From The Motley Fool · Daniel Sparks · · 1m 10s
Schwab Dividend ETF Hits Record Without Magnificent Seven
Schwab's dividend ETF closed at a record $35.40 without any Magnificent Seven stocks.
In brief
Schwab's dividend ETF closed at a record $35.40 without any Magnificent Seven stocks. Schwab's SCHD ETF hit a record $35.40 close in 2026 without holding any of the Magnificent Seven stocks. Originally reported by The Motley Fool.
Record Close
Schwab's U.S. Dividend Equity ETF closed at $35.40 on Oct. 22, 2026, beating its previous record of $35.21 from Aug. 24.
Magnificent Seven Exclusion
The ETF holds no Magnificent Seven stocks as of Oct. 13, 2026, including Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla.
Dividend Performance
The ETF delivered a 2026 return of 32% with dividends, while the Magnificent Seven stocks ranged from 4% to 17% gains.
10-Year Rule
The ETF tracks the Dow Jones U.S. Dividend 100 Index, requiring companies to pay dividends for at least 10 years running.
Core Holdings
Texas Instruments, ConocoPhillips, Chevron, Merck, Amgen, and Coca-Cola made up 24% of the ETF as of Jan. 7, 2026.
Market Comparison
The ETF rose 8% since Oct. 6, 2026, while the Nasdaq-100 slid 7% and QQQ lost 3% in the same period.
The key point
Schwab's SCHD ETF hit a record $35.40 close in 2026 without holding any of the Magnificent Seven stocks.
