SCHD ETF is beating S&P 500 and Nasdaq 100: does it have more upside?

The Schwab US Dividend Equity (SCHD) ETF hit a record high and finished the week at $32.83, lifting year-to-date gains to nearly 20%. The move signals strong investor demand for dividend equities and positive momentum in the ETF. The update is supportive for sentiment but is likely to have limited broader market impact.

Analysis

The Schwab US Dividend Equity (SCHD) ETF hit a record high and finished the week at $32.83, lifting year-to-date gains to nearly 20%. The move signals strong investor demand for dividend equities and positive momentum in the ETF. The update is supportive for sentiment but is likely to have limited broader market impact.