# Vanguard FTSE All-World ex-US Index Fund Admiral Shares (VFWAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vfwax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: International Equity - Strategy: Passive Index · Inception: 2011-09-27 This index fund provides investors with an economical means of accessing international stock markets outside of the United States. It endeavors to mirror the performance of an index composed of companies from both established regions, including Europe, the Pacific, and Canada, as well as rapidly developing emerging economies. Beyond the inherent risks of equity investments, this fund is also susceptible to foreign exchange rate movements and country-specific geopolitical or economic risks. Its allocation to emerging markets means it may exhibit higher volatility when compared to other inter... ## Key Facts | Metric | Value | |---|---| | Price | $50.22 | | Expense Ratio | 0.08% | | Assets Under Management | $95.70B | | NAV | $50.11 | | Holdings Count | 3812 | | Distribution Yield (TTM) | 2.39% | | Annual Distribution (TTM) | $1.20 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $43.62 – $53.60 | | Beta | 0.91 | ## Latest Distribution - Amount: $0.1171 /share - Ex-date: 2026-09-18 - Pay date: 2026-09-21 ## Frequently Asked Questions ### What does VFWAX invest in? This index fund provides investors with an economical means of accessing international stock markets outside of the United States. It endeavors to mirror the performance of an index composed of companies from both established regions, including Europe, the Pacific, and Canada, as well as rapidly developing emerging economies. Beyond the inherent risks of equity investments, this fund is also susceptible to foreign exchange rate movements and country-specific geopolitical or economic risks. Its allocation to emerging markets means it may exhibit higher volatility when compared to other international funds. Patient investors aiming to diversify their portfolio with non-U.S. market exposure could consider this fund as a constituent of a broader investment strategy. ### What is the expense ratio of VFWAX? Vanguard FTSE All-World ex-US Index Fund Admiral Shares (VFWAX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VFWAX? Vanguard FTSE All-World ex-US Index Fund Admiral Shares (VFWAX) manages $95.70B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is VFWAX actively managed or an index fund? VFWAX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VFWAX's is 0.08%) because there's no security selection cost. ### When was VFWAX launched? Vanguard FTSE All-World ex-US Index Fund Admiral Shares (VFWAX) launched in September 2011 and is managed by Vanguard. ### How has VFWAX performed? VFWAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does VFWAX pay a dividend? Vanguard FTSE All-World ex-US Index Fund Admiral Shares (VFWAX) currently distributes little or no income. Trailing-twelve-month yield is 2.39%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VFWAX pay dividends? Vanguard FTSE All-World ex-US Index Fund Admiral Shares pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VFWAX's dividend yield? VFWAX's trailing-twelve-month yield is 2.39%, calculated from the sum of dividends over the past year divided by the current price. ### When is VFWAX's next ex-dividend date? The most recently announced ex-dividend date for VFWAX was 2026-09-18. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will VFWAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.08% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VFWAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VFWAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VFWAX cost more than a fund like VOO? VFWAX is a passive index fund (current expense ratio 0.08%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to VFWAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VFWAX (0.08%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vfwax - Distribution history: https://www.dividenddata.com/funds/vfwax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vfwax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vfwax/expenses - Peer comparison: https://www.dividenddata.com/funds/vfwax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.