SCHD holds 103 positions. As of August 13, 2026, the largest is Abbott Laboratories (ABT) at 4.78%, followed by Amgen 4.63% and Merck 4.42%. The top 10 holdings make up 41.40% of the fund, and the largest sector is Health Care at 21.05%.
- Total Positions
- 103
- #1 Position
- ABT 4.78%
- Top 10 Weight
- 41.40%
- Top Sector
- Health Care
- Common Stocks
- 99
SCHD ETF Holdings 2026
Every position SCHD holds — all 103 line items with portfolio weights, sectors, share counts, and market values. Search, sort, and filter the complete list.
What Stocks Does SCHD Hold in 2026?
The Schwab U.S. Dividend Equity ETF (SCHD) tracks the Dow Jones U.S. Dividend 100 Index, which selects high-quality dividend-paying U.S. stocks screened on free cash flow to total debt, return on equity, dividend yield, and five-year dividend growth rate. As of August 13, 2026, SCHD's holdings file lists 103 positions across 10 sectors — 99 common stocks plus a money market fund, a cash balance, and two index futures contracts.
Abbott Laboratories (ABT) is the fund's largest holding at 4.78% of assets, worth roughly $5.2 billion. Amgen (AMGN) sits just behind at 4.63%, with Merck (MRK) third at 4.42%. Healthcare names now occupy four of the top six spots, reflecting the defensive tilt that came out of the 2026 reconstitution.
SCHD is not heavily concentrated by large-fund standards. No single position exceeds 4.78%, and the top 10 holdings together account for 41.40% of assets — the index enforces a weight cap that prevents any one stock from dominating the portfolio.
Want the story behind the latest weight changes? See our SCHD Q2 2026 rebalance breakdown for gainers, reductions, and sector shifts, the 2026 reconstitution page for additions and removals, or run the numbers yourself in the SCHD dividend calculator.
What Changed Since August 5
Weight shifts in the top of the book over the last eight sessions. Percentage points, not percent.
SCHD Sector Breakdown
How SCHD's 103 positions are distributed across sectors, by portfolio weight. Tap any sector to filter the full holdings table below.
What the Sector Mix Tells You
Health Care (21.05%) and Consumer Staples (19.32%) together make up more than 40% of the fund — a defensive core built around Abbott, Amgen, Merck, UnitedHealth, Coca-Cola, Procter & Gamble, and PepsiCo. This is why SCHD tends to hold up better than the broad market in drawdowns and lag it in momentum-driven rallies. If you want the opposite exposure, our Top Growth ETFs list covers the other end of the spectrum.
Information Technology is only 8.75%, spread across just four names: Texas Instruments, Accenture, Qualcomm, and Skyworks. SCHD's screens require a meaningful dividend yield plus five years of dividend growth, which structurally excludes most large-cap growth technology. If you own SCHD expecting tech exposure, you don't have it.
Financials has the most names (39) but only 10.28% of weight — mostly small regional banks in the long tail, each under 0.80%. Sector count and sector weight are very different things in this fund.
Energy climbed to 14.94% this week, its highest reading of 2026, on strength in Chevron and ConocoPhillips. Energy is the sleeve most likely to swing SCHD's weight table between quarterly rebalances. See how energy income funds compare on the Top 100 Dividend ETFs leaderboard.
Complete SCHD Holdings List — All 103 Positions
Every line item in Schwab's official file, ranked by weight. Search by ticker or company name, filter by sector, or click any column header to sort.
