That ETF, which also be made available as a mutual fund, will have an annual expense ratio of 0.3%.
“The Vanguard International Dividend Appreciation Index Fund will seek to track the performance of the Nasdaq International Dividend Achievers Select Index. This new benchmark comprises more than 200 all-cap developed and emerging markets stocks with a long track record of increasing annual dividend payments,” according to Vanguard.
That ETF will charge 0.25% per year.
Vanguard is already one of the largest issuers of dividend ETFs thanks to combined $38 billion in assets under management for the Vanguard Dividend Appreciation ETF (NYSEArca: VIG) and the Vanguard High Dividend Yield ETF (NYSEArca: VYM).