The Temptation of International Dividend ETFs

AstraZeneca (NYSE: AZN) and GlaxoSmithKline (NYSE: GSK), which on average yield over 5%, are also top 10 holdings in DBUK. [ETFs for British Dividend Growth

The WisdomTree DEFA Equity Income Fund (NYSEArca: DTH) has a combined weight of about 62% to the U.K., Australia, France, Germany and Japan – countries where benchmark equity index yields exceed 10-year bonds.

DTH tracks the WisdomTree DEFA Equity Income Index, which includes the highest yielding 30% of the WisdomTree DEFA Index and weighs those firms on the basis of annual cash dividends paid. The $333.6 million DTH has a distribution yield of 3.53%, which is slightly higher than the yield on the MSCI EAFE Index.

WisdomTree DEFA Equity Income Fund