VSS

The Vanguard FTSE All‑World ex‑US Small‑Cap Index Fund ETF (VSS) invests in publicly traded equity securities of small‑cap companies located outside the United States, covering both developed and emerging markets and spanning a wide range of sectors. Its strategy is passive, using representative sampling to track the FTSE Global Small‑Cap ex‑US Index and remaining fully invested in the underlying holdings. This fund provides broad, low‑cost exposure to international small‑cap equities, making it appropriate for investors who want to diversify a core equity portfolio with non‑U.S. growth opportunities and who have a long‑term investment horizon.