It’s harder for U.S. ETF investors to play the recent surge in international stocks than you might think.

Reversing years of mediocre returns, stock markets outside the U.S. gained 16.7% in the 12 months that ended on Feb. 28, based on the S&P Global Broad Market Index. But if you are looking for an international ETF with a dividend focus and an expense ratio under 0.35%, there are only four. Two were launched last year, and the other two are just about a year old.

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