ARCHIVE

Vanguard Takes on Developed Markets


This write-up is the next installment in our series about low-expense-ratio exchange-traded fund (ETF) provider Vanguard and features the Vanguard FTSE Developed Markets Fund (VEA). VEA is Vanguard???s third-largest ETF by assets under management at $44.46 billion, and its 0.09% expense ratio is less than a quarter of the average ratio for similarly allocated funds.

This ETF seeks to match the performance of an index that measures the investment return of stocks in the major markets of Europe and the Pacific region. VEA holds each stock in approximately the same proportion as its weighting in the index.

VEA has fallen 8.11% this year, though it was slightly ahead before a precipitous tumble in the developed markets during the last month and a half. The recent lows potentially could provide an enticing entry point for prospective investors. This fund also offers a dividend yield of 3.44%.

Read more about this Vanguard developed market exchange-traded fund at Eagle Daily Investor.