iShares International Developed Real Estate
If you’re not too keen on holding emerging market real estate firms, then the iShares International Developed Real Estate (IFGL) could be for you. The ETF tracks a FTSE and NAREIT designed index that covers real estate firms in Canada, Europe, and Asia. However, IFGL sticks to strictly the developed world — sans a token 1.98% exposure to China — and covers both REITs as well as Real Estate Development companies.
Despite not focusing on just tax-efficient REITS, IFGL manages to pay out on hefty dividend yield. The funds 193 holdings kick out a trailing 12-month yield of 6%. That’s nearly double the previously mentioned Vanguard fund.
However, that hefty dividend does come at a price. In this case it’s a higher expense ratio — at 0.48% — as well underperforming the Vanguard fund.