For example, the recently launched WisdomTree Europe Dividend Growth Fund (NYSEArca: EUDG) focuses on dividend growing companies in Europe and hedges against a falling euro currency. The WisdomTree International Hedged Dividend Growth Fund (NYSEArca: IHDG) targets dividend growers in developed markets, excluding the U.S. and Canada. EUDG shows a 4.82% distribution yield and IHDG has a 5.01% distribution yield. [Grab a Currency Hedge and Dividends With This ETF]
Deutsche Asset and Wealth Management recently launched four new high-dividend-yield, currency-hedged ETFs, including the Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged Equity ETF (NYSEArca: HDEF), Deutsche X-trackers MSCI Eurozone High Dividend Yield Hedged Equity ETF (NYSEArca: HDEZ), Deutsche X-trackers MSCI Emerging Markets High Dividend Yield Hedged Equity ETF (NYSEArca: HDEE) and Deutsche X-trackers MSCI All World ex-US High Dividend Yield Hedged Equity ETF (NYSEArca: HDAW). [Alternative Income ETF Strategies for a Shifting Environment]
DeAWM’s international dividend ETFs provide attractive yields than most liquid asset classes – the high-dividend-yield indices select companies with dividend yields greater than or equal to 1.3 times the yield of the parent index. Additionally, the new funds also utilize forward currency contracts to diminish the negative effects of an appreciating U.S. dollar or weakening foreign currencies.
HDEF’s underlying index has a 4.9% dividend yield. HDEZ’s underlying index has a 4.7% dividend yield. HDEE’s underlying index has a 4.8% dividend yield. Lastly, HDAW’s underlying index has a 4.9% dividend yield.
For more information on dividend investments, visit our dividend ETFs category.
Max Chen contributed to this article.