SCHY
Schwab International Dividend Equity ETF
stock NYSE ETF

I'll preach a little bit. Your portfolio assets should all have a purpose, and that purpose should determine how it is allocated. Keep it simple.
Anything you won't need for decades (like 401k or IRA) should be mostly stock indices. Don't overthink it. VT, VOO, maybe a tiny bit SCHD or DGRO. Put some in international (VT is the one stop shop, but if you have the others then add some FNDF or VXUS or SCHY. A small commodity allocation like SDCI or gold wouldn't be crazy.
Anything you will need in the next 3-4 years, like that loan you need to pay off, should be in cash equivalents like BIL or SGOV or maybe BOXX (if you're on a higher tax bracket).
If you are sitting in cash that won't be needed for decades, the statistically best move is to lump sum it into the stock allocation. But psychologically it might be more palatable to DCA over 6 months or even a year, especially if you tend to freak out of there is volatility.
Keep it simple and don't overthink it.

Yeah, roughly, although I wouldn’t get too hung up on the exact 30/30/30 split. My main point is that 40% SCHG makes growth a pretty dominant part of the portfolio, especially since SCHD and DGRO already have plenty of overlap with large-cap stocks.
If your goal is long-term growth, I don't think SCHG is a bad choice at all. I’d just consider whether you really need both SCHD and DGRO at 30% each, since there’s also quite a bit of overlap between those two. Something like 30% SCHD / 30% DGRO / 30% SCHG / 10% SCHY is reasonable, but I’d focus more on the overall exposures than trying to make every ETF an equal-sized bucket.
And I agree that the most important thing is having a plan you can actually stick with through a big drawdown. If you know you’d keep buying SCHG after a 30–40% decline, then a higher allocation is much easier to justify.

57... 5200 SCHD and 1100 SCHY, and a sprinkling of growth ETFs as well ;)

One thing I keep coming back to with this setup is how much of the dividend work is being done by funds that mostly hold the same companies.
SCHD, DGRO, SCHY, SCHG, and the BDCs are all reaching for a pretty similar part of the market, and the 40% allocation to SCHG is doing a lot to pull the whole portfolio toward large cap growth. With CSWC, FSCO, and MAIN on top, you've also got meaningful exposure to the credit side of the market, which is the part that tends to get interesting in a bad year.
If you laid out this same portfolio and a 30+ percent drawdown happened, would you actually keep feeding the 40% to SCHG, or would that be the moment you start wanting to spread the new $250 around more evenly?
Personally I'd probably push SCHD or DGRO up and let SCHG sit closer to the 20 to 30 range, just so the growth sleeve isn't steering the whole account.

Thanks think I will move that 5% to SCHY.

You could skip the last 5%. 5% divided by 3 is so small that even if they hit then it doesn't really move the needle. And that small of a percentage doesn't really contribute to your diversification.
If you drop that 5% and don't want to take SCHY to 10% then you might want to think about dropping SCHY (same reason as above) and rolling that freed up 10% into one of the other three main ones.
Good luck.

Previously posted my holdings and received some good feedback from here and elsewhere. Have simplified things from there and may simplify further than this eventually. 43 years and already have a good pension plan, a 457B, and a money market. In a taxable brokerage that I want to supplement these I have the following and am DRIP'ing them:
CSWC - 100 shares
DGRO - 10 shares
FSCO - 102.18 shares
MAIN - 11.23 shares
SCHD - 30 shares
SCHG - 35 shares
SCHY - 10 shares
Going forward plan to invest $250 per month allocated as follows: 40% to SCHG, 30% to SCHD, 20% to DGRO, 7% to SCHY, 3% divided between CSWC, FSCO, and MAIN.
Some months can probably increase investment to \~$400.
So how am I doing now?

My general plan:
1) 401k is full growth, and will just 'grow as God intended'
2) My brokerage is full SCHD/SCHY/dividend, and I plan to dump as much as I can into that.
Come retirement, the intention/hope is for SCHD/SCHY/dividend to be pumping out enough dividends per quarter/month to support my lifestyle, and in theory, not have to touch my 401k at all. If I do touch the 401k, it'd be to convert it into a JEPQ/QQQI 'equivalent', and just live off dividends/monthly distributions.
I feel the SCHD/SCHY/higher dividend ETFs also tend to be 'safer' stocks in general, so it's a balancing act of the higher growth, higher volatility 401k, with the more "safe", deliberate choice of SCHD/SCHY in the brokerage.
My wife's and I's IRA/Roths are also dividend; VYMI/SCHY, focusing more on International dividend yield. Those would either just be utilized to DRIP into 'cash' at retirement, or converted to 'something else', QQQI/JEPQ equivalent type thing.

I'll preach a little bit. Your portfolio assets should all have a purpose, and that purpose should determine how it is allocated. Keep it simple.
Anything you won't need for decades (like 401k or IRA) should be mostly stock indices. Don't overthink it. VT, VOO, maybe a tiny bit SCHD or DGRO. Put some in international (VT is the one stop shop, but if you have the others then add some FNDF or VXUS or SCHY. A small commodity allocation like SDCI or gold wouldn't be crazy.
Anything you will need in the next 3-4 years, like that loan you need to pay off, should be in cash equivalents like BIL or SGOV or maybe BOXX (if you're on a higher tax bracket).
If you are sitting in cash that won't be needed for decades, the statistically best move is to lump sum it into the stock allocation. But psychologically it might be more palatable to DCA over 6 months or even a year, especially if you tend to freak out of there is volatility.
Keep it simple and don't overthink it.

