Schwab International Core Equity Fund
Summary
Objective
The fund seeks long-term capital growth.
Highlights
- An actively managed fund that seeks to assemble a portfolio with long-term performance that will exceed that of the MSCI EAFE® Index
- A convenient way to gain broad exposure to the international equities market
- Seeks to deliver consistent, risk-adjusted excess return through a disciplined investment process that uses Schwab Equity Ratings International® as one of several inputs*
- An experienced investment team evaluates securities based on five components: growth, quality, sentiment, stability, and valuation
Fund Details
Fund Profile
| Fund Inception | 05/30/2008 | |
|---|---|---|
| Total Net Assets As of 12/10/2024
|
12/10/2024 | $625,794,152.05 |
| Index Name | MSCI EAFE Index (Net) | |
| Shares Outstanding As of 12/10/2024
|
12/10/2024 | 50,766,617 |
| NAV As of 12/10/2024
|
12/10/2024 | $12.33 |
| Total Holdings As of 09/30/2024
|
09/30/2024 | 158 |
| Portfolio Turnover Rate As of 10/31/2024
|
10/31/2024 | 64.24% |
| Morningstar Category | Foreign Large Blend | |
| Management Style | Active |
Fees & Minimum
| Gross Expense Ratio † | 0.870% | |
|---|---|---|
| Net Expense Ratio † | 0.860% | |
| Minimum Initial Investment | No Minimum | |
| 12b-1 Fee | 0.000% |
Fund Characteristics
| Weighted Average Market Capitalization As of 10/31/2024
|
10/31/2024 | $108.23B |
|---|---|---|
| Price to Earnings Ratio As of 10/31/2024
|
10/31/2024 | 14.42 |
| Price to Book Ratio As of 10/31/2024
|
10/31/2024 | 1.97 |
| Price to Cash Flow As of 10/31/2024
|
10/31/2024 | 7.49 |
| Return on Equity As of 10/31/2024
|
10/31/2024 | 21.65% |
| Alpha (3 Yr) As of 10/31/2024
|
10/31/2024 | 1.79 |
| Beta vs. Benchmark (3 Yr) As of 10/31/2024
|
10/31/2024 | 0.98 |
| R Squared (3 Yr) As of 10/31/2024
|
10/31/2024 | 95.02 |
| Sharpe Ratio (3 Yr) As of 10/31/2024
|
10/31/2024 | 0.04 |
| Standard Deviation (3 Yr) As of 10/31/2024
|
10/31/2024 | 17.30% |
Performance
Total Return
Monthly
-
SICNX
Cumulative Returns (%)
- 1 Month
- +0.83
- 3 Month
- -3.94
- YTD
- +12.05
Annualized Returns (%)
- 1 Year
- +17.50
- 3 Year
- +6.10
- 5 Year
- +6.53
- 10 Year
- +5.11
- Inception
- +3.78
-
Foreign Large Blend (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- -0.03
- 3 Month
- -3.61
- YTD
- +7.70
Annualized Returns (%)
- 1 Year
- +13.13
- 3 Year
- +3.17
- 5 Year
- +5.77
- 10 Year
- +4.86
-
MSCI EAFE Index (Net) (Index)
Cumulative Returns (%)
- 1 Month
- -0.57
- 3 Month
- -5.11
- YTD
- +6.24
Annualized Returns (%)
- 1 Year
- +11.88
- 3 Year
- +4.15
- 5 Year
- +5.89
- 10 Year
- +5.07
-
MSCI EAFE Fair Value Index (Net) (Index)
Cumulative Returns (%)
- 1 Month
- -0.13
- 3 Month
- -4.94
- YTD
- +6.62
Annualized Returns (%)
- 1 Year
- +12.33
- 3 Year
- +4.17
- 5 Year
- +5.95
- 10 Year
- +5.12
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SICNX | +0.83 | -3.94 | +12.05 | +17.50 | +6.10 | +6.53 | +5.11 | +3.78 | |
| Foreign Large Blend (Morningstar Category) | -0.03 | -3.61 | +7.70 | +13.13 | +3.17 | +5.77 | +4.86 | ||
| MSCI EAFE Index (Net) (Index) | -0.57 | -5.11 | +6.24 | +11.88 | +4.15 | +5.89 | +5.07 | ||
| MSCI EAFE Fair Value Index (Net) (Index) | -0.13 | -4.94 | +6.62 | +12.33 | +4.17 | +5.95 | +5.12 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Quarterly
-
SICNX
Average Annual Returns (%)
- 1 Year
- +28.17
- 3 Year
- +7.08
- 5 Year
- +8.15
- 10 Year
- +5.28
- Inception
- +4.04
-
Foreign Large Blend (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
-
MSCI EAFE Index (Net) (Index)
Average Annual Returns (%)
- 1 Year
- +24.77
- 3 Year
- +5.48
- 5 Year
- +8.20
- 10 Year
- +5.71
-
MSCI EAFE Fair Value Index (Net) (Index)
Average Annual Returns (%)
- 1 Year
