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Retail Investors Shift From Cash to Dividend ETFs as Savings Yields Slide

With high-yield savings slipping near 4%, investors are favoring low-cost dividend funds that screen for quality and growth.

Overview

  • Average high-yield savings rates have fallen from about 5.1% in March to roughly 4% in November, and some analysts predict they could near 3.5% if further Fed cuts occur by mid-2026.
  • Schwab U.S. Dividend Equity ETF (SCHD) is a leading pick with about a 3.88% yield, roughly 100 holdings focused on consistent dividend growth, and a 0.06% expense ratio.
  • Vanguard options offer broader approaches: VYM holds about 569 stocks with a 2.51% yield, while VIG targets companies with at least 10 years of dividend increases, spans 330+ names, and charges 0.05%.
  • A practical blueprint shows that roughly $235,000 deployed across dividend ETFs and select REITs at a 5.1% weighted yield can generate close to $1,000 in monthly income, with guidance to avoid chasing double-digit yields.
  • Historical data cited in the coverage indicate dividend payers have outperformed non-payers since 1973, with dividend growers posting the strongest long-term total returns.