5 Low-Risk Dividend Funds — and 3 Aggressive High-Yield ETFs

High-Yield Aggressive Fund #1: WisdomTree DEFA Fund (NYSE:DWM)

Expense ratio: 0.48%
1-Year Return: -2%
Dividend Yield: 4.1%
Net Assets: $400 million
Top Holdings: China Mobile (NYSE:CHL), Vodafone (NASDAQ:VOD), HSBC Holdings (NYSE:HBC)

The DEFA in WisdomTree DEFA Fund (NYSE:DWM) stands for Dividend Index of Europe, Far East Asia and Australasia. This makes the Wisdom Tree ETF an emerging-market play — but one with a high yield above 4%. Just make sure you know you’re getting into a global investment here if you want to play ball. The expense ratio is reasonable; however, the share performance in the red over the last 12 months is a sign that you can take a beating, even if you’re getting bigger dividends with this fund.

For more info, visit this ETF’s page on the WisdomTree website.