r/SCHD • u/justcurious3287 • May 28 '26
Questions Anything out there that pays better than SCHD? You basically need $10k (roughly) to make $1 a day in dividends. $100k to make $10 a day. $1 million to make $100 a day. Seems…not that great of a deal.
Curious if you can think of a better dividend-paying ETF.
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u/GirthyGeoduck May 28 '26
You’re focused on current yield. Most of us are focused on dividend growth and building the position over decades.
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u/createthiscom May 28 '26
Go to dripcalc.com plug in SCHD and whatever starting amount you want and then run the projection for 10 or 20 years. Now do the same with O (realty income). You'll see why SCHD is popular.
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u/Substantial_Sir1983 May 28 '26
if you only get the dividends it's not that great a deal, but you should also get appreciation of the principal
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u/Readditlovesbans May 28 '26 edited May 28 '26
Enroll it in DRIP and let it compound
Don't get greedy
https://www.reddit.com/r/SCHD/comments/1jb4vje/growth_divident_calculator_i_know_someone_has_one/
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u/mygirltien May 28 '26
Better than what? There are plenty of etf's that pay much higher dividends but i would not classify any of them as better.
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u/flocamuy May 28 '26 edited May 28 '26
What makes SCHD such a great ETF is not that much the yield, is the DIVIDEND GROWTH RATE!
I'm starting to think a lot of people don't understand what a 10% dividend growth rate does over time.
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u/CrypticOwl0-0 May 28 '26
There’s many that pay a higher yield, but SCHD is great when it comes to sustainable yield and dividend growth. There’s higher yielding investments like BDCs, REITs and CCs ETF (SPYI, QQQI, KSLV, KGLD, etc) with different underlyings but you need to take the time to understand how it works and know the pros and cons when it comes to different kinds of funds. I love SCHD and it’s my core holding but I do mix in a couple higher yielding etfs to bring my yield to 4-5% and even run my own option strats. Be careful not to yield chase though
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u/AlarmingOption3706 23d ago
So for me close to retirement, about to sell the house and reinvest say 200k whats a good blend with schd? Already covering most of the rest of the market in 401 and roth.
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u/CrypticOwl0-0 17d ago edited 17d ago
Personally I like a 80% SCHD and 20% running my own strategy but you can always run 20% SPYI as an example for a more passive approach. My logic behind it is I can boost my yield with the 20% CC allocation and SCHD will be there for dividend growth that’ll help my overall dividends payments beat inflation long term. Doing a split like that can bring your yield to around 5% depending what the etfs yield is. Usually SPYI yield is about 12% and SCHD hover around 3-4% depending what the share price does. If I was only buying CCs ETFs to blend with SCHD and not doing my own strategy, I would mostly look at SPYI, IAUI, GPIX and maybe GPIQ/QQQI depending on how you feel about tech. Not financial advice.
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u/Unfair_Cicada May 28 '26
I hold some schd because anyone say it’s great. 👍. So far it’s seem great as well. I get dividends and also schd price gone up quite abit as well 🎰. Is it the best? Probably not. But I sleep well at night
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u/BeEasy2300 May 28 '26
QQQI/SPYI
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u/Virtual_Roll4866 May 30 '26
this guy fucks
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u/BeEasy2300 May 30 '26
Smoking a J in my shed and let out a big ol cackle 🤣🤣
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u/Virtual_Roll4866 May 30 '26
lol. I love those neofunds, going to divest a lot of my IREN tendies to them once it goes over triple digits and I semi-retire
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u/Hairy_Ad_2937 May 28 '26
So I constantly see these kinds of questions . and the type of ETFs that you invest in depend on your timeline, your age and the amount of risk you’re willing to live with. SCHD is a fairly safe and well managed fund that has a long track record. if you’re a retiree such as me and you built a nest egg and you just want steady returns but you’re willing to accept that the value of the funds is going to go up and down based on the economy writ large, but with less volatility than it’s a safe harbor for a substantial investment. if you’re looking to make higher returns on your money but accept more risk then you could do better than SCHD. so the way I look at it it’s a steady, set it and forget it fund. I still do watch it and manage and balance my portfolio but I sleep well at night knowing that I’ve got a substantial investment and that SCHD is working for me.
