Exposures unpacked
When constructing portfolios, understanding the behaviour of an exposure matters as much as its label.
Our proprietary exposure analysis examines how core building blocks function across market environments, how they interact with other assets and what drives investment outcomes over time.
Each analysis is designed to support deliberate, evidence‑based portfolio decisions.
Why download and read
Go beyond headlines: Understand the structural drivers, risk characteristics and long‑term role of key exposures.
Build with intent: See how exposures contribute to diversification, income and portfolio resilience across cycles.
Focus on implementation: Explore index design choices and practical considerations that shape real‑world outcomes.
Insights for portfolio builders
Dividends
The role of dividend equities for income, resilience and long‑term total returns.
Global bonds
How global bond beta diversifies risk across regions and cycles.
US Treasuries
Yield curve dynamics, duration and how to access Treasuries through an ETF.
Meet the team
Head of Investment & Product Strategic Intelligence
Senior Investment Product Analyst
Investment Product Analyst
Investment risk information
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Important information
This is a marketing communication.
For professional investors only (as defined under the MiFID II Directive) investing for their own account (including management companies (fund of funds) and professional clients investing on behalf of their discretionary clients). In Switzerland for professional investors only. Not to be distributed to the public.
The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information does not constitute legal, tax, or investment advice. You must not, therefore, rely on it when making any investment decisions.
The information contained herein is for educational purposes only and is not a recommendation or solicitation to buy or sell investments.
Issued in EEA by Vanguard Group (Ireland) Limited which is regulated in Ireland by the Central Bank of Ireland.
Issued in Switzerland by Vanguard Investments Switzerland GmbH.
Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority.
© 2026 Vanguard Group (Ireland) Limited. All rights reserved.
© 2026 Vanguard Investments Switzerland GmbH. All rights reserved.
© 2026 Vanguard Asset Management, Limited. All rights reserved.