DIVI vs. VYMI

Last updated Jun 23, 2026

DIVI (Franklin International Core Dividend Tilt Index ETF) and VYMI (Vanguard International High Dividend Yield ETF) are both exchange-traded funds - DIVI is a Foreign Large Cap Equities fund tracking the Morningstar Developed Markets ex-North America Dividend Enhanced Select Index, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. Both are passively managed. Over the past 10 years, DIVI returned 11.95%/yr vs 11.35%/yr for VYMI. Their correlation of 0.81 suggests significant overlap in exposure. DIVI charges 0.09%/yr vs 0.07%/yr for VYMI.

Performance

DIVI vs. VYMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin International Core Dividend Tilt Index ETF (DIVI) and Vanguard International High Dividend Yield ETF (VYMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DIVI having a 12.98% return and VYMI slightly lower at 12.76%. Over the past 10 years, DIVI has outperformed VYMI with an annualized return of 11.95%, while VYMI has yielded a comparatively lower 11.35% annualized return.

DIVI

• 1D: 0.21%
• 1M: 2.00%
• YTD: 12.98%
• 6M: 13.39%
• 1Y: 30.71%
• 3Y*: 19.05%
• 5Y*: 13.96%
• 10Y*: 11.95%

VYMI

• 1D: 0.20%
• 1M: 0.96%
• YTD: 12.76%
• 6M: 13.32%
• 1Y: 32.82%
• 3Y*: 22.36%
• 5Y*: 12.87%
• 10Y*: 11.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DIVI vs. VYMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVI Franklin International Core Dividend Tilt Index ETF	12.98%	34.86%	1.77%	18.97%	-1.21%	16.95%	1.29%	22.98%	-6.73%	13.65%
VYMI Vanguard International High Dividend Yield ETF	12.76%	38.05%	7.06%	17.07%	-7.02%	15.39%	-1.11%	18.43%	-12.65%	22.36%

Correlation

The correlation between DIVI and VYMI is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jun 3, 2016	0.81

The correlation between DIVI and VYMI shifts across timeframes, from 0.81 (all time) to 0.94 (3 years), reflecting how their relationship changes across market environments.

DIVI vs. VYMI - Sectors Allocation Comparison

Sectors	DIVI	VYMI
Financial Services	29.7%	40.7%
Industrials	17.3%	6.2%
Technology	12.2%	5.2%
Healthcare	7.3%	6.5%
Consumer Cyclical	7.1%	6.4%
Consumer Defensive	6.4%	6.7%
Basic Materials	5.2%	6.9%
Utilities	4.8%	5.0%
Communication Services	4.1%	3.7%
Energy	3.2%	8.6%
Real Estate	2.1%	1.3%

Return for Risk

DIVI vs. VYMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIVI

DIVI Risk / Return Rank: 62
DIVI Sharpe Ratio Rank: 64
DIVI Sortino Ratio Rank: 62
DIVI Omega Ratio Rank: 61
DIVI Calmar Ratio Rank: 61
DIVI Martin Ratio Rank: 64

VYMI

VYMI Risk / Return Rank: 76
VYMI Sharpe Ratio Rank: 81
VYMI Sortino Ratio Rank: 80
VYMI Omega Ratio Rank: 80
VYMI Calmar Ratio Rank: 67
VYMI Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DIVI vs. VYMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin International Core Dividend Tilt Index ETF (DIVI) and Vanguard International High Dividend Yield ETF (VYMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DIVI	VYMI	Difference
Sharpe ratio: Return per unit of total volatility	2.03	2.50	-0.47
Sortino ratio: Return per unit of downside risk	2.81	3.38	-0.57
Omega ratio: Gain probability vs. loss probability	1.36	1.45	-0.09
Calmar ratio: Return relative to maximum drawdown	2.93	3.25	-0.32
Martin ratio: Return relative to average drawdown	11.27	12.76	-1.49

DIVI vs. VYMI - Sharpe Ratio Comparison

The current DIVI Sharpe Ratio is 2.03, which is comparable to the VYMI Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of DIVI and VYMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DIVI vs. VYMI - Drawdown Comparison

The maximum DIVI drawdown since its inception was -27.76%, smaller than the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for DIVI and VYMI.

Drawdown Indicators

	DIVI	VYMI	Difference
Max Drawdown Largest peak-to-trough decline	-27.76%	-40.00%	+12.24%
Max Drawdown (1Y) Largest decline over 1 year	-10.54%	-10.14%	-0.40%
Max Drawdown (3Y) Largest decline over 3 years	-14.58%	-12.84%	-1.74%
Max Drawdown (5Y) Largest decline over 5 years	-18.53%	-24.05%	+5.52%
Max Drawdown (10Y) Largest decline over 10 years	-27.76%	-40.00%	+12.24%
Current Drawdown Current decline from peak	0.00%	-0.75%	+0.75%
Average Drawdown Average peak-to-trough decline	-3.62%	-6.29%	+2.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	2.58%	+0.15%

Volatility

DIVI vs. VYMI - Volatility Comparison

Franklin International Core Dividend Tilt Index ETF (DIVI) has a higher volatility of 4.76% compared to Vanguard International High Dividend Yield ETF (VYMI) at 3.95%. This indicates that DIVI's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVI	VYMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.76%	3.95%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	12.78%	11.13%	+1.65%
Volatility (1Y) Calculated over the trailing 1-year period	15.22%	13.23%	+1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.40%	14.87%	+0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.45%	16.82%	-0.37%

DIVI vs. VYMI - Expense Ratio Comparison

DIVI has a 0.09% expense ratio, which is higher than VYMI's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DIVI vs. VYMI - Dividend Comparison

DIVI's dividend yield for the trailing twelve months is around 2.01%, less than VYMI's 3.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DIVI Franklin International Core Dividend Tilt Index ETF	2.01%	3.76%	4.39%	3.17%	6.03%	2.77%	8.04%	1.61%	5.67%	5.22%	11.56%
VYMI Vanguard International High Dividend Yield ETF	3.62%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%

Frequently Asked Questions

Can I hold both DIVI and VYMI in my portfolio?

With a correlation of 0.94, DIVI and VYMI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DIVI or VYMI?

DIVI has higher volatility (4.76%) compared to VYMI (3.95%). In terms of maximum drawdown, DIVI dropped -27.76% vs VYMI's -40.00%.

Which ETF is better, DIVI or VYMI?

On 10-year performance, DIVI leads with 11.95% vs 11.35% for VYMI. On fees, VYMI is cheaper at 0.07% per year. On volatility, VYMI has been the lower-risk option at 3.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVI or VYMI?

Over the 10-year period, DIVI has performed better with a 11.95% return vs 11.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVI or VYMI?

VYMI is cheaper with a 0.07% expense ratio, compared with 0.09% for DIVI.

Which ETF pays a higher dividend yield, DIVI or VYMI?

VYMI has the higher dividend yield at 3.62%, compared with 2.01% for DIVI.

What is the main difference between DIVI and VYMI?

DIVI is categorized as Foreign Large Cap Equities, while VYMI is Dividend. DIVI tracks Morningstar Developed Markets ex-North America Dividend Enhanced Select Index, while VYMI tracks FTSE All-World ex US High Dividend Yield Index. They also come from different issuers: Franklin Templeton and Vanguard. Their fees differ too: 0.09% for DIVI and 0.07% for VYMI.

Which has better risk-adjusted returns?

VYMI currently has the higher Sharpe Ratio (2.50 vs 2.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.