(VEA) Vanguard FTSE Developed - Ratings and Ratios

The Vanguard FTSE Developed Markets Index Fund ETF Shares (NYSE ARCA:VEA) is designed to replicate the performance of the FTSE Developed All Cap ex US Index. This index is a market-capitalization-weighted benchmark comprising approximately 3,957 stocks of large-, mid-, and small-cap companies across Canada, Europe, and the Pacific region. The fund employs a full-replication approach, meaning it invests in all or substantially all of the stocks in the target index in proportion to their weightings. This approach aims to deliver returns that closely align with the indexs performance. Additional details include a focus on developed markets outside the U.S., providing exposure to key international economies. The funds structure allows for diversification across multiple regions and market segments, making it a comprehensive tool for investors seeking broad international equity exposure.

From a technical perspective, VEA is currently trading at $50.75, with a 20-day average volume of 12,583,570 shares. The ETFs short-term trend, as indicated by the 20-day SMA of $50.04, suggests recent upward momentum, while the 50-day SMA of $50.82 and the 200-day SMA of $49.77 indicate a slightly bearish medium-term outlook. The Average True Range (ATR) of 1.06 reflects moderate price volatility, suggesting that the ETFs price movements are relatively stable compared to more volatile assets. The current price level is above the 200-day SMA, which may signal a potential long-term bullish trend, though the 50-day SMA being slightly above the current price introduces some uncertainty in the medium term.

From a fundamental perspective, VEA manages assets under management (AUM) of approximately $140.112 billion, highlighting its status as one of the largest ETFs in its category. This substantial AUM underscores the funds liquidity and stability, making it a preferred choice for investors seeking exposure to developed international markets. The funds focus on a broad range of companies across multiple regions provides diversification benefits, though it also means the ETFs performance is closely tied to global macroeconomic trends and geopolitical developments in its covered regions.