Baby Boomers Should Load up on These Retiree ETFs

"The Schwab U.S. Dividend Equity ETF tracks the Dow Jones U.S. Dividend 100 Index and is a simple and straightforward fund. It measures the performance of the 100 best dividend-paying stocks and focuses on quality over quantity. It picks companies based on their ability to sustain dividends and pay higher yields. SCHD holds 103 stocks and has a yield of 3.91%."

"The ETF only invests in companies that have raised dividends over the past decade, ensuring the right blend of growth and income for investors. Thus, making it ideal for retirement. Unlike other tech-focused funds, SCHD has the highest allocation in the energy sector (19.34%), followed by consumer staples (18.50%) and healthcare (16.10%). Its top holdings include the best dividend stocks, such as AbbVie, Coca-Cola, PepsiCo, Cisco Systems, and Chevron Corporation."

"Since inception in 2011, the fund has generated an average annual total return of 11.6% and has a low expense ratio of 0.06%. Its annualized 5-year return is 12.04%, and its NAV is $26.72 at the time of writing. SCHD focuses on yield and growth, ensuring you only own the top-quality businesses. The Invesco S&P 500 High Dividend Low Volatility ETF tracks the S&P 500 Low Volatility High Dividend Index and picks the best highest-yielding stocks with low volatility."

Dividend-focused ETFs provide steady yield, lower risk, and portfolio diversification for retirees. The Schwab U.S. Dividend Equity ETF (SCHD) tracks the Dow Jones U.S. Dividend 100 Index, holds 103 stocks, and yields 3.91%. SCHD selects companies that have raised dividends for the past decade, concentrates in energy, consumer staples, and healthcare, and lists top holdings like AbbVie, Coca-Cola, PepsiCo, Cisco, and Chevron. SCHD has an average annual return of 11.6% since 2011, a five-year annualized return of 12.04%, and an expense ratio of 0.06%. The Invesco S&P 500 High Dividend Low Volatility ETF targets high-yield, low-volatility S&P stocks. Vanguard High Dividend Yield ETF (VYM) is recommended as a high-dividend option.

Read at 24/7 Wall St.