VEU

The Vanguard FTSE All‑World ex‑US Index Fund ETF (VEU) provides broad exposure to non‑U.S. equities by tracking the FTSE All‑World ex‑US Index, which includes large‑ and mid‑cap stocks from both developed and emerging markets across roughly 45 countries. It invests solely in equity securities, replicating the benchmark through a passively managed, full‑replication approach that holds each constituent in proportion to its index weight. Sector weights are diversified, with the largest allocations to financials, technology and industrials, while geographic exposure is weighted toward regions such as Japan, Europe, and Asia‑Pacific. The fund is designed as a core international equity building block, making it suitable for investors who want a low‑cost, single‑ticket way to add global diversification beyond the United States to a long‑term portfolio.