Difference between revisions of "Compare Vanguard international funds"

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m (updated table values)
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!! align="center" style="background:#f0f0f0;" | Vanguard Total International Stock Index Fund  
 
!! align="center" style="background:#f0f0f0;" | Vanguard Total International Stock Index Fund  
 
!! align="center" style="background:#f0f0f0;" | Vanguard Developed Markets Index Fund  
 
!! align="center" style="background:#f0f0f0;" | Vanguard Developed Markets Index Fund  
 +
|-ym
 +
| style="background:#f0f0f0;" |'''Symbol''' || VFWIX || VGTSX || VTMGX
 
|-
 
|-
| style="background:#f0f0f0;" |'''Symbol''' || VFWIX || VGTSX || VDVIX
+
| style="background:#f0f0f0;" |'''ETF ticker''' || VEU || VXUS || VEA
 
|-
 
|-
| style="background:#f0f0f0;" |'''ETF ticker''' || VEU || VXUS || VEA
+
| style="background:#f0f0f0;" |'''Europe'''<ref name="first"> All Holdings as of 9/30/2018.</ref>|| 43.1% || 42.5% || 53.0%
 
|-
 
|-
| style="background:#f0f0f0;" |'''Europe'''<ref name="first"> All Holdings as of 2/28/2011</ref>|| 44.6% || 44.0% || 64.4%
+
| style="background:#f0f0f0;" |'''Pacific'''<ref name="first"/> || 30.0% || 29.9% || 37.6%
 
|-
 
|-
| style="background:#f0f0f0;" |'''Pacific'''<ref name="first"/> || 23.3% || 24.6% || 34.9%
+
| style="background:#f0f0f0;" |'''Emerging Mkts'''<ref name="first"/> || 20.8% || 20.3% || 0.4%
 
|-
 
|-
| style="background:#f0f0f0;" |'''Emerging Mkts'''<ref name="first"/> || 24.9% || 22.7% || 0.7%
+
| style="background:#f0f0f0;" |'''North America'''<ref name="first"/>|| 5.9% (includes Canada) || 6.6% (includes Canada)|| 8.3% (includes Canada)
 
|-
 
|-
| style="background:#f0f0f0;" |'''North America'''<ref name="first"/>|| 7.2% (includes Canada) || 8.7% (includes Canada)|| 7.4% (includes Canada)
+
| style="background:#f0f0f0;" |'''Middle East'''<ref name="first"/>|| 0.4% || 0.4%)|| 0.5%
 
|-
 
|-
 
| style="background:#f0f0f0;" |'''Small Cap'''<ref name="first"/>|| no || yes || yes
 
| style="background:#f0f0f0;" |'''Small Cap'''<ref name="first"/>|| no || yes || yes
 
|-
 
|-
| style="background:#f0f0f0;" |'''Inception Date''' || 3/8/2007 || 4/29/1996 || 8/5/2000
+
| style="background:#f0f0f0;" |'''Inception Date''' || 3/8/2007 || 4/29/1996 || 8/17/1999
 
|-
 
|-
 
| style="background:#f0f0f0;" |'''Initial Amount''' || $3,000 || $3,000 || $3,000
 
| style="background:#f0f0f0;" |'''Initial Amount''' || $3,000 || $3,000 || $3,000
 
|-
 
|-
  
| style="background:#f0f0f0;" |'''[[Expense Ratios |Expense Ratio]]''' || 0.35% || 0.22%|| 0.22%
+
| style="background:#f0f0f0;" |'''[[Expense Ratios |Expense Ratio]]''' || 0.23% || 0.17%|| 0.17%
 
|-
 
|-
| style="background:#f0f0f0;" |'''ETF [[Expense Ratios |Expense Ratio]]''' || 0.15% || 0.14%|| 0.09%
+
| style="background:#f0f0f0;" |'''ETF [[Expense Ratios |Expense Ratio]]''' || 0.11% || 0.07%|| 0.07%
 
|-
 
|-
| style="background:#f0f0f0;" |'''2009 [[qualified dividend|Qualified Dividends]]''' || 76.55% || 69.75% || 69.51%
+
| style="background:#f0f0f0;" |'''2017 [[qualified dividend|Qualified Dividends]]''' || 72.24% || 66.60% || 71.28%
 
|-
 
|-
 
| style="background:#f0f0f0;" |'''[[Purchase fee]]''' || 0.00% || 0.00% || 0.00%
 
| style="background:#f0f0f0;" |'''[[Purchase fee]]''' || 0.00% || 0.00% || 0.00%
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| Investor
 
| Investor
 
| {{0|0,000,00}}$3,000.00
 
| {{0|0,000,00}}$3,000.00
| 0.22%
+
| 0.17%
 
|- align="center"
 
|- align="center"
 
| Admiral
 
| Admiral
 
| {{0|0,000,00}}$10,000.00
 
| {{0|0,000,00}}$10,000.00
| 0.14%
+
| 0.11%
 
|- align="center"
 
|- align="center"
 
| ETF
 
| ETF
 
||See [https://personal.vanguard.com/us/funds/snapshot?FundId=3369&FundIntExt=INT website]
 
||See [https://personal.vanguard.com/us/funds/snapshot?FundId=3369&FundIntExt=INT website]
| 0.14%
+
| 0.11%
|-align="center"
 
