ETF PROFILE · DIVIDEND

SCHD — Schwab U.S. Dividend Equity ETF

SCHD is a passive U.S. dividend ETF tracking the Dow Jones U.S. Dividend 100 Index, with an emphasis on dividend quality and established companies.

Fund data verified September 29, 2026 · Educational research

Fund Snapshot

  • Issuer: Schwab Asset Management
  • Index: Dow Jones U.S. Dividend 100 Index
  • Expense ratio: 0.06%
  • Holdings: 102 (Sept. 10, 2026)
  • 30-day SEC yield: 3.23% (Sept. 9, 2026)
  • Net assets: $110.53B (Sept. 10, 2026)
  • Inception: October 20, 2011

OVERVIEW

What SCHD Is Designed to Do

SCHD seeks to track a dividend-focused U.S. equity index. Unlike a broad market-cap index, its methodology selects and weights a smaller group of dividend-paying companies according to index rules.

As of mid-September 2026, the portfolio held 102 positions. Health care, consumer staples and energy were among its largest sector exposures, making its factor and sector profile materially different from a broad growth-heavy index.

Income & Portfolio Metrics

TTM distribution yield: 3.13% (July 31, 2026)

Portfolio turnover: 40.88% (July 31, 2026)

Largest recent holdings: Qualcomm, Texas Instruments, Procter & Gamble, Coca-Cola and Merck were among the largest positions in late September 2026.

Key Risks

A dividend screen can create sector tilts and may lag when non-dividend growth stocks dominate market returns. Dividend payments can also be reduced or eliminated.

  • Equity-market drawdowns
  • Dividend-factor concentration
  • Sector tilts
  • Dividend cuts
  • Index-methodology risk

Primary source: Schwab Asset Management — SCHD. Holdings, yields and asset values change over time.