2024-05-26 08:12:44 ET
Summary
- 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.
ETF Overview
iShares International Dividend Growth ETF (IGRO) owns a portfolio of international dividend growth stocks. About half of the fund’s portfolio are concentrated in Canada, Japan, and Switzerland. IGRO’s fund price has an inverse correlation to the U.S. treasury rate. Its fund price can also be impacted by currency exchange rates of different countries and can cause more volatility. IGRO also has a lower exposure to technology sector than its U.S. fund peer. This can limit its long-term return. Hence, we think investors may want to seek alternatives elsewhere....
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For further details see:
IGRO: Not The Best Fund For Dividend Growth Investors