Key stats
About Schwab International Dividend Equity ETF
Expense ratio
0.14%
Home page
Inception date
Apr 29, 2021
SCHY is passively managed to screen the large- and midcap stock universe, outside of the US, for high-dividend-yielding stocks. Eligible stocks must have a record of consistently paying dividends for at least 10 consecutive years. Such companies are then ranked based on a composite score that measures cash flow to total debt, return on equity, indicated dividend yield and 5-year dividend growth rate. A volatility screen is then applied to the 400 highest ranked stocks, selecting the top 100 stocks for inclusion in the index. Caps are placed on individual holdings at 4%, sector exposures at 15%, and emerging market exposure at 15%. The index is reconstituted annually and rebalanced quarterly.
Classification
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Communications
Health Technology
Stock breakdown by region