Schwab International Small-Cap Equity ETF
ALTAR
Score™
9.6% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
12.2x P/Sales
ratio
0.6x
P/BV
ratio
0.9x Div.
yield
3.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab International Small-Cap Equity ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to track as closely as possible, before fees and expenses, the total return of the FTSE Developed Small Cap ex-US Liquid Index.

FUND BASICS
Category International Equities
Fund Sponsor Charles Schwab Investment Management Inc
Website www.schwabetfs.com
Inception date Jan 13, 2010
Assets (mns) $1,764
Currency USD
Expense ratio 12 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 2071
Wgt avg mkt cap (mns) $1,524
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 35.0%
Small cap (<$2bn) 64.9%
Developed mkts 94.1%
Emerging mkts 5.9%

TOP TEN HOLDINGS
EMERA INC 0.7 %
OPEN TEXT CORP 0.7 %
KIRKLAND LAKE GOLD LTD. 0.6 %
ALGONQUIN POWER & UTILITIES 0.5 %
GENIVAR INC 0.4 %
CAN APARTMENT PROP REAL ESTA 0.4 %
KINROSS GOLD CORP 0.4 %
HELLOFRESH SE 0.3 %
CCL INDUSTRIES INC - CL B 0.3 %
GETINGE AB-B SHS 0.3 %
Total 4.5 %

TOP COUNTRY EXPOSURE
JAPAN 16.5 %
CANADA 15.4 %
BRITAIN 10.0 %
AUSTRALIA 4.1 %
SOUTH KOREA 4.0 %
SWITZERLAND 3.8 %
GERMANY 3.7 %
SWEDEN 3.6 %
FRANCE 2.1 %
ITALY 2.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-29.6% -21.9% -1.7% 2.4% 3.2%

Market Correlations
versus... Beta R-squared
S&P500 1.06 82%
MSCI EAFE 1.15 94%
MSCI Emg. Mkts. 0.90 85%

Technical Indicators
Recent close $23.24
30d moving avg. $26.72
Annualized volatility 17.7%
Short interest (ETF) 0.6%
Relative strength (RSI) 31

Liquidity measures
Avg. volume (thou.) 1,632
Turnover 2.2%
Bid/Ask (% of price) 0.41%
ADV underlying (mns) $11,506

