- DTH is an international (ignoring the U.S., Canada, and EMs) dividend ETF with value and quality filters yielding ~6.3%.
- This strategy is seemingly ideal for an environment where growth premia are being squeezed amid U.S. interest rates rising. But the crucial point not to miss is the FX risk.
- As of June 24, DTH was long 412 stocks, with Japanese (18.8%), UK (16.8%), and Australian (15.3%) equities occupying three leading positions.
- I appreciate its dividend growth trend, though I also see the FX risks worthy of concern, principally stemming from exposure to the Japanese yen and the pound sterling. DTH is a Hold.
For further details see:
DTH: Fund For International Value Factor Exposure, Though With FX Risks