| # | Ticker ↕ | Company ↕ | Weight % ↓ | Sector ↕ | Shares Held ↕ | Market Value ↕ |
|---|---|---|---|---|---|---|
| 1 | ABT | Abbott Laboratories | 4.78% | Health Care | 46,643,914 | $5.2B |
| 2 | AMGN | Amgen INC | 4.63% | Health Care | 12,018,005 | $5.0B |
| 3 | MRK | Merck & CO INC | 4.42% | Health Care | 35,437,931 | $4.8B |
| 4 | KO | Coca-cola | 4.16% | Consumer Staples | 51,609,398 | $4.5B |
| 5 | HD | Home Depot | 4.09% | Consumer Discretionary | 12,987,397 | $4.4B |
| 6 | UNH | Unitedhealth Group INC | 3.96% | Health Care | 10,781,444 | $4.3B |
| 7 | CVX | Chevron | 3.90% | Energy | 21,426,314 | $4.2B |
| 8 | VZ | Verizon Communications INC | 3.87% | Communication Services | 87,134,206 | $4.2B |
| 9 | PG | Procter & Gamble | 3.85% | Consumer Staples | 28,994,282 | $4.2B |
| 10 | COP | Conocophillips | 3.74% | Energy | 32,624,455 | $4.1B |
| 11 | PEP | Pepsico INC | 3.69% | Consumer Staples | 28,516,673 | $4.0B |
| 12 | TXN | Texas Instrument INC | 3.32% | Information Technology | 13,171,815 | $3.6B |
| 13 | BMY | Bristol Myers Squibb | 3.26% | Health Care | 54,684,358 | $3.5B |
| 14 | LMT | Lockheed Martin Corp | 2.99% | Industrials | 5,433,310 | $3.2B |
| 15 | BX | Blackstone | 2.74% | Financials | 19,892,915 | $3.0B |
| 16 | ADP | Automatic Data Processing INC | 2.72% | Industrials | 10,704,154 | $3.0B |
| 17 | ACN | Accenture PLC Class A | 2.70% | Information Technology | 16,440,484 | $2.9B |
| 18 | MO | Altria Group INC | 2.68% | Consumer Staples | 44,717,471 | $2.9B |
| 19 | QCOM | Qualcomm | 2.47% | Information Technology | 16,258,263 | $2.7B |
| 20 | CMCSA | Comcast Class A | 2.30% | Communication Services | 95,407,983 | $2.5B |
| 21 | UPS | United Parcel Service INC Class B | 1.94% | Industrials | 19,992,354 | $2.1B |
| 22 | SLB | SLB NV | 1.92% | Energy | 40,035,687 | $2.1B |
| 23 | EOG | EOG Resources | 1.86% | Energy | 14,262,676 | $2.0B |
| 24 | TGT | Target Corp | 1.74% | Consumer Staples | 12,161,997 | $1.9B |
| 25 | FAST | Fastenal | 1.45% | Industrials | 30,742,784 | $1.6B |
| 26 | OKE | ONEOK | 1.44% | Energy | 16,871,628 | $1.6B |
| 27 | F | Ford Motor | 1.34% | Consumer Discretionary | 104,808,366 | $1.5B |
| 28 | FITB | Fifth Third Bancorp | 1.30% | Financials | 24,270,052 | $1.4B |
| 29 | DVN | Devon Energy | 1.26% | Energy | 30,874,355 | $1.4B |
| 30 | PAYX | Paychex | 1.00% | Industrials | 8,634,652 | $1.1B |
| 31 | ADM | Archer Daniels Midland | 0.95% | Consumer Staples | 12,906,067 | $1.0B |
| 32 | KMB | Kimberly Clark | 0.91% | Consumer Staples | 8,888,452 | $984.0M |
| 33 | ARES | Ares Management Class A | 0.78% | Financials | 5,648,076 | $844.1M |
| 34 | HSY | Hershey Foods | 0.68% | Consumer Staples | 3,968,735 | $738.7M |
| 35 | RF | Regions Financial | 0.67% | Financials | 22,852,158 | $723.5M |
| 36 | CINF | Cincinnati Financial | 0.66% | Financials | 4,141,883 | $715.2M |
| 37 | DRI | Darden Restaurants INC | 0.63% | Consumer Discretionary | 3,066,663 | $685.4M |
| 38 | TROW | T Rowe Price Group | 0.59% | Financials | 5,737,159 | $638.5M |
