
There was no change to the Franklin International Rotation Model this week, so we look at the Franklin International Core Dividend Tilt Index ETF (DIVI).
There was no change to the Franklin International Rotation Model this week.
Those looking for international exposure with a focus on income could look towards the Franklin International Core Dividend Tilt Index ETF (DIVI). DIVI holds a strong fund score of 4.16, which is higher than the average Non-US equity, even with its higher yield. It also has a sharply positive score direction of 2.70, highlighting its significant improvement in strength from its lows at the end of last year. Since the start of the year, DIVI is up more than 14%, outpacing the iShares MSCI ACWI ex US ETF (ACWX) by 2% during that period. The fund trades in a positive trend dating back to 2021 and recently returned to a buy signal after setting new all-time highs earlier this month. Support for DIVI can be found starting at $29 then $27, with its bullish support line also located at $28. Lastly, DIVI offers a yield of 3.99%, making it a strong option for those needing an income-focused international name.