VEA Stock Summary and Trading Ideas (Vanguard FTSE Developed Markets ETF | ARCA:VEA)

Vanguard FTSE Developed Markets ETF seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in Canada and the major markets of Europe and the Pacific region. The FTSE Developed All Cap ex US Index is a market-capitalization-weighted index that is made up of approximately 3,700 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region. The top countries represented include Japan, United Kingdom, Canada, France, Germany, Switzerland, and Australia.

Vanguard FTSE Developed Markets ETF trades on the ARCA stock market under the symbol VEA.

As of April 22, 2024, VEA stock price climbed to $48.38 with 9,305,646 million shares trading.

VEA has a beta of 0.94, meaning it tends to be less sensitive to market movements. VEA has a correlation of 0.69 to the broad based SPY ETF.

VEA has a market cap of $127.30 billion. This is considered a Large Cap stock.

In the last 3 years, VEA stock traded as high as $53.49 and as low as $35.43.

VEA stock has underperformed the market in the last year with a return of +8.2%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VEA shares. However, VEA has outperformed the market in the last 3 month and 2 week periods, returning +4.0% and -2.7%, while SPY returned +3.9% and -3.6%, respectively. This indicates VEA has been having a stronger performance recently.

VEA support price is $47.46 and resistance is $48.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VEA stock will trade within this expected range on the day.