The Schwab U.S. Dividend Equity ETF (SCHD), which tracks high-dividend U.S. stocks in the Dow Jones U.S. Dividend 100 Index, lost 0.46% in pre-market trading on Wednesday as it traded ex-dividend, with the price adjusting for its latest payout. Falling oil prices, driven by hopes of a U.S.–Iran peace deal, also weighed on SCHD’s energy holdings.
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Overall, SCHD has lost 0.68% over the past five days but has gained 8.19% in 2025, supported by steady dividend income and its focus on mature companies with stable cash flows.
SCHD’s Price Forecasts and Holdings
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, SCHD is a Moderate Buy. The Street’s average price target of $33.22 implies an upside of 8.42%.
Currently, SCHD’s five holdings with the highest upside potential are:
Meanwhile, its five holdings with the greatest downside potential are:
- APA Corp. (APA)
- CF Industries Holdings (CF)
- Valero Energy (VLO)
- Archer Daniels Midland (ADM)
- LyondellBasell (LYB)
Revealingly, SCHD ETF’s Smart Score is seven, implying that this ETF will likely perform in line with the market.
Does SCHD Pay Dividends?
Yes, SCHD pays dividends on a quarterly basis, using the cash income generated by its underlying holdings. In fact, the ETF is a dividend specialist, meaning it only owns companies with at least 10 years of consistent payments. The fund currently offers a yield of about 3.43%, compared with roughly 1.18% for the Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 (SPX).