# Schwab Dividend ETF Hits Record Without Magnificent Seven

> Schwab's dividend ETF closed at a record $35.40 without any Magnificent Seven stocks.
- Title: Schwab Dividend ETF Hits Record Without Magnificent Seven
- Summary: 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…
- Keywords: schwab, dividend etf, magnificent seven, schi, schi 102, dividend yield, dividend growth, finance, money, Dividend, ETF, Hits
- Source: The Motley Fool — https://fool.com/investing/2026/10/23/schwab-s-dividend-etf-just-closed-at-a-record-without-owning-a-single-magnificent-seven-stock
- Author: Daniel Sparks
- Published: 2026-10-23T17:24:02+00:00
- Read time: 1 min
- Topics: schwab, dividend etf, magnificent seven, schi, schi 102, dividend yield, dividend growth, finance, money
## 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.
## Key takeaway

Schwab's SCHD ETF hit a record $35.40 close in 2026 without holding any of the Magnificent Seven stocks.