SCHY mirrors SCHD's dividend-screening methodology but targets international developed markets, paying a ~6% yield at the same 0.09% expense ratio. IDV concentrates in European financials and UK oils for maximum yield but swings wildly between quarters, ranging from $0.20 to $1.10 per share. VYMI's 1,300-stock portfolio at 0.07% captures emerging-market dividend payers in Taiwan, China, and Brazil that most U.S.-listed ETFs exclude entirely.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor) The Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) has become the default income sleeve for millions of American portfolios, but its international sibling barely registers with the same audience. The Schwab International Dividend Equity ETF (NYSEARCA:SCHY) applies the same Dow Jones dividend-screening playbook to developed markets outside the United States, and it currently distributes at a higher rate than its domestic cousin.
For investors willing to look past the home-country tilt, two other funds round out a credible international income shelf: the iShares International Select Dividend ETF (BATS:IDV) for concentrated high-yield exposure, and the Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) for the broadest reach across developed and emerging markets. Each fund answers a different question about how much yield, concentration, and geographic breadth an income investor actually wants. Payout ratios in Europe, Japan, and Australia have historically run higher than in the U.S., where buybacks absorb a larger share of shareholder returns.
That gap widened after several years of dollar weakness and rising profitability at European banks. Non-U.S. dividend funds have also outperformed their American peers over the past year: SCHY is up 25%, IDV has gained 29%, and VYMI has advanced 31%. SoFi Active Invest is offering a limited-time promotion.
Open an account, fund it with $50 or more, and you could receive up to $3,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. Schwab took its flagship dividend index and pointed it outward, which is why SCHY exists.
The fund tracks the Dow Jones International Dividend 100 Index, screening for consistent payers with a record of stable distributions, and weighting them by yield within quality guardrails. That is the same architecture that turned SCHD into one of the largest dividend ETFs in the country, though SCHY holds roughly $2.27 billion in net assets, a fraction of what its domestic version has attracted. The current portfolio reads like a global blue-chip roster.
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