Schwab Dividend ETF (SCHD) trades at $33.37, about ₦44,165 per share at today’s rate of ₦1,323/$. Over the past year it has gained 24.2% in dollars, which works out to +12.6% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | -2.8% | -2.9% |
| 6 months | +8.9% | +7.2% |
| 1 year | +24.2% | +12.6% |
Naira-terms return = share-price return × USD/NGN move. When the naira weakens, dollar assets gain extra value in naira; when it strengthens, the reverse.
Yes. You can buy fractional shares of US stocks from Nigeria through SEC-registered apps like Bamboo, Trove and Risevest, starting from around $10. Read our full guide to buying US stocks from Nigeria →