The Schwab U.S. Dividend Equity ETF has seen a 24% increase in assets over the past year, surpassing other dividend funds. While its price gains trail the market, its high dividend yield appeals to patient investors and income seekers. The fund is tied to the Dow Jones U.S. Dividend 100 index and focuses on sectors like energy, consumer staples, and healthcare, with $70.1 billion in assets under management. Despite underperforming the S&P 500 in price gains, it boasts a higher average yield of 3.1%, resulting in a total return of 11.1% annually over the past decade when dividends are reinvested. The fund also offers an above-average 4% dividend yield and includes top holdings like Coca-Cola, The Home Depot, and Chevron. With an expense ratio of 0.06%, it provides a low-cost option for income investors interested in large-cap value investments.
Read more at Yahoo Finance: Is the Schwab U.S. Dividend Equity ETF a Buy Now?