Bambu Productions
Cloning a popular system
Most of us on Seeking Alpha know by now that the Schwab U.S. Dividend Equity ETF (SCHD) is one of, if not the most popular dividend funds in existence. For myself personally, it has become my
Building A SCHD Inspired Dividend Income Screener For May
Summary
- The goal of this article is to create a screen that the everyday investor could use to hunt for stocks similar to the Dow Dividend 100 constituents.
- I create a system where I attempt to screen for the top 10 stocks that rate the highest according to an SCHD replication strategy.
- A factor-based system is used to rank the stocks.
- I also check my hit rate against the 100 stocks in the SCHD portfolio to see if my screen is accurate, attempting to get a hit rate of at least 50%.
I'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. My previous working background is in private credit and CRE mezzanine financing for a family office. I'm also a fluent Mandarin speaker in both business and court settings, previously serving as a court interpreter. I have spent a good chunk of my adult working life in China and Asia. I have worked with top CRE developers in the past including The Witkoff Group , Kushner Companies, Durst Organization and Fortress Investment Group.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SCHD, NKE, MRK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The information provided in this article is for general informational purposes only and should not be considered as financial advice. The author is not a licensed financial advisor, Certified Public Accountant (CPA), or any other financial professional. The content presented in this article is based on the author's personal opinions, research, and experiences, and it may not be suitable for your specific financial situation or needs.
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