High yield pay weekly pay ETF

Screening Filters & Rationale

1. Dividend Payment Frequency (Weekly):

   • Purpose: To identify ETFs that distribute dividends on a weekly basis.
   • Rationale: Weekly payouts align with the user's preference for frequent income streams.

2. Annual Dividend Yield (Minimum 5%):

   • Purpose: To ensure the ETF provides a high yield for substantial income generation.
   • Rationale: A minimum 5% yield supports the user's goal of maximizing returns from dividend payments.

3. Weekly Average Turnover (Minimum $1,000,000):

   • Purpose: To select ETFs with sufficient liquidity for ease of trading.
   • Rationale: High turnover minimizes the risk of illiquidity and ensures efficient price execution.

4. Expense Ratio (Maximum 0.5%):

   • Purpose: To limit costs associated with ETF management.
   • Rationale: A low expense ratio ensures that more of the yield contributes to net returns, aligning with cost-conscious investment strategies.