| 39 | PFG | Principal Financial Group INC | 0.56% | Financials | 5,263,719 | $605.0M |
| 40 | SNA | Snap ON INC | 0.52% | Industrials | 1,386,361 | $561.0M |
| 41 | GIS | General Mills INC | 0.51% | Consumer Staples | 14,291,260 | $556.1M |
| 42 | BR | Broadridge Financial Solutions INC | 0.49% | Industrials | 3,097,121 | $533.4M |
| 43 | EWBC | East West Bancorp | 0.46% | Financials | 3,668,495 | $498.8M |
| 44 | BBY | Best BUY | 0.41% | Consumer Discretionary | 5,247,148 | $447.8M |
| 45 | APA | APA | 0.35% | Energy | 9,467,765 | $378.7M |
| 46 | DINO | HF Sinclair | 0.35% | Energy | 4,102,845 | $376.9M |
| 47 | FNF | Fidelity National Financial INC | 0.31% | Financials | 6,776,798 | $331.9M |
| 48 | WSO | Watsco | 0.27% | Industrials | 936,632 | $291.9M |
| 49 | SWKS | Skyworks Solutions | 0.26% | Information Technology | 4,027,076 | $280.9M |
| 50 | AFG | American Financial Group | 0.25% | Financials | 1,845,497 | $268.9M |
| 51 | ORI | OLD Republic International | 0.24% | Financials | 6,003,985 | $256.7M |
| 52 | BAH | Booz Allen Hamilton Holding Class | 0.23% | Industrials | 3,230,990 | $253.3M |
| 53 | COLB | Columbia Banking System INC | 0.23% | Financials | 7,759,140 | $251.7M |
| 54 | ALV | Autoliv | 0.21% | Consumer Discretionary | 1,844,640 | $224.0M |
| 55 | ERIE | Erie Indemnity Class A | 0.16% | Financials | 680,119 | $174.0M |
| 56 | M | Macys INC | 0.16% | Consumer Discretionary | 7,061,980 | $168.4M |
| 57 | MSM | MSC Industrial Class A | 0.14% | Industrials | 1,226,647 | $148.8M |
| 58 | NXST | Nexstar Media Group INC | 0.13% | Communication Services | 767,897 | $144.9M |
| 59 | OZK | Bank OZK | 0.13% | Financials | 2,748,134 | $143.6M |
| 60 | MC | Moelis Class A | 0.13% | Financials | 1,993,126 | $140.3M |
| 61 | MTN | Vail Resorts | 0.13% | Consumer Discretionary | 954,275 | $138.8M |
| 62 | MUR | Murphy OIL Corp | 0.12% | Energy | 3,608,617 | $125.5M |
| 63 | FHI | Federated Hermes INC Class B | 0.11% | Financials | 1,934,909 | $123.0M |
| 64 | RHI | Robert Half INC | 0.11% | Industrials | 2,693,442 | $117.9M |
| 65 | KFY | Korn Ferry | 0.11% | Industrials | 1,387,227 | $117.7M |
| 66 | CWEN | Clearway Energy INC Class C | 0.10% | Utilities | 3,244,455 | $111.0M |
| 67 | PAG | Penske Automotive Group Voting INC | 0.10% | Consumer Discretionary | 492,281 | $107.6M |
| 68 | CVBF | CVB Financial Corp | 0.10% | Financials | 4,477,879 | $103.7M |
| 69 | GVMXX | SSC Government MM GVMXX | 0.09% | Cash & Equivalents | 98,006,275 | $98.0M |
| 70 | APAM | Artisan Partners Asset Management | 0.07% | Financials | 1,898,178 | $81.0M |
| 71 | BANR | Banner Corp | 0.06% | Financials | 907,055 | $66.8M |
| 72 | MZTI | Marzetti | 0.06% | Consumer Staples | 540,617 | $63.5M |
| 73 | CNS | Cohen & Steers INC | 0.06% | Financials | 739,736 | $63.4M |
| 74 | WU | Western Union | 0.06% | Financials | 8,401,214 | $62.9M |
| 75 | OFG | OFG Bancorp | 0.06% | Financials | 1,126,984 | $60.3M |
| 76 | AGM | Federal Agricultural Mortgage NON | 0.05% | Financials | 248,682 | $57.6M |
