SCHE Stock Summary and Trading Ideas (Schwab Emerging Markets Equity ETF | ARCA:SCHE)

The fund offers diversified exposure to large- and mid-cap companies in over 20 emerging markets. It seeks investment results that track the performance before fees and expenses of the approximately 740-stock FTSE All Emerging Index.

Schwab Emerging Markets Equity ETF trades on the ARCA stock market under the symbol SCHE.

As of April 19, 2024, SCHE stock price declined to $24.69 with 978,570 million shares trading.

SCHE has a beta of 0.79, meaning it tends to be less sensitive to market movements. SCHE has a correlation of 0.49 to the broad based SPY ETF.

SCHE has a market cap of $8.31 billion. This is considered a Mid Cap stock.

In the last 3 years, SCHE stock traded as high as $33.62 and as low as $21.36.

SCHE stock has underperformed the market in the last year with a return of +3.6%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SCHE shares. However, SCHE has outperformed the market in the last 3 month and 2 week periods, returning +4.6% and -2.7%, while SPY returned +4.3% and -3.5%, respectively. This indicates SCHE has been having a stronger performance recently.

SCHE support price is $24.60 and resistance is $24.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SCHE stock will trade within this expected range on the day.