DIEM vs DVYE

DIEMBFranklin Emerging Market Core Dividend Tilt Index ETF

DVYEAiShares Emerging Markets Dividend ETF

In short

DIEM Most emerging-market dividend funds hunt the fattest yields. DIEM starts from a broad EM benchmark and leans toward payers instead, keeping the market's shape intact, for a fraction of what its dividend-focused rivals charge.

DVYE Running since 2012, it ranks emerging-market stocks by indicated dividend yield and holds the top 100. That yield-first screen pulls the portfolio toward the value corners of EM rather than the mega-cap tech names, at 0.49% a year.

Stated mandate

DIEM The Fund seeks to track, before fees and expenses, the Morningstar Emerging Markets Dividend Enhanced Select Index.

DVYE The Fund seeks to track an index of relatively high dividend-paying equities in emerging markets, providing exposure to dividend-focused emerging-market stocks.

Why people hold it

• DIEM At 0.19% a year it's the cheapest fund in its emerging-market dividend cohort, roughly a third of the group's median fee.
• Tilt, not lurch: the index takes a broad emerging-market parent benchmark and optimizes for higher dividend yield while limiting expected tracking error back to it.yahoo.comfranklintempleton.com
• Roughly 200 holdings spread across emerging markets, with income paid quarterly.

• DVYE The index ranks EM stocks by indicated annual dividend yield and takes the top 100, with buffer rules that hold existing names in place instead of churning the roster each rebalance.ishares.comspglobal.com
• 0.49% with no waiver propping up the number, below the median fee in its category. Same sticker as EDIV at 0.49%.
• Listed since 2012 and now a billion-dollar-plus fund that tracks its index closely, one of the stronger implementations among EM dividend ETFs.
• Holds the stocks directly rather than using swaps, and sends income out to shareholders quarterly.ishares.com

Worth knowing

• DIEM Thinly traded next to the category's household names, so spreads can run wider and larger orders need more care.
• It launched in 2016 under a different name and mandate; the dividend-tilt index arrived in 2022, so the earliest track record reflects a different strategy.cbonds.com
• The income lean is bounded by design. Staying close to the parent index means less yield punch than funds that screen only for the highest payers.yahoo.com

• DVYE Sorting by yield steers the book toward payers like financials and energy. Screening, buffering and weighting constraints trim the extremes, they do not erase the tilt.ishares.comspglobal.com
• About 100 stocks means one country or sector can move results more than in a broad cap-weighted EM fund, and payouts move with what those companies declare.
• Cheaper shelf-mates exist: DIEM charges 0.19% for a core dividend-tilt build, a gentler screen than the yield-ranked approach here.

Full DIEM profile⁠

Full DVYE profile⁠