| 77 | IPAR | Interparfums INC | 0.05% | Consumer Staples | 489,801 | $56.6M |
| 78 | CHCO | City Holding | 0.05% | Financials | 377,611 | $55.9M |
| 79 | NSP | Insperity | 0.05% | Industrials | 967,685 | $52.0M |
| 80 | NBHC | National Bank Holdings Corp Class | 0.05% | Financials | 1,194,497 | $52.0M |
| 81 | GABC | German American Bancorp INC | 0.05% | Financials | 1,001,423 | $51.2M |
| 82 | STBA | S AND T Bancorp INC | 0.05% | Financials | 961,284 | $49.6M |
| 83 | FLO | Flowers Foods INC | 0.04% | Consumer Staples | 5,657,526 | $42.6M |
| 84 | SRCE | 1ST Source Corp | 0.04% | Financials | 480,517 | $42.6M |
| 85 | LKFN | Lakeland Financial Corp | 0.04% | Financials | 664,342 | $41.6M |
| 86 | BKE | Buckle | 0.03% | Consumer Discretionary | 823,150 | $36.9M |
| 87 | WEN | Wendys | 0.03% | Consumer Discretionary | 4,217,991 | $36.5M |
| 88 | PFBC | Preferred Bank | 0.03% | Financials | 292,235 | $31.5M |
| 89 | CNA | CNA Financial Corp | 0.03% | Financials | 578,771 | $29.6M |
| 90 | VRTS | Virtus Investment Partners INC | 0.03% | Financials | 167,893 | $28.6M |
| 91 | CPF | Central Pacific Financial Corp | 0.02% | Financials | 691,476 | $26.9M |
| 92 | THFF | First Financial Corporation Corp | 0.02% | Financials | 316,126 | $25.9M |
| 93 | HAFC | Hanmi Financial Corp | 0.02% | Financials | 783,605 | $25.5M |
| 94 | ORRF | Orrstown Financial Services INC | 0.02% | Financials | 524,297 | $22.8M |
| 95 | IBCP | Independent Bank Corp | 0.02% | Financials | 547,861 | $21.1M |
| 96 | CCBG | Capital City Bank INC | 0.02% | Financials | 367,447 | $19.3M |
| 97 | EBF | Ennis INC | 0.01% | Industrials | 684,796 | $15.1M |
| 98 | ETD | Ethan Allen Interiors | 0.01% | Consumer Discretionary | 618,565 | $14.2M |
| 99 | OXM | Oxford Industries INC | 0.01% | Consumer Discretionary | 369,130 | $13.4M |
| 100 | USD | US Dollar | 0.01% | Cash & Equivalents | 13,360,426 | $13.4M |
| 101 | AMSF | Amerisafe INC | 0.01% | Financials | 490,295 | $13.3M |
| 102 | FAU6 | S&P Mid 400 Emini SEP 26 | 0.00% | Cash & Equivalents | 10,200 | $0.0 |
| 103 | DMU6 | DJIA Mini e-CBOT SEP 26 | 0.00% | Cash & Equivalents | 4,205 | $0.0 |
All 103 line items from Charles Schwab Investment Management's official SCHD holdings file dated 08/13/2026, including the money market fund, cash, and two index futures contracts. Holdings change daily — see what moved at the last rebalance or track it daily with PRO.
SCHD Top 10 Holdings Explained
The 10 largest positions and what they represent, together making up 41.40% of the fund.
The Defensive Core
Abbott Laboratories (4.78%), Amgen (4.63%), Merck (4.42%), and UnitedHealth (3.96%) — four healthcare names inside the top six, totaling 17.79%. This is the single biggest structural change in SCHD over the past year, and it is the main reason the fund's beta has drifted lower.
Coca-Cola (4.16%), Procter & Gamble (3.85%), and PepsiCo (3.69%) anchor the consumer staples sleeve at 11.70% between them. Slow growers, reliable payers, decades of increases — the kind of names we track in the SCHD dividend history.
