DIVI vs IDV

DIVIAFranklin International Core Dividend Tilt Index ETF

IDVBiShares International Select 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.

IDV One of the original international dividend ETFs (2007). IDV runs a tight list, roughly 100 higher-yielding companies across developed markets outside the US, and sticks closely to the index it tracks.

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.

IDV The Fund seeks to track an index of relatively high-dividend-paying equities in non-U.S. developed markets, providing exposure to dividend-focused international companies.

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.

• IDV A 2007 launch makes it one of the longest-running funds in the international dividend aisle, and it has grown into a multi-billion-dollar fund that trades actively.
• Follows the Dow Jones EPAC Select Dividend Index closely, one of the tighter index implementations among its dividend-screen peers.
• Pays quarterly and draws its income from developed markets outside the US, a different dividend pool than an S&P 500 income fund.

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

• IDV The 0.50% expense ratio sits at the category median but far above cheap index rivals such as VYMI (0.07%) and SCHY (0.08%).
• About 100 names is a narrow slice of the developed world, so individual countries, sectors and companies swing results more than in a broad international index.
• Holdings are priced in foreign currencies, so exchange-rate moves feed into returns alongside the dividends themselves.ishares.com

Full DIVI profile⁠

Full IDV profile⁠