Summary
Vanguard Developed Markets 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: 3,978. The ten largest make up 13% of the fund.
- Yearly costs
- 0.05%
- Fund size
- $313.5B
- Positions
- 3,978
- Dividend yield
- 2.35%
- Running since
- 1999
What speaks for it
- Costs of 0.05% a year are below the middle of comparable funds (0.40%).
- Widely spread: the ten largest positions make up only 13% of the fund.
- A large fund with $313.5B under management.
- Average yearly growth over the last ten years: 6.4%.
- It has been running since 1999.
What to watch
- In the last five years its price once dropped by 32% 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
- -2.7%
- 3 months
- -6.8%
- This year
- +8.6%
- 1 year
- +12%
- 3 years
- +56%
- 5 years
- +28%
- 10 years
- +87%
- Avg. market cap
- $304.3B
- P/E
- 9.8x
- Forward P/E
- 8.5x
- P/S
- 2.3x
- P/B
- 2.5x
- P/FCF
- 7.9x
- EV/EBITDA
- 7.5x
- Dividend yield
- 1.74%
- ROIC
- 23.0%
- ROE
- 34.9%
- Gross margin
- 47.1%
- Operating margin
- 31.1%
- Net margin
- 24.9%
- Payout ratio
- 17.1%
- Net debt/EBITDA
- 0.6x
- Beta
- 0.87
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 00Samsung Electronics Co., Ltd. 005930.KS 2.8%
- 2 00SK hynix Inc. 000660.KS 2.3%
- 3 ASASML Holding N.V. ASML.AS 2.1%
- 4 SLBBH1142 1.1%
- 5 HSBC Holdings PLC 1.0%
- 6 RORoche Holding AG ROP.SW 0.9%
- 7 Shell PLC 0.9%
- 8 RYRoyal Bank of Canada RY.TO 0.8%
- 9 NONovartis AG NOVN.SW 0.8%
- 10 83Mitsubishi UFJ Financial Group, Inc. 8306.T 0.8%
Positions in the fund: 3,978. The ten largest make up 13% of it.
Composition as of Nov 6, 2026.
Where is it spread?
Spread outBy country
- Japan 22%
- United Kingdom 11%
- Canada 11%
- South Korea 9.2%
- Other countries 47%
By company size
- Mega cap 20%
- Large cap 73%
- Mid cap 6.7%
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 77% of the fund.
Largest country: Japan (22%). Largest size group: Large cap (73%).
What does it cost me?
Cheap- A year from $10,000
- $5.00
- Over 20 years
- $252
From every $10,000 invested the fund takes $5.00 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 $252.
How has it done?
Growing over the long run- A year on average, 10 years
- +6.4%
- Deepest drop
- -32%
- Yearly volatility
- 18%
Average yearly growth over the last ten years: 6.4%. Deepest drop in these years: 32% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.35%
- Payments a year
- 4
- Last payment
- $0.06
Over the last 12 months it paid $0.51 per share, which is 2.35% of today's price. The last payment was $0.06 on Sep 18, 2026.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 9.8
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 27%
- Fairly valued 7.4%
- Overvalued 65%
On average the companies inside trade for 9.8 times their yearly profit. By Fair Price, 65% 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 VEA Vanguard Developed Markets Index Fund | United States | 0.03% | $307.2B | +12% | Pays out | 87% |
VE VEF.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged) | Canada | 0.21% | $911.8M | +13% | Pays out | 84% |
VD VDU.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF | Canada | 0.21% | $565.3M | +13% | Pays out | 84% |
SC SCHF Schwab International Equity ETF | United States | 0.03% | $66.1B | +12% | Pays out | 81% |
VI VI.TO Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) | Canada | 0.22% | $636.2M | +12% | Pays out | 74% |
VI VIU.TO Vanguard FTSE Developed All Cap ex North America Index ETF | Canada | 0.21% | $7.94B | +12% | Pays out | 74% |
