SCHD ETF dividend yield too low? Top 3 alternatives to consider

Core Viewpoint - The Schwab US Dividend Equity ETF (SCHD) has a significant asset base of over $83 billion but is limited by its low dividend yield of 3.5%, prompting investors to consider alternative ETFs with higher yields [1][2][3]. Group 1: SCHD ETF Overview - SCHD ETF has accumulated over $83 billion in assets, making it one of the largest dividend funds in the U.S. [1] - The fund tracks the Dow Jones US Dividend 100 Index, focusing on companies with strong dividend growth [2]. - Despite outperforming the S&P 500 this year, its yield of 3.5% is lower than other funds and short-term government bonds [3]. Group 2: Alternative ETFs - NEOS S&P 500 High Income ETF (SPYI) offers a high dividend yield of 12.8% and has over $7.92 billion in assets [4]. - SPYI employs a covered call strategy, investing in S&P 500 companies and generating returns through call options, but has a higher expense ratio of 0.68% [5][6]. - JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a dividend yield of 11.40% and over $33 billion in assets, also using a covered call strategy with a lower expense ratio of 0.35% [7]. - Cohen & Steers Infrastructure Fund (UTF) provides a 10% dividend yield with over $3.7 billion in assets, utilizing leverage as a closed-end fund, but has a high expense ratio of 3.43% [9][10].