3 ASX ETFs to buy for passive income

Here are three funds that income investors might want to get better acquainted with.

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Key points

  • With shrinking cash returns, Australian investors are turning to high-yield ASX ETFs like Betashares Global Royalties, Vanguard Australian Shares High Yield, and Betashares S&P Australian Shares High Yield for passive income.
  • Betashares Global Royalties ETF offers a unique income source with a 4.3% yield through royalty-earning stocks, providing diversified exposure away from traditional sectors.
  • Vanguard and Betashares S&P Australian Shares High Yield ETFs focus on high dividend yields from blue-chip companies, offering reliable income with yields around 4-4.6%.

With interest rates coming down and cash returns shrinking, many Australians are once again turning to the share market to generate passive income.

Exchange-traded funds (ETFs) can be a particularly attractive option because they deliver diversification, regular distributions, and access to high-yielding companies — all in one simple trade.

Here are three ASX-listed ETFs that stand out for income seekers right now.

Betashares Global Royalties ETF (ASX: ROYL)

The Betashares Global Royalties ETF is one of the more unique income plays on the ASX. Rather than relying on traditional dividend shares, it invests in stocks that earn revenue from royalties — payments made for the right to use intellectual property, natural resources, or technology.

That means exposure to businesses such as ARM Holdings (NASDAQ: ARM), a global leader in chip design, Wheaton Precious Metals Corp (NYSE: WPM), which earns royalties from mining projects, and Universal Music Group, the powerhouse behind some of the world's most valuable music rights.

With a trailing dividend yield of 4.3%, the Betashares Global Royalties ETF offers investors a differentiated way to generate income while diversifying beyond traditional sectors. It was recently named as one for income investors to consider by the team at Betashares.

Vanguard Australian Shares High Yield ETF (ASX: VHY)

The Vanguard Australian Shares High Yield ETF is a popular option and has become a staple for income-focused investors in recent years. It tracks a basket of the ASX's highest forecast dividend yields (based on broker research) and has a current trailing yield of 4.6%.

Its top holdings currently include BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia (ASX: CBA), National Australia Bank Ltd (ASX: NAB), Westpac Banking Corp (ASX: WBC), and Telstra Group Ltd (ASX: TLS). These blue-chip companies generate steady cash flows and have long histories of returning profits to shareholders. For investors who want reliable dividends from Australia's largest companies, the Vanguard Australian Shares High Yield ETF remains one of the strongest options.

Betashares S&P Australian Shares High Yield ETF (ASX: HYLD)

The relatively new Betashares S&P Australian Shares High Yield ETF focuses on 50 ASX shares with high forecast dividend yields. With an estimated yield above 4%, it provides another strong source of passive income.

Its top holdings include Westpac, NAB, ANZ Group Holdings Ltd (ASX: ANZ), BHP, and Bunnings and Kmart owner Wesfarmers Ltd (ASX: WES). By targeting higher yields while screening out potential dividend traps, the Betashares S&P Australian Shares High Yield ETF aims to deliver higher income than the broader market without taking on unnecessary risk. It was also recently named as one to consider buying by the team at Betashares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Wesfarmers. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended BHP Group, Vanguard Australian Shares High Yield ETF, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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