- +25.25
- 3 Year
- +5.63
- 5 Year
- +8.18
- 10 Year
- +5.72
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SICNX | +28.17 | +7.08 | +8.15 | +5.28 | +4.04 | |
| Foreign Large Blend (Morningstar Category) | -- | -- | -- | -- | ||
| MSCI EAFE Index (Net) (Index) | +24.77 | +5.48 | +8.20 | +5.71 | ||
| MSCI EAFE Fair Value Index (Net) (Index) | +25.25 | +5.63 | +8.18 | +5.72 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
After Tax Returns
Pre-Liquidation
SICNX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +27.47
- 3 Year
- +6.44
- 5 Year
- +7.61
- 10 Year
- +4.78
- Inception
- +3.63
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +17.20
- 3 Year
- +5.44
- 5 Year
- +6.44
- 10 Year
- +4.22
- Inception
- +3.28
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.09
- 3 Year
- +1.00
- 5 Year
- +0.93
- 10 Year
- +0.78
- Inception
- +0.73
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +27.47 | +6.44 | +7.61 | +4.78 | +3.63 | |
| SEC Post-Liquidation | +17.20 | +5.44 | +6.44 | +4.22 | +3.28 | |
| Tax Cost Ratio | +1.09 | +1.00 | +0.93 | +0.78 | +0.73 | |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Foreign Large Blend NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +22.44
- 3 Year
- +2.85
- 5 Year
- +6.46
- 10 Year
- +4.27
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +14.02
- 3 Year
- +2.71
- 5 Year
- +5.55
- 10 Year
- +3.82
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.03
- 3 Year
- +1.30
- 5 Year
- +1.11
- 10 Year
- +1.05
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +22.44 | +2.85 | +6.46 | +4.27 | ||
| SEC Post-Liquidation | +14.02 | +2.71 | +5.55 | +3.82 | ||
| Tax Cost Ratio | +1.03 | +1.30 | +1.11 | +1.05 | ||
Post-Liquidation
SICNX NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +27.47
- 3 Year
- +6.44
- 5 Year
- +7.61
- 10 Year
- +4.78
- Inception
- +3.63
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +17.20
- 3 Year
- +5.44
- 5 Year
- +6.44
- 10 Year
- +4.22
- Inception
- +3.28
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.09
- 3 Year
- +1.00
- 5 Year
- +0.93
- 10 Year
- +0.78
- Inception
- +0.73
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +27.47 | +6.44 | +7.61 | +4.78 | +3.63 | |
| SEC Post-Liquidation | +17.20 | +5.44 | +6.44 | +4.22 | +3.28 | |
| Tax Cost Ratio | +1.09 | +1.00 | +0.93 | +0.78 | +0.73 | |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Foreign Large Blend NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +22.44
- 3 Year
- +2.85
- 5 Year
- +6.46
- 10 Year
- +4.27
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +14.02
- 3 Year
- +2.71
- 5 Year
- +5.55
- 10 Year
- +3.82
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.03
- 3 Year
- +1.30
- 5 Year
- +1.11
- 10 Year
- +1.05
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +22.44 | +2.85 | +6.46 | +4.27 | ||
| SEC Post-Liquidation | +14.02 | +2.71 | +5.55 | +3.82 | ||
| Tax Cost Ratio | +1.03 | +1.30 | +1.11 | +1.05 | ||
Cumulative Growth of a $10,000 Investment
| SICNX (Fund) | $17,012 | |
|---|---|---|
| Foreign Large Blend (Morningstar Category) | $16,232 | |
| MSCI EAFE® Index (Net) (Index) | $16,985 | |
| MSCI EAFE Fair Value Index (Net) (Index) | $17,152 | |
| Worst Three Months Return (12/31/2019 - 3/31/2020) | -24.88 | |
| Best Three Months Return (10/31/2022 - 1/31/2023) | +19.11 |
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends and capital gains, and does not reflect sales loads, redemption fees, if applicable, or the effects of taxes on any capital gains and/or distributions. If the inception date of the Index is less than the time period shown above, the Since Inception period is shown. Best and Worst Return cover the timeframe of the chart.
