Could This Dividend ETF Be Your Ticket to $500 per Month in Passive Income?

Yahoo Finance ·

Dividend stocks are back on a roll again in 2026. Several of the biggest dividend ETFs, including the Vanguard High Dividend Yield ETF , the iShares Select Dividend ETF , and the iShares Core High Dividend ETF , are already up more than 12% year to date (total return) and outpacing the Vanguard S&P 500 ETF by a sizable margin. But one of the best-performing funds is the Schwab U.S. Dividend Equity ETF ( SCHD 0.47% ) . Its total gain is more than 18% thanks to its multifaceted stock selection process and timely overweights in sectors such as Energy, Industrials, and Consumer Staples. Its 3.3% yield, triple that of the S&P 500 , also helps ensure that shareholders receive a consistent, above-average income stream. The fund's use of financial health, dividend history, dividend growth, and high-yield screeners is one of the most comprehensive in this category. Yield-only selection methodologies can create vulnerabilities in the sustainability and durability of their dividends. Not the case with the Schwab U.S. Dividend Equity ETF , which ensures the stocks held in the portfolio can keep paying those big dividends over time. The fund's current yield means investors can generate high income with a relatively small initial investment compared to some peer ETFs. A $500 monthly paycheck from dividends (or even more) is attainable for many investors.

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