SCHY: Makes An Excellent International Companion To SCHD

Summary

• The Schwab International Dividend Equity ETF offers diversified international exposure, focusing on dividend-paying stocks outside the US, and serves as a defensive hedge against US market volatility.
• SCHY's selection criteria include 10 consecutive years of dividend payments and a market cap of at least $500M, ensuring high-quality holdings.
• Despite underperforming peers and lacking tech exposure, SCHY complements SCHD by providing higher starting yields and international diversification.
• The current dividend yield of SCHY is estimated to be around 4.6%, offering a solid income stream compared to SCHD's 3.3% yield.

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Overview

Schwab's U.S. Dividend Equity ETF (SCHD) is undoubtedly one of the most popular dividend focused ETFs in the market. The total return, holding diversity, and dividend growth performance are almost unmatched. As US-based indexes like the S&P

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SCHY over the next 72 hours. 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.