DIVI vs VIGI

DIVIAFranklin International Core Dividend Tilt Index ETF

VIGIAVanguard International Dividend Appreciation 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.

VIGI Vanguard's dividend-growth playbook, taken overseas: roughly 400 non-US companies chosen for a record of raising payouts rather than for fat current yields, wrapped in a seven-basis-point fee.

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.

VIGI The fund passively tracks an index of non-U.S. companies with a history of increasing dividends, using the S&P Global Ex-U.S. Dividend Growers Index as its target 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.

• VIGI At 0.07% a year, it sits at the cheapest fee level in its peer group (matched only by sibling VYMI) and well under funds like IGRO at 0.15%.
• The screen asks for a history of increasing dividends, not the biggest payout, which tilts the basket toward companies with durable cash flow.
• Plain index plumbing: roughly 400 stocks across developed and emerging markets outside the US, and it stays close to its S&P target index.
• Running since 2016, now a multi-billion-dollar fund that trades steadily and pays 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

• VIGI Growth of the dividend, not the size of it. Income here runs lighter than yield-first peers such as VYMI or SCHY.
• Holdings are priced in foreign currencies, so dollar moves push returns around in both directions on top of the stocks themselves.
• Emerging markets ride along with developed ones here, a wider net than international dividend funds that stop at developed markets.

Full DIVI profile⁠

Full VIGI profile⁠