Overview
Description
The Vanguard FTSE Developed Markets ETF is an exchange-traded fund designed to provide broad exposure to international equity markets. Its primary function is to capture the performance of large- and mid-cap companies across developed market countries, excluding the United States. This asset holds substantial appeal for investors seeking geographical diversification within their portfolios, offering a way to balance exposure to U.S. equities. The ETF is characterized by its comprehensive coverage, encompassing sectors such as technology, industrials, financials, healthcare, and consumer goods, among others. By tracking the FTSE Developed All Cap ex US Index, this ETF plays a crucial role in accessing mature markets in regions such as Europe, the Far East, and Australasia. It is part of Vanguard's suite of investment products known for low expense ratios, making it an efficient tool for cost-conscious investors. Within the financial markets, it serves as a fundamental component for those aiming to build a diversified, global equity portfolio and benefit from potential growth opportunities found in international markets.
About
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Instrument type
ETF
Country
United States
MIC code
ARCX