Which 50:50 Strategy: VGT/GPIQ or SCHG/SCHD
Early 30s. I want to start recurring investing weekly into a simple 2 ETFs portfolio that balances both Growth and Income. I am indecisive between 50:50 VGT/GPIQ or 50:50 SCHG/SCHD.
My logic for 50:50 VGT and GPIQ: I am aware that VGT is concentration on only tech, but I feel like tech is what generally drives the market anyways and the biggest S&P holdings are in tech. VGT has had an incredible performance over the past 10+ years compared to the S&P. Additionally, GPIQ gives consistent monthly income and still captures a big part of the nasdaq’s upside so not too much NAV erosion.
OR
My logic for 50:50 SCHG and SCHD: I am aware that SCHG is great for more sector diversification compared to VGT, however, it seems to have been underperforming VGT and VOO in a lot of the years, even this year. Additionally, SCHD is a great value stock holding and a consistently growing dividends for my income strategy however it’s significantly less than GPIQ in yield (9% vs 3%) but also in frequency since SCHD pays quarterly while GPIQ pays monthly.
I am having a dilemma in choosing between which 2 ETF combo to choose from and your guidance and opinions will be very valuable. My time horizon is 30+ years of investing and I want a strategy that focuses on both Growth and Income. I know income focused investing is not advices for younger investors but I am trying to have a backup income incase I lose my job or anything like that.