Many ETFs do not pay dividends to shareholders so for these a comparison of value has to be made between dividend yields on a stock or mutual fund portfolio and the value of diversification through the ETF’s basket of securities. Today however you can have the best of both worlds. You can get very high dividend yield with ETF or ETN products. For example Direxion’s Daily 20 Year Plus Treasury Bear (TMV) is a 3x bear tracking fund. It is a multiple-security fixed income index tracking returns on 20-year and greater maturities in the US Treasury bond market. As ...