Dividend-News

Should You Buy The iShares International Select Dividend ETF?

Published Wed, 25 Jul 2018 12:57:02 -0400 on Seeking Alpha

There are dozens of dividend ETFs around which give investors exposure to international stocks but the iShares International Select Dividend ETF (IDV) is the biggest and most popular fund. The IDV offers investors a great way to gain exposure to a hundred dividend stocks listed outside of the US in the developed markets.
That being said, the ETF also gives investors exposure to some of those companies whose dividend may not be sustainable. Additionally, the fund has significant exposure to two economies that are facing some major headwinds - the UK and Australia. It also comes with an expense ratio of 0.50%, which makes it slightly more expensive than some of the other comparable ETFs. I don’t see any compelling reason to buy the iShares International Select Dividend ETF.

The iShares International Select Dividend ETF is one of the largest and most liquid international dividend funds. Formed in November 2007, IDV has $4.55 billion of assets under management, which makes it by far the leading international dividend ETF. By comparison, its rivals SPDR S&P International Dividend ETF (DWX), FlexShares International Quality Dividend ETF (IQDF), and Invesco International Dividend Achievers ETF (PID) have less than $1 billion each of assets under management. IDV has an average volume of 617,000 units, which is also significantly higher than that of its peers. IDV also comes with a decent yield (SEC 30-day) of 4.63%.

IDV tracks the Dow Jones EPAC... Read more