Charles Schwab Launches an International Equity ETF, 'SCHY'
On Thursday, Charles Schwab Investment Management, Inc. (CSIM) announced that the Schwab International Dividend Equity ETF (SCHY) is expected to begin trading on or around April 29, 2021. With an operating expense ratio (OER) of 0.14%, the fund will be among the lowest cost ETFs providing exposure to international dividend equity securities. The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones International Dividend 100 Index, which is composed of high dividend yielding stocks issued by companies outside the United States. Normally...