I have own this in a couple accounts, including Kiwisaver. Seems to be surging, likely as a defensive investment. I have been DRIPping this one for years.
The Schwab U.S. Dividend Equity ETF (SCHD) reached all-time highs, up 11.19% year-to-date as of February 3, closing at $31.01 on February 4 after a 5% weekly gain. It tracks 100 high-quality U.S. companies with consistent dividends, a low 0.06% expense ratio, $71 billion in assets, and a 3.82% yield from holdings like Bristol-Myers Squibb, Merck, and Chevron that have grown payouts 11% annually. While growth stocks falter amid AI fears, SCHD benefits from strength in energy, defense, and healthcare, prompting holders to share green charts and gains like 20.74% unrealized profits, calling it the best passive income around.
Nice. I run a couple of global dividend funds in the Income Portfolio. They're great. Not only reasonable income, but global geographic diversification to boot
IDV iShares International Select Dividend ETF
DTH WisdomTree International High Dividend Fund
I tend to take the cash, accumulate it in the custodians cash account as a way to fund buying into other investments.