DIVI vs FIDI: Grades, Fees and Holdings Compared

Franklin International Core Dividend Tilt Index ETF

DIVIANYSE Arca

Fidelity International High Dividend ETF

FIDIANYSE Arca

Overlap

28.1%by weight

Expense ratio

DIVI −0.09pt a year

DIVI0.09%FIDI0.18%

Avg volume · 30D

DIVI 3.0×the volume

DIVI192KFIDI64K

5Y return · a year

DIVI +1.3pt

DIVI+13.2%FIDI+11.9%

DIVI vs FIDI Performance

Nov 2, 2021 – Nov 2, 2026

+86.2%DIVI+75.5%FIDI

Expense ratio: DIVI 0.09%, better; FIDI 0.18%
Fund size: DIVI $2.64B; FIDI $386M
1Y total return: DIVI +16.7%; FIDI +23.4%, better
Yield (12M): DIVI 3.71%; FIDI 4.25%, better
Holdings: DIVI 418; FIDI 118
Avg volume (30D): DIVI 192K sh, better; FIDI 64K sh
NAV per share: DIVI $42.45; FIDI $28.96
52W range

ETF.net Grade

Pillar letters and Scores for DIVI, FIDI, with each pillar’s weight
Pillar	DIVI	FIDI
Cost30% weight	A90Higher	A82
Mission25% weight	A100Higher	A96
Risk15% weight	D38	A74Higher
Tradability15% weight	B66Higher	B55
Holdings10% weight	A80Higher	C45
Durability5% weight	B64Higher	C49

Rank among International Dividend Index funds

How we build Categories ›

Same Category. DIVI and FIDI are both graded against the same 34 International Dividend Index funds, so their Grades compare head to head.

International Dividend Index⁠

Category · 34 funds

See all 34 ›

DIVI ranks 2nd and FIDI 6th of 34 funds in the International Dividend Index Category.

Rank 1AVYMIVanguard International High Dividend Yield ETFScore 84
Rank 2ADIVIFranklin International Core Dividend Tilt Index ETFScore 78
Rank 3AIGROiShares International Dividend Growth ETFScore 77
Rank 5AHDEFXtrackers MSCI EAFE High Dividend Yield Equity ETFScore 76
Rank 6AFIDIFidelity International High Dividend ETFScore 74
Rank 6ALVHIFranklin International Low Volatility High Dividend Index ETFScore 74

Our read on each fund

ETF.net Research

DIVIAFranklin International Core Dividend Tilt Index ETF

FIDIAFidelity International High Dividend 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.

FIDI A rules-based hunt for dividend payers outside the US: roughly 120 developed-market names, quarterly cash, and a 0.18% fee that undercuts most of the international-dividend shelf.

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.

FIDI The fund seeks investment returns that generally track, before fees and expenses, the Fidelity International High Dividend Index. It normally invests at least 80% of assets in index securities or related depositary receipts.

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.

FIDI Costs 0.18% a year against a 0.50% median for international dividend screens, so more of the income stays in the account.
Built to shadow the Fidelity International High Dividend Index, with at least 80% of assets in index names or their depositary receipts. Tracking has been close.fidelity.com
Pays quarterly from about 120 developed-market payers: a screened shortlist, not a sweep of every stock that happens to yield.
Running since 2018 and one of the stronger implementations in its international-dividend peer group.

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

FIDI Cheap, not cheapest. VYMI (0.07%) and SCHY (0.08%) charge less for their own take on overseas dividends.
Moderately traded rather than a household-name giant, so spreads and limit orders deserve attention at the desk.
Developed markets only. Emerging-market dividend payers sit outside the mandate, and the payout arrives in foreign currencies before conversion.fidelity.com

Full DIVI profile⁠

Full FIDI profile⁠

DIVI vs FIDI Holdings

How DIVI and FIDI differ

Overlap by weight

28.1%

Shared holdings make up 74.1% of FIDI and 39.0% of DIVI.

Level by level

Holdings75 in both28.1%
Countryby domicile72.0%
Asset classEquity100%

Sector

No Sector split for FIDI.

