The Schwab US Dividend Equity ETF (AMEX:SCHD) has been a popular choice among investors looking for reasonably priced options that offer higher-than-average yields. As one of the best high-yield ETFs, SCHD has gained significant attention in recent times. In this article, we will provide an overview of the ETF's recent performance and offer predictions for its future prospects.
SCHD, currently priced at $73.52, is an exchange-traded fund that seeks to track the performance of the Dow Jones U.S. Dividend 100 Index. This index includes 100 stocks that have a history of consistently paying dividends and have demonstrated stability in their dividend payments. The ETF focuses on companies with strong fundamentals and the ability to sustain dividend payments.
Over the past year, SCHD has shown resilience in the face of market volatility. Despite various economic challenges, the ETF has managed to deliver solid returns to its investors. However, it is important to note that past performance does not guarantee future results. Investors should conduct thorough research and analysis before making any investment decisions.