IGRO vs IHDG: Grades, Fees and Holdings Compared

iShares International Dividend Growth ETF

IGROACboe

WisdomTree International Hedged Quality Dividend Growth Fund

IHDGDNYSE Arca

Overlap

24.0%by weight

Expense ratio

IGRO −0.43pt a year

IGRO0.15%IHDG0.58%

Avg volume · 30D

IHDG 2.6×the volume

IGRO42.1KIHDG108K

10Y return · a year

IHDG +1.0pt

IGRO+9.4%IHDG+10.4%

IGRO vs IHDG Performance

Oct 29, 2021 – Oct 30, 2026

+56.2%IGRO+42.5%IHDG

Expense ratio: IGRO 0.15%, better; IHDG 0.58%
Fund size: IGRO $1.31B; IHDG $2.07B
1Y total return: IGRO +19.2%, better; IHDG +12.0%
Yield (12M): IGRO 2.62%, better; IHDG 1.79%
Holdings: IGRO 576; IHDG 293
Avg volume (30D): IGRO 42.1K sh; IHDG 108K sh, better
NAV per share: IGRO $92.04; IHDG $51.85
52W range

ETF.net Grade

Pillar letters and Scores for IGRO, IHDG, with each pillar’s weight
Pillar	IGRO	IHDG
Cost30% weight	A85Higher	F16
Mission25% weight	A100	Not scored
Risk15% weight	B56Higher	D26
Tradability15% weight	B63	A73Higher
Holdings10% weight	C54Higher	C46
Durability5% weight	B69Higher	B68

Rank among International Dividend Index funds

How we build Categories ›

Same Category. IGRO 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 ›

IGRO ranks 3rd 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 3ASCHYSchwab International Dividend Equity 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

IGROAiShares International Dividend Growth ETF

IHDGDWisdomTree International Hedged Quality Dividend Growth Fund

In short

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.

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

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.

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

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.

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

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.

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 IGRO profile⁠

Full IHDG profile⁠

IGRO vs IHDG Holdings

How IGRO and IHDG differ

Overlap by weight

24.0%

Shared holdings make up 35.4% of IHDG and 24.0% of IGRO.

Level by level

Holdings77 in both24.0%
Countryby domicile66.0%
Sector11 Sectors72.3%
Asset classEquity100%

Sector

Sector weights in IGRO and IHDG, widest gap first
Sector	More in IGROMore in IHDG	IGRO	IHDG
Financials	IGRO +15.6 points	30.8%	15.2%
Consumer Discretionary	IHDG +9.8 points	6.2%	16.0%
Industrials	IHDG +8.1 points	13.9%	22.0%
Utilities	IGRO +7.1 points	8.1%	1.0%
Technology	IHDG +5.0 points	7.9%	12.9%
Consumer Staples	IGRO +3.6 points	11.3%	7.7%
Health Care	IHDG +2.6 points	13.2%	15.8%
Energy	IGRO +1.5 points	2.4%	0.9%
Communication	IHDG +1.3 points	1.8%	3.1%
Materials	IHDG +0.9 points	3.9%	4.8%
Real Estate	Same weight	0.6%	0.6%

Country, concentration and asset class

Country by domicile

Country weights in IGRO and IHDG, widest gap first
Country	More in IGROMore in IHDG	IGRO	IHDG
Canada	IGRO +14.3 points	14.3%	0.0%
Spain	IHDG +4.7 points	2.5%	7.2%
Germany	IHDG +4.7 points	3.0%	7.7%
Netherlands	IHDG +4.5 points	1.8%	6.3%
Singapore	IHDG +4.2 points	0.0%	4.2%
United Kingdom	IHDG +4.1 points	8.3%	12.4%
Australia	IGRO +3.9 points	5.8%	1.9%
Taiwan	IGRO +3.6 points	3.6%	0.0%
Other countries (18)	IGRO +0.5 points	60.8%	60.3%

Outside the US: IGRO 90% developed, 10% emerging. IHDG 98% developed, 2% emerging.

