- VEA is a popular ETF for investors looking to gain exposure to international markets.
- Despite its popularity, VEA has been stuck at the $42 resistance level for years and offers little diversification due to the highly interlocked developed global economy.
- It benefits from a slightly lower valuation and negative U.S dollar exposure, but the precarious economic environment does not favor high-valuation equities.
- Investors may be better off looking toward emerging markets that have lower valuations, offer more diversification, and have been less fundamentally impacted by COVID-19.
For further details see:
Vanguard FTSE Developed Markets ETF: If You're Looking Abroad, Look Elsewhere