I've traditionally been a VOO investor, but thinking of moving a large portions of my investments into SCHD. Reasoning is in a potential market downturn, i'd rather be in cash flow postive companies, then even voo where its dominated by ai dependent faang companies.
So in a theoritical drop of sp500 of 50%, a schd may only drop 35-40% in theory. I still want to be in equities, but essentially moving to value driven equities. what do you think of this thought process?