Vanguard FTSE Pacific ETF

VPL

시가총액 US$84.6억

The Vanguard FTSE Pacific ETF remains a buy, supported by compelling valuation and robust APAC earnings growth. VPL trades at a low 12.2x P/E with an 11.6% long-term EPS growth rate, resulting in a PEG barely above 1.0. The ETF is Japan-heavy, tech-tilted, and leans toward value but carries concentration risk in Samsung and SK hynix.

The Vanguard Energy ETF could be vulnerable over the near term due to multiple factors. The Vanguard FTSE Pacific ETF may be pinched by factors familiar to U.S. investors.

The Vanguard FTSE Pacific ETF started 2026 in strong fashion. A recent pullback may prove to be a buying opportunity.

Vanguard Pacific Stock Index Fund ETF is rated a buy, offering attractive value at 13x forward EPS after a sharp March correction. VPL's portfolio is balanced between value and growth, with Industrials and Financials as the top sectors and a 3.82% dividend yield. Technical support converges near $92, with bullish seasonality and a rising 200-day moving average reinforcing a favorable risk/reward setup.

The U.S. stock market has underperformed many international stock markets year to date, due in part to concerns about how tariffs will affect the U.S. economy. The Vanguard FTSE Pacific ETF provides heavy exposure to stocks in Japan, South Korea, and Australia; the fund has advanced 18% year to date.

Morgan Stanely analysts expect equities in emerging markets and the Asia-Pacific to outperform the S&P 500 over the next seven years. The Vanguard FTSE Emerging Markets ETF provides exposure to the most important stocks across China, Taiwan, and India.

Goldman Sachs thinks stocks across Asia and various emerging markets will beat the S&P 500 (the benchmark for the U.S. market) over the next 10 years. The Vanguard FTSE Pacific ETF provides exposure to stocks in Asian economies, especially Japan, Australia, and Korea.

VPL has outperformed US equities in 2025, returning 17% YTD, driven by strong Japanese buybacks and shareholder rewards. The ETF remains attractively valued at a 15x P/E, offering a 2.85% yield and diversified exposure to Asia-Pacific large caps. Technical analysis shows VPL near 2021 highs with rising support at $80 and a bullish long-term trend, though seasonal weakness is possible.

Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas. Domestic political uncertainties have been one main reason for the decoupling trend seen in Indonesia and Thailand.

The Vanguard FTSE Pacific Index Fund ETF Shares offers cost-efficient exposure to Asia-Pacific equities, but its heavy Japanese focus has hindered performance of late, with only 7% YTD returns. With 60% of this portfolio coming from Japan, it will be difficult for the VPL ETF to flourish, unless conditions in this region pick up. VPL's holdings offer decent earnings growth on par with global stocks, yet it can be picked up at a cheaper P/E multiple valuations look compelling.