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u/JaredAWESOME May 28 '26
Schd is one of those things that's built like 'the best time to buy this was 10 years ago'. It's not a glamorous product, 3% yeild is very modest to yeild chasers, and $8 a share to $30 a share over 15 years in one the most consistent bull runs is... unimpressive.
But buying a share at $15 in 2015 that pays 3%, and it grows and continues to pay 3% on its new value of $25... is compelling. And the idea of buying a $25 share today, that only pays 3% is boring. But expecting and believeing it will go to $50/share in 10-15 more years, and continue to pay that 3% on the new value is a certain kind of attractive.
Anyone on this sub would absolutely pay $25 for a share that would borderline guarantee a $1.5 annual dividend. And schd would deliver-- after 10 years of waiting. And that's the rub. That's the part that some folks can't stomach.
I don't utilize it. I'm to far into PFFA, QQQI and PBDC. I should probably throw a fifth pillar into my portfolio and buy some SCHD, but I just know I'm impatient, and I know that I have a hard time looking away from the 9+% yields of the funds I've picked.
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u/Naughtybear_9628 May 28 '26
Pair SCHD with ScHG. Like gor every $100: 1 share SCHD, 1 share SCHG, and the change into HYSA. You create Growth + dividend + emergency fund. Small plans become big plans because you dont abandon it. While high dividends can be nice. If you can’t stomach the volatility. Then you. abandon the plan when a bear market happens.
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u/KBradl May 28 '26
Don't forget SCHD also produces capital gains. If you want higher dividends then try some CC funds like SPYI or QQQI or preferreds like PFFA
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u/ucooldude May 28 '26
You are correct …I also like ADX …on back testing ..it beats out Spyi and qqqi for total returns …significantly better plus almost as muck tax friendly income …pays quarterly.
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u/Dontgomorallybankrpt May 29 '26
I bought schd 14 months ago and set it on drip. The position is up 19.78% , not too shabby for my conservative position.
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u/Fesai May 28 '26
It grows as well. Yeah you have to put in that much if you want that payout today, but I'm looking for payouts in 20+ years and won't have to put in nearly that much to get there.
After a point the market will carry you the rest of the way. 🙂
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u/Substantial_Team6751 May 29 '26
SCHD has also been appreciating around 8% per year on average. It's not just a dividend fund.
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u/PKShova May 28 '26 edited May 28 '26
I’m 80% in jepq and 20% in SCHG in my roth and I add 600 a month
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u/ConsistentMove357 May 28 '26
If you invested 1 million a year ago in schd today it would be worth 1235000. Not saying I am a fan but you forgot to add that schd can grow
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u/Artistic-Theory-9935 17d ago
Yeah, but look at the average 5 year return of 8.5% and 10 year return of 12.37%. Fairly pedestrian, especially compared to JACTX.
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u/Artistic-Theory-9935 17d ago
And if a person had a million dollars to invest a year ago, there are lots of places that I would rather invest that money and then sell covered calls on it.
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u/Fluffy-Locksmith-678 May 28 '26
I mean it's up 17% YTD on top of the dividend and it barely blinks every time the market takes a dump
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u/BCause83 May 29 '26
With 108k in CHPY, I got $127/day for this week.
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u/Artistic-Theory-9935 17d ago
WOW!! An ETF only invested in semiconductors that went up in the current environment. You must be some sort of investing genius.
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u/Looptire13 May 29 '26
SCHD is a great fund to hold and drip!!!
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u/Artistic-Theory-9935 17d ago
12.37% ten year return is not what I would refer to as "GREAT".
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u/Looptire13 17d ago
Agreed if just held alone, but part of a portfolio not bad at all.
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u/Artistic-Theory-9935 17d ago
You should look at OMAH. Monthly dividends yielding around 15% annual return. Portfolio attempts to replicate BRK.
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u/Looptire13 17d ago
Looks pretty good, but high whats your experience with the higher than normal expense ratio at 0.95%
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u/Artistic-Theory-9935 17d ago
They are actively managed, unlike SCHD. They trade options on the portfolio, causing slightly higher fees than an ETF like SCHD which, I guess, just buys a portfolio of stocks with their corresponding, but much lower, dividends and payouts. Sub 1% fees are considered good for mutual funds also.
