DIVI vs IHDG: Grades, Fees and Holdings Compared

Franklin International Core Dividend Tilt Index ETF

DIVIANYSE Arca

WisdomTree International Hedged Quality Dividend Growth Fund

IHDGDNYSE Arca

Overlap

28.7%by weight

Expense ratio

DIVI −0.49pt a year

DIVI0.09%IHDG0.58%

Avg volume · 30D

DIVI 1.8×the volume

DIVI192KIHDG108K

10Y return · a year

DIVI +0.5pt

DIVI+10.9%IHDG+10.4%

DIVI vs IHDG Performance

Oct 29, 2021 – Oct 30, 2026

+86.6%DIVI+42.5%IHDG

Expense ratio: DIVI 0.09%, better; IHDG 0.58%
Fund size: DIVI $2.64B; IHDG $2.07B
1Y total return: DIVI +16.4%, better; IHDG +12.0%
Yield (12M): DIVI 3.72%, better; IHDG 1.79%
Holdings: DIVI 418; IHDG 293
Avg volume (30D): DIVI 192K sh, better; IHDG 108K sh
NAV per share: DIVI $42.45; IHDG $51.85
52W range

ETF.net Grade

Pillar letters and Scores for DIVI, IHDG, with each pillar’s weight
Pillar	DIVI	IHDG
Cost30% weight	A90Higher	F16
Mission25% weight	A100	Not scored
Risk15% weight	D38Higher	D26
Tradability15% weight	B64	A73Higher
Holdings10% weight	A80Higher	C46
Durability5% weight	B64	B68Higher

Rank among International Dividend Index funds

How we build Categories ›

Same Category. DIVI and IHDG 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 IHDG 33rd 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 32DEUDGWisdomTree Europe Quality Dividend Growth FundScore 39
Rank 33DIHDGWisdomTree International Hedged Quality Dividend Growth FundScore 36
Rank 34DIDVYFirst Trust International Rising Dividend Achievers ETFScore 32

Our read on each fund

ETF.net Research

DIVIAFranklin International Core Dividend Tilt Index ETF

IHDGDWisdomTree International Hedged 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.

IHDG International dividend funds are usually two bets: foreign stocks and foreign currencies. IHDG keeps the stocks and hedges the currency, tracking a WisdomTree index of developed-market dividend payers screened for profitability and growth.

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.

IHDG The fund seeks to track the pre-fee and pre-expense price and yield performance of the WisdomTree International Hedged Quality Dividend Growth Index.

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.

IHDG Forward contracts strip out yen, euro and pound swings, so results track what the stocks do at home rather than what the dollar does.wisdomtree.com
Rules-based selection: developed-market dividend payers ranked on earnings growth expectations plus three-year ROE and ROA, then weighted by the dividends they pay.wisdomtree.com
Running since 2014, a multi-billion-dollar fund holding roughly 300 names outside the US and Canada, paying quarterly.

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

IHDG At 0.58% a year it runs above its peer-group median and well above unhedged rivals like VIGI (0.07%) and IGRO (0.15%). The hedge and the screen are what you pay for.
Hedging cuts both ways: a falling dollar no longer flatters returns, and the hedge's cost tracks the gap between US and foreign short-term rates.wisdomtree.com
WisdomTree flags that the strategy may make higher capital gain distributions than other ETFs, worth knowing in a taxable account.wisdomtree.com

Full DIVI profile⁠

Full IHDG profile⁠

DIVI vs IHDG Holdings

How DIVI and IHDG differ

Overlap by weight

28.7%

Shared holdings make up 69.6% of IHDG and 29.5% of DIVI.

