SCHY - SCHY ETF: Appreciate The Screening Intent But The Jury Is Still Out
2024-07-05 11:34:36 ET
Summary
- SCHY employs a rigorous screening process whilst selecting its stocks, but the results are not good enough.
- VYMI, its larger peer, appears to have better qualities.
- We close with some thoughts on the technicals and the valuations.
A Multi-Pronged and Rigorous Approach In Portfolio Construction
The Schwab International Dividend Equity ETF ( SCHY ) is one of the more recent (created only in April 2021) international ETFs that focuses on high-yielding non-US stocks that have a decade-long track record of paying dividends (although REITs are not considered in this portfolio)....
SCHY ETF: Appreciate The Screening Intent, But The Jury Is Still Out