<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Wall-St-1-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1536" height="1024" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Wall-St-1-1.png"/></p>
<p>施瓦布美国红利股指数 ETF（SCHD）即将迎来重大变化，因为今年的重组即将进行。</p>
<p>此次调整是在 SCHD 股票从年初至今的最高点 32 美元回落至当前 30.4 美元之际进行的。</p>
<h2>进入和退出 SCHD ETF 的公司</h2>
<p>施瓦布美国红利股指数 ETF（SCHD）管理的资产超过 980 亿美元，周一市场开盘时将进行一些重大变化。</p>
<p>其重组在周五进行，并将在周一市场开盘时生效。</p>
<p>将离开该基金的最大公司是思科系统公司，这是一家全球领先的网络和通信解决方案提供商。</p>
<p>该基金持有超过 4600 万股思科股票，价值超过 36 亿美元。</p>
<p>SCHD 还将剔除艾伯维，这是一家在医疗保健行业的顶尖企业。</p>
<p>该基金持有的艾伯维股票价值超过 32 亿美元。</p>
<p>其他将被剔除的公司包括瓦莱罗能源、哈里伯顿、美国包装公司、CF 工业、安科瑞、莱昂德尔巴塞尔和优能集团。</p>
<p>SCHD 还将剔除 Janus Henderson，这是一家管理资产超过 4930 亿美元的公司，正被 Trian Fund Management 和 General Catalyst 以超过 74 亿美元的交易收购。</p>
<p>其他被剔除的公司包括 Radian Group、International Bancshares、Signet Jewelers 和惠而浦。</p>
<p>另一方面，大约有 26 家公司将进入该基金。</p>
<p>最引人注目的公司是 ARES Management 和黑石集团，这两家公司是另类资产领域的两大巨头。</p>
<p>黑石集团的资产超过 1.3 万亿美元，而 ARES Management 的资产接近 6000 亿美元。</p>
<p>这一新增公司正值这两家公司面临私募信贷行业持续困境的重大挑战之际。</p>
<p>黑石股票今年最高点以来已下跌 41%，而 ARES Management 则下跌了 45%。</p>
<p>这一投资可能表明该基金认为这些公司现在是便宜货。</p>
<p>该基金还将增加联合健康、雅培实验室、宝洁、埃森哲、康卡斯特、ADP 和德文能源等公司。</p>
<p>其他进入该基金的公司包括博思艾伦汉密尔顿、首席金融集团、梅西百货和老共和国。</p>
<h2>施瓦布美国红利股指数 ETF 表现优于大盘</h2>
<p>尽管 SCHD ETF 在过去几天有所回落，但由于科技行业持续表现不佳，它仍然表现优于大盘。</p>
<p>该基金今年上涨了 10%，而标准普尔 500 指数则下跌了近 5%。</p>
<p>它还吸引了超过 190 亿美元的资金流入，因为投资者从成长股转向价值股，其中大部分资金流入发生在上周。</p>
<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/SCHD-ETF-vs-SP-500.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="2600" height="900" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/SCHD-ETF-vs-SP-500.png"/></p>
<p><em>SCHD ETF 与标准普尔 500 年初至今的表现 | 来源：Seeking Alpha</em></p>
<p>大多数科技公司主导了更广泛的股市，今年继续表现不佳。</p>
<p>例如，NVIDIA 作为人工智能行业的主导公司，自去年最高点以来已下跌 18.5%。</p>
<p>同样，Palantir 股票自去年最高点以来已下跌 28%，目前为 150 美元。</p>
<p>其他公司如 Adobe、微软和 ServiceNow 在过去几个月也都大幅下跌。</p>
<p>相比之下，由于其构成，SCHD ETF 表现相对良好，能源在该基金中占有 20% 的份额。</p>
<p>这包括康菲石油、雪佛龙、EOG 资源、SLB、ONEOK 和 APA 等能源公司。</p>
<p>这些能源公司在原油和天然气价格上涨的情况下表现良好。</p>
<p>它还持有消费品、医疗保健、工业和金融等关键防御行业的公司。</p>
<p>考虑到 SCHD 的市盈率为 20，低于标准普尔 500 指数的 23，SCHD 也被视为一个便宜的投资。</p>
<p>SCHD ETF 重组已到来：红利基金接下来会怎样？</p>

