SCHD Holdings — Top 100 Companies & Sector Breakdown
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SCHD (Schwab U.S. Dividend Equity ETF™) tracks the Dow Jones U.S. Dividend 100 Index, which selects companies using a rules-based, four-factor screen — cash flow to total debt, return on equity, dividend yield, and five-year dividend growth. Read more about that methodology on our About page. Below is the fund's full current portfolio, sourced directly from Schwab's official holdings file and cross-checked against Schwab's fund page.
Equity Holdings
98 companies
Total Positions
102
Top 10 Weight
41.82%
Largest Sector
Health Care
Holdings as of
September 11, 2026
Total positions includes 98 equity holdings plus a small cash/futures position for liquidity management (see below).
Top 10 SCHD Holdings
The fund's ten largest positions make up nearly 42% of total assets — a useful gauge of concentration risk before scrolling the full list below.
| Rank | Symbol | Company | % of Assets |
|---|---|---|---|
| 1 | MRK | MERCK & CO INC | 4.77% |
| 2 | ABT | ABBOTT LABORATORIES | 4.44% |
| 3 | CVX | CHEVRON CORP | 4.29% |
| 4 | KO | COCA-COLA | 4.26% |
| 5 | AMGN | AMGEN INC | 4.24% |
| 6 | COP | CONOCOPHILLIPS | 4.19% |
| 7 | VZ | VERIZON COMMUNICATIONS INC | 4.12% |
| 8 | PG | PROCTER & GAMBLE | 3.94% |
| 9 | UNH | UNITEDHEALTH GROUP INC | 3.82% |
| 10 | HD | HOME DEPOT INC | 3.75% |
SCHD Sector Breakdown
Sector weights below are computed directly from the same 98-holding dataset as the full table further down, so the two will always stay in sync. Sectors follow Schwab's published GICS classifications.
| Sector | % of Assets |
|---|---|
| Health Care | 20.52% |
| Consumer Staples | 19.60% |
| Energy | 16.45% |
| Industrials | 11.44% |
| Financials | 9.61% |
| Information Technology | 8.90% |
| Consumer Discretionary | 6.83% |
| Communication Services | 6.49% |
| Utilities | 0.09% |
Health Care and Consumer Staples together account for over 40% of the fund — a defensive tilt that's characteristic of SCHD's quality-and-yield screening approach, and worth knowing if you're already overweight those sectors elsewhere in your portfolio.
Sector percentages are computed from the current holdings file rather than Schwab's separately-published quarterly sector report, so figures may differ slightly from Schwab's own sector page depending on update timing.
Full List: All 98 SCHD Equity Holdings
| # | Symbol | Company | % of Assets | Sector |
|---|---|---|---|---|
| 1 | MRK | MERCK & CO INC | 4.77% | Health Care |
| 2 | ABT | ABBOTT LABORATORIES | 4.44% | Health Care |
| 3 | CVX | CHEVRON CORP | 4.29% | Energy |
| 4 | KO | COCA-COLA | 4.26% | Consumer Staples |
| 5 | AMGN | AMGEN INC | 4.24% | Health Care |
| 6 | COP | CONOCOPHILLIPS | 4.19% | Energy |
| 7 | VZ | VERIZON COMMUNICATIONS INC | 4.12% | Communication Services |
| 8 | PG | PROCTER & GAMBLE | 3.94% | Consumer Staples |
| 9 | UNH | UNITEDHEALTH GROUP INC | 3.82% | Health Care |
| 10 | HD | HOME DEPOT INC | 3.75% | Consumer Discretionary |
| 11 | PEP | PEPSICO INC | 3.63% | Consumer Staples |
| 12 | TXN | TEXAS INSTRUMENT INC | 3.31% | Information Technology |
| 13 | BMY | BRISTOL MYERS SQUIBB | 3.25% | Health Care |
| 14 | MO | ALTRIA GROUP INC | 2.88% | Consumer Staples |
| 15 | ACN | ACCENTURE PLC CLASS A | 2.83% | Information Technology |
| 16 | QCOM | QUALCOMM INC | 2.76% | Information Technology |
| 17 | ADP | AUTOMATIC DATA PROCESSING INC | 2.68% | Industrials |
| 18 | LMT | LOCKHEED MARTIN CORP | 2.66% | Industrials |
| 19 | BX | BLACKSTONE INC | 2.39% | Financials |
| 20 | CMCSA | COMCAST CORP CLASS A | 2.25% | Communication Services |
| 21 | SLB | SLB NV | 2.10% | Energy |
| 22 | EOG | EOG RESOURCES INC | 1.96% | Energy |
| 23 | UPS | UNITED PARCEL SERVICE INC CLASS B | 1.87% | Industrials |
| 24 | TGT | TARGET CORP | 1.77% | Consumer Staples |
| 25 | OKE | ONEOK INC | 1.52% | Energy |
| 26 | DVN | DEVON ENERGY CORP | 1.45% | Energy |
