The Schwab U.S. Dividend Equity ETF (SCHD) focuses on high-yield, high-quality dividend stocks with a 3% yield, while the First Trust Rising Dividend Achievers ETF (RDVY) targets faster-growing Nasdaq companies with rising dividends but lower yields at 0.8%. Over the past decade, RDVY delivered 15.8% average annual returns versus SCHD's 13.2%, making RDVY better for wealth growth and SCHD better for current income.