While a "Total International Stock ETF" sounds like a good idea, the "total" part of the description means too much diversification that drags down performance. Investors looking to diversify outside of the U.S. equity asset class might consider the Vanguard Total International Stock ETF (NASDAQ:VXUS). Typical of Vanguard, one option to consider is the super low-cost VXUS ETF with an expense ratio of only 0.08%. In comparison, the Harbor International Fund (HAINX) has an expense ratio of 0.77% while the Fidelity Total International Fund (FTIEX) has an expense ratio of 1.2%. Summary & ConclusionWhile the Vanguard Total International Stock ETF is - in theory - a good idea, the "total" part of the description appears to be the problem: too much diversification - specifically too big an allocation to Europe.

Source: International New York Times November 10, 2020 00:11 UTC