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5 High-Yield ETFs You Might Not Have Heard Of


Looking beyond junk bonds for returns.

Global X Junior Miners ETF (NYSEARCA:JUNR)

Introduced as recently as September 2012, JUNR, as its name suggests, offers broad exposure to small-cap mining companies all over the world. "The mining industry relies on junior mining companies to provide additional supply of key commodities – as large miners exhaust existing resources, junior miners are often poised to explore, develop and monetize new mines to bring additional supply to the market," says fund provider Global X.

The ETF tracks the Solactive Global Junior Miners Index, which measures the performance of small miners of an array of commodities, including coal, copper, gold, iron, nickel, silver and titanium. It has a very diversified portfolio, with 93 components and only a 3.06% weight to its largest holding.

JUNR has a 12-month yield of 14.14%. It has an expense ratio of 0.69% and a net asset value of $3.13 million. Its current market cap is $3.18 million.

Year-to-date, JUNR is down 17.91%.

Multi-Asset Diversified Income Index Fund (NASDAQ:MDIV)

That MDIV lands on the list should not be much of a surprise, given that the ETF was designed specifically to target income-seeking investors. The fund seeks investment results that correspond to the NASDAQ Multi-Asset Diversified Income Index, which is composed of all the major yield-producing asset classes, such as dividend-paying stocks (25%), MLPs (20%), REITs (20%), preferred stocks (20%) and high-yield corporate bonds (15%).

MDIV's top holding is its sole ETF, the iShares iBoxx $ High Yield Corporate Bond ETF, which accounts for 14.77% for the fund's allocation.

The ETF has a 12-month yield of 10.33%. It has an expense ratio of 0.60% and a net asset value of $182.27 million. Its current market cap is $182.60 million.

Year-to-date, MDIV is up 6.01%.

iShares MSCI Asia ex Japan Small-Cap ETF (NYSEARCA:AXJS)

While the rest of Asia has experienced tremendous growth in the past few decades, Japan's economy remains stuck in neutral years after its lost decade. For investors looking to profit from the Asian growth story, then, AXJS represents a conduit where economic laggard Japan can be excluded.

This ETF exposes investors to a whopping 705 small-cap dividend-paying equities from both developed and emerging Asian markets, though Taiwan, South Korea, Hong Kong and China make up close to two-thirds of the fund's weight.

AXJS has an annual yield of 9.03%. It has an expense ratio of 0.75% and a net asset value of $5.63 million. Its current market cap is $5.81 million.

Year-to-date, AXJS is up 1.96%.

Twitter: @sterlingwong
No positions in stocks mentioned.
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