SCHD ETF Shows Modest Pre-Market Gain Amid Divergent Performance Trends
The Schwab U.S. Dividend Equity ETF (SCHD) edged 0.11% higher in pre-market trading, signaling tentative interest in dividend-paying value stocks. This minor uptick contrasts with a 1.85% weekly decline and 0.45% year-to-date drop, reflecting broader market uncertainty around income-focused strategies.
Investors pulled $9 million from SCHD over five days, as tracked by TipRanks' FLOW data. The ETF's Moderate Buy rating and $30.37 average price target suggest analysts see 14.31% upside potential, with energy names like Ovintiv and EOG Resources leading holdings with highest projected gains.