SCHD Is Down From Its All-Time High. Here's Why I'm Not Selling.

Key Points The Schwab U.S. Dividend Equity ETF (SCHD) has fallen around 4% from its all-time high. Pullbacks of 5% in U.S. stocks have historically occurred almost every year and are entirely normal. Savvy investors might want to consider picking up shares at a slight discount. 10 stocks we like better than Schwab U.S. Dividend Equity ETF › The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is having a tremendous year so far. Year to date, the fund is up 25%, compared to a 14% total return for the Vanguard S&P 500 ETF (NYSEMKT: VOO) . But it's also about 4% to 5% off its high at a time when the S&P 500 (SNPINDEX: ^GSPC) is retesting new all-time highs. Does that suggest a reversal is beginning?