๐๐๐The US Fed Chairman Jerome Powell kept rates unchanged on Wednesday and the markets remained lower. In such volatile times SCHB provides a comprehensive coverage of 2500 of the largest US companies of all market capitalisations from large, mid to small publicly traded companies.
Nonetheless the Top 10 holdings still include the Magnificent 7 from Apple, Microsoft, Nvidia, Amazon, Meta Platforms, Alphabet Class A and Class C, Tesla as well as Broadcom and Berkshire Hathaway.
The Top 10 holdings weightage is 31%. The expense ratio is only 0.03%, which is among the lowest in competing ETFs. SCHB pays dividends every 3 months. The current dividend yield is 1.24%. SCHB goes ex dividend in March 20 2025.
I like SCHB for its low cost entry point. This powerful ETF forms part of my diversified portfolio to buy and hold long term. Maximum power, Minimum Cost! That is my favourite way of investing.
@TigerClub @Tiger_comments @CaptainTiger
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