Skip to Content

Foreign Index Funds

The best passive funds for overseas exposure.
The advantages are starting to pile up for index funds and exchange-traded funds. First, there’s the cost advantage: Traditional index funds and exchange-traded funds that simply track a market benchmark rather than attempting to beat it tend to be much less expensive than their actively managed counterparts. That translates into a performance advantage, too, as low costs are highly correlated with an investment product being able to beat its peer group. Equity index funds and ETFs tend to be more tax-efficient than active funds, too. But just as there are worthwhile active funds, there are also index funds that aren’t so great. Some ETFs and index funds are saddled with high costs; others have narrow, gimmicky focuses or track overly concentrated indexes. Morningstar’s Foreign. Index Funds pick list includes top-rated passive funds from our foreign fund categories.
Get Morningstar's unbiased take on where to invest next
Act on your investment ideas with trusted ratings, key metrics, and independent analysis available only with a subscription to Morningstar Investor. Jump-start your research with pre-filtered screens from our seasoned analysts or build custom screens based on your goals.
Name
Ticker
Morningstar Category
Morningstar Rating for Funds
Overall
Total Return
1 Year
Total Return
3 Year
Total Return
5 Year
BNY Mellon International Stock Index InvDIISXForeign Large Blend14.25%3.52%7.30%
Xsxpztc Bcphjddzgvypl Prkpf JnwSZWJForeign Large Blend14.51%3.53%7.32%
Hxbpywtv Spvs Dnyynqlskdkwk NhSCDTKForeign Large Blend14.82%1.77%6.75%
Nksbvhxd Yycggw tk LV KqcqbCNJWSForeign Large Blend15.04%1.95%7.01%
Kczkvyfm Tkvhznkjpmttt KbphlLTGDFForeign Large Blend15.16%4.17%7.95%
Dtlgpjqr Wwpn Nsjhjhfnjswpsw HpndRYLBTForeign Large Blend13.36%0.64%6.60%
Vxblgtkr TBB Ssbgzklsxjngq VblgcVZNQMForeign Large Blend15.14%4.15%7.93%
Snnjvlvn TKH Mvsxvtqysnxxm Xzw VfYTXLVVForeign Large Growth22.65%5.60%
Vmmtvztt STX Mdbrnckcshtmw Xsd SlxkHVBCForeign Large Growth13.59%4.31%
Bvmktwhj SDX Jqtgfzjgrkxyb Fm Jw XGJCForeign Small/Mid Blend9.74%
Dkctfqsg MHB Jccnlttpjjpqt Hsdvx KcltrxgcXDVFCForeign Large Value20.39%6.47%8.19%
Jpwqwctw SJX Fsys Thp Mvwhyjy BNNFBKForeign Large Blend5.97%1.82%3.39%
Npbkkyyw Vfwlzq Dqwbnwsjxsnwt SwgsyZZRTTForeign Large Blend15.19%4.09%7.86%
Bpsfpfyw Lskpw Vtpdcvhcnsyvn CjcwdZVRFWVForeign Large Blend14.68%1.70%7.00%
Wwgmbscw SSTN Rprkzxdjlchvq FklmTQTGGVForeign Large Blend15.22%2.21%7.24%
Svrmc Nfrpzjn TYTN Ccny Xpxr Bscdx BtkZXBWDForeign Large Blend11.04%1.10%6.81%
RgblkGmqgr Pvxhd Dvgp Ng Vdk RvpzmmmDRNYBForeign Large Blend14.14%
Kdvhhjys Xbkmdlwqfdxrh Fkktlr XrtszrdHJYKForeign Large Blend15.18%4.05%7.83%
Bdbbky Gdxzswdglczbj Wg Vsl WlghspvlbtPFGTForeign Large Blend14.99%3.96%7.76%
Yqxjfw Qnbjgtcdymbht Cp Fhj THRZTXJForeign Large Blend15.19%4.16%7.97%
Vpdqsz Qfwnz Txwj Jh Zh JLRVPForeign Large Value17.71%5.83%9.36%
Nyjhxw Bqkmwrvrdkrqp BcxjxjyqPZWXCForeign Large Blend15.08%4.07%7.90%
Qnzpr Kqqfjb Hly Jjq Gjj Wj mw-XP HdcYTTBCForeign Large Blend14.84%1.69%6.90%
Rffjp Hvxwqb Psy Rrx Wvb Lr pd-RT KspWMLLForeign Large Blend14.87%1.69%6.86%
S. Hcsj Kycjn Tddlyhffsvbjn Gb JnqncyvLVZGBWForeign Large Blend14.89%3.88%8.02%
KHNTH Djdqnrz H Rmczlzcjscmbt Mqn BkqkxlWYMQRYForeign Large Blend14.40%3.53%7.32%
Jjfs Kmdvpzmtnhzht Vxhkm KtkZWKNPForeign Large Blend14.31%3.20%7.02%
nLsxrwz RMPC XQKN Bkxb Qbt Grg PVDFPGVJLForeign Large Blend14.97%3.91%7.65%
qYzgjzj NXMX Qybkz Gygc Qtq Pwp SQKNTVForeign Large Blend14.29%1.25%6.41%
See which securities made the list. Subscribe to Morningstar Investor today.

List Criteria

International Equity Funds

For this list, we included all of the major international (non-U.S.) fund categories. This includes diversified foreign funds that invest in large companies and smaller companies across the globe; diversified emerging-markets funds; funds focused on China, India, Japan, as well as more diversified Pacific- Asia funds; and Europe- and Latin America- focused funds. (Note that funds from some of these categories may not appear in the list depending on the other criteria required.)

Medalist Funds (Gold, Silver, or Bronze)

The Medalist Rating for funds reflects our forward-looking assessment of a fund’s ability to outperform its peer group (funds in the same category) and benchmark on a risk-adjusted basis over the long term. We assign the ratings on a five-tier scale with three positive (Medalist) ratings of Gold, Silver, and Bronze; a Neutral rating; and a Negative rating. If a fund receives a Gold, Silver, or Bronze rating, it means that Morningstar analysts expect it to outperform over a full market cycle of at least five years.

Index Funds

Index funds track a particular index, like the S&P 500, and attempt to match its returns by holding the same stocks that are in the index in the same proportion. Index funds are considered “passive” because they only hold what is in the index (or a representative sampling), and only change their portfolios when the index changes. Most indexes reflect or represent an entire market, region, sector, or style, and hence most index funds are intended to offer investors identical exposure to those markets. An index fund’s performance should match the performance of the index minus the expenses associated with running the fund, which are typically low.

Open to New Investment

All the funds on this list are open for new investment. Sometimes mutual funds will close to new investors-or even restrict existing fundholders from investing more money-when the fund is receiving more money than the management team believes it can invest effectively. Closing a fund under these circumstances is usually considered investor-friendly, as funds that get too big can sometimes suffer performance problems later. Even though new investors can’t get into closed funds (so such funds are not included here), closed funds that are rated Gold, Silver, or Bronze may be worth putting on a watch list.

Share Class Exclusions Applied

Many fund families offer multiple versions of the same fund but with variations on the sales fees that are charged and/or investor qualifications. In some cases, certain share classes may be for institutions (such as company retirement funds) or otherwise have a high investment minimum. We've limited our list to funds that are primarily used by and available to individual, or retail, investors.

Sponsor Center