Vanguard FTSE All-World ex-US Small-Cap ETF

Vanguard FTSE All-World ex-US Small-Cap ETF

About

Vanguard FTSE All-World ex-US Small-Cap ETF (US9220427184) is a US-listed equity ETF tracking the FTSE Global Small-Cap ex US Index. With a expense ratio of 0.06%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 556 positions across 30 regions with 11.9B in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 8.4 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.3 Tracking Difference: 9.0 · TD Consistency: — · Expense Ratio: 10.0
Diversification (45%) 6.8 Holding Count: 6.6 · Country Concentration: 5.4 · Sector Concentration: 10.0
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker VSS
ISIN
Fund Size $11.9B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Apr 2009
Base Currency USD
Index FTSE Global Small-Cap ex US Index
Asset Class Equities
Category Global Equity

Costs

9.3
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.06%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month -0.02%
3 Months +0.08%
6 Months +0.10%
1 Year +0.17%
3 Years +0.43%
5 Years +0.16%
10 Years +0.70%
YTD +0.03%
Since Inception +0.70%

Holdings

6.6
This fund holds 556 individual investments, offering moderate diversification compared to other ETFs.
#1
1.85%
#2
0.51%
#3
Taiwan Union Technology Corp
0.32%
#4
0.28%
#5
Hudbay Minerals Inc
0.27%
#6
Aritzia Inc
0.26%
#7
Finning International Inc
0.24%
#8
Accelleron Industries AG
0.23%
#9
Macronix International Co Ltd
0.23%
#10
Compeq Manufacturing Co Ltd
0.22%
View all holdings (50)
# Holding Ticker Weight
1 185.00%
2 MFSM6 51.00%
3 Taiwan Union Technology Corp 6274 32.00%
4 MESM6 28.00%
5 Hudbay Minerals Inc HBM 27.00%
6 Aritzia Inc ATZ 26.00%
7 Finning International Inc FTT 24.00%
8 Accelleron Industries AG ACLN 23.00%
9 Macronix International Co Ltd 2337 23.00%
10 Compeq Manufacturing Co Ltd 2313 22.00%
11 NKT A/S NKT 21.00%
12 Games Workshop Group PLC GAW 21.00%
13 Gaztransport Et Technigaz SA GTT 21.00%
14 Capital Power Corp CPX 20.00%
15 Aurubis AG NDA 20.00%
16 Eldorado Gold Corp ELD 20.00%
17 Storebrand ASA STB 19.00%
18 AIXTRON SE AIXA 19.00%
19 IG Group Holdings PLC IGG 19.00%
20 Nexans SA NEX 18.00%
21 Subsea 7 SA SUBC 18.00%
22 South Bow Corp SOBO 18.00%
23 RTYM6 18.00%
24 DPM Metals Inc DPM 18.00%
25 Kinsus Interconnect Technology Corp 3189 18.00%
26 Nordnet AB publ SAVE 17.00%
27 NexGen Energy Ltd NXE 17.00%
28 voestalpine AG VOE 17.00%
29 Lottomatica Group Spa LTMC 17.00%
30 thyssenkrupp AG TKA 17.00%
31 WinWay Technology Co Ltd 6515 17.00%
32 Aedifica SA AED 17.00%
33 OceanaGold Corp OGC 17.00%
34 Capstone Copper Corp CS 17.00%
35 SSR Mining Inc SSRM 16.00%
36 Osisko Gold Royalties Ltd OR 16.00%
37 Konecranes Oyj KCR 16.00%
38 Umicore SA UMI 16.00%
39 Nordex SE NDX1 15.00%
40 Ringkjoebing Landbobank A/S RILBA 15.00%
41 Technip Energies NV TE 15.00%
42 Saipem SpA SPM 15.00%
43 abrdn plc ABDN 15.00%
44 LandMark Optoelectronics Corp 3081 15.00%
45 B2Gold Corp BTO 15.00%
46 LondonMetric Property PLC LMP 14.00%
47 Chipbond Technology Corp 6147 14.00%
48 G Mining Ventures Corp GMIN 14.00%
49 ALK-Abello A/S ALK B 14.00%
50 ISS A/S ISS 14.00%

Sectors

10.0
This fund is well-diversified across 12 sectors, with no single sector dominating.
 
Sector Weight
Unknown 5958.00%
Industrials 729.00%
Materials 713.00%
Technology 677.00%
Financials 575.00%
Energy 302.00%
Real Estate 268.00%
Consumer Discretionary 241.00%
Utilities 166.00%
Health Care 164.00%
Communication Services 108.00%
Consumer Staples 99.00%

Regions

5.4
This fund invests across 31 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
UNKNOWN 5958.00%
Canada 879.00%
United Kingdom 514.00%
Taiwan 389.00%
Japan 233.00%
Switzerland 223.00%
Germany 179.00%
France 172.00%
Australia 162.00%
Sweden 149.00%
South Korea 143.00%
Denmark 138.00%
Norway 120.00%
Italy 103.00%
Poland 93.00%
Netherlands 90.00%
Spain 84.00%
Belgium 58.00%
Finland 58.00%
India 56.00%
Israel 53.00%
Austria 39.00%
Hong Kong SAR China 31.00%
Malaysia 15.00%
Ireland 12.00%
Mexico 11.00%
Singapore 11.00%
South Africa 11.00%
United States 6.00%
Qatar 5.00%
Thailand 5.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
58.6%
Volatility
-12.6%
Max Drawdown
10.25
Sharpe Ratio
16.59
Sortino Ratio
47.71
Calmar Ratio
0.47
Beta
0.96%
Alpha (Jensen's)
0.378
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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