VYMI - SCHY: A Performance Drag Compared To VYMI (Rating Downgrade)
2024-07-05 07:01:28 ET
Summary
- SCHY is down 1% this year, significantly underperforming SPY and VEU amid a stronger USD but strength in global equities.
- SCHY has consistently underperformed VYMI despite carrying a lower expense ratio and higher yield.
- SCHY trades at a low P/E ratio but has a low long-term EPS growth rate, while its technical situation is less than stellar.
The Schwab International Dividend Equity ETF (SCHY) is down about 1% so far this year, dividends included. That’s a steep 17 percentage points below the performance of the S&P 500 Trust ETF (SPY). Of course, SCHY is a foreign high-dividend portfolio, but it is still losing ground to the Vanguard FTSE All-World ex-US ETF (VEU) so far in 2024. ...
SCHY: A Performance Drag Compared To VYMI (Rating Downgrade)