FEOE vs VEU: Differences, Returns & Fees

FEOE and VEU hold 9% of their weight in the same names, and FEOE returned +20.2% over the year. Net assets: $1.3bn on May 31, 2026 for First Eagle Overseas Equity ETF, and $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF.

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Answers cite the figures on this page.

VEU costs 0.46 points a year less; their one-year returns differ by 5.1 points.

FEOE vs VEU: Differences, Returns & Fees
FEOEVEU
Expense ratio0.50%0.04%
Net assets, FEOE as of May 31, 2026 and VEU as of Sep 30, 2026$1.3bn$68.1bn
Total return, 1 year+20.2%+15.1%
What it tracksnot publishedFTSE All-World ex US Index
Holdings in common9%
Top ten holdings, share of the fund30.4%15.2%
Below its high5.1%, high on Sep 4, 2026

Holdings in common uses holdings dated May 31, 2026 and Sep 30, 2026.

+20.2%
FEOE total return, 1 year
+15.1%
VEU total return, 1 year
0.50%
FEOE expense ratio
0.04%
VEU expense ratio

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What they hold in common

By the books each fund has filed, FEOE and VEU hold 9% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Sep 30, 2026.

half

9% in common

Positions both hold, largest shared weight first
Holding FEOE VEU
Samsung Electronics Co Ltd 5.52% 2.24%
Shell PLC 3.95% 0.68%
Alibaba Group Holding Ltd 1.25% 0.63%
Nestle SA 1.89% 0.58%
Unilever PLC 1.59% 0.31%
Cie Financiere Richemont SA 2.32% 0.28%
British American Tobacco PLC 3.80% 0.27%
LVMH Moet Hennessy Louis Vuitt 2.71% 0.27%
AIA Group Ltd 1.00% 0.24%
Keyence Corp 1.53% 0.24%
Agnico Eagle Mines Ltd 0.51% 0.23%
Lloyds Banking Group PLC 1.28% 0.20%
Only in FEOE
Fomento Economico Mexicano SAB 2.25%
TSMC 1.94%
Newmont Corp 1.47%
Willis Towers Watson PLC 1.12%
Itausa SA 0.99%
Philip Morris International In 0.85%
Berkeley Group Holdings PLC 0.81%
OBIC Bus Consult 0.56%
Only in VEU
Taiwan Semiconductor Manufacturing Co Ltd 4.70%
SK hynix Inc 1.83%
ASML Holding NV 1.71%
SLBBH1142 0.91%
Tencent Holdings Ltd 0.84%
HSBC Holdings PLC 0.84%
Roche Holding AG 0.72%
Royal Bank of Canada 0.68%

Check overlap with more funds →

On the same fields

FEOE
First Eagle Overseas Equity ETF
VEU
Vanguard FTSE All World Ex US ETF
Where it sits Stock ETF Stock ETF
What it is Equity fund Tracks the FTSE All-World ex-US
Total return, 1 year +20.2% +15.1%
Its benchmark over the same days +17.5% (EEM) not measured
Gap to its benchmark +2.6 pts vs EEM not measured
Expense ratio 0.50% 0.04%
Already in the S&P 500 3.4% 0.0%
Holdings 75 3816
Net assets, FEOE as of May 31, 2026 and VEU as of Sep 30, 2026 $1.3bn $68.1bn

FEOE and VEU on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FEOE

Over the year to Oct 20, 2026 it returned +20.2% with distributions reinvested, against +17.5% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.50% a year. By its holdings filed for May 31, 2026, 3% of the fund by weight is stocks the S&P 500 also holds, across 75 positions, with the top ten at 30.4%.

About VEU

VEU tracks the FTSE All-World ex-US. Over the year to Oct 20, 2026 it returned +15.1% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3,816 positions, with the top ten at 15.2%. It sat 5.1% below its high of Sep 4, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FEOE or VEU?
In the year to Oct 20, 2026, with distributions reinvested, FEOE returned +20.2% and VEU +15.1%.
Which is cheaper, FEOE or VEU?
VEU is cheaper, by 0.46 percentage points a year. That is about $46 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FEOE and VEU overlap with the S&P 500?
By their latest filed holdings, 3% of FEOE and 0% of VEU by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, FEOE against VEU, data as of Oct 20, 2026. https://etfiq.com/compare/any/feoe-vs-veu

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.