Price Performance
Portfolio
Top Holdings
-
NOVO B
- Name
- NOVO NORDISK CLASS B
- Percent of Assets (%)
- 3.48%
- Market Value
- $22.2M
-
ASML
- Name
- ASML HOLDING NV
- Percent of Assets (%)
- 2.42%
- Market Value
- $15.4M
-
NOVN
- Name
- NOVARTIS AG
- Percent of Assets (%)
- 2.39%
- Market Value
- $15.2M
-
ROG
- Name
- ROCHE HOLDING PAR AG
- Percent of Assets (%)
- 2.00%
- Market Value
- $12.8M
-
SAP
- Name
- SAP
- Percent of Assets (%)
- 1.99%
- Market Value
- $12.7M
-
DTE
- Name
- DEUTSCHE TELEKOM N AG
- Percent of Assets (%)
- 1.84%
- Market Value
- $11.7M
-
HOLN
- Name
- HOLCIM LTD AG
- Percent of Assets (%)
- 1.75%
- Market Value
- $11.2M
-
SHEL
- Name
- SHELL PLC
- Percent of Assets (%)
- 1.73%
- Market Value
- $11.0M
-
8316
- Name
- SUMITOMO MITSUI FINANCIAL GROUP IN
- Percent of Assets (%)
- 1.57%
- Market Value
- $10.0M
-
ITX
- Name
- INDUSTRIA DE DISENO TEXTIL INDITEX
- Percent of Assets (%)
- 1.49%
- Market Value
- $9.5M
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| NOVO B | NOVO NORDISK CLASS B | 3.48%
|
$22.2M | ||
| ASML | ASML HOLDING NV | 2.42%
|
$15.4M | ||
| NOVN | NOVARTIS AG | 2.39%
|
$15.2M | ||
| ROG | ROCHE HOLDING PAR AG | 2.00%
|
$12.8M | ||
| SAP | SAP | 1.99%
|
$12.7M | ||
| DTE | DEUTSCHE TELEKOM N AG | 1.84%
|
$11.7M | ||
| HOLN | HOLCIM LTD AG | 1.75%
|
$11.2M | ||
| SHEL | SHELL PLC | 1.73%
|
$11.0M | ||
| 8316 | SUMITOMO MITSUI FINANCIAL GROUP IN | 1.57%
|
$10.0M | ||
| ITX | INDUSTRIA DE DISENO TEXTIL INDITEX | 1.49%
|
$9.5M |
Sectors
| Sector | Percent of Portfolio (%) | |
|---|---|---|
| Financials | 18.31%
|
|
| Industrials | 16.10%
|
|
| Health Care | 13.79%
|
|
| Consumer Discretionary | 12.84%
|
|
| Information Technology | 9.91%
|
|
| Consumer Staples | 9.63%
|
|
| Materials | 5.91%
|
|
| Utilities | 4.71%
|
|
| Communication Services | 4.44%
|
|
| Energy | 3.29%
|
Allocations are subject to change.
Country
| Country | Percent of Portfolio (%) | |
|---|---|---|
| Japan | 19.46%
|
|
| United Kingdom | 15.89%
|
|
| France | 9.94%
|
|
| Germany | 9.80%
|
|
| Switzerland | 9.04%
|
|
| Australia | 6.75%
|
|
| Netherlands | 5.48%
|
|
| Denmark | 5.08%
|
|
| Spain | 3.76%
|
|
| Italy | 2.89%
|
Country Breakdown is calculated only by country of domicile.
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Stocks | 99.41%
|
|
| Cash Investments | 0.59%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Market Cap
| Market Cap | Percent of Portfolio (%) | |
|---|---|---|
| > $70,000 M | 47.40%
|
|
| $15,000-$70,000 M | 34.14%
|
|
| $3,000-$15,000 M | 18.46%
|
Distributions
Distributions
-
Ex-Date: 12/13/2023
- Record Date
- 12/12/2023
- Payable Date
- 12/13/2023
- Income
- 0.2901
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.290100000
-
Ex-Date: 12/14/2022
- Record Date
- 12/13/2022
- Payable Date
- 12/14/2022
- Income
- 0.3180
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.318000000
-
Ex-Date: 12/16/2021
- Record Date
- 12/15/2021
- Payable Date
- 12/16/2021
- Income
- 0.3249
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.324900000
-
Ex-Date: 12/16/2020
- Record Date
- 12/15/2020
- Payable Date
- 12/16/2020
- Income
- 0.1089
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.108900000
-
Ex-Date: 12/18/2019
- Record Date
- 12/17/2019
- Payable Date
- 12/18/2019
- Income
- 0.3617
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.361700000
-
Ex-Date: 12/14/2018
- Record Date
- 12/13/2018
- Payable Date
- 12/14/2018
- Income
- 0.2525
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.252500000
-
Ex-Date: 12/08/2017
- Record Date
- 12/07/2017
- Payable Date
- 12/08/2017
- Income
- 0.2587
- Short Term Capital Gain
- --
- Long Term Capital Gain
- 0.0318
- Return of Capital
- --
- Total Distribution
- 0.290500000
-
Ex-Date: 12/12/2016
- Record Date
- 12/09/2016
- Payable Date
- 12/12/2016
- Income
- 0.2272
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.227200000
-
Ex-Date: 12/10/2015
- Record Date
- 12/09/2015
- Payable Date
- 12/10/2015
- Income
- 0.1867
- Short Term Capital Gain
- --
- Long Term Capital Gain
- --
- Return of Capital
- --
- Total Distribution
- 0.186700000
| Ex-Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total Distribution | ||
|---|---|---|---|---|---|---|---|---|---|
| 12/13/2023 | 12/12/2023 | 12/13/2023 | 0.2901 | 0.0000 | 0.0000 | -- | 0.290100000 | ||
| 12/14/2022 | 12/13/2022 | 12/14/2022 | 0.3180 | 0.0000 | 0.0000 | -- | 0.318000000 | ||
| 12/16/2021 | 12/15/2021 | 12/16/2021 | 0.3249 | 0.0000 | 0.0000 | -- | 0.324900000 | ||
| 12/16/2020 | 12/15/2020 | 12/16/2020 | 0.1089 | 0.0000 | 0.0000 | -- | 0.108900000 | ||
| 12/18/2019 | 12/17/2019 | 12/18/2019 | 0.3617 | -- | -- | -- | 0.361700000 | ||
| 12/14/2018 | 12/13/2018 | 12/14/2018 | 0.2525 | -- | -- | -- | 0.252500000 | ||
| 12/08/2017 | 12/07/2017 | 12/08/2017 | 0.2587 | -- | 0.0318 | -- | 0.290500000 | ||
| 12/12/2016 | 12/09/2016 | 12/12/2016 | 0.2272 | -- | -- | -- | 0.227200000 | ||
| 12/10/2015 | 12/09/2015 | 12/10/2015 | 0.1867 | -- | -- | -- | 0.186700000 |
Documents
SICNX Prospectus and Other Regulatory Documents
Schwab International Core Equity Fund
Investment professionals
