The Schwab U.S. Dividend Equity ETF has a strong track record, with an average annual return of 12.3% since inception in 2011. While $2,000 invested could grow significantly, it likely wouldn’t make you a millionaire without additional contributions over time.

The fund focuses on tracking the Dow Jones U.S. Dividend 100 Index, aiming to include high-quality dividend growth stocks. Historically, dividend growers have outperformed other types of stocks, making this ETF a potentially lucrative long-term investment.

Investing in the Schwab U.S. Dividend Equity ETF could lead to substantial returns over time, but reaching $1 million solely with a $2,000 investment may be a challenge. Making regular contributions can accelerate wealth accumulation, with the fund’s past performance indicating strong potential for future growth.

Read more at Yahoo Finance: Could Investing $2,000 in the Schwab U.S. Dividend Equity ETF Make You a Millionaire?