5 Best Index Funds Popular Among Reddit Investors

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In this article, we discuss the 5 best index funds popular among Reddit investors. If you want to read about other index funds gaining attention on Reddit, go to 10 Best Index Funds Popular Among Reddit Investors.

5. Vanguard Developed Markets Index Fund (NYSEARCA:VEA)

Net Assets: $146.07 billion

The Vanguard Developed Markets Index Fund (NYSEARCA:VEA) is an ETF founded in 2007. The fund replicates the performance of the FTSE Developed All Cap ex US Index. The index includes more than 4,100 small, medium and large-cap stocks belonging to various industries and is based in Canada, major European markets, and the Pacific region.

The Vanguard Developed Markets Index Fund (NYSEARCA:VEA) offers a dividend yield of 3.69% as of August 24. Experts term the ETF as well diversified in terms of its geographic and industrial exposure. The possibility of a recession looming in the U.S. makes this index fund an attractive investment opportunity among Reddit Investors.

The ETF provides 52.1%, 36.6%, and 10.5% exposure to the European, Pacific, and North American market, respectively. In terms of countries, the fund’s weighted exposure is the highest in Japan at 20.6%, followed by the UK and Canada at 13.6% and 10.5%, respectively. Experts believe that in terms of P/E multiple, the benchmark index of the ETF is trading at a discount of over 30% against the S&P 500 Index.

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