Data as of Oct 28, 2026.

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IBB vs VEA: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IBB returned +37.5% to VEA's +17.1%, and VEA charges 0.03% to IBB's 0.44%.

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Net assets: $11.0bn on Oct 27, 2026 for iShares Biotechnology ETF, and $231.6bn on Sep 30, 2026 for Vanguard FTSE Developed Markets ETF.

At a glance
+37.5%
IBB total return, 1 year
+17.1%
VEA total return, 1 year
0.44%
IBB expense ratio
0.03%
VEA expense ratio

Pair scorecard

VEA costs 0.41 points a year less; their one-year returns differ by 20.4 points; VEA is far larger, $231.6bn against $11.2bn.

IBB vs VEA: Differences, Returns & Fees
MeasureIBBVEA
Return
Total return, 1 year+37.5%+17.1%
Drawdown
Below its high4.4%, high on Aug 25, 2026
Benchmark
What it tracksBiotechFTSE Developed All Cap ex US Index
Cost and size
Expense ratio0.44%0.03%
Net assets, as of Sep 30, 2026$11.2bn$231.6bn
Active share vs the S&P 50099%
Holdings
Holdings in common0%
Top ten holdings, share of the fund50%13.6%

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

Risk and return

Aug 3, 2007 to Oct 23, 2026 · 1,003 weekly returns
IBB VEA
Return
Total return edge IBB +752.9% +160.9%
Annualized edge IBB +11.8% +5.1%
Price return edge IBB +717.3% +46.4%
Risk
Volatility edge VEA 23.0% 19.5%
Max drawdown edge IBB −37.5% −59.0%
Risk-adjusted
Sharpe edge IBB 0.53 0.28
Sortino edge IBB 0.77 0.38
Calmar edge IBB 0.31 0.09
Reading

IBB returned more: +752.9% to +160.9%. VEA swung less: 19.5% to 23.0%. IBB fell less at its worst: −37.5% to −59.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IBB vs VEA: Differences, Returns & Fees
MeasureIBBVEAEdgeHow it is measured
Return
Total return+752.9%+160.9%IBBPrice change plus distributions, reinvested.
Annualized+11.8%+5.1%IBBTotal return as a yearly rate.
Price return+717.3%+46.4%IBBPrice change alone, distributions left out.
Risk
Volatility23.0%19.5%VEASpread of weekly returns, annualized. Lower is steadier.
Downside deviation16.0%14.2%VEALike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−37.5%−59.0%IBBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.530.28IBBReturn above Treasury bills per unit of volatility.
Sortino0.770.38IBBReturn above Treasury bills per unit of downside deviation.
Calmar0.310.09IBBAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,003 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, IBB and VEA 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 IBB VEA
ARGENX SE ADR 3.42% 0.19%
GENMAB SPONSORED ADR 1.72% 0.07%
ABIVAX AMERICAN DEPOSITARY SHARES 0.44% 0.02%
EMERGENT BIOSOLUTIONS 0.02% 0.12%
10X GENOMICS CLASS A 0.63% 0.01%
CHARLES RIVER LABORATORIES INTERNA 1.18% 0.01%
LAKEFRONT BIOTHERAPEUTICS ADR NV 0.10% 0.00%
AURA BIOSCIENCES 0.03% 0.00%
CARIS LIFE SCIENCES 0.30% 0.00%
AKERO THERAPEUTICS CVR 0.00% 0.01%
Only in one fund ↓
Only in IBB
GILEAD SCIENCES 8.56%
AMGEN INC 8.20%
VERTEX PHARMACEUTICALS 7.53%
REGENERON PHARMACEUTICALS 5.64%
MODERNA 5.29%
NATERA 3.85%
ILLUMINA INC 2.93%
BIOGEN 2.58%
Only in VEA
Samsung Electronics Co Ltd 2.81%
SK hynix Inc 2.30%
ASML Holding NV 2.14%
SLBBH1142 1.07%
HSBC Holdings PLC 1.05%
Roche Holding AG 0.91%
Shell PLC 0.86%
Royal Bank of Canada 0.85%
Check overlap with more funds →

Side by side

IBB iShares Biotechnology ETF VEA Vanguard FTSE Developed Markets ETF
Where it sits Thematic ETF Stock ETF
What it is Biotech Tracks an index of Developed markets ex US
Total return, 1 year +37.5% +17.1%
Expense ratio 0.44% 0.03%
Already in the S&P 500 40.2% 0.0%
Holdings 245 3906
Net assets, IBB as of Oct 27, 2026 and VEA as of Sep 30, 2026 $11.0bn $231.6bn

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

Client brief · page 1 of 2 Report BR-AB107B9546

IBB and VEA do different jobs. What does each one do in a portfolio?

  1. What each follows. IBB follows Biotech and VEA follows FTSE Developed All Cap ex US Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IBB returned +37.5% and VEA +17.1% with distributions reinvested, a gap of 20.4 points.

Data as of Oct 28, 2026.

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About each fund
IBB

By weight, 40% of IBB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 245 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +37.5% with distributions reinvested.

VEA

VEA tracks an index of Developed markets ex US. Over the year to Oct 28, 2026 it returned +17.1% with distributions reinvested. The prospectus expense ratio is 0.03% 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 3,906 positions, with the top ten at 13.6%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Are IBB and VEA in the same category?
IBB is a thematic ETF and VEA is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IBB or VEA?
In the year to Oct 28, 2026, with distributions reinvested, IBB returned +37.5% and VEA +17.1%.
Which is cheaper, IBB or VEA?
VEA is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IBB and VEA overlap with the S&P 500?
By their latest filed holdings, 40% of IBB and 0% of VEA by weight is stocks the S&P 500 already holds.
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ETFIQ, IBB against VEA, data as of Oct 28, 2026. https://etfiq.com/compare/any/ibb-vs-vea

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