These Developed Markets Outside US Are Getting Bullish: Here's What VEA ETF Technical Chart Shows
These Developed Markets Outside US Are Getting Bullish: Here's What VEA ETF Technical Chart Shows
The Vanguard FTSE Developed Markets ETF (NYSE:VEA) just formed a Golden Cross on the technical charts. Developed markets, outside the U.S., hope for a bullish price trend ahead.
Vanguard富時發達市場ETF（紐約證券交易所代碼：VEA）剛剛在技術圖表上形成了金十字勳章。美國以外的發達市場希望未來出現看漲的價格走勢。
The VEA ETF: The VEA ETF tracks the FTSE Developed ex-U.S. All Cap Net Tax (US RIC) Index. It offers exposure to developed markets outside of North America, including:
VEA ETF：VEA ETF追蹤除美國以外的富時開發指數所有市值淨稅（美國 RIC）指數。它爲北美以外的發達市場提供了機會，包括：
- Europe (~53%)
- Japan (20%)
- Australia (6%).
- 歐洲（約 53%）
- 日本（20%）
- 澳大利亞 (6%)。
In essence, it is an investment vehicle popularly used to get overweight ex-U.S. developed markets.
從本質上講，它是一種投資工具，通常用於增持美國以外的發達市場。
Currently, 70% of the ETF is invested in large-cap stocks, with the financial sector being the dominating sector at 21.62%.
目前，ETF的70％投資於大盤股，其中金融板塊占主導地位，爲21.62％。
The VEA ETF trumps the iShares MSCI EAFE ETF (NYSE:EFA) in depth of holdings and cost efficiency. While the VEA is invested across 4,500 holdings, the EFA portfolio is spread across 1,000 holdings. The VEA has an expense ratio of 0.05% versus the EFA which charges 0.35%.
VEA ETF在持股深度和成本效率方面勝過iShares MSCI EAFE ETF（紐約證券交易所代碼：EFA）。雖然VEA投資於4500個持股，但EFA投資組合分佈在1,000個持股中。VEA的支出比率爲0.05％，而EFA的費用比率爲0.35％。
"Japanese stocks remain attractive, given rerating potential driven by corporate governance reforms," John Bilton, head of Global Multi-Asset Strategy at JPMorgan, said.
摩根大通全球多資產策略主管約翰·比爾頓表示：“鑑於公司治理改革推動的重新評級潛力，日本股市仍然具有吸引力。”
For the first quarter of 2024, Bilton expects to see U.K. equity as cheap and supported by valuations and flows.
比爾頓預計，在2024年第一季度，英國股票價格低廉，並得到估值和流量的支持。
"It is a defensive market; with a positive gearing towards commodities," he added.
他補充說：“這是一個防禦性市場；對大宗商品的利率爲正。”
Wells Fargo has a year-end 2024 target of 2,000-2,200 for the MSCI EAFE Index which tracks the developed markets ex-U.S. and Canada. The investment firm said they "prefer developed-market over emerging-market equities."
富國銀行將追蹤除美國和加拿大以外的發達市場的摩根士丹利資本國際EAFE指數的目標定爲2024年底2,000-2,200。該投資公司表示，他們 “更喜歡發達市場而不是新興市場股票。”
Compelling alternatives to the VEA ETF include: the Vanguard Total International Stock ETF (NASDAQ:VXUS) and the RAFI-weighted Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSE:PXF) (which also includes Canadian stocks).
VEA ETF的引人注目的替代品包括：Vanguard Total International Stock ETF（納斯達克股票代碼：VXUS）和RAFI加權的景順富時RAFI除美國以外的發達市場ETF（紐約證券交易所代碼：PXF）（其中還包括加拿大股票）。
The VEA Chart: The VEA technical price chart indicates a Golden Cross forming. The 50-day SMA can be seen crossing over the 200-day SMA, indicating a bullish trend kicking in.
VEA圖表：VEA技術價格圖表顯示了金十字形的形成。可以看到50天均線突破了200天均線，這表明看漲趨勢開始了。
At a P/E ratio of 12.97, investors in developed markets may find the VEA particularly attractive.
市盈率爲12.97，發達市場的投資者可能會發現VEA特別有吸引力。
Now Read: Earnings Season Preview – How Will Corporate Profit Outlooks Impact Markets In 2024?
立即閱讀：業績季預覽——企業利潤前景將如何影響2024年的市場？
Image: Shutterstock
圖片：Shutterstock