Better Buy: This High-Yield ETF or a Classic S&P 500 Index Fund?

  • There's a lot of debate among investors on whether it's better to invest in a plain vanilla index fund tracking the S&P 500 or the popular Schwab U.S. Dividend Equity ETF (SCHD 0.91%). Those favoring the high-yield ETF point to its payout as a great way to generate passive income.