VEU vs VTIAX

Quick Verdict

VEU has a lower expense ratio. VEU delivered stronger 1-year returns. VTIAX offers more diversification with 8498 holdings.

Lower Fees: VEUHigher Returns: VEUMore Diversified: VTIAX

Side-by-Side Comparison

MetricVEUVTIAXWinner
Expense Ratio0.04%0.09%
AUM$67.3B$104.1B
Dividend Yield2.54%2.52%
Holdings3,9218,762
YTD Return+12.11%+10.81%
1Y Return+27.42%+23.78%
3Y Return (annualized)+18.50%+13.72%
5Y Return (annualized)+8.98%+5.28%
Volatility (annualized)17.7%15.8%
Max Drawdown-62.8%-32.4%
Fund FamilyVanguard (US)Vanguard (US)
CategoryEquityEquity
InceptionMar 2, 2007Nov 29, 2010

VEU vs VTIAX Performance

Vanguard FTSE All World Ex US ETF (VEU) is a ETF from Vanguard (US) and Vanguard Total International Stock Index Fund Admiral (VTIAX) is a mutual fund from Vanguard (US). Over the past year VEU returned +27.42% while VTIAX returned +23.78%. Year to date, VEU is up 12.11% versus a gain of 10.81% for VTIAX.

Over three years, VEU compounded at +18.50% per year against +13.72% for VTIAX; over five years the annualized figures are +8.98% and +5.28% respectively. Across the full 5-year window we track, VTIAX has the edge at +5.28% annualized vs +3.44%. 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 15.8% for VTIAX. 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 -32.4% for VTIAX. 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

VEU charges 0.04% per year while VTIAX charges 0.09%. On a $10,000 position that is $4 vs $9 annually, a gap of $5 per year that compounds over a long holding period. On income, VEU currently yields 2.54% against 2.52% for VTIAX.

Holdings Overlap

67.3%overlap

VEU and VTIAX share 2515 holdings out of 8801 unique holdings combined, representing a 67.3% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in VEUWeight in VTIAXDifference
2330:TW3.73%3.24%0.49%
ASML:AS1.41%1.36%0.05%
0700:HK1.00%1.15%0.15%
000660:KRProProPro
9988:HKProProPro
ROG:SMProProPro
HSBA:LNProProPro
NOVN:SMProProPro
AZN:LNProProPro
NESN:SMProProPro
See all 10 holdings VEU shares with VTIAX
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, VEU or VTIAX?

VEU has an expense ratio of 0.04% while VTIAX charges 0.09%. VEU is the cheaper option. On a $10,000 investment, that is $5 per year of difference.

Which performed better, VEU or VTIAX?

Over the past year VEU returned +27.42% vs +23.78% for VTIAX, so VEU leads on 1-year performance. Over the longest common window we track (5 years), VEU annualized +3.44% vs +5.28% for VTIAX. Past performance does not guarantee future results.

Which is riskier, VEU or VTIAX?

VEU has been the more volatile fund at 17.7% annualized versus 15.8% for VTIAX. Worst drawdown: VEU -62.8% vs VTIAX -32.4%.

Should I hold both VEU and VTIAX?

VEU and VTIAX have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between VEU and VTIAX?

VEU and VTIAX share 2515 common holdings with a 67.3% weight overlap. Combined, they hold 8801 unique securities.

Which pays a higher dividend, VEU or VTIAX?

VEU yields 2.54% while VTIAX yields 2.52%, so VEU currently pays the higher dividend yield.

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