Should Dividend Investors Be Concerned That 23.9% of the Schwab U.S. Dividend Equity ETF (SCHD) Is Now Invested in Energy Stocks?

What: The Schwab U.S. Dividend Equity ETF (SCHD) has **23.9%** of its portfolio invested in energy stocks.
Why: This high allocation to energy stocks may be a concern for investors seeking traditional dividend-focused portfolios.
Signal: The ETF's performance, however, has been strong, outpacing the S&P 500 by **12.1%** over the past year.
Target: Dividend investors may want to consider a more balanced portfolio with a lower allocation to energy stocks, around **10%**.
Risk: A significant downturn in the energy sector could negatively impact the ETF's overall performance and dividend income.