| 27 | FAST | FASTENAL | 1.42% | Industrials |
| 28 | F | FORD MOTOR | 1.37% | Consumer Discretionary |
| 29 | FITB | FIFTH THIRD BANCORP | 1.24% | Financials |
| 30 | ADM | ARCHER DANIELS MIDLAND | 1.05% | Consumer Staples |
| 31 | PAYX | PAYCHEX INC | 0.93% | Industrials |
| 32 | KMB | KIMBERLY CLARK CORP | 0.82% | Consumer Staples |
| 33 | ARES | ARES MANAGEMENT CORP CLASS A | 0.69% | Financials |
| 34 | CINF | CINCINNATI FINANCIAL CORP | 0.66% | Financials |
| 35 | RF | REGIONS FINANCIAL CORP | 0.64% | Financials |
| 36 | HSY | HERSHEY FOODS | 0.64% | Consumer Staples |
| 37 | DRI | DARDEN RESTAURANTS INC | 0.60% | Consumer Discretionary |
| 38 | PFG | PRINCIPAL FINANCIAL GROUP INC | 0.57% | Financials |
| 39 | TROW | T ROWE PRICE GROUP INC | 0.57% | Financials |
| 40 | SNA | SNAP ON INC | 0.49% | Industrials |
| 41 | BR | BROADRIDGE FINANCIAL SOLUTIONS INC | 0.49% | Industrials |
| 42 | GIS | GENERAL MILLS INC | 0.48% | Consumer Staples |
| 43 | BBY | BEST BUY INC | 0.45% | Consumer Discretionary |
| 44 | EWBC | EAST WEST BANCORP INC | 0.44% | Financials |
| 45 | DINO | HF SINCLAIR CORP | 0.41% | Energy |
| 46 | APA | APA CORP | 0.40% | Energy |
| 47 | FNF | FIDELITY NATIONAL FINANCIAL INC | 0.28% | Financials |
| 48 | WSO | WATSCO INC | 0.28% | Industrials |
| 49 | AFG | AMERICAN FINANCIAL GROUP INC | 0.24% | Financials |
| 50 | ORI | OLD REPUBLIC INTERNATIONAL CORP | 0.23% | Financials |
| 51 | BAH | BOOZ ALLEN HAMILTON HOLDING CORP C | 0.23% | Industrials |
| 52 | COLB | COLUMBIA BANKING SYSTEM INC | 0.22% | Financials |
| 53 | ALV | AUTOLIV INC | 0.21% | Consumer Discretionary |
| 54 | ERIE | ERIE INDEMNITY CLASS A | 0.16% | Financials |
| 55 | M | MACYS INC | 0.15% | Consumer Discretionary |
| 56 | MSM | MSC INDUSTRIAL INC CLASS A | 0.14% | Industrials |
| 57 | MUR | MURPHY OIL CORP | 0.13% | Energy |
| 58 | OZK | BANK OZK | 0.13% | Financials |
| 59 | MTN | VAIL RESORTS INC | 0.12% | Consumer Discretionary |
| 60 | NXST | NEXSTAR MEDIA GROUP INC | 0.12% | Communication Services |
| 61 | MC | MOELIS CLASS A | 0.12% | Financials |
| 62 | FHI | FEDERATED HERMES INC CLASS B | 0.11% | Financials |
| 63 | KFY | KORN FERRY | 0.10% | Industrials |
| 64 | PAG | PENSKE AUTOMOTIVE GROUP VOTING INC | 0.10% | Consumer Discretionary |
| 65 | RHI | ROBERT HALF INC | 0.09% | Industrials |
| 66 | CWEN | CLEARWAY ENERGY INC CLASS C | 0.09% | Utilities |
| 67 | CVBF | CVB FINANCIAL CORP | 0.09% | Financials |
| 68 | APAM | ARTISAN PARTNERS ASSET MANAGEMENT | 0.07% | Financials |
| 69 | BANR | BANNER CORP | 0.06% | Financials |
| 70 | OFG | OFG BANCORP | 0.06% | Financials |
| 71 | WU | WESTERN UNION | 0.05% | Financials |
| 72 | AGM | FEDERAL AGRICULTURAL MORTGAGE NON | 0.05% | Financials |
| 73 | MZTI | MARZETTI | 0.05% | Consumer Staples |
| 74 | CNS | COHEN & STEERS INC | 0.05% | Financials |
| 75 | IPAR | INTERPARFUMS INC | 0.05% | Consumer Staples |
| 76 | CHCO | CITY HOLDING | 0.05% | Financials |
| 77 | NBHC | NATIONAL BANK HOLDINGS CORP CLASS | 0.05% | Financials |
| 78 | GABC | GERMAN AMERICAN BANCORP INC | 0.05% | Financials |
| 79 | STBA | S AND T BANCORP INC | 0.05% | Financials |
| 80 | NSP | INSPERITY INC | 0.05% | Industrials |
| 81 | SRCE | 1ST SOURCE CORP | 0.04% | Financials |
| 82 | LKFN | LAKELAND FINANCIAL CORP | 0.04% | Financials |
| 83 | FLO | FLOWERS FOODS INC | 0.03% | Consumer Staples |
| 84 | BKE | BUCKLE INC | 0.03% | Consumer Discretionary |
| 85 | WEN | WENDYS | 0.03% | Consumer Discretionary |
| 86 | PFBC | PREFERRED BANK | 0.03% | Financials |
| 87 | CNA | CNA FINANCIAL CORP | 0.03% | Financials |
| 88 | CPF | CENTRAL PACIFIC FINANCIAL CORP | 0.02% | Financials |
| 89 | HAFC | HANMI FINANCIAL CORP | 0.02% | Financials |
| 90 | VRTS | VIRTUS INVESTMENT PARTNERS INC | 0.02% | Financials |
| 91 | THFF | FIRST FINANCIAL CORPORATION CORP | 0.02% | Financials |
| 92 | ORRF | ORRSTOWN FINANCIAL SERVICES INC | 0.02% | Financials |
