Hi Tom,
I noticed the following:
IMEU MSCI Europe Div%: 3,5% ER: 0,35% (europe based)
IEV S&P Europe 350 Div%: 3% ER: 0,60% (US based)
VGK MSCI Europe Div%: 5,3% ER: 0,14% (US based)
Why is the dividend of VGK so much higher than the dividends of the Ishares funds?
I think the difference between IMEU and VGK's dividend yield has to do with stock lending.
Ishares keeps some of the profit of stock lending while Vanguard returns the profits to the ETF.
The difference in this example is 2%!
I read somewhere that CEF's don't lend stocks, so they are a bit safer than ETFs.
Maybe we should build our own ETFs.
Best Regards,K
