ESG International Stock ETF (VSGX)

OPTIONS as of
09/18/2018

Options Expense ratio Minimum
ETF 0.15%

Vanguard ETF Shares can be bought and sold only through a broker (who may charge a commission) and cannot be redeemed with the issuing fund. The market price of Vanguard ETF Shares may be more or less than net asset value.

About our options  


 

KEY FACTS

Product typeInternational Large Blend
VSGX
 inception on 09/18/2018
$62.2 million net assets for
VSGX
 as of 12/31/2018
1,940 holdings as of 12/31/2018
Indexed to the FTSE Global All Cap exUS Choice Idx (FGCACXUR)
Turnover rate  —
CUSIP: 921910725

TRADING

Intraday Optimized Value Ticker
Intraday Optimized Value (IOV), also known as the Intraday Indicative Value (IIV), is the calculated per share price of the ETF which is published every 15 seconds based on the last sale price of each of the underlying securities in the portfolio basket, plus any estimated cash amounts associated with the creation unit.

 VSGX.IV
Outstanding shares: 1,400,000 as of 12/31/2018
ETF exchange: Cboe BZX U.S. Equities Exchange

STYLEBOX

Stock


Index of large-, mid-, and small-capitalization international companies screened for certain social criteria.



Central tendency
Expected range

How to read our stylebox  

Investment approach



  • Seeks to track the performance of the FTSE Global All Cap ex US Choice Index.
  • Market cap weighted index composed of large-, mid-, and small-capitalization international stocks.
  • Screened for certain environmental, social, and corporate governance (ESG) criteria.
  • Specifically excludes stocks of companies in the following industries: adult entertainment, alcohol and tobacco, weapons, fossil fuels, gambling, and nuclear power.
  • Excludes stocks of companies that do not meet standards of U.N. global compact principles and companies that do not meet appropriate diversity criteria.
  • Employs a passively managed, index-sampling strategy.

Total returns

as of 12/31/2018

View as:

as of 12/31/2018

0%
-5
-10
-15%
 
  1 year 3 year 5 year 10 year

09/18/2018

Market price * – 10.77%
NAV *
– 10.75%

FTSE Global All Cap ex US Choice Index

**

In order to determine the performance of the fund prior to adjustments for fair value pricing, simply subtract the Fair value impact figure from the NAV performance figure. For example, by subtracting -0.09% from 18.23%, we arrive at a performance figure of 18.32% [18.23% - (-0.09%) = 18.32%].

Note: This fund does not have a long enough history to provide annual performance data.

** a market cap weighted index composed of large-, mid-, and small-capitalization stocks in developed and emerging markets, excluding the United States that are screened for certain environmental, social, and corporate governance (ESG) criteria by the index sponsor, which is independent of Vanguard. Specifically, the index excludes stocks of companies in the following industries: adult entertainment, alcohol and tobacco, weapons, fossil fuels, gambling, and nuclear power. The index methodology also excludes the stocks of companies that do not meet the labor, human rights, environmental, and anti-corruption standards as defined by the U.N. global compact principles, as well as companies that do not meet appropriate diversity criteria.

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.


Regional exposure as of 12/31/2018

  Region  VSGX

FTSE Global All Cap ex US Choice Index

+/- Weight
Europe 42.2% 40.7% 1.5%
Pacific 32.1% 31.4% 0.7%
Emerging Markets 17.6% 20.1% – 2.5%
North America 7.6% 7.3% 0.3%
Middle East 0.4% 0.5% – 0.1%
Other 0.1%
0%
45%
Total 100.0% 100.0%  

Top 10 markets as of 12/31/2018

Market Region VSGX

FTSE Global All Cap ex US Choice Index

+/- Weight
Japan Pacific 19.2% 18.8% 0.4%
United Kingdom Europe 9.8% 9.2% 0.6%
Canada North America 7.6% 7.3% 0.3%
Germany Europe 6.3% 6.0% 0.3%
Switzerland Europe 6.3% 6.0% 0.3%
France Europe 5.8% 5.7% 0.1%
Australia Pacific 5.3% 5.2% 0.1%
China Emerging Markets 4.6% 4.7% – 0.1%
Taiwan Emerging Markets 4.2% 4.2% 0.0%
Korea Pacific 3.4% 3.3% 0.1%
Top 10 equals 72.5% of stock

Market allocation details  

Sector weightings as of 12/31/2018

  Sector  VSGX

FTSE Global All Cap ex US Choice Index

+/- Weight
Financials 31.8% 31.8% 0.0%
Consumer Goods 14.8% 15.1% – 0.3%
Industrials 10.9% 11.0% – 0.1%
Consumer Services 10.4% 10.0% 0.4%
Health Care 9.9% 9.6% 0.3%
Technology 8.5% 8.7% – 0.2%
Basic Materials 5.8% 5.8% 0.0%
Telecommunications 4.4% 4.3% 0.1%
Utilities 1.9% 2.0% – 0.1%
Oil & Gas 1.6% 1.7% – 0.1%
Other 0.0% 0.0% 0.0%
0%
35%
Total 100.0% 100.0%

Sector categories are based on the Industry Classification Benchmark, except for the "Other" category (if applicable), which includes securities that have not been provided a Industry Classification Benchmark as of the effective reporting period.

