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Schwab U.S. Dividend Equity ETF
SCHD (Schwab U.S. Dividend Equity ETF) is an index US Dividend Equity ETF by Schwab. With a 0.06% MER, it provides diversified exposure through 95 holdings. Quarterly distribution with a 3.44% yield.
SCHD by Schwab is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.06% MER makes it one of the most cost-effective options in its category. It pays a quarterly distribution with a 3.44% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.