Many Americans might not realize it with all the excitement around artificial intelligence (AI) growth in the U.S. tech sector, but America’s stock market is not the only place to invest.
International stocks have also been strong performers recently
Let’s look at two low-cost international stock ETFs that have beaten the S&P 500 index year to date and for the past year. The Vanguard International High Dividend Yield ETF (NASDAQ: VYMI) has delivered a total return of about 30.3% in the past year, compared to 24.3% for the S&P 500. The iShares Core MSCI Total International Stock ETF (NASDAQ: IXUS) has delivered a slightly lower total return of about 28.7% in the past year.
Even though it has underperformed the Vanguard fund, this iShares international ETF might be a better buy for long-term investors. Let’s look at a few reasons why. VYMI vs.