Positive
Seeking Alpha
21 hours ago
VEA At New Highs, But With A Higher Risk Premium Than In The U.S.
Vanguard FTSE Developed Markets ETF has broad, low-cost exposure to developed ex-US equities, with a TER of 0.03% and $304B AUM. VEA trades at a forward P/E of 17.7x with a 3.1% dividend yield, offering a substantial valuation discount and higher expected returns versus US-centric ETFs. Financials (24%) and geographic exposure to Europe and Japan position VEA to benefit from rising rates, though stagflation risk remains elevated.