1. Current tech valuations resemble the 1999 dot-com bubble, signaling a potential shift to safer, value-oriented assets; 2. SCHD’s defensive sector focus (e.g., Consumer Defensive, Health Care) and above-average dividend yield make it a stable, income-focused choice; 3. Despite underperforming tech stocks, SCHD offers resilience and consistent returns, aligning with dividend investors’ priorities amid market volatility.