思科

CSCL

美国红利股指数 ETF - Charles Schwab

艾伯维

ARES

黑石集团

<p>施瓦布美国红利股指数 ETF（SCHD）因其年度重组而正在经历重大变化，变动将于周一生效。值得注意的剔除公司包括思科和艾伯维，同时将新增 26 家公司，包括 ARES Management 和黑石集团。尽管最近从 32 美元回落至 30.4 美元，SCHD 今年的表现仍优于标准普尔 500 指数，涨幅为 10%，而该指数则下跌了 5%。该基金吸引了超过 190 亿美元的资金流入，因为投资者从成长股转向价值股，受益于其在能源和其他行业的多元化持股</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Wall-St-1-1.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Wall-St-1-1.png"/></p>
<p>Big changes are coming at the Schwab US Dividend Equity ETF (SCHD) as this year's reconstitution happens.</p>
<div class="lb-trans"><p>施瓦布美国红利股指数 ETF（SCHD）即将迎来重大变化，因为今年的重组即将进行。</p>
</div><p>The reshuffle comes as the SCHD stock has pulled back from the year-to-date high of $32 to the current $30.4.</p>
<div class="lb-trans"><p>此次调整是在 SCHD 股票从年初至今的最高点 32 美元回落至当前 30.4 美元之际进行的。</p>
</div><h2>Companies entering and exiting the SCHD ETF</h2>
<div class="lb-trans"><h2>进入和退出 SCHD ETF 的公司</h2>
</div><p>The SCHD ETF, which has over $98 billion in assets under management (AUM), will undergo some major changes when the market opens on Monday.</p>
<div class="lb-trans"><p>施瓦布美国红利股指数 ETF（SCHD）管理的资产超过 980 亿美元，周一市场开盘时将进行一些重大变化。</p>
</div><p>Its reconstitution happened on Friday and will take effect when the market opens on Monday.</p>
<div class="lb-trans"><p>其重组在周五进行，并将在周一市场开盘时生效。</p>
</div><p>The biggest name that will leave the fund is Cisco Systems, a top company in the technology industry, which offers networking and communication solutions globally.</p>
<div class="lb-trans"><p>将离开该基金的最大公司是思科系统公司，这是一家全球领先的网络和通信解决方案提供商。</p>
</div><p>The fund held over 46 million shares in Cisco worth over $3.6 billion.</p>
<div class="lb-trans"><p>该基金持有超过 4600 万股思科股票，价值超过 36 亿美元。</p>
</div><p>SCHD will also boot AbbVie, a top player in the healthcare industry.</p>
<div class="lb-trans"><p>SCHD 还将剔除艾伯维，这是一家在医疗保健行业的顶尖企业。</p>
</div><p>The fund held shares worth over $3.2 billion.</p>
<div class="lb-trans"><p>该基金持有的艾伯维股票价值超过 32 亿美元。</p>
</div><p>The other companies that will be removed from the fund are firms like Valero Energy, Halliburton, Packaging Corp of America, CF Industries, Amcor, LyondellBasell, and Unum Group.</p>
<div class="lb-trans"><p>其他将被剔除的公司包括瓦莱罗能源、哈里伯顿、美国包装公司、CF 工业、安科瑞、莱昂德尔巴塞尔和优能集团。</p>
</div><p>SCHD will also remove Janus Henderson, a company with over $493 billion in assets under management, which is being acquired by Trian Fund Management and General Catalyst in a deal valued at over $7.4 billion.</p>
<div class="lb-trans"><p>SCHD 还将剔除 Janus Henderson，这是一家管理资产超过 4930 亿美元的公司，正被 Trian Fund Management 和 General Catalyst 以超过 74 亿美元的交易收购。</p>
</div><p>The other companies being booted from one of the biggest dividend funds are Radian Group, International Bancshares, Signet Jewelers, and Whirlpool.</p>
<div class="lb-trans"><p>其他被剔除的公司包括 Radian Group、International Bancshares、Signet Jewelers 和惠而浦。</p>
</div><p>On the other hand, about 26 new companies are entering the fund.</p>
<div class="lb-trans"><p>另一方面，大约有 26 家公司将进入该基金。</p>
</div><p>The most notable ones are Ares Management and Blackstone, which are two of the biggest players in alternative assets.</p>
<div class="lb-trans"><p>最引人注目的公司是 ARES Management 和黑石集团，这两家公司是另类资产领域的两大巨头。</p>
</div><p>Blackstone has over $1.3 trillion in assets, while Ares Management has nearly $600 billion.</p>
<div class="lb-trans"><p>黑石集团的资产超过 1.3 万亿美元，而 ARES Management 的资产接近 6000 亿美元。</p>
</div><p>This addition comes as the two companies are facing major challenges because of the ongoing woes in the private credit industry.</p>
<div class="lb-trans"><p>这一新增公司正值这两家公司面临私募信贷行业持续困境的重大挑战之际。</p>
</div><p>Blackstone stock has dropped by 41% from its highest point this year, while Ares Management has slumped by 45%.</p>
