IDV vs SCHY

IDVBiShares International Select Dividend ETF

SCHYASchwab International Dividend Equity ETF

In short

IDV One of the original international dividend ETFs (2007). IDV runs a tight list, roughly 100 higher-yielding companies across developed markets outside the US, and sticks closely to the index it tracks.

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

IDV The Fund seeks to track an index of relatively high-dividend-paying equities in non-U.S. developed markets, providing exposure to dividend-focused international companies.

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

• IDV A 2007 launch makes it one of the longest-running funds in the international dividend aisle, and it has grown into a multi-billion-dollar fund that trades actively.
• Follows the Dow Jones EPAC Select Dividend Index closely, one of the tighter index implementations among its dividend-screen peers.
• Pays quarterly and draws its income from developed markets outside the US, a different dividend pool than an S&P 500 income fund.

• 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

• IDV The 0.50% expense ratio sits at the category median but far above cheap index rivals such as VYMI (0.07%) and SCHY (0.08%).
• About 100 names is a narrow slice of the developed world, so individual countries, sectors and companies swing results more than in a broad international index.
• Holdings are priced in foreign currencies, so exchange-rate moves feed into returns alongside the dividends themselves.ishares.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 IDV profile⁠

Full SCHY profile⁠