Salam everyone,
I am exploring dividend-paying ETFs to build and diversify my portfolio. I have located some good growth-focused ETFs. However, I am a novice with regard to the dividend-focused shariah-compliant ETFs. My question is whether anyone successfully invested in a basket including some compliant SCHD holdings (US-based) and still saw a good annual growth compared to SCHD too. I know the growth will not be the same as SCHD when financial institutions are removed, but when I compare it to SPSK, I am hoping that it can still be much better. SPSK seemed to be very fluctuating around the same price and not consistently growing even if small. It made me a little concerned compared to SCHD, which has a more consistent growth. Any thoughts?
I wish to find a free app that allows me to build a shariah-compliant basket of stocks. Thanks for sharing your thoughts and strategy to approach this goal.