What is an ETF's distribution yield vs SEC yield?

Distribution yield is often calculated from historical payouts relative to price. It can be useful for understanding what an ETF has recently paid, but it can lag changes in the portfolio.

SEC yield is a standardized measure intended to reflect current income after expenses, and it's commonly used for bond funds to make comparisons more consistent.

When comparing income ETFs, it helps to look at both: distribution history for stability and SEC yield for current income potential. Always pair yield with duration and credit quality so you understand what risks you're taking for that yield.