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The series' equity portfolio consists of two index funds: Vanguard Total Stock Market Index ... The US total stock market fund, for example, had a 6% allocation to small and micro-caps as of ...
However, the S&P 500's total return was still more than 3.6 times greater than the total return of the Vanguard FTSE Europe ETF. The Vanguard FTSE Europe ETF performed dismally in 2024.