IGRO vs VIGI: Grades, Fees and Holdings Compared

iShares International Dividend Growth ETF

IGROACboe

Vanguard International Dividend Appreciation ETF

VIGIANasdaq

Overlap

47.0%by weight

Expense ratio

VIGI −0.08pt a year

IGRO0.15%VIGI0.07%

Avg volume · 30D

VIGI 6.2×the volume

IGRO41.5KVIGI259K

10Y return · a year

IGRO +0.7pt

IGRO+9.6%VIGI+8.9%

IGRO vs VIGI Performance

Nov 9, 2021 – Nov 9, 2026

+57.6%IGRO+28.2%VIGI

Expense ratio: IGRO 0.15%; VIGI 0.07%, better
Fund size: IGRO $1.32B; VIGI $8.8B
1Y total return: IGRO +21.3%, better; VIGI +14.8%
Yield (12M): IGRO 2.57%, better; VIGI 2.09%
Holdings: IGRO 576; VIGI 399
Avg volume (30D): IGRO 41.5K sh; VIGI 259K sh, better
NAV per share: IGRO $91.87; VIGI $97.52
52W range

ETF.net Grade

Pillar letters and Scores for IGRO, VIGI, with each pillar’s weight
Pillar	IGRO	VIGI
Cost30% weight	A85	A97Higher
Mission25% weight	A100Higher	A94
Risk15% weight	B60Higher	D31
Tradability15% weight	B64Higher	C54
Holdings10% weight	C52Higher	C40
Durability5% weight	A70	A83Higher

Rank among International Dividend Index funds

How we build Categories ›

Same Category. IGRO and VIGI 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 4th and VIGI 8th 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 79
Rank 3ASCHYSchwab International Dividend Equity ETFScore 78
Rank 4AIGROiShares International Dividend Growth ETFScore 77
Rank 5AHDEFXtrackers MSCI EAFE High Dividend Yield Equity ETFScore 76
Rank 6ALVHIFranklin International Low Volatility High Dividend Index ETFScore 75
Rank 8AVIGIVanguard International Dividend Appreciation ETFScore 73
Rank 8AXIDVFranklin International Dividend Booster Index ETFScore 73

Our read on each fund

ETF.net Research

IGROAiShares International Dividend Growth ETF

VIGIAVanguard International Dividend Appreciation ETF

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.

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

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.

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

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.

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

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.

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 IGRO profile⁠

Full VIGI profile⁠

IGRO vs VIGI Holdings

How IGRO and VIGI differ

Overlap by weight

47.0%

Shared holdings make up 88.7% of VIGI and 47.5% of IGRO.

Level by level

Holdings213 in both47.0%
Countryby domicile71.3%
Sector11 Sectors89.0%
Asset classStocks100%

Sector

Sector weights in IGRO and VIGI, widest gap first
Sector	Gap	IGRO	VIGI
Technology	VIGI +6.7 points	7.3%	14.0%
Consumer Discretionary	IGRO +3.9 points	6.5%	2.6%
Industrials	VIGI +3.7 points	13.5%	17.2%
Utilities	IGRO +3.6 points	8.2%	4.6%
Consumer Staples	IGRO +2.6 points	11.6%	9.0%
Financials	IGRO +0.5 points	30.5%	30.0%
Communication	IGRO +0.4 points	1.9%	1.5%
Real Estate	VIGI +0.3 points	0.7%	1.0%
Materials	VIGI +0.3 points	4.0%	4.3%
Health Care	Same weight	13.5%	13.5%
Energy	Same weight	2.3%	2.3%

Country, concentration and asset class

Country by domicile

Country weights in IGRO and VIGI, widest gap first
Country	Gap	IGRO	VIGI
Japan	VIGI +12.4 points	20.3%	32.7%
Canada	VIGI +8.7 points	13.8%	22.5%
France	IGRO +7.8 points	11.0%	3.2%
Italy	IGRO +4.2 points	4.6%	0.3%
Australia	IGRO +4.1 points	5.5%	1.4%
Germany	VIGI +3.1 points	3.0%	6.1%
United Kingdom	IGRO +3.1 points	8.4%	5.3%
China	IGRO +2.9 points	3.3%	0.4%
Other countries (20)	IGRO +2.0 points	30.1%	28.1%

Outside the US: IGRO 90% developed, 10% emerging. VIGI 95% developed, 5% emerging.

