With weights ranging from 0.10% to 17.90%, 45 countries are represented in the VXUS lineup. Japan, the U.K. and China combine for 36.60% of the fund’s geographic exposure.
“The wide geographic reach of this portfolio provides access to a diverse range of countries and currencies,” according to Morningstar. “The fund has less exposure to European stocks than the category average and makes up for this difference with a greater allocation to those from emerging markets.”
With a price-to-earnings ratio of 12.70x, the Vanguard fund reflects the discounts available in equity markets outside the U.S.
Morningstar has a Gold rating on VXUS.
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