VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND
Developed international stock index ETF · tracks FTSE Global Small Cap ex US Index
As of its 2026 Q2 report, VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND held 4,832 positions with $13.88B in net assets. Its ten largest holdings made up 8.9% of the fund. The VSS share class costs 0.06% a year. Over the 12 months to May 2026, VSS returned 30.0%, with dividends reinvested. In 2026 Q3 it added 172 new positions and exited 155.
Vanguard FTSE All-World ex-US Small-Cap Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of stocks of international small-cap companies.
The fund tracks the FTSE Global Small Cap ex US Index using a sampling approach, holding a range of international small-cap stocks that approximate the full index in terms of key risk factors and characteristics. Because the fund samples rather than holds all index constituents, its returns may diverge from those of the Target Index.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 6.72% | $932.68M | — | — |
ATZAFAritzia Inc | 0.27% | $37.40M | 354.4K | $105.55 |
Accelleron Industries AG | 0.27% | $37.37M | 348.8K | $107.14 |
FINGFFinning International Inc | 0.26% | $35.57M | 485.7K | $73.24 |
Gaztransport Et Technigaz SA | 0.24% | $33.10M | 136.0K | $243.29 |
Macronix International Co Ltd | 0.24% | $32.86M | 6.6M | $5.00 |
HBMHudbay Minerals Inc | 0.23% | $32.59M | 1.4M | $23.13 |
Games Workshop Group PLC | 0.23% | $32.31M | 121.8K | $265.23 |
WinWay Technology Co Ltd | 0.23% | $31.43M | 93.5K | $336.25 |
Taiwan Union Technology Corp | 0.22% | $30.52M | 926.0K | $32.95 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 4,832 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.02% |
| Cash & short-term | 6.72% |
| Derivatives | 0.06% |
These positions come to 105.80% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Derivatives are shown at market value, not notional exposure.
How it has done
VSS share class · total returns with dividends reinvested
Volatility over the last 12 months: 15.98%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 3 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.08% | +29.96% | +66.04% | +36.62% | -12.14% | |
| 0.06% | +30.00% | +66.20% | +36.88% | -12.13% | |
| 0.16% | +29.87% | +65.72% | +36.22% | -12.16% |
These classes hold the same portfolio, so the 0.66pp spread over 5 years is the cost difference between them — roughly 0.13pp a year — not a difference in what they own.
Fees & fund details
VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND is a developed international equity index ETF that tracks the FTSE Global Small Cap ex US Index.
- Asset class
- Equity
- Region
- Developed international
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.06% – 0.16%· VSS 0.06%
- Portfolio turnover
- 27.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
172 new· the largest 8
155 exited· the largest 8
Understand how this fund fits with the rest.
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