VYM - If I Could Only Buy One ETF In 2024: SCHD
2024-06-24 11:36:53 ET
Summary
- Selecting an adequate ETF that aligns with your overall investment strategy is crucial for successfully implementing your investment approach.
- In this article, I will explain why I would select SCHD if I could only choose one ETF in 2024.
- I will further demonstrate that including companies such as Apple and Microsoft, in addition to SCHD, can enhance your portfolio's risk-reward profile.
Investment Thesis
In today’s article, I will demonstrate why I would choose SCHD ( SCHD ) if I could only select one ETF to invest in 2024. Furthermore, I will explain why I believe that companies such as Apple (NASDAQ: AAPL ) and Microsoft (NASDAQ: MSFT ) can be excellent complements to an investment portfolio where SCHD is held as a core component.
SCHD is my top ETF choice for 2024 due to its combination of dividend income and dividend growth (the ETF exhibits a Dividend Yield [TTM] of 3.48% and its 10-Year Dividend Growth Rate [CAGR] stands at 10.87%), its focus on companies that pay sustainable dividends, its reduced expense ratio of 0.06%, and low risk-level (its Annualized Volatility of 11.01% stands 13.84% below the Median of all ETFs). All of these characteristics strengthen my belief that SCHD has a superior risk-reward profile when compared to other ETFs....
If I Could Only Buy One ETF In 2024: SCHD