EFAD vs SCHY

EFADCProShares MSCI EAFE Dividend Growers ETF

SCHYASchwab International Dividend Equity ETF

In short

EFAD The dividend-aristocrat playbook with a passport: EFAD holds developed-market companies outside the US that have raised dividends at least 10 straight years, weighted equally so no single mega-cap steers the ship.

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

EFAD The Fund seeks to track the MSCI EAFE Dividend Masters Index before fees and expenses.

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

• EFAD Strict door policy: holdings must have increased dividends every year for at least a decade, drawn from large and mid caps in developed markets outside the US and Canada.sec.govproshares.com
• Equal weighting, a 30% sector cap and roughly 80 names keep one giant or one sector from steering the portfolio.sec.gov
• Live since 2014, run as plain index replication, and it has tracked its benchmark closely. Pays quarterly.sec.gov

• 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

• EFAD The 0.50% fee matches its cohort median but sits well above international dividend index rivals like VIGI (0.07%) and IGRO (0.15%).
• Thinly traded, so spreads can run wider than in the category's heavyweights.
• Built-in release valve: if fewer than 40 names clear the 10-year bar, shorter streaks get in, and one country may carry up to half the index weight.sec.gov

• 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 EFAD profile⁠

Full SCHY profile⁠