IQDY will try to reflect the performance of the Northern Trust International Quality Dividend Dynamic Index, which provides exposure to high-quality, income-oriented non-U.S. international equities that are weighted by target overall beta between 1.0 to 1.5 times that of the Parent Index, dividend yield, quality factors and lower total risk. This ETF appears to tilt toward riskier but potentially more lucrative international dividend stocks.
IQDE will try to reflect the performance of the Northern Trust International Quality Dividend Defensive Index, which provides exposure to high-quality, income-monitored portfolio of non-U.S. international equities that are weighted by targeted overall beta between 0.5 and 1.0 times that of the Parnet Index, dividend yield, quality factors and lower total risk.
The fund provider launched the FlexShares Quality Dividend Index Fund (NYSEArca: QDF), which has a 3.09% 30-day SEC yield, FlexShares Quality Dividend Dynamic Index Fund (NYSEArca: QDYN), which has a 3.01% 30-day SEC yield, and FlexShares Quality Dividend Defensive Index Fund (NYSEArca: QDEF), which has a 3.12% 30-day SEC yield, late last year.[FlexShares Adds New Line of Dividend ETFs]
For more information on new fund products, visit our new ETFs category.
Max Chen contributed to this article.