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Schwab U.S. Dividend Equity ETF (SCHD) proxy voting record 2026
Three of its ballots from this season. Vote first, then see what it did with the shares your savings paid for.
The question on the ballot
As filed
Schwab Strategic Trust files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.
SourceProxy-voting record filed by Schwab Strategic Trust on 2026-08-28 · open the filing
TickerSCHD · as listed in its latest SEC filing of proxy votes
How it voted, by issue
Fund companies sometimes file the same proposal under different subjects. So that funds can be compared, each proposal is counted under the subject most of the filings we read gave it, the same for every fund on this site. Counted by this fund’s own filing alone, 13 of its 57 shareholder proposals would sit under a different issue, or under none. On management's own executive pay resolutions, this fund voted in favour 97.3% of the time across 75 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 20 | 0 | 0% |
| Workers & human rights | 3 | 0 | 0% |
| Pay equity & inclusion | 2 | 0 | 0% |
| Executive pay | 1 | 0 | 0% |
| Corporate governance | 25 | 3 | 12% |
| Other social issues | 5 | 0 | 0% |
Ballots it voted
Verizon Communications Inc. · 21 May 2026 · put on the ballot by shareholder · Climate & environment
Should Verizon Communications publish a fuller account of its emissions and how it plans to cut them?
Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.
AGAINST Schwab U.S. Dividend Equity ETF voted with 67,576,812 shares
“Board oversight of material issues related to climate change”
SourceSchwab Strategic Trust · accession 0001193125-26-373507 · series S000034163 · open the filing
The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Climate & environment
Should Coca-Cola report on the single-use plastic it puts into the world?
Shareholders asked for a report on how much single-use plastic packaging the company uses, the risks that creates as regulation tightens, and what it plans to do to reduce it.
AGAINST Schwab U.S. Dividend Equity ETF voted with 42,487,057 shares
“Vote on a shareowner proposal requesting a report evaluating the Company's plastics packaging policies”
SourceSchwab Strategic Trust · accession 0001193125-26-373507 · series S000034163 · open the filing
PepsiCo, Inc. · 6 May 2026 · put on the ballot by shareholder · Workforce & human rights
Should PepsiCo assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST Schwab U.S. Dividend Equity ETF voted with 20,249,713 shares
“Shareholder Proposal - Report on Human Rights Oversight.”
SourceSchwab Strategic Trust · accession 0001193125-26-373507 · series S000034163 · open the filing
Chevron Corporation · 27 May 2026 · put on the ballot by shareholder · Workforce & human rights
Should Chevron assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST Schwab U.S. Dividend Equity ETF voted with 18,721,111 shares
“Commission a Third-Party Report on Human Rights Processes”
SourceSchwab Strategic Trust · accession 0001193125-26-373507 · series S000034163 · open the filing
The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Pay equity & inclusion
Should Coca-Cola publish what its inclusion policies actually do for its workforce?
Shareholders asked for a report on the company’s LGBTQIA+ equity and inclusion efforts within its human capital management strategy — what the policies are, how they are measured, and what they have changed for employees.
AGAINST Schwab U.S. Dividend Equity ETF voted with 42,487,057 shares
“Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and inclusion efforts”
SourceSchwab Strategic Trust · accession 0001193125-26-373507 · series S000034163 · open the filing
Fastenal Company · 23 April 2026 · put on the ballot by shareholder · Pay equity & inclusion
Should Fastenal publish the workforce breakdown it already files with the government?
Shareholders asked the company to publish its EEO-1 report — the table of employees by job category, race and sex that it is already required to submit to federal regulators — instead of keeping it confidential.
AGAINST Schwab U.S. Dividend Equity ETF voted with 35,225,849 shares
“Shareholder proposal relating to an EEO-1 reporting disclosure policy, if properly presented at the annual meeting.”
SourceSchwab Strategic Trust · accession 0001193125-26-373507 · series S000034163 · open the filing
CF Industries Holdings, Inc. · 28 April 2026 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before CF Industries Holdings pays a departing executive?
Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.
AGAINST Schwab U.S. Dividend Equity ETF voted with 4,827,530 shares
“Shareholder proposal regarding shareholder approval requirement for excessive golden parachutes, if properly presented at the meeting.”
SourceSchwab Strategic Trust · accession 0001193125-26-373507 · series S000034163 · open the filing
Ford Motor Company · 14 May 2026 · put on the ballot by shareholder
Relating to a request that the Board take steps to implement one vote per share for all outstanding shares.
FOR Schwab U.S. Dividend Equity ETF voted with 121,898,901 shares
“A shareholder proposal relating to a request that the Board take steps to implement one vote per share for all outstanding shares.”
SourceSchwab Strategic Trust · accession 0001193125-26-373507 · series S000034163 · open the filing
Other funds Schwab Strategic Trust votes
The same filer reports these alongside this one, in the same annual filing.
Every Schwab fund we track, and how each one voted →
No 401(k) plan we index offers this fund. It is here because it is widely held outside them: whoever holds it, in an IRA or a brokerage account, the fund votes those shares as shown on this page.
Vote these ballots yourself
See how you would have voted, then what this fund did — one card at a time. Open the full ballot deck for this fund →