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Sunday, August 23, 2026The Morning Brief →Sign in
SCHFSchwab

Schwab International Equity ETF

$28.46+0.85% today
232952-WK

The index is comprised of large and mid capitalization companies in developed countries outside the United States, as defined by the index provider. The index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe. The fund will invest at least 90% of its net assets in stocks, including depositary receipts representing securities of the index; such depositary receipts may be in the form of American Depositary Receipts, Global Depositary Receipts and European Depositary Receipts.

Price & daily flows
27.225.523.828.46DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +16.8% so far this year. At 0.060% a year, nothing comparable on our shelf runs cheaper.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$41.6Bassets under management
0.060%expense ratio · $6 per $10,000 a year
net flow, trailing month
7.2Mavg daily volume, 30 days
1518holdings · US-domiciled
2009listed November 2, 2009 · beta 1.09
Performance
1 week-0.1%
1 month+5.1%
3 months+4.4%
6 months+7.3%
YTD+16.8%
1 year+23.4%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
16%realized volatility, 30 days (annualized)
18%realized volatility, 1 year
-11.5%deepest fall from a peak, 1 year
-0.3%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
14calls today
3puts today
0.21put/call ratio
5.4Mshares traded
The case against SCHF

Due diligence cuts both ways. These funds sit on the same shelf and beat SCHF on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-2bp on fee · +$104M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M5× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B4× the assets · +$1.9B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$11.4B+$739M+$739M in over the monthHead-to-head
VWO Vanguard Emerging Markets Stock Index Fund0.08%$79.1B2× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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