VEU News and Press, Vanguard FTSE All World Ex US From 02/25/23

Summary In February 2022, I wrote a review of VYMI. Based on a reader's request, I then reviewed SCHY, a fairly recent newcomer in the same category. At the time, SCHY didn't have much of a track record. But it shared selection criteria with SCHD, a stellar U.S. dividend-focused ETF. ...

Summary In 2023, most of the market's interesting opportunities are in dividend-paying sectors. Tightening has a negative effect on the value of high growth opportunities. In the meantime, the Fed is likely to do one or two more small rate hikes. All of these factors favor value...

Recent headlines have spurred some readers to write in about China—specifically what rising tensions between Beijing and Washington (no thanks to the former’s ham-fisted spy-balloon fiasco) might mean for their portfolios. First up, we always need to bear in mind that stocks...

Summary International developed markets did a quick 180 off their October lows as the USD pulled back. Even with U.S. mega-caps outperforming in 2022, EFA is still performing relatively decently. I identify important prices on the chart as well as take an updated look at global valu...

Summary In 2017, about 29% of S&P 500 revenues came from overseas. This fraction increased to about 40% by the end of 2022. Some investors argue that this global exposure is a substitute for true international diversification, i.e., that it is not required to invest in non-US stocks...

Summary Mega-cap growth stocks led the market higher in January as rates fell and what failed in 2022 snapped back. SPY appears poised for more 2023 gains, but the bulls have work to do with the biggest of big names. With a Fed meeting and key earnings on tap, expect volatility. ...

Summary The Vanguard Total World Stock ETF is one of the leading ETFs to invest truly passively in global stock markets. Passive investing means holding the market portfolio. Applied to equities, this is the market-cap weighted portfolio of all available stocks in the world. By definiti...

Summary The S&P 500 Index is probably the most important equity index in the world. For many investors, an ETF that tracks the S&P 500 became synonymous with passive investing. In this article, I will compare the three largest ETFs on the index (SPY, IVV, and VOO) and challe...

Summary 2022 was the first year since 2016 that value investing thoroughly trounced growth investing. Growth had a nice spurt off the lows in June and October ’22 but the higher 10-year Treasury yield is acting like a wet blanket for growth stocks. I continue to think that no...

Summary US stocks, large and small, led markets to the downside to cap off 2022. An early-month rally in bonds swiftly faded as rates rose into year-end. All eyes will be on the upcoming corporate earnings season, while foreign equities sport compelling valuations. It wa...