FTSE Emerging Markets Index ETF Review (VEE) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 78/100
This equity ETF has an MER of 0.29%. With lower than average fees, it’s a cost-effective option. Managing 283 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

VEE trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The FTSE Emerging Markets Index (VEE) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the FTSE Emerging Markets Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.29%. This ETF trades on the TSX exchange.

VEE stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $283MM

Expense Ratio: 0.29%

Price: $33.86 (Updated: 3/7/2024)



FTSE Emerging Markets Index (VEE) Breakdown by Market Cap

CategoryValue
Mega41.35189
Big31.78504
Medium17.56471
Small3.52633
Micro0.48798

FTSE Emerging Markets Index (VEE) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials8.706875.93163
Consumer Cyclicals12.5016712.6229
Financial Services21.5089523.78105
Real Estate2.760011.75479
Communication Services8.428458.79059
Energy5.642813.66103
Industrials8.217446.12567
Technology17.8557124.29453
Consumer Defensive6.290188.24063
Healthcare4.582723.74671
Utilities3.505191.05046

FTSE Emerging Markets Index (VEE) Geographic Breakdown

RegionEquity %Relative to Category
North America0.1951.013
United Kingdom02.01932
Europe Developed0.6881.496
Europe Emerging1.61.452
Africa/Middle East11.4325.413
Japan00.026
Australasia00
Asia Developed19.12429.921
Asia Emerging56.29745.492
Latin America10.66513.167

VEE Management Expense Ratio

VEE has a management expense ratio of  0.29% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  FTSE Emerging Markets Index TSX ETF

You can buy  VEE on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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