Overview
Description
The Vanguard FTSE Developed Markets ETF is an exchange-traded fund designed to track the performance of the FTSE Developed All Cap ex US Index, which includes large, mid, and small-cap stocks from developed markets outside of the United States. Its primary function is to offer diversified exposure to a wide range of industries across developed economies, including countries in Europe, the Pacific region, and Canada. This ETF provides investors with access to a broad spectrum of equities, from consumer goods and financial services to technology and healthcare sectors.
The Vanguard FTSE Developed Markets ETF plays a significant role in the market as it allows investors to gain international exposure efficiently with relatively low cost, thanks to its competitive expense ratio. By facilitating access to developed international markets, it aids in geographic diversification strategies for portfolio managers and individual investors alike. Its significance is underscored by its application in diversifying investment portfolios, managing risk through geographic allocation, and capitalizing on growth opportunities in established global markets, excluding the U.S.
About
CEO
Mr. Mark Elliot Zuckerberg
Employees
74067
Address
1 Meta Way
Menlo Park, 94025, CA
United States
Menlo Park, 94025, CA
United States
Phone
650 543 4800
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Asset Management
Country
Argentina
MIC code
XBUE