Launched on 03/03/2016, the Vanguard International Dividend Appreciation ETF (VIGI) is a smart beta exchange traded fund offering broad exposure to the World ETFs category of the market.
VIGI has underperformed due to market-wide preference for US mega-cap stocks, but valuation and diversification may lead to mean reversion favoring VIGI. 2Q is expected to mark the first growth quarter for "Other" 493, a potential catalyst for change in market sentiment towards VIGI. VIGI's technical picture looks better, with a rising long-term moving average and a potential breakout above $83.
Designed to provide broad exposure to the World ETFs category of the market, the Vanguard International Dividend Appreciation ETF (VIGI) is a smart beta exchange traded fund launched on 03/03/2016.