SCHD — Schwab U.S. Dividend Equity ETF

SCHD Price Performance — Growth of $10,000

Value of a $10,000 investment in SCHD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SCHD Drawdown

The "underwater" chart: SCHD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Schwab U.S. Dividend Equity ETF (SCHD) is a Dividend Income ETF issued by Schwab ETFs, one of the largest and most well-regarded issuers in the ETF space. With an overall rank of #3 among 458 tracked ETFs, SCHD is a highly regarded fund in its category. The ETF has an expense ratio of 0.06%, indicating it is cost-effective for investors. It offers a dividend yield of 3.13%, making it an attractive option for income-focused investors. The fund's $104B in assets under management (AUM) suggests strong investor adoption, as it is one of the largest ETFs in its category, tracking the performance of a diversified portfolio of U.S. dividend-paying equities.

Over the past year, the SCHD ETF has delivered a strong return of 32.31%, with a 3-year compound annual growth rate of 59.48%, indicating a consistent upward trend in performance. The 1-month return of 7.04% and the 3-month return of 9.74% suggest that the fund has been performing well in the short term, with a slight deceleration in the 6-month return of 12.90%. The 1-year return of 32.31% is notably higher than the 1-day return of +0.80%, indicating that the fund has been more responsive to longer-term market trends. The 1-week return of +1.71% falls between these two extremes, suggesting a moderate short-term performance.

The SCHD ETF is labeled as having low volatility, with a beta of 0.56, indicating that it is less sensitive to market movements compared to the broader market. This is further supported by its Sharpe ratio of 2.45, which is quite high, suggesting that the fund provides a good risk-adjusted return. The maximum drawdown of -16.12% indicates that the fund has experienced a significant decline in value, but it has recovered from such declines more quickly than many other funds. This combination of low volatility, a high Sharpe ratio, and a moderate drawdown suggests that the fund is well-suited for investors seeking a balance between income and capital preservation, with a lower risk profile compared to more volatile equity funds.

AI-generated summary based on the data on this page.

SCHD Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 43.6% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SCHD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SCHD

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SCHD's top 10 — HDV overlaps most, holding 4 of the same companies as SCHD's top 10 (15.2% of SCHD's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.69% (as of 2026-08-20) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.01 (as of 2026-08-20) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

See it in a portfolio

SCHD is one of the twelve funds in the portfolio game. Start with 25% of a virtual $10,000 in it, build the rest however you like, and the builder shows the range this mix has actually produced over every five-day stretch of the last three years — before you commit to anything.

Free, no sign-up, virtual money only.

SCHD Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 21.8M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $104B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SCHD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SCHD Performance History

How SCHD Compares to Other Dividend Income ETFs