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

Schwab U.S. Dividend Equity ETF is a Dividend Income fund issued by Schwab ETFs with $108 billion in assets. It holds an overall rank of #5 out of 458 tracked ETFs and sits at #2 of 20 within its category. The fund carries a B+ grade with a score of 84.2/100 and an expense ratio of 0.06%, which is significantly lower than the category median of 0.29%. Its dividend yield of 3.18% exceeds the category median of 2.86%, reflecting its income focus. The top 10 holdings comprise 43.6% of assets, with QUALCOMM Inc representing the largest single position at 6.7%.

The fund has delivered a 1-year return of +25.78%, outperforming the category median of +13.79% by a wide margin. Short-term momentum shows a divergence, with a 1-month decline of -1.98% contrasting against a 3-month gain of +3.13%. Year-to-date performance stands at +22.49%, while the 3-year return is +57.79%. The current price of $33.15 places the fund at 76.0% of its 52-week range. The ETFValuer grade of B+ has remained unchanged over the last 35 tracked days, though price history is available for only 3.0 years.

With a beta of 0.56, the fund exhibits lower sensitivity to market movements compared to the broader index. Annualized volatility is recorded at 11.27%, which is labeled as Low, contributing to a Sharpe ratio of 1.84. The maximum drawdown of -16.12% indicates the peak-to-trough decline during the observed period. Liquidity is robust, supported by an average daily volume of 22,660,412 shares. These metrics collectively describe a risk profile that has been relatively stable and efficient in generating returns relative to the risk taken.

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 5 of the same companies as SCHD's top 10 (18.8% 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: 5.28% (as of 2026-10-07) — 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): 15.08 (as of 2026-10-07) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SCHD Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 22.7M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $108B 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