EFAD’s large U.K. weight makes sense because British firms accounted for 11% of global dividends paid last year. Still, the ETF offers decent exposure to some other developed market dividend heavy weights, including a 9% weight to Switzerland, one of Europe’s most dependable dividend growth markets, and a 7.7% weight to Australia. Australian companies paid $40.3 billion in dividends last year, nearly double the amount paid in 2012. [Rising Aussie Dividends]
EFAD charges 0.5% per year.
ProShares MSCI EAFE Dividend Growers ETF
Chart Courtesy: ProShares
Tom Lydon’s clients own shares of EFA.