Schwab U.S. Dividend Equity ETF
ALTAR
Score™
7.5% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
14.8x P/Sales
ratio
1.6x
P/BV
ratio
3.4x Div.
yield
3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab US Dividend Equity ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Dow Jones Dividend 100 Index.

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab Investment Mana
Website www.schwabetfs.com
Inception date Oct 20, 2011
Assets (mns) $11,680
Currency USD
Expense ratio 6 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 100
Wgt avg mkt cap (mns) $138,686
Large cap (>$10bn) 95.0%
Mid cap ($2-10bn) 4.7%
Small cap (<$2bn) 0.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
HOME DEPOT INC 5.1 %
INTEL CORP 5.0 %
COCA-COLA CO/THE 4.9 %
PEPSICO INC 4.7 %
BRISTOL-MYERS SQUIBB CO 4.6 %
PROCTER & GAMBLE CO/THE 4.5 %
VERIZON COMMUNICATIONS INC 4.2 %
PFIZER INC 4.1 %
INTL BUSINESS MACHINES CORP 4.1 %
EXXON MOBIL CORP 3.8 %
Total 45.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.8 %
IRELAND 1.4 %
SWITZERLAND 0.4 %
BRITAIN 0.1 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.8% 17.9% 11.3% -- 13.4%

Market Correlations
versus... Beta R-squared
S&P500 0.97 92%
MSCI EAFE 0.90 67%
MSCI Emg. Mkts. 0.61 52%

Technical Indicators
Recent close $56.40
30d moving avg. $58.49
Annualized volatility 12.2%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.1%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 1,059
Turnover 0.5%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $20,833

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Schwab U.S. Dividend Equity ETF ETF based on the alternatives' overlap in portfolio holdings with SCHD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SCHD Expense: 6 bp ALTAR Score™: 7.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SCHD
Ticker Fund
Name
Overlap1
vs SCHD
(%)
Expense
ratio
(bp)
Savings
vs SCHD
(bp)
ALTAR
Score™
(%)
ALTAR
vs SCHD
(%)
OUSA O'Shares FTSE US Quality Dividend ETF 39.0 48 -42 6.1 -1.4
OYLD Invesco Russell 1000 Yield Factor ETF 37.1 19 -13 7.4 -0.2
DURA VanEck Vectors Morningstar Durable Dividend ETF 36.9 29 -23 6.9 -0.6
HDV iShares Core High Dividend ETF 36.6 8 -2 7.2 -0.3
VYM Vanguard High Dividend Yield Index ETF 34.6 6 0 7.4 -0.2
USDY Pacific Global US Equity Income ETF 34.1 29 -23 7.7 +0.2
DHS WisdomTree U.S. High Dividend Fund 34.1 38 -32 7.9 +0.4
NULV Nuveen ESG Large-Cap Value ETF 33.5 35 -29 6.9 -0.6
DJD Invesco Dow Jones Industrial Average Dividend ETF 32.5 7 -1 7.6 +0.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 31.9 28 -22 7.4 -0.2
JKF iShares Morningstar Large Cap Value ETF 30.0 25 -19 7.9 +0.3
EDOW First Trust Dow 30 Equal Weight ETF 29.8 50 -44 6.4 -1.1
RAFE PIMCO RAFI ESG U.S. ETF 29.6 29 -23 8.2 +0.6
QDIV Global X S&P 500 Quality Dividend ETF 28.4 20 -14 7.9 +0.3
RNDV US Equity Dividend Select ETF 27.6 50 -44 8.0 +0.5
FLQL Franklin LibertyQ U.S. Equity ETF 27.5 15 -9 6.8 -0.8
FDL First Trust Morningstar Dividend Leaders Index Fund 27.1 45 -39 8.7 +1.2
PFM Invesco Dividend Achievers ETF 26.9 54 -48 5.3 -2.2
ESGL Invesco ESG Revenue ETF 26.7 40 -34 8.4 +0.9
DVY iShares Select Dividend ETF 26.6 39 -33 7.8 +0.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Schwab U.S. Dividend Equity ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 25.2 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 6 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.67 CATEGORY
AVERAGE
1.56
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.