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Schwab ETF for Passive Income | Business and Finance News
Description
Looking to build passive income? The Schwab U.S. Dividend Equity ETF (SCHD) is a top contender, offering steady dividends from high-quality companies across sectors like healthcare and energy. With just 100 stocks, it strikes a balance between focused exposure and risk diversification. Boasting a low 0.06% expense ratio and a 3.1% yield, SCHD has delivered impressive growth—25% this year and 35% over five years (not including dividends). A solid foundation for long-term income, though always do your own research to match your goals.
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