Level by level

Holdings108 in both28.7%
Sector11 Sectors75.8%
Countryby domicile80.7%
Asset classEquity100%

Sector

Sector weights in DIVI and IHDG, widest gap first
Sector	More in DIVIMore in IHDG	DIVI	IHDG
Financials	DIVI +14.1 points	29.3%	15.2%
Consumer Discretionary	IHDG +9.8 points	6.2%	16.0%
Health Care	IHDG +6.7 points	9.1%	15.8%
Industrials	IHDG +4.5 points	17.5%	22.0%
Utilities	DIVI +3.1 points	4.1%	1.0%
Energy	DIVI +2.7 points	3.6%	0.9%
Communication	DIVI +2.1 points	5.2%	3.1%
Consumer Staples	IHDG +1.6 points	6.1%	7.7%
Technology	IHDG +1.5 points	11.4%	12.9%
Real Estate	DIVI +1.4 points	2.0%	0.6%
Materials	DIVI +0.8 points	5.6%	4.8%

Country, concentration and asset class

Country by domicile

Country weights in DIVI and IHDG, widest gap first
Country	More in DIVIMore in IHDG	DIVI	IHDG
Australia	DIVI +6.6 points	8.5%	1.9%
Spain	IHDG +4.5 points	2.7%	7.2%
Switzerland	IHDG +3.9 points	8.5%	12.4%
Italy	DIVI +3.5 points	5.2%	1.7%
Japan	DIVI +3.4 points	23.0%	19.6%
Hong Kong	DIVI +2.1 points	2.5%	0.4%
Denmark	IHDG +2.1 points	1.2%	3.3%
Singapore	IHDG +2.0 points	2.2%	4.2%
Other countries (16)	IHDG +3.2 points	46.1%	49.3%

Outside the US: DIVI 98% developed, 2% emerging. IHDG 98% developed, 2% emerging.

Concentration

Weight in the 10 largest Holdings

DIVI14.2%
IHDG28.0%

Securities held

DIVI416
IHDG277

Asset class

DIVI: Equity
IHDG: Equity

Holdings

Only in DIVI308
In both108
Only in IHDG169

Only in DIVI

308 securities, 70.5% of DIVI by weight

Nestle Sa-Reg1.41%
Hsbc Holdings PLC1.31%
Astrazeneca PLC1.29%
Bhp Group Ltd1.10%
British American Tobacco1.09%
Mitsubishi Ufj Financial1.03%
Sanofi1.01%
Zurich Insurance Group AG0.99%
Intesa Sanpaolo0.92%
Enel Spa0.85%
Recruit Holdings Co Ltd0.83%
Allianz Se-Reg0.83%
Commonwealth Bank of Aust0.79%
Unilever PLC0.78%
Totalenergies SE0.77%
Rio Tinto PLC0.75%
Nordea Bank Abp0.72%
Takeda Pharmaceutical Co0.70%
Bnp Paribas0.68%
Eni Spa0.68%
Bp PLC0.67%
Unicredit Spa0.67%
Gsk PLC0.65%
Sumitomo Mitsui Financial0.63%
Axa SA0.62%
Engie0.54%
Sony Group Corp0.53%
Softbank Corp0.53%
Swedbank Ab - A Shares0.51%
Woodside Energy Group Ltd0.51%
Westpac Banking Corp0.50%
Dhl AG0.49%
Natwest Group PLC0.49%
Shell PLC0.48%
National Australia Bank L0.48%
Japan Tobacco Inc0.48%
Diageo PLC0.48%
Orange0.48%
Anz Group Holdings Ltd0.47%
Muenchener Rueckver Ag-Re0.46%
Mercedes-Benz Group AG0.45%
Mizuho Financial Group In0.45%
Transurban Group0.45%
Deutsche Telekom Ag-Reg0.45%
Imperial Brands PLC0.45%
Swiss Re AG0.44%
Reckitt Benckiser Group0.44%
Hong Kong Exchanges & Cle0.43%
Aviva PLC0.43%
Net Current Assets0.43%

