Quick Read – iShares Core MSCI International Developed Markets ETF (IDEV) holds $27.5B in assets with a 0.04% expense ratio, returning 24.19% over the past year and 121.8% since inception in 2017, while Vanguard FTSE Developed Markets ETF (VEA) offers nearly identical exposure…
0.03% with a 30.7% one-year return, making the fee difference negligible at one dollar annually per $10,000 invested. – US-only portfolios miss nearly 40% of global market capitalization, and IDEV’s unhedged currency exposure, value-sector tilt toward banks and industrials, and 21% Japan concentration create performance divergence from US large-cap indexes during periods when megacap tech leads global returns. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and iShares Core MSCI International Developed Markets ETF wasn’t one of them. Get them here FREE
If you own a US total market fund and call yourself diversified, the math says otherwise. American stocks make up roughly 60% of global market capitalization, which leaves nearly 40% of the world’s listed companies sitting outside the wrapper. The iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) exists to fill that gap, and at 0.04% in annual fees it costs about as much as a tip on a coffee.
What This Fund Is Built To Do IDEV tracks the MSCI World ex USA IMI Index, capturing large, mid, and small-cap stocks across developed markets outside the United States. The portfolio is anchored in Japan at 21.37%, the United Kingdom at 12.89%, and Canada at 12.21%. Moreover, continental Europe fills out most of the rest through France, Switzerland, and Germany.