VANGUARD INTERNATIONAL CORE STOCK FUND
Actively managed developed international stock fund
As of its 2026 Q2 report, VANGUARD INTERNATIONAL CORE STOCK FUND held 92 positions with $10.31B in net assets. Its ten largest holdings made up 29.3% of the fund. The VZICX share class costs 0.38% a year. Over the 12 months to May 2026, VZICX returned 35.4%, with dividends reinvested. In 2026 Q2 it added 15 new positions and exited 20.
Vanguard International Core Stock Fund (the Fund) seeks to provide long-term capital appreciation.
The fund actively selects large- and mid-capitalization stocks from developed and emerging markets outside the United States, focusing on companies with strong management, disciplined capital allocation, and competitive advantages at reasonable valuations. The fund invests at least 80% of its assets in common stocks and is diversified across countries. Because returns depend on the advisor's security selections, the fund's performance will diverge from any benchmark index.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Taiwan Semiconductor Manufacturing Co Ltd | 6.24% | $643.06M | 8.2M | $78.89 |
Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 3.58% | $369.71M | — | — |
SSNLFSamsung Electronics Co Ltd | 3.40% | $351.01M | 1.6M | $221.90 |
SK hynix Inc | 3.16% | $325.72M | 184.6K | $1,764.58 |
ASMLFASML Holding NV | 3.16% | $325.45M | 164.4K | $1,980.18 |
Vanguard FTSE Developed Markets ETF | 2.67% | $275.76M | 3.9M | $71.25 |
AstraZeneca PLC | 2.05% | $211.57M | 1.1M | $186.70 |
UBS Group AG | 1.81% | $186.74M | 3.8M | $49.56 |
BNSThe Bank of Nova Scotia | 1.64% | $169.41M | 1.9M | $86.92 |
Tokyo Electron Ltd | 1.55% | $160.05M | 330.1K | $484.85 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 92 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 | 98.53% |
| Cash & short-term | 3.63% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
How it has done
VZICX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.62%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is 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 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.38% | +35.41% | +90.94% | +74.48% | -8.78% | |
| 0.47% | +35.33% | +90.32% | +73.55% | -8.79% |
These classes hold the same portfolio, so the 0.93pp spread over 5 years is the cost difference between them — roughly 0.19pp a year — not a difference in what they own.
Fees & fund details
VANGUARD INTERNATIONAL CORE STOCK FUND is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.38% – 0.47%· VZICX 0.38%
- Portfolio turnover
- 87.00% 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.
15 new· the largest 8
20 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — VZICX, QQQ and the fund in my 401(k)?”
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