International Equity: Considerations and Recommendations

Looking at the brown line, representing a portfolio 4 > Vanguard Investment Counseling & Research Figure 4. Equity allocations of up to 40% to international stocks have historically reduced the volatility of a U.S. portfolio Annualized change in portfolio volatility when combining U.S. and international equities –1.5 –1.0 –0.5 0 0.5 1.0 1 ... ................
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