iShares International Dividend Growth ETF (IGRO)
IGRO: International ETF Heavily Weighted In Financials, Downplays China
iShares International Dividend Growth ETF offers diversified exposure to 557 international stocks with at least five years of dividend growth. IGRO has low exposure to China-related geopolitical risk but is heavily weighted in financials (30.7%). The fund has underperformed the ex-U.S. equity benchmark IXUS since inception, and lagged it by 10.2% over the last 12 months.
Dividend Growth ETF (IGRO) Hits Fresh 52-Week High
IGRO hits a new 52-week high as strong global markets and rising demand for income-generating ETFs fuel momentum.
IGRO: Not A Good Time For Dividend Growth
iShares International Dividend Growth ETF is rated a hold due to portfolio flaws and the availability of superior alternatives like LVHI. IGRO's backward-looking dividend growth strategy lacks quality screens, resulting in higher volatility, sector/geographic concentration, and underperformance versus LVHI. LVHI outperforms IGRO on risk-adjusted returns, yield, and liquidity, making it a more compelling choice for global ex-US dividend exposure.
IGRO: Risk-Reward For A Long Position Is Not Very Ideal
IGRO which follows a group of 450 international dividend growers has generated returns of close to 15% and outperformed global markets by around 330 bps this year. We measure how IGRO stacks up against its more popular peer- VIGI. While IGRO's portfolio may appeal to those fishing for beaten down and cheaply valued opportunities across the globe, we find that the risk-reward on the standalone chart is not ideal.
IGRO: Finding Value In Foreign Dividend Growers
IGRO focuses on owning high-quality dividend-growth companies domiciled outside of the US. I see value in the fund given its low 14x P/E, while the sector breakdown is diversified. With bullish seasonality in play, I highlight key price levels to monitor.
IGRO: Why It Is A Good Time To Buy An International Dividend Growth ETF
A diversified portfolio of dividend-paying stocks is likely to perform well when interest rates are lowered. International stock valuations are not as inflated as U.S. stocks, offering the potential for more affordable purchases. The healthcare sector provides stability and dividend payments, making it appealing during market volatility, and it is the second-largest sector in IGRO.
IGRO: Not The Best Fund For Dividend Growth Investors
The iShares International Dividend Growth ETF owns a portfolio of international dividend growth stocks, with a concentration in Canada, Japan, and Switzerland. IGRO had a rough ride in 2022 but has since recovered, though its return is still lower than the S&P 500 index. IGRO's fund price may be impacted by currency rates and the Federal Reserve's monetary policy.
IGRO: Unattractive Relative To Peers
iShares International Dividend Growth ETF tracks the Morningstar Global ex-US Dividend Growth Index and holds 388 stocks. The IGRO fund is overweight in financials and has a significant presence in Europe and Asia. IGRO has underperformed compared to several competitors and has lagged behind inflation.
IGRO: Global Dividend Growth ETF With Sub-Par Performance
iShares International Dividend Growth ETF holds over 400 global stocks with growing dividends. It is well-diversified across countries and holdings, but not so much across sectors.
ETFs to Win/Lose if U.S. Defaults on Debt
The US government could run out of funds to pay its bills as early as June 1st if the debt ceiling is not raised by Congress, according to Treasury Secretary Janet Yellen.
IGRO: This Low-Yielding Diversified Global Ex-US ETF Deserves Your Attention
iShares International Dividend Growth ETF has a fully diversified ex-U.S. global portfolio with almost 65 percent of its $577 million assets invested in four sectors having above-average growth potential. IGRO bears low risk due to its smart portfolio allocation, acceptable turnover ratio, low expense ratio, steady yield, and favorable impact of interest rate hikes.
IGRO: Dividend Growth ETF Lagging Its Competitors
IGRO is a global dividend growth ETF with over 40% of asset value in Europe. It looks cheap, but valuation is skewed by the heavy weight of financials.
IGRO: Low Maintenance But High Quality
IGRO's performance has been primarily driven by bad performance in European markets. Substantial financial exposure is favorable in a rate hike environment.
IGRO: FX Risk And Dividend Growth Among Concerns
IGRO invests in non-U.S. stocks with at least 5-year history of dividend increases. It excludes high-yielders and pays attention to the payout ratio and earnings forecasts. In the current version, IGRO is overweight in Japanese, Canadian, Swiss, and UK equities.
IGRO: International Dividend Growth
IGRO: International Dividend Growth
I Won't Grow With IGRO
The iShares International Dividend Growth ETF holds a portfolio of international stocks with a history of growing dividends. It has over 400 holdings, yields 2.4% and costs just 15 basis points.
iShares International Dividend Growth ETF (IGRO) at 52-Week High
iShares International Dividend Growth ETF (IGRO) recently hit a 52-week high. Can this soar further?
IGRO: Imperfect Methodology Is A Key Weakness
IGRO tracks the dividend dollar-weighted Morningstar Global ex-US Dividend Growth Index. The benchmark is not pursuing high-yielders; instead, it focuses on dividend consistency and growth. Most of the fund's net assets are currently allocated to Canada (19.2% of the portfolio), Japan (13.5%), and the United Kingdom (12.7%). The most significant EM in IGRO's portfolio is China.