Schwab U.S. Dividend Equity ETF
SCHD US IndexUpdated: Jul 4, 2026, 21:17 UTC
Key Metrics
Top 10 Holdings
| Holding | Ticker | Weight | Bar |
|---|---|---|---|
| Qualcomm Inc | QCOM | 6.73% | |
| Texas Instruments Inc | TXN | 5.9% | |
| UnitedHealth Group Inc | UNH | 5.09% | |
| Coca-Cola Co | KO | 3.95% | |
| Merck & Co Inc | MRK | 3.86% | |
| Chevron Corp | CVX | 3.83% | |
| Verizon Communications Inc | VZ | 3.65% | |
| Procter & Gamble Co | PG | 3.54% | |
| ConocoPhillips | COP | 3.51% | |
| Amgen Inc | AMGN | 3.47% |
Sector Allocation
About This ETF
The Schwab U.S. Dividend Equity ETF (SCHD) is a US Index ETF with an expense ratio (TER) of 0.06% and $94.9B in assets under management., with its largest holdings being Qualcomm Inc, Texas Instruments Inc, UnitedHealth Group Inc. The ETF currently yields 3.25% in dividends. Year-to-date, SCHD has returned +18.73%. With an expense ratio of just 0.06%, it is one of the cheapest ETFs in its category.
To pursue its goal, the fund generally invests in stocks that are included in the index. The index is designed to measure the performance of high dividend yielding stocks issued by U.S. companies that have a record of consistently paying dividends, selected for fundamental strength relative to their peers, based on financial ratios. The fund will invest at least 90% of its net assets in these stocks.
FAQ — SCHD
What is the TER of SCHD (Schwab U.S. Dividend Equity ETF)?
SCHD has a Total Expense Ratio (TER) of 0.06 % per year. That sits above the us index category median (0.05 % across 14 peer ETFs). The TER is deducted directly from the fund and lowers your effective return.
What return has SCHD delivered?
Performance for SCHD: YTD: +18.73 % · 3-year p.a.: +14.10 % · 5-year p.a.: +8.84 %. Over 5 years, SCHD underperforms the us index category median of +12.07 % by -3.23 pp. Past performance is no guarantee of future returns.
What are the top holdings of SCHD?
The five largest positions in SCHD are: QCOM, TXN, UNH, KO, MRK. The full holdings list is updated daily on this page.
Does SCHD pay dividends?
SCHD has a current dividend yield of 3.25 %. Distributing ETFs pay this out in cash; accumulating versions reinvest it inside the fund. Check the share class on your broker before buying.
Where can I buy or set up a savings plan for SCHD?
SCHD is available at most major brokers. For a free monthly savings plan from €1, look at Trade Republic, Scalable Capital or Flatex. The broker comparison on this site shows fees, free-savings-plan ETFs and execution exchanges side by side.
What is the Schwab U.S. Dividend Equity ETF?
The Schwab U.S. Dividend Equity ETF (SCHD) holds U.S. companies with high dividend yields and a consistent record of payouts, selected for fundamental strength relative to peers. With an expense ratio of just 0.06 % and assets of $91.1B, it ranks among the largest dividend ETFs. The trailing dividend yield stands at 3.29 %. For investors who want current income paired with a quality-screened equity approach, it serves as a core building block focused on established U.S. value names.
Performance in context
SCHD returned 18.67 % year to date, with annualized figures of 15.74 % over three years and 8.73 % over five years. The price sits at $32.63, near its 52-week high of $32.91 and well above the low of $25.89.
The results are driven by its sector mix: consumer defensive (19.24 %), healthcare (18.76 %), technology (16.35 %) and energy (16.16 %). Heavyweights such as Texas Instruments (5.35 %) and UnitedHealth Group (5.11 %) shape the portfolio. The blend of dividend income and moderate price appreciation explains the solid total return profile.
Risk profile
Despite broad diversification across many U.S. names, concentration risk exists: the ten largest positions, from Texas Instruments (5.35 %) to Verizon (3.66 %), account for a meaningful share. A tilt toward defensive and cyclical sectors can weigh on returns in certain market phases.
For euro-area investors, currency risk is critical: because the fund is denominated in USD, an appreciation of the euro against the U.S. dollar reduces returns regardless of how the underlying stocks perform. Add to this general equity-market risk, the possibility of dividend cuts, and potential underperformance versus growth-oriented indices during technology-led rallies.
Who is this ETF for?
SCHD suits investors with a medium to long horizon who seek current income and quality U.S. value exposure. Those wanting a dividend-focused core holding with low costs and a screen for financially strong companies will find it fitting.
- Suitable for income-oriented long-term investors building a dividend stream.
- Suitable as a complement to broad world or growth indices.
It is less suitable for investors chasing maximum growth momentum, those needing global diversification beyond the U.S., or those wanting to avoid U.S. dollar currency exposure entirely. Short-term traders are also a poor fit for this strategy.
How it compares to competitors
Within the U.S. dividend and value segment, SCHD competes with several established products:
- Vanguard High Dividend Yield ETF (VYM) – broader, with more holdings and similarly low costs, but a less strict fundamental-quality screen.
- Vanguard Dividend Appreciation ETF (VIG) – emphasizes dividend growth over high current yield, tilting toward quality with a lower payout.
- iShares Core Dividend Growth ETF (DGRO) – combines sustainable dividend growth with broad diversification.
SCHD stands out for its strict selection based on balance-sheet metrics and a very low expense ratio of 0.06 %.
Where can I buy SCHD?
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