Exchange-traded funds (ETFs) could be an income investor's best friend. They provide much-needed diversification. And some of them generate solid and reliable income.

While there are plenty of alternatives from which to choose, I think a handful of ETFs especially stand out. Here are three high-yield dividend ETFs to buy to generate passive income (listed by descending yield).

Two things immediately jump out with the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI). First is the fund's juicy 30-day SEC yield of 7.52%. Second is that the ETF pays a monthly distribution -- something income investors should especially like.

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Source Fool.com