"The Schwab U.S. Dividend Equity ETF (SCHD) invests in quality companies in the Dow Jones U.S. Dividend 100 Index. Fund managers screen these companies for strong financials and sustainability of dividends. This could provide your portfolio with a certain degree of stability and safety. Its top holdings include companies like Cisco ( NASDAQ:CSCO), PepsiCo ( NASDAQ:PEP) and Home Depot. SCHD also stands out for its ultra low fees or expense ratio of 0.06%."
"You can combine the stability of SCHD with the high payments of the Vanguard High Dividend Yield ETF (VYM). This fund shines for diversification and performance. It invests in more than 500 companies that are paying above average dividend yields. Run by Vanguard, which is known for its low fees, VYM also carries a low expense ratio of 0.06%. The VYM has net assets of more than $81 billion."
Reliable retirement income often requires more than Social Security and a 401(k) in the face of inflation and uncertainty. Dividend ETFs offer professionally managed, diversified exposure to dividend-paying stocks and provide a steady income stream. The Schwab U.S. Dividend Equity ETF (SCHD) targets quality firms in the Dow Jones U.S. Dividend 100 Index, emphasizes financial strength and dividend sustainability, and holds names like Cisco, PepsiCo and Home Depot while charging a 0.06% expense ratio and yielding 3.85%. The Vanguard High Dividend Yield ETF (VYM) invests in over 500 higher-yielding companies across financials, consumer discretionary and basic materials and has over $81 billion in net assets and a 0.06% expense ratio.
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