SCHD
- Schwab US Dividend Equity ETFKey Information
Earliest date | 2011-10-19 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
ETF Information
Fund Provider | Charles Schwab |
Index | Dow Jones U.S. Dividend 100 Index |
Expense Ratio | 0.06% |
Number Of Holdings | 101 |
Inception Date | 2011-10-20 |
Asset Class | Equity |
Currency | USD |
Listing | US-listed |
Investment Style | Blend |
Non-leveraged | Non-leveraged |
About SCHD
The Schwab US Dividend Equity ETF (SCHD) is an exchange-traded fund that tracks the Dow Jones U.S. Dividend 100 Index, providing exposure to high-dividend yielding US equities. The fund's unique approach selects companies with a long history of dividend distributions, considering factors such as dividend growth and yield, resulting in a portfolio with a substantial upgrade in payout compared to the broader market. This ETF can be used as a core holding for US equity exposure or as a complement to a more broadly-based fund to derive greater yield, offering a cost-effective solution for investors seeking income generation.