3 Monthly Dividend ETFs That Outperform SCHD and Pay You More Often

Core Insights - The Schwab US Dividend Equity ETF (SCHD) is popular due to its combination of long-term capital returns and a sustainable dividend yield close to 4% [1] - However, there are monthly dividend ETFs that have outperformed SCHD, suggesting income investors may benefit from diversifying their portfolios [2] - SCHD has declined by 2.98% over the past year, primarily due to limited exposure to the tech sector, while other ETFs have provided better returns [3] ETF Comparisons - The Amplify CWP Enhanced Dividend Income ETF (DIVO) is noted for outperforming SCHD by utilizing a strategy that combines high-quality large-cap investments with covered call options [4] - DIVO currently offers a dividend yield of 4.55% and has an expense ratio of 0.56%, with returns of 12.18% over the past year compared to SCHD's 0.33% [5][6] - The NEOS Nasdaq-100 High Income ETF (QQQI) provides a higher yield of 13.6% and has returned 21.8% over the past year, indicating strong competition in the dividend ETF space [7]