DIVI vs EUDG

DIVIAFranklin International Core Dividend Tilt Index ETF

EUDGDWisdomTree Europe Quality Dividend Growth Fund

In short

DIVI A tilt, not a screen: DIVI optimizes a broad developed-markets ex-North America index toward higher yield while limiting drift from that parent. Core international shape, income lean, 0.09% a year.

EUDG Europe only, screened for dividend payers that also look like growers, then weighted by the cash dividends they actually pay rather than by market value. A single-continent bet in a cohort stuffed with broad developed-market factor funds.

Stated mandate

DIVI The Fund seeks to track, before fees and expenses, the Morningstar Developed Markets ex-North America Dividend Enhanced Select Index. Its index methodology seeks higher dividend yield than the parent index while maintaining core exposure to developed markets outside North America.

EUDG EUDG seeks to follow dividend-paying companies with growth characteristics across the European equity market. Its underlying index selects constituents using combined growth and quality factors and weights them by annual cash dividends.

Why people hold it

• DIVI Costs 0.09% a year, while the median fund in its international-dividend cohort charges closer to 0.50%.
• The index takes a broad developed ex-North America benchmark and optimizes it for higher yield while limiting expected tracking error to that parent. Income lean, core shape.sec.gov
• Tracks its index closely, among the strongest implementations in its peer group.
• A multi-billion-dollar fund holding about 80 developed-market names, paying distributions quarterly.

• EUDG The label is the product: European dividend payers screened on growth and quality, then weighted by the cash dividends they pay instead of by market value.wisdomtree.com
• What it holds matches what it advertises about as closely as this cohort gets, with no side bets hiding under the name.
• Roughly 220 stocks and a quarterly distribution, so the dividend theme shows up in the cash flow, not just the ticker name.
• Live since 2014, so there is a decade-plus of real trading history to inspect rather than a backtest.

Worth knowing

• DIVI The tilt is mild by design: the index caps how far it can drift from its parent, so it reaches for less yield than funds built on hard high-yield screens.sec.gov
• Cheaper options sit in the same cohort (VYMI at 0.07%, SCHY at 0.08%), so the fee edge is over the category median, not over the largest index shops.
• Today's strategy dates to 2022, when the fund was renamed from Franklin LibertyQ International Equity Hedged ETF, so its 2016-onward record covers a different mandate.sec.gov

• EUDG At 0.58% a year it sits above the typical expense ratio in its factor group, and broader alternatives like QLVD (0.15%) and EFAV (0.20%) charge less.
• Thinly traded and modest in size, so bid-ask spreads can add cost beyond the headline fee, especially on larger or fast orders.
• Europe and nothing else: no Japan, no US, no emerging markets, and results ride euro, pound and franc moves against the dollar.wisdomtree.com

Full DIVI profile⁠

Full EUDG profile⁠