IDV

iShares International Select Dividend ETF (IDV) is an exchange-traded fund that seeks to track the performance of an index composed of developed market companies outside the United States with a history of dividend payments. The ETF is managed by BlackRock and trades under the ticker IDV on NYSE Arca.

Classified as an international equity income ETF, IDV aims to reflect, before fees and expenses, the performance of the securities included in its benchmark index. The fund follows a passive management strategy.

The index tracked by IDV consists of companies listed in developed markets outside the United States, selected based on criteria related to dividend consistency and sustainability.

Diversification and sector exposure

IDV provides exposure to developed international equity markets, focusing on companies associated with dividend income generation. Sector diversification includes areas such as:

• Financials.

• Energy.

• Telecommunications.

• Industrials.

• Consumer staples.

• Utilities.

Sector allocation reflects the structure of the underlying index.

Structure and costs

IDV shares trade on the secondary market. Creation and redemption of shares occur through authorized participants, helping maintain alignment between the ETF’s market price and its net asset value (NAV).

The fund charges a management fee and does not apply a performance fee. IDV distributes income periodically, primarily in the form of dividends received from portfolio companies.

History and evolution of the ETF

iShares International Select Dividend ETF was launched in 2007 during a period of expansion in dividend-focused strategies within international equity markets.

In recent years, IDV has reflected varying global market conditions, including the initial impact of the pandemic on dividend distributions in 2020, subsequent recovery phases, the interest rate tightening cycle across major economies beginning in 2022, and notable currency fluctuations. 

The fund’s behavior has been linked to macroeconomic developments and the performance of developed market companies outside the United States.