DNL: Global Dividend Growth With Risk Mitigation


  • DNL is an international, ex-U.S. dividend growth ETF.
  • It mitigates risks by filtering constituents with fundamental and momentum factors.
  • France, the U.K. and Denmark are the heaviest countries in asset value.
  • Materials, consumer discretionary and technology are the heaviest sectors.
  • It has beaten some competitors in the last 5 years.
  • Looking for a helping hand in the market? Members of Quantitative Risk & Value get exclusive ideas and guidance to navigate any climate. Learn More »

A world globe marked with several national flag pins

Richard Drury

This dividend exchange-traded fund ("ETF") article series aims at evaluating products regarding the relative past performance of their strategies and quality of their current portfolios. As holdings and their weights change over time, reviews may be updated when necessary.

DNL top 10 countries

DNL top 10 countries (Chart: author with WisdomTree data)

DNL sectors weights

DNL sectors weights (Chart: author with WisdomTree data)

DNL vs. FGD vs. VIGI

DNL vs. FGD vs. VIGI (Portfolio123)


DNL vs. SCHY (Portfolio123)

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This article was written by

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Data-driven portfolios and risk indicators.
Author of Quantitative Risk & Value and three books, I have been investing in systematic strategies since 2010. I have a PhD in computer science, an MSc in software engineering, an MSc in civil engineering and 30 years of professional experience in various sectors. My aim is making simple and efficient quantitative investing techniques available to my followers. Quantitative models can make investment decisions faster, reproducible and emotionless by focusing on relevant information in the middle of market noise. Moreover, models can be refined to meet specific risk tolerance and objectives. 

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I am an individual investor and an IT professional, not a finance professional. My writings are data analysis and opinions, not investment advice. They may contain inaccurate information, despite all the effort I put in them. Readers are responsible for all consequences of using information included in my work, and are encouraged to do their own research from various sources.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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