Vanguard Takes on Developed Markets

  • by:
  • 08/21/2022

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.

Image:
ADVERTISEMENT

Opinion

View All

British schoolchildren more violent due to lockdown–causes developmental delays: BBC study

Nearly one in five teachers at schools across England reported being hit by a student in the past yea...

London features 'Happy Ramadan' lights throughout city over Easter weekend

The lights have drawn criticism from prominent conservatives who insisted that the council ought to s...

Polish foreign minister claims US was aware of Nord Stream pipeline attack but 'did not prevent it'

Radoslaw Sikorski suggested it was done by "someone who had a vested interest in it."...

Russia claims it has proof Ukraine is linked to Moscow terror attack

White House national security spokesperson John Kirby called the allegations "nonsense and propaganda...