A side-by-side comparison of Invesco International BuyBack Achievers ETF (IPKW) and Vanguard International High Dividend Yield Index Fund ETF Shares (VYMI) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | IPKW | VYMI |
|---|---|---|
| YTD Return | +2.40%✓ | +0.58% |
| 1-Day Change | -1.37% | -1.30%✓ |
| 1-Week Change | -1.94%✓ | -2.31% |
| 1-Month Change | -3.35% | -5.12%✓ |
| Current Price | $58.50 | $99.82 |
| AUM | $551M | $21.71B✓ |
| MER (Expense Ratio) | 0.55% | 0.07%✓ |
| Dividend Yield | 3.37% | 3.43%✓ |
| Distribution Frequency | NA | NA |
| Inception Date | 2014-02-27 | 2016-02-25 |
| Holdings Count | 50 | 1512 |
| MorningStar Rating | ★★★★ | ★★★★ |
| Category | Foreign Large Value | Foreign Large Value |
| Beta | 0.68 | 0.71 |
| 52-Week High | $61.91 | $106.45 |
| 52-Week Low | $49.17 | $79.72 |
| 50-Day MA | $60.70 | $104.16 |
| 200-Day MA | $58.30 | $98.55 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | IPKW | VYMI |
|---|---|---|
| YTD | +2.40%✓ | +0.58% |
| 1 Year | +18.73% | +28.37%✓ |
| 3 Year | +23.82%✓ | +23.30% |
| 5 Year | +11.47% | +14.13%✓ |
| 10 Year | +11.32%✓ | +10.72% |
| 1Y Volatility | 12.53% | 12.18% |
| Sharpe Ratio (3Y) | 1.42 | 1.62 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | SHEL | Shell plc | 5.75% |
| 2 | INGA | ING Groep NV | 5.34% |
| 3 | 8058 | Mitsubishi Corp. | 5.33% |
| 4 | STAN | Standard Chartered PLC | 5.17% |
| 5 | 3690 | Meituan | 4.80% |
| 6 | NOVN | Novartis AG | 4.35% |
| 7 | GLE | Societe Generale S.A. | 4.30% |
| 8 | 4063 | Shin-Etsu Chemical Co. Ltd. | 3.79% |
| 9 | EQNR | Equinor ASA | 3.11% |
| 10 | VOD | Vodafone Group PLC | 2.93% |
| 1 | HSBA | HSBC Holdings PLC | 1.89% |
| 2 | ROP | Roche Holding AG | 1.59% |
| 3 | RY | Royal Bank of Canada | 1.51% |
| 4 | NOVN | Novartis AG | 1.51% |
| 5 | NESN | Nestle S.A. | 1.33% |
| 6 | SHEL | Shell plc | 1.33% |
| 7 | 8306 | Mitsubishi UFJ Financial Group Inc | 1.26% |
| 8 | BHP | BHP Group Ltd | 1.11% |
| 9 | CBA | Commonwealth Bank of Australia | 1.08% |
| 10 | SAN | Banco Santander S.A. | 1.06% |
Sector Weights
| Sector | IPKW | VYMI |
|---|---|---|
| Basic Materials | 8.04% | 6.75% |
| Communication Services | 5.09% | 3.71% |
| Consumer Cyclicals | 13.31% | 6.21% |
| Consumer Defensive | 4.80% | 6.52% |
| Energy | 11.24% | 8.80% |
| Financial Services | 26.79% | 44.05% |
| Healthcare | 4.88% | 6.43% |
| Industrials | 18.41% | 6.36% |
| Real Estate | 0.29% | 1.08% |
| Technology | 4.93% | 5.05% |
| Utilities | 2.22% | 5.04% |
About IPKW
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. (Nasdaq or the index provider) compiles, maintains, and calculates the underlying index, which is comprised of the securities of foreign companies that are classified as International BuyBack AchieversTM pursuant to the index provider's proprietary selection methodology. It is non-diversified.
About VYMI
Under normal circumstances,the fund invests at least 80% of its net assets,plus the amount of any borrowings for investment purposes,in the stocks that make up the target index.
Which ETF is Right for You?
Both IPKW and VYMI are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, VYMI scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between IPKW and VYMI?
IPKW (Invesco International BuyBack Achievers ETF) and VYMI (Vanguard International High Dividend Yield Index Fund ETF Shares) are both Canadian-listed ETFs. Key differences include their AUM ($551M vs $21.71B), dividend yield (3.37% vs 3.43%), and year-to-date performance (+2.40% vs +0.58%).
Is IPKW better than VYMI?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, IPKW has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy IPKW and VYMI on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both IPKW and VYMI should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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