VEA, the Vanguard FTSE Developed Markets ETF, provides exposure to large- and mid-cap companies in developed markets outside North America, offering diversification and potential for growth as global economies recover. The fund's low expense ratio is a cost-effective way to gain international market exposure, benefiting long-term investors. Being sector diversified, it mitigates single-industry risks, appealing to more conservative growth-seeking investors. However, currency risk due to fluctuating exchange rates can impact returns, and geopolitical tensions may introduce volatility. Overall, VEA is a solid component of a diversified portfolio if you’re looking for international equity exposure with reasonable risk levels.