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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 XLC: how they differ

VEU and XLC 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 State Street(R) Communication Services Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, VEU and XLC 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 XLC
Samsung Electronics Co Ltd 1.83%Meta Platforms Inc 19.93%
ASML Holding NV 1.45%Alphabet Inc 13.10%
SK hynix Inc 1.24%Alphabet Inc 10.44%
Tencent Holdings Ltd 0.97%Take-Two Interactive Software Inc 5.26%
HSBC Holdings PLC 0.81%Netflix Inc 4.84%
Alibaba Group Holding Ltd 0.76%Comcast Corp 4.71%
AstraZeneca PLC 0.73%Warner Bros Discovery Inc 4.67%
Novartis AG 0.73%Electronic Arts Inc 4.64%

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 Jun 30, 2026.

VEU and XLC on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VEU
Vanguard FTSE All-World ex-US Index Fund
XLC
State Street(R) Communication Services Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssuerVanguardState Street
What it isFTSE All-World ex-USCommunication services
Total return, 1 year+22.9%−2.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.4 pts−19.5 pts
Expense ratio0.04%0.08%
Already in the S&P 5000.0%100.0%
Holdings386023

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%.

XLC in plain words

XLC is an index equity fund tracking the Communication services. Over the year to Sep 11, 2026 it returned −2.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 23 positions, with the top ten at 76.2%. It sat 5.7% below its high of Jan 30, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, VEU or XLC?
In the year to Sep 12, 2026, with distributions reinvested, VEU returned +22.9% and XLC returned −2.0%, so VEU returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VEU or XLC?
VEU charges 0.04% a year and XLC charges 0.08%, so VEU is cheaper. Fees come from each fund's prospectus.
How much do VEU and XLC overlap with the S&P 500?
By their latest filed holdings, 0% of VEU and 100% of XLC 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.

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

A comparison is not a recommendation. Standards and sources