How is SCHD stock faring? The Schwab U.S. Dividend Equity ETF is down 2.08% in the past five days but up 0.26% year-to-date.
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What Moved the SCHD ETF?
The SCHD ETF, which tracks the performance of high-dividend U.S. stocks from the Dow Jones U.S. Dividend 100 Index, gained 0.90% on Tuesday as investors favored stable, income-focused stocks amid ongoing market volatility. Also, the SCHD ETF was up 0.15% in Wednesday’s pre-market trading, as steady dividend payouts continued to draw interest from defensive investors.
Meanwhile, its 5-day net flows totaled -$119 million, indicating that over the last five trading days, investors withdrew more money from the SCHD ETF than they added.
Today’s SCHD ETF Performance
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 $30.13 implies an upside of 13.68%.
Currently, SCHD’s five holdings with the highest upside potential are Ovintiv (OVV), Schlumberger (SLB), AMERISAFE, Inc. (AMSF), Coterra Energy (CTRA), and Inter Parfums (IPAR).
Meanwhile, its five holdings with the greatest downside potential are Skyworks Solutions (SWKS), Murphy Oil (MUR), Carter’s (CRI), Comerica (CMA), and American Financial Group (AFG).
Revealingly, SCHD ETF’s Smart Score is seven, implying that this ETF will likely perform in line with the market.
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