FTSE Developed All Cap ex US Index

The  is a free-float, market-capitalization weighted index representing the performance of around 1380 large and mid cap companies in 23 developed markets, excluding the USA and Canada. The index is derived from the FTSE Global Equity Index Series. The index was launched on June 30, 2000 (base date May 31, 2000).

The index is tracked by the Vanguard Developed Markets index fund investor shares (VDVIX) and admiral shares (VTMGX); and the Vanguard FTSE Developed Markets ETF (VEA).

Methodology
FTSE index methodology is summarized in the table:

Country constituents
The table lists the twenty three national stock markets included in the index. As of June 2013, six countries (Japan, United Kingdom, France, Germany, Switzerland, and Australia) comprise two thirds of the index market capitalization. FTSE added Israel to the Developed ex North America Index in 2008 and South Korea to the index in 2009.

Annual returns
Annual returns for the index for the period 2003 - 2014 are included in the table below. Benchmark returns are adjusted for withholding taxes.