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SCHD vs SCHG vs covered call income ETFs — which actually builds more wealth over time?
Most investors think they have to choose between dividend income (SCHD), growth (SCHG), or high-yield income strategies like covered call ETFs… but the real answer isn’t that simple.
In this video, I break down a full backtest comparing SCHD, SCHG, and income-focused strategies to see:
Which one grows your portfolio the fastest
Which one produces the most income
And what actually happens when you reinvest vs take cash
Because chasing yield can cost you long-term wealth… and chasing growth can leave you with no income.
If you’re building a portfolio for financial freedom, retirement income, or long-term investing, this is the comparison you need to see.
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00:00 Income vs Growth Mistake
00:07 Why Combining Wins
00:15 SCHD vs SCHG Overview
00:40 Power of Diversification
00:58 Growth vs Income Roles
01:07 Backtest Setup Explained
01:40 Spreadsheet Walkthrough
02:17 Portfolio Setup (3 Scenarios)
03:45 SCHD 20-Year Results
05:10 SCHD Final Outcome
06:08 SCHG Growth Breakdown
07:22 SCHG 20-Year Results
08:02 Income Gap Explained
08:56 50/50 Portfolio Test
09:23 Combined Results (Key Insight)
10:30 Income + Growth Breakdown
11:05 Who Drives Growth vs Income
12:01 Adjusting Allocations
12:49 SCHD vs SCHG Volatility
13:22 Down Market Protection
14:29 Why They Work Together
14:50 Final Thoughts & Strategy
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Simple Path to Wealth: https://amzn.to/3syl4Vc
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