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Not everyone agrees, most notably John Bogle, the founder of Vanguard, who felt the additional risks, 'ranging from currency risk and economic risk to societal instability risk,' weren't worth it. But as we long-time Vanguard investors have learned, the Vanguard of today is not the wonderful, customer-centered Vanguard Mr. Bogle about the wisdom of indulging in international investments. investor, when I survey income-producing ETFs, I mostly look at those investing in U.S.

Still, given how inflated valuations have become in popular U.S. dividend-paying companies and how consistently international stocks have been beaten down throughout the last decade, I wondered if there might be an advantage to investing in possibly better-valued international stocks. Given that when I explored the Vanguard High Dividend Yield ETF ( VYM) in an earlier article I found that it was really a Total Stock Market ETF for investors only wanted dividend paying companies, I thought it might be worth to look at its international counterpart, the Vanguard International High Dividend Yield ETF ( NASDAQ: VYMI). VYMI is a very young ETF, having begun only on March 2, 2016. It is also, by Vanguard standards, a very small ETF with a total value of only $1.6 billion.

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