Industry Distribution:

1. Technology: 25%
2. Healthcare: 15%
3. Financial Services: 12%

TOP 3 Markets:

1. USA: 70%
2. Canada: 20%
3. Mexico: 5%

The Vanguard FTSE North America UCITS ETF primarily invests in North American companies, with a focus on the USA. The technology sector dominates the industry distribution, reflecting the strong presence of major tech companies in the USA. Canada and Mexico complement the market share, with Canada holding a significant portion due to its stable economy and proximity to the USA.

Vanguard Funds Public Limited Company is a provider of investment funds and ETFs and does not produce physical products.

The company offers financial products that are structured in the form of funds and ETFs. These are not produced physically, but are assembled through the purchase and management of securities and other financial instruments. Vanguard is known for its low-cost index funds and ETFs that are globally invested.

Current Strategy: Diversification and Cost Efficiency
Focus Region: North America
Investment Approach: Passive Management

Vanguard Funds Public Limited Company pursues a strategy with the Vanguard FTSE North America UCITS ETF that focuses on diversification and cost efficiency. The ETF is designed to track the performance of the FTSE North America Index, which provides broad diversification across North American stocks.

The company's strategy focuses on passive management to offer investors a cost-effective way to invest in the North American market. Vanguard relies on low fee structures to maximize returns for investors.

Future growth is sought through expanding the product offering and entering new markets. Vanguard plans to strengthen its position in the ETF market through continuous innovation and adaptation to market trends. This includes integrating ESG criteria (Environmental, Social, and Governance) into their investment strategies to meet the increasing demands of sustainability-conscious investors.

Imported Raw Materials/Materials: No specific raw materials

Countries of Origin: Not applicable

The Vanguard FTSE North America UCITS ETF (LSE:VNRT) is an exchange-traded fund (ETF) that tracks the FTSE North America Index. ETFs invest in securities such as stocks, and not directly in physical commodities or materials. Therefore, the ETF itself does not import any raw materials or materials.

Instead, the ETF invests in a variety of companies operating in the North American market. These companies may import raw materials in their business activities, but the ETF itself does not have direct imports.

Assets Under Management (AUM): $5 billion (estimated, 2026)

Expense Ratio: 0.10% (2026)

The Vanguard FTSE North America UCITS ETF (LSE:VNRT) benefits from several competitive advantages. A key advantage is the low expense ratio of 0.10%, which is very competitive compared to many other ETFs in the market. This allows investors to have a cost-effective way to invest in the North American market.

Vanguard is known for its strong brand reputation and extensive experience in index funds. These factors help to gain and maintain the trust of investors. Additionally, the ETF manages a significant amount of assets, indicating broad acceptance and popularity among investors.

Another advantage is the diversification that the ETF provides by investing in a variety of companies in North America. This reduces the risk for investors and makes the ETF an attractive option for those seeking broad market coverage.

Overall, the Vanguard FTSE North America UCITS ETF is well positioned in the market due to its low costs, strong brand, and broad diversification, giving it a solid competitive advantage.

Institutional Investor Share: Estimated at around 70-80% (2026)

Insider Buys/Sells: No significant insider transactions known (2026)

The Vanguard FTSE North America UCITS ETF is a broadly diversified exchange-traded fund that invests in North American stocks. Due to its structure as an ETF, the share of institutional investors is typically high, as such funds are often used by institutional investors such as pension funds, insurance companies, and other large investors to achieve diversified market exposures.

Insider buys or sells are not relevant for ETFs, as it is a fund that tracks an index and not a single company with a specific management team or ownership structure. Therefore, there are no classic insider transactions as would be observed with individual companies.

Market share of Vanguard FTSE North America UCITS ETF: Approximately 5% (2026)

Top competitors and their market shares:

1. iShares Core S&P 500 ETF (IVV): 10%
2. SPDR S&P 500 ETF Trust (SPY): 9%
3. Invesco QQQ Trust (QQQ): 8%
4. Vanguard Total Stock Market ETF (VTI): 7%
5. Schwab U.S. Large-Cap ETF (SCHX): 6%
6. Vanguard FTSE North America UCITS ETF (VNRT): 5%
7. iShares Russell 1000 ETF (IWB): 4%
8. SPDR Dow Jones Industrial Average ETF Trust (DIA): 3%
9. iShares MSCI USA Min Vol Factor ETF (USMV): 3%
10. Vanguard Growth ETF (VUG): 2%

Moat Analysis:

The Vanguard FTSE North America UCITS ETF has a moderate moat, primarily supported by its cost-efficient structure and Vanguard's strong brand recognition. Vanguard is known for its low fees and broad diversification, making it attractive to many investors.

Compared to its competitors like iShares and SPDR, which also offer strong brands and extensive product ranges, Vanguard's moat is not significantly superior. iShares and SPDR often have the advantage of even broader acceptance and liquidity, especially among institutional investors.

Overall, Vanguard has a solid but not insurmountable moat compared to its competitors. Differentiation is mainly achieved through cost leadership and brand trust, while other providers may score with specialized products or higher liquidity.

Managed Assets: approximately 5 billion USD (2025) Annual Expense Ratio: 0.10% (2025) Historical Return (5 years): 8.5% p.a. (until 2025)

The Vanguard FTSE North America UCITS ETF is known for its broad diversification and low expense ratio of 0.10%, making it a cost-effective option for investors looking to invest in the North American market. With managed assets of around 5 billion USD, the ETF provides a solid foundation and liquidity.

The historical return of 8.5% per year over the last five years demonstrates a stable performance, attributed to the strong economic growth in North America. The ETF invests in a variety of sectors, diversifying the risk and reducing potential volatility.

Overall, the Vanguard FTSE North America UCITS ETF is an attractive option for investors looking to invest in the North American market long-term, especially due to its low costs and solid historical performance.

Dividend Yield: Estimate 1.5% - 2.0% (2026)

Payout Frequency: Quarterly

The Vanguard FTSE North America UCITS ETF (LSE:VNRT) is known for regularly distributing dividends. The dividend yield typically ranges from 1.5% to 2.0%, depending on the performance of the underlying North American stock markets.

Distributions are usually made quarterly, providing investors with a certain level of predictability and reliability. Vanguard is recognized as one of the largest and most reputable asset managers, contributing to the stability and reliability of dividend payments.

However, it is important to note that dividends depend on the performance of the companies included in the ETF and may therefore be subject to fluctuations. Investors should therefore keep an eye on market developments and the specific composition of the ETF.