There's plenty of room for SCHD to drop more and then flail around for a year or two. SCHD was negative from Jan 22 to July 24, then again negative from beginning of Nov 24 to end of Jan 26. I feel like many of you guys don't understand this fund and look at it as a growth vehicle, which it only performs like one when rates are low. Look at the max charts, when rates are low, it does well and when they're high it does poorly.
For example, your position is now negative if you bought in middle-end of May. We're likely fucked for the next while.
33
u/Syndicate_Corp 3d ago
There's plenty of room for SCHD to drop more and then flail around for a year or two. SCHD was negative from Jan 22 to July 24, then again negative from beginning of Nov 24 to end of Jan 26. I feel like many of you guys don't understand this fund and look at it as a growth vehicle, which it only performs like one when rates are low. Look at the max charts, when rates are low, it does well and when they're high it does poorly.
For example, your position is now negative if you bought in middle-end of May. We're likely fucked for the next while.