Vanguard Total International Stock ETF
ALTAR
Score™		 6.6% info Recommen-
dation		 NEUTRAL
2021E    2022E
P/E
ratio		 16.0x P/Sales
ratio		 1.3x
P/BV
ratio		 1.5x Div.
yield		 2.9%


  • 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 26, 2011
Assets (mns) $40,931
Currency USD
Expense ratio 8 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 6855
Wgt avg mkt cap (mns) $75,033
Large cap (>$10bn) 73.5%
Mid cap ($2-10bn) 19.0%
Small cap (<$2bn) 5.1%
Developed mkts 71.3%
Emerging mkts 27.8%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 1.4 %
TENCENT HOLDINGS LTD 1.4 %
ALIBABA GROUP HOLDING LTD. SPONSOR 1.2 %
SAMSUNG ELECTRONICS CO LTD 0.9 %
NESTLE SA-REG 0.8 %
ASML HOLDING NV 0.6 %
ROCHE HOLDING AG-GENUSSCHEIN 0.6 %
MEITUAN DIANPING 0.5 %
NOVARTIS AG-REG 0.5 %
TOYOTA MOTOR CORP 0.5 %
Total 8.4 %

TOP COUNTRY EXPOSURE
JAPAN 12.5 %
CHINA 8.2 %
BRITAIN 6.5 %
CANADA 4.9 %
SWITZERLAND 4.3 %
GERMANY 4.2 %
FRANCE 3.8 %
TAIWAN 3.6 %
AUSTRALIA 3.6 %
SOUTH KOREA 3.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
2.6% 25.8% 11.3% 4.9% 5.1%

Market Correlations
versus... Beta R-squared
S&P500 0.89 82%
MSCI EAFE 0.96 95%
MSCI Emg. Mkts. 0.82 86%

Technical Indicators
Recent close $61.70
30d moving avg. $62.95
Annualized volatility 18.1%
Short interest (ETF) 0.4%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 3,688
Turnover 0.6%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $226,119

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 potential alternatives to the Vanguard Total International Stock ETF 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: 8 bp ALTAR Score™: 6.6%


