Comparison: SCHD vs DGRO. I ran a 20-Year, Inflation-Adjusted Simulation to see if the "Growth" ETF actually beats the "Yield" ETF long-term.

Original Reddit comment

Author suggests splitting between SCHD and a covered call fund like QQQI/SPYI/JEPQ/JEPI for more income.

QQQI — LONG Splitting between SCHD and a covered call fund such as QQQI/SPYI/JEPQ/JEPI would provide more income than holding SCHD alone. The main benefit of SCHD is its qualified dividends taxed at a low rate, so the covered call allocation improves total income.

I think splitting between SCHD and a covered call fund like QQQI/SPYI/JEPQ/JEPI would give you more income than just SCHD. The main benefit of SCHD is the qualified dividends taxed at a low rate if that's important to you.