SPDR S&P International Dividend ETF (DWX)
SPDR S&P International Dividend ETF (DWX) is another ETF that spans the globe scooping up stocks with big payouts, but unlike SDIV, this dividend ETF has no exposure to U.S. equities.
Although the fund keeps distressed companies out of the mix by insisting on three years of earnings growth and profitability, Morningstar cautions that DWX still was one of the most volatile international-equity dividend funds during the past three- and five-year periods. So be forewarned that the generous income stream from DWX might be accompanied by some nauseating price swings.
Still, DWX yields 6.5%, and with fees at 0.45% — or $45 annually on every $10,000 invested — it’s one of the cheapest high-yield dividend ETFs you can buy. Also, like SDIV, the high yield and international diversification add another layer of defense to your total portfolio. Top holdings include Belgacom (BGAOY), AstraZeneca (AZN) and Vivendi (VIVHY).