Larry Berman CFA, CMT, CTAVanguard FTSE Developed Markets Index Fund ETF.VEACOMMENTJan 30, 2017

VEA vs. EFA vs. ACWX

All have very different exposures, so it's hard to compare them.

VEA includes South Korea, EFA does not. ACWX has Canada in it. VEA is likely the most efficient one for foreign exposure. Don't focus on the MER. Instead, focus on the right exposure for your investment goals. Let the MER be the tiebreaker, all else being equal.

EFA vs. VEA? Very similar; they cover Europe, Australia and the Far East. But EFA excludes Canada and South Korea. VEA charges only 7 basis points, and EFA around 30. Both are good ETFs. He's focusing on America and not thrilled about Europe.