DIVI vs EUDV

DIVIAFranklin International Core Dividend Tilt Index ETF

EUDVCProShares MSCI Europe Dividend Growers ETF

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.

EUDV Most international dividend funds spray across the globe. EUDV stays in Europe and buys only companies that have raised their dividend ten years running, about 50 names in all.

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.

EUDV EUDV invests in quality European companies with at least 10 consecutive years of dividend growth.

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.

• EUDV Strict entry rule: the MSCI Europe Dividend Masters Index takes European companies with at least 10 straight years of dividend growth, so the screen rewards a payout track record over a fat headline yield.proshares.com
• Pure Europe, no Japan or Canada padding. It applies the familiar dividend-growth discipline to one continent instead of blending it into a global average.proshares.com
• Trading since 2015, and it sticks to the job description: a concentrated basket of roughly 50 stocks that tracks its stated European dividend-growth index closely.
• Distributions land quarterly, in line with how most European companies pace their payouts.

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

• EUDV 0.55% a year sits above the typical international dividend fund. Broad rivals like VYMI (0.07%) and SCHY (0.08%) cast a wider net for a fraction of that.
• A small, thinly traded fund. Spreads can widen, so limit orders and trading while European markets are open matter more here than with the giants.
• One continent, roughly 50 stocks, no US exposure, and returns come in euros, pounds and francs before they reach your dollar account.

Full DIVI profile⁠

Full EUDV profile⁠