Boost your passive income from a diversified portfolio of stocks using ETFs.

Dividend stocks and exchange-traded funds (ETFs) don't look all that appealing when the S&P 500 is making a new all-time high seemingly every week. However, folks who want to implement a passive income strategy to achieve a long-term financial goal may find high-yield ETFs an excellent choice for investing in the market without having the total return solely depend on stock prices going up.

After accounting for immediate and near-term expenses if you're wondering how to invest your savings, then investing $7,000 into each of the following ETFs could help you generate over $2,000 in passive dividend income per year. Here's what makes each fund stand out as a top buy now.

Vanguard High Dividend Yield ETF

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