SCHD is an ETF aiming to track the Dow Jones U.S. Dividend 100 Index. It holds about 100 US dividend-paying companies selected using dividend history and financial strength, across multiple industries.
History and development
SCHD began on October 20, 2011. Its index-based design combines dividends with financial-quality criteria rather than selecting companies solely for high yields. That combination helps explain how its original approach differs from a simple ranking of the highest-paying US stocks.
References: Schwab: SCHD
Comparing charts on this board
Compare SCHD with VYM, HDV and SPYD to see differences within the dividend theme. SCHD's dividend and financial screens differ from yield-led selection or equal weighting; widening gaps invite a look at sectors and constituents.
Add VTI to track dividend stocks against the wider market. Use price returns for short-term relative strength and distribution-reinvested returns for long-term performance, accounting for ex-dividend price adjustments.
Related charts: VYM · HDV · SPYD · VTI
Official references: Schwab: SCHD