The fund’s goal is to follow the MSCI ACWI ex USA IMI Index rom emerging and developed countries.
The fund doesn’t include stocks from the United States. Instead, it focuses on emerging and developed markets outside the US.
The IXUS follows the MSCI ACWI ex USA IMI Index with a similar approach to VXUS but with one difference; the number of stocks held in VXUS is double what is held in IXUS.
The expense ratio of VXUS is 0.08% while IXUS has an expense fee of 0.09%.
Various studies show that international exposure can help mitigate certain risks associated with a local fund, and it also opens up the possibility of better returns in the long term.