Vanguard Total International Stock Index Fund
ALTAR
Score™		 8.3% info Recommen-
dation		 NEUTRAL
2020E    2021E
P/E
ratio		 15.8x P/Sales
ratio		 1.1x
P/BV
ratio		 1.3x Div.
yield		 3.3%


  • 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) $18,677
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 6908
Wgt avg mkt cap (mns) $62,062
Large cap (>$10bn) 70.5%
Mid cap ($2-10bn) 22.2%
Small cap (<$2bn) 6.9%
Developed mkts 75.0%
Emerging mkts 24.4%

TOP TEN HOLDINGS
ALIBABA GROUP HOLDING LTD. SPONSOR 1.6 %
NESTLE SA-REG 1.4 %
TENCENT HOLDINGS LTD 1.4 %
ROCHE HOLDING AG-GENUSSCHEIN 1.1 %
TAIWAN SEMICONDUCTOR MANUFAC 1.1 %
SAMSUNG ELECTRONICS CO LTD 0.8 %
NOVARTIS AG-REG 0.8 %
ASTRAZENECA PLC 0.7 %
TOYOTA MOTOR CORP 0.7 %
ASML HOLDING NV 0.6 %
Total 10.2 %

TOP COUNTRY EXPOSURE
JAPAN 16.8 %
BRITAIN 8.9 %
CHINA 7.9 %
CANADA 6.3 %
SWITZERLAND 6.3 %
FRANCE 5.3 %
GERMANY 5.2 %
AUSTRALIA 4.1 %
TAIWAN 3.6 %
SOUTH KOREA 3.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-18.7% -12.7% -0.2% -- 1.9%

Market Correlations
versus... Beta R-squared
S&P500 0.87 81%
MSCI EAFE 1.02 96%
MSCI Emg. Mkts. 0.80 92%

Technical Indicators
Recent close $47.14
30d moving avg. $44.65
Annualized volatility 16.3%
Short interest (ETF) 0.8%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 5,471
Turnover 1.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $125,935

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the Vanguard Total International Stock Index Fund 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™: 8.3%


