Vanguard FTSE Developed Markets ETF (NYSEArca: VEA)
Expense Ratio: 0.09%
Comment: VEA tracks a broad 1,390 company stocks from developed economies outside of North America, including European markets and Asian equities. The ETF may provide a cheap portfolio diversifier for investors who are heavy on U.S. equities and access oversea growth opportunities. However, the fund does not hedge currency risk, so a stronger dollar or weaker foreign currencies could slightly diminish returns.