Indexing Outside the International-Stock Mainstream
As the investment universes become smaller, the complications increase.
Just Like Home
Friday's column argued that the common international-equity index funds, such as Vanguard Total International Stock (VTIAX) or Fidelity International (FSPSX), behave much like S&P 500 index funds. In each case, the fund's future volatility will resemble its Morningstar Category average, while over 10 years its cost advantage should push its returns near, or perhaps into, its category's top quartile.
John Rekenthaler does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.