DNL vs IGRO

DNLCWisdomTree Global ex-U.S. Quality Growth Fund

IGROAiShares International Dividend Growth ETF

In short

DNL A 2006-vintage WisdomTree original that cut its dividend cord: since October 2025 the index ranks developed and emerging companies outside the U.S. on growth and quality, with no payout required to make the cut.

IGRO Dividend growth, not dividend yield, taken overseas. IGRO tracks a Morningstar index of non-US companies with a habit of raising their payouts, spread across roughly 500 names, for a fee that undercuts most of the international dividend shelf.

Stated mandate

DNL The Fund seeks to track the investment results of companies with quality and growth characteristics in developed and emerging equity markets outside the United States.

IGRO The fund seeks to track an index of international stocks with a history of growing dividends, providing dividend-focused international equity exposure for income and long-term growth.

Why people hold it

• DNL The 2025 rebuild dropped the dividend requirement and switched to market-cap weighting, so the screen is now growth and quality on their own terms rather than payout-driven.wisdomtree.com
• 0.42% a year, below the 0.50% median for screened international funds in its peer group.
• Developed and emerging markets ride in one ticker, so there is no separate EM sleeve to bolt on.wisdomtree.com
• Trading since 2006, one of WisdomTree's first-wave funds, so the operating history is long even though the index playbook is new.

• IGRO Costs 0.15% a year, well under the typical fee for an international dividend screen.
• Does what the label says: it follows the Morningstar Global ex-US Dividend Growth Index closely, one of the tightest index-to-portfolio matches in its peer group.
• Roughly 500 non-US payers, so no single dividend carries the fund. Cash goes out quarterly.

Worth knowing

• DNL Cohort leaders like VYMI and SCHY charge single-digit basis points; this screen costs several times that.
• Thinly traded next to the giants of international equity, so spreads can run wider than headline cost suggests.
• Income is a byproduct now, not the mission: distributions still land quarterly, but nothing in the methodology requires a dividend.wisdomtree.com

• IGRO It trades thin next to heavyweights like VYMI, so limit orders and calmer mid-session trading matter more here.
• The screen targets payout growth, not the fattest yields, so income tends to run lighter than yield-first international funds.
• Cheaper neighbors exist: VIGI at 0.07% and SCHY at 0.08%, though each tracks a different index with a different holdings list.

Full DNL profile⁠

Full IGRO profile⁠