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Schwab International Small-Cap Equity ETF ETF based on the alternatives' overlap in portfolio holdings with SCHC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SCHC Expense: 12 bp ALTAR Score™: 9.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SCHC
Ticker Fund
Name
Overlap1
vs SCHC
(%)
Expense
ratio
(bp)
Savings
vs SCHC
(bp)
ALTAR
Score™
(%)
ALTAR
vs SCHC
(%)
VSS Vanguard FTSE All World (ex-US) Small Cap Index Fund 58.3 11 1 9.4 -0.3
SCZ iShares MSCI Eafe Small-Cap ETF 42.4 40 -28 8.8 -0.9
GWX SPDR S&P International Small Cap ETF 39.1 40 -28 8.2 -1.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 36.9 49 -37 9.4 -0.2
IEUS iShares MSCI Europe Small-Cap ETF 35.5 40 -28 9.3 -0.4
FNDC Schwab Fundamental International Small Co. Index ETF 35.3 39 -27 9.6 -0.0
DDLS WisdomTree Dynamic Currency Hedged Intl SmallCap Equity Fund 25.1 43 -31 11.8 +2.2
DLS WisdomTree International SmallCap Dividend Fund 22.9 58 -46 11.9 +2.3
ISDS Invesco Strategic Developed ex-US Small Company ETF 21.9 35 -23 7.8 -1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 18.0 39 -27 11.9 +2.3
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 17.4 40 -28 10.8 +1.2
AVDV Avantis International Small Cap Value ETF 16.5 36 -24 12.1 +2.5
SCJ iShares MSCI Japan Small-Cap ETF 15.9 47 -35 8.2 -1.4
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 13.9 58 -46 10.6 +1.0
DFJ WisdomTree Japan SmallCap Dividend Fund 13.8 58 -46 10.7 +1.1
AVDE Avantis International Equity ETF 11.9 23 -11 10.4 +0.8
DFE WisdomTree Europe SmallCap Dividend Fund 11.9 58 -46 12.9 +3.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 10.5 80 -68 15.0 +5.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 10.3 58 -46 10.6 +1.0
EWUS iShares MSCI United Kingdom Small Cap ETF 10.3 59 -47 11.3 +1.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.4 39 -27 8.4 -1.2
SCID Global X Scientific Beta Europe ETF 8.6 38 -26 8.9 -0.7
DBAP Xtrackers MSCI Asia Pacific ex Japan Hedged Equity ETF 8.4 10 2 10.8 +1.2
BBCA JPMorgan BetaBuilders Canada ETF 8.1 19 -7 9.2 -0.5
DDEZ WisdomTree Europe Multifactor Fund 8.1 43 -31 8.6 -1.0
WPS iShares International Developed Property ETF 8.1 48 -36 9.2 -0.4
QCAN SPDR MSCI Canada Quality Mix ETF 7.9 14 -2 9.0 -0.6
VNQI Vanguard Global ex-US Real Estate Index Fund 7.8 12 0 11.7 +2.1
EWC iShares MSCI Canada ETF 7.7 49 -37 8.9 -0.7
VEA Vanguard FTSE Developed Markets ETF 7.1 5 7 9.7 +0.1
DRW WisdomTree Global ex-US Real Estate Fund 6.7 58 -46 12.1 +2.5
IFGL iShares International Developed Real Estate ETF 6.5 48 -36 9.0 -0.6
IEUR iShares Core MSCI Europe ETF 6.4 9 3 9.3 -0.3
VPL Vanguard FTSE Pacific ETF 6.3 8 4 10.0 +0.4
VGK Vanguard FTSE Europe ETF 6.3 8 4 9.5 -0.1
IDEV iShares Core MSCI International Developed Markets ETF 6.2 5 7 9.4 -0.2
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 6.2 60 -48 8.9 -0.7
IEFA iShares Core MSCI EAFE ETF 6.1 7 5 9.4 -0.2
FEU SPDR Portfolio Europe ETF 5.7 9 3 9.3 -0.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 5.7 29 -17 10.9 +1.3
IXUS ishares Core MSCI Total International Stock ETF 5.7 9 3 9.7 +0.1
VXUS Vanguard Total International Stock Index Fund 5.5 8 4 9.8 +0.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 5.1 45 -33 8.9 -0.7
ISDX Invesco Strategic Developed ex-US ETF 5.0 23 -11 10.1 +0.5
IPAC iShares Core MSCI Pacific ETF 4.8 9 3 9.5 -0.1
DWM WisdomTree International Equity Fund 4.8 48 -36 10.8 +1.2
FDT First Trust Developed Markets ex-US Alphadex Fund 4.8 80 -68 11.5 +1.9
EUDG WisdomTree Europe Quality Dividend Growth Fund 4.7 58 -46 7.9 -1.7
FCAN First Trust Canada AlphaDex Fund 4.6 80 -68 7.6 -2.0