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 86.7 9 -1 8.1 -0.2
VEU Vanguard FTSE All-World ex-US Index Fund 83.1 8 0 8.3 0.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 78.8 40 -32 7.9 -0.4
ACWX iShares MSCI ACWI ex U.S. ETF 77.5 32 -24 8.0 -0.3
VEA Vanguard FTSE Developed Markets ETF 71.1 5 3 8.0 -0.3
SCHF Schwab International Equity ETF 65.1 6 2 7.9 -0.4
VSGX Vanguard ESG International Stock ETF 64.2 17 -9 7.9 -0.4
IDEV iShares Core MSCI International Developed Markets ETF 64.1 5 3 7.8 -0.5
SPDW SPDR Portfolio Developed World ex-US ETF 64.1 4 4 7.7 -0.5
IEFA iShares Core MSCI EAFE ETF 60.3 7 1 7.8 -0.5
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 60.0 7 1 8.1 -0.2
CWI SPDR MSCI ACWI ex-US ETF 59.8 30 -22 8.1 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 57.4 39 -31 9.8 +1.5
HFXI IQ 50 Percent Hedged FTSE International ETF 54.0 20 -12 8.1 -0.2
EFA iShares MSCI EAFE ETF 53.5 32 -24 7.7 -0.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 53.2 35 -27 7.5 -0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 52.7 45 -37 9.6 +1.3
FNDF Schwab Fundamental International Large Co. Index ETF 51.2 25 -17 9.4 +1.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 49.4 25 -17 7.3 -1.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 49.3 20 -12 7.7 -0.6
JHMD John Hancock Multifactor Developed International ETF 48.3 45 -37 8.0 -0.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 44.9 39 -31 7.1 -1.2
QEFA SPDR MSCI EAFE Quality Mix ETF 42.6 30 -22 7.2 -1.1
PDEV Principal International Multi-Factor Core Index ETF 42.4 25 -17 8.4 +0.1
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 41.5 16 -8 7.5 -0.8
DWM WisdomTree International Equity Fund 40.5 48 -40 8.8 +0.5
AVDE Avantis International Equity ETF 39.9 23 -15 8.5 +0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 39.7 35 -27 9.1 +0.8
VT Vanguard Total World Stock Index Fund 39.5 8 0 6.6 -1.7
ISZE iShares Edge MSCI Intl Size Factor ETF 39.2 30 -22 7.5 -0.8
ESGD iShares MSCI EAFE ESG Optimized ETF 39.1 20 -12 7.7 -0.6
ACWI iShares MSCI ACWI ETF 38.6 32 -24 6.3 -2.0
IQSI IQ Candriam ESG International Equity ETF 38.6 15 -7 7.8 -0.5
ISDX Invesco Strategic Developed ex-US ETF 37.3 23 -15 8.1 -0.2
VGK Vanguard FTSE Europe ETF 37.2 8 0 7.9 -0.4
CIL VictoryShares International Volatility Weighted Index ETF 37.0 45 -37 7.2 -1.1
FEU SPDR Portfolio Europe ETF 36.6 9 -1 7.8 -0.5
LOWC SPDR MSCI ACWI Low Carbon Target ETF 36.4 20 -12 6.6 -1.7
IEUR iShares Core MSCI Europe ETF 36.3 9 -1 7.8 -0.5
IQIN IQ 500 International ETF 35.2 25 -17 9.9 +1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 35.2 20 -12 6.6 -1.7
FLEE Franklin FTSE Europe ETF 34.6 9 -1 7.5 -0.8
FLEH Franklin FTSE Europe Hedged ETF 34.6 9 -1 7.5 -0.7
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 34.4 30 -22 7.3 -1.0
VYMI Vanguard International High Dividend Yield ETF 34.4 32 -24 10.8 +2.6
DOL WisdomTree International LargeCap Dividend Fund 34.0 48 -40 9.1 +0.8
BBEU JPMorgan BetaBuilders Europe ETF 33.1 9 -1 7.8 -0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 32.7 45 -37 7.1 -1.2
URTH iShares MSCI World ETF 32.5 24 -16 6.0 -2.3
EFG iShares MSCI EAFE Growth ETF 32.0 40 -32 5.0 -3.3
IEV iShares Europe ETF 31.7 59 -51 7.3 -1.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 31.6 25 -17 7.1 -1.2
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 31.4 24 -16 7.7 -0.6
ESGG FlexShares STOXX Global ESG Impact Index Fund 31.1 42 -34 5.8 -2.5
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 29.7 45 -37 7.3 -0.9
RNDM Developed International Equity Select ETF 28.4 65 -57 6.8 -1.5
QWLD SPDR MSCI World StrategicFactors ETF 28.1 30 -22 6.2 -2.1
IDY Pacific Global International Equity Income ETF 27.9 39 -31 9.4 +1.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 27.8 9 -1 6.4 -1.9
VPL Vanguard FTSE Pacific ETF 27.3 8 0 8.4 +0.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 27.2 14 -6 7.4 -0.9
TOK iShares MSCI Kokusai ETF 27.2 25 -17 5.9 -2.4
RFDI First Trust Riverfront Dynamic Developed International ETF 26.8 83 -75 6.8 -1.5
EFV iShares MSCI EAFE Value ETF 26.7 39 -31 10.8 +2.5
IDLB Invesco FTSE International Low Beta Equal Weight ETF 25.7 45 -37 7.6 -0.7
QINT American Century Quality Diversified International ETF 25.2 39 -31 6.3 -2.0
PQIN PGIM QMA Strategic Alpha International Equity ETF 24.8 29 -21 8.5 +0.2
IGRO iShares International Dividend Growth ETF 24.5 22 -14 8.5 +0.3
TPIF Timothy Plan International ETF 23.9 62 -54 7.5 -0.8
JPEU JPMorgan Diversified Return Europe Equity ETF 23.6 37 -29 7.3 -1.0
IEMG iShares Core MSCI Emerging Markets ETF 23.5 14 -6 9.3 +1.0
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 23.1 48 -40 0.0 -8.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 23.1 59 -51 11.8 +3.5
IMTM iShares Edge MSCI Intl Momentum Factor ETF 23.0 30 -22 5.2 -3.1
SCID Global X Scientific Beta Europe ETF 22.8 38 -30 7.4 -0.9
IQLT iShares Edge MSCI Intl Quality Factor ETF 22.8 30 -22 6.6 -1.7
JPGE JPMorgan Diversified Return Global Equity ETF 22.1 29 -21 7.8 -0.5
EEM iShares MSCI Emerging Markets ETF 21.8 68 -60 8.8 +0.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 21.7 29 -21 9.2 +1.0
IPAC iShares Core MSCI Pacific ETF 21.6 9 -1 8.0 -0.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 21.6 65 -57 8.9 +0.7
VWO Vanguard FTSE Emerging Markets ETF 21.5 10 -2 9.4 +1.1
EFAV iShares Edge MSCI Min Vol EAFE ETF 21.4 20 -12 6.1 -2.2
RBIN Nationwide Risk-Based International Equity ETF 21.2 42 -34 6.8 -1.5
JPIN JPMorgan Diversified Return International Equity ETF 20.9 38 -30 8.5 +0.2
DEW WisdomTree Global High Dividend Fund 20.4 58 -50 9.5 +1.2
FLAX Franklin FTSE Asia Ex Japan ETF 20.2 19 -11 9.1 +0.8
FDEV Fidelity Targeted International Factor ETF 19.8 39 -31 6.9 -1.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 19.7 68 -60 8.5 +0.3
VIGI Vanguard International Dividend Appreciation ETF 19.3 25 -17 6.3 -2.0
SCHE Schwab Emerging Markets Equity ETF 18.9 13 -5 9.2 +0.9
EUMV iShares Edge MSCI Min Vol Europe ETF 18.7 25 -17 5.8 -2.5
UIVM VictoryShares USAA MSCI International Value Momentum ETF 18.7 35 -27 9.1 +0.8
VGFO Virtus WMC Global Factor Opportunities ETF 18.5 49 -41 6.4 -1.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 18.2 30 -22 9.8 +1.6
RFEU First Trust Riverfront Dynamic Europe ETF 17.8 83 -75 5.3 -3.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 17.7 45 -37 7.3 -1.0
JHEM John Hancock Multifactor Emerging Markets ETF 17.5 55 -47 9.5 +1.2
DGT SPDR Global Dow ETF 17.5 50 -42 7.2 -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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
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 Index Fund
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 10.5 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 8.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.53 CATEGORY
AVERAGE		 1.58
 
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.