<div class="lb-trans"><p>黑石股票今年最高点以来已下跌 41%，而 ARES Management 则下跌了 45%。</p>
</div><p>This investment could be a sign that the fund believes that these companies are now bargains.</p>
<div class="lb-trans"><p>这一投资可能表明该基金认为这些公司现在是便宜货。</p>
</div><p>The fund will also add companies like UnitedHealth, Abbott Laboratories, Procter &amp; Gamble, Accenture, Comcast, ADP, and Devon Energy.</p>
<div class="lb-trans"><p>该基金还将增加联合健康、雅培实验室、宝洁、埃森哲、康卡斯特、ADP 和德文能源等公司。</p>
</div><p>Other companies entering the fund are Booz Allen Hamilton, Principal Financial Group, Macy’s, and Old Republic.</p>
<div class="lb-trans"><p>其他进入该基金的公司包括博思艾伦汉密尔顿、首席金融集团、梅西百货和老共和国。</p>
</div><h2>Schwab US Dividend Equity ETF is beating the broader market</h2>
<div class="lb-trans"><h2>施瓦布美国红利股指数 ETF 表现优于大盘</h2>
</div><p>While the SCHD ETF has pulled back in the past few days, it has continued to do better than the broader market because of the ongoing underperformance of the technology sector.</p>
<div class="lb-trans"><p>尽管 SCHD ETF 在过去几天有所回落，但由于科技行业持续表现不佳，它仍然表现优于大盘。</p>
</div><p>The fund has jumped by 10% this year, while the S&amp;P 500 Index has dropped by nearly 5% this year.</p>
<div class="lb-trans"><p>该基金今年上涨了 10%，而标准普尔 500 指数则下跌了近 5%。</p>
</div><p>It has also had over $19 billion in inflows as investors rotate from growth to value, with most of these inflows happening last week.</p>
<div class="lb-trans"><p>它还吸引了超过 190 亿美元的资金流入，因为投资者从成长股转向价值股，其中大部分资金流入发生在上周。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/SCHD-ETF-vs-SP-500.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/SCHD-ETF-vs-SP-500.png"/></p>
<p><em>SCHD ETF vs S&amp;P 500 YTD performance | Source: Seeking Alpha</em></p>
<div class="lb-trans"><p><em>SCHD ETF 与标准普尔 500 年初至今的表现 | 来源：Seeking Alpha</em></p>
</div><p>Most technology companies, which dominate the broader stock market, have continued to underperform the market this year.</p>
<div class="lb-trans"><p>大多数科技公司主导了更广泛的股市，今年继续表现不佳。</p>
</div><p>For example, NVIDIA, a company that dominates the AI industry, has dropped by 18.5% from its highest point last year.</p>
<div class="lb-trans"><p>例如，NVIDIA 作为人工智能行业的主导公司，自去年最高点以来已下跌 18.5%。</p>
</div><p>Similarly, Palantir stock has dropped by 28% from its highest point last year to the current $150.</p>
<div class="lb-trans"><p>同样，Palantir 股票自去年最高点以来已下跌 28%，目前为 150 美元。</p>
</div><p>Other companies like Adobe, Microsoft, and ServiceNow have all plunged in the past few months.</p>
<div class="lb-trans"><p>其他公司如 Adobe、微软和 ServiceNow 在过去几个月也都大幅下跌。</p>
</div><p>In contrast, the SCHD ETF has done modestly well because of its constitution, with energy having a 20% stake in the fund.</p>
<div class="lb-trans"><p>相比之下，由于其构成，SCHD ETF 表现相对良好，能源在该基金中占有 20% 的份额。</p>
</div><p>This includes energy companies like ConocoPhillips, Chevron, EOG Resources, SLB, ONEOK, and APA.</p>
<div class="lb-trans"><p>这包括康菲石油、雪佛龙、EOG 资源、SLB、ONEOK 和 APA 等能源公司。</p>
</div><p>These energy companies are doing well as crude oil and natural gas prices jump.</p>
<div class="lb-trans"><p>这些能源公司在原油和天然气价格上涨的情况下表现良好。</p>
</div><p>It also holds companies in key defence sectors like consumer staples, healthcare, industrials, and financials.</p>
<div class="lb-trans"><p>它还持有消费品、医疗保健、工业和金融等关键防御行业的公司。</p>
</div><p>SCHD is also seen as a bargain considering that it has a price-to-earnings (PE) ratio of 20, which is lower than that of the S&amp;P 500 Index, which has a multiple of 23.</p>
<div class="lb-trans"><p>考虑到 SCHD 的市盈率为 20，低于标准普尔 500 指数的 23，SCHD 也被视为一个便宜的投资。</p>
</div><p>The post SCHD ETF reconstitution is here: what next for the dividend fund? appeared first on Invezz</p>
<div class="lb-trans"><p>SCHD ETF 重组已到来：红利基金接下来会怎样？</p>
</div>

SCHD ETF 重组已经到来：红利基金的下一步是什么？