FYI: Morningstar rates three exchange-traded funds in the foreign small/mid-blend Morningstar Category, and earlier this year the Morningstar Analyst Ratings for all three changed. iShares MSCI EAFE Small-Cap ETF (SCZ) dipped to Neutral from Bronze, Schwab International Small-Cap Equity ETF (SCHC) improved to Bronze from Neutral, and Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) was downgraded to Bronze from Silver. These changes were necessary to resolve previous inconsistencies in the application of the ratings framework across these three funds.
Regards,
Ted
https://www.morningstar.com/articles/881042/rating-foreign-smallcap-index-funds.html