Better Dividend ETF to Buy Now: Schwab U.S. Dividend Equity ETF or Vanguard Dividend Appreciation ETF?

Diversification is crucial for dividend investors. You don't want to depend on only a few companies for your dividend income, because it can be painful if something goes wrong.

That's where exchange-traded funds (ETFs) can make life much easier. The Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) and Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) are two popular dividend stock ETFs. Both offer investment exposure to a bucket of blue chip dividend stocks and have gradually paid investors increasingly larger dividends.

But which of these ETFs should investors buy right now? This Fool dove deep, and what I found is fascinating. Here is what you need to know.

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