SCHD Is Magnificent, but This Dividend ETF Could Be an Even Better Dividend Play

While the Schwab U.S. Dividend Equity ETF (SCHD) remains a popular dividend ETF with a 3.3% yield and low 0.06% expense ratio, the First Trust Rising Dividend Achievers ETF (RDVY) has significantly outperformed it over the past decade, delivering 15.96% annual returns versus SCHD's 12.5%. However, RDVY comes with higher volatility (20% greater) and a lower dividend yield of 0.8%, making it more growth-oriented and economically sensitive due to overweights in financials and technology.