SCHD ETF Faces Mixed Performance Amid Market Volatility
The Schwab U.S. Dividend Equity ETF (SCHD) declined 2.35% over the past five days but eked out a marginal 0.04% year-to-date gain. Thursday saw a 0.78% drop as investors gravitated toward stable, income-focused stocks during ongoing market turbulence. A slight rebound of 0.08% emerged in Friday’s pre-market trading, signaling persistent interest in defensive dividend plays.
Analyst consensus rates SCHD as a Moderate Buy, with a $30.69 average price target suggesting 15.50% upside potential. Top holdings with bullish outlooks include Ovintiv (OVV) and Schlumberger (SLB), while Skyworks Solutions (SWKS) and Ford Motor (F) anchor the downside risks. The ETF’s Smart Score of seven indicates expected market-aligned performance.