Top 10 Equity Holdings as of 12/31/2018

Rank Holding
1 Nestle SA
2 Samsung Electronics Co. Ltd.
3 Roche Holding AG
4 Taiwan Semiconductor Manufacturing Co. Ltd.
5 Alibaba Group Holding Ltd.
6 Toyota Motor Corp.
7 Unilever
8 AIA Group Ltd.
9 Sanofi
10 AstraZeneca plc
Top 10 equals 10.1% of net assets

Portfolio holdings may exclude any temporary cash investments and equity index products.

Fundamentals

Stock

as of 12/31/2018
VSGX

FTSE Global All Cap ex US Choice Index

Number of stock 1,940 4,609
Avg market cap $45.2 billion $45.6 billion
Median market cap $19.5 billion $21.1 billion
P/E ratio 12.4x 12.4x
P/B ratio 1.4x 1.4x
Turnover rate N/A
% Emerging 17.60% 20.10%
% Developed 82.40% 79.90%

Risk and volatility as of 12/31/2018

  VSGX

FTSE Global All Cap ex US Choice Index

R-squared N/A
Beta N/A
Alpha N/A
Standard deviation
Sharpe ratio

Risk and volatility are based on the share class with the earliest inception date.

Risk measures are calculated from trailing 36-month fund returns relative to the associated benchmarks.

Risk and volatility information is not available for a fund less than 3 years old.

An investment in the fund could lose money over short or long periods of time. You should expect the fund’s share price and total return to fluctuate within a wide range. The fund is subject to the following risks, either directly or through its investments in the underlying funds, which could affect the fund’s performance: Although ESG International Stock ETF is listed for trading on the Cboe BZX Exchange, Inc., it is possible that an active trading market may not be maintained. Trading of Vanguard ESG International Stock ETF on the Cboe BZX Exchange, Inc. may be halted if Cboe BZX Exchange, Inc. officials deem such action appropriate, or if ESG International Stock ETF shares are delisted from the Cboe BZX Exchange, Inc., or if the activation of market wide “circuit breakers” halts stock trading generally. The fund’s performance could be hurt by:

  • Stock market risk: the chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising prices and periods of falling prices. The fund‘s investments in foreign stocks can be riskier than U.S. stock investments. Foreign stocks tend to be more volatile and less liquid than U.S. stocks. The prices of foreign stocks and the prices of U.S. stocks may move in opposite directions. In addition, historically, non-U.S. small- and mid-cap stocks have been more volatile in price than the large-cap stocks that dominate the global markets, and they often perform quite differently. Small and mid-size companies tend to have greater stock volatility because, among other things, these companies tend to be more sensitive to changing economic conditions.
  • ESG investing risk: the chance that the stocks screened by the index sponsor for ESG criteria generally will underperform the stock market as a whole or that the particular stocks selected for the FTSE Global All Cap ex US Choice Index will, in the aggregate, trail returns of other funds screened for ESG criteria.
  • Country/regional risk: the chance that world events—such as political upheaval, financial troubles, or natural disasters—will adversely affect the value of securities issued by companies in foreign countries or regions. Because the fund may invest a large portion of its assets in securities of companies located in any one country or region, the fund’s performance may be hurt disproportionately by the poor performance of its investments in that area. Country/regional risk is especially high in emerging markets.
  • Emerging markets risk: the chance that the stocks of companies located in emerging markets will be substantially more volatile, and substantially less liquid, than the stocks of companies located in more developed foreign markets because, among other factors, emerging markets can have greater custodial and operational risks; less developed legal, tax, regulatory, and accounting systems; and greater political, social, and economic instability than developed markets.
  • Currency risk: the chance that the value of a foreign investment, measured in U.S. dollars, will decrease because of unfavorable changes in currency exchange rates. Currency risk is especially high in emerging markets.
  • Index sampling risk: the chance that the securities selected for the fund, in the aggregate, will not provide investment performance matching that of the fund’s target index.




    Vanguard ETF Shares can be bought and sold only through a broker (who may charge a commission) and cannot be redeemed with the issuing fund. The market price of Vanguard ETF Shares may be more or less than net asset value. Investments are subject to market risk. Go to the performance page to read more about risk and volatility.