Vanguard VIGI ETF: Maximizing Global Dividend Growth with Vanguard International Dividend Appreciation Index Fund ETF Shares from Vanguard Whitehal
VIGI - Market Position
| Ticker Symbol | Product Type | Asset Class | Strategy | Payment Frequency | Geographic Focus | Expense Ratio | Sponsor |
|---|---|---|---|---|---|---|---|
| VIGI | ETF | Equity Dividend ETF | International Dividend Appreciation | Quarterly | Global | 0.22% | Vanguard |
VIGI Overview - The Vanguard International Dividend Appreciation ETF
The Vanguard International Dividend Appreciation ETF (VIGI) is designed to provide investors with exposure to international dividend-paying stocks, offering both income and potential for growth. The fund aims to track the performance of the Vanguard International Dividend Appreciation Index.
VIGI invests in equity securities of companies outside the United States with a track record of increasing dividends over time. By focusing on companies with strong fundamentals and consistent dividend growth, VIGI seeks to capture the benefits of dividend appreciation while providing diversification across international markets.
Investors can monitor VIGI's performance and dividend history on platforms like Morningstar and TipRanks. As of April 29, 2024, VIGI's average yield was 2.08%, reflecting its focus on dividend-paying stocks.
While past performance does not guarantee future results, VIGI's strategy may appeal to investors seeking income from international markets and potential long-term growth.
VIGI - Price / Yield
VIGI - Portfolio and Asset Allocation
The Vanguard International Dividend Appreciation ETF (VIGI) is a fund focusing on international dividend-paying stocks across various sectors. The top holdings reveal a diversified mix of companies from different industries, including healthcare (Novo Nordisk A/S, SAP), consumer staples (Nestlé), pharmaceuticals (Novartis), and technology (Roche Holding).
The sector breakdown further reinforces the fund's diversification strategy, with investments spread across multiple sectors. Healthcare (23.49%) and Consumer Defense (14.49%) constitute the largest allocations, followed by Financial Services (13.35%) and Industrials (11.10%). This allocation suggests that the fund aims to balance income generation and growth potential while managing risk through exposure to a variety of sectors.
The presence of companies like Novo Nordisk A/S, SAP, and Nestlé among the top holdings indicates a focus on established, dividend-paying companies with strong market positions. These companies often have a history of consistent dividend payouts and are generally considered to be more stable investments.
However, it's important to note that the fund also has exposure to sectors like Technology (9.77%) and Communication Services (8.01%), which can be more volatile and sensitive to market conditions. Nonetheless, the relatively lower allocations to these sectors suggest that the fund managers are cautious about overexposure to potentially risky areas.
Top 10 Holdings
As of April 29, 2024, the top 10 holdings of the Vanguard International Dividend Appreciation ETF (VIGI) are:
| Name | Weight |
|---|---|
| Novo Nordisk A/S (UK) | 4.16% |
| SAP SE | 4.12% |
| Nestlé | 4.00% |
| Novartis | 3.73% |
| Roche Holding | 3.68% |
| Reliance Industries Limited | 2.79% |
| Schneider Electric SE (UK) | 2.75% |
| Sony Group Corporation | 2.45% |
| Sanofi | 2.45% |
| Mitsubishi Corporation | 2.19% |
Asset Allocation
The Vanguard International Dividend Appreciation ETF (VIGI) has the following asset allocation as of April 29, 2024:
| Sector | Weight |
|---|---|
| Healthcare | 23.49% |
| Consumer Defense | 14.49% |
| Financial Services | 13.35% |
| Industrials | 11.10% |
| Technology | 9.77% |
| Communication Services | 8.01% |
| Basic Materials | 7.62% |
| Energy | 5.83% |
| Consumer Cyclical | 4.20% |
| Utilities | 1.13% |
| Real Estate | 1.00% |
Dividend Yield and Distribution History
| Section | Details |
|---|---|
VIGI Dividend Data |
