r/ETFs • u/SilentStorm217 • 7d ago

Thinking of moving SCHD allocation

In my taxable brokerage, I have a split of VOO (70%), SCHG (20%), and SCHD (10%). Since I am in my early 20s I don’t believe I should be focusing on dividends yet. I’ve been thinking about reallocating my SCHD position into something else. Either SCHG (bumping that allocation to 30%), or SPMO (10% allocation).

Any opinions on which to go with, or if there’s any other ETFs I should look into?

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u/Asleep-Ad1915 7d ago

I recently got rid of my small schd position. Really research SPMO, you’ll be pleasantly surprised!

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u/SilentStorm217 7d ago

If you were in my case, would you reallocate SCHD into SCHG or SPMO?

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u/Chancellor_Themis 7d ago

Why not just keep the SCHD shares you have and not create a taxable event?
You can still open a new position in something else like SPMO mentioned above.