The ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad global equity index that focuses on providing coverage of developed markets, excluding the U.S. Currently, this ETF seeks to track the FTSE Developed All Cap ex US Index (or any successor thereto). It invests directly or indirectly primarily in large-, midand small-capitalization stocks of companies located in developed markets, excluding the U.S.