FIDI vs SCHY

FIDIAFidelity International High Dividend ETF

SCHYASchwab International Dividend Equity ETF

In short

FIDI A rules-based hunt for dividend payers outside the US: roughly 120 developed-market names, quarterly cash, and a 0.18% fee that undercuts most of the international-dividend shelf.

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

FIDI The fund seeks investment returns that generally track, before fees and expenses, the Fidelity International High Dividend Index. It normally invests at least 80% of assets in index securities or related depositary receipts.

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

• FIDI Costs 0.18% a year against a 0.50% median for international dividend screens, so more of the income stays in the account.
• Built to shadow the Fidelity International High Dividend Index, with at least 80% of assets in index names or their depositary receipts. Tracking has been close.fidelity.com
• Pays quarterly from about 120 developed-market payers: a screened shortlist, not a sweep of every stock that happens to yield.
• Running since 2018 and one of the stronger implementations in its international-dividend peer group.

• 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

• FIDI Cheap, not cheapest. VYMI (0.07%) and SCHY (0.08%) charge less for their own take on overseas dividends.
• Moderately traded rather than a household-name giant, so spreads and limit orders deserve attention at the desk.
• Developed markets only. Emerging-market dividend payers sit outside the mandate, and the payout arrives in foreign currencies before conversion.fidelity.com

• 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 FIDI profile⁠

Full SCHY profile⁠