ETF Overview
Vanguard FTSE Developed Markets ETF (VEA) focuses on large-cap stocks in developed markets (excluding U.S. stocks). The fund basically tracks the performance of the FTSE Developed All Cap ex-U.S. Index. These are mostly large cap or giant cap stocks that have been through numerous economic cycles. However, nearly 58% of stocks in VEA’s portfolio belong to cyclical sectors. Stocks in VEA’s portfolio have much lower growth profile than the S&P 500 Index. In addition, the global economy appears to be heading for a slowdown. Therefore, we think investors may want to