SCHD: There Are Better Flight To Safety Plays Out There

  • SCHD has become a popular ETF because its energy and consumer staple dividend stocks are seen as relatively safe, amid the current market uncertainty. Unfortunately, the perception here is largely incorrect. SCHD's energy stocks import oil from Canada, and consumer staples in general are heavily involved in importing and exporting. Foreign stocks and financials are more interesting right now than U.S. consumer staples.