The Schwab U.S. Dividend Equity ETF (SCHD) holds a variety of stocks that pay dividends, and the highest dividend yields are from the following holdings1:
These holdings contribute to the overall high dividend yield of the SCHD ETF, making it an attractive option for income-focused investors. It's important to note that while high dividend yields are enticing, they should be evaluated in the context of the overall portfolio and the sustainability of the dividends.