The article discusses two notable dividend ETFs, MSTY and SPYI, highlighting their unique benefits for passive income investors. The MSTY ETF is celebrated for its impressive yield, which makes it a strong contender for those seeking income generation. However, the SPYI ETF emerges as a suitable option for investors looking for tax advantages. The piece emphasizes that the choice between these ETFs ultimately depends on individual investment goals, suggesting that owning both might be an effective strategy for diversifying passive income streams.
The MSTY ETF offers a jaw-dropping yield attractive to income investors, while SPYI ETF provides potential tax benefits, catering to different investor objectives.
Investors should assess both strategies - high yield from MSTY or tax advantages of SPYI - based on personal investment goals to determine the best ETF.
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