Vanguard FTSE Developed Europe

ETF description

This ETF seeks to track the performance of the FTSE Developed Europe Index, which is made up of large and mid‑sized companies in developed European markets. These companies come from a variety of sectors, including financials, healthcare, consumer goods, and industrials. The index covers markets such as the United Kingdom, Germany, France, Switzerland, and other well‑established European economies.

For investors who are looking to gain exposure to European markets, this ETF offers a way to invest in a broad range of companies across multiple sectors and countries. It may appeal to those who want to diversify their investments geographically by including European stocks, which can provide a different risk and return profile compared to U.S. or emerging markets. The companies in the index are generally large and well‑established, making this ETF potentially suitable for investors who prefer the stability of mature markets.

Issuer details

Vanguard is the largest provider of mutual funds and the second‑largest provider of ETFs in the world.

Vanguard is a major American investment management company headquartered in Malvern, Pennsylvania. It’s known for being the largest provider of mutual funds in the world and the second‑largest provider of ETFs after BlackRock’s iShares with over $8trn in global assets under management (as at June 2024). Vanguard was founded in 1975 by John C. Bogle and is notable for its unique ownership structure ‑ it is owned by its funds, which in turn are owned by their shareholders. This structure is designed to align Vanguard’s interests with those of its investors, helping to keep costs low.

Index details

The FTSE Developed Europe index provides investors with broad exposure to large and mid‑cap companies across developed European markets, covering a diverse range of industries and sectors. By focusing on market capitalization, the index captures the performance of Europe’s leading companies, offering a comprehensive view of the developed European equity landscape.