Spaxx (sit in brokerage account) 4.75% interest or risk SCHD 3.80% dividend?

Having recently learned that keeping money in my fidelity account pays an interest rat of just under 5% a year (distributions come in monthly) I've been thinking of putting more money in my account and not investing it in schd. Holding it in my bank account pays nothing.

With schd sort of flat and paying less on dividend, are you guys putting any into spaxx and letting it sit? almost $50 a year for $1000 with little risk. Trying not to continue squander my money to inflation and grow it a little.