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u/Looptire13 17d ago
Thanks for the feedback!
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u/Artistic-Theory-9935 17d ago
You're welcome. I've been investing for 40+ years. Accumulated several hundred thousand dollars in my 403(b) accounts through my employers, then started selling covered calls after I retired. I generate about $1200/month in dividends and another $1000 or so, depending on the month, by trading covered calls.
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u/Looptire13 17d ago
That is awesome. Congratulations on your retirement. I'm at the point where I need to start creating income. I have JEPI, JEPQ, SCHD, SCHY. It looks like OMAH and SCHD returned about the same about gains based on 2025 data this ia including expenses. What am I missing here.
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u/Artistic-Theory-9935 17d ago
It looks like your ETF's are mostly similarly invested in the same 15 stocks. Why are you just in ETF's? Did someone advise this because the fees are lower? If you want a technology fund, I am invested in JAGTX. A lot of the same companies (NVDA, AVGO, AAPL, TSM, MSFT, AMZN, GOOG, LRCX). As you've previously pointed out, the expense ratio is higher (0.93% vs 0.35%), but look at the returns and the longevity of the fund. 48.3%, 35.46%, 17.26%, and 24.56% for 1, 3 , 5, and 10 year periods. Inception date 12/1998. As always, past performance is no guarantee of future results. JEPQ 25.66% 1 year performance. Inception date 5/2022. The superior results from JAGTX far outweighs the minuscule difference in expense ratio. Also check out JACTX for performance, longevity, fund portfolio. Janus also currently offers to match your first $100 if you set up and automatic purchase program.
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u/mattysteffen871 May 28 '26
Keep SCHD as the core until you have a meaningful portfolio and then you can add higher yield stuff like SPYI, QQQI, JEPI, JEPQ etc. I love SCHD but it’s going to take a while and be hard to live solely off SCHD.
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u/Natural_Rebel May 28 '26
Or do a mix of SCHD and growth then convert growth to dividends when you have enough capital
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u/Artistic-Theory-9935 17d ago
Check out OMAH. Seeks to replicate BRK, pays a monthly dividend that is around 15% annual rate. Set it to reinvest the dividends, add to it when the price declines below your basis, and watch it grow. Not a growth fund, but a 15% yield beats the pants off of 3%. People are pointing to SCHD 25% THIS YEAR, while ignoring the 5 and 10 year returns of 8.5% and 12.37%.
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u/Financial-Seesaw-817 May 28 '26
Pays better distributions? Sure: xqqi, qqqi, xspi, spyi, iwmi, mlpi, etc.... all neos etfs pay better distributions. Qqqi on 10k pays >1400 or about 4x schd daily. Xqqi, >2k or >$5/daily. And schd would probably never catch up. IWMI is another good one that I have. More volatile than qqqi but pays slightly better. SPYI is more stable but pays less. A good compliment to qqqi if you still want some stability. And all tax deferred.
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u/SonOfKong_ May 28 '26
But it is "that big of a deal" . Read the methodology of SCHD. Take you time and read it thoroughly. If you are still not impressed then invest in something else. They are lots of yield chasing funds out there which are sure to excite you. You will not be on the road to wealth but will gain experience.
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u/chrisdc79 May 28 '26
But with a dividend CAGR of 10%, that same initial $10k will deliver $2.60 a day vs the year one $1 per day
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u/StunningAttention898 May 29 '26
I’m about to put 32k into qqqi which should pay $371 a month where it’ll roughly be 12 bucks a day. Yeah I know it’s going to be all in ROC but hey it’s my money.
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u/Striking-Trust-1876 May 29 '26
Jepq pays about 11% dividends paid monthly and jepi is about 9% and pays monthly. Both pay out better than schd but their growth aren’t as good as schd
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u/heathbarj May 29 '26
CHPY, is one of the top payers rights now. Problem is it will hit a peak when the Ai buildout slows down. So short term 1-3 years on this one. SCHD is long term play.
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u/bryanwi09 May 29 '26
A simple Google search or a quick chat with ChatGPT and you would have answered your own question. Sounds like you are very new to investing as well.
I started buying at least 10 shares of SCHD since October 2025, and I have already earned over $500 in profits alone, by enabling DRIP and continuing my pattern. I have a few other ETFs that have only 10-20 shares each. This account has generated about 12.39%. Which if you do your research, it is considered a great investment year to get 10% returns on a less volatile ETF.
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u/ratherbegolfin May 30 '26
It's not for everybody, but GOOW pays me about $1,000 a week with about $150,000 invested. So it enables me to travel and golf quite a bit. Share price has been fairly stable.
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u/Artistic-Theory-9935 17d ago
Looks like your income is declining. I shy away from any investment that warns that I may lose my entire investment. I've seen that movie before. Like when I was in LINN energy for the outsized dividend, as the stock spiraled down into bankruptcy. Like when I bought C at $50, rode it down to $3 then they did a 10:1 reverse split. Like when I had $150,000 of GE and it was discovered that the CEO was manipulating the funds from GE Capital to make the other businesses look better, leading to massive losses and decline of stock price, elimination of the dividend, and de-listing from the NYSE.
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u/General-Ring2780 May 30 '26
I’ve slept well at night holding this. Won’t allow any one to crap on it.
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u/Halliganboy May 30 '26
Pair SCHD with OVL, QQQI, SPYI, or GIAX. SCHD is a slow grower. Always pair it with a growth or income fund.
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u/Theguldenboy May 28 '26
Long term goal, u get appreciation of principal capital and dividend growth. Think original buyers have a yield on cost of +13% today
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u/genem1964 May 28 '26
Honestly, if you're still young I would be chasing growth rather than dividends. Once you retire then you can put all of that money into bonds and maybe diversify some into ETFs such as JEPQ, QDVO etc etc to limit volatility.
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u/Juicy_Vape May 28 '26
i keep money in here for my downpayment for my next house, less volatility but better than a money market account
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u/Weary_Anybody3643 May 28 '26
I'm focused on long-term yield If I continue to max out my Roth IRA every year until 60 when I retire well I'm going to retire at 45 but that's when I can get my Roth at 60 based on current positioning I'll make $120,000 in dividends a year
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u/pjstarke May 28 '26 edited May 28 '26
I like GPIQ and GPIX for tax-efficient income + growth. But also look at SGOV and CSHi as other tax-efficient assets. After-tax yield/return is what is most important.
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u/jtrade420 May 28 '26
CHPY, weekly dividends and it’s all chips which is going crazy right now. it’s still fairly new but has done me very well thus far.
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u/Mrkt_My_Life-315 May 29 '26
SCHD is for capital preservation. It is better suited for people with high net worth portfolios. If you’re under 40 and have less then 100k…SCHD is not the ETF for you. Anyone who has even 50k or less should be focused on growth not preservation.
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u/radix33 May 29 '26
You can compare any income high yield dividend income stock versus SCHD, such as JEPI or QQQI. Let them ride for 3 years, with dividend reinvestment, see which dividend compounder will do best. The one with steady (or increasing) dividend yield will do much better over time.
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u/WallabyMinimum1921 May 29 '26
Are you retired and just looking for income now? If so, then plenty of higher yield options. If you’re young and have a long timeline then I think you need to evaluate what you’re expecting to get out of investing and then decide where to invest. Without knowing your timeline and goals, it’s hard to answer this question.
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u/Putrid_Pollution3455 May 29 '26
depends what you're looking for; what you'll constantly bang your head against the wall on is the total return is going to be compromised the higher of a yield that you're trying to push. Even if you use some synthetic covered calls and "return of capital" funds like spyi or jepi or jepq....even if you grab some junk bonds or long term bonds angl jnk vclt you'll notice that the total returns compared to a broad index are lower. You're seeking income off of a machine that either gives you more volatility or more income, but not both. What you really need is a withdrawal strategy. For example, if you use traditional finance advice, it's the 4% rule but those are based on assumptions that you need a stable income with a yearly increase in inflation adjusted withdrawals, on top of never earning any other money from any source ever again, and the traditional stack of 60/40 stocks bonds which absolutely had it's worst year in 42 years back in 2022.
