Home›ETFs & Funds›ETFs›S&P 493 value rotation lifts Schwab large-cap value ET…

S&P 493 value rotation lifts Schwab large-cap value ETF SCHV

The Schwab U.S. Large-Cap Value ETF tracks the Dow Jones U.S. Large-Cap Value Total Stock Market Index and has about $15.7 billion in assets.

Reported · Written up by our desk · ETFs

MarketBeat Ratings points to a shift away from a tech-led drawdown as the NASDAQ-100 moves into correction territory, with investors looking for broader participation beyond the Magnificent Seven.

Over the past three months, healthcare and financials have been the S&P 500’s top performers, gaining more than 16% and 11%, respectively, while nine of the index’s 11 sectors were positive over the past six months, according to the report.

Against that backdrop, MarketBeat Ratings highlights the Schwab U.S. Large-Cap Value ETF, SCHV, which tracks the Dow Jones U.S. Large-Cap Value Total Stock Market Index and is designed to provide broad value exposure.

The article says the fund holds companies across the S&P 493 universe and limits the impact of any single stock, noting that tech is about 18% of the portfolio and financials are about 21%, with assets under management around $15.7 billion and a dividend yield of 1.8%.

Latest closeS&P 500 7,785.76 ▼0.2%|Nasdaq Comp. 26,729.16 ▼0.3%|Dow Jones 53,732.41 ▼0.2%

More like this

Sources