
Fed rate hike shifts income ETF appeal from SCHD to JPMorgan covered-call ETFs plus T-bills.
The Federal Reserve raised rates to 4.00%, its first hike in three years, impacting dividend ETFs like Schwab U.S. Dividend Equity ETF (SCHD). SCHD’s yield at about 3% now trails short-term Treasury yields above 4%, reducing its appeal for income inv...





