2024-04-29 22:58:25 ET
Summary
- Schwab's U.S. Dividend Equity ETF has underperformed the broader market by nearly 30% in the last two years.
- Despite this underperformance, investors in the fund need not worry if they are in it for the right reasons - SCHD has been delivering on its goals for income investors.
- If you're worried about underperformance, you're probably in the wrong vehicle.
- We reiterate our 'Hold' rating on SCHD; the fund's underlying index and stock selection process should continue to deliver quality dividends to investors.
In case you've been living under a rock, it's been a bad time to be an investor in the Schwab U.S. Dividend Equity ETF ( SCHD ).
After putting in a relatively underwhelming performance over the last two years, many investors are wondering if the ETF is 'broken', as the fund has underperformed the broader market by nearly 30%:
Read the full article on Seeking Alpha
For further details see:
SCHD: Don't Fret About Recent Underperformance