Home Depot (4.09%) is still the highest-weighted consumer discretionary name in the fund by a wide margin — the next-largest is Ford at 1.34% — but it slipped from #3 to #5 this week as healthcare and energy climbed past it.
Chevron (3.90%), Verizon (3.87%), and ConocoPhillips (3.74%) round out the top 10 as the high-yield ballast. Verizon alone is 87.1 million shares, the largest share count of any top-10 position.
Holdings tell you what SCHD owns. PRO tells you what it's doing.
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How SCHD Picks Its Holdings
The rules behind the list — screens, caps, reconstitution, and rebalance dates.
Four Screens, 100 Names, Zero Discretion
- Ticker
- SCHD
- Issuer
- Charles Schwab
- Index
- DJ U.S. Dividend 100
- Reconstitution
- Annual (March)
- Rebalance
- Quarterly
SCHD does not pick stocks. It mechanically follows the Dow Jones U.S. Dividend 100 Index, which starts with U.S. companies that have paid dividends for at least 10 consecutive years, then ranks the survivors on four equally weighted metrics: free cash flow to total debt, return on equity, indicated dividend yield, and five-year dividend growth rate.
The top 100 by composite score make the index. Weights are capped so no single stock exceeds 4% at reconstitution and no sector exceeds 25%, which is why you see the top positions clustered tightly between 3.7% and 4.78% rather than one or two names dominating.
The index reconstitutes annually each March — that's when names are added and removed. It rebalances quarterly in March, June, September, and December, which only shifts weights among existing holdings. Between those events, weights drift naturally with share prices. The next rebalance lands in September; our Q2 rebalance recap shows what that process looked like last quarter.
🏆 See how SCHD stacks up against every other dividend ETF on our Top 100 Dividend ETFs list.
⚠️ Why the File Shows 103 Line Items but the Index Holds 100 Stocks
The Dow Jones U.S. Dividend 100 Index targets exactly 100 stocks. SCHD's disclosed holdings file for 08/13/2026 shows 103 line items because it also carries a government money market fund (GVMXX, 0.09%), a small U.S. dollar cash balance (0.01%), and two index futures contracts — S&P MidCap 400 E-mini and DJIA E-mini, both September 2026 — used to equitize uninvested cash between trades. Strip those out and 99 common stock positions remain. These non-equity positions total roughly 0.10% of assets and have no meaningful effect on returns.
More SCHD Research on TopDividendETFs
Everything else we track on the Schwab U.S. Dividend Equity ETF — all free, all updated on a schedule.
SCHD 2026 Dividend Dates
Every ex-dividend, record, and pay date for 2026, plus the actual payout amounts as they're declared.
See the schedule → 🧮SCHD Dividend Calculator
Model your income by share count or dollar amount, with DRIP compounding and dividend growth built in.
Run the numbers → 📈SCHD Dividend History
Every distribution SCHD has ever paid, with year-over-year growth rates and the full raise track record.
View the history → ⚖️SCHD Q2 2026 Rebalance
Which positions got bought, which got trimmed, and how the sector mix shifted at the last quarterly reset.
See what moved → 🔁SCHD 2026 Reconstitution
The full add-and-drop list from March, including why each name cleared or failed the four screens.
Adds & removals → Daily 🏆Top 100 Dividend ETFs
The daily leaderboard: yields, AUM, total returns, and price decay across the 100 biggest income ETFs.
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Read the latest → PRO ⭐TopDividendETFs PRO
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See what's inside →Most Popular This Week
What other SCHD researchers opened right after this page.
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Frequently Asked Questions — SCHD Holdings
Common questions about what SCHD owns, how it's weighted, and how often it changes.
