Schwab U.S. Dividend Equity ETF (SCHD) Offers Higher Yield and Lower Fees Than ProShares S&P 500 Dividend Aristocrats ETF (NOBL)

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Both Schwab U.S. Dividend Equity ETF ( SCHD 0.19%) and ProShares S&P 500 Dividend Aristocrats ETF ( NOBL 0.01%) offer exposure to U.S. dividend-paying stocks, but they take different approaches.