Vanguard FTSE All-World ex-US Index Fund

Vanguard FTSE All-World ex-US Index Fund is a passively managed mutual fund designed to track the performance of the FTSE All-World ex US Index. This benchmark measures the investment return of stocks issued by companies located in both developed and emerging markets outside the United States. The fund employs a full-replication strategy, remaining fully invested and seeking broad, market-cap-weighted exposure to thousands of international equities. Its portfolio covers a diverse range of sectors and geographies, including significant allocations to large and mid-cap stocks in Europe, Asia, and emerging markets, with individual companies rarely exceeding 2% of the portfolio. By excluding U.S. stocks, the fund provides investors with a comprehensive option to diversify their holdings internationally and capture global growth trends in both established and developing economies. It is popular for its low expense ratio, high diversification, and the ability to function as a core holding for those seeking comprehensive international equity exposure.