Alternatives to BIL that collect dividends?

Given your interest in dividend-focused ETFs and your current holding in BIL, I’ve identified alternatives that may align better with your income-focused strategy. Here are the key considerations:

1. **Higher Dividend Yield Options**:
- **Invesco KBW Premium Yield Equity REIT ETF (KBWY)**: With a **9.81% dividend yield**, this REIT ETF stands out for its high income, offering potentially attractive returns for dividend-dependent investors.
- **Global X SuperDividend ETF (SDIV)**: Boasting a **10.0% dividend yield**, this ETF is a standout for income-focused portfolios, offering exposure to companies with a history of consistently paying dividends.
2. **Dividend Yield Considerations**:
- **SPDR Portfolio S&P 500 High Dividend ETF (SPYD)**: With a **4.40% dividend yield**, this ETF offers a slightly lower yield than BIL but provides broader market exposure with a focus on high-dividend-paying S&P 500 companies.
- **Vanguard High Dividend Yield ETF**: This ETF aims to balance **higher yield** with risk management, making it a solid choice for those seeking stable dividend income with less volatility.
3. **Investment Strategy Alignments**:
- **Schwab US Dividend Equity ETF (SCHD)**: This ETF focuses on **dividend growth** and has a **3.75% yield**, suitable for those who value stable and increasing income streams over time.
- **iShares 20+ Year Treasury Bond ETF (TLT)**: For those interested in **government bond exposure** with a **4.4% yield**, this ETF can provide a stable income stream with relatively lower risk compared to equity-based options.
4. **Risk Tolerance and Portfolio Fit**:
- **Nuveen ESG Dividend ETF (NUDV)**: With a **5.50% yield**, this ETF integrates **ESG considerations** into its dividend-focused strategy, appealing to investors prioritizing sustainability alongside income.
- **JEPI (JPMorgan Equity Premium Income ETF)**: As the **world’s largest actively managed ETF**, JEPI offers a **8.4% yield**, making it a strong candidate for those seeking high dividends with active management.

In conclusion, these ETFs offer higher yields or more targeted investment strategies than BIL, potentially better fitting your income-focused investment goals. Each option carries its own risk profile, so it’s important to review their holdings, expense ratios, and performance to ensure alignment with your overall investment strategy and risk tolerance.