Data as of Oct 28, 2026.

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GOVT vs VEU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GOVT returned −1.5% to VEU's +14.4%; 0% of their weight is in the same names.

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Net assets: $42.8bn on Oct 27, 2026 for iShares U.S. Treasury Bond ETF, and $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF.

At a glance
−1.5%
GOVT total return, 1 year
+14.4%
VEU total return, 1 year
0.05%
GOVT expense ratio
0.04%
VEU expense ratio

Pair scorecard

VEU costs 0.01 points a year less; their one-year returns differ by 15.9 points; VEU is 1.6 times larger.

GOVT vs VEU: Differences, Returns & Fees
MeasureGOVTVEU
Return
Total return, 1 year−1.5%+14.4%
Drawdown
Below its high8.1%, high on Aug 4, 20205.0%, high on Sep 4, 2026
Benchmark
What it tracksICE U.S. Treasury Core Bond IndexFTSE All-World ex US Index
Cost and size
Expense ratio0.05%0.04%
Net assets, as of Sep 30, 2026$41.4bn$68.1bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund15.2%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, GOVT and VEU hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GOVT VEU
Only in one fund ↓
Only in GOVT
TREASURY NOTE 5.17%
TREASURY NOTE 2.98%
TREASURY NOTE 2.12%
TREASURY NOTE 1.95%
TREASURY NOTE 1.65%
TREASURY BOND 1.51%
TREASURY BOND 1.46%
TREASURY BOND 1.42%
Only in VEU
Taiwan Semiconductor Manufacturing Co Ltd 4.70%
Samsung Electronics Co Ltd 2.24%
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%
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Side by side

GOVT iShares U.S. Treasury Bond ETF VEU Vanguard FTSE All World Ex US ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of U.S. Treasury Bond Tracks the FTSE All-World ex-US
Total return, 1 year −1.5% +14.4%
Expense ratio 0.05% 0.04%
Holdings 229 3816
Net assets, GOVT as of Oct 27, 2026 and VEU as of Sep 30, 2026 $42.8bn $68.1bn

GOVT and VEU on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
GOVT

GOVT tracks an index of U.S. Treasury Bond. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 8.1% below its high of Aug 4, 2020 on Oct 28, 2026.

VEU

VEU tracks the FTSE All-World ex-US. Over the year to Oct 28, 2026 it returned +14.4% 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 5.0% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GOVT or VEU?
In the year to Oct 28, 2026, with distributions reinvested, GOVT returned −1.5% and VEU +14.4%.
Which is cheaper, GOVT or VEU?
VEU is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, GOVT against VEU, data as of Oct 28, 2026. https://etfiq.com/compare/any/govt-vs-veu

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