Country, concentration and asset class

Country by domicile

Country weights in DIVI and FIDI, widest gap first
Country	More in DIVIMore in FIDI	DIVI	FIDI
Canada	FIDI +14.7 points	0.0%	14.7%
France	FIDI +7.2 points	8.6%	15.8%
Netherlands	DIVI +4.6 points	5.9%	1.3%
United Kingdom	DIVI +4.2 points	13.9%	9.7%
Norway	FIDI +3.8 points	1.1%	4.9%
Germany	DIVI +3.3 points	8.0%	4.7%
Switzerland	DIVI +3.3 points	8.5%	5.2%
Japan	DIVI +3.1 points	23.0%	19.9%
Other countries (16)	DIVI +7.0 points	30.8%	23.8%

Outside the US: DIVI 98% developed, 2% emerging. FIDI 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

DIVI14.2%
FIDI28.5%

Securities held

DIVI416
FIDI106

Asset class

DIVI: Equity
FIDI: Equity

Holdings

Only in DIVI341
In both75
Only in FIDI31

Only in DIVI

341 securities, 61.0% of DIVI by weight

Siemens Ag-Reg1.15%
Intesa Sanpaolo0.92%
Recruit Holdings Co Ltd0.83%
Commonwealth Bank of Aust0.79%
Unilever PLC0.78%
Advantest Corp0.78%
Nordea Bank Abp0.72%
Eni Spa0.68%
Banco Bilbao Vizcaya Arge0.67%
Bp PLC0.67%
Unicredit Spa0.67%
Hitachi Ltd0.66%
Sumitomo Mitsui Financial0.63%
Schneider Electric SE0.61%
Rolls-Royce Holdings PLC0.55%
Airbus SE0.55%
Sony Group Corp0.53%
Lvmh Moet Hennessy Louis0.53%
Softbank Corp0.53%
Abb Ltd-Reg0.51%
Westpac Banking Corp0.50%
Natwest Group PLC0.49%
Shell PLC0.48%
National Australia Bank L0.48%
Diageo PLC0.48%
Orange0.48%
Siemens Energy AG0.47%
Mizuho Financial Group In0.45%
Transurban Group0.45%
Deutsche Telekom Ag-Reg0.45%
Swiss Re AG0.44%
Reckitt Benckiser Group0.44%
Hong Kong Exchanges & Cle0.43%
Net Current Assets0.43%
National Grid PLC0.42%
Softbank Group Corp0.41%
Aia Group Ltd0.41%
Basf SE0.40%
Rio Tinto Ltd0.39%
Iberdrola SA0.39%
Fast Retailing Co Ltd0.39%
Cie Financiere Richemo-A0.38%
Keyence Corp0.38%
Shin-Etsu Chemical Co Ltd0.36%
Ubs Group Ag-Reg0.35%
Astellas Pharma Inc0.35%
Pko Bank Polski SA0.35%
L'oreal0.34%
Safran SA0.34%
Murata Manufacturing Co L0.34%

Only in FIDI

31 securities, 26.0% of FIDI by weight

Canadian Natl Resources Ltd3.35%
Klepierre SA2.47%
Enbridge Inc2.37%
Capital Power Corp1.87%
Firstservice Corp1.59%
Renault SA Ord1.46%
Carrefour SA (Supermarche)1.35%
Royal Bank of Canada1.20%
Toronto-Dominion Bank1.04%
Taylor Wimpey PLC1.02%
Canadian Natl Railway Co0.95%
Suncorp Group Ltd0.86%
Nippon Yusen Kabushiki Kaisha0.76%
Bank of Montreal0.76%
Bank of Nova Scotia0.75%
A P Moller - Maersk A/S B0.73%
Securities Lending Cf0.73%
Dcc Energy PLC0.66%
Banco De Sabadell SA0.50%
Eiffage SA (Form Fougerolle)0.38%
Nutrien Ltd0.22%
Open Text Corporation0.21%
Trend Micro Inc0.19%
Lundin Gold Inc0.16%
Holcim Ltd0.16%
Canon Inc0.16%
Sonova Hldg AG0.10%
Ust Bills 0% 11/12/260.02%
Lunr Royalties Corp<0.01%
European Monetary Unit (Euro)<0.01%
Danish Kronen<0.01%

Weight gaps

All 75 Holdings in both funds, largest gap first.

Holding weights in DIVI and FIDI, widest gap first
Holding	More in DIVIMore in FIDI	DIVI	FIDI
Equinor Asa	FIDI +4.30 points	0.12%	4.42%
Totalenergies SE	FIDI +2.91 points	0.77%	3.68%
Asml Holding NV	DIVI +2.32 points	2.82%	0.50%
Daito Trust Construct Co	FIDI +2.31 points	0.08%	2.39%
Link Reit	FIDI +2.25 points	0.19%	2.44%
Naturgy Energy Group SA	FIDI +2.18 points	0.07%	2.25%
Woodside Energy Group Ltd	FIDI +1.93 points	0.51%	2.44%
Origin Energy Ltd	FIDI +1.91 points	0.22%	2.13%
Japan Tobacco Inc	FIDI +1.91 points	0.48%	2.39%
Coles Group Ltd	FIDI +1.52 points	0.13%	1.65%
Engie	FIDI +1.43 points	0.54%	1.97%
Enel Spa	FIDI +1.40 points	0.85%	2.25%
Honda Motor Co Ltd	FIDI +1.25 points	0.37%	1.62%
Nestle Sa-Reg	FIDI +1.20 points	1.41%	2.61%
Roche Holding AG	DIVI +1.17 points	1.62%	0.45%
Denso Corp	FIDI +1.16 points	0.11%	1.27%
Sekisui House Ltd	FIDI +1.14 points	0.21%	1.35%
Imperial Brands PLCIMB.L	FIDI +1.12 points	0.45%	1.57%
Wesfarmers Ltd	FIDI +1.12 points	0.37%	1.49%
Pernod Ricard SA	FIDI +1.11 points	0.22%	1.33%
Toyota Motor Corp	FIDI +1.08 points	0.85%	1.93%
British American TobaccoBATS.L	FIDI +1.01 points	1.09%	2.10%
Novartis Ag-Reg	DIVI +0.89 points	1.29%	0.40%
Bhp Group Ltd	DIVI +0.88 points	1.10%	0.22%
Sap SE	DIVI +0.87 points	1.11%	0.24%
Astrazeneca PLCAZN.L	DIVI +0.87 points	1.29%	0.42%
Sanofi	DIVI +0.81 points	1.01%	0.20%
Mercedes-Benz Group AG	FIDI +0.79 points	0.45%	1.24%
Mitsui Osk Lines Ltd	FIDI +0.74 points	0.04%	0.78%
Volvo Ab-B Shs	FIDI +0.69 points	0.04%	0.73%
Kawasaki Kisen Kaisha Ltd	FIDI +0.66 points	0.11%	0.77%
Kuehne & Nagel Intl Ag-Re	FIDI +0.59 points	0.18%	0.77%
Tokio Marine Holdings Inc	FIDI +0.56 points	0.39%	0.95%
Rio Tinto PLCRIO.L	DIVI +0.56 points	0.75%	0.19%
Anz Group Holdings Ltd	FIDI +0.54 points	0.47%	1.01%
Relx PLCREL.L	FIDI +0.51 points	0.35%	0.86%
Novo Nordisk A/S-B	DIVI +0.50 points	0.72%	0.22%
Itochu Corp	FIDI +0.46 points	0.35%	0.81%
Gsk PLCGSK.L	DIVI +0.45 points	0.65%	0.20%
Mitsubishi Corp	FIDI +0.43 points	0.41%	0.84%
Tokyo Electron Ltd	DIVI +0.40 points	0.67%	0.27%
Nomura Holdings Inc	FIDI +0.36 points	0.20%	0.56%
Dhl AG	FIDI +0.36 points	0.49%	0.85%
Aena Sme SA	FIDI +0.33 points	0.19%	0.52%
Daiwa Securities Group In	FIDI +0.33 points	0.20%	0.53%
Banca Monte Dei Paschi Si	FIDI +0.32 points	0.33%	0.65%
Daimler Truck Holding AG	FIDI +0.30 points	0.29%	0.59%
Banco Bpm Spa	FIDI +0.30 points	0.26%	0.56%
Ing Groep NV	FIDI +0.31 points	0.42%	0.73%
Bouygues SA	FIDI +0.29 points	0.13%	0.42%
Legal & General Group PLCLGEN.L	FIDI +0.29 points	0.32%	0.61%
Takeda Pharmaceutical Co	DIVI +0.28 points	0.70%	0.42%
Dnb Bank Asa	FIDI +0.28 points	0.34%	0.62%
Swedbank Ab - A Shares	FIDI +0.25 points	0.51%	0.76%
United Overseas Bank Ltd	FIDI +0.25 points	0.31%	0.56%
Muenchener Rueckver Ag-Re	FIDI +0.24 points	0.46%	0.70%
Komatsu Ltd	FIDI +0.22 points	0.28%	0.50%
Mitsubishi Ufj Financial	FIDI +0.22 points	1.03%	1.25%
Vinci SA	FIDI +0.22 points	0.33%	0.55%
Aviva PLCAV.L	FIDI +0.20 points	0.43%	0.63%
Csl Ltd	DIVI +0.20 points	0.34%	0.14%
Zurich Insurance Group AG	DIVI +0.20 points	0.99%	0.79%
Allianz Se-Reg	FIDI +0.19 points	0.83%	1.02%
Jardine Matheson HoldingsJAR.L	FIDI +0.19 points	0.14%	0.33%
Fortescue Ltd	DIVI +0.17 points	0.23%	0.06%
Credit Agricole SA	FIDI +0.15 points	0.26%	0.41%
Nippon Steel Corp	DIVI +0.12 points	0.29%	0.17%
Capgemini SE	DIVI +0.08 points	0.15%	0.07%
Ericsson Lm-B Shs	DIVI +0.07 points	0.15%	0.08%
Smith & Nephew PLCSN.L	FIDI +0.07 points	0.03%	0.10%
Axa SA	FIDI +0.07 points	0.62%	0.69%
Dbs Group Holdings Ltd	FIDI +0.04 points	0.77%	0.81%
Hsbc Holdings PLCHSBA.L	DIVI +0.01 points	1.31%	1.30%
Fresnillo PLCFRES.L	FIDI +0.01 points	0.08%	0.09%
Bnp Paribas	Same weight	0.68%	0.68%

