International stock performance seems to benefit from Factor Weighting strategies.
Let's Talk ETFs: Schwab International Equity ETF (SCHF)
G'day there! Back in January, I shared some thoughts on the Schwab International Equity ETF or SCHF, giving it a thumbs-up. Fast forward to the present, and it's clear that this fund ain't no slouch. It's been on a tear, with a whopping 14% gain in the first five months - not bad, huh?
The ETF's performance is no secret. According to recent reports, SCHF is up by about 12.76%[1] since January. On a specific day, May 15 to be exact, the price hit a high of $21.14[2]. The reasonable question on everyone's lips is, "What's the secret sauce behind this growth?"
Well, let's dive into the technicals, shall we?
Taking a close look at the Moving Averages, SCHF has been issuing buy signals[2]. The short-term average is currently sitting above the long-term average, implying further growth potential. However, there's a tiny wrench thrown into the mix. The MACD is flashing a sell signal[2], making some folks a little bit nervous about short-term developments.
But wait, there's a bit of good news to balance things out. SCHF scored a Golden Star Signal back in August 2024[2], a rare event that's known for kick-starting strong gains.
The global macro environment is looking pretty ideal for international equities, with decreasing P/E ratios and positive economic forecasts for regions like Japan and Europe. This sets the stage for continued growth for funds like SCHF[3].
However, even with the potential risks of geopolitics and currency fluctuations, SCHF stands out due to its low expense ratio of just 0.06%[1]. It's a dishwater-friendly choice for investors on a budget.
That being said, another fund called the iShares International Equity Factor ETF, or INTF, has been outperforming SCHF in terms of returns due to its factor-based selections and solid history[3].
Finally, when compared to the Schwab International Dividend ETF (SCHY), SCHF has lesser returns - 12.76% vs. 14.69% for SCHY, but its lower expense ratio makes it a more budget-friendly option[1].
In conclusion, SCHF seems to be cruising along nicely, but like with any investment, it's important to keep your eyes open for any shifts in the market or potential rivals. So, folks, always do your homework before making any moves in the stock market jungle! Happy investing! 😊
[1] https://www.etf.com/screener/#!/F/performance?fundid=39587&type=chart[2] https://money.cnn.com/quote/chart/etf/schf/SCHF[3] https://www.schwab.com/resource-center/insights/content/schwab-intl-eq-etf-schf-trading-activities[4] https://www.schwab.com/research/stock-screeners/etf-research/schwab-schwab-intl-eq-etf-schf[5] https://www.etf.com/schwab-international-equity-etf-scrsp
Investors who have been following the performance of SCHF, the Schwab International Equity ETF, might be interested to know that its outstanding growth can be partially attributed to its strong finish on a specific day, May 15, when its price hit a high of $21.14. Furthermore, when considering financial investments, it's worth noting that SCHF stands out due to its low expense ratio of just 0.06%, making it an attractive choice for budget-conscious investors.