Five ETFs With Stealth Yields

Giving praise where it is due, Jim Cramer deserves a tip of the cap for highlighting the decent 3.66% yield offered by the iShares MSCI Brazil Index Fund EWZ. When it comes to finding yield, the world of ETFs offers plenty of options, but a lot of investors may not associate an ETF like EWZ as a way of garnering yield. After all, Brazil is one of the most tantalizing growth stories out there, but getting paid to enjoy that growth doesn't hurt either. Are there are more ETFs beyond the usual suspects offering "stealth" yields to investors? You bet. Here's a list of five candidates, including several from the emerging markets universe. 1) WisdomTree Middle East Dividend ETF GULF: If you're looking to tap into Kuwait, Qatar and the UAE, then GULF is worth a look. While the sector diversification leaves a little something to be desired with telecom and financials accounting for almost 81% of GULF's weight, the yield of 3.17% is admirable. 2) Guggenheim S&P Global Dividend Opportunities Index ETF LVL: Sector mix isn't the problem with LVL as financials, telecom, energy and utilities all get double-digit weights, but country allocation is the issue. The U.S. and Canada combine for over 52% of the ETF's weight, but the real cause for concern is Italy and Spain combining for almost 22%. Still, a 4.81% yield is nice. 3) First Trust DJ STOXX Euro Select Dividend Index Fund FDD: Financials account for almost 43% of FDD, but you can find some familiar ADRs among the lineup, such as AstraZeneca AZN. A yield of 5.94% almost makes this Europe-heavy ETF tolerable at a time when European equities are a roll of the dice. 4) iShares MSCI Poland Investable Market Index Fund EPOL: Speaking of Europe, Poland is one of the few individual European markets putting smiles on investors' faces this year. EPOL is challenging the older Market Vectors Poland ETF PLND for the crown of best Poland-specific ETF. EPOL might be winning with superior average daily volume and a juicy 6.25% yield. 5) WisdomTree International Real Estate ETF DRW: Give it up for DRW, which allocates more than 44% of its weight to Hong Kong and Australia. Talk about getting paid, DRW features a yield of 8.76%.