Vanguard FTSE Developed Markets ETF (VEA)
Vanguard FTSE Developed Markets ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $72.69, up 1.07% on the session, giving a market capitalisation of $324.75B. Its beta of 0.97 implies it has historically moved less than the broad market.
The fund employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex U.S. Index, a market-capitalization-weighted index that is made up of approximately 3,957 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region. The Advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
Vanguard FTSE Developed Markets ETF is most often compared with the following Financial Services names: