VEU vs VOO
VEU vs VOO
Vanguard FTSE All World Ex US ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VEU delivered stronger 1-year returns. VEU offers more diversification with 2818 holdings.
Side-by-Side Comparison
| Metric | VEU | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.03% | |
| AUM | $67.3B | $979.0B | |
| Dividend Yield | 2.54% | 1.09% | |
| Holdings | 3,921 | 509 | |
| YTD Return | +13.93% | +13.31% | |
| 1Y Return | +29.24% | +24.01% | |
| 3Y Return (annualized) | +18.94% | +21.17% | |
| 5Y Return (annualized) | +9.28% | +13.34% | |
| Volatility (annualized) | 17.7% | 14.1% | |
| Max Drawdown | -62.8% | -34.3% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 2, 2007 | Sep 7, 2010 |
VEU vs VOO Performance
Vanguard FTSE All World Ex US ETF (VEU) is a ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year VEU returned +29.24% while VOO returned +24.01%. Year to date, VEU is up 13.93% versus a gain of 13.31% for VOO.
Over three years, VEU compounded at +18.94% per year against +21.17% for VOO; over five years the annualized figures are +9.28% and +13.34% respectively. Across the full 16-year window we track, VOO has the edge at +13.55% annualized vs +3.53%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VEU has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -62.8% for VEU and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VEU charges 0.04% per year while VOO charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, VEU currently yields 2.54% against 1.09% for VOO.
Holdings Overlap
VEU and VOO share 6 holdings out of 3317 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in VEU | Weight in VOO | Difference |
|---|---|---|---|
| SLB | 0.90% | 0.11% | 0.79% |
| ORCL | 0.01% | 0.39% | 0.38% |
| HBAN | 0.05% | 0.06% | 0.01% |
| IRM | Pro | Pro | Pro |
| KR | Pro | Pro | Pro |
| BG | Pro | Pro | Pro |
See all 6 holdings VEU shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, VEU or VOO?
VEU has an expense ratio of 0.04% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, VEU or VOO?
Over the past year VEU returned +29.24% vs +24.01% for VOO, so VEU leads on 1-year performance. Over the longest common window we track (16 years), VEU annualized +3.53% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, VEU or VOO?
VEU has been the more volatile fund at 17.7% annualized versus 14.1% for VOO. Worst drawdown: VEU -62.8% vs VOO -34.3%.
Should I hold both VEU and VOO?
VEU and VOO have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VEU and VOO?
VEU and VOO share 6 common holdings with a 0.3% weight overlap. Combined, they hold 3317 unique securities.
Which pays a higher dividend, VEU or VOO?
VEU yields 2.54% while VOO yields 1.09%, so VEU currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.