| 93 | IBCP | INDEPENDENT BANK CORP | 0.02% | Financials |
| 94 | CCBG | CAPITAL CITY BANK INC | 0.02% | Financials |
| 95 | EBF | ENNIS INC | 0.01% | Industrials |
| 96 | ETD | ETHAN ALLEN INTERIORS INC | 0.01% | Consumer Discretionary |
| 97 | AMSF | AMERISAFE INC | 0.01% | Financials |
| 98 | OXM | OXFORD INDUSTRIES INC | 0.01% | Consumer Discretionary |
*Note: this table shows the fund's 98 equity holdings only. It excludes a small money-market cash position and two index futures contracts the fund also carries for liquidity management — see below.
How This Data Stays Current
Rebalance cadence: SCHD's underlying index, the Dow Jones U.S. Dividend 100 Index, reconstitutes annually each March, with quarterly rebalancing in June, September, and December to update constituent weights. Separately, S&P Dow Jones Indices runs a monthly dividend-sustainability review; a holding can be removed between scheduled rebalances if it cuts or eliminates its dividend. Single-stock weight is capped at 4.5% of the index, and no single industry can exceed 25%. For SCHD's dividend payment history and growth trends over time, see the SCHD Dividend History page.
Data source: Holdings are sourced from Schwab Asset Management's official fund holdings file, currently dated September 11, 2026, and are updated on the same cadence as the index above. This page will typically lag any index change by a few business days while we verify the new file against Schwab's published fund page.
Cash and futures position: In addition to its 98 equity holdings, the fund carries a small position in a government money market fund, plain cash, and two stock-index futures contracts (S&P MidCap 400 and DJIA), together representing roughly 0.06% of assets. These are standard tools funds use to manage daily cash flows and aren't investment selections in the way the equity holdings are — which is why they're broken out separately here rather than folded into the "holdings" count.
Independence: As noted on our About page, this site is built and maintained independently and has no affiliation with Charles Schwab Asset Management. We have no incentive to present this data more favorably than what Schwab itself publishes.
COMMON QUESTIONS
Frequently Asked Questions
How many stocks does SCHD hold? −
SCHD holds 98 individual company stocks as of September 11, 2026. The fund's total portfolio includes a few additional non-equity positions (cash and futures) used for liquidity management, bringing total reported positions to 102.
What's the difference between the Top 10 and the full holdings list? +
The Top 10 table highlights the fund's largest individual positions by weight — useful for a quick read on concentration risk. The full list below shows all 98 equity holdings, which is what you'd want if you're checking whether a specific company is in the fund or comparing sector exposure in detail.
How often does SCHD's holdings list change? +
The index SCHD tracks reconstitutes annually in March, with quarterly weight updates in June, September, and December. Occasional off-cycle removals can happen if a company cuts its dividend, per the index's monthly dividend review.
Does this match Schwab's official list exactly? +
Yes — this page is built directly from Schwab Asset Management's published fund holdings file, not a third-party estimate. If you spot a discrepancy against Schwab's own site, it likely means our data hasn't refreshed yet for a recent rebalance; check the "Holdings as of" date above.
Does SCHD hold different companies than similar dividend ETFs? +
Yes. SCHD's holdings are determined by a specific rules-based index methodology, so its exact constituents will differ from actively managed funds or ETFs built on different screening criteria (yield-only screens, dividend-growth-streak screens, etc.), even when they're all marketed as "dividend ETFs."
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