SCHD Underperforms SPY as Key Holdings Show Mixed Signals

SCHD returned just under 2% in the past month, trailing the S&P 500's gain, a recent investor analysis noted. The ETF's performance diverged from the broader market.

UnitedHealth Group (UNH) and PepsiCo (PEP), two of the fund's largest positions, carry Alpha Scores of 53 and 50, both in the Mixed range. Accenture (ACN), another key holding, scores 44, also Mixed.

The past month's divergence between SCHD and SPY shows the uneven performance among dividend stocks. The UNH stock page has the full score. PEP's score is on its PEP stock page. ACN's score is on its ACN stock page.