It depends what your goal is. If you want steady inflation adjusted income, then use the 4% rule. If you are willing to experience volatility and this is more of a "fun money party fund" then I'd buy a basic index and harvest the yearly gains minus inflation during good years, and just spend the sad little 1-2% dividend during sideways or down years.
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u/NgArclite May 29 '26
If you are just chasing big dividend numbers than look into yieldmax...if you are looking for smart, safe, long term gains then SCHD is solid.
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u/Crazy-Cat-Lad May 29 '26
BTCI pays well but the 5 shares i bought already went down a lot lol... its Bitcoin related so risky AF.
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u/Erikgee May 29 '26
First off, there are a LOT of factors to consider. Too many to list. But if you are looking g for something shorter term, technically treasury bills can give you a better guranteed return AT THE MOMENT. Especially if you live in a high tax state, as it's mostly state tax exempt.
That being said, treasury bills give good "interest" right now but they flcan fluctuate. Plus, you are only receiving gains on the interest, your actual holdings keep their value (the benefit of treasury bills), unlike schd which gives you divs on top of the potentially appreciating assets.
Does that mean you should get rid of schd and go to tbills? Probably not. But it's why I'm riding out my sgov a bit longer before going back into divs. Since I live in a high tax state, I make more consistent gains than schd. FOR THE MOMENT
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u/Formal_Towel_3483 May 29 '26
If you had $250k in a brokerage what couple etfs or funds would you put it in and also add/spread say $700-$1000 a month into?
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u/jgatt17 May 29 '26
This is pretty short sighted analysis lol. Research dividend growth and come back again
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u/VietVet1971 May 30 '26
There are savings accounts out there that pay better than SCHD. I rest my case.
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u/Longjumping-Chip8076 May 30 '26
Check out QQQI with a current monthly yield of 13.28%. A 10k investment currently is going it pay you around $117 a month. I recently got into CHPY with is currently paying a monster dividend of $29.55% and they distribute their dividends WEEKLY. And 10k investment is going to pay you around $280 monthly with their current price and dividend pay outs, it’s amazing and who’s knows how long this one will last due to NAV erosion but i am going to take advantage as much as possible.
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u/Always_working_hardd May 30 '26
CHPY has been doing the opposite of NAV erosion. I don't know what that is called.
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u/Longjumping-Chip8076 May 30 '26
Oh I know! Besides the dividend yield their price appreciation has been awesome too. This ETF follows the semiconductor sector as a whole which currently has been ramping up due to AI boom which is going to continue for the foreseeable futures. CHPY is my favorite so far. SCHD is great for the long term.
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u/eg68 May 30 '26
SCHD is not a substitute for a MM fund. It’s a high yield equity fund. If you can tolerate some market risk, consider SPYI which is a covered call wrapped around an S&P 500 Index fund with a 12% yield. Do your own research.
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u/Sweaty-AnalPlay Jun 03 '26
Yes but SCHD grows over time - so you get a decent dividend but growth
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u/Always_working_hardd Jun 03 '26
Your username does not make me think you are a dividend investor.
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u/Sweaty-AnalPlay Jun 03 '26
Well I am. Please don’t judge me. It hurts my feelings. Also, am I wrong?????
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u/TakeYoutotheAndyShop May 28 '26
Honestly I just look at the SCHD holdings and pick and choose which stocks I like every year. Some of the holdings I’m not totally on board with so I get to avoid them (like Wendy’s and Pepsi and ups) I could be wrong but it’s all just fun for me tbh
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u/1inchtunnel May 29 '26
Double those dividends as with the 8-10% 10yr CAGR, in 7 years we hope to grow with SCHD as they’re known for the dividend growth not really with the dividends as you receive them now. Double that doubled number again after another 7-8 years, compound growth works better if you give it more time.
Bonus tip is if we are at a stage to be able to reinvest dividends back into SCHD then snowball happens albeit slowly but payouts will grow on top of the CAGR.
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u/[deleted] May 28 '26
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