Passive often isn't viewed as a positive quality. When used to describe an individual, it implies the person sits back and lets things happen to them -- frequently bad things.

But passive income is a different story altogether. An investor with great sources of passive income sits back and lets good things happen, namely allowing money to flow in regularly.

What are some great sources of passive income? I think exchange-traded funds (ETFs) are a smart place to look. Here are three high-yield dividend ETFs to buy to generate passive income (listed alphabetically).

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Source Fool.com