- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- Jul 26, 2007
- Business
- Vanguard FTSE Developed Markets ETF (VEA) is an exchange-traded fund that seeks to track the performance of the FTSE Developed All Cap ex US Index, which measures the investment return of publicly traded equity securities of companies located in developed countries outside the United States. The fund employs a passive indexing investment approach, holding a diversified portfolio of approximately 4,000 small-, mid-, and large-cap stocks from 24 developed markets, including Canada, Japan, South Korea, and major European countries; holdings are weighted by free-float-adjusted market capitalization, with the top 10 positions typically comprising around 10% of assets and no single holding exceeding 2%. It provides investors with broad exposure to international developed equities, quarterly dividend distributions, and a low expense ratio of 0.03%, targeting long-term capital appreciation and income for individual investors, financial advisors, and institutional clients.
Headquartered in Malvern, Pennsylvania, and managed by The Vanguard Group, Inc., which was founded in 1975, the ETF launched on July 20, 2007, and operates primarily in the United States with global investment focus on developed markets in Europe, the Pacific region, and North America.
As of late 2025, VEA manages approximately $185-214 billion in assets under management, reflecting strong investor inflows of $14.21 billion over the past year amid robust performance, including a 21.64% one-year return and a recent 52-week high of $62.64 reached on December 11, 2025. Recent developments include sustained net asset growth driven by market appreciation in international developed equities and Vanguard's broader strategic expansions, such as the November 2024 launch of new active municipal bond ETFs (VCRM and VSDM) and Core Tax-Exempt Bond ETF announcements, alongside ongoing expense ratio reductions across its ETF lineup to enhance shareholder value. The fund maintains low turnover of around 5% annually through semiannual reconstitutions in March and September, with no major acquisitions, partnerships, or structural changes specific to VEA reported in the last 1-2 years.