Schwab U.S. Dividend Equity ETF: Top High-Yield ETF to Buy Before Year-End

The Schwab U.S. Dividend Equity ETF is a low-expense ratio ETF with a high 30-day SEC yield of 3.8%. It focuses on high-yield value stocks, making it ideal for risk-averse investors. Its value focus should help it hold up well if growth stocks sell off. With a P/E ratio of 16.5, it is significantly lower than the S&P 500 P/E ratio of 30.8, making it suitable for value investors.