How is SCHD stock faring? The Schwab U.S. Dividend Equity ETF (SCHD) is down 0.07% in pre-market trading today. The ETF also slipped on Tuesday, falling 0.44% to $27.00, as investors pulled back from dividend-heavy funds and shifted toward growth and tech stocks ahead of the Federal Reserve’s policy decision.
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Meanwhile, the SCHD is up 0.26% in the past five days and 1.66% year-to-date.
Fund Flows and Sentiment
The SCHD ETF tracks the performance of high-dividend U.S. stocks from the Dow Jones U.S. Dividend 100 Index. According to TipRanks data, SCHD recorded 5-day net flows of about -$31 million, indicating that over the last five trading days, investors withdrew more money from the SCHD ETF than they added.
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 $30.56 implies an upside of 13.20%.
Currently, SCHD’s five holdings with the highest upside potential are Coterra Energy (CTRA), Ovintiv (OVV), AMERISAFE, Inc. (AMSF), Kforce (KFRC), and Inter Parfums (IPAR).
Meanwhile, its five holdings with the greatest downside potential are Skyworks Solutions (SWKS), Best Buy Co. (BBY), Carter’s (CRI), Western Union (WU), and Ford Motor (F).
Revealingly, SCHD ETF’s Smart Score is seven, implying that this ETF will likely perform in line with the market.
What to Watch Next
All eyes are on the Fed’s interest rate decision on October 29, which could determine whether dividend yields stay attractive relative to bonds.
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