SCHD, or Schwab US Dividend Equity ETF, is a popular choice for investors seeking both income and diversification in their portfolios. Here are three dividend ETFs that are worth considering for those looking to add some income and diversification to their investment strategy.
1. Vanguard Dividend Appreciation ETF (VIG): This ETF focuses on companies that have a history of increasing their dividends over time. By investing in companies with a strong track record of dividend growth, investors can benefit from a steady stream of income while also potentially seeing their investments grow over time.
2. iShares Select Dividend ETF (DVY): This ETF tracks the performance of a selection of high dividend-yielding stocks. By investing in companies that pay out high dividends, investors can enjoy a higher level of income from their investments. This ETF is a good option for those looking to boost their portfolio’s income potential.
3. SPDR S&P Dividend ETF (SDY): This ETF focuses on companies that have a consistent history of paying out dividends. By investing in companies that have a strong track record of dividend payments, investors can enjoy a reliable stream of income that can help to offset market volatility.
Overall, these three dividend ETFs offer investors a good combination of income and diversification. By including these ETFs in your investment strategy, you can benefit from a steady stream of income while also spreading your risk across a variety of companies.