Schwab International Dividend Equity ETF

Frequently Asked Questions About SCHY

What does SCHY invest in?

The Schwab International Dividend Equity ETF (SCHY) is engineered to closely replicate the overall performance of a specific international market index. This benchmark is composed of companies situated outside the United States that are recognized for offering substantial dividend yields. The fund's objective is to mirror the total return of this index with maximum precision, prior to accounting for its own operational costs and fees.

What is the expense ratio of SCHY?

Schwab International Dividend Equity ETF (SCHY) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

What is SCHY's distribution yield?

SCHY's trailing-twelve-month yield is 3.35%, calculated from the sum of distributions over the past year divided by the current price.

How does SCHY's covered-call strategy work?

SCHY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is SCHY?

Schwab International Dividend Equity ETF (SCHY) manages $2.62B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SCHY actively managed or an index fund?

SCHY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.