Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares (VSS)

Overview

The Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks of companies located in developed and emerging markets, excluding the United States. It offers broad diversification across international markets and focuses on the small-cap segment. Asset allocation is predominantly equities. The fund employs a passively managed, full-replication investment strategy.

Reputation and Reliability

Vanguard is a highly reputable and reliable issuer, known for its low-cost index funds and strong track record of providing value to investors.

Management Expertise

Vanguard has extensive experience in managing index funds, with a seasoned team of investment professionals overseeing the ETF.

Goal

To track the performance of the FTSE All-World ex US Small Cap Index.

Investment Approach and Strategy

Strategy: Tracks a specific index: the FTSE All-World ex US Small Cap Index.

Composition The ETF holds a basket of small-cap stocks located in developed and emerging markets, excluding the United States.

Market Share: VSS holds a significant market share within the international small-cap ETF category, but the exact share fluctuates based on market conditions and investor flows.

Total Net Assets (AUM): 54000000000

Key Competitors

• iShares MSCI EAFE Small-Cap ETF (SCZ)
• Schwab International Small-Cap Equity ETF (SCHC)
• SPDR Portfolio Developed World ex-US Small Cap ETF (SPSM)

Competitive Landscape

The international small-cap ETF market is moderately competitive. VSS benefits from Vanguard's strong brand and low expense ratio. SCZ is a major competitor with a similar investment focus, while SCHC offers a lower-cost alternative. SPSM, while holding a smaller market share, provides further competition in the space.

Historical Performance: Historical performance data is not included due to dynamic nature; refer to official fund factsheet.

Benchmark Comparison: Performance is measured against the FTSE All-World ex US Small Cap Index.

Expense Ratio: 0.07

Average Trading Volume

The average trading volume is generally high, indicating good liquidity.

Bid-Ask Spread

The bid-ask spread is typically narrow, reflecting efficient trading.

Market Environment Factors

Economic growth in developed and emerging markets, currency fluctuations, and global trade policies affect VSS.

Growth Trajectory

Growth depends on international small-cap equity market performance and investor appetite for international diversification.

Competitive Edge

VSS benefits from Vanguard's low expense ratio, which attracts cost-conscious investors. Its broad diversification across international small-cap stocks reduces company-specific risk. The fund's passively managed approach ensures consistent tracking of the index. Vanguard's established reputation further enhances investor confidence. These factors collectively provide a competitive edge.

Volatility

VSS is subject to market volatility, particularly related to international small-cap stocks and currency fluctuations.

Market Risk

Specific risks include economic and political instability in international markets, as well as the potential for currency risk and regulatory changes.

Ideal Investor Profile

The ideal investor is someone seeking diversification into international small-cap equities, with a moderate to high risk tolerance and a long-term investment horizon.

Market Risk

VSS is most suitable for long-term investors seeking exposure to international small-cap stocks as part of a diversified portfolio.

The Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) offers exposure to small-cap stocks in developed and emerging markets, excluding the U.S. It benefits from Vanguard's low expense ratio and broad diversification. The fund is suitable for long-term investors seeking international diversification with a moderate to high risk tolerance. However, investors should be aware of the risks associated with international investing, including currency fluctuations and political instability. VSS tracks the FTSE All-World ex US Small Cap Index.

Data Sources:

• Vanguard.com
• Morningstar.com
• ETF.com

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.