SCHD作为对标准普尔500指数的对冲，具有强劲的总回报和股息增长，使其成为适合收入投资者的重要持仓。
逐段跳播
然后我们在股息ETF SCHD中持有相当大的一笔资金。现在，这本身就是一个完整的话题，人们对SCHD有强烈的看法。但现实是，到目前为止，我们看到SCHD今年迄今的总回报非常惊人，上涨了23.7%，跑赢了DGRO和VIG等其他股息ETF，甚至大幅跑赢标普500指数。
如果我们将时间拉长到过去一年，SCHD现在的总回报接近32%，跑赢了所有同行。现在，我知道很多人会提出反驳，而且这是非常合理的反驳。我完全同意。SCHD在过去十年中确实表现不佳，至少相对于标普500指数而言，但并没有你想象的那么差。
但很多人忽略的是，在过去十年的大部分时间里，SCHD实际上跑赢了标普500指数。但后来，当AI热潮在2023年底开始时，科技股开始上涨，这才使得标普500指数的表现超过了SCHD。
但很多人从未真正理解的是，因为这一点很少被讨论。SCHD自2011年才存在，但它追踪的指数——道琼斯美国股息100指数——的回测数据可以追溯到更早。所以，我们必须理解的是，当我们看1999年到2025年的回报时，道琼斯美国股息100指数的年化总回报为10.5%，而同期标普500指数的年化总回报为8.2%。
所以，现实是，如果你看SCHD追踪的指数自1999年以来的表现，它跑赢了标普500指数。这其实不应该让人感到意外，因为大多数时候，像SCHD这样持有更多价值股息风格持仓的基金相对于标普500指数的超额表现，都发生在市场回调期间。
所以，从某种意义上说，SCHD是对标普500指数的一种对冲，同时还能产生非常强劲的总回报，提供超过3%的非常不错的初始收益率，当然，还有历史上一直保持两位数的股息增长。所以，很容易理解为什么一个希望有一天靠股息生活的人会把SCHD作为投资组合中的一大持仓。
and then we have a nice chunk of change in the dividend ETF SCHD. Now, this is an entire conversation in itself, and people have strong opinions about SCHD. But, here's the reality. What we've seen so far in SCHD is just tremendous total returns year-to-date. It's up 23.7% outperforming other dividend ETFs like DGRO and VIG, and even outperforming the S&P 500 by a wide margin. If we zoom out over the last year, SCHD now has a total return of nearly 32% outperforming all of its peers. Now, here's the pushback that I know a lot of people are thinking, and it's very fair pushback. I completely agree. SCHD has definitely underperformed over the last decade, at least relative to the S&P 500, but not by nearly as much as you would suspect. But, here's what a lot of people miss. For a lot of the last decade, SCHD was actually outperforming the S&P 500. But, then when we had the AI boom, starting in late 2023, tech started to run, and that's what pushed the S&P 500's performance past SCHD. But, here's what a lot of people have never really come to understand. It's because it doesn't get discussed very often. SCHD has only existed since 2011, but the index that it tracks, the Dow Jones US Dividend 100 Index, has back-tested data going all the way back much further. So, here's what we have to understand. When we look at the returns from 1999 to 2025, the Dow Jones US Dividend 100 Index has a 10.5% annualized total return, while the S&P 500 during that same time period 8.2% annualized total return. So, the reality is if you look at the performance of the index that SCHD tracks since 1999, it's outperforming the S&P 500. Now, this really shouldn't come as a huge surprise because most of the time, the outperformance for funds like SCHD that have more value dividend style holdings versus the S&P 500, the outperformance happens during market pullbacks. So, in a sense, SCHD is a hedge against the S&P 500 while also producing incredibly strong total returns, providing a very nice starting yield of above 3%, and of course, dividend growth that historically speaking has been in the double digits. So, it's easy to see why someone looking to one day live off dividends would make SCHD a large holding in their portfolio.
这个频道对 $SCHD 的历次判断
Dividendology 在这只股票上共 2 条判断，这里只列相邻的几条。