As a long-term investor, it makes sense to invest in low-cost and tax-efficient exchange-traded funds which are passively managed.
Let’s look at the key aspects of DGRO and SCHD and compare the similarities and differences between their profile, market capitalization, composition, and performance.
DGRO is an iShares Core Dividend Growth ETF, which the Blackrock group manages, while SCHD is a Schwab US Dividend Equity ETF.
DGRO tracks the performance of the Morningstar US Dividend Growth Index, while SCHD tracks the performance of the Dow Jones US Dividend 100 Index.
DGRO has a dividend yield of 2.00%, while the dividend yield of SCHD is 2.89%.
DGRO has an expense ratio of 0.08%, while the expense ratio for SCHD is 0.06%.
Whichever one you choose to diversify your portfolio, either fund is an excellent investment option in its own right.