Concentration

Weight in the 10 largest Holdings

IGRO27.4%
IHDG28.0%

Securities held

IGRO546
IHDG277

Asset class

IGRO: Equity
IHDG: Equity

Holdings

Only in IGRO469
In both77
Only in IHDG200

Only in IGRO

469 securities, 75.2% of IGRO by weight

British American Tobacco3.30%
Nestle SA3.16%
Taiwan Semiconductor Manufacturing2.80%
Royal Bank of Canada2.77%
Sanofi SA2.35%
Toronto Dominion2.29%
Iberdrola2.26%
Mitsubishi Ufj Financial Group1.94%
Enel1.88%
Axa SA1.77%
Westpac Banking Corporation1.68%
National Australia Bank1.67%
Ubs Group AG1.20%
Sumitomo Mitsui Financial Group1.19%
Canadian Imperial Bank of Commerce1.18%
Vinci SA1.14%
Aia Group1.08%
Eni1.07%
Manulife Financial0.99%
Tokio Marine Holdings0.97%
Infosys0.96%
Mitsubishi0.83%
Compagnie Financiere Richemont SA0.76%
Csl0.73%
Aviva PLC0.71%
Firstrand Ltd0.69%
Mizuho Financial Group0.67%
Sun Life Financial Inc0.66%
E.on N0.66%
Itochu0.65%
Canadian National Railway0.63%
Mitsui0.62%
Swiss Life Holding AG0.55%
Nn Group0.51%
Veolia Environ. SA0.47%
London Stock Exchange Group PLC0.44%
Netease0.44%
Fortis0.43%
Power Corporation of Canada0.43%
Deutsche Boerse AG0.42%
Publicis Groupe0.41%
Michelin0.41%
Bank Central Asia0.38%
Marubeni0.37%
China Merchants Bank H0.35%
Astellas Pharma0.34%
Kweichow Moutai A0.34%
Snam0.33%
Sony Group0.33%
Ntt0.32%

Only in IHDG

200 securities, 63.8% of IHDG by weight

Astrazeneca PLC2.88%
ASML Holding NV2.79%
Industria de Diseno Textil2.47%
Banco Bilbao Vizcaya Argentaria SA2.39%
LVMH Moet Hennessy Louis Vuitton SE2.38%
DBS Group Holdings Ltd2.36%
Unilever Plc2.35%
Siemens Ag-Reg2.20%
Banco Santander Sa1.66%
Tokyo Electron Ltd1.44%
Airbus SE1.44%
Singapore Telecommunications1.12%
Hermes International1.11%
Volvo AB1.08%
CIE Financiere Richemont0.98%
ABB Ltd-Reg0.96%
Reckitt Benckiser Group Plc0.95%
Daimler Truck Holding Ag0.80%
Chugai Pharmaceutical Co Ltd0.77%
Bank Leumi Le-Israel BM0.75%
Advantest Corp0.75%
Universal Music Group NV0.65%
Shin-Etsu Chemical Co Ltd0.64%
Safran SA0.63%
Compass Group Plc0.63%
Sse PLC0.61%
Fast Retailing Co Ltd0.60%
Bank Hapoalim BM0.59%
3i Group PLC0.57%
Sampo Oyj-A Shs0.56%
Rolls-Royce Holdings PLC0.55%
Kone Oyj0.49%
Ericsson Lm-B Shs0.48%
Mizrahi Tefahot Bank Ltd0.43%
Ferrari NV0.41%
SGS SA-Reg0.41%
Keyence Corp0.39%
Amadeus IT Group SA0.38%
Techtronic Industries Co0.37%
Experian PLC0.37%
Siemens Energy Ag0.37%
Resona Holdings Inc0.35%
Resonac Holdings Corp0.34%
Adidas AG0.33%
Panasonic Holdings Corp0.33%
Singapore Airlines Ltd0.32%
Rheinmetall AG0.32%
Admiral Group PLC0.32%
Hoya Corp0.31%
Bawag Group Ag0.31%

Weight gaps

All 77 Holdings in both funds, largest gap first.

