International ETFs like FDT, IDV, FDTS, EFAS & FLEU soared as investors pivot from pricey and uncertain policy-driven U.S. markets to undervalued international plays.
Now in the home stretch of Q3, international stocks have had a banner year in 2025. Whereas the United States' S&P 500 is currently up 12.7% year to date, the MSCI All World Ex. US ETFs have gained well over 24% in that same span. Italy (EWI) is up over 45% on a year to date basis. That puts it on pace for the ETF's largest annual gain on record (it began trading in March 1996) if it holds.
ACWX offers broad, diversified exposure to non-US equities, providing a valuable tool for geographic diversification without overlapping US holdings. The ETF boasts strong liquidity and reasonable expenses, outperforming many peers in cost and tradability, making it a practical choice for international allocation. Shifting macroeconomic trends, including US policy uncertainty and improving international growth, support increasing non-US equity exposure for better risk-adjusted returns.
| NASDAQ (NMS) Exchange | US Country |
The company in question specializes in providing investment solutions that aim to replicate the performance of a specific financial index, which in this case, is a free float-adjusted market capitalization-weighted index. This index is unique in that it encompasses equity market performances from both developed and emerging markets around the world, explicitly excluding the United States. The strategic focus of investing at least 80% of its assets into the securities that make up the underlying index, as well as into investments closely mirroring the economic characteristics of these securities, highlights the company's commitment to this particular investment approach.
The company's products and services revolve around offering investment vehicles that closely track the performance of the predefined index. These are designed to make global equity markets accessible to investors, excluding investments in the U.S. market. Here is a closer look at the offerings: