Vanguard Total International Stock ETF
VXUS
As of December 31, 2015
Investment approach
Quick facts
• Seeks to track the performance of the FTSE Global All Cap ex US Index.
• Broad exposure across developed and emerging non-U.S. equity markets.
FTSE Global All
Cap ex US
Index
Benchmark
• Passively managed.
Expense ratio1
• Fund remains fully invested. Dividend schedule
• Low expenses minimize net tracking error.
ETF total net assets
About the benchmark
Fund total net assets
$186,911 million
Inception date
January 26, 2011
• The FTSE Global All Cap ex US Index covers 98% of the world’s non-U.S.
markets, including markets in the European, Pacific, emerging markets, and
North American regions.
• The largest markets represented in the index are Japan, The United Kingdom,
Canada, Australia, and France.
0.14%
Quarterly
$4,799 million
Trading information
VXUS
Ticker symbol
921909768
CUSIP number
VXUS (Inception 01/26/2011)
Quarter
Year
to date
1 year
3 years
Since
inception
Net asset value (NAV) return3
2.74%
-4.28%
-4.28%
1.84%
0.94%
2.62
-4.10
-4.10
1.58
0.95
3.61
-4.29
-4.29
2.29
0.91
Market price
Spliced Total International
Stock Index
TGPVAN17
Index ticker (Bloomberg)
Total returns2 for period ended in December 31, 2015
return4
VXUS.IV
IIV (intra-day ticker)
Performance history
Total International Composite Index through August 31, 2006; MSCI EAFE + Emerging Markets
Index through December 15, 2010; MSCI ACWI ex USA IMI Index through June 2, 2013; and
FTSE Global All Cap ex US Index thereafter. Benchmark returns are adjusted for withholding
taxes.
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. For performance data current to the most recent
month end, visit our website at vanguard.com/performance.
Investors cannot invest directly in an index.
NASDAQ
Exchange
ETF attributes
Number of stocks
Total FTSE Global All
Cap ex US
International
Index
Stock ETF
6,005
5,721
Median market cap
$21.7B
$21.7B
Price/earnings ratio
18.0x
18.1x
Price/book ratio
1.6x
1.6x
Return on equity
14.7%
14.7%
Earnings growth rate
11.2%
11.3%
Turnover
rate5
Standard deviation6
2.5%
—
12.0%
12.1%
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
1
As reported in the most recent prospectus. A fund’s current expense ratio may be lower or higher than the figure reported in the prospectus.
2
Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Fund performance figures assume the
reinvestment of dividends and capital gains distributions; the figures are pre-tax and net of expenses. The above widely used comparative index represents
unmanaged or average returns on various financial assets that can be compared with the fund’s total returns for the purpose of measuring relative performance.
3
As of 4 p.m., Eastern time, when the regular trading session of the New York Stock Exchange typically closes.
4
Market price returns are calculated using the midpoint between the bid and offer prices at the time NAV is calculated, typically 4 p.m., Eastern time.
5
For most recent fiscal year. Turnover rate excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the
fund’s capital shares, including Vanguard ETF Creation Units.
6
A measure of the volatility of a fund—based on the fund’s last three years of monthly returns—used to indicate the dispersion of past returns. A higher standard
deviation means a greater potential for volatility. For funds with less than 36 months of performance history, standard deviation is not calculated.
Vanguard Total International Stock ETF
VXUS
As of December 31, 2015
Expense ratio comparison1
Ten largest countries as % of common stock
1.39%
0.31%
0.14%
International
Funds
Average
Japan
18.1%
United Kingdom
14.6
France
6.3
Germany
6.3
Switzerland
6.3
Canada
5.8
Australia
4.9
China
4.8
Korea
3.2
Taiwan
2.8
Intl Multi-Cap Total
Core Fd Avg International
ETF only
Stock ETF
Ten largest holdings and % of total net assets2
Nestle SA
1.2%
Roche Holding AG
1.0
Novartis AG
1.0
Toyota Motor Corp.
0.9
HSBC Holdings plc
0.8
Royal Dutch Shell plc
0.7
Samsung Electronics Co. Ltd.
0.7
Unilever
0.6
Novo Nordisk A/S
0.6
Commonwealth Bank of Australia
0.5
Top ten as % of total net assets
8.0%
1
Represents the expense ratio for the Vanguard ETF as reported in the most recent prospectus. There are material differences between mutual funds and ETFs.
Unlike mutual funds, ETFs are priced continuously and bought and sold throughout the day in the secondary market (at a premium or discount to net asset value)
with the assistance of a stockbroker, which entails paying commissions. Sources: Lipper, a Thomson Reuters Company, and Vanguard, December 31, 2014.
2
The holdings listed exclude any temporary cash investments and equity index products.
Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy or sell
Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may
pay more than net asset value when buying and receive less than net asset value when selling.
All ETF products are subject to risk, which may result in the loss of principal. Investments in securities issued by non-U.S. companies are subject to risks including
country/regional risk and currency risk. These risks are especially high in emerging markets.
All rights in a FTSE index (the “Index”) vest in FTSE International Limited (“FTSE”). “FTSE®” is a trademark of London Stock Exchange Group companies and is
used by FTSE under licence. The Vanguard Fund(s) (the “Product”) has been developed solely by Vanguard. The Index is calculated by FTSE or its agent. FTSE and
its licensors are not connected to and do not sponsor, advise, recommend, endorse or promote the Product and do not accept any liability whatsoever to any person
arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Product. FTSE makes no claim, prediction, warranty or
representation either as to the results to be obtained from the Product or the suitability of the Index for the purpose to which it is being put by Vanguard.
For more information about Vanguard ETF Shares, visit vanguard.com, call 866-499-8473, or contact your broker to obtain a prospectus. Investment
objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.
© 2016 The Vanguard Group, Inc. All rights reserved. U.S. Patent Nos. 6,879,964; 7,337,138; 7,720,749; 7,925,573; 8,090,646; 8,417,623.
Vanguard Marketing Corporation, Distributor.
FA3369_1215