VSS News and Press, Vanguard FTSE All-Wld ex-US SmCp Idx From 12/28/22

Summary Vanguard FTSE All-World ex-US Small-Cap ETF invests in growth and value stocks of small-cap companies in equity markets outside the US, and generates low but decent yield. VSS generates a decent overall return over the longer term, and the fund’s returns are also in sync ...

Summary Inflation continues to moderate, not only here, but also in Europe. Despite the negative economic reports and the reaction to the Fed rate hike, the US Dollar barely budged for the week. Value yet again outperformed Growth in the last week, this time by a spread of almost 1%...

Summary While it’s been a tough year, the Federal Reserve has done investors an enormous favor in terms of the attractiveness of a wide swath of fixed-income asset classes that today look a lot more attractive than a year ago. Jay Powell and the FOMC did raise the Fed funds rate ...

Summary Global GDP growth is still expected to be positive in 2022 (excluding Russia) but is expected to fall fairly dramatically in 2023. The U.S. Q3 2022 earnings season has just begun, and the outlook is for lower but still positive revenue and earnings growth. Inflation wi...

Summary VSS has cyclical exposures, but the very low P/E seems to take this into account. There isn't much of an undeveloped market risk at least, and some key sectoral exposures are solid, but overall there are questions about forward earnings. It's probably a pass. ...

Summary In a time of uncertainty, we believe that quality is the key to investing in equities. But to consistently find companies that meet high-quality standards requires research, judgment and investing skill. In this paper, we identify the characteristics that can help guid...

Summary ESG ratings are lacking for small-cap stocks globally. Complying with relevant ESG regulation is nearly impossible for small-cap managers to do using third-party ESG ratings alone. Sustainable global small-cap strategies are very rare, in sharp contrast to the populari...

The global economy and financial markets have suffered a dreadful H1 2022, ravaged by a severe commodity shock, strict COVID-19 lockdowns in the world’s second-largest economy, and one of the most aggressive Fed tightening cycles in recent history. H2 looks equally tough. In it...

AVDV is a small-cap ex-US value fund, and it is also a dividend ETF. Japan is the heaviest country in the portfolio. China and Russia are not part of it. The top 3 sectors are industrials, materials, and financials. The fund’s history is short but promising relative to ...

Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) - $0.3749. 30-Day SEC Yield of 0.00% as of June. 16. Payable Jun 24; for shareholders of record Jun 22; ex-div Jun 21. For further details see: Vanguard FTSE All-World ex-US Small-Cap ETF declares quarterly distribution of $0.3749