Only in IHDG

169 securities, 29.6% of IHDG by weight

Astrazeneca PLC2.88%
Unilever Plc2.35%
Air Liquide SA1.27%
Volvo AB1.08%
CIE Financiere Richemont0.98%
Reckitt Benckiser Group Plc0.95%
MS&AD Insurance Group Holdings Inc0.71%
Sompo Holdings Inc0.60%
Sampo Oyj-A Shs0.56%
Daiwa House Industry Co Ltd0.56%
Ericsson Lm-B Shs0.48%
Ferrari NV0.41%
Amadeus IT Group SA0.38%
Resona Holdings Inc0.35%
Assa Abloy AB0.34%
Adidas AG0.33%
Banco Comercial Portugues SA0.31%
Kongsberg Gruppen Asa0.30%
Traton SE0.27%
Yangzijiang Shipbuilding Holdi0.27%
Coca-Cola HBC AG0.26%
Prada S.P.A.0.26%
Geberit AG0.25%
Jeronimo Martins SGPS SA0.24%
Mowi ASA0.24%
Novozymes A/S0.23%
Next PLC0.23%
Dassault Aviation Sa0.23%
Aristocrat Leisure Ltd0.22%
Volvo AB0.22%
British Airways PLC0.22%
Food & Life Companies Ltd0.21%
Kyoto Financial Group Inc0.21%
Sonova Holding AG0.21%
Singapore Exchange Ltd0.19%
Saipem Spa0.19%
Knorr-Bremse AG0.18%
Endeavour Mining Plc0.18%
Gaztransport Et Technigaz SA0.18%
Centrica PLC0.18%
Zozo Inc0.17%
Ryanair Holdings Plc0.17%
Accor SA0.17%
Verbund - Oesterreichische Ele0.17%
InterContinental Hotels Group0.17%
Epiroc Ab-A0.17%
Nissan Chemical Corp0.17%
Sigma Pharmaceuticals Ltd0.17%
Gunma Bank Ltd/The0.16%
Euronav NV0.15%

Weight gaps

The 100 widest of 108 Holdings in both funds.