Holding weights in IGRO and IHDG, widest gap first
Holding	More in IGROMore in IHDG	IGRO	IHDG
Loreal SA	IHDG +1.52 points	0.96%	2.48%
Toyota Motor	IHDG +0.84 points	2.06%	2.90%
Murata Manufacturing	IHDG +0.84 points	0.21%	1.05%
Hitachi	IHDG +0.81 points	0.46%	1.27%
Novo Nordisk Class B	IHDG +0.61 points	2.14%	2.75%
Roche Holding AG	IHDG +0.56 points	0.13%	0.69%
Sap	IHDG +0.53 points	1.35%	1.88%
MS&AD Insurance Group Holdings	IHDG +0.37 points	0.34%	0.71%
Atlas Copco Class A	IHDG +0.35 points	0.30%	0.65%
Daiwa House Industry	IHDG +0.34 points	0.22%	0.56%
Schneider Electric	IHDG +0.32 points	0.89%	1.21%
Sompo Holdings	IHDG +0.30 points	0.30%	0.60%
Novartis AG	IHDG +0.30 points	3.13%	3.43%
Thales SA	IHDG +0.29 points	0.19%	0.48%
Roche Ps Par AG	IHDG +0.28 points	3.21%	3.49%
Eqt	IHDG +0.18 points	0.14%	0.32%
Lair Liquide Societe Anonyme Pour	IHDG +0.17 points	1.10%	1.27%
Zozo Inc	IHDG +0.13 points	0.04%	0.17%
Coca Cola Hbc AGCCH.L	IHDG +0.13 points	0.13%	0.26%
Bae Systems PLCBA.L	IHDG +0.14 points	0.66%	0.80%
Gunma Bank	IHDG +0.11 points	0.05%	0.16%
Fujitsu	IHDG +0.11 points	0.18%	0.29%
Ucb SA	IHDG +0.12 points	0.11%	0.23%
Obic Ltd	IHDG +0.10 points	0.07%	0.17%
Relx PLCREL.L	IHDG +0.10 points	0.82%	0.92%
Givaudan SA	IHDG +0.09 points	0.38%	0.47%
Oracle Japan Corp	IHDG +0.09 points	0.01%	0.10%
Koninklijke Vopak	IHDG +0.09 points	0.05%	0.14%
Koninklijke Kpn NV	IHDG +0.08 points	0.37%	0.45%
Wolters Kluwer	IHDG +0.07 points	0.36%	0.43%
Tokyo Seimitsu Ltd	IHDG +0.07 points	0.02%	0.09%
Andritz AG	IHDG +0.07 points	0.08%	0.15%
Axfood	IHDG +0.07 points	0.05%	0.12%
Ajinomoto	IHDG +0.05 points	0.10%	0.15%
Capcom Ltd	IHDG +0.05 points	0.03%	0.08%
Persol Holdings Ltd	IHDG +0.06 points	0.04%	0.10%
Internet Initiative Japan Inc	IHDG +0.05 points	0.01%	0.06%
Nemetschek	IHDG +0.05 points	0.02%	0.07%
Pan Pacific International Holdings	IHDG +0.05 points	0.05%	0.10%
Softcat PLCSCT.L	IHDG +0.04 points	0.02%	0.06%
Baycurrent Inc	IHDG +0.04 points	0.06%	0.10%
Logitech International	IHDG +0.04 points	0.08%	0.12%
Organo Corp	IHDG +0.04 points	0.01%	0.05%
Shimano Inc	IHDG +0.04 points	0.06%	0.10%
Metso Corporation	IHDG +0.04 points	0.12%	0.16%
Sysmex	IHDG +0.04 points	0.04%	0.08%
Niterra	IHDG +0.04 points	0.07%	0.11%
Lagercrantz Group Class B	IHDG +0.03 points	0.02%	0.05%
Pro Medicus	IHDG +0.04 points	0.01%	0.05%
Monotaro Ltd	IHDG +0.04 points	0.02%	0.06%
Brambles	IHDG +0.04 points	0.29%	0.33%
Sika AG	IHDG +0.04 points	0.29%	0.33%
Aak	IHDG +0.03 points	0.04%	0.07%
Zensho Holdings	IHDG +0.03 points	0.02%	0.05%
Lasertec	IHDG +0.03 points	0.06%	0.09%
Temenos AG	IHDG +0.03 points	0.04%	0.07%
Olympus	IHDG +0.03 points	0.06%	0.09%
Prysmian	IHDG +0.03 points	0.11%	0.14%
Glanbia PLC	IHDG +0.02 points	0.04%	0.06%
The Sage GroupSGE.L	IHDG +0.02 points	0.14%	0.16%
Bachem Holding AG	IHDG +0.02 points	0.02%	0.04%
Ebara	IHDG +0.02 points	0.05%	0.07%
Geberit AG	IHDG +0.02 points	0.23%	0.25%
Northern Star Resources Ltd	IHDG +0.02 points	0.25%	0.27%
Daifuku	IHDG +0.02 points	0.06%	0.08%
Legrand SA	IHDG +0.02 points	0.27%	0.29%
Spirax Group PLCSPX.L	IGRO +0.02 points	0.08%	0.06%
Asahi Intecc	IHDG +0.01 points	0.02%	0.03%
Autotrader Group PLCAUTO.L	IHDG +0.01 points	0.06%	0.07%
Valeo	IHDG +0.02 points	0.03%	0.05%
Nhk Spring	IHDG +0.01 points	0.02%	0.03%
Assa Abloy B	IHDG +0.01 points	0.33%	0.34%
Smiths Group PLCSMIN.L	IGRO +0.02 points	0.09%	0.07%
Technology One	IHDG +0.01 points	0.03%	0.04%
Dexerials Corp	IHDG +0.01 points	0.02%	0.03%
Nichirei	Same weight	0.03%	0.03%
Halma PLCHLMA.L	Same weight	0.05%	0.05%

