Vanguard Total World Stock Index's low fee and comprehensive portfolio should be tough to beat over the long run. Morningstar's new ratings framework, which places more emphasis on fees, has recognized this fund's low expense ratio as a substantial advantage over its peers. Therefore, we have upgraded its Morningstar Analyst Rating to Gold from Silver.
Will VTWAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTWAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VTWAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VTWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.