DIVI
Franklin International Core Dividend Tilt Index ETF
DIVI tracks an index of large- and mid-cap equities from developed markets outside North America. The index aims to maximize dividend yields through optimizations.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
417.1 M
ASSETS UNDER MGMT
9 bp
EXPENSES
Fund Basics
| Fund sponsor | Franklin Templeton |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 01, 2016 |
| Assets (mns) | $417 |
| Expense ratio | 9 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Dividends |
| Weighting | Dividends |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ASML HOLDING NV | 2.5 % |
| NOVARTIS AG | 2.1 % |
| ROCHE HOLDING AG-BR | 1.8 % |
| NESTLE SA-REG | 1.7 % |
| ASTRAZENECA PLC | 1.6 % |
| NOVO NORDISK A/S-B | 1.3 % |
| TOYOTA MOTOR CORP | 1.3 % |
| SAP AG | 1.3 % |
| BHP BILLITON LTD | 1.3 % |
| ALLIANZ SE-REG | 1.2 % |
Constituent Breakdown
| Number of holdings | 515 |
| Herfindahl-Hirschman Index | 66 |
| Wgt avg mkt cap (mns) | $84,276 |
| Large cap (>$10bn) | 87.4% |
| Mid cap ($2-10bn) | 11.1% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.4% |
| Emerging mkts. | 0.4% |
Country Exposure
 |
JAPAN | 22.4 % |
 |
BRITAIN | 14.9 % |
 |
SWITZERLAND | 11.2 % |
 |
FRANCE | 9.4 % |
 |
AUSTRALIA | 8.9 % |
 |
GERMANY | 8.7 % |
 |
NETHERLANDS | 5.1 % |
 |
ITALY | 4.9 % |
 |
SWEDEN | 3.2 % |
 |
HONG KONG | 2.2 % |
Historical Performance
Standardized Performance (as of 12/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 1.8% | 1.8% | -- | -- | -- | -- | 19.0% | Volatility | 13.0% | 13.1% | 14.3% | 15.3% | 17.8% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.73 | 46% |
| MSCI EAFE | 0.84 | 78% |
| MSCI Emg Mkts | 0.71 | 48% |
Liquidity Measures
| Avg. volume (000) | 217 |
| Turnover | 1.6% |
| Avg. Bid/Ask (% of price) | 0.24% |
| ADV of underlying (mns) | $28,114 |
Technical Indicators
| Recent close | $31.27 |
| 30d moving avg. | $30.53 |
| Annualized volatility | 13.9% |
| Relative strength (RSI) | 42 |
| Short interest (ETF) | 0.3% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DIVI |
Expenses vs. DIVI |
ALTAR Score™ vs. DIVI |
|---|---|---|---|---|
| GSID | Goldman Sachs MarketBeta International Equity ETF | 61.6% | +11 bp | -1.0% |
| DOL | WisdomTree International LargeCap Dividend Fund | 60.5% | +39 bp | -0.5% |
| DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | 59.7% | +27 bp | -1.3% |
| EFA | iShares MSCI EAFE ETF | 58.4% | +26 bp | -1.2% |
| HFXI | IQ FTSE International Equity Currency Neutral ETF | 57.9% | +11 bp | -0.8% |
| BKIE | BNY Mellon International Equity ETF | 56.9% | -5 bp | -0.9% |
| EFAX | SPDR MSCI EAFE Fossil Fuel Free ETF | 55.8% | +11 bp | -1.6% |
| JHMD | John Hancock Multifactor Developed International ETF | 55.8% | +30 bp | -0.3% |
| DDWM | WisdomTree Dynamic Currency Hedged International Equity Fund | 54.8% | +31 bp | -0.4% |
| DWM | WisdomTree International Equity Fund | 54.7% | +39 bp | -0.4% |
Risk and Returns: DIVI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 1/23/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
DIVI
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
DIVI
7.7%
Cat. Avg
7.1%
ALTAR Score™ Calculation
Category Overview
There are 262 funds in the International Equity category, with an average ALTAR Score™
of 7.1% and a standard deviation of
2.6%. DIVI's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places DIVI in the 59th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
DIVISELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based International Equity ETFs |
| # of ETFs | 152 |
| Avg. Expense Ratio | 42.9 bp |
| Std. Deviation | 24.3 bp |
| DIVI (9 bp) Percentile rank | 9 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| DIVI | 9.0 | 24.0 | 33 |
| Peer Avg. | 34.8 | 18.9 | 53.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .