On Tuesday, we saw scores of internationally-focused ETFs reach either 52-week highs, multi-year highs, or all-time record prices.

Some of the most popular ETFs were among them, such as iShares S&P 500 ETF (ASX: IVV), Betashares Nasdaq 100 ETF (ASX: NDQ), Vanguard MSCI Index International Shares ETF (ASX: VGS), Global X FANG+ ETF (ASX: FANG), and iShares Global 100 AUD ETF (ASX: IOO).

The ETFs soared due to ongoing strength in the US market, with the S&P 500 Index (SP: .INX) smashing another all-time high this week.

Over the years, Aussies have enthusiastically invested billions in ASX ETFs to gain easy, diversified exposure to international shares.

This trend continues today, with a record $5.28 billion invested in July alone.

Next week, scores of ETFs go ex-dividend, which means time is running out for investors who may want to top up their holdings.

To receive an ETF's next dividend, you must buy or already own the ETF before its ex-dividend date.

We provide a sample of ETFs going ex-dividend below.

If you want to buy any of these ETFs to score their next dividend (or 'distribution') payments, you'd better be quick!

24 ASX ETFs with ex-dividend dates next week

At this stage, most providers have only released estimated distribution amounts. They will release finalised figures in due course.

The post 24 ASX ETFs going ex-dividend next week appeared first on The Motley Fool Australia.

Focusing on ETFs that prioritise dividends can be particularly appealing for passive income seekers. Investing in Vanguard ASX ETFs can be a practical way to generate passive income through distributions while enjoying the diversification benefit.

Let's explore the current distribution yields of popular ETFs and other relevant factors.

7 ASX ETFs with above 3% distribution yields

Investors should check the latest dividend yield data to determine which Vanguard ASX ETF currently yields the highest passive income. This information is regularly updated and can be found on Vanguard's official site or through your brokerage platform.

The Vanguard Australian Shares High Yield ETF (ASX: VHY) truly lives up to its name by offering the highest yield of 5.86%. As my colleague Tristan highlighted, the VHY ETF also achieves diversification by capping the proportion to any one industry to 40% of the ETF.

Investors may also want to consider other Vanguard ASX ETFs that offer yields higher than 3%. Here's a list of ETFs that could be excellent options for generating passive income.

These ETFs can offer exposure to specific investment sectors or regions without sacrificing income flow.

Other considerations

When choosing an ETF based on yield, it's essential to consider other factors such as risk tolerance, expense ratios, and diversification.

Evaluating your risk tolerance involves understanding whether the ETF's risk profile aligns with your investment goals. For example, ETFs focused on high-growth companies or international shares may have higher volatility, which may or may not suit your financial objectives.

Expense ratios are another critical consideration. Comparing the expense ratios of different ETFs is important, as lower expenses can contribute to higher net returns. In the table above, I have provided this information under the 'fees' column for easy comparison.

Diversification is also key when selecting an ETF. Ensure that the ETF aligns with your overall portfolio diversification strategy. A well-diversified ETF can help mitigate risk and provide more stable returns over time, enhancing your passive income potential.

The post Which Vanguard ASX ETF yields the highest passive income right now? appeared first on The Motley Fool Australia.