The Dividend Labyrinth

The Schwab U.S. Dividend Equity ETF (SCHD 0.42%) presents itself as a synthesis of these contradictory desires. It is not merely a collector of dividends, but a curator, selecting one hundred companies deemed worthy of inclusion in its peculiar arrangement. One is compelled to wonder by what criteria this selection is made, and who, precisely, is doing the selecting. The process is, naturally, obscured by layers of index tracking and algorithmic precision.








