Vanguard Total International Stock
ALTAR
Score™
7.2% info Recommen-
dation
NEUTRAL
2019E    2020E
P/E
ratio
15.7x P/Sales
ratio
1.1x
P/BV
ratio
1.6x Div.
yield
3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Total International Stock Index Fund ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the MSCI All Country World ex USA IMI Index.

FUND BASICS
Category International Equities
Fund Sponsor Vanguard Group
Website www.vanguard.com
Inception date Jan 28, 2011
Assets (mns) $19,317
Currency USD
Expense ratio 9 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 7383
Wgt avg mkt cap (mns) $67,375
Large cap (>$10bn) 72.6%
Mid cap ($2-10bn) 21.2%
Small cap (<$2bn) 5.8%
Developed mkts 75.0%
Emerging mkts 24.5%

TOP TEN HOLDINGS
ALIBABA GROUP HOLDING LTD. SPONSOR 1.3 %
NESTLE SA-REG 1.2 %
TENCENT HOLDINGS LTD 1.1 %
TAIWAN SEMICONDUCTOR MANUFAC 1.1 %
SAMSUNG ELECTRONICS CO LTD 0.9 %
ROCHE HOLDING AG-GENUSSCHEIN 0.9 %
NOVARTIS AG-REG 0.8 %
TOYOTA MOTOR CORP 0.7 %
HSBC HOLDINGS PLC 0.6 %
AIA GROUP LTD 0.5 %
Total 9.0 %

TOP COUNTRY EXPOSURE
JAPAN 16.3 %
BRITAIN 10.4 %
CHINA 7.1 %
CANADA 6.6 %
FRANCE 6.0 %
SWITZERLAND 5.9 %
GERMANY 5.4 %
AUSTRALIA 4.5 %
TAIWAN 3.4 %
HONG KONG 3.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
21.7% 21.7% 5.9% -- 4.3%

Market Correlations
versus... Beta R-squared
S&P500 0.80 69%
MSCI EAFE 1.04 95%
MSCI Emg. Mkts. 0.76 88%

Technical Indicators
Recent close $56.46
30d moving avg. $55.51
Annualized volatility 11.7%
Short interest (ETF) 0.7%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 1,581
Turnover 0.5%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $114,522

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 19 potential alternatives to the Vanguard Total International Stock ETF based on the alternatives' overlap in portfolio holdings with VXUS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VXUS Expense: 9 bp ALTAR Score™: 7.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VXUS
Ticker Fund
Name
Overlap1
vs VXUS
(%)
Expense
ratio
(bp)
Savings
vs VXUS
(bp)
ALTAR
Score™
(%)
ALTAR
vs VXUS
(%)
IXUS iShares Core International Stock 89.5 9 0 7.1 -0.1
VEU Vanguard FTSE All-World ex-US 85.8 9 0 7.2 +0.0
DBAW Xtrackers MSCI All World ex-US Hedged 81.9 40 -31 6.9 -0.4
ACWX iShares MSCI ACWI ex-US 78.8 31 -22 7.0 -0.2
VEA Vanguard Europe Pacific 74.2 5 4 7.0 -0.2
SCHF Schwab International Equity 67.6 6 3 7.0 -0.2
IDEV iShares Core MSCI Int'l Developed Markets 67.2 5 4 6.9 -0.4
SPDW SPDR Portfolio World ex-US 66.3 4 5 6.9 -0.4
VSGX Vanguard ESG International Stock 65.5 15 -6 7.0 -0.3
IEFA iShares Core MSCI EAFE 62.9 7 2 6.8 -0.4
PBDM Invesco PureBeta FTSE Developed ex-North America 62.2 7 2 7.3 +0.0
CWI SPDR MSCI ACWI ex-US 61.9 30 -21 7.0 -0.2
TLTD FlexShares Mngstr Developed Mkts ex-US Factor Tilt 58.4 39 -30 8.1 +0.9
HFXI IQ 50 Percent Hedged FTSE Int'l 56.4 20 -11 7.0 -0.2
PXF Invesco FTSE-RAFI Developed ex-US 55.9 45 -36 7.9 +0.7
EFA iShares MSCI EAFE 55.8 31 -22 6.7 -0.5
DBEF Xtrackers MSCI EAFE Hedged 55.6 35 -26 6.6 -0.6
FNDF Schwab Fundamental Intl Large Cap 54.0 25 -16 7.4 +0.2
GSIE Goldman Sachs ActiveBeta Int'l Equity 51.7 25 -16 6.3 -0.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2014 2015 2016 2017 2018 2019E 2020E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Vanguard Total International Stock
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.8 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 9 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.57 CATEGORY
AVERAGE
1.63
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.