Is The Vanguard Total International Stock Index Fund ETF Still a Buy?

The answer, dear reader, is yes, but with caution. The global stock market, much like the twilight of a bygone era, offers solace and skepticism in equal measure. The valuation of international stocks currently stands at a mere 16.2 times earnings-almost half that of the S&P 500, which lingers at a lofty 28 times. The numbers sing a song of disparity, but they are not merely the result of market missteps. No, they reflect deeper, more immutable truths about the economic landscape. One must understand why such a gap exists before indulging in the temptation to close it, to understand not only what has changed, but why the winds of fortune have shifted so abruptly in 2025.








