Dividend comparison

VYMI vs IGRO: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Vanguard International High Dividend Yield ETF and iShares International Dividend Growth ETF, side by side. Updated October 21, 2026.

VYMI vs IGRO: key differences
The short answer, from the latest data on this page.
  • Fees. VYMI is cheaper at 0.07% a year versus 0.15% for IGRO. On $10,000 that is $8 a year less in fees.
  • Income. VYMI pays more income, yielding 3.64% over the last twelve months versus 2.64% for IGRO. That is about $100 more a year on $10,000. Both pay quarterly.
  • Performance. Over the last 5 years, VYMI returned 79.0% versus 49.5% for IGRO, with dividends reinvested. $10,000 would have grown to $17,898 in VYMI and $14,951 in IGRO.
  • Risk. Their worst declines over the last 5 years were similar: -24.1% for VYMI and -26.0% for IGRO from peak to trough.
  • Diversification. VYMI holds 1,561 positions and IGRO holds 546. The ten largest positions make up 13.7% of VYMI and 26.8% of IGRO.
  • Overlap. At least 19% of the two portfolios overlap by weight, across 28 shared holdings. They mostly own different companies, so they can complement each other.
  • Dividend growth. IGRO grew its yearly payout 7.7% a year over the last 4 years, versus 3.5% for VYMI.
  • Size. VYMI is the larger fund with $22.3 billion in assets, against $1.3 billion for IGRO.

Bottom line: VYMI fits better if you care most about lower fees, more income today, stronger 5-year returns and broader diversification. IGRO fits better if you care most about faster dividend growth.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricVYMI
Vanguard International High Dividend Yield ETF
IGRO
iShares International Dividend Growth ETF
Dividend yield (TTM)3.64%2.64%
Dividend / share (TTM)$3.72$2.41
Payout frequencyQuarterlyQuarterly
Last dividend$0.8170 on Sep 22, 2026$0.4251 on Sep 18, 2026
Ex-dividend dateSep 18, 2026Sep 15, 2026
Dividend growth (CAGR)3.5% over 4 yrs7.7% over 4 yrs
Price$102.16$91.38
Dividend growth streak3 years—
Beta0.740.74
Max drawdown (5Y)-24.1%-26.0%
Market cap$22.34B$1.29B
ExchangeNASDAQCBOE
Expense ratio0.07%0.15%
Assets under management$22.30B$1.28B
Number of holdings1561546
Top 10 concentration13.7%26.8%
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

VYMI

$30.35/mo

$364 /yr at 3.64% yield

IGRO

$22.01/mo

$264 /yr at 2.64% yield

Dividend history
Total dividends paid per share in each calendar year. VYMI pays quarterly; IGRO pays quarterly.
YearVYMIIGRO
2025$3.3151$2.0760
2024$3.2859$1.6568
2023$3.0473$1.8362
2022$2.8024$1.5179
2021$2.8868$1.5410
Strategy: Dividend equity
Rules-based equity funds that screen for companies paying sustainable or rising dividends, aiming at income plus long-term share-price participation. The screen is what defines the fund: yield-ranked indexes deliver more cash now, dividend-growth indexes deliberately exclude the highest payers in favor of durability. Both approaches produce a sector mix that looks nothing like the broad market, typically heavier in financials, healthcare, staples and industrials.

Expect stretches of underperformance versus the broad market whenever leadership comes from the high-growth, low-yield companies these screens exclude.

What VYMI vs IGRO actually do

The international counterpart to Vanguard's high dividend yield fund, holding higher-yielding companies listed outside the United States.

It tracks a FTSE All-World ex US High Dividend Yield index, covering developed and emerging markets and screening on forecast dividend yield in the same way as the US version. Non-US markets carry a structurally higher payout culture, so the headline yield generally runs above US dividend funds, and the sector mix leans toward financials, energy and materials rather than US-style consumer and technology names. Two mechanical consequences matter: distributions are lumpier because many foreign companies pay once or twice a year rather than quarterly, and foreign withholding tax is deducted at source, recoverable as a foreign tax credit in a taxable account but simply lost inside an IRA.

Suits an investor adding geographic diversification to a US-heavy income portfolio and willing to accept currency swings. A poor fit inside a tax-deferred account, where the foreign tax credit cannot be claimed, and for anyone who needs an even payment every quarter.

