Industry Distribution:

1. Finance: 24%
2. Information Technology: 21%
3. Consumer Goods: 15%

TOP 3 Markets:

1. China: 35%
2. India: 15%
3. Taiwan: 12%

The Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) invests in a broad range of companies from emerging markets. The largest shares come from the finance and information technology sectors, reflecting the importance of these sectors in the emerging markets.

China remains the dominant market, followed by India and Taiwan, highlighting the economic size and growth potential of these countries. These markets offer a variety of investment opportunities, especially in the technology and consumer goods sectors.

Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF invests in a variety of companies in emerging markets and tracks the FTSE Emerging Markets All Cap Index. Therefore, Vanguard itself does not produce products but offers financial services, particularly in the area of asset management.

Vanguard is known for its low-cost index funds and ETFs that provide investors with access to diversified portfolios. The focus is on fund management rather than the production of physical goods.

Current Strategy: Diversification and Cost Efficiency
Focus on Emerging Markets: Broad Coverage
Expense Ratio: 0.24% (2023)

Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) pursues a strategy of broad diversification in emerging markets to benefit from their growth potential. The ETF invests in a variety of companies of different sizes and industries within these markets, which diversifies the risk and increases the chances of returns.

Another key aspect of the strategy is cost efficiency. With a low expense ratio of 0.24% (as of 2023), the ETF provides a cost-effective way to invest in emerging markets. This is particularly attractive for long-term investors who want to benefit from the growth opportunities in these markets.

Vanguard also relies on a passive investment strategy that aims to replicate the performance of the underlying index. This allows the ETF to minimize volatility while benefiting from the positive developments in emerging markets.

Current data on imports: Not specifically available for VEE (2026).

The Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) is an exchange-traded fund that tracks the performance of stocks from emerging markets. As such, the ETF itself does not import any commodities or materials, as it only holds financial investments in the form of stocks.

However, the companies in which the ETF invests may import commodities and materials. These imports vary greatly depending on the industry and region. Commonly imported commodities in emerging markets include:

• Energy: Oil and gas, often from countries like Saudi Arabia or Russia.
• Metals: Copper, iron, and aluminum, frequently from countries like Chile, Australia, or Brazil.
• Agricultural products: Soybeans, corn, and wheat, often from the USA, Brazil, or Argentina.

For precise information on the commodity imports of individual companies within the ETF, a detailed analysis of the largest positions in the fund would be necessary.

Assets Under Management (AUM): $10 billion USD (estimated, 2026)
Expense Ratio: 0.24% (2026)
Market Share in Emerging Markets ETFs: 15% (estimated, 2026)

The Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) has a significant competitive advantage due to its size and cost-efficient structure. With an estimated assets under management of $10 billion USD, the ETF is one of the larger players in the emerging markets ETF space. This enables economies of scale, leading to a low expense ratio of 0.24%, which is very competitive compared to many competitors.

Another advantage is the broad diversification that the ETF offers by investing in a variety of companies in emerging markets. This reduces the risk for investors and makes the ETF an attractive option for those looking to invest in these markets.

Additionally, the ETF benefits from Vanguard's strong brand and distribution network, one of the largest asset managers globally, which strengthens investor confidence and leads to a stable inflow of capital.

Institutional Investor Share: Estimated 60-70% (2026)
Insider Buys/Sells: No significant insider transactions reported (2026)

The Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) is a broadly diversified ETF that invests in emerging markets. Institutional investors typically hold a high share of such ETFs as they provide a cost-effective way to invest in a variety of emerging countries. The estimated share of 60-70% reflects the interest of institutional investors who are betting on long-term growth opportunities in these markets.

Insider transactions are less relevant for ETFs as they represent a basket of stocks rather than a single company. Therefore, there are usually no significant insider buys or sells that would need to be reported.

Market share of Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE): Estimate: approx. 10% (2026)

Top competitors and their market shares (estimated):

1. iShares MSCI Emerging Markets ETF (EEM) - approx. 15%
2. Schwab Emerging Markets Equity ETF (SCHE) - approx. 12%
3. SPDR Portfolio Emerging Markets ETF (SPEM) - approx. 11%
4. iShares Core MSCI Emerging Markets ETF (IEMG) - approx. 10%
5. Vanguard FTSE Emerging Markets ETF (VWO) - approx. 9%
6. Invesco Emerging Markets Sovereign Debt ETF (PCY) - approx. 8%
7. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) - approx. 7%

The Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) holds a significant market share in the field of Emerging Markets ETFs, but not a dominant one. The market is highly fragmented, with several major players holding similar market shares.

VEE's moat lies in its broad diversification and cost-effective fee structure, which Vanguard traditionally offers. This attracts long-term investors who value stability and low costs. However, the moat is not unique, as other providers like iShares and Schwab also offer similar advantages.

Overall, the competing companies have comparable moats, especially through their established brands and the variety of ETFs offered. Competition is intense, and a company's advantage often depends on specific investment strategies and cost structures.

Assets under Management (AUM): 5.2 billion USD (2025)

Annual Expense Ratio: 0.24% (2025)

Diversification: Over 5,000 stocks in more than 20 countries

The Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) offers broad diversification across emerging markets, reducing the risk of individual market volatilities. With over 5,000 stocks in more than 20 countries, the ETF is well positioned to benefit from growth opportunities in emerging markets.

The annual expense ratio of 0.24% is relatively low, making the ETF a cost-effective way to invest in emerging markets. This is particularly advantageous for long-term investors looking to capitalize on growth opportunities in these markets.

The assets under management (AUM) of 5.2 billion USD indicate strong investor interest and suggest solid liquidity. This can be beneficial for investors seeking a stable and widely spread investment vehicle.

Overall, the ETF provides an attractive opportunity for investors looking to participate in the long-term development of emerging markets without focusing on individual stocks or countries.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Quarterly payout

The Vanguard FTSE Emerging Markets All Cap Index ETF (TSX:VEE) regularly pays dividends, typically on a quarterly basis. The dividend yield for 2026 is estimated to be around 2.5%, based on historical payouts and current market trends.

The reliability of the payout depends on the performance of the underlying companies in the ETF, which operate in emerging markets. These markets can be more volatile than developed markets, leading to fluctuations in dividends. Nevertheless, the ETF has historically maintained a relatively stable dividend policy.