U.S. Exceptionalism May Have Peaked, According to Fidelity. Here's One Global ETF Worth Looking At.
2026-05-28 17:20:00 ET
For most of the 16 years since the end of the global financial crisis, the U.S. stock market has been perhaps the best place to invest. American companies from Silicon Valley to Wall Street have generated high profits, fast growth, and strong returns.
America's democracy, rule of law, leadership in science and innovation, and strong independent institutions like the Federal Reserve have created an investor-friendly climate. And people from around the world have wanted to send their money to America. Investors in U.S.-allied countries like Japan and Canada have bought significant amounts of U.S. stocks and bonds.
U.S. stocks have generally outperformed the rest of the world's. This trend in markets has been called "U.S. exceptionalism." You can see it by looking at the past 15 years of S&P 500 index returns vs. the returns of the Vanguard Total International Stock ETF (NASDAQ: VXUS) :
NASDAQ: IXUS
IXUS Trading
-3.21% G/L:
$93.91 Last:
1,074,712 Volume:
$95.52 Open:
