VEU       Vanguard FTSE All-World ex-US Index Fund ETF Shares

VWO     Vanguard FTSE Emerging Markets Index Fund ETF Shares

Most of my international investments are in specific company stocks, and most of them are based in Canada. There are times when I liked an international company, but I decided I didn’t want to buy shares in the company for various reasons. After reviewing several international ETFs, I purchased small positions in two Vanguard ETFs. The two are VWO and VEU. Both have broad diversification, respectable dividend yield, good dividend growth, low portfolio turnover and low expense ratios. Both also have Alibaba Group Holding Ltd ADR (BABA) as their number one holding. I think both have merit for dividend growth investors.

There are some significant differences in the funds. VEU has 3,329 positions and VWO has 5,083. VWO focuses on emerging markets, while VEU is more diversified in Europe, Pacific and Emerging Markets.

Here is a picture of the growing dividend for VEU and VWO from ETFREPLAY.

VEU & VWO have a history of growing dividends.

Comparison of VWO and VEU on Seeking Alpha Premium:

Comparison of three international ETFs: VWO, VEU and VYMI.

VWO Holdings:

VEU Holdings: