Stockchase Opinions

Larry Berman CFA, CMT, CTAVanguard FTSE Developed Markets Index Fund ETF.VEACOMMENTDec 15, 2025

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.

$62.84

Stock price when the opinion was issued

$71.78

As of Jun 01, 2026. Market Open.

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

COMMENT
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.
COMMENT

VEA-N vs. VEU-N. VEA-N is the developed market index, excluding the US. VEU-N is the entire world, excluding the US. VT-N is his preference for the whole world.