The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is a popular index fund, tied to the Dow Jones U.S. Dividend 100 index. The index and fund focus on generous, high-quality dividend policies. As a result, the ETF is centered around the classic dividend payer sectors of energy, consumer staples, and healthcare.
This is indeed a very popular fund. With $70.1 billion of assets under management, the Schwab Dividend Equity fund ranks among the 30 largest exchange-traded funds (ETFs) today.
But is it a good ETF to buy today? Let’s dive a little deeper into the Schwab U.S. Dividend Equity ETF.