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 MSCI Total International Stock ETF 71.9 9 -1 6.4 -0.2
VEU Vanguard FTSE All-World ex-US Index Fund 67.6 8 0 6.6 +0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 63.8 40 -32 6.0 -0.5
ACWX iShares MSCI ACWI ex U.S. ETF 63.1 32 -24 6.3 -0.3
VSGX Vanguard ESG International Stock ETF 56.0 17 -9 6.3 -0.3
VEA Vanguard FTSE Developed Markets ETF 55.1 5 3 6.5 -0.1
CWI SPDR MSCI ACWI ex-US ETF 50.7 30 -22 6.2 -0.4
SCHF Schwab International Equity ETF 50.0 6 2 6.5 -0.1
SPDW SPDR Portfolio Developed World ex-US ETF 49.7 4 4 6.1 -0.5
IDEV iShares Core MSCI International Developed Markets ETF 49.3 5 3 6.3 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 48.6 39 -31 6.7 +0.1
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 46.1 7 1 6.5 -0.1
DFAI Dimensional International Core Equity Market ETF 46.0 18 -10 6.2 -0.3
IEFA iShares Core MSCI EAFE ETF 46.0 7 1 6.4 -0.2
HFXI IQ 50 Percent Hedged FTSE International ETF 42.1 20 -12 6.4 -0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 41.8 45 -37 7.4 +0.8
EFA iShares MSCI EAFE ETF 40.4 32 -24 6.2 -0.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 40.4 35 -27 6.0 -0.5
VT Vanguard Total World Stock ETF 40.3 8 0 5.4 -1.1
GSID Goldman Sachs MarketBeta International Equity ETF 40.3 20 -12 6.2 -0.3
ACWI iShares MSCI ACWI ETF 40.0 32 -24 5.2 -1.4
FNDF Schwab Fundamental International Large Co. Index ETF 39.6 25 -17 7.5 +1.0
BKIE BNY Mellon International Equity ETF 39.4 4 4 6.5 -0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 39.1 25 -17 6.1 -0.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 37.6 20 -12 6.2 -0.4
JHMD John Hancock Multifactor Developed International ETF 37.4 39 -31 6.4 -0.2
AVDE Avantis International Equity ETF 36.8 23 -15 6.7 +0.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 36.8 20 -12 5.4 -1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 35.9 20 -12 5.4 -1.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 34.7 39 -31 5.6 -1.0
QEFA SPDR MSCI EAFE Quality Mix ETF 34.3 30 -22 6.1 -0.5
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 33.2 16 -8 5.9 -0.6
ISZE iShares Edge MSCI Intl Size Factor ETF 33.1 30 -22 6.1 -0.5
ESGD iShares MSCI EAFE ESG Optimized ETF 32.5 20 -12 6.2 -0.4
PDEV Principal International Multi-Factor Core Index ETF 32.4 25 -17 7.0 +0.4
URTH iShares MSCI World ETF 32.0 24 -16 5.1 -1.5
ISDX Invesco RAFI Strategic Developed ex-US ETF 31.0 23 -15 6.2 -0.4
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 30.9 45 -37 6.2 -0.3
CIL VictoryShares International Volatility Weighted Index ETF 30.9 45 -37 6.4 -0.2
IQSI IQ Candriam ESG International Equity ETF 30.3 15 -7 6.2 -0.3
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 28.6 35 -27 6.0 -0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 28.5 40 -32 7.2 +0.6
VGK Vanguard FTSE Europe ETF 28.3 8 0 6.6 +0.0
DWM WisdomTree International Equity Fund 28.0 48 -40 7.1 +0.6
IQIN IQ 500 International ETF 28.0 25 -17 7.3 +0.7
SPEU SPDR Portfolio Europe ETF 27.6 9 -1 6.5 -0.1
IEUR iShares Core MSCI Europe ETF 27.5 9 -1 6.4 -0.2
TOK iShares MSCI Kokusai ETF 27.2 25 -17 4.9 -1.6
ESGG FlexShares STOXX Global ESG Impact Index Fund 26.7 42 -34 4.8 -1.7
VYMI Vanguard International High Dividend Yield ETF 26.7 27 -19 9.0 +2.5
KOKU Xtrackers MSCI Kokusai Equity ETF 26.5 9 -1 5.1 -1.4
QWLD SPDR MSCI World StrategicFactors ETF 26.4 30 -22 5.5 -1.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 26.0 9 -1 5.3 -1.3
FLEE Franklin FTSE Europe ETF 25.8 9 -1 6.4 -0.2
FLEH Franklin FTSE Europe Hedged ETF 25.8 9 -1 6.4 -0.2
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 25.5 24 -16 6.5 -0.0
BBEU JPMorgan BetaBuilders Europe ETF 24.7 9 -1 6.6 +0.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 24.5 45 -37 6.0 -0.6
DOL WisdomTree International LargeCap Dividend Fund 24.1 48 -40 7.1 +0.6
IEV iShares Europe ETF 23.6 59 -51 6.1 -0.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 23.2 25 -17 6.0 -0.6
IEMG iShares Core MSCI Emerging Markets ETF 22.6 11 -3 6.7 +0.2
EFV iShares MSCI EAFE Value ETF 22.3 39 -31 8.1 +1.6
VPL Vanguard FTSE Pacific ETF 21.8 8 0 6.3 -0.2
DMXF iShares ESG Advanced MSCI EAFE ETF 21.7 12 -4 5.9 -0.7
EFG iShares MSCI EAFE Growth ETF 21.4 40 -32 4.0 -2.6
RNDM First Trust Developed International Equity Select ETF 20.8 65 -57 5.6 -0.9
TPIF Timothy Plan International ETF 20.7 62 -54 5.9 -0.6
EEM iShares MSCI Emerging Markets ETF 20.6 70 -62 6.0 -0.5
PQIN PGIM QMA Strategic Alpha International Equity ETF 20.5 29 -21 7.1 +0.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 20.4 59 -51 10.4 +3.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 20.3 65 -57 6.0 -0.5
VWO Vanguard FTSE Emerging Markets ETF 20.3 10 -2 7.1 +0.5
IDLB Invesco FTSE International Low Beta Equal Weight ETF 20.0 45 -37 6.3 -0.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 19.8 14 -6 6.0 -0.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 19.7 36 -28 7.0 +0.5
FLAX Franklin FTSE Asia Ex Japan ETF 19.3 19 -11 6.3 -0.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 18.7 68 -60 5.7 -0.9
DFAE Dimensional Emerging Core Equity Market ETF 18.6 35 -27 7.1 +0.5
SCHE Schwab Emerging Markets Equity ETF 18.2 11 -3 6.8 +0.2
QINT American Century Quality Diversified International ETF 17.7 39 -31 6.2 -0.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 17.7 30 -22 7.7 +1.1
RBIN Nationwide Risk-Based International Equity ETF 17.3 42 -34 5.9 -0.7
SPEM SPDR Portfolio Emerging Markets ETF 17.2 11 -3 6.7 +0.2
JHEM John Hancock Multifactor Emerging Markets ETF 17.2 49 -41 7.2 +0.7
RESD WisdomTree International ESG Fund 17.1 30 -22 6.3 -0.3
IPAC iShares Core MSCI Pacific ETF 17.0 9 -1 6.1 -0.4
JPIN JPMorgan Diversified Return International Equity ETF 16.9 37 -29 6.9 +0.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 16.6 30 -22 6.5 -0.1
BKEM BNY Mellon Emerging Markets Equity ETF 16.4 11 -3 6.8 +0.3
EEMA iShares MSCI Emerging Markets Asia ETF 16.4 50 -42 6.4 -0.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 16.4 29 -21 7.2 +0.7
IQLT iShares Edge MSCI Intl Quality Factor ETF 16.2 30 -22 5.4 -1.1
IMTM iShares Edge MSCI Intl Momentum Factor ETF 15.9 30 -22 3.8 -2.7
AVEM Avantis Emerging Markets Equity ETF 15.9 33 -25 7.5 +1.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 15.7 45 -37 6.5 -0.1
PBEE Invesco PureBeta FTSE Emerging Markets ETF 15.5 15 -7 7.7 +1.1

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

  2016 2017 2018 2019 2020 2021E 2022E
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

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VALUATION METRICS
  2020 2021E 2022E
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 ETF
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 10.1 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 CATEGORY
AVERAGE		 1.55
 
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.