SCHF Fund Description

The Schwab International Equity ETF tracks the FTSE Developed ex-US Index, a market-cap-weighted index that consists of large- and midcap stocks in developed markets.

SCHF ETF.com Insight

SCHF delivers a marketlike basket of international stocks at very low all-in costs. The fund’s portfolio matches our benchmark very well–performance data and sector coverageholds Canadian stocks, unlike many popular competitors align nicely–with the exception of small-cap coverage. Small firms make up 9% of the market but only 1% of the fund. The fund also stands apart for including South Korea: Korean equities end up in SCHFs basket because the funds index defines South Korea as a developed nation. It holds Canadian stocks too unlike many popular competitors. SCHF charges 0.08% for this solid basket, one of the lowest fees in the segment, and comparatively cheap for any ETF. The fund boasts a healthy asset base and trades well in the primary and secondary markets. The fund's low fee, strong tradability and broad coverage–including Canada–make it an Analyst Pick. (Insight updated 08/01/2014)

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 11/24/14] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
SCHF 2.86% -3.96% -1.74% 0.41% 14.20% 5.85% --
SCHF (NAV) 3.06% -4.15% -1.33% 0.65% 13.81% 5.88% --
FTSE Developed ex-US Index 3.06% -4.21% -1.45% 0.55% 13.77% 5.98% 5.75%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SCHF Top 10 Countries View All

SCHF Top 10 Sectors

SCHF Top 10 Holdings View All

SCHF Summary Data

Charles Schwab

A company that produces and manages ETFs.

11/03/09

The first date of a fund's operations, as documented by the issuer.

Open-Ended Fund

The organizational structure of the fund or ETN.

0.08%

The net total annual fee a fund holder pays to the issuer.

$2.77 B

The market value of total assets that a fund has accumulated and now manages on behalf of investors.

$22.87 M

It is the daily dollar value of shares traded, averaged over the past 45 trading days.

0.06%

The difference between the highest price a market participant is willing to pay to buy an ETF and the lowest price at which a market participant is willing to sell an ETF, averaged over the past 45 days, as a percent.

SCHF Portfolio Data

$57.26 B

Describes the average of each stock's market cap (share price x shares outstanding) scaled by its weight in the portfolio.

16.40

Weighted average ratio of prices of a fund’s stocks to trailing earnings of underlying stocks.

1.52

Weighted average ratio of prices of a fund’s stocks to the book value of underlying equity.

2.26%

The ratio of distributions paid by the fund over the past 12 months, divided by the fund’s NAV.

12/22/14

The date on which a security's price excludes an upcoming dividend.

1,192

The number of securities held in the fund as of ETF.com’s analysis date, based on issuer portfolios or the creation basket. If an ETF holds other ETFs, we count every constituent, looking through the ETF wrapper.

SCHF Index Data

FTSE Developed ex-US Index

This is the benchmark an ETF is desigend to track or replicate.

Market Cap

A set of rules that the underlying index provider follows to weight its constituent securities.

Market Cap

A set of rules that the underlying index provider follows to select its constituent securities.

MSCI World Ex-USA
Investable Markets

This is the index that we have chosen as the best-in-class gauge for each segment's broad market.

Related ETFs to SCHF

EFA, DWM, VEA, PXF, GWL

ETFs from within the same segment or closely related segments with similar investment objectives or market exposures.

SCHF ETF.com Efficiency Insight

SCHF offers the one of the segment's lowest expense ratio at 0.08%. Its low holding cost has perhaps been a driver in its healthy asset base. The fund has been tax efficient and has minimal closure risk. (Insight updated 08/01/2014)

Total Return - 11/24/2014
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 11/24/14] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
SCHF 2.86% -3.96% -1.74% 0.41% 14.20% 5.85% --
SCHF (NAV) 3.06% -4.15% -1.33% 0.65% 13.81% 5.88% --
FTSE Developed ex-US Index 3.06% -4.21% -1.45% 0.55% 13.77% 5.98% 5.75%
MSCI World Ex-USA Investable Markets 2.99% -4.36% -1.52% 0.76% 14.01% 6.28% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SCHF Portfolio Management

0.08%

The net annual fee a fund holder pays to the issuer.

-0.12%

Compares returns of the fund's NAV to its underlying index for a daily series of overlapping 12 month periods. The median is the middle value of the results.

0.15%

Largest deviation in a positive direction of a fund's returns vs. its underlying index over the past 12 months.

-0.32%

Largest deviation in a negative direction of a fund's returns vs. its underlying index over the past 12 months.

SCHF Tax Exposures

20.00% / 39.60%

The maximum long-term and short-term U.S. tax rates applicable to a realized capital gain.

0.00%

The average capital gains paid out to shareholders in the past 36 months, measured as a percent of net asset value (NAV) at the time.

Qualified dividends

IRS treatment of the majority of the fund's distributions.

No

ETFs that are structured as commodities pools and classified as limited partnerships by the IRS will issue K-1 forms to holders.

SCHF Fund Structure

Open-Ended Fund

The organizational structure of the fund or ETN.

No

An indicator of whether a fund uses over-the-counter derivatives such as swaps or forwards to achieve its objectives.

Yes

An indicator of whether or not a fund actively lends its portfolio holdings.

100% / 0%

The division of securities lending revenue between the fund and the issuer.

N/A

The institution responsible for providing the return of the stated index and whose credit is the sole backing of the ETN.

N/A

The risk of default by the ETN counterparty.

Low

The likelihood that an issuer will shut down a fund for business or regulatory reasons.

Daily

The frequency of an issuer's disclosure of all fund holdings.

SCHF ETF.com Tradability Insight

SCHF is among the most liquid funds in the segment. Spreads are tight on strong median daily volume. Block liquidity for those trading in size also looks strong based on KCG data. The one drawback here is structural: SCHF’s high fee for creations makes it more expensive for those trading at the largest sizes. (Insight updated 08/01/2014)



Average Spread
Premium/Discount
Volume

SCHF ETF.com/ Block LiquidityAs of 11/25/2014

5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of SCHF. SCHF is rated a 5 out of 5.

SCHF Tradability

756,290

It is the daily number of shares traded, averaged over the past 45 trading days.

$22.87 M

It is the daily dollar value of shares traded, averaged over the past 45 trading days.

661,129

Median number of shares traded over the past 45 trading days.

$20.13 M

Median dollar value of shares traded over the past 45 trading days.

0.06%

The difference between the highest price a market participant is willing to pay to buy an ETF and the lowest price at which a market participant is willing to sell an ETF, averaged over the past 45 days, as a percent.

$0.02

The difference between the highest and lowest posted prices for an ETF, averaged over the past 45 days, in dollars.

0.39%

The middle value in the ranked set of all premium/discount values over a maximum 12-month period.

1.64% / -1.15%

The greatest amount that the market price exceeded (premium) and fell below (discount) its fair value/net asset value (NAV) over a maximum 12-month period.

None

This flags whether there is currently a systemic issue that has restricted the ability to create or redeem shares of the fund. This may be imposed by the fund's issuer, or by external circumstances.

30.59%

The percent of time that the underlying securities of an ETF are open to trading while US exchanges are open.

100,000

The smallest block of ETF shares that an Authorized Participant can either create or redeem at net asset value (NAV) with the issuer in exchange for the underlying shares of the fund.

6.61

The median 45 day share volume divided by the creation unit size of the fund. The higher the number, the more likely that liquidity providers will trade the fund in size, or in odd lots.

0.47%

The standard fee to create or redeem 1 creation unit of an ETF as a percentage of the dollar value of 1 creation unit.

0.01%

This metric serves as a way of understanding the impact of executing 1 creation unit worth of an ETF in terms of the volume of its underlying components.

312

The total number of net outstanding options contracts for an ETF.

$30.81

The total market value of the assets that an ETF holds less fund expenses.

5

An estimate of liquidity for the underlying baskets of securities, scaled 1 to 5.

SCHF ETF.com Fit Insight

SCHF’s basket captures the international equity market well. The fund’s returns align well with those of the market, and its sector tilts are too small to mention. SCHF does show a bias toward large-caps relative to our benchmark—small-caps are outside of the universe of the fund’s FTSE index. By country, SCHF includes Canadian securities as well as South Korean stocks, unlike some popular competitors that track the EAFE index. (Insight updated 08/01/2014)

SCHF Sector/Industry BreakdownView All

SCHF Segment Benchmark
26.66% 26.68%

13.67% 13.19%

12.03% 11.73%

9.83% 10.05%

8.36% 7.83%

7.82% 7.75%

4.00% 4.73%

3.29% 3.42%

SCHF Geographic ExposureView All

SCHF Segment Benchmark
19.62% 19.47%

19.07% 18.15%

10.07% 8.23%

7.71% 7.82%

7.64% 7.68%

7.49% 7.38%

7.07% 7.02%

2.84% 3.19%

18.47% 17.35%

SCHF Segment Benchmark
57.86% 55.90%

31.27% 35.06%

10.29% 8.44%

0.57% 0.59%

0.02% 0.01%

99.94% / 0.06% 99.86% / 0.14%

SCHF Performance Statistics

1.00

The degree to which the fund and its segment benchmark move up and down in unison.

0.98

The sensitivity of the returns of the fund to the movement of the ETF.com segment benchmark. Beta of 1.0 means magnitude of fund returns equals that of IU benchmark returns.

0.97

The comparison of a fund's return to our benchmark's for days when the benchmark is up. Ideally down beta is less than up beta while beta of 1.0 means they're equal.

1.00

The comparison of a fund's return to our benchmark's for days when the benchmark is down. Ideally down beta is less than up beta while beta of 1.0 means they're equal.

0.04%

A measure of the variability between the fund's returns and the ETF.com segment benchmark returns on days when the fund underperforms the benchmark.

MSCI World Ex-USA
Investable Markets

This is the index that we have chosen as the best-in-class gauge for each segment's broad market.

SCHF Benchmark Comparison

SCHF
1192 Holdings
Segment Benchmark
3378 Constituents
Shared Holdings
1060 (Count)
 
84.86% (Weight)
SCHFSegment Benchmark
$52.24 B$57.26 B

The average market capitalization of the firms in the portfolio based on each firm’s weighting in the portfolio.

The breakdown of the portfolio’s holdings into each market capitalization bucket based on each firm’s weighting in the portfolio.

68%76%
22%22%
8%2%
1%0%
17.3516.40

Weighted average ratio of prices of a fund’s stocks to trailing earnings of underlying stocks.

1.551.52

Weighted average ratio of prices of a fund’s stocks to the book value of underlying equity.

2.56%2.50%

The weighted average of the current yield on the portfolio’s holdings.

33781192

The number of securities held in the fund as of ETF.com’s analysis date, based on issuer portfolios or the creation basket. If an ETF holds other ETFs, we count every constituent, looking through the ETF wrapper.

LowLow

The level of return contribution attributable to the average portfolio constituent.