The Vanguard S&P 500 ETF (VOO), Schwab U.S. Dividend Equity ETF (SCHD), and NEOS Nasdaq-100 High Income ETF (QQQI) all generate income, but each follows a different strategy. VOO tracks the broader S&P 500 (SPX) and pays dividends from the companies it holds. SCHD focuses on high-quality dividend-paying stocks, while QQQI generates most of its income by selling options on Nasdaq-100 stocks.
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For income investors, dividend yield is one of the most important measures. QQQI currently offers the highest yield at about 14%, followed by SCHD at roughly 3% and VOO at about 1%.
Using the TipRanks’ ETF Comparison Tool, we have placed SCHD, QQQI, and VOO against each other to find the best dividend ETF for investors in 2026.
Is VOO a Good ETF to Invest in?
VOO pays dividends on a quarterly basis, passing along the regular dividends received from the S&P 500 companies it holds. Most recently, the ETF paid a dividend of $1.87 per share on March 31, 2026. As shown in the VOO dividend history table, recent payments have ranged from about $1.54 to $1.87 per share each quarter. The ETF also has the lowest expense ratio among the three at 0.03%.
In terms of holdings, VOO ETF is heavily weighted toward technology but also includes major exposure to financials, healthcare, consumer, and industrial stocks, giving investors broad, large-cap diversification. VOO holds 507 stocks with total assets worth $978.95 billion. Its top five holdings are Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL).
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, VOO is a Strong Buy. The Street’s average price target of $833.17 implies an upside of 21.66%.
Is the SCHD ETF Really a Good Investment?
SCHD pays dividends on a quarterly basis, using the cash income generated by its underlying holdings. Most recently, the ETF paid a dividend of $0.26 per share on March 30, 2026. As shown in the SCHD dividend history image, payouts in 2024 and 2025 have generally ranged between $0.25 and $0.28 per quarter. The ETF has an expense ratio of 0.06%.
In terms of holdings, SCHD focuses on companies that regularly pay dividends, with large positions in industrial, healthcare, energy, and consumer staples stocks rather than fast-growing tech firms. The fund holds 101 stocks and manages about $95.81 billion in assets. Its top five holdings are Home Depot (HD) at 4.57%, Merck (MRK) at 4.54%, UnitedHealth Group (UNH) at 4.47%, Amgen (AMGN) at 4.34%, and Procter & Gamble (PG) at 4.24%.
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, SCHD is a Moderate Buy. The Street’s average price target of $35.48 implies an upside of 9.54%.
What Is the Price Target for QQQI?
QQQI follows a very different model. The ETF pays monthly dividends, driven mainly by an options-based income strategy tied to the Nasdaq-100. As shown in the QQQI dividend history table, recent payouts have mostly ranged between $0.61 and $0.66 per share, with the latest payment at $0.66 in May 2026. The ETF has an expense ratio of 0.68%.
In terms of holdings, QQQI is centered on large technology and internet companies because it is based on the Nasdaq-100. The fund holds 104 stocks and manages about $12.91 billion in assets. Its top 5 holdings are Nvidia (NVDA), Apple (AAPL), Micron (MU), Microsoft (MSFT), and Advanced Micro Devices (AMD).
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, QQQI is a Strong Buy. The Street’s average price target of $68.25 implies an upside of 23.29%.
Conclusion
For investors looking for the best mix of income and growth, QQQI stands out with the highest dividend yield and the highest implied upside. SCHD offers a more balanced income strategy, while VOO remains the best choice for long-term growth and also has the lowest expense ratio among the three.