Vanguard International High Dividend Yield ETF

VYMI

Market cap $19B

Vanguard International High Dividend Yield ETF is rated BUY, driven by strong dividend growth and broad international diversification. VYMI offers a 3.59% yield and a five-year dividend growth rate of 10.88%, with an annualized long-term dividend growth near 13%. VYMI's lower concentration in top holdings reduces volatility, while its low 0.07% expense ratio enhances total return potential.

It's smart to diversify your portfolio beyond just U.S. stocks. These ETFs will quickly and easily have you invested in hundreds, if not thousands, of international stocks.

A leader in mutual funds and credited for launching the Exchange Traded Fund (ETF) platform, John Bogle's Vanguard Group has grown from its mid-70s retail market focused launch to become the second largest US asset manager after BlackRock.

Investors tracking growth oriented ETFs often cite the Invesco QQQ Trust ( NASDAQ: QQQ ) , which tracks the NASDAQ-100.

The Vanguard International High Dividend Yield ETF has delivered average annual returns of 11.7% for the past 10 years. The fund holds more than 1,500 stocks, mostly from developed markets.

For as long as most of us can remember, the conversation around international diversification went roughly the same way.

U.S. investors tend to have a strong home country bias.

Investing in a diversified exchange-traded fund (ETF) can be an effective way for dividend investors to reduce risk. The Vanguard International High Dividend Yield ETF is a low-cost fund that offers both a high yield and tons of diversification.

Investors looking for growth opportunities outside the U.S. market should consider the Vanguard International High Dividend Yield ETF. This international stock ETF has outperformed the S&P 500 index for the past year.

The Vanguard International High Dividend Yield ETF offers triple the dividend yield of the S&P 500 index. The VYMI earned total returns of more than 45% in the past year.