I Own SCHD, and I Still Believe in It. Here's Why I Also Bought This 10.5%-Yielding ETF Almost Nobody Knows About.
This ETF offers even more income potential while also outperforming the S&P 500.
Overview
I hold a growing position in the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). I still believe in this top dividend ETF and plan to continue building my position.
However, I recently came across a little-known ETF that has delivered a trailing 12-month yield of 10.5%, more than triple SCHD's level. The fund has also delivered a 17.2% average annual total return since its inception in 2019, outperforming the S&P 500 (16.2%) and SCHD (13.8%).
Details
Here's why I still plan to continue investing in the Schwab U.S. Dividend Equity ETF while also layering in this new position.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.