Two income-focused funds surpass $1B in assets

|By:, SA News Editor

The quest for yield has brought two income-focused ETFs into the big leagues, with both the AdvisorShares Peritus High Yield ETF (HYLD) and the Global X SuperDividend ETF (SDIV) surpassing $1B in AUM.

Launched in late 2010, HYLD has returned 5.9% YTD, while SDIV - launched three years ago this month - has returned 13%.

The S&P 500 has returned nearly 7%.