Summary
Vanguard FTSE All-World ex-US Index Fund Admiral Shares is a mutual fund run by Vanguard. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 3,840. The ten largest make up 15% of the fund.
- Yearly costs
- 0.08%
- Fund size
- $95.7B
- Positions
- 3,840
- Dividend yield
- 2.31%
- Running since
- 2011
What speaks for it
- Costs of 0.08% a year are below the middle of comparable funds (0.40%).
- Widely spread: the ten largest positions make up only 15% of the fund.
- A large fund with $95.7B under management.
- Average yearly growth over the last ten years: 6.2%.
- It has been running since 2011.
What to watch
- In the last five years its price once dropped by 33% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.4%
- 3 months
- -1.4%
- This year
- +11%
- 1 year
- +12%
- 3 years
- +63%
- 5 years
- +31%
- 10 years
- +83%
- Avg. market cap
- $585.0B
- P/E
- 13.6x
- Forward P/E
- 10.6x
- P/S
- 3.1x
- P/B
- 3.0x
- P/FCF
- 11.0x
- EV/EBITDA
- 10.9x
- Dividend yield
- 1.33%
- ROIC
- 21.6%
- ROE
- 33.6%
- Gross margin
- 52.6%
- Operating margin
- 33.7%
- Net margin
- 28.6%
- Payout ratio
- 18.2%
- Net debt/EBITDA
- 0.2x
- Beta
- 0.91
Weighted average of the 50 largest companies, which make up 30% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 4.7%
- 2 00Samsung Electronics Co., Ltd. 005930.KS 2.2%
- 3 00SK hynix Inc. 000660.KS 1.8%
- 4 ASASML Holding N.V. ASML.AS 1.7%
- 5 SLBBH1142 0.9%
- 6 07Tencent Holdings Limited 0700.HK 0.8%
- 7 HSBC Holdings PLC 0.8%
- 8 RORoche Holding AG ROP.SW 0.7%
- 9 Shell PLC 0.7%
- 10 RYRoyal Bank of Canada RY.TO 0.7%
Positions in the fund: 3,840. The ten largest make up 15% of it.
Composition as of Oct 24, 2026.
Where is it spread?
Spread outBy sector
- Financials 24%
- Technology 22%
- Industrials 14%
- Consumer cyclical 7.4%
- Basic materials 6.8%
- Other 25%
By country
- Japan 16%
- United Kingdom 7.6%
- Canada 7.5%
- China 6.4%
- Other countries 63%
By company size
- Mega cap 26%
- Large cap 72%
- Mid cap 2.1%
- Small cap 0.08%
- Micro cap 0.04%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 75% of the fund.
Largest sector: Financials (24%). Largest country: Japan (16%). Largest size group: Large cap (72%).
What does it cost me?
Cheap- A year from $10,000
- $8.00
- Over 20 years
- $401
From every $10,000 invested the fund takes $8.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $401.
How has it done?
Growing over the long run- A year on average, 10 years
- +6.2%
- Deepest drop
- -33%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 6.2%. Deepest drop in these years: 33% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.31%
- Payments a year
- 4
- Last payment
- $0.12
Over the last 12 months it paid $1.18 per share, which is 2.31% of today's price. The last payment was $0.12 on Sep 18, 2026.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 13.6
- Average Bulios Score
- 74 out of 100
Weight by Bulios Fair Price
- Undervalued 20%
- Fairly valued 11%
- Overvalued 69%
On average the companies inside trade for 13.6 times their yearly profit. By Fair Price, 69% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 30% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
VE VEU Vanguard FTSE All-World ex-US ETF | United States | 0.04% | $95.8B | +12% | Pays out | 84% |
VE VEU.AX Vanguard All-World ex-US Shares Index ETF | Australia | 0.04% | $4.57B | +3.8% | Pays out | 83% |
AC ACWX iShares MSCI ACWI ex U.S. ETF | United States | 0.32% | $11.3B | +12% | Pays out | 78% |
HA HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF | United States | 0.70% | $349.3M | +15% | Pays out | 78% |
DB DBAW Xtrackers MSCI All World ex US Hedged Equity ETF | United States | 0.40% | $267.2M | +15% | Pays out | 76% |
VX VXUS Vanguard Total International Stock ETF | United States | 0.05% | $649.1B | +12% | Pays out | 76% |