Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VEU vs XLF: how they differ
VEU and XLF 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) Financial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, VEU and XLF hold 0% of their money in the same securities at the same weight.
| Only in VEU | Only in XLF |
|---|---|
| Samsung Electronics Co Ltd 1.83% | Berkshire Hathaway Inc 12.10% |
| ASML Holding NV 1.45% | JPMorgan Chase & Co 11.57% |
| SK hynix Inc 1.24% | Visa Inc 7.51% |
| Tencent Holdings Ltd 0.97% | Mastercard Inc 5.47% |
| HSBC Holdings PLC 0.81% | Bank of America Corp 4.91% |
| Alibaba Group Holding Ltd 0.76% | Goldman Sachs Group Inc/The 3.94% |
| AstraZeneca PLC 0.73% | Wells Fargo & Co 3.34% |
| Novartis AG 0.73% | Morgan Stanley 3.31% |
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 Vanguard FTSE All-World ex-US Index Fund | XLF State Street(R) Financial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | State Street |
| What it is | FTSE All-World ex-US | Financials |
| Total return, 1 year | +22.9% | +7.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | −9.9 pts |
| Expense ratio | 0.04% | 0.08% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 3860 | 76 |
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%.
XLF in plain words
XLF is an index equity fund tracking the Financials. Over the year to Sep 11, 2026 it returned +7.6% 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 76 positions, with the top ten at 57.7%.
Questions people ask
- Which returned more over the last year, VEU or XLF?
- In the year to Sep 12, 2026, with distributions reinvested, VEU returned +22.9% and XLF returned +7.6%, so VEU returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VEU or XLF?
- VEU charges 0.04% a year and XLF charges 0.08%, so VEU is cheaper. Fees come from each fund's prospectus.
- How much do VEU and XLF overlap with the S&P 500?
- By their latest filed holdings, 0% of VEU and 100% of XLF 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.
Cite this page. ETFIQ, VEU against XLF, data as of Sep 12, 2026. https://etfiq.com/compare/any/VEU-XLF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources