Investors who own these Betashares ASX ETFs below will receive their dividends on 20 April.

The ex-dividend date is tomorrow, 1 April, and the record date is Thursday.

Dividends for A200 and other ASX ETFs

Here are the estimated dividends that investors will receive, rounded to the nearest cent, on 20 April.

The Betashares Australia 200 ETF (ASX: A200) will pay a quarterly dividend of $1.20 per unit.

A200 ETF tracks the performance of the benchmark S&P/ASX 200 Index (ASX: XJO) before costs and fees.

ASX A200 is trading at $143.79 per unit, up 0.94% today.

The Betashares Australian Dividend Harvester Active ETF (ASX: HVST) will pay a monthly dividend of 6 cents per unit.

The Betashares S&P Australian Shares High Yield ETF (ASX: HYLD) will pay a monthly dividend of 12 cents per unit.

Betashares Nasdaq 100 Yield Maximiser Complex ETF (ASX: QMAX) will pay a monthly dividend of 17 cents per unit.

The Betashares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX) will pay a monthly dividend of 4 cents per unit.

Betashares S&P 500 Yield Maximiser Complex ETF (ASX: UMAX) will pay a monthly dividend of 11 cents per unit.

The Betashares Diversified All Growth ETF (ASX: DHHF) will pay a quarterly dividend of 14 cents per unit.

Betashares Ethical Diversified Balanced ETF (ASX: DBBF) will pay a quarterly dividend of 13 cents per unit.

The Betashares Ethical Diversified Growth ETF (ASX: DGGF) will pay a quarterly dividend of 9 cents per unit.

Betashares Ethical Diversified High Growth ETF (ASX: DZZF) will pay a quarterly dividend of 4 cents per unit.

The Betashares FTSE Global Infrastructure Shares Currency Hedged ETF (ASX: TOLL) will pay a quarterly dividend of 21 cents per unit.

Betashares Australian Government Bond ETF (ASX: AGVT) will pay a monthly dividend of 15 cents per unit.

The Betashares US Treasury Bond 7-10 Year Currency Hedged ETF (ASX: US10) will pay a quarterly dividend of 40 cents per unit.

Betashares Global Aggregate Bond Currency Hedged ETF (ASX: WBND) will pay a quarterly dividend of 45 cents per unit.

Want to reinvest your ASX ETF dividends?

A distribution reinvestment plan (DRP) is available for eligible Betashares ETFs.

If you're newly invested in Betashares ETFs and would like to reinvest your dividends, you will need to lodge your DRP election form by 5pm AEST next Tuesday, 7 April.

The post Own A200 or other Betashares ASX ETFs? Dividends just announced appeared first on The Motley Fool Australia.

Another bonus is that if an ETF's portfolio includes shares that pay a dividend, the ETF will collect it and pass it on to investors. Like any ASX dividend-paying stock, this is usually paid out quarterly or annually. But then there are the rare few ETFs that pay income to investors monthly.

Here are two of them, and they both have very attractive yields.

BetaShares Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX)

The Betashares YMAX is an ASX-listed ETF that targets the 20 largest Australian shares on the ASX. 

Since the fund began in April 2023, YMAX has been paying quarterly dividends to its shareholders. But effective from January this year, it has elected to pay out on a monthly basis instead.

As of the 27th of February 2026, YMAX ETF has a 12-month gross distribution (dividend) yield of 9% and a 12-month distribution yield of 7.6%. The total 12-month franking level is 42.4%. The fund's annual management fee and costs are 0.64%.

Its first-ever monthly dividend payment was paid on the 17th of February, where it handed investors $0.035221 per unit and paid $0.050699 per unit last week. 

Over the past 12 months, YMAX shares have trailed the S&P/ASX 200 Index (ASX: XJO) returns. The ETF's share price is down 1.98% compared with the ASX 200's 7.4% annual gain.

BetaShares Dividend Harvester Active ETF (ASX: HVST) 

The Betshares HVST ETF is an ASX-listed ETF that invests in 40 to 60 dividend-paying companies. These are selected from the top 100 largest ASX-listed companies based on their dividend forecasts, franking credits, and expected future gross dividend payments.

The ETF does not track an index; instead, it targets exposure to high-dividend stocks.

The fund is created in a way that allows it to own a dividend share until it trades ex-dividend. At this point, the fund sells the shares and reinvests the proceeds into its next opportunity.

HVST ETF pays investors a regular, franked dividend income that is around double the annual income yield of the broader ASX. 

As of the 27th of February 2026, its 12-month gross distribution (dividend) yield is 7%, and the net yield is 5.5%. The franking level is 64.7%. The fund's annual management fee and costs are 0.72%.

The fund paid out $0.06 per share to investors in late February and another $0.06 per share last week.

HVST shares have trailed the index over the past 12 months. The ETF's share price is down 0.1% over the past 12 months, compared with the ASX 200's 7.4% annual gain.

The post 2 monthly income ETFs with yield reaching as high as 9% appeared first on The Motley Fool Australia.

Most ASX dividend-paying stocks pay their investors every quarter, six months or 12 months. And then there are the select few which pay dividends on a monthly-basis. 

Here are three of my favorite monthly-paying dividend superstars. And they all pay a yield over 5%.

BetaShares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX)

The Betashares YMAX is an ASX-listed exchange-traded fund (ETF) which targets the 20 largest Australian shares on the ASX. 

It's a relative newcomer as a monthly-paying dividend stock. Since its inception in April 2013, the fund has been paying quarterly dividends to its shareholders. But effective from January 2026, it was amended to pay out on a monthly basis.

As at 30 January 2026, YMAX ETF has a 12-month gross distribution yield of 8.8% and a 12-month distribution yield of 7.4%. The total 12-month franking level is 42.7%.

Its first-ever monthly dividend payment was paid on the 17th of February, where it handed investors $0.035221 per unit. Another $0.050699 per unit dividend will be paid next week.

BetaShares Dividend Harvester Active ETF (ASX: HVST) 

HVST ETF is an ASX-listed exchange-traded fund (ETF) that gives its investors exposure to a large portfolio of up to 60 dividend-paying shares. They're drawn from the 100 largest ASX-listed companies and selected based on forecasts of high dividends and franking credits, and expected future gross dividend payments. 

The fund is created in a way that it allows it to own a dividend share until it trades ex-dividend. At this point, the fund sells the shares and reinvests the proceeds into its next passive income-generating shares.

HVST ETF pays investors a regular, franked dividend income that is around double the annual income yield of the broader ASX. As of the 30th of January 2026, its 12-month gross distribution (dividend) yield is 7.3%, and the net yield is 5.7%. The franking level is 65.7%. The fund's annual management fee and costs are 0.72%.

The fund paid out $0.06 per share to investors in late February with another $0.06 per share due to be paid next week.

Metrics Master Income Trust (ASX: MXT)

The Metrics Master Income Trust is a listed investment trust (LIT). The trust has a portfolio of corporate loans and private credit investments rather than a portfolio of other ASX dividend shares. 

This means it can give its investors direct exposure to the Australian corporate loan market, a space which is currently dominated by regulated banks. The trust targets a return of the Reserve Bank cash rate plus 3.25% p.a. (net of fees) through the economic cycle. 

Its latest payout was 1.17 cents per share unfranked in late-February and is, which is payable next week. At the time of writing, MXT ETF has a dividend yield of 7.97%.

The post 3 ASX monthly dividend stocks yielding over 5% appeared first on The Motley Fool Australia.

The S&P/ASX 200 Index (ASX: XJO) is down 6.5% since 2 March.

Meanwhile the S&P 500 Index (SP: .INX) is down more than 2%. 

Markets are coming under heavy pressure due to conflict in Iran. 

Investors are now seemingly in a complete "risk-off" mode, as most sectors are being heavily sold-off, even those not directly impacted by the conflict. 

With the timeline and future of the situation extremely unclear, its likely defensive assets like gold could continue to benefit. 

When markets endure pressure like we have seen to start the month, it can be a good time for investors to switch focus to generating passive income through consistent dividends. 

This can provide some relief when individual shares are falling. 

Here are three ASX ETFs that have a history of paying consistent dividends.

Vanguard Australian Shares High Yield ETF (ASX: VHY)

This is a popular dividend focussed ASX ETF. It seeks to track the return of the FTSE Australia High Dividend Yield Index.

According to Vanguard, it provides exposure to companies listed on the Australian Securities Exchange (ASX) that have higher forecasted dividends relative to other ASX-listed companies. 

It has consistently paid a yield hovering around 4% and includes a combination of roughly 80 blue-chip and mid-sized companies. 

This includes well-known dividend payers like the big-four banks, and mining giants like BHP Group Ltd (ASX: BHP) and Rio Tinto Ltd (ASX: RIO).

It has a management fee of 0.25% per annum.

SPDR MSCI Australia Select High Dividend Yield Fund (ASX: SYI)

This ASX ETF seeks to track the returns of the MSCI Australia Select High Dividend Yield Index. 

At the time of writing, it is made up of 57 underlying holdings in companies with relatively high dividend income and quality characteristics with the potential for franked dividend income.

It currently offers a dividend yield of 3.92%, with distributions paid quarterly and a management fee of 0.20% per annum.

BetaShares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX)

YMAX ETF aims to generate attractive monthly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of the 20 largest blue-chip shares listed on the ASX. 

Unlike many other ASX ETFs, YMAX ETF does not aim to track an index.

It currently has a 12 month gross distribution yield of 8.8%. 

Another positive of this ASX ETF is that distributions are now paid monthly, however due to the ongoing management, it has an annual fee of 0.64% per annum.

The post Shift your focus to passive income with these dividend ASX ETFs appeared first on The Motley Fool Australia.

There are several companies that pay their investors every quarter, every six months, or every year. ASX dividend shares that pay out every single month are a much rarer find. 

The most popular three are the BetaShares Dividend Harvester Active ETF (ASX: HVST), Plato Income Maximiser Ltd (ASX: PL8), and Metrics Master Income Trust (ASX: MXT). They all offer a reliable monthly income at a good rate.

But there is another ASX dividend share that I think Aussie investors should consider: The BetaShares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX).

What is YMAX?

The Betashares YMAX is an ASX-listed exchange-traded fund (ETF) that is designed to generate an attractive income. It targets the 20 largest Australian shares on the ASX. 

The fund uses a covered call strategy to generate extra income that is typically higher than dividend yields alone. It generally offers lower volatility than a direct investment in the underlying shares. It does not aim to track an index.

What does its portfolio look like?

The ASX dividend share invests in a portfolio that provides exposure to the largest 20 Australian securities listed on the ASX, combined with call options written on the securities in the share portfolio.

The portfolio is passively managed, which means that the weighting of each security will generally mirror the weighting of the security within the Solactive Australia 20 Index, Betashares explains. It also aims to generate dividends, franking credits, and some capital growth. 

It is most heavily weighted into the financial sector (45.7%) and the materials sector (20.8%). 

And as of the 30th of January this year, the top four holdings in its portfolio are Commonwealth Bank of Australia (ASX: CBA), BHP Group Ltd (ASX: BHP), Westpac Banking Corp (ASX: WBC), and National Australia Bank Ltd (ASX: NAB).

The portfolio is most heavily weighted into CBA and BHP shares at 15.5% and 15.1% respectively. It is also weighted 8.2% into both Westpac and NAB.

What are the ASX dividend share's payouts?

When it comes to monthly payouts, the Betashares YMAX is relatively new to the table. Since its inception in April 2013, the fund has been paying quarterly dividends to its shareholders.

But effective from January 2026, the intended distribution frequency of the fund has been amended from quarterly to monthly.

As at 30 January 2026, the Betashares YMAX has a 12-month gross distribution yield of 8.8% and a 12-month distribution yield of 7.4%. The total 12-month franking level is 42.7%.

The fund paid its last quarterly dividend on 19th January. It paid shareholders $0.13247 per share with 31% franking.

Its first-ever monthly dividend payment was paid on the 17th of February, where it handed investors $0.035221 per unit. This came with 37.97% franking. This translates to an annual distribution return of 7.64%.

The fund has confirmed a $0.050699 per unit dividend, with 32.88% franking, will be paid on the 17th of March.

The post For monthly income, an 8.8% ASX dividend share to consider appeared first on The Motley Fool Australia.

Investors in the Betashares Global Gold Miners Currency Hedged ETF (ASX: MNRS) will be among those paid today.

The gold miners ETF was one of the best performers of 2025, delivering a whopping total return of 149%.

MNRS tracks the performance of the Nasdaq Global ex-Australia Gold Miners Hedged AUD Index.

The 65% rally in the gold price last year, building on the 24% lift in 2024, was a big tailwind behind MNRS last year.

Investors in Betashares Global Defence ETF (ASX: ARMR) will also be paid today.

ARMR is benefitting from a big increase in global defence spending amid volatile geopolitics these days.

It tracks the VettaFi Global Defence Leaders Index and gave investors a total return of 48% last year.

Dividends to be paid today

Here are the dividends that investors will receive, rounded to two decimal places, today.

The Betashares Australia 200 ETF (ASX: A200) will pay $1.15 per unit with 60% franking.

Betashares Australian Quality ETF (ASX: AQLT) will pay 47 cents per unit with 93% franking.

The Betashares Global Defence ETF (ASX: ARMR) will pay 32 cents per unit.

Betashares Global Gold Miners Currency Hedged ETF (ASX: MNRS) will pay 3 cents per unit.

The Betashares Asia Technology Tigers ETF (ASX: ASIA) will pay 67 cents per unit.

Betashares S&P/ASX Australian Technology ETF (ASX: ATEC) will pay 6 cents per unit with 106% franking.

Betashares Diversified All Growth ETF (ASX: DHHF) will pay 30 cents per unit with 22% franking.

The Betashares Global Sustainability Leaders ETF (ASX: ETHI) will pay 4 cents per unit.

Betashares Australian Sustainability Leaders ETF (ASX: FAIR) will pay 29 cents per unit with 65% franking.

But wait, there's more…

The Betashares Geared Australian Equity Fund – Hedge Fund (ASX: GEAR) will pay 45 cents per unit with 225% franking.

Betashares Australian Dividend Harvester Active ETF (ASX: HVST) will pay 6 cents per unit with 74% franking.

The Betashares S&P Australian Shares High Yield ETF (ASX: HYLD) will pay 12 cents per unit with 66% franking.

Betashares Australian Financials Sector ETF (ASX: QFN) will pay 28 cents per unit with 89% franking.

Betashares Global Quality Leaders ETF (ASX: QLTY) will pay 9 cents per unit.

The Betashares Australian Resources Sector ETF (ASX: QRE) will pay 11 cents per unit with 101% franking.

Betashares Global Uranium ETF (ASX: URNM) will pay 3 cents per unit.

The Betashares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX) will pay 13 cents per unit with 31% franking.

Betashares Global Banks Currency Hedged (ASX: BNKS) will pay 11 cents per unit.

Betashares Global Energy Companies Currency Hedged ETF (ASX: FUEL) will pay 9 cents per unit.

The post Own MNRS or ARMR ETFs? Here's why it's a big day for you appeared first on The Motley Fool Australia.

Investors who own these Betashares ETFs below will receive their dividends on 19 January.

The ex-dividend date is today, and the record date is Monday.

How much in dividends will you receive?

Here are the dividends that investors will receive, rounded to the nearest cent, on 19 January.

The Betashares Australia 200 ETF (ASX: A200) will pay $1.15 per unit with 60% franking.

Betashares Australian Quality ETF (ASX: AQLT) will pay 47 cents per unit with 93% franking.

The Betashares Global Defence ETF (ASX: ARMR) will pay 32 cents per unit.

The Betashares Global Gold Miners Currency Hedged ETF (ASX: MNRS) will pay 3 cents per unit.

The Betashares Asia Technology Tigers ETF (ASX: ASIA) will pay 67 cents per unit.

Betashares S&P/ASX Australian Technology ETF (ASX: ATEC) will pay 6 cents per unit with 106% franking.

Betashares Diversified All Growth ETF (ASX: DHHF) will pay 30 cents per unit with 22% franking.

The Betashares Global Sustainability Leaders ETF (ASX: ETHI) will pay 4 cents per unit.

The Betashares Australian Sustainability Leaders ETF (ASX: FAIR) will pay 29 cents per unit with 65% franking.

More ASX ETFs paying dividends soon

The Betashares Geared Australian Equity Fund – Hedge Fund (ASX: GEAR) will pay 45 cents per unit with 225% franking.

The Betashares Australian Dividend Harvester Active ETF (ASX: HVST) will pay 6 cents per unit with 74% franking.

The Betashares S&P Australian Shares High Yield ETF (ASX: HYLD) will pay 12 cents per unit with 66% franking.

The Betashares Australian Financials Sector ETF (ASX: QFN) will pay 28 cents per unit with 89% franking.

Betashares Global Quality Leaders ETF (ASX: QLTY) will pay 9 cents per unit.

The Betashares Australian Resources Sector ETF (ASX: QRE) will pay 11 cents per unit with 101% franking.

Betashares Global Uranium ETF (ASX: URNM) will pay 3 cents per unit.

The Betashares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX) will pay 13 cents per unit with 31% franking.

Betashares Global Banks Currency Hedged (ASX: BNKS) will pay 11 cents per unit.

Betashares Global Energy Companies Currency Hedged ETF (ASX: FUEL) will pay 9 cents per unit.

Want to reinvest your ASX ETF dividends?

A distribution reinvestment plan (DRP) is available for eligible Betashares ETFs.

Betashares' registrar, MUFG Corporate Markets, must receive your DRP election by 5pm AEST on 6 January.

The post Own Betashares ASX ETFs? Here's your next dividend appeared first on The Motley Fool Australia.

A new report from Betashares has shed light on the dwindling returns available from traditional 'safe havens' like term deposits and savings accounts. 

However, according to APRA, Australians hold over $1.4 trillion in bank deposits.

Betashares said this continues to grow despite falling interest rates. This suggests many Australians are content with accepting these lower returns. 

Research shows some of the highest interest rates available for savings accounts hover around 4% to 4.5%. 

What's more important, is these often come with fees, deposit or withdrawal limits, or revert back to lower rates after introductory periods. 

As of December 2025, the best 1-year term deposit rate you can find at any Big Four bank is 4%. 

With those figures in mind, if you are considering parking cash in a savings account or term deposit, these ASX ETFs might offer better returns than what your bank is offering. 

BetaShares S&P 500 Yield Maximiser Fund (ASX: UMAX)

The objective of this ASX ETF is to generate attractive quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of stocks comprising the S&P 500 Index. 

It uses a covered-call strategy over the 500 largest stocks on Wall Street.

The result is regular income distributions (paid quarterly) that can be significantly higher than the regular dividend yield of the S&P 500 index.

It has a 12 month distribution yield of 5.3%. 

BetaShares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX)

This ASX ETF is essentially the Australian focussed version of the previous fund. 

According to Betashares, the fund gives exposure to the top 20 ASX shares and sells covered call options on up to 100% of its shares to generate additional income from the option premiums.

It has a 12 mth distribution yield of 8.2% (paid quarterly). 

In terms of the portfolio, its largest exposure is to:

• Commonwealth Bank of Australia (ASX: CBA) – 16.3%
• BHP Group (ASX: BHP) – 13.6%. 

Vanguard Australian Shares High Yield ETF (ASX: VHY)

This is Vanguard's ASX ETF focussed on high-dividends. 

According to Vanguard, the objective is to target companies that have higher forecast dividends relative to other ASX-listed companies.

It also has exposure to Australia's largest blue-chip stocks like CBA and BHP.

The fund has historically provided a dividend yield around 5%.

The post 3 ASX ETFs that can generate more cash than your savings account appeared first on The Motley Fool Australia.

We can no longer blindly rely on the ASX 200 banks and miners to line our pockets with generous payouts.

Cameron Gleeson from Betashares says this is why Australian dividend investors are turning to high-yield ASX ETFs.

Here are three ASX ETFs tailored for dividend investing.

Keen on dividend investing? Here are 3 ASX ETF options

Vanguard Australian Shares High Yield ETF (ASX: VHY)

VHY is the largest ASX ETF for dividend investing on the market. It pays dividends quarterly.

This ETF aims to track the FTSE Australia High Dividend Yield Index before fees.

This entails investments in 75 companies, 73% of which are large caps, with real estate investment trusts (REITs) excluded.

VHY ETF's top holdings are currently BHP Group Ltd (ASX: BHP) shares at 10%, Commonwealth Bank of Australia (ASX: CBA) 9%, National Australia Bank Ltd (ASX: NAB) 7%, Westpac Banking Corp (ASX: WBC) 7%, and ANZ Group Holdings Ltd (ASX: ANZ) at 6%.

Since inception in May 2011, VHY ETF has delivered an average annual net total return of 9.69%.

The annual management fee is 0.25%.

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

Betashares launched this dividend-investing-focused ETF in August. It pays dividends monthly.

The HYLD ETF seeks to track the returns of the S&P/ASX 200 High Yield Select Index before fees.

This involves 50 companies. HYLD ETF's top holdings are currently Westpac shares at 11%, ANZ at 11%, NAB at 10%, BHP at 10%, and Wesfarmers Ltd (ASX: WES) at 5%.

Betashares explains HYLD's unique offering:

HYLD seeks to improve on traditional high-dividend strategies by aiming to screen out potential 'dividend traps' such as companies projected to pay unsustainably high dividend yields, as well as companies that exhibit high levels of volatility relative to their forecast dividend payout.

A dividend trap is a share with an unsustainably high dividend yield. It usually occurs because the share price has declined.

Obviously, there is no long-term performance data on HLYD ETF because it's only been trading on the ASX for a few months.

But the index that it tracks (S&P/ASX 200 High Yield Select Index) has delivered an average annual total return of 12.64% over five years.

The management fee is 0.25% per year.

Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX)

The YMAX ETF pays dividends quarterly while also trying to generate reasonable capital growth.

YMAX doesn't track an index. Instead, it invests in the top 20 ASX shares and sells covered call options on up to 100% of its shares to generate additional income from the option premiums.

YMAX's largest holdings are CBA shares 18%, BHP 13%, NAB 8%, Westpac 8%, and ANZ 7%.

Since inception in November 2012, YMAX ETF has delivered an average annual net total return of 6.52%.

The management fee and expenses are 0.64% of the ETF's net asset value (NAV) per annum.

The post Are ASX ETFs the new vehicle for easy dividend investing? appeared first on The Motley Fool Australia.

There are plenty of options, and some even pay distributions every month, making them ideal for retirees living on dividend income.

Here are three ASX ETFs with dividend themes that may be worth considering, depending on your individual investment goals.

3 ASX ETFs designed to deliver strong income

Vanguard Australian Shares High Yield ETF (ASX: VHY)

VHY is the largest dividend-focused ASX ETF on the market, and seeks to track the FTSE Australia High Dividend Yield Index before fees. This entails investments in 75 companies, 70% of which are large-caps, with real estate investment trusts (REITs) excluded.

VHY ETF's top holdings are currently BHP Group Ltd (ASX: BHP) shares at 10% of monies invested, Commonwealth Bank of Australia (ASX: CBA) 9%, National Australia Bank Ltd (ASX: NAB) 7%, Westpac Banking Corp (ASX: WBC) 7%, and Telstra Group Ltd (ASX: TLS) 6%.

Since inception in May 2011, VHY ETF has delivered an average annual net total return of 9.58%.

The annual management fee is 0.25%.

Betashares Australian Dividend Harvester Active ETF (ASX: HVST)

Paying monthly dividends, HVST is designed for investors who need continual cash flow. It's an active ETF, so it doesn't follow an index. Instead, Betashares managers pick the stocks with the aim of exceeding the net annual income yield of the broader Australian market.

Betashares says it generally sticks to the market's top 100 companies by market capitalisation. HVST ETF's top holdings are currently CBA shares 15%, CSL Ltd (ASX: CSL) 6%, BHP 5%, Wesfarmers Ltd (ASX: WES) 3.5%, and Transurban Group (ASX: TCL) 3%.

Since inception in June 2022, HVST ETF has delivered an average annual net total return of 9.02%.

The annual management fee is 0.65% plus 0.07% in estimated expenses.

Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX)

The YMAX ETF pays dividends quarterly, and also aims to deliver some capital growth. YMAX doesn't track an index. Instead, it invests in the top 20 ASX shares and sells covered call options on up to 100% of its shares to generate additional income from the option premiums.

YMAX's largest holdings are CBA shares 17%, BHP 12%, NAB 8%, Westpac 8%, and Wesfarmers 6%.

Since inception in November 2012, YMAX ETF has delivered an average annual net total return of 6.55%.

The management fee and expenses total 0.64% of the ETF's net asset value (NAV) per annum.

The post 3 ASX ETFs for strong dividend income appeared first on The Motley Fool Australia.

Here are two ASX exchange-traded funds (ETFs) that you might like to consider.

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

The brand new ASX ETF, launched by Betashares in August, has $46 million in net assets under management.

It's delivered 5.26% total returns since its inception on 1 August, and trades on a trailing 12-month dividend yield of 4.42%.

HYLD ETF pays income to investors every month, and tracks the S&P/ASX 200 High Yield Select Index before fees.

It invests in 50 ASX shares with high forecast dividend yields.

HYLD ETF's top holdings are currently Westpac Banking Corp (ASX: WBC) shares, National Australia Bank Ltd (ASX: NAB), ANZ Group Holdings Ltd (ASX: ANZ), BHP Group Ltd (ASX: BHP), Wesfarmers Ltd (ASX: WES), Macquarie Group Ltd (ASX: MQG), and Telstra Group Ltd (ASX: TLS).

Betashares says HYLD ETF screens out potential 'dividend traps'.

A dividend trap is a share with an unusually high income yield that isn't sustainable. It's usually the result of a declining share price.

The management fee is 0.25% per year.

The HYLD ETF is currently $31.69 per unit, down 0.2% on Friday.

Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX)

The YMAX ETF has $619 million in net assets under management. It's been trading on the market since November 2012.

YMAX ETF delivered a net yield of 7.6% and a gross yield (including 45% franking) of 9% over the year to 30 September.

This ASX ETF provides quarterly income but also aims to deliver some capital growth, as well as less volatile returns.

YMAX does not track an index.

Instead, it has a strategy of investing only in the top 20 ASX 200 shares and selling covered call options on up to 100% of its shares.

This generates extra income from the option premiums, on top of the dividends paid by the ASX shares in its portfolio.

YMAX's largest holdings are Commonwealth Bank of Australia (ASX: CBA) shares, Westpac, NAB, BHP, Fortescue Ltd (ASX: FMG), Rio Tinto Ltd (ASX: RIO), Wesfarmers Ltd (ASX: WES), Telstra, and Coles Group Ltd (ASX: COL).

The ETF's management fee and expenses total 0.64% of the fund's net asset value (NAV) per year.

The YMAX ETF is currently $7.75 per unit, up 0.4% on Friday.

The post Looking for top dividend income? Here are 2 ASX ETFs to consider appeared first on The Motley Fool Australia.

According to Betashares, the Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX) delivered a net yield of 7.6% and a gross yield of 9% over the 12 months to 30 September.

The gross yield factors in 45% franking.

So, how does this ETF achieve such a strong yield?

Let's take a look at what makes the YMAX ETF different.

Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX)

YMAX aims to provide quarterly dividend income plus some capital growth, as well as less volatile investment returns.

YMAX ETF invests only in the top 20 companies listed on the ASX 200.

They include the big bank shares, such as Commonwealth Bank of Australia (ASX: CBA), Westpac Banking Corp (ASX: WBC), and National Australia Bank Ltd (ASX: NAB), and the mega miners, BHP Group Ltd (ASX: BHP), Fortescue Ltd (ASX: FMG), and Rio Tinto Ltd (ASX: RIO).

There's also Wesfarmers Ltd (ASX: WES), Telstra Group Ltd (ASX: TLS), Coles Group Ltd (ASX: COL), and a few others.

However, collecting dividends and franking credits from these 20 stocks is not enough to generate as high a yield as 9% gross.

YMAX does something else to fatten up returns: it writes covered call options on up to 100% of its shares.

What is a covered call option?

It's an options strategy whereby YMAX sells call options on the shares it owns to generate extra income from the option premiums.

Each option has a strike price.

If a stock's value rises above that price, the option owner has the right to buy the shares from YMAX at the strike price.

They sell them on the open market to pocket the difference between the strike price and current market value.

If the share does not rise above the strike price, the option holder is unlikely to exercise the option.

The call options are referred to as 'covered' because YMAX already owns the underlying ASX 200 shares. This means it can easily meet its obligations if the call options are exercised.

YMAX writes call options with terms of one to three months. The strike prices are usually approximately 3% to 7% above market.

The options provide additional income via premiums on top of the dividends paid by the stocks in the YMAX portfolio.

The premium amount depends on many factors, including anticipated price volatility for each of the 20 stocks held.

The higher the expected volatility, the higher the option premium.

Pros and cons of this strategy

YMAX explains that the extra income from option premiums provides a partial hedge against share price falls for YMAX unitholders.

The result is lower volatility in overall returns.

However, writing call options also means YMAX foregoes the benefit of price rises above their options' strike prices.

This is because the option holder is likely to exercise their option if the price goes above the strike price. Alternatively, YMAX may choose to pay to close out the option by repurchasing it at the current market price.

As Betashares explains in its product disclosure statement (pds):

The strategy therefore reduces the downside risk, but also limits the upside potential.

Betashares says YMAX would typically outperform a basic top 20 index-tracking ETF (with no options involved) in "falling, flat and gradually rising markets".

Conversely, YMAX would likely underperform in a strongly rising market, given it has to forgo some capital gains.

YMAX ETF's management fee and expenses total 0.64% of the fund's net asset value (NAV) per annum.

The YMAX ETF is currently $7.57 per unit, down 0.66% on Tuesday.

The post Which ASX ETF is delivering a 9% gross dividend yield? appeared first on The Motley Fool Australia.

The Reserve Bank of Australia (RBA) has already cut rates twice this year, reducing the official cash rate from 4.35% to 3.85%. 

While the RBA elected to leave rates on hold at its last meeting, economists widely projected several further rate cuts to be delivered over the coming months. 

Earlier this year, ETF provider Betashares named three high-yield ASX exchange-traded funds (ETFs) that offer attractive income.

What are they?

Nasdaq 100 Yield Maximiser Complex ETF (ASX: QMAX)

The first named was the Nasdaq 100 Yield Maximiser Complex ETF. This ETF provides investors with reliable income as well as exposure to the top 100 companies listed on the Nasdaq. This allows investors to receive passive income and gain geographical diversification in the US stock market. 

Typically, US companies do not pay substantial dividends. However, this ETF aims to enhance income above that generated by the underlying companies through a 'covered call strategy'. To compensate for this added layer of complexity, the management expense is 0.68%. This is above the management fee charged for the majority of passively managed ASX ETFs.

As of 30 June, the 12-month trailing distribution yield was 6.6%. That's much higher than investors can expect to receive by investing in a term deposit.

Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX)

The Australian Top 20 Equities Yield Maximiser Complex ETF is another high-yield ASX ETF to consider. This ETF aims to generate income through investing in a portfolio of 20 large capitalisation ASX-listed companies. It contains well-known names such as the big four banks, CSL Ltd (ASX: CSL) and Wesfarmers (ASX: WES).

As of 30 June, the 12-month trailing distribution yield was 7.5%. This is likely to appeal to those seeking significant passive income. 

Like the QMAX ETF, the YMAX ETF uses a covered call strategy to achieve its investment objectives. However, in this case, it aims to reduce volatility. Again, to compensate for this added layer of complexity, the management expense is relatively high at 0.64%.

Betashares Australian Bank Senior Float Rt Bd ETF (ASX: QPON)

A final option is the Betashares Australian Bank Senior Float Rt Bd ETF. Unlike the two previously mentioned ETFs, which hold equities, the QPON ETF focuses on fixed income. It offers exposure to senior floating-rate bonds issued by Australian banks. 

Betashares suggests this ETF may appeal to those looking for a more defensive portfolio.

According to Betashares, Australian bank senior floating rate bonds historically have had a high level of capital stability and limited capital variability in equity market declines.

As of 30 June, the 12-month trailing distribution yield was 5.1%. This is still above the current interest rate of most term deposits. 

Its management expense is also materially lower than the previously mentioned ASX ETFs, at 0.22%.

Foolish Takeaway

In a falling interest rate environment, the appeal of high-yield investments increases.

Two of the ASX ETFs discussed focus on equities. It's crucial that investors understand the risk involved when switching from term deposits to equities. Term deposits are essentially risk-free, whereas equity investments carry a risk premium. With the S&P/ASX 200 Index (ASX: XJO) trading not far off its all-time high, this is certainly something that investors should consider. 

Those wanting a more defensive investment that's also high yield might prefer the QPON ETF. While safer than equity-focused ETFs, the QPON ETF is still slightly more risky than a term deposit, which is essentially risk-free.

Ultimately, the decision to swap term deposits for high-yield ASX ETFs should be based on the individual investor's risk tolerance and investment goals.

The post 3 high-yield ASX ETFs to beat falling interest rates appeared first on The Motley Fool Australia.

How about the new Betashares Global Defence ETF (ASX: ARMR), which only began trading in October last year?

If you're invested in any Betashares exchange-traded funds (ETFs), today you'll be rewarded with your next lot of dividends.

Here is how much you'll receive in your bank account by the close of business on Wednesday.

Dividends for A200, NDQ and ARMR ETFs

The A200 ETF tracks the benchmark S&P/ASX 200 Index (ASX: XJO) before fees.

It provides exposure to Australia's top listed companies, including Commonwealth Bank of Australia (ASX: CBA), BHP Group Ltd (ASX: BHP), and CSL Ltd (ASX: CSL).

A200 will pay $1.07576468 per unit with 56.21% franking.

ASX NDQ tracks the NASDAQ-100 Index (NASDAQ: NDX) before fees.

This ETF provides exposure to global household names like Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Meta Platforms (NASDAQ: META), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA).

The ASX NDQ will pay 49.021982 cents per unit.

The ARMR ETF seeks to track the VettaFi Global Defence Leaders Index before fees.

ARMR provides exposure to up to 60 companies that derive more than 50% of their revenue from defence equipment or services.

The ETF's top holdings are Rheinmetall AG (ETR: RHM), Palantir Technologies (NASDAQ: PLTR), and BAE Systems PLC (FRA: BSP).

ARMR ETF will pay a maiden dividend of 53.546615 cents per unit.

What about other Betashares ASX ETFs?

Here is a summary of the dividends that people invested in this selection of Betashares ETFs will receive today.

Betashares Australian Quality ETF (ASX: AQLT) will pay 78.670012 cents per unit with 45.7% franking.

The Betashares Asia Technology Tigers ETF (ASX: ASIA) will pay 2.7997434 cents per unit.

Betashares S&P/ASX Australian Technology ETF (ASX: ATEC) will pay 62.133156 cents per unit with 9.65% franking.

Betashares Diversified All Growth ETF (ASX: DHHF) will pay 27.862004 cents per unit with 21.31% franking.

The Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ) will pay 28.781362 cents per unit.

Betashares Climate Change Innovation ETF (ASX: ERTH) will pay 4.524139 cents per unit.

The Betashares Global Sustainability Leaders ETF (ASX: ETHI) will pay 30.660703 cents per unit.

The Betashares Australian Sustainability Leaders ETF (ASX: FAIR) will pay 46.17632 cents per unit with 31.18% franking.

Here's a few more…

The Betashares Video Games and Esports ETF (ASX: GAME) will pay 14.695966 cents per unit.

The Betashares Geared Australian Equity Fund – Hedge Fund (ASX: GEAR) will pay 18.921508 cents per unit with 389.47% franking.

Betashares Geared U.S. Equity Fund – Currency Hedged (ASX: GGUS) will pay 87.057737 cents per unit.

The Betashares Global Cybersecurity ETF (ASX: HACK) will pay 43.465958 cents per unit.

The Betashares Australian Financials Sector ETF (ASX: QFN) will pay 21.176497 cents per unit with 57.69% franking.

Betashares Global Quality Leaders ETF (ASX: QLTY) will pay 67.851406 cents per unit.

The Betashares Australian Resources Sector ETF (ASX: QRE) will pay 10.181135 cents per unit with 82.43% franking.

Betashares Global Uranium ETF (ASX: URNM) will pay 19.732154 cents per unit.

The Betashares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX) will pay 13.102915 cents per unit with 40.39% franking.

The post Own ASX A200, NDQ, or ARMR ETFs? It's dividend payday for you! appeared first on The Motley Fool Australia.

Investors who own these Betashares ETFs below will receive their dividends on 16 July.

According to the schedule, the ex-dividend date is 1 July, and the record date is 2 July.

Dividend pay day for Betashares ETF investors

Here is a summary of the dividend amounts that people invested in this selection of Betashares ETFs will receive on 16 July.

The Betashares Australia 200 ETF (ASX: A200) will pay $1.07576468 per unit with 56.21% franking.

Betashares NASDAQ 100 ETF (ASX: NDQ) will pay 49.021982 cents per unit.

Betashares Australian Quality ETF (ASX: AQLT) will pay 78.670012 cents per unit with 45.7% franking.

The Betashares Global Defence ETF (ASX: ARMR) will pay 53.546615 cents per unit.

The Betashares Asia Technology Tigers ETF (ASX: ASIA) will pay 2.7997434 cents per unit.

Betashares S&P/ASX Australian Technology ETF (ASX: ATEC) will pay 62.133156 cents per unit with 9.65% franking.

Betashares Diversified All Growth ETF (ASX: DHHF) will pay 27.862004 cents per unit with 21.31% franking.

The Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ) will pay 28.781362 cents per unit.

Betashares Climate Change Innovation ETF (ASX: ERTH) will pay 4.524139 cents per unit.

The Betashares Global Sustainability Leaders ETF (ASX: ETHI) will pay 30.660703 cents per unit.

The Betashares Australian Sustainability Leaders ETF (ASX: FAIR) will pay 46.17632 cents per unit with 31.18% franking.

Nope, not done yet!

The Betashares Video Games and Esports ETF (ASX: GAME) will pay 14.695966 cents per unit.

The Betashares Geared Australian Equity Fund – Hedge Fund (ASX: GEAR) will pay 18.921508 cents per unit with 389.47% franking.

Betashares Geared U.S. Equity Fund – Currency Hedged (ASX: GGUS) will pay 87.057737 cents per unit.

The Betashares Global Cybersecurity ETF (ASX: HACK) will pay 43.465958 cents per unit.

The Betashares Australian Financials Sector ETF (ASX: QFN) will pay 21.176497 cents per unit with 57.69% franking.

Betashares Global Quality Leaders ETF (ASX: QLTY) will pay 67.851406 cents per unit.

The Betashares Australian Resources Sector ETF (ASX: QRE) will pay 10.181135 cents per unit with 82.43% franking.

Betashares Global Uranium ETF (ASX: URNM) will pay 19.732154 cents per unit.

The Betashares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX) will pay 13.102915 cents per unit with 40.39% franking.

Want to reinvest your ASX ETF dividends?

A distribution reinvestment plan (DRP) is available for all of these Betashares ETFs.

Betashares must receive your DRP election by 5pm AEST on 3 July.

The post Dividend alert: What Betashares ASX ETFs are paying and when appeared first on The Motley Fool Australia.

More Australians are turning to the stock market—particularly ASX shares and ETFs—as a way to build a passive income stream that works around the clock.

But how exactly do you turn the ASX into your personal income machine?

Growth first

Unless you are already sitting on a big cash balance, you are going to have to build up your investment portfolio first.

During this stage, it is arguably best to focus on ASX growth shares and blue chips that have the potential to compound over many years.

By investing what you can into these types of shares, you have a strong chance of building a portfolio of considerable size in the future. ASX shares like ResMed Inc (ASX: RMD) and Goodman Group (ASX: GMG) are examples of what to look for. They have strong business models, sustainable competitive advantages, and positive long term growth outlooks.

Reinvest dividends

In the early stages, it may be wise to reinvest all dividends. This allows the power of compounding to snowball your portfolio's value.

Over time, your holdings grow, and so does your passive income potential. When you're finally ready to tap into that income, you can simply switch off the reinvestment and start collecting the cash.

Focus on quality dividend payers

Once you are ready to focus on income, it is important to build a strong foundation.

This means targeting companies that not only pay dividends but have a track record of growing them over time.

Think of household names like Harvey Norman Holdings Ltd (ASX: HVN), Telstra Group Ltd (ASX: TLS), and Wesfarmers (ASX: WES). These blue-chip businesses typically offer stable earnings, which help support regular dividend payouts.

While their dividend yields can vary, these types of shares often yield 4% to 6% annually—sometimes more—providing a solid base of income.

Add high-yield ETFs for diversification

Exchange-traded funds (ETFs) are a great way to gain instant diversification while collecting dividends.

For example, the Vanguard Australian Shares High Yield ETF (ASX: VHY) targets companies with above-average dividend yields.

Another option is the Betashares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX)

This fund targets strong quarterly income through a covered call strategy over a portfolio of the 20 largest blue-chip stocks on the Australian share market. The strategy allows the fund manager to generate additional income by selling call options on its holdings. This approach can enhance yield, particularly in a stable or gradually rising market.

Foolish takeaway

With smart planning, the ASX can absolutely become a machine that works for you—producing passive income through market cycles.

Focus on quality, diversify with income-oriented ASX ETFs, and before long, you could find yourself living off the steady drip of dividends.

The post How to turn the ASX into a passive income machine appeared first on The Motley Fool Australia.

But that doesn't mean you have to settle for lower returns.

For those seeking regular income, a pair of high-yield ASX ETFs could offer a smart alternative.

Let's take a closer look at two standout options for investors looking to generate steady, quarterly income from their portfolio. They are as follows:

Nasdaq 100 Yield Maximiser Fund (ASX: QMAX)

If you're keen to tap into the growth of global tech giants but also want a reliable passive income stream, then Betashare's Nasdaq 100 Yield Maximiser Fund could be just what you're looking for.

This ASX ETF provides exposure to the top 100 companies on the Nasdaq index, including big names like Apple (NASDAQ: AAPL), NVIDIA (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), Tesla (NASDAQ: TSLA), and Microsoft (NASDAQ: MSFT).

These are some of the most innovative and dominant businesses in the world — the kind of companies that have transformed how we live, work, and shop.

But QMAX doesn't just hold these stocks. It also boosts income by using a covered call strategy, selling call options over its holdings to generate additional income. This means investors enjoy the benefits of market exposure while collecting regular income along the way.

As a result, this fund delivers a higher-than-average yield, with a trailing distribution yield of 6.9%, paid out quarterly. It was named as one to consider buying by the team at Betashares.

Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX)

For those who prefer to focus on home soil, Betashare's Australian Top 20 Equity Yield Maximiser Fund could be one to consider. It offers a compelling way to generate passive income from Australia's most established blue-chip companies.

This ASX ETF holds the top 20 ASX-listed companies across key sectors like financials, materials, and healthcare. That includes household names like BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia (ASX: CBA), CSL Ltd (ASX: CSL), and Wesfarmers Ltd (ASX: WES).

Like QMAX, this fund employs a covered call strategy, boosting the income generated from its holdings. This focus has helped YMAX deliver a trailing 12-month distribution yield of 7.7%, with dividends also paid quarterly.

For investors seeking strong, regular income from local blue chips, YMAX could be a valuable core holding as term deposit rates decline. It was also named as one for income investors to buy by the team at Betashares.

The post 2 top ASX ETFs to buy for passive income appeared first on The Motley Fool Australia.

After all, a 7.6% yield is well above what most ASX dividend shares currently offer – at least those that don't have a high risk of cutting their dividends. A 7.6% yield also comfortably exceeds the returns you can currently expect from alternative investments like term deposits and government bonds. Particularly given the Reserve Bank of Australia (RBA)'s interest rate cut this week.

