Get the weekly note

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

ETFIQetfiq.com · independent ETF data

VEA vs VO: how they differ

VEA and VO hold 0% of their weight in the same names, and VEA returned more over the year.

Vanguard Developed Markets Index Fund and Vanguard Mid-Cap Index Fund.

What they hold in common

By the books each fund has filed, VEA and VO hold 0% of their money in the same securities at the same weight.

Positions VEA and VO both hold, largest shared weight first
HoldingVEAVO
Waste Connections Inc0.13%0.41%
Sunbelt Rentals Holdings Inc0.09%0.30%
Largest positions each one holds and the other does not
Only in VEAOnly in VO
ASML Holding NV 2.37%Vertiv Holdings Co 1.23%
Samsung Electronics Co Ltd 1.56%Western Digital Corp 1.07%
SK hynix Inc 1.40%Seagate Technology Holdings PLC 1.05%
HSBC Holdings PLC 1.01%Quanta Services Inc 1.05%
Novartis AG 0.91%Howmet Aerospace Inc 1.04%
Royal Bank of Canada 0.90%Cummins Inc 0.95%
AstraZeneca PLC 0.87%Datadog Inc 0.84%
Nestle SA 0.82%Bloom Energy Corp 0.79%

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 Jun 30, 2026.

VEA and VO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VEA
Vanguard Developed Markets Index Fund
VO
Vanguard Mid-Cap Index Fund
Where it sitsCore index fundCore index fund
IssuerVanguardVanguard
What it isDeveloped markets ex USMid-Cap
Total return, 1 year+24.5%+12.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+7.0 pts−5.5 pts
Expense ratio0.03%0.03%
Already in the S&P 5000.0%91.4%
Holdings3870282

VEA in plain words

VEA is an index equity fund tracking the Developed markets ex US. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3870 positions, with the top ten at 13.2%.

VO in plain words

VO is an index equity fund tracking the Mid-Cap. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 282 positions, with the top ten at 9.6%. It sat 4.1% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, VEA or VO?
In the year to Sep 12, 2026, with distributions reinvested, VEA returned +24.5% and VO returned +12.0%, so VEA returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VEA or VO?
VEA charges 0.03% a year and VO charges 0.03%, so VEA is cheaper. Fees come from each fund's prospectus.
How much do VEA and VO overlap with the S&P 500?
By their latest filed holdings, 0% of VEA and 91% of VO by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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.

VEA against VO, 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, VEA against VO, data as of Sep 12, 2026. https://etfiq.com/compare/any/VEA-VO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources