VYM - SPHD: High Dividend But There Are Better Options

2024-04-13 12:47:45 ET

Summary

• The Invesco S&P 500 High Dividend Low Volatility ETF provides a monthly stream of passive income with low volatility.
• SPHD has a decent dividend yield of 4.37%, but its dividend growth has been low compared to other options.
• Other ETFs, such as the Schwab US Dividend Equity ETF, have higher returns and dividend growth rates than SPHD.

One of the best things about investing is the passive income it can throw off. It takes work to initially make the money to invest, but once it's invested in shares of companies or funds that pay dividends, a stream of unearned income will start to flow. Invest enough money for a long enough period of time, and that small stream can become a rushing river of passive income. Relatively equal monthly infusions of income from stocks or funds that pay each month are great for planning ahead....

For further details see: