I owned DGRO alongside SCHY (the international version of SCHD) and QYLD in my webull account. But when the markets started tanking in January I sold and did a straight growth play and established a position in SOXL. I've been adding a position into DIVO and I'm back and forth about reestablishing a position in DGRO once more for the qualified dividends and bigger portfolio vs SCHD. I also think for myself it may be slightly redundant being that I hold SCHD in a wealthfront robo adviser account but sometimes they tax harvest SCHD for VIG and vice versa. I think both are great long term hold vehicles for passive income
Both are really good funds. I think if you don't like volatility or you want more cash coming in for a very tiny % of underperformance to S&P500 they could be a replacement entirely. If I had a little over 20k and had to pick between VTI or DGRO id pick DRGO so I could layer 4 put contacts at the $53, $52, and 2 at the $51 strikes for $300ish in premium vs $600 for 1 ATM VTI $220 strike. Little more room to average into it and the draw down is less and then you got 4 wheels going or just keep it a lower average cost. I wish all ETFs were $20-50 that way its easier to sell options on them and diversify or layer in and out like futures contracts.
I dont think SCHD or DGRO is good to have in a taxable account due to its dividends, not tax friendly. Better to put this ETF in a Roth. VGT is okay as well as other growth-type ETF to have in taxable account.
@@ljrockstar69 thanks! Are you saying the reason to leave them out of taxable account is because these 2 etfs have higher yields or something else? I thought assets like REITS are taxed as ordinary income if you leave it in taxable account.
@@izik6894 Hi, yes they have higher yields, I used to have VNQ, which is a Reit ETF and the dividends are taxed every year. I'm 45 as well and learned about this. I wanted dividend high yield, but didn't want to deal with taxes, as much as I want to have a high dividend in my taxable portfolio, I refrain from doing so because of tax implications.
All else being equal, I choose NOT iShares. Blackrock doesn't need any more money + influence. Disregarding that, SCHD more closely matches my selection criteria, which is focused on growing dividends.
I have both but I’m finding that DGRO may be the better value, especially with this market uncertainty. The fact that DGRO includes two of the most valuable companies in the world doesn’t hurt. Side note: Zacks rates SCHD a 3, DGRO a 1.
Really enjoy your income etf videos Nick. Any thoughts about inflation protected etfs? Or tax exempt etfs? Lower income maybe but maybe better to hedge against than putting everything in straight up stock based etfs?
Probably has something to do with the large cap holding with in the fund, which make up 25% of the entire etf... large cap stocks have no room for extreme growth, anything over 10 billion in capital is considered large cap 👍
schd 68% qyld 12% schp 20% Please tell me what you think of this allocation 😬 4% yearly in dividends + capital appreciation and the safety of the treasury bond
@@dpragain My account is tax advantage because my income is still under 40k a year and my VTI is a long term capital gain. I make just over 60k a year but I max out my pre tax 401k every year plus when you add the standard deduction of 12500? That brings it down even further. I usually sell enough VTI to keep me under 72k a year and still pay no federal taxes on it. I just have to pay the state.
@@nicklaforge Yes I was just thinking the same thing. I usually add to my brokerage accounts once every quarter and I think I will start making purchases in SCHD starting in March.
I dont think the difference in expenses matters that much between these two etfs. I only have schd aswell. I would buy dgro if i thought it would perform better than schd
I do 50/50 SCHD and DGRO. Thank you for doing this video! It is definitely underrated!
I used to own both DRGO and SCHD but decided to sell DGRO as I preferred the selection process for the index that SCHD followed
I owned DGRO alongside SCHY (the international version of SCHD) and QYLD in my webull account. But when the markets started tanking in January I sold and did a straight growth play and established a position in SOXL. I've been adding a position into DIVO and I'm back and forth about reestablishing a position in DGRO once more for the qualified dividends and bigger portfolio vs SCHD. I also think for myself it may be slightly redundant being that I hold SCHD in a wealthfront robo adviser account but sometimes they tax harvest SCHD for VIG and vice versa. I think both are great long term hold vehicles for passive income
Love this channel, highly underrated and can’t wait for new content. Keep it up man!
Both are really good funds. I think if you don't like volatility or you want more cash coming in for a very tiny % of underperformance to S&P500 they could be a replacement entirely. If I had a little over 20k and had to pick between VTI or DGRO id pick DRGO so I could layer 4 put contacts at the $53, $52, and 2 at the $51 strikes for $300ish in premium vs $600 for 1 ATM VTI $220 strike. Little more room to average into it and the draw down is less and then you got 4 wheels going or just keep it a lower average cost. I wish all ETFs were $20-50 that way its easier to sell options on them and diversify or layer in and out like futures contracts.
@Nick Would appreciate for your thoughts on COWZ and DIVB ?
I invest in VTI, DGRO, and SCHD.
Informative video! I have SCHD, DGRO, JEPI, and VGT in my taxable account, each at 25%. I am 45. Any thoughts?
I like it especially in this market, it is value and cash flow heavy with decent exposure to growth in vgt and dgro primarily
My advice is don't ask anyone here for advice.
I dont think SCHD or DGRO is good to have in a taxable account due to its dividends, not tax friendly. Better to put this ETF in a Roth. VGT is okay as well as other growth-type ETF to have in taxable account.
@@ljrockstar69 thanks! Are you saying the reason to leave them out of taxable account is because these 2 etfs have higher yields or something else? I thought assets like REITS are taxed as ordinary income if you leave it in taxable account.
@@izik6894 Hi, yes they have higher yields, I used to have VNQ, which is a Reit ETF and the dividends are taxed every year. I'm 45 as well and learned about this. I wanted dividend high yield, but didn't want to deal with taxes, as much as I want to have a high dividend in my taxable portfolio, I refrain from doing so because of tax implications.
I’m liking the looks of the DGRO, DIVO, VUG portfolio.
I do both alongside SCHY/SCHG/& FREL All split 20%
All else being equal, I choose NOT iShares. Blackrock doesn't need any more money + influence.
Disregarding that, SCHD more closely matches my selection criteria, which is focused on growing dividends.
I have both but I’m finding that DGRO may be the better value, especially with this market uncertainty. The fact that DGRO includes two of the most valuable companies in the world doesn’t hurt. Side note: Zacks rates SCHD a 3, DGRO a 1.
Really enjoy your income etf videos Nick. Any thoughts about inflation protected etfs? Or tax exempt etfs? Lower income maybe but maybe better to hedge against than putting everything in straight up stock based etfs?
I have both for now. Really hard to drop one of them
That also works, surprisingly little overlap between them
What happens to the three slice pie if you use DGRO as core, SCHD for the div, and VUG for growth?
Dgro doesn't have a very steady dividend from what I've noticed. Do you know any reason for this?
Probably has something to do with the large cap holding with in the fund, which make up 25% of the entire etf... large cap stocks have no room for extreme growth, anything over 10 billion in capital is considered large cap 👍
Blue and yellow lines.... I see what you did there
I’m going with a 10/45/45 of cash/schd/schy
schd 68%
qyld 12%
schp 20%
Please tell me what you think of this allocation 😬 4% yearly in dividends + capital appreciation and the safety of the treasury bond
Nice 👍
11% SCHD, 5% DGRO ,5% DIVO of my portfolio
own schd,xyld,divo,voo,jepi
Is it safe to sell all my VTI and put it into SCHD? The older I get the more I just want quarterly dividends. BTW I am 41 years old.
I never sell anything unless it is in a tax advantaged account.
@@dpragain My account is tax advantage because my income is still under 40k a year and my VTI is a long term capital gain. I make just over 60k a year but I max out my pre tax 401k every year plus when you add the standard deduction of 12500? That brings it down even further. I usually sell enough VTI to keep me under 72k a year and still pay no federal taxes on it. I just have to pay the state.
I would start by slowly building up the new position, see how you like it, then incrementally take profits and use it to further fund the new position
@@nicklaforge Yes I was just thinking the same thing. I usually add to my brokerage accounts once every quarter and I think I will start making purchases in SCHD starting in March.
50/50 in taxable for DGRO/SCHD. My FXAIX goes in ROTH and 401k
#financenerd
Yvonne Cathy Dean lost all my money!!! Now I'm broke and on drugs!!! All doom and gloom here!!!
In general ishares have been higher expense ratios and that has kept me away. Not bad on DGRO, but I’m already in SCHD
I dont think the difference in expenses matters that much between these two etfs. I only have schd aswell. I would buy dgro if i thought it would perform better than schd
@@Stroz92 agreed
Schd
t7grbj
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