DWX- Is It Better Than VYMI?
DWX has witnessed price erosion to the tune of -43% since it got listed in 2008. It is enjoying something of a renaissance this year, outperforming global and US stocks by 2-3x. DWX which attempts to cover 100 high yielding non-US stocks from across the world employs some rigorous screening during the construction phase. We proceed to examine how well DWX stacks up against VYMI which follows a much simpler methodology in its efforts to cover a wider pool of international high-yielders.
DWX: An Underperforming Index With An ETF To Match
SPDR S&P International Dividend ETF has underperformed significantly, generating only a 23% total return since inception, making it a Strong Sell. The S&P International Dividend Opportunities Index, while not stellar, offers some resilience in down markets but still lags behind the S&P 500. Alternatives to DWX include individual international stocks with strong balance sheets, positive cash flow, and persistent dividend growth, such as TS, INFY, and ITRN.
The Zacks Analyst Blog DWX, DFND, FID, FDD and PID
DWX, DFND, FID, FDD and PID are included in this Analyst Blog.
International Dividend ETF (DWX) Hits New 52-Week High
For investors seeking momentum, SPDR S&P International Dividend ETF DWX is probably on the radar. The fund just hit a 52-week high and is up 17.89% from its 52-week low price of $33.42/share.
International Dividend ETF (DWX) Hit a 52-Week High
For investors seeking momentum, SPDR S&P International Dividend ETF DWX is probably on the radar. The fund just hit a 52-week high and is up 20.6% from its 52-week low price of $31.80/share.
