If you own a US total market fund and call yourself diversified, the math says otherwise.
Farther Finance Advisors LLC boosted its stake in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) by 121.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,469 shares of the company's stock after purchasing an additional 6,845 shares during
Ameriprise Financial Inc. lifted its position in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) by 7.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,361,205 shares of the company's stock after purchasing an additional 508,997 shares during
The name Warren Buffett has become interchangeable with Berkshire Hathaway (NYSE:BRK-B ).
The iShares Core MSCI International Developed Markets ETF and Vanguard S&P 500 ETF offer attractive, low-cost ways to gain exposure to developed market equities. IDEV has outperformed VOO so far in 2025, breaking a trend of underperformance for international equities in the decade up to 2024. I believe IDEV's recent strong run was driven by a mix of low starting valuations and a weak U.S. dollar.
The iShares Core MSCI International Developed Markets ETF invests in developed markets outside the United States, mainly Japan, the UK, and Canada. IDEV has outperformed the SPY so far in 2025, benefitting from lower valuations and a weak U.S. dollar. I estimate that countries in which IDEV invests will deliver GDP growth of 1.05% in 2025, only marginally below the U.S. at 1.4%.
The iShares Core MSCI International Developed Markets ETF tracks developed market equities outside the US, mostly in Japan, the UK, and Canada. IDEV holdings trade at a circa 2% earnings yield discount relative to the S&P 500 and offer a higher dividend yield. GDP growth expectations for IDEV holdings are only 0.7% weaker than the US, indicating the discount is excessive.
US large-cap Tech momentum may shift to international markets. Consider iShares Core MSCI International Developed Markets ETF for diversified exposure. The IDEV ETF holds 2,224 well-diversified companies across 20 countries, with a low expense ratio and balanced sector allocations.