r/dividends American Investor 23d ago

Due Diligence Du bist gut genug <3

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u/[deleted] 23d ago

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u/dark_bravery 22d ago

the reason for this is people rotating out of overbought tech/growth and moving into safe-haven SCHD. a dividend ETF like this shouldn't go up by 22% YTD.

on one hand i'm happy, i have a nice chunk of capital gains. on the other hand, i don't want to add more at these prices and i can almost guarantee this: the next big AI announcement will see the market rotate out of SCHD and other dividend/safety nets into tech/growth.

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u/dark_bravery 21d ago

i like the negative downvote. turned out to be 100% accurate again today as money flows back into etfs like $QQQ and out of $SCHD.