International dividend income

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $17,898 in VYMI and $14,951 in IGRO.
PeriodVYMIIGRO
1 month-0.94%1.12%
3 months1.26%1.53%
Year to date13.51%10.40%
1 year19.64%12.79%
3 years86.42%67.06%
5 years78.98%49.51%
  • VYMI
  • IGRO
68132197202120222023202420252026179150

Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • VYMI
  • IGRO
0%11%22%33%44%Financial Services44.4%32.4%Financials30.6%Industrials6.3%13.8%Healthcare6.3%13.4%Consumer Defensive6.4%9.8%Technology5.5%7.7%Utilities5.0%8.0%Health Care12.9%Consumer Cyclical5.8%6.9%Energy9.0%2.4%Other11.1%38.5%
VYMI vs IGRO holdings overlap
At least 19% overlap by weight, with 28 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
Largest shared holdingsVYMI weightIGRO weight
ROP.SWRoche Holding AG1.55%3.07%
RY.TORoyal Bank of Canada1.46%2.73%
NOVN.SWNovartis AG1.41%2.95%
8306.TMitsubishi UFJ Financial Group Inc1.34%1.98%
NESN.SWNestle SA1.24%3.13%
TD.TOToronto-Dominion Bank/The1.03%2.25%
7203.TToyota Motor Corp1.02%2.11%
8316.TSumitomo Mitsui Financial Group Inc0.85%1.22%
IBE.MCIberdrola SA0.83%2.22%
UBSG.SWUBS Group AG0.79%1.21%
Top 10 holdings
Largest positions by portfolio weight.

VYMI1561 holdings total

NameWeight
HSBA.LHSBC Holdings PLC1.80%
ROP.SWRoche Holding AG1.55%
SHEL.LShell PLC1.47%
RY.TORoyal Bank of Canada1.46%
NOVN.SWNovartis AG1.41%
8306.TMitsubishi UFJ Financial Group Inc1.34%
NESN.SWNestle SA1.24%
2454.TWMediaTek Inc1.20%
BHP.AXBHP Group Ltd1.14%
SAN.MCBanco Santander SA1.06%

IGRO546 holdings total

NameWeight
BATS.LBRITISH AMERICAN TOBACCO3.23%
NESN.SWNESTLE SA3.13%
ROP.SWROCHE PS PAR AG3.07%
NOVN.SWNOVARTIS AG2.95%
2330.TWTAIWAN SEMICONDUCTOR MANUFACTURING2.92%
RY.TOROYAL BANK OF CANADA2.73%
TD.TOTORONTO DOMINION2.25%
IBE.MCIBERDROLA2.22%
SAN.PASANOFI SA2.14%
NOVO-B.CONOVO NORDISK CLASS B2.12%

Quick verdict

VYMI fits better if you care most about lower fees, more income today, stronger 5-year returns and broader diversification. IGRO fits better if you care most about faster dividend growth. Model the holding inside your real portfolio before deciding.

Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how VYMI vs IGRO fits with the rest of your holdings. Free to start — no credit card required for the trial.

Frequently asked questions

Is VYMI or IGRO better for dividend income?
It depends on your goals. VYMI currently yields 3.64% Trailing Twelve Months (TTM) while IGRO yields 2.64%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between VYMI and IGRO?
Vanguard International High Dividend Yield ETF (VYMI) is an ETF listed on NASDAQ. iShares International Dividend Growth ETF (IGRO) is an ETF listed on CBOE. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, VYMI or IGRO?
VYMI has the lower expense ratio. VYMI charges 0.07% a year and IGRO charges 0.15%, a difference of $8 a year on a $10,000 investment.
Which has performed better, VYMI or IGRO?
Over the last 5 years, VYMI has the higher total return with dividends reinvested: VYMI returned 79.0% and IGRO returned 49.5%. Past performance does not predict future returns.
Which is riskier, VYMI or IGRO?
Measured by the worst peak-to-trough decline over the last five years, IGRO has been riskier: VYMI fell as much as 24.1% and IGRO as much as 26.0%. Their betas are 0.74 and 0.74.
How much do VYMI and IGRO overlap?
At least 19% of the two portfolios overlap by weight, across 28 shared holdings. The largest shared positions are ROP.SW, RY.TO, NOVN.SW. Holding both still adds meaningful diversification.
How often do VYMI and IGRO pay dividends?
Both pay quarterly. The most recent payments were $0.8170 for VYMI and $0.4251 for IGRO.
How much income does $10,000 in VYMI vs IGRO generate?
At current TTM yields, $10,000 in VYMI would generate roughly $30.35 per month ($364 annually). The same amount in IGRO would produce about $22.01 per month ($264 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both VYMI and IGRO?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare VYMI vs IGRO with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how VYMI and IGRO fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.