Franklin International Dividend Multiplier Index ETF

Franklin International Dividend Multiplier Index ETF (XIDV) is an index fund from Franklin Templeton. It holds about 87 large and mid-sized dividend-paying companies from developed markets outside the US, chosen to push the yield above the broad market while limiting volatility. Its trailing 12-month yield was 5.93% as of October 27, 2026. It charges 0.19% a year, below the 0.31% average of similar funds. It is also very small and young, with a short track record.

• Over the year to Oct 27, 2026, XIDV returned +23.8%, 2nd of 7 among similar funds.
• The deepest fall in its price history was 12.1% (Mar 19, 2025 to Apr 8, 2025), recovered by Apr 24, 2025.

As of Jun 30, 2026, the fund held 86 securities; the ten largest made up 23.34% of assets. It also reported 3.99% in a money-market fund, most likely cash collateral from lending out shares rather than uninvested money.

• Over the three months to Jun 30, 2026, investors withdrew a net $22.7M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +5.32%, +1.83%, -1.94%.

XIDV tracks the VettaFi New Frontier International Dividend Select Index. That index starts from a broader one, the VettaFi Developed World ex United States Index, which covers large and mid-sized companies making up the top 85% of developed markets outside the US by float-adjusted market value. "Float-adjusted" means it counts only shares that investors can actually buy. An optimization process (a computer model) then picks and weights stocks to get the highest dividend yield it can, within limits meant to keep volatility close to the broad market.

The limits are set at each reconstitution, which happens twice a year. No single stock can start above 2.5%. A sector can be at most 30%, or 1.5 times its weight in the broader index. A country can be at most 30%, or twice its weight in the broader index, and each included country needs at least 2.5%. One-way turnover is capped at 20% per reconstitution, though that cap can be relaxed. As of May 31, 2026, the index held 87 stocks across 22 countries, from Japan and Australia to the UK and Canada.

The fund is passive. It aims to hold all the index stocks at their index weights, but it can use a representative sample instead. It may also use equity futures, total return swaps and currency forward contracts to put cash to work, keep tracking close or handle settlements. The N-PORT report as of June 30, 2026 showed no derivative positions.

• XIDV charges 0.19% a year, versus an average of 0.31% for the similar funds below (4th of 7, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $19 in the first year and $241 over 10 years (assuming a 5% annual return).

The fund is built to deliver a higher dividend yield than the broad international stock market, paid quarterly. It had a 5.93% trailing yield as of October 27, 2026.

XIDV could add income from outside the US to a retirement portfolio. It paid $2.24 per share over the 12 months to October 27, 2026, a 5.93% yield, in quarterly payments. The annual cost is 0.19%, or $19 a year on $10,000 under the SEC's standard example. The record is short. The fund launched on January 21, 2025, so it did not exist during the 2008, 2020 or 2022 sell-offs, and it has no full losing calendar year to point to. Its deepest drop was 12.1%, from March 19 to April 8, 2025, and it recovered by April 24, 2025. That is far too brief to show how it might hold up in a long bear market. Holdings lean toward European banks and insurers, and those dividends can be cut when a downturn hits, just when a retiree may need to sell shares or rely on the income. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by closest holdings overlap from the latest N-PORT reports (no similar fund shares 20% or more of its holdings).