However, DWX does offer exposure to 10 emerging markets, which says more than a third of the ETF’s country allocations lies in the developing world. Overall, emerging markets combine for about 12% of DWX’s weight, a number that while not excessive is still larger than what is found in other dividend ETFs that are not directly advertised as emerging markets income plays.
Still, with the Eurozone showing signs of breaking out of recession, DWX could be an ETF to keep an eye through the end of the year. DWX trades 1.6% below its 50-day moving average and nearly 4% below its 200-day line.
SPDR S&P International Dividend ETF
ETF Trends editorial team contributed to this post.