- What is SCHD's largest holding?As of August 13, 2026, Abbott Laboratories (ABT) is SCHD's largest holding at 4.78% of assets, worth approximately $5.2 billion across 46.6 million shares. Amgen (AMGN) is a close second at 4.63%, followed by Merck (MRK) at 4.42%. See how that order shifted at the Q2 rebalance →
- How many stocks does SCHD hold?SCHD's file lists 103 total positions. That breaks down to 99 common stocks plus four non-equity line items: the GVMXX government money market fund, a U.S. dollar cash balance, and two September 2026 index futures contracts. The equity sleeve tracks the Dow Jones U.S. Dividend 100 Index.
- What are SCHD's top 10 holdings?SCHD's top 10 as of August 13, 2026: Abbott 4.78%, Amgen 4.63%, Merck 4.42%, Coca-Cola 4.16%, Home Depot 4.09%, UnitedHealth 3.96%, Chevron 3.90%, Verizon 3.87%, Procter & Gamble 3.85%, and ConocoPhillips 3.74%. Together they represent 41.40% of the fund. PepsiCo dropped to #11 this week at 3.69%.
- What sectors does SCHD invest in?SCHD's largest sector is Health Care at 21.05%, then Consumer Staples 19.32%, Energy 14.94%, Industrials 12.03%, and Financials 10.28%. Information Technology is 8.75%, Consumer Discretionary 7.15%, Communication Services 6.30%, with small Utilities and cash allocations.
- Does SCHD hold any technology stocks?Yes, but only 8.75% across four names: Texas Instruments 3.32%, Accenture 2.70%, Qualcomm 2.47%, and Skyworks Solutions 0.26%. SCHD screens for dividend yield plus five years of dividend growth, which structurally excludes most large-cap growth technology. If you hold SCHD for tech exposure, you don't have it — our Top Growth ETFs list is where that exposure actually lives.
- Does SCHD hold Apple, Microsoft, or Nvidia?No. None of the three are in SCHD. Apple and Microsoft pay dividends but their yields are far too low to clear the index's yield screen, and Nvidia's yield is negligible. SCHD ranks candidates on indicated dividend yield as one of four equally weighted factors, so mega-cap low-yielders rarely score highly enough to make the top 100.
- How concentrated is SCHD?Moderately. No single holding exceeds 4.78%, and the top 10 account for 41.40% of assets. The index caps individual weights at 4% and sector weights at 25% at each reconstitution, which prevents runaway concentration. For comparison, the top 10 of the S&P 500 regularly exceed 35% with far higher single-name weights.
- How often does SCHD update its holdings?Schwab publishes SCHD's full holdings file daily after market close. The index itself reconstitutes annually in March (adding and removing names) and rebalances quarterly in March, June, September, and December (adjusting weights only). This page is refreshed against Schwab's official file. PRO members get the daily snapshot archive →
- Why do SCHD's holdings weights keep changing?Two reasons. First, weights drift continuously with share prices — Home Depot fell from 4.32% to 4.09% in eight sessions without a single share being traded by the fund. Second, the quarterly rebalance resets weights back toward index targets. Neither indicates active management; SCHD is fully rules-based.
- What are the FAU6 and DMU6 positions?Those are index futures contracts — the S&P MidCap 400 E-mini and the DJIA E-mini, both expiring September 2026. Index funds use futures to equitize small cash balances so that uninvested money still gets market exposure between trades. They carry a 0.00% weight and a negligible market value, which is normal.
- Where does this holdings data come from?Directly from Charles Schwab Investment Management's published SCHD holdings file, dated 08/13/2026. Weights, share counts, and market values are as reported by the issuer. See SCHD's 2026 dividend dates and payout amounts →
Important Disclaimer
Holdings data on this page is sourced from Charles Schwab Investment Management's published SCHD holdings file as of August 13, 2026, and is provided for educational and informational purposes only. ETF holdings, weights, and share counts change daily and may be inaccurate or outdated by the time you read this. This page contains no buy or sell recommendations and does not constitute financial advice. Investing in ETFs carries risk, including possible loss of principal. Always verify current holdings with Charles Schwab's official materials before making investment decisions. TopDividendETFs.com is not affiliated with Charles Schwab Corporation.
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