All 547 IGRO 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.

IGRO vs IHDG Cost

Overpaying IHDG vs IGRO

$8,316

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

IGRO 0.15%
$3,137
IHDG 0.58%
$11,453

Amount$10,000

Years30 years

Cost over time

IGRO 0.15%
IHDG 0.58%
Overpaying

Year by year

Year	IGRO	IHDG	Overpaying
10	$274	$1,041	$767
20	$1,071	$3,986	$2,915
30	$3,137	$11,453	$8,316

Expense ratio

0.15%IGRO, cheaper
0.58%IHDG

IGRO0.15%IHDG0.58%

0.07%0.60%

Middle half of International Dividend Index funds
Median 0.49%

IGRO 6th cheapest of 34 funds

IHDG 26th cheapest of 34 funds

IGRO vs IHDG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IGRO 2.62%, better; IHDG 1.79%
Payout (12M): IGRO $2.41; IHDG $0.93
Last payment: IGRO $0.43; IHDG $0.13
Ex-dividend: IGRO Sep 15, 2026; IHDG Sep 25, 2026
Paid on: IGRO Sep 18, 2026; IHDG Sep 29, 2026
Frequency: IGRO Quarterly; IHDG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IGROQuarterly · 40 paymentsAll IGRO payments⁠

IHDGQuarterly · 35 paymentsAll IHDG payments⁠

IGRO vs IHDG Risk

Fall from peak · 5 years

IGRO
IHDG

Risk facts

VolatilityStd dev, 3 years: IGRO 11.1%IHDG 10.4%, better
Return per unit of riskSharpe ratio, 3 years: IGRO 1.32, betterIHDG 0.81
Worst fallMax drawdown, 5 years: IGRO −26.0%IHDG −19.6%, better
Market sensitivityBeta, 5 years: IGRO 0.74IHDG 0.65; Market = 1

Popular comparisons

IGROAvsVYMIA
iShares International Dividend Growth ETF · Vanguard International High Dividend Yield ETF
Expense ratio
0.15% · 0.07%
Category
IHDGDvsVYMIA
WisdomTree International Hedged Quality Dividend Growth Fund · Vanguard International High Dividend Yield ETF
Expense ratio
0.58% · 0.07%
Category
IGROAvsDIVIA
iShares International Dividend Growth ETF · Franklin International Core Dividend Tilt Index ETF
Expense ratio
0.15% · 0.09%
Category
IHDGDvsDIVIA
WisdomTree International Hedged Quality Dividend Growth Fund · Franklin International Core Dividend Tilt Index ETF
Expense ratio
0.58% · 0.09%
Category
IGROAvsSCHYA
iShares International Dividend Growth ETF · Schwab International Dividend Equity ETF
Expense ratio
0.15% · 0.08%
Category
IHDGDvsSCHYA
WisdomTree International Hedged Quality Dividend Growth Fund · Schwab International Dividend Equity ETF
Expense ratio
0.58% · 0.08%
Category