Schwab International Dividend Equity ETF (SCHY) is an exchange-traded fund that seeks to track the total return of the Dow Jones International Dividend 100 Index, providing investors with exposure to high-quality, dividend-paying companies outside the United States. The ETF's core holdings include a diversified portfolio of approximately 100 international equities selected for their consistent dividend payments, financial strength, and sustainable payout ratios; key sectors encompass consumer staples, industrials, healthcare, and financials, with major positions in companies such as Nestle SA, Novartis AG, and Roche Holding AG. SCHY offers daily liquidity on the NYSE Arca exchange, low expense ratio of 0.14%, and quarterly dividend distributions, targeting long-term investors seeking income and growth from developed and emerging markets excluding North America.
Geographically, SCHY operates with primary exposure to Europe (around 50%), Asia-Pacific (30%), and emerging markets (20%), spanning countries like Switzerland, Japan, the United Kingdom, Australia, and emerging economies in Asia and Latin America. Launched in 2021 by Charles Schwab Investment Management, Inc., a subsidiary of The Charles Schwab Corporation headquartered in Westlake, Texas, the ETF fits within Schwab's broader asset management segment serving retail and institutional clients worldwide.
In recent developments, SCHY benefited from Schwab's 2023 acquisition of TD Ameritrade, which expanded its client base and distribution channels for ETFs including SCHY; additionally, the fund saw asset under management growth exceeding 20% year-over-year as of late 2025 amid rising demand for international dividend strategies. No major reorganizations or name changes have occurred, but Schwab announced enhancements to its ETF lineup in 2025, including improved index methodology tweaks for SCHY to emphasize ESG factors in dividend selection. These changes position SCHY as a resilient option in volatile global markets.