The current economic landscape highlights the heightened uncertainty confronting investors. From AI bubble concerns and worries about U.S. asset prices being overvalued to persistent economic and geopolitical frictions, diversification has become essential for investors seeking to safeguard and stabilize their portfolios.Against this backdrop, broadening exposure to global equities emerges as a compelling strategy. The S&P World Index, which tracks the performance of stocks from 24 developed economies, has ...

Core Insights - SWAN Capital LLC increased its stake in the Vanguard International Dividend Appreciation ETF by acquiring an additional 35,964 shares, valued at approximately $3.19 million, bringing the total stake to $8.02 million at the end of the third quarter [1][2]. Investment Activity - The acquisition of shares occurred during the third quarter, with the previous stake valued at $4.83 million [2]. - Following the purchase, VIGI represented 3.25% of SWAN Capital's reportable assets, which totaled $246.64 million as of September 30, 2025 [7]. ETF Overview - The Vanguard International Dividend Appreciation ETF (VIGI) focuses on non-U.S. companies committed to increasing dividends over time, with a market capitalization of $9.22 billion as of November 15, 2025 [5]. - As of November 14, 2025, VIGI's price was $90.51, with a trailing twelve-month dividend yield of 1.87% and a one-year total return of 12.24% [4][7]. Performance Metrics - VIGI's performance slightly underperformed the S&P 500 by 0.48 percentage points over the past year [7]. - The ETF's expense ratio is ultra-low at 0.1%, allowing most gains to benefit investors directly [9]. Portfolio Composition - The ETF is structured to replicate its benchmark index, holding a diversified basket of international equities [5][8]. - Its top five holdings include two financial firms, a drugmaker, a food and beverage company, and an enterprise software business [10]. Dividend Distribution - The quarterly dividends from VIGI may vary, as many international companies do not follow the typical quarterly payout schedule familiar to U.S. investors [11].

Core Insights - The Vanguard International Dividend Appreciation ETF (VIGI) is designed to provide broad exposure to the Foreign Large Blend ETF category and was launched on March 3, 2016 [1] - VIGI is managed by Vanguard and has accumulated over $8.4 billion in assets, making it one of the larger ETFs in its category [5] - The ETF seeks to match the performance of the NASDAQ International Dividend Achievers Select Index [5] Investment Strategy - Smart beta ETFs, like VIGI, track non-cap weighted strategies and aim to select stocks based on specific fundamental characteristics to enhance risk-return performance [3] - The S&P Global Ex-U.S. Dividend Growers Index focuses on high-quality companies in developed and emerging markets that are committed to growing dividends over time [6] Cost and Performance - VIGI has an annual operating expense ratio of 0.10%, making it one of the least expensive options in the ETF space [7] - The ETF's 12-month trailing dividend yield is 1.84% [7] - As of August 14, 2025, VIGI has gained approximately 12.51% year-to-date and 8.08% over the past year, with a trading range between $75.29 and $91.16 in the last 52 weeks [9] Holdings and Diversification - The ETF holds about 341 different stocks, effectively diversifying company-specific risk [9] - Major holdings include SAP Se (4.02% of total assets), Novartis Ag, and Royal Bank Of Canada [8] Alternatives - Other ETFs in the same space include Vanguard Total International Stock ETF (VXUS) and Vanguard FTSE Developed Markets ETF (VEA), which have larger asset bases and lower expense ratios [11]