VIG - VIGI: A Quality International ETF But No More Attractive Than VIG Right Now
- In a similar vein to domestic-focused VIG, VIGI invests in ex-US stocks that have raised their dividends for at least a set number of years.
- This rule helps to create a basket of above-average quality stocks based on various profitability metrics. This also supports a premium valuation.
- That said, VIG's underlying holdings appear to be higher quality without carrying much, if any, of a valuation premium to VIGI.
- While VIGI is a solid enough asset, it's not clear that it offers anything more than VIG at this particular moment in time.
For further details see:
VIGI: A Quality International ETF, But No More Attractive Than VIG Right Now