PID vs SCHY

PIDCInvesco International Dividend Achievers ETF

SCHYASchwab International Dividend Equity ETF

In short

PID One of the original ways to own dividend growth outside the US. Since 2005, PID has run the Achievers streak test (five straight years of rising payouts) on non-US companies, landing on a tight roster of about 60 names.

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

PID The Fund seeks international dividend-achiever exposure, normally investing at least 90% of assets in dividend-paying stocks and other securities in its Index. Eligible companies have consistently increased aggregate regular cash dividends for at least five consecutive years.

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

• PID The screen is a hurdle, not a yield grab: a company must have raised its aggregate regular cash dividend five consecutive years just to be eligible.invesco.com
• Trading since 2005, one of the longest-running international dividend-growth ETFs on the tape, with a multi-cycle operating history behind the strategy.
• Roughly 60 stocks with at least 90% of assets in index securities. You get the screen you signed up for, not a closet global benchmark.
• Cash arrives on a quarterly schedule, from a portfolio assembled entirely around payout-raising companies.

• 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

• PID At 0.53% it sits above the 0.50% cohort median, and rivals like VYMI (0.07%), SCHY (0.08%) and VIGI (0.07%) run international dividend books for a fraction of that.
• Moderately traded rather than a category heavyweight, so spreads and order handling matter more on large or hurried trades.
• A five-year streak rule shrinks the pond. With about 60 holdings, country and sector weights can tilt hard toward wherever dividend streaks cluster.

• 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 PID profile⁠

Full SCHY profile⁠