Schwab has licensed the Dow Jones U.S. Dividend 100 Index for its new dividend ETF. So far in 2011 Dow Jones has licensed 27 indexes for ETFs.
Schwab has launched 14 other ETFs since 2009, and the new Schwab U.S. Dividend Equity ETF (SCHD) is offering lower expense costs than its competitors at .17%. Currently the two biggest sectors of the fund are consumer staples and industrials.
October 20, 2011 by admin