Concentration

Weight in the 10 largest Holdings

IGRO27.4%
VIGI35.8%

Securities held

IGRO546
VIGI374

Asset class

IGRO: Stocks
VIGI: Stocks

Holdings

Only in IGRO333
In both213
Only in VIGI161

Only in IGRO

333 securities, 51.8% of IGRO by weight

British American Tobacco3.30%
Taiwan Semiconductor Manufacturing2.53%
Sanofi SA2.48%
Toyota Motor2.25%
Enel1.96%
Axa SA1.87%
Westpac Banking Corporation1.67%
National Australia Bank1.58%
Ubs Group AG1.22%
Vinci SA1.18%
Lair Liquide Societe Anonyme Pour1.15%
Loreal SA1.00%
Eni1.00%
Manulife Financial0.97%
Compagnie Financiere Richemont SA0.79%
Firstrand Ltd0.75%
Csl0.72%
Aviva PLC0.71%
Itochu0.63%
Mizuho Financial Group0.63%
Sun Life Financial Inc0.59%
Mitsui0.57%
Swiss Life Holding AG0.57%
Nn Group0.52%
Netease0.50%
Veolia Environ. SA0.49%
Publicis Groupe0.43%
Michelin0.43%
Power Corporation of Canada0.40%
Koninklijke Kpn NV0.38%
Marubeni0.35%
Agnico Eagle Mines0.35%
China Merchants Bank H0.35%
Snam0.34%
Cimb Group Holdings0.32%
Daiichi Sankyo Ltd0.30%
Atlas Copco Class A0.30%
Brambles0.30%
Terna Rete Elettrica Nazionale0.28%
Bridgestone0.28%
Coles Group Ltd0.28%
Komatsu0.28%
Legrand SA0.27%
United Utilities Group PLC0.27%
Essity Class B0.26%
Poste Italiane0.26%
Asr Nederland0.25%
Sumitomo Mitsui Trust Group0.24%
Heidelberg Materials AG0.23%
Omv0.23%

Only in VIGI

161 securities, 11.8% of VIGI by weight

Reliance Industries Ltd1.50%
Brookfield Corp1.39%
National Bank of Canada0.98%
MSCI EAFE Dec260.68%
Sandoz Group AG0.66%
Nutrien Ltd0.60%
Chugai Pharmaceutical Co Ltd0.45%
Restaurant Brands International Inc0.44%
Hexagon AB0.37%
America Movil SAB de CV0.34%
Usd/Jpy Fwd 202612160.30%
Kerry Group PLC0.27%
Fisher & Paykel Healthcare Corp Ltd0.27%
Usd/Chf Fwd 202612160.24%
Gulf Development Pcl-Foreign0.23%
Washington H Soul Pattinson & Co Ltd0.21%
CCL Industries Inc0.16%
PSP Swiss Property AG0.14%
MEIJI Holdings Co Ltd0.12%
LIG Defense&Aerospace Co Ltd0.12%
Tokyo Ohka Kogyo Co Ltd0.12%
SLBBH11420.11%
Sony Financial Group Inc0.10%
Hikari Tsushin Inc0.10%
Sofina SA0.08%
Empire Co Ltd0.08%
Financiere de Tubize SA0.07%
Hyakugo Bank Ltd/The0.07%
Atco Ltd/Canada0.07%
Sundaram Finance Ltd0.06%
Lion Corp0.05%
Tokyo Century Corp0.05%
Maruwa Co Ltd/Aichi0.05%
KEI Industries Ltd0.05%
Grupo De Inv Suramericana-Pf0.05%
Kobe Bussan Co Ltd0.05%
SWCC Corp0.05%
Usd/Cad Fwd 202612160.05%
VZ Holding AG0.04%
GMO Payment Gateway Inc0.04%
Badger Infrastructure Solutions Ltd0.04%
Zenkoku Hosho Co Ltd0.03%
Sonae SGPS SA0.03%
Usd/Jpy Fwd 202610020.03%
Nojima Corp0.03%
Mizuho Leasing Co Ltd0.02%
Jamieson Wellness Inc0.02%
Usd/Cad Fwd 202610010.02%
Kato Sangyo Co Ltd0.02%
Savaria Corp0.02%

Weight gaps

The 100 widest of 213 Holdings in both funds.

