SCHD ETF Faces Pressure as Investors Shift to Growth and Tech Stocks
The Schwab U.S. Dividend Equity ETF (SCHD) declined 0.30% in pre-market trading, extending Thursday's 0.22% drop to $26.68. Dividend-focused funds are losing favor as capital rotates toward growth and technology equities.
Year-to-date performance remains marginally positive at 0.45%, but the ETF has shed 1.39% over the past five trading sessions. Outflows totaling $97 million during this period reflect weakening investor appetite for dividend strategies.
Analyst consensus maintains a Moderate Buy rating, with a $30.46 price target suggesting 14.17% upside potential. Top holdings with bullish outlooks include Coterra Energy and Inter Parfums, while Murphy Oil and Best Buy anchor the downside risks.