SCHD ETF: Why this ‘anti-AI’ fund is beating the S&P 500 and Nasdaq 100 indices

The Schwab US Dividend Equity ETF (SCHD) has performed well this year despite trading within a tight range over the past few weeks. Its total return has risen 19% year-to-date, outperforming Invesco’s QQQ, which has returned 15.2%, as well as JPMorgan’s JEPI at 7.0% and Vanguard’s VOO at 7.53%. SCHD ETF inflows have soared this year SCHD has also attracted substantial capital from investors, with its net inflows rising by over $12 billion. This increase has brought its total assets to over $96 billion. Its inflows this year are higher than those of other top dividend ETFs DGRO and VYM. SCHD has done well despite having a limited exposure to the artificial intelligence supercycle. Instead, most of its companies are…