Which returned more over the last year, EEM or VEU?

In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and VEU returned +22.9%, so EEM returned more. One year is one year; the longer windows are in the table.

Which is cheaper, EEM or VEU?

EEM charges 0.72% a year and VEU charges 0.04%, so VEU is cheaper. Fees come from each fund's prospectus.

How much do EEM and VEU overlap with the S&P 500?

By their latest filed holdings, 0% of EEM and 0% of VEU by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EEM vs VEU: how they differ

EEM and VEU hold 1% of their weight in the same names, and EEM returned more over the year.

iShares MSCI Emerging Markets ETF and Vanguard FTSE All-World ex-US Index Fund.

What they hold in common

By the books each fund has filed, EEM and VEU hold 1% of their money in the same securities at the same weight.

Positions EEM and VEU both hold, largest shared weight first
Holding	EEM	VEU
America Movil, S.A.B. de C.V.	0.18%	0.05%
State Bank of India	0.15%	0.05%
YUM CHINA HOLDINGS, INC.	0.12%	0.04%
Global Unichip Corp	0.10%	0.03%
Alteogen Inc	0.08%	0.03%
Piraeus Bank SA	0.10%	0.03%
Zhongji Innolight Co Ltd	0.09%	0.03%
Divi's Laboratories Ltd	0.07%	0.02%
SASOL LIMITED	0.06%	0.02%
Abu Dhabi Islamic Bank PJSC	0.07%	0.02%
Banco de Chile	0.07%	0.02%
eMemory Technology Inc	0.05%	0.02%

Largest positions each one holds and the other does not
Only in EEM	Only in VEU
Taiwan Semiconductor Manufacturing Compa 14.28%	Samsung Electronics Co Ltd 1.83%
SK hynix Inc. 6.65%	ASML Holding NV 1.45%
Tencent Holdings Limited 2.71%	SK hynix Inc 1.24%
Alibaba Group Holding Limited 2.08%	Tencent Holdings Ltd 0.97%
MediaTek Inc. 1.62%	HSBC Holdings PLC 0.81%
DELTA ELECTRONICS, INC. 1.17%	Alibaba Group Holding Ltd 0.76%
HON HAI PRECISION INDUSTRY CO., LTD. 0.90%	AstraZeneca PLC 0.73%
Samsung Electronics Co., Ltd. 0.85%	Novartis AG 0.73%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.

EEM and VEU on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	EEM iShares MSCI Emerging Markets ETF	VEU Vanguard FTSE All-World ex-US Index Fund
Where it sits	Core index fund	Core index fund
Issuer	iShares	Vanguard
What it is	Emerging markets	FTSE All-World ex-US
Total return, 1 year	+32.3%	+22.9%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+14.8 pts	+5.4 pts
Expense ratio	0.72%	0.04%
Already in the S&P 500	0.0%	0.0%
Holdings	1245	3860

EEM in plain words

EEM is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +32.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.72% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1245 positions, with the top ten at 38.9%. It sat 4.7% below its high of Jun 22, 2026 on Sep 11, 2026.

VEU in plain words

VEU is an index equity fund tracking the FTSE All-World ex-US. Over the year to Sep 11, 2026 it returned +22.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3860 positions, with the top ten at 13.6%.

Questions people ask

Which returned more over the last year, EEM or VEU?: In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and VEU returned +22.9%, so EEM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EEM or VEU?: EEM charges 0.72% a year and VEU charges 0.04%, so VEU is cheaper. Fees come from each fund's prospectus.
How much do EEM and VEU overlap with the S&P 500?: By their latest filed holdings, 0% of EEM and 0% of VEU by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

EEM against VEU, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EEM against VEU, data as of Sep 12, 2026. https://etfiq.com/compare/any/EEM-VEU Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources