VZICX
VANGUARD INTERNATIONAL CORE STOCK FUND
VANGUARD HORIZON FUNDS
Expense ratio1
0.38%
Net assets2
$7.92B
Holdings2
96
Category
International Equity
2025 return3
38.51%

Investment objective & strategy

As of Jan. 28, 2026 · prospectus

Objective. Vanguard International Core Stock Fund (the Fund) seeks to provide long-term capital appreciation.

Strategy. The Fund employs an active management approach. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in common stocks. The Fund invests predominantly in stocks of companies located outside the United States that the advisor believes offer a good balance between reasonable valuations and attractive growth prospects relative to their peers. The Fund is expected to diversify its assets in countries across developed and emerging markets. In selecting stocks, the advisor evaluates foreign markets around the world and chooses large- and mid-capitalization companies based on its assessment of each companys management teams, capital allocation, and competitive advantage. The Fund employs an active management approach. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in common stocks. The Fund invests predominantly in stocks of companies located outside the United States that the advisor believes offer a good balance between reasonable valuations and attractive growth prospects relative to their peers. The Fund is expected to diversify its assets in countries across developed and emerging markets. In selecting stocks, the advisor evaluates foreign markets around the world and chooses large- and mid-capitalization companies based on its assessment of each companys management teams, capital allocation, and competitive advantage.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
TSMC $393.23M 4.96%
ASML HOLDING NV $187.95M 2.37%
SAMSUNG ELECTRON $167.38M 2.11%
SHELL PLC $165.34M 2.09%
TENCENT $160.81M 2.03%
GSK PLC $143.62M 1.81%
Vanguard Tax Managed Funds FTSE DEVELOPED MKTS ETF VEA US $133.58M 1.69%
EQUINOR ASA $126.32M 1.59%
SHIN-ETSU CHEM $125.79M 1.59%
ASTRAZENECA PLC $124.89M 1.58%
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Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
15
Exited
16
Increased
57
Decreased
24
Unchanged
1

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
NYLI WMC International Research Equity Fund · MYINX, MYITX, MYICX, MYIIX 37% 0.86%
HARTFORD INTERNATIONAL OPPORTUNITIES HLS FUND · HIAOX, HBIOX 34% 0.77%
THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND · IHOAX, HIOCX, HAOYX, IHORX, IHOSX, IHOTX, IHOIX, IHOVX, IHOFX 30% 0.69%
View all similar funds →

Advisers

As of September 30, 2025 · N-CEN
FirmRole
Wellington Management Company LLP Adviser

Footnotes

  1. Expense ratio as of January 28, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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