Yeah, roughly, although I wouldn’t get too hung up on the exact 30/30/30 split. My main point is that 40% SCHG makes growth a pretty dominant part of the portfolio, especially since SCHD and DGRO already have plenty of overlap with large-cap stocks.
If your goal is long-term growth, I don't think SCHG is a bad choice at all. I’d just consider whether you really need both SCHD and DGRO at 30% each, since there’s also quite a bit of overlap between those two. Something like 30% SCHD / 30% DGRO / 30% SCHG / 10% SCHY is reasonable, but I’d focus more on the overall exposures than trying to make every ETF an equal-sized bucket.
And I agree that the most important thing is having a plan you can actually stick with through a big drawdown. If you know you’d keep buying SCHG after a 30–40% decline, then a higher allocation is much easier to justify.

57... 5200 SCHD and 1100 SCHY, and a sprinkling of growth ETFs as well ;)

One thing I keep coming back to with this setup is how much of the dividend work is being done by funds that mostly hold the same companies.
SCHD, DGRO, SCHY, SCHG, and the BDCs are all reaching for a pretty similar part of the market, and the 40% allocation to SCHG is doing a lot to pull the whole portfolio toward large cap growth. With CSWC, FSCO, and MAIN on top, you've also got meaningful exposure to the credit side of the market, which is the part that tends to get interesting in a bad year.
If you laid out this same portfolio and a 30+ percent drawdown happened, would you actually keep feeding the 40% to SCHG, or would that be the moment you start wanting to spread the new $250 around more evenly?
Personally I'd probably push SCHD or DGRO up and let SCHG sit closer to the 20 to 30 range, just so the growth sleeve isn't steering the whole account.

Thanks think I will move that 5% to SCHY.

You could skip the last 5%. 5% divided by 3 is so small that even if they hit then it doesn't really move the needle. And that small of a percentage doesn't really contribute to your diversification.
If you drop that 5% and don't want to take SCHY to 10% then you might want to think about dropping SCHY (same reason as above) and rolling that freed up 10% into one of the other three main ones.
Good luck.

Previously posted my holdings and received some good feedback from here and elsewhere. Have simplified things from there and may simplify further than this eventually. 43 years and already have a good pension plan, a 457B, and a money market. In a taxable brokerage that I want to supplement these I have the following and am DRIP'ing them:
CSWC - 100 shares
DGRO - 10 shares
FSCO - 102.18 shares
MAIN - 11.23 shares
SCHD - 30 shares
SCHG - 35 shares
SCHY - 10 shares
Going forward plan to invest $250 per month allocated as follows: 40% to SCHG, 30% to SCHD, 20% to DGRO, 7% to SCHY, 3% divided between CSWC, FSCO, and MAIN.
Some months can probably increase investment to \~$400.
So how am I doing now?

My general plan:
1) 401k is full growth, and will just 'grow as God intended'
2) My brokerage is full SCHD/SCHY/dividend, and I plan to dump as much as I can into that.
Come retirement, the intention/hope is for SCHD/SCHY/dividend to be pumping out enough dividends per quarter/month to support my lifestyle, and in theory, not have to touch my 401k at all. If I do touch the 401k, it'd be to convert it into a JEPQ/QQQI 'equivalent', and just live off dividends/monthly distributions.
I feel the SCHD/SCHY/higher dividend ETFs also tend to be 'safer' stocks in general, so it's a balancing act of the higher growth, higher volatility 401k, with the more "safe", deliberate choice of SCHD/SCHY in the brokerage.
My wife's and I's IRA/Roths are also dividend; VYMI/SCHY, focusing more on International dividend yield. Those would either just be utilized to DRIP into 'cash' at retirement, or converted to 'something else', QQQI/JEPQ equivalent type thing.

Yes.  Both dividend kings and aristocrats.  I prefer SCHD and SCHY. I prefer all my real estate holdings to be via REITs. No covered call ETFs and they are not really dividend ETFs.

Good combo is SCHY to get non U.S. dividend money.

SPYM, SPDW, SPMO, XMMO, FMTM, AVUV, AVDV, AIRR, SOXQ, DRAM, SCHD, SCHY.

I put 500 bucks into each every month. Between 3k to 15k in each so far depending when I started it.

I am Mughal. You might have heard the name in history books. We burned out twice 1857 and 1947. Allah given us second chance and goal is no Mughal has to see another 1847 or 1947 everyone to have comfortable life and do some charity as well thanks to work I have done since 1987. I make my money by writing active supervision nothing to report if things go south I make even more money thanks to American system. I make my calculated bets in my Citi brokerage account while 401K, 457 and 2 Roths are VT equal of VTI and VXUS. I will have NYC pension too. 
I am US Army veteran and will be going to US Air Force and switch to US Space Force. 
For most people VT equal of VTI and VXUS is enough doing rebalance once a year to bring it equal to present VT and holding for 20 30 years enough to have comfortable retirement. 
Trump accounts is new thing I think this is their way to replace social security. Both should work in partnership allocate 40% to SCHD and SCHY so even if market go south retirees will still get their quarterly dividend and that will be their second pension. I am doing something similar in my brokerage account. I want everyone to have good life.