Holding weights in IGRO and VIGI, widest gap first
Holding	Gap	IGRO	VIGI
Mitsubishi Ufj Financial Group	VIGI +3.11 points	1.82%	4.93%
Sap	VIGI +2.45 points	1.35%	3.80%
Hitachi	VIGI +2.39 points	0.41%	2.80%
Schneider Electric	VIGI +2.32 points	0.86%	3.18%
Sony Group	VIGI +2.18 points	0.35%	2.53%
Sumitomo Mitsui Financial Group	VIGI +1.90 points	1.11%	3.01%
Royal Bank of Canada	VIGI +1.83 points	2.76%	4.59%
Murata Manufacturing	VIGI +1.46 points	0.16%	1.62%
Toronto Dominion	VIGI +1.18 points	2.27%	3.45%
Mitsubishi	VIGI +1.13 points	0.87%	2.00%
Tokio Marine Holdings	VIGI +0.80 points	0.96%	1.76%
Bae Systems PLCBA.L	VIGI +0.80 points	0.59%	1.39%
Franco Nevada	VIGI +0.69 points	0.13%	0.82%
Deutsche Boerse AG	VIGI +0.65 points	0.43%	1.08%
Nec	VIGI +0.63 points	0.10%	0.73%
Fujitsu	VIGI +0.62 points	0.16%	0.78%
Canadian Imperial Bank of Commerce	VIGI +0.61 points	1.18%	1.79%
Aia Group	VIGI +0.57 points	1.14%	1.71%
Dollarama	VIGI +0.57 points	0.05%	0.62%
Tdk	VIGI +0.56 points	0.10%	0.66%
Canadian National Railway	VIGI +0.53 points	0.64%	1.17%
Alimentation Couche Tard Inc	VIGI +0.52 points	0.20%	0.72%
Waste Connections	VIGI +0.51 points	0.18%	0.69%
MS&AD Insurance Group Holdings	VIGI +0.42 points	0.32%	0.74%
London Stock Exchange Group PLCLSEG.L	VIGI +0.39 points	0.44%	0.83%
Ucb SA	VIGI +0.38 points	0.12%	0.50%
Sompo Holdings	VIGI +0.36 points	0.29%	0.65%
Lasertec	VIGI +0.33 points	0.05%	0.38%
Sika AG	VIGI +0.33 points	0.30%	0.63%
Infosys	IGRO +0.32 points	0.97%	0.65%
Loblaw Companies Ltd	VIGI +0.31 points	0.11%	0.42%
Assa Abloy B	VIGI +0.30 points	0.33%	0.63%
Ntt	VIGI +0.29 points	0.29%	0.58%
Fujifilm Holdings	VIGI +0.29 points	0.18%	0.47%
Sun Pharmaceutical Industries	VIGI +0.29 points	0.08%	0.37%
Terumo	VIGI +0.28 points	0.10%	0.38%
Halma PLCHLMA.L	VIGI +0.26 points	0.05%	0.31%
Sumitomo Realty & Development	VIGI +0.25 points	0.09%	0.34%
Roche Ps Par AG	VIGI +0.24 points	3.14%	3.38%
Intact Financial Corp	VIGI +0.22 points	0.32%	0.54%
Seven & I Holdings	VIGI +0.21 points	0.26%	0.47%
Relx PLCREL.L	VIGI +0.20 points	0.83%	1.03%
Givaudan SA	VIGI +0.20 points	0.39%	0.59%
Diploma PLCDPLM.L	VIGI +0.19 points	0.05%	0.24%
Kao	VIGI +0.19 points	0.17%	0.36%
Olympus	VIGI +0.19 points	0.06%	0.25%
Nestle SA	VIGI +0.19 points	3.24%	3.43%
Imperial Oil Ltd	VIGI +0.19 points	0.14%	0.33%
Nitto Denko	VIGI +0.19 points	0.08%	0.27%
Northern Star Resources Ltd	VIGI +0.18 points	0.25%	0.43%
Toromont Industries Ltd	VIGI +0.18 points	0.05%	0.23%
Iberdrola	VIGI +0.18 points	2.32%	2.50%
Logitech International	VIGI +0.18 points	0.08%	0.26%
Symrise AG	VIGI +0.17 points	0.08%	0.25%
Geberit AG	VIGI +0.16 points	0.23%	0.39%
Nomura Research Institute	VIGI +0.16 points	0.08%	0.24%
Chiba Bank	VIGI +0.15 points	0.07%	0.22%
Astellas Pharma	VIGI +0.15 points	0.32%	0.47%
Wistron	VIGI +0.14 points	0.19%	0.33%
Capcom Ltd	VIGI +0.14 points	0.03%	0.17%
George Weston	VIGI +0.13 points	0.06%	0.19%
Novartis AG	VIGI +0.13 points	3.14%	3.27%
Finning International Inc	VIGI +0.13 points	0.05%	0.18%
Metro	VIGI +0.13 points	0.11%	0.24%
Shionogi	VIGI +0.13 points	0.13%	0.26%
Tfi International	VIGI +0.13 points	0.04%	0.17%
Obic Ltd	VIGI +0.11 points	0.07%	0.18%
Pan Pacific International Holdings	VIGI +0.11 points	0.05%	0.16%
Lifco Class B	VIGI +0.11 points	0.02%	0.13%
Nippon Sanso Holdings	VIGI +0.10 points	0.03%	0.13%
Asahi Group Holdings	VIGI +0.10 points	0.17%	0.27%
Stantec	VIGI +0.11 points	0.03%	0.14%
Pro Medicus	VIGI +0.10 points	0.01%	0.11%
Zensho Holdings	VIGI +0.09 points	0.02%	0.11%
Magna International	VIGI +0.09 points	0.20%	0.29%
E.on N	VIGI +0.08 points	0.67%	0.75%
Coca Cola Hbc AGCCH.L	VIGI +0.09 points	0.11%	0.20%
Tmx Group Ltd	VIGI +0.09 points	0.09%	0.18%
Persistent Systems Ltd	VIGI +0.09 points	0.02%	0.11%
Unicharm	VIGI +0.08 points	0.05%	0.13%
Lotus Bakeries NV	VIGI +0.08 points	0.02%	0.10%
Bank Central Asia	IGRO +0.07 points	0.40%	0.33%
Technology One	VIGI +0.07 points	0.03%	0.10%
Kurita Water Industries	VIGI +0.07 points	0.02%	0.09%
Firstservice Subordinate Voting	VIGI +0.07 points	0.02%	0.09%
Chocoladefabriken Lindt & Spruengl	VIGI +0.07 points	0.12%	0.19%
Pearson PLCPSON.L	VIGI +0.07 points	0.10%	0.17%
The Sage GroupSGE.L	VIGI +0.07 points	0.14%	0.21%
Elia Group SA	VIGI +0.06 points	0.06%	0.12%
Chocoladefabriken Lindt & Spruengl	VIGI +0.06 points	0.10%	0.16%
Tisi	VIGI +0.06 points	0.04%	0.10%
Computershare Ltd	VIGI +0.06 points	0.21%	0.27%
Pidilite Industries Ltd	VIGI +0.06 points	0.03%	0.09%
Hydro One	VIGI +0.06 points	0.14%	0.20%
Kandenko Ltd	VIGI +0.06 points	0.02%	0.08%
Tourmaline Oil Corp	VIGI +0.05 points	0.23%	0.28%
Nemetschek	VIGI +0.05 points	0.02%	0.07%
BunzlBNZL.L	VIGI +0.05 points	0.15%	0.20%
Yamaguchi Financial Group	VIGI +0.05 points	0.03%	0.08%
Saputo	VIGI +0.06 points	0.06%	0.12%

All 547 IGRO holdings⁠All 337 VIGI 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 VIGI Cost

Overpaying IGRO vs VIGI

$1,657

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

IGRO 0.15%
$3,137
VIGI 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

IGRO 0.15%
VIGI 0.07%
Overpaying

Year by year

Year	IGRO	VIGI	Overpaying
10	$274	$128	$146
20	$1,071	$503	$568
30	$3,137	$1,480	$1,657

Expense ratio

0.15%IGRO
0.07%VIGI, cheaper

VIGI0.07%IGRO0.15%

0.07%0.60%

Middle half of International Dividend Index funds
Median 0.49%

VIGI cheapest of 34 funds

IGRO 6th cheapest of 34 funds

IGRO vs VIGI Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IGRO 2.57%, better; VIGI 2.09%
Payout (12M): IGRO $2.41; VIGI $2.09
Last payment: IGRO $0.43; VIGI $0.46
Ex-dividend: IGRO Sep 15, 2026; VIGI Sep 18, 2026
Paid on: IGRO Sep 18, 2026; VIGI Sep 22, 2026
Frequency: IGRO Quarterly; VIGI Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IGROQuarterly · 40 paymentsAll IGRO payments⁠

VIGIQuarterly · 39 paymentsAll VIGI payments⁠

IGRO vs VIGI Risk

Fall from peak · 5 years

IGRO
VIGI

Risk facts

VolatilityStd dev, 3 years: IGRO 11.1%, betterVIGI 11.4%
Return per unit of riskSharpe ratio, 3 years: IGRO 1.32, betterVIGI 0.85
Worst fallMax drawdown, 5 years: IGRO −26.0%, betterVIGI −27.7%
Market sensitivityBeta, 5 years: IGRO 0.74VIGI 0.69; Market = 1

IGRO and VIGI in the news

All news⁠

Category Review
International high-yield funds beat the S&P 500. Foreign stocks did not.
Updated Nov 3, 2026VIGI

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IGRO vs VIGI

In short

Stated mandate

Why people hold it

Worth knowing

How IGRO and VIGI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IGRO

Only in VIGI

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

International high-yield funds beat the S&P 500. Foreign stocks did not.

How IGRO and VIGI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IGRO

Only in VIGI

Weight gaps