2 ETFs Offering Juicy Dividend Yields of 20% or Higher

For some investors, traditional profit shares do not scratch income itching. This has created a new interest in some of the boxes circulating on the stock exchange.

These boxes feature high returns, driven by covered summons strategies targeting indexes or even individual shares.

Below are two of these boxes worth a closer look now.

ETF (TLE) has been traded for the TSLA option strategy of TSLA revenue since November 2022.

TLY decreased by 43 % on a general basis and decreased by 54 % over 52 weeks.

The fund holds the expenses of 0.99 %, or 99 dollars on an initial investment of $ 10,000, and oversees the assets of about $ 1.09 billion.

TLY strategy was built on synthetic covered calls. Instead of holding Tesla (TSLA) shares directly, the fund creates long artificial exposure by purchasing call options and selling sales options, in general with conditions from six months to a year and the strike prices near the price of the Tesla market.

To generate income, TLY sells short-term call options-usually ends within a month-hunger price of 0 % to 15 % higher than the current Tesla price. This approach allows to participate in Tesla price movements, but climbing to nearly 15 % of the monthly gains, while leaving the box completely exposed to negative risks if the Tesla shares decrease.

The wallet was organized to support this options strategy, with allocations including bonds, cash, stocks and short stocks. Supreme property features a mixture of Tesla options contracts and US Treasury notes with varying benefits, making the TLY composition completely different from traditional traditional investment boxes.

Roundhill S&P 500 is part of the Roundhill Investments and began trading on October 31, 2024. The distinctive XPay feature is its monthly distribution, with another paid payment of $ 0.953 per share on June 11, 2025, paying a fee to the front of $ 11.43. This translates the return forward a little more than 21 %.

As of July 2, 2025, XPay recorded a 4 % general decrease. Total management assets are about $ 5.1 million.

XPay is actively managed and tracked the performance of the S&P 500 ($ SPX), but it does it with a unique development. Instead of keeping the index directly, the fund invests at least 80 % of its net assets in the deep flexible options in SPDR S & P 500 ETF TRUST (SPY), providing the artificial exposure to S&P 500 revenues. This XPay approach allows the sharing of the stock market while managing the cash flow to support the ambitious monthly distribution goal.