The Vanguard International Dividend Appreciation ETF (VIGI) pays quarterly dividends. The most recent ex-dividend date was on March 15, 2024, with a dividend payment of $0.4338 per share on March 20, 2024. |
VIGI Dividend Yield |
As of April 26, 2024, the 30-day SEC yield for VIGI is 2.08%. This means that for every $100 invested in the fund, investors would receive $2.08 in dividends per year, assuming the yield remains constant. |
VIGI Dividend History |
VIGI has a history of paying quarterly dividends. The dividend payments may vary based on the performance of the underlying dividend-paying stocks held by the fund. |
VIGI Dividend Growth |
VIGI's dividend payments are influenced by the dividend growth and performance of the underlying stocks in the fund's portfolio. The fund's investment strategy focuses on companies with a history of consistent dividend growth, which may contribute to increasing dividend payments over time. However, dividend growth is not guaranteed. |
VIGI Dividend Stability |
VIGI aims to provide a relatively stable income stream by investing in high-quality, dividend-paying international stocks. However, the dividend payments are not guaranteed and may be impacted by changes in market conditions or the performance of the underlying stocks in the fund's portfolio. |
VIGI - Chart
VIGI - Comparative Analysis
Let's compare VIGI with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of Apr 2024)
| VIGI | IDV | DWX | |
|---|---|---|---|
| Investment Focus | International dividend-paying stocks | International dividend-paying stocks | International dividend-paying stocks |
| Current Yield | 2.09% | 6.64% | 4.28% |
| Expense Ratio | 0.15% | 0.51% | 0.45% |
| Investment Strategy | Passively tracks the FTSE All-World ex-US Dividend Achievers Index | Tracks an index of high dividend paying equities in non-U.S. developed markets | Tracks the S&P International Dividend Opportunities Index |
| Strengths | Diversification through international exposure, potential for dividend growth | Exposure to established, high-quality international companies | Exposure to the 100 highest yielding international common stocks |
| Weaknesses | Potential for currency fluctuations, geopolitical risks | Geopolitical risks, currency fluctuations | Geopolitical risks, currency fluctuations |
Dividend History (Last 5 distributions)
| Ex-Dividend Date | Cash Amount | Record Date | Pay Date |
|---|---|---|---|
| Mar 15, 2024 | $0.43 | Mar 18, 2024 | Mar 20, 2024 |
| Dec 18, 2023 | $0.37 | Dec 19, 2023 | Dec 21, 2023 |
| Sep 18, 2023 | $0.18 | Sep 19, 2023 | Sep 21, 2023 |
| Jun 20, 2023 | $0.65 | Jun 21, 2023 | Jun 23, 2023 |
| Mar 20, 2023 | $0.32 | Mar 21, 2023 | Mar 23, 2023 |
News
Technical Analysis
Additional Information and Risks
The Vanguard International Dividend Appreciation ETF (VIGI) offers investors exposure to a diversified portfolio of common stocks of high-quality companies located in developed and emerging markets, excluding the U.S. As an ETF, VIGI attempts to replicate the target index by investing in a mix of foreign large growth stocks that exhibit strong dividend growth characteristics. The fund’s performance is measured against the S&P Global Ex-U.S. Dividend Growers Index, proprietary to Morningstar.
Investors should be aware that international markets can be substantially more volatile and less liquid than U.S. markets, posing risks such as foreign currency exchange fluctuations and geopolitical uncertainties. Additionally, stock investments are inherently volatile in price and may constitute investment advice.
It's important to note that past performance is not indicative of future results. While VIGI seeks to track the performance of its target index, management fees and other expenses may impact fund returns relative to the associated index.
Investors should stay up to date with VIGI's performance data, including its dividend yield, share price, and dividend history, available on platforms like Morningstar, Yahoo Finance, and Vanguard's website. As with any investment, individuals should carefully consider their investment objectives and consult with a financial advisor before buying or selling ETF shares.