VEA will also Canadian stocks for the first time. The ETF currently allocates 22.5% to Japan and 19.3% to the U.K. VEA will have an 8.2% weight to Canada. [Diversify With International ETFs]
The expense ratios on the aforementioned Vanguard ETFs, which range from 0.06% to 0.33%, will not change as a result of the funds’ index swaps.
“The transitions will require turnover of holdings, resulting in short-term transaction costs. Vanguard Equity Investment Group, advisor to the funds, will seek to minimize any impact through the use of efficient portfolio trading and other expert strategies developed over many years and used during the periodic rebalancing of indexes,” said Vanguard in the statement.
Table Courtesy: Vanguard
ETF Trends editorial team contributed to this post.