DWX vs SCHY

DWXBState Street SPDR S&P International Dividend ETF

SCHYASchwab International Dividend Equity ETF

In short

DWX DWX goes hunting for the fattest dividends outside the US: roughly 100 high yielders pulled from the S&P Global ex-US BMI, China A shares excluded. Yield first, and it has been running that playbook since 2008.

SCHY Schwab's dividend playbook with a passport: an index of non-US high payers filtered for sustained dividends, financial strength and low volatility, run for 0.08% a year while the typical fund in its group charges 0.50%.

Stated mandate

DWX The Fund seeks to track the total return of the S&P International Dividend Opportunities Index, an index of high-yielding international common stocks selected from the S&P Global ex-U.S. BMI, excluding China A shares.

SCHY The fund seeks to track, before fees and expenses, an index of high-dividend-yielding stocks issued by companies outside the United States. Its index methodology emphasizes sustained dividend payments, relative financial strength, and lower volatility.

Why people hold it

• DWX Yield-first by design. The index screens for high-yielding international common stocks rather than steady dividend growers, so the basket leans where payouts are richest.
• One of the older international dividend ETFs on the board, live since 2008, with a full market cycle of history behind the strategy.
• Tracks its benchmark tightly, one of the cleaner index implementations among international dividend funds, and the fee sits below the typical charge in that group.
• Concentrated on purpose: about 100 names, paying quarterly. You get a focused slice of global high-yield equity, not a 1,500-stock index blur.

• SCHY Costs 0.08% a year against a 0.50% median for international dividend screens, one of the cheapest ways to rent this strategy.
• The index does more than chase yield: it screens for sustained payers, relative financial strength and lower volatility. Cash goes out quarterly.
• A plain passive tracker of the Dow Jones International Dividend 100 Index that has hugged its benchmark closely, with a multibillion-dollar base and shares that trade actively.
• Stands among the stronger implementations in its international dividend peer group on cost, tracking and tradability.

Worth knowing

• DWX It trades thinly for its size, so spreads can run wider than the household-name international dividend funds.
• At 0.45%, it costs several times what plain-vanilla rivals like VYMI, SCHY and VIGI charge. You are paying up for the high-yield screen.
• Chasing the highest yields abroad concentrates the fund in whichever sectors and countries are paying most at rebalance, a different risk mix than a broad international index.

• SCHY Roughly 130 stocks, a narrower net than a broad international fund. Dividend screens naturally bunch up in a handful of sectors and countries.
• Launched in 2021, so it carries a shorter live record than the veterans of international dividend investing.
• Two neighbors shave the fee a touch further: VYMI and VIGI charge 0.07%, though each screens for different things.

Full DWX profile⁠

Full SCHY profile⁠