SPDW SPDR Portfolio Developed World ex-US ETF 4.4 4 8 9.3 -0.3
REET iShares Global REIT ETF 4.3 14 -2 9.1 -0.5
IFEU iShares Europe Development Real Estate ETF 4.2 48 -36 8.3 -1.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 4.1 69 -57 10.6 +1.0
DXJ WisdomTree Japan Hedged Equity Fund 4.0 48 -36 11.0 +1.4
GRES IQ Global Resources ETF 3.9 77 -65 9.4 -0.2
SMEZ SPDR EURO STOXX Small Cap ETF 3.9 45 -33 7.2 -2.4
EWGS iShares MSCI Germany Small Cap ETF 3.8 59 -47 7.1 -2.5
DIM WisdomTree International MidCap Dividend Fund 3.8 58 -46 10.4 +0.8
FEP First Trust Europe AlphaDEX Fund 3.8 80 -68 11.2 +1.6
VSGX Vanguard ESG International Stock ETF 3.8 17 -5 9.3 -0.3
RWX SPDR Dow Jones International Real Estate ETF 3.8 59 -47 8.2 -1.4
DTH WisdomTree DEFA Equity Income Fund 3.7 58 -46 12.6 +3.0
GQRE FlexShares Global Quality Real Estate Index Fund 3.7 45 -33 9.2 -0.4
IQDG WisdomTree International Quality Dividend Growth Fund 3.7 38 -26 8.0 -1.6
AIIQ AI Powered International Equity ETF 3.7 79 -67 6.5 -3.1
IGRO iShares International Dividend Growth ETF 3.6 22 -10 9.9 +0.3
RWO SPDR Dow Jones Global Real Estate ETF 3.5 50 -38 8.7 -0.9
INTF iShares Edge MSCI Multifactor Intl ETF 3.4 30 -18 10.4 +0.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 3.4 58 -46 7.8 -1.8
PDEV Principal International Multi-Factor Core Index ETF 3.3 25 -13 8.6 -1.0
DDJP WisdomTree Dynamic Currency Hedged Japan Equity Fund 3.2 43 -31 11.1 +1.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 3.1 35 -23 11.0 +1.4
IDLV Invesco S&P International Developed Low Volatility ETF 3.0 25 -13 8.1 -1.5
DNL WisdomTree Global ex-US Dividend Growth Fund 2.7 58 -46 9.7 +0.1
PIZ Invesco DWA Developed Markets Momentum ETF 2.6 80 -68 6.2 -3.4
UIVM VictoryShares USAA MSCI International Value Momentum ETF 2.5 35 -23 10.9 +1.3
VIGI Vanguard International Dividend Appreciation ETF 2.5 25 -13 7.3 -2.3
ISZE iShares Edge MSCI Intl Size Factor ETF 2.4 30 -18 9.2 -0.4
LVIN Hartford Multifactor Low Volatility International Equity ETF 2.4 29 -17 15.0 +5.4
VT Vanguard Total World Stock Index Fund 2.4 8 4 8.2 -1.4
GOEX Global X Gold Explorers ETF 2.3 65 -53 5.1 -4.5
RING iShares MSCI Global Gold Miners ETF 2.3 39 -27 5.0 -4.6
SGDM Sprott Gold Miners ETF 2.3 50 -38 3.5 -6.2
HAP VanEck Vectors Natural Resources ETF 2.3 50 -38 8.7 -0.9
FEUZ First Trust Eurozone AlphaDEX ETF 2.2 80 -68 10.2 +0.6
VIDI Vident International Equity Fund 2.2 59 -47 15.3 +5.7
RNDM Developed International Equity Select ETF 2.2 65 -53 8.2 -1.4
IDV iShares International Select Dividend ETF 2.1 49 -37 15.2 +5.6
KLDW Gavekal Knowledge Leaders Developed World ETF 2.0 75 -63 6.5 -3.1
FDEV Fidelity Targeted International Factor ETF 2.0 39 -27 7.9 -1.7
WDIV SPDR Global Dividend ETF 2.0 40 -28 12.8 +3.2
FID First Trust S&P International Dividend Aristocrats ETF 2.0 60 -48 11.8 +2.2
HEDJ WisdomTree Europe Hedged Equity Fund 1.9 58 -46 10.0 +0.4
PID Invesco International Dividend Achievers ETF 1.9 54 -42 9.9 +0.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.9 25 -13 8.7 -0.9
EWK iShares MSCI Belgium Capped ETF 1.9 49 -37 8.0 -1.6
IDMO Invesco S&P International Developed Momentum ETF 1.8 25 -13 5.8 -3.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.8 70 -58 4.4 -5.3
GUNR Flexshares Morningstar Global Upstream Natural Resources 1.8 46 -34 8.3 -1.3
AVEM Avantis Emerging Markets Equity ETF 1.8 33 -21 12.1 +2.5

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Schwab International Small-Cap Equity ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.3 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 12 bp
Equals: ALTAR Score 9.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.58
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.