The Dividend ETF I'd Buy Today Instead of VYM

The Schwab U.S. Dividend Equity ETF (SCHD) is recommended as a superior alternative to the Vanguard High Dividend Yield ETF (VYM). SCHD offers a higher yield of 3.3% versus VYM's 2.2%, better long-term performance, and a more robust selection strategy that evaluates dividend growth, quality, and yield. While SCHD's energy sector overweight has driven recent outperformance, its comprehensive screening methodology makes it a stronger choice for dividend investors.