Dana George's Top Pick for Buy-and-Hold Investors: Schwab U.S. Dividend Equity ETF

Dana George, a financial writer for The Motley Fool, has chosen the Schwab U.S. Dividend Equity ETF (SCHD) as his go-to investment for a buy-and-hold strategy.

The fund aims to replicate the performance of the Dow Jones U.S. Dividend 100 Index, which includes 100 U.S. stocks with a history of consistent dividend payments and strong fundamentals.

SCHD's top holdings include giants like Home Depot, Merck, Procter & Gamble, Abbott Laboratories, and Verizon Communications, among others.

The fund's low expense ratio of 0.06% is also a major draw for George, who notes that the passively managed ETF diffuses risks by weighing its top holdings evenly.