High-Yield Aggressive Fund #2: Powershares International Dividend Achievers
The Powershares International Dividend Achievers (NYSE:PID) fund is based on the International Dividend Achievers Index, and as such you should expect global exposure in your portfolio. Like DWM, the share performance lags the S&P significantly due to global stocks and their volatility. Only 15% or so of the fund is in the U.S., with the largest portion of investments in the U.K. and Canada. Telecommunications represents 19% of the fund, and energy is the second most heavily weighted sector at 17%. Something to note, though: Top holding Telefonica recently suspended its dividend, so don’t expect it to remain in PID for much longer.
For more info, visit this ETF’s page on the Invesco PowerShares website.