Holding weights in DIVI and IHDG, widest gap first
Holding	More in DIVIMore in IHDG	DIVI	IHDG
Industria De Diseno Texti	IHDG +2.35 points	0.12%	2.47%
Novartis Ag-Reg	IHDG +2.14 points	1.29%	3.43%
L'oreal	IHDG +2.14 points	0.34%	2.48%
Toyota Motor Corp	IHDG +2.05 points	0.85%	2.90%
Novo Nordisk A/S-B	IHDG +2.03 points	0.72%	2.75%
Roche Holding AG	IHDG +1.87 points	1.62%	3.49%
Lvmh Moet Hennessy Louis	IHDG +1.85 points	0.53%	2.38%
Banco Bilbao Vizcaya Arge	IHDG +1.72 points	0.67%	2.39%
Dbs Group Holdings Ltd	IHDG +1.59 points	0.77%	2.36%
Banco Santander SA	IHDG +1.40 points	0.26%	1.66%
Singapore Telecommunicati	IHDG +1.10 points	0.02%	1.12%
Siemens Ag-Reg	IHDG +1.05 points	1.15%	2.20%
Hermes International	IHDG +1.04 points	0.07%	1.11%
Airbus SE	IHDG +0.89 points	0.55%	1.44%
Tokyo Electron Ltd	IHDG +0.77 points	0.67%	1.44%
Sap SE	IHDG +0.77 points	1.11%	1.88%
Murata Manufacturing Co L	IHDG +0.71 points	0.34%	1.05%
Chugai Pharmaceutical Co	IHDG +0.62 points	0.15%	0.77%
Roche Holding Ag-Br	IHDG +0.62 points	0.07%	0.69%
Hitachi Ltd	IHDG +0.61 points	0.66%	1.27%
Schneider Electric SE	IHDG +0.60 points	0.61%	1.21%
Atlas Copco Ab-A Shs	IHDG +0.59 points	0.06%	0.65%
Sse PLCSSE.L	IHDG +0.57 points	0.04%	0.61%
Relx PLCREL.L	IHDG +0.57 points	0.35%	0.92%
Compass Group PLCCPG.L	IHDG +0.55 points	0.08%	0.63%
Daimler Truck Holding AG	IHDG +0.51 points	0.29%	0.80%
Bae Systems PLCBA.L	IHDG +0.48 points	0.32%	0.80%
Abb Ltd-Reg	IHDG +0.45 points	0.51%	0.96%
Universal Music Group NV	IHDG +0.45 points	0.20%	0.65%
Thales SA	IHDG +0.44 points	0.04%	0.48%
Bank Leumi Le-Israel	IHDG +0.43 points	0.32%	0.75%
Givaudan-Reg	IHDG +0.39 points	0.08%	0.47%
3I Group PLCIII.L	IHDG +0.38 points	0.19%	0.57%
Mizrahi Tefahot Bank Ltd	IHDG +0.29 points	0.14%	0.43%
Safran SA	IHDG +0.29 points	0.34%	0.63%
Kone Oyj-B	IHDG +0.29 points	0.20%	0.49%
Shin-Etsu Chemical Co Ltd	IHDG +0.28 points	0.36%	0.64%
Resonac Holdings Corp	IHDG +0.28 points	0.06%	0.34%
Brambles Ltd	IHDG +0.28 points	0.05%	0.33%
Hochtief AG	IHDG +0.27 points	0.03%	0.30%
Bank Hapoalim Bm	IHDG +0.26 points	0.33%	0.59%
Sika Ag-Reg	IHDG +0.26 points	0.07%	0.33%
Techtronic Industries Co	IHDG +0.24 points	0.13%	0.37%
Singapore Airlines Ltd	IHDG +0.21 points	0.11%	0.32%
Fast Retailing Co Ltd	IHDG +0.21 points	0.39%	0.60%
Experian PLCEXPN.L	IHDG +0.21 points	0.16%	0.37%
Koninklijke Kpn NV	IHDG +0.19 points	0.26%	0.45%
Legrand SA	IHDG +0.18 points	0.11%	0.29%
Fujitsu Limited	IHDG +0.18 points	0.11%	0.29%
Sandvik Ab	IHDG +0.16 points	0.09%	0.25%
Kesko Oyj-B Shs	IHDG +0.16 points	0.06%	0.22%
Wolters Kluwer	IHDG +0.14 points	0.29%	0.43%
Admiral Group PLCADM.L	IHDG +0.15 points	0.17%	0.32%
Evolution Mining Ltd	IHDG +0.15 points	0.12%	0.27%
Northern Star Resources L	IHDG +0.14 points	0.13%	0.27%
Hoya Corp	IHDG +0.14 points	0.17%	0.31%
Qantas Airways Ltd	IHDG +0.13 points	0.07%	0.20%
Boliden Ab	IHDG +0.13 points	0.02%	0.15%
Ucb SA	IHDG +0.13 points	0.10%	0.23%
Isuzu Motors Ltd	IHDG +0.13 points	0.09%	0.22%
Bawag Group AG	IHDG +0.13 points	0.18%	0.31%
Eqt Ab	IHDG +0.12 points	0.20%	0.32%
Moncler Spa	IHDG +0.11 points	0.11%	0.22%
Asm International NV	DIVI +0.10 points	0.21%	0.11%
Siemens Energy AG	DIVI +0.10 points	0.47%	0.37%
Panasonic Holdings Corp	IHDG +0.11 points	0.22%	0.33%
Sgs Sa-Reg	IHDG +0.10 points	0.31%	0.41%
Konami Group Corp	IHDG +0.09 points	0.03%	0.12%
Finecobank Spa	IHDG +0.09 points	0.14%	0.23%
Sage Group Plc/TheSGE.L	IHDG +0.09 points	0.07%	0.16%
Obic Co Ltd	IHDG +0.08 points	0.09%	0.17%
Asics Corp	IHDG +0.07 points	0.02%	0.09%
Oracle Corp Japan	IHDG +0.08 points	0.02%	0.10%
Fujikura Ltd	DIVI +0.07 points	0.24%	0.17%
Japan Airlines Co Ltd	IHDG +0.07 points	0.05%	0.12%
Lasertec Corp	DIVI +0.07 points	0.16%	0.09%
Andritz AG	IHDG +0.07 points	0.08%	0.15%
Mitsubishi Heavy Industri	DIVI +0.07 points	0.31%	0.24%
Rea Group Ltd	IHDG +0.06 points	0.07%	0.13%
Ajinomoto Co Inc	IHDG +0.06 points	0.09%	0.15%
Ibiden Co Ltd	DIVI +0.06 points	0.16%	0.10%
Hitachi Construction Mach	IHDG +0.05 points	0.05%	0.10%
Wartsila Oyj Abp	IHDG +0.06 points	0.08%	0.14%
Sumitomo Electric Industr	IHDG +0.05 points	0.24%	0.29%
Vestas Wind Systems A/S	IHDG +0.04 points	0.04%	0.08%
Spirax Group PLCSPX.L	DIVI +0.05 points	0.11%	0.06%
Infineon Technologies AG	DIVI +0.04 points	0.28%	0.24%
Screen Holdings Co Ltd	DIVI +0.04 points	0.12%	0.08%
Asml Holding NV	DIVI +0.03 points	2.82%	2.79%
Disco Corp	DIVI +0.04 points	0.19%	0.15%
Furukawa Electric Co Ltd	DIVI +0.03 points	0.07%	0.04%
Rheinmetall AG	IHDG +0.04 points	0.28%	0.32%
Orion Oyj-Class B	IHDG +0.04 points	0.10%	0.14%
Daifuku Co Ltd	DIVI +0.03 points	0.11%	0.08%
Weir PLCWEIR.L	IHDG +0.03 points	0.03%	0.06%
Advantest Corp	DIVI +0.03 points	0.78%	0.75%
Yokogawa Electric Corp	IHDG +0.02 points	0.05%	0.07%
Prysmian Spa	IHDG +0.02 points	0.12%	0.14%
Yaskawa Electric Corp	DIVI +0.02 points	0.06%	0.04%
Keyence Corp	IHDG +0.01 points	0.38%	0.39%

All DIVI holdings⁠All 292 IHDG 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 IHDG Cost

Overpaying IHDG vs DIVI

$9,555

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

DIVI 0.09%
$1,898
IHDG 0.58%
$11,453

Amount$10,000

Years30 years

Cost over time

DIVI 0.09%
IHDG 0.58%
Overpaying

Year by year

Year	DIVI	IHDG	Overpaying
10	$165	$1,041	$876
20	$646	$3,986	$3,340
30	$1,898	$11,453	$9,555

Expense ratio

0.09%DIVI, cheaper
0.58%IHDG

DIVI0.09%IHDG0.58%

0.07%0.60%

Middle half of International Dividend Index funds
Median 0.49%

DIVI 4th cheapest of 34 funds

IHDG 26th cheapest of 34 funds

DIVI vs IHDG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DIVI 3.72%, better; IHDG 1.79%
Payout (12M): DIVI $1.57; IHDG $0.93
Last payment: DIVI $0.21; IHDG $0.13
Ex-dividend: DIVI Sep 18, 2026; IHDG Sep 25, 2026
Paid on: DIVI Sep 25, 2026; IHDG Sep 29, 2026
Frequency: DIVI Quarterly; IHDG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DIVIQuarterly · 28 paymentsAll DIVI payments⁠

IHDGQuarterly · 35 paymentsAll IHDG payments⁠

DIVI vs IHDG Risk

Fall from peak · 5 years

DIVI
IHDG

Risk facts

VolatilityStd dev, 3 years: DIVI 11.6%IHDG 10.4%, better
Return per unit of riskSharpe ratio, 3 years: DIVI 1.30, betterIHDG 0.81
Worst fallMax drawdown, 5 years: DIVI −18.5%, betterIHDG −19.6%
Market sensitivityBeta, 5 years: DIVI 0.93IHDG 0.65; Market = 1

DIVI and IHDG in the news

All news⁠

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

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DIVI vs IHDG

In short

Stated mandate

Why people hold it

Worth knowing

How DIVI and IHDG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVI

Only in IHDG

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 IHDG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVI

Only in IHDG

Weight gaps