EMDG has a rival in the form of the WisdomTree Emerging Markets Dividend Growth Fund (NasdaqGM: DGRE). Like its counterpart, DGRE is also overweight Brazil relative to the MSCI Emerging Markets Index. The WisdomTree offering has a 15.2% allocation to Brazil, making it the ETF’s largest geographic exposure. [To Brazil With Dividends]
Russia and China combine for another 18.5% of DGRE’s weight and the index yield is nearly 4%, according to WisdomTree data.
For the investor that wants a juicy yield along with the comfort of some exposure to a lower beta emerging market such as Taiwan, the $481.6 million SPDR S&P Emerging Markets Dividend ETF (NYSEArca: EDIV) merits consideration.
EDIV, which is just over three years old, sports a dividend yield of about 5%. The combination of dividends and a large allocation to lower beta Taiwan has made EDIV less volatile than diversified emerging markets ETFs that are not explicit dividend funds over the past several years. Up 9.4% in just the past month, EDIV allocates a combined 45.9% of its weight to Taiwan, China and Brazil.
SPDR S&P Emerging Markets Dividend ETF
ETF Trends editorial team contributed to this post.