SCHD: Schwab U.S. Dividend Equity ETF

What does SCHD hold?#

This fund owns shares of about 100 US companies that have paid dividends for at least 10 years in a row. The index picks them using measures like debt, profits, dividend size, and how fast dividends have grown. Dividends are cash payments that companies share with their owners.

It tracks the Dow Jones U.S. Dividend 100 Index. It had 98 holdings as of February 28, 2026, according to Schwab.

What is the SCHD expense ratio?#

SCHD charges 0.06% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.06% fee comes to about $6 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has SCHD done since 2011?#

From October 2011 to October 2026, SCHD returned about 13.5% a year. Say you put in $10,000 at the start. It would have been worth about $66,323 at the end, with every dividend reinvested.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

SCHD returns by year#

What was SCHD’s worst drop?#

A drawdown is how far a fund falls from its last high point. SCHD’s worst fall was −33.4%, from January 23, 2020 to March 23, 2020. It got back to that high on September 2, 2020.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold SCHD?#

No classic strategy holds SCHD yet. You can add it to your own rules in the builder and see how they would have done.

How does SCHD compare with similar ETFs?#

Side-by-side pages measure both funds over the same dates:

• SCHD vs VYM: two dividend stock funds that pick companies in different ways.

Funds that can stand in for SCHD:

• VYM: Vanguard High Dividend Yield ETF, 0.04% a year
• SPYD: State Street SPDR Portfolio S&P 500 High Dividend ETF, 0.07% a year
• HDV: iShares Core High Dividend ETF, 0.08% a year
• SPHD: Invesco S&P 500 High Dividend Low Volatility ETF, 0.3% a year

See all 8 SCHD alternatives, compared on the same dates as SCHD.

Test SCHD in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add SCHD, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for SCHD. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from Schwab. We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.