XIDV: FRANKLIN INTERNATIONAL DIVIDEND BOOSTER INDEX ETF
ETF Education Report: FRANKLIN INTERNATIONAL DIVIDEND BOOSTER INDEX ETF (XIDV)
What this ETF is trying to do
The FRANKLIN INTERNATIONAL DIVIDEND BOOSTER INDEX ETF (XIDV) is an exchange-traded fund listed on the NYSE. While the specific investment strategy isn't detailed in the data, its name and holdings suggest it focuses on international companies that pay dividends.
What the numbers show
When looking at how an ETF performs, it is important to look at two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price. For XIDV, the year-to-date (YTD) price return is approximately 9.25%. Over the last year, the price return was approximately 14.47%.
• Total Return: This is a more complete measure because it includes both the share price changes and the cash distributions (dividends) paid out to investors. The YTD total return is approximately 14.97%, and the one-year total return is approximately 21.68%.
To visualize the price change, we can look at an estimated price from roughly one year ago, which was $32.50. The current price is $37.20.
Income and distribution explanation
Some investors look for ETFs that pay regular cash. This is called the distribution yield. For XIDV, the distribution yield is approximately 6.02%. This means the cash distributions are about 6.02% of the current share price.
The ETF usually pays these distributions quarterly, and it has made 4 payments over the last 12 months. It is important to remember that a high distribution yield does not guarantee an investor will earn that same percentage as a total return.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of an ETF's underlying assets declines significantly over time. It is important not to confuse a falling share price with NAV erosion.
In the case of XIDV, the erosion-risk score is 100, and the label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are the top holdings in this ETF (note that this is a partial list):
• LEGAL & GENERAL GROUP PLC: 2.34%
• CARREFOUR: 2.20%
• BANCO DE SABADELL SA: 2.19%
• TELUS CORP: 2.14%
• UPM-KYMMENE OYJ: 1.98%
• VONOVIA SE: 1.98%
• IMPERIAL BRANDS PLC: 1.94%
• BANCA MONTE DEI PASCHI DI SIENA: 1.93%
• BANCO BPM SPA: 1.93%
• SANOFI SA: 1.93%
*Holdings can change over time.*
Pros
• The ETF shows a positive total return over the last year.
• It provides a distribution yield of approximately 6.02%.
• The erosion-risk measurements are currently rated as "good."
Cons
• Total return data for the three-year period was not supplied.
• The list of holdings provided is only a partial list of the 103 total holdings.
Beginner takeaway
When evaluating an ETF like XIDV, remember that the share price and the cash distributions are two different things. Total return is the best way to see how both parts worked together over time. Also, while high yields can provide cash income, they do not guarantee that the share price will stay stable.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | LEGAL & GENERAL GROUP PLC | n/a | 2.34% |
| 2 | CARREFOUR | n/a | 2.20% |
| 3 | BANCO DE SABADELL SA | n/a | 2.19% |
| 4 | TELUS CORP | n/a | 2.14% |
| 5 | n/a | n/a | 2.01% |
| 6 | UPM-KYMMENE OYJ | n/a | 1.98% |
| 7 | VONOVIA SE | n/a | 1.98% |
| 8 | IMPERIAL BRANDS PLC | n/a | 1.94% |
| 9 | BANCA MONTE DEI PASCHI DI SIENA | n/a | 1.93% |
| 10 | BANCO BPM SPA | n/a | 1.93% |