IGRO ETF ANALYSIS

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IGRO ETF FUNDAMENTALS
IGRO ETF PERFORMANCE

IGRO ISSUER

The iShares International Dividend Growth ETF (IGRO) is brought to you by iShares, a leading provider of exchange-traded funds (ETFs) known for its innovative and diversified investment offerings. IGRO aims to track the Morningstar® Global ex-US Dividend Growth IndexSM, which selects international equities with a history of consistent dividend growth, as determined by Morningstar Inc. This ETF provides investors with exposure to developed and emerging markets outside the United States, offering a unique approach to global dividend growth investing. With its commitment to low-cost, passive indexing strategies, iShares continues to be a reliable choice for investors seeking international dividend growth opportunities.

IGRO DIVIDEND

The iShares International Dividend Growth ETF (IGRO) focuses on tracking the investment results of the Morningstar® Global ex-US Dividend Growth IndexSM. This index employs a dividend dollars weighted approach to assess international equities with a consistent history of growing dividends. Eligible companies for the Underlying Index must meet specific criteria, including paying qualified dividends, having at least five years of uninterrupted annual dividend growth, and maintaining an earnings payout ratio of less than 75%. Companies in the top decile of the Morningstar Global Markets ex-US Index based on dividend yield are excluded from the Underlying Index. IGRO's dividend distribution is influenced by the performance and dividend policies of the constituent companies within the index. As of March 31, 2023, the Underlying Index included securities from 34 countries, comprising large-, mid-, and small-capitalization companies. The Fund typically invests at least 80% of its assets in the component securities of the Underlying Index, with the aim of tracking its performance. By following an indexing approach, IGRO seeks to achieve lower costs and better after-tax performance, although it may not substantially outperform the Underlying Index. Additionally, the Fund may lend securities representing up to one-third of its total assets and maintains an industry concentration policy aligned with the Underlying Index.

IGRO TRACKING

The iShares International Dividend Growth ETF, IGRO, tracks the Morningstar® Global ex-US Dividend Growth IndexSM. This index is designed to measure the performance of international equities with a history of growing dividends. It is a dividend dollars weighted index, and the selection of international equities is determined by Morningstar Inc., the Index Provider. Eligible companies for this index must have a consistent history of growing dividends for at least five years and maintain an earnings payout ratio of less than 75%. The Underlying Index represents approximately 97% of the market capitalization in international developed and emerging markets, excluding companies in the top decile of the Morningstar Global Markets ex-US Index based on dividend yield. The index includes companies from 34 countries, encompassing large-, mid-, and small-cap stocks across various sectors. IGRO employs a representative sampling indexing strategy to closely align with the Underlying Index's performance while seeking to minimize costs and portfolio turnover. The ETF generally invests at least 80% of its assets in component securities of the Underlying Index and may use futures, options, swap contracts, and cash equivalents to track the index's results before fees and expenses. The Fund may also lend securities, representing up to one-third of its total assets, and adheres to industry concentration policies that mirror those of the Underlying Index to a similar extent.

IGRO CORRELATION

The iShares International Dividend Growth ETF (IGRO) exhibits a correlation pattern closely tied to the performance of international equities with a consistent history of growing dividends. As an exchange-traded fund tracking the Morningstar® Global ex-US Dividend Growth IndexSM, IGRO's correlation is influenced by the underlying index's composition, which includes a diversified range of international developed and emerging market stocks. While IGRO primarily focuses on dividend growth, its correlation can provide insights into the performance of dividend-paying companies outside the United States. Investors seeking to understand the relationship between international dividend growth and broader market trends can use ETF Insider's web app to explore IGRO's correlations with various asset classes and sectors, facilitating well-informed investment decisions and portfolio diversification strategies.

IGRO SECTOR

The iShares International Dividend Growth ETF (IGRO) primarily focuses on the global ex-US dividend growth sector. IGRO seeks to track the Morningstar Global ex-US Dividend Growth Index, which comprises international equities selected for their consistent history of growing dividends. As of March 31, 2023, this index was composed of securities from companies in 34 countries, including large, mid, and small-cap companies. The ETF provides exposure to various industries, with significant representation in the financials and healthcare sectors. IGRO uses a representative sampling indexing strategy, aiming to replicate the performance of its underlying index while managing costs and minimizing turnover. The fund generally invests at least 80% of its assets in component securities of the index and may invest up to 20% in futures, options, swaps, and other instruments, as well as securities not included in the index to achieve its objectives. Additionally, IGRO follows an industry concentration policy, aligning its investments with the sector concentrations of its underlying index.

IGRO EXPOSURE

The exposure characteristic of the iShares International Dividend Growth ETF (IGRO) revolves around its focus on international equities with a consistent history of growing dividends. This ETF seeks to track the Morningstar Global ex-US Dividend Growth Index, which includes companies from 34 countries, emphasizing large, mid, and small-cap stocks. The primary sectors represented in the index as of March 31, 2023, are financials and healthcare. Investors looking for international dividend growth opportunities can use IGRO as a tool to gain exposure to these sectors and geographies. Are you interested in exploring the exposure of other ETFs like IGRO? ETF Insider offers a comprehensive web app to discover and visualize the exposure of various U.S. ETFs. With simple visualization tools, you can analyze overlap, correlations, and more to make informed investment decisions. Discover the insights you need with ETF Insider.

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