Check This Out Before Jumping Aboard International Dividend ETFs
These 'driver-less' funds may be going places you might not want to be.
Passively managed, rules-based international equity exchange-traded funds can sometimes result in large country bets. At times, these country bets can be an unintended source of risk, especially if the fund is overweight in a country that has a volatile equity market and/or currency. Below is our ETF Report on iShares International Select Dividend (IDV), which provides some background on the fund’s country tilts.
With a current yield of almost 6%, iShares International Select Dividend is one of the highest-yielding international equity funds.
Patricia Oey does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.