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

ETFIQetfiq.com · independent ETF data

VEU vs VGSH: how they differ

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

Vanguard FTSE All-World ex-US Index Fund and Vanguard Short-Term Treasury Index Fund.

What they hold in common

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

Largest positions each one holds and the other does not
Only in VEUOnly in VGSH
Samsung Electronics Co Ltd 1.83%United States Treasury Note/Bond 2.26%
ASML Holding NV 1.45%United States Treasury Note/Bond 1.41%
SK hynix Inc 1.24%United States Treasury Note/Bond 1.36%
Tencent Holdings Ltd 0.97%United States Treasury Note/Bond 1.32%
HSBC Holdings PLC 0.81%United States Treasury Note/Bond 1.31%
Alibaba Group Holding Ltd 0.76%United States Treasury Note/Bond 1.30%
AstraZeneca PLC 0.73%United States Treasury Note/Bond 1.27%
Novartis AG 0.73%United States Treasury Note/Bond 1.27%

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.

VEU and VGSH on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VEU
Vanguard FTSE All-World ex-US Index Fund
VGSH
Vanguard Short-Term Treasury Index Fund
Where it sitsCore index fundCore index fund
IssuerVanguardVanguard
What it isFTSE All-World ex-USShort-Term Treasury
Total return, 1 year+22.9%+1.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.4 pts−15.7 pts
Expense ratio0.04%0.03%
Holdings386091

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%.

VGSH in plain words

VGSH is a bond fund tracking the Short-Term Treasury. Over the year to Sep 11, 2026 it returned +1.8% 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.

Questions people ask

Which returned more over the last year, VEU or VGSH?
In the year to Sep 12, 2026, with distributions reinvested, VEU returned +22.9% and VGSH returned +1.8%, so VEU returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VEU or VGSH?
VEU charges 0.04% a year and VGSH charges 0.03%, so VGSH is cheaper. Fees come from each fund's prospectus.

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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.

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

A comparison is not a recommendation. Standards and sources