All DIVI holdings⁠All 118 FIDI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DIVI vs FIDI Cost

Overpaying FIDI vs DIVI

$1,851

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DIVI 0.09%
$1,898
FIDI 0.18%
$3,749

Amount$10,000

Years30 years

Cost over time

DIVI 0.09%
FIDI 0.18%
Overpaying

Year by year

Year	DIVI	FIDI	Overpaying
10	$165	$328	$163
20	$646	$1,281	$635
30	$1,898	$3,749	$1,851

Expense ratio

0.09%DIVI, cheaper
0.18%FIDI

DIVI0.09%FIDI0.18%

0.07%0.60%

Middle half of International Dividend Index funds
Median 0.49%

DIVI 4th cheapest of 34 funds

FIDI 7th cheapest of 34 funds

DIVI vs FIDI Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DIVI 3.71%; FIDI 4.25%, better
Payout (12M): DIVI $1.57; FIDI $1.23
Last payment: DIVI $0.21; FIDI $0.29
Ex-dividend: DIVI Sep 18, 2026; FIDI Sep 18, 2026
Paid on: DIVI Sep 25, 2026; FIDI Sep 22, 2026
Frequency: DIVI Quarterly; FIDI Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DIVIQuarterly · 28 paymentsAll DIVI payments⁠

FIDIQuarterly · 35 paymentsAll FIDI payments⁠

DIVI vs FIDI Risk

Fall from peak · 5 years

DIVI
FIDI

Risk facts

VolatilityStd dev, 3 years: DIVI 11.6%, betterFIDI 11.7%
Return per unit of riskSharpe ratio, 3 years: DIVI 1.30FIDI 1.46, better
Worst fallMax drawdown, 5 years: DIVI −18.5%, betterFIDI −26.0%
Market sensitivityBeta, 5 years: DIVI 0.93FIDI 0.73; Market = 1

DIVI and FIDI in the news

All news⁠

ETF Filings
Franklin Templeton files two enhanced ETFs to absorb its international core funds
Sep 18, 2026DIVI

Popular comparisons

DIVIAvsVYMIA
Franklin International Core Dividend Tilt Index ETF · Vanguard International High Dividend Yield ETF
Expense ratio
0.09% · 0.07%
Category
FIDIAvsVYMIA
Fidelity International High Dividend ETF · Vanguard International High Dividend Yield ETF
Expense ratio
0.18% · 0.07%
Category
DIVIAvsIGROA
Franklin International Core Dividend Tilt Index ETF · iShares International Dividend Growth ETF
Expense ratio
0.09% · 0.15%
Category
FIDIAvsIGROA
Fidelity International High Dividend ETF · iShares International Dividend Growth ETF
Expense ratio
0.18% · 0.15%
Category
DIVIAvsSCHYA
Franklin International Core Dividend Tilt Index ETF · Schwab International Dividend Equity ETF
Expense ratio
0.09% · 0.08%
Category
FIDIAvsSCHYA
Fidelity International High Dividend ETF · Schwab International Dividend Equity ETF
Expense ratio
0.18% · 0.08%
Category

DIVI vs FIDI

In short

Stated mandate

Why people hold it

Worth knowing

How DIVI and FIDI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVI

Only in FIDI

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Franklin Templeton files two enhanced ETFs to absorb its international core funds

How DIVI and FIDI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVI

Only in FIDI

Weight gaps