| Signal
 
||N/A{{0|0}}
 
| 0.14%
 
 
|-align="center"
 
|-align="center"
 
| Institutional
 
| Institutional
 
||{{0|0,000,0}}$5,000,000.00
 
||{{0|0,000,0}}$5,000,000.00
| 0.12%
+
| 0.09%
 
|- align="center"
 
|- align="center"
 
| Institutional Plus
 
| Institutional Plus
 
||{{0|0,000,0}}$100,000,000.00
 
||{{0|0,000,0}}$100,000,000.00
| 0.10%
+
| 0.07%
 +
|-
 +
|- align="center"
 +
| Institutional Select
 +
||{{0|0,000,0}}$3,000,000,000.00
 +
| 0.045%
 
|-
 
|-
 
|}
 
|}

Revision as of 12:30, 26 October 2018

These are Vanguard's three broad international index funds. Any of the three is a good core international holding, and all are eligible for the foreign tax credit, should have very low capital gains, and are thus suitable for taxable accounts. You might also add Vanguard Emerging Markets Index Fund if you hold Developed Markets Index (or a non-Vanguard international fund) which has no emerging markets.

Table

Vanguard FTSE All-World ex-US Index Fund Vanguard Total International Stock Index Fund Vanguard Developed Markets Index Fund
Symbol VFWIX VGTSX VTMGX
ETF ticker VEU VXUS VEA
Europe[1] 43.1% 42.5% 53.0%
Pacific[1] 30.0% 29.9% 37.6%
Emerging Mkts[1] 20.8% 20.3% 0.4%
North America[1] 5.9% (includes Canada) 6.6% (includes Canada) 8.3% (includes Canada)
Middle East[1] 0.4% 0.4%) 0.5%
Small Cap[1] no yes yes
Inception Date 3/8/2007 4/29/1996 8/17/1999
Initial Amount $3,000 $3,000 $3,000
Expense Ratio 0.23% 0.17% 0.17%
ETF Expense Ratio 0.11% 0.07% 0.07%
2017 Qualified Dividends 72.24% 66.60% 71.28%
Purchase fee 0.00% 0.00% 0.00%
Redemption fee 0.00% 0.00% 0.00%

Picture

Comparison of the different Vanguard International Funds
VanguardIntlFunds.jpg
Source: Differences among Vanguard International funds?, forum discussion, Dec 25, 2014.
No guarantees to accuracy.

Changes

Small Cap Additions to Funds

According to Vanguard, "When U.S. markets open on December 21, 2015, all share classes of Vanguard Developed Markets Index Fund, including its ETF (VEA), will begin tracking a new FTSE transition index. By tracking this new index, the fund will gradually build exposure to small-capitalization and Canadian equities. Two of the funds, Vanguard European Stock Index Fund and Vanguard Pacific Stock Index Fund, began tracking all-cap equity indexes on October 1. Vanguard Emerging Markets Stock Index Fund, moved to a transition index that includes exposure to small-cap equities and China A-Shares on November 2."[2]

On June 02, 2015, Vanguard that four international equity index funds and ETFs will broaden their diversification by adding small-capitalization stocks to their investment portfolios. The funds are the Vanguard Emerging Markets Stock Index Fund (VWO and VEMAX), Vanguard Developed Markets Index Fund (VEA and VTMGX), Vanguard European Stock Index Fund (VGK and VEUSX), and Vanguard Pacific Stock Index Fund (VPL and VPADX). According to Vanguard: "The affected funds and ETFs are expected to begin the transition to more broadly diversified FTSE all-capitalization benchmarks in the third or fourth quarter of 2015. Under the new benchmarks, small-cap stocks will account for approximately 9% to 11% of each fund. Adding small-cap exposure will bring the funds closer to global market-cap weightings and offer diversification benefits to investors."[3]

2010

On September 24th, 2010, Vanguard announced a change in the index tracked by the Total International fund to the MSCI All Country World ex USA Investable Market Index, and introduced five additional share classes with lower expense ratios for larger holdings. The index change and introduction of admiral shares was completed in December 2010.[4]

Vanguard Total International Share Classes[5]
Share Class Minimum Balance Expense Ratio
Investor 0,000,00$3,000.00 0.17%
Admiral 0,000,00$10,000.00 0.11%
ETF See website 0.11%
Institutional 0,000,0$5,000,000.00 0.09%
Institutional Plus 0,000,0$100,000,000.00 0.07%
Institutional Select 0,000,0$3,000,000,000.00 0.045%

The change in index means that Total International has regional coverage similar to FTSE All-World Ex-US, but with an added mixture of small-capitalization stocks not present in FTSE All-World Ex-US.

See also

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 All Holdings as of 9/30/2018.
  2. "Developed Markets Index Fund moves to transition index". Vanguard. 21 December 2015. Retrieved 2 January 2016.
  3. "Vanguard announces 4 international index funds to broaden diversification". Vanguard. June 2015. Retrieved 2 January 2016.
  4. New ETF share class planned for Vanguard Total International Stock Index Fund, September 24, 2010.
  5. Total International Stock ETF (VXUS), Vanguard Institutional Investors. Admiral shares are available to personal investors: Total International Stock Admiral (VTIAX). Viewed August 11, 2012.

Template:International stocks