That's exactly what the BetaShares Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX) seemingly offers investors today. YMAX units pay out dividend distributions every quarter. Over the past 12 months, the four investor payments that unitholders have enjoyed total 58.19 cents per unit. At the current (at the time of writing) unit price of $7.64, that gives YMAX units a trailing yield of 7.62%.

So, should passive income investors rush out and secure this hefty dividend yield without further question?

Well, as the name implies, this is a rather complex ETF. And it is arguably prudent for investors to understand how it works before adding it to their passive income portfolios.

YMAX ETF: Why does it yield so good?

To start with, this ASX ETF holds a portfolio that consists of 20 of the largest ASX blue-chip shares on our market. These include everything from BHP Group Ltd (ASX: BHP) and Commonwealth Bank of Australia (ASX: CBA) to CSL Ltd (ASX: CSL) and Wesfarmers Ltd (ASX: WES).

Normally, that would not be enough to get a fund to yield over 7%. But YMAX fills in the gap by employing derivatives, specifically those known as 'covered calls'. These are designed to generate income and additional returns if the broader market falls in value.

There are two things investors should keep in mind before they buy into the YMAX ETF.

Firstly, this strategy can boost a fund's passive income potential, but it can come at the expense of the overall returns investors enjoy. To illustrate, the YMAX ETF has returned an average of 10.74% per annum over the five years to 30 April. A simple index fund, say the BetaShares Australia 200 ETF (ASX: A200), would have returned 12.35% per annum (that's share price growth plus dividend income) over the same period.

Secondly, using derivatives is expensive. The YMAX ETF charges a management fee of 0.64% per annum, while the A200 ETF charges just 0.04% per annum. This can significantly eat into investors' returns.

Foolish takeaway for passive income investors

Buying the YMAX ETF might suit investors who invest solely for passive income if it is added to a diversified dividend portfolio. But for investors who want to enjoy the highest rate of returns they can get from their portfolios, there might be more appropriate investments to consider instead.

The post Boosting passive income: With a 7.6% yield, is the YMAX ETF a good option? appeared first on The Motley Fool Australia.

But which ASX ETFs could be worth a look? Let's check out three that could be top picks for income investors right now. They are as follows:

Betashares Australian Cash Plus Fund (ASX: MMKT)

The first ASX ETF to look at is the Betashares Australian Cash Plus Fund.

This ASX ETF provides income investors with exposure to a diversified mix of Australian bank deposits and other sophisticated money market securities that are typically only accessible to institutional investors.

This fund was recently named as a top pick for investors looking to enhance their returns on their cash allocation by Betashares.

It offers a trailing dividend yield of 4.3%, with dividends paid out monthly. This could make it an attractive option for investors who want consistent cash flow with minimal capital risk.

Betashares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX)

Another ASX ETF for income investors to look at is the Betashares Australian Top 20 Equity Yield Maximiser Fund.

This fund targets strong quarterly income through a covered call strategy over a portfolio of the 20 largest blue-chip stocks on the Australian share market.

The strategy allows the fund manager to generate additional income by selling call options on its holdings. This approach can enhance yield, particularly in a stable or gradually rising market.

This certainly is the case at present with the fund trading with a very attractive trailing 12-month dividend yield of 7.7%. It was also recently named as one to buy by Betashares.

Vanguard Australian Shares High Yield ETF (ASX: VHY)

Finally, the Vanguard Australian Shares High Yield ETF could be a great option for income investors.

This ASX ETF holds approximately 70 ASX shares that are expected to offer above-average dividend yields, based on broker research. Vanguard notes that "security diversification is achieved by restricting the proportion invested in any one industry to 40% of the total ETF and 10% for any one company. Australian Real Estate Investment Trusts (A-REITS) are excluded from the index."

Among its diverse holdings are some of Australia's biggest and most consistent dividend payers. This includes mining giant BHP Group Ltd (ASX: BHP), Australia's largest bank Commonwealth Bank of Australia (ASX: CBA), telco leader Telstra Group Ltd (ASX: TLS), and toll road operator Transurban Group (ASX: TCL).

At present, the fund offers a dividend yield of approximately 5%.

The post Buy these ASX ETFs for an income boost after the RBA's interest rate cuts appeared first on The Motley Fool Australia.

However it can be difficult to project upside as this blue-chip status can come with upside priced in. 

Rather choosing one or two, this ASX ETF gives you exposure to the top 20 ASX companies in one trade. 

It also is engineered to maximise passive income through a unique covered call strategy. 

BetaShares Australian Top 20 Equity Yield Maximiser Fund (ASX: YMAX)

This ETF is designed to get more income from Australia's top blue-chip ASX shares. 

It includes holdings like:

• Commonwealth Bank of Australia (ASX: CBA)
• BHP Group Ltd (ASX: BHP)
• CSL Ltd (ASX: CSL)
• National Australia Bank Ltd (ASX: NAB)
• ANZ Group Holdings Ltd (ASX: ANZ)
• Wesfarmers Ltd (ASX: WES)
• Westpac Banking Corp (ASX: WBC).

However, YMAX does not track an index. 

Instead, it aims to generate attractive quarterly income and reduce the volatility of portfolio returns.

It does this by implementing an equity strategy over a portfolio of the 20 largest blue-chip shares listed on the ASX.

What does this really mean?

Instead of just trying to match the market (like many ETFs do), YMAX ETF focuses on generating regular income — paid every three months — and aims to reduce ups and downs in your investment.

It uses a strategy called "covered call writing." 

This means it earns extra money by selling options (contracts) on the shares it already owns. 

This strategy can boost income, especially when the stock market isn't going up or down much.

So while the fund has been flat over the last year (down 2%), holders of this ETF have enjoyed a distribution yield of 8.0%.

So, in simple terms YMAX holds strong, well-known Aussie companies.

Plus, it uses a strategy to try to give you higher income with lower risk.

Why choose this ETF?

Many investors will have exposure to these top 20 blue-chip companies on the ASX through individual holdings or other ETFs that track indexes like the ASX200. 

This ETF is unique and may suit investors who are looking for higher yields, without taking significant risk. 

It is not focussed on beating or tracking a specific market, but rather in maximising passive income. 

It's important to consider diversification in terms of exposure to individual holdings, but also in your investment strategy, as this fund could provide passive income regardless of market performance.

The post How to own a portfolio of blue chip ASX stocks in a single trade appeared first on The Motley Fool Australia.