u/Any-Yogurtcloset-493

A few things stood out:

• VIG ↔ DGRO have the highest overlap (69%)

• DGRO ↔ VYM are also very similar (62%)

• SCHD is the most distinct of the group, with relatively low overlap against the others.

Anything here surprise you?

The biggest visual shift is the move away from Financials/Industrials dominance toward a more balanced mix with higher Consumer Staples, Healthcare, Energy, and Tech exposure.

Approximate sector exposure by year; 2026 reflects post-March reconstitution.

Same income goal. Four very different income strategies.

This comparison focuses only on the capital required to reach the same income goal. It doesn't account for total return or future dividend growth.

I've become a little obsessed with target pie allocations and rebalancing into weakness.

Current targets:

• US dividend growth: 65%
• Global dividends: 15%
• REITs: 10%
• BDCs: 5%
• Covered call ETFs: 5%

The idea is to balance long-term dividend growth with a little current yield juice.

SCHD is my core holding, with satellite allocations around it for international exposure, real estate, BDCs, and a small covered-call sleeve.

I know I could just buy SCHD and call it a day, but I enjoy building around a core position and having some diversification outside the US.

I'm not trying to maximize total return at all costs. My goal is to strike a balance between dividend growth and meaningful current income.

Curious what you guys think:

• Too much complexity?
• Too much SCHD?
• Too much yield chasing?
• Anything you would add or remove?