Certainly has. However, past performance isn’t a good indication of future performance. Plenty of massive companies all around the world that are continuing to grow.

Used to be where if the US markets are performing poorly, the whole world followed. It’s no longer that way, European and Asian markets operate independently. An example is during Covid, the US struggled to obtain micro chips and various supplies since we rely heavily on foreign goods.

Again, VTSAX is diverse and a viable option. I’ll stay more diversified since I cannot predict the future.