SCHD ETF Records Modest Gains Amid Steady Dividend Focus
The Schwab U.S. Dividend Equity ETF (SCHD) edged up 0.11% on Thursday, extending its five-day rally to 3.22%. Year-to-date performance remains subdued at 2.33%, reflecting the cautious appetite for yield-focused equities in current markets.
Net inflows of $3 million over five days suggest measured investor confidence. The fund's Moderate Buy rating and $30.50 price target imply a potential 12% upside, with Oxford Industries and FMC Corp. leading its highest-conviction holdings.
Seven of ten Smart Score metrics signal expected market-par performance. This aligns with SCHD's design—tracking the Dow Jones U.S. Dividend 100 Index to deliver consistent income through volatile cycles.