VYMI - SCHY: Grab A 4.50% Yield And Double-Digit Dividend Growth With This New International Dividend ETF

• Investors want to know how the new Schwab International Dividend Equity ETF scores on yield, growth, risk, valuation, and performance. I'll answer these questions and more in this in-depth piece.
• I've calculated several metrics for this defensive 100-stock portfolio, and found that constituents have a gross 4.71% forward yield, a 10.25% five-year dividend growth rate, and a 0.57 beta.
• The yield is consistent with ten-year backtested Index data, and is far superior to what VIGI offers. You won't find this yield and growth combination anywhere among domestic dividend ETFs.
• Downsides include the likelihood of significant underperformance in bullish markets, primarily due to its low- to mid-single-digit revenue growth rates. It's not as well balanced as I'd prefer.
• Still, like its domestic counterpart SCHD, SCHY is high quality. DGI investors able to accept international investing risks and want instant portfolio diversification should add it to their watch lists.

For further details see: