GCOW vs SCHY

GCOWCPacer Global Cash Cows Dividend ETF

SCHYASchwab International Dividend Equity ETF

In short

GCOW Cash first, dividends second. GCOW ranks global companies by free cash flow yield, then takes the big payers from that pool, so the income comes from businesses the screen says can actually fund it.

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

GCOW The fund seeks income and capital appreciation by screening global companies for high free-cash-flow yield and dividend yield, using a rules-based quality and value methodology.

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

• GCOW The screen leads with free cash flow, not headline yield: global names are filtered on cash generation and value/quality rules before dividends decide the final cut.paceretfs.com
• Truly global, not just overseas. The mandate covers developed markets worldwide in a concentrated basket of roughly 110 stocks, rules-based rather than manager-picked.paceretfs.com
• Running since 2016 and now a multi-billion-dollar fund that trades with reasonable regularity, so getting in and out is rarely the hard part.
• Income arrives on a quarterly schedule from the fund's own distribution calendar.paceretfs.com

• 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

• GCOW At 0.60% a year, it costs more than the typical dividend-screen fund and far more than plain index rivals like VYMI (0.07%) and SCHY (0.08%). The screen has to earn that gap.
• Against its dividend-screen peer group, it sits in the lower tier once cost is weighed alongside how the portfolio is built.
• No target payout is declared. Distributions rise and fall with what the underlying companies pay and with what the screen holds after each rebalance.paceretfs.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 GCOW profile⁠

Full SCHY profile⁠