Data as of Oct 28, 2026.

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IDEV vs VEU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IDEV returned +13.4% to VEU's +14.4%; 60% of their weight is in the same names.

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Net assets: $34.0bn on Oct 28, 2026 for iShares Core MSCI International Developed Markets ETF, and $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF.

At a glance
+13.4%
IDEV total return, 1 year
+14.4%
VEU total return, 1 year
0.04%
IDEV expense ratio
0.04%
VEU expense ratio

Pair scorecard

Both cost 0.04% a year; their one-year returns differ by 1.0 point; VEU is 2.1 times larger.

Points (pts) are percentage points.

IDEV vs VEU: Differences, Returns & Fees
MeasureIDEVVEU
Return
Total return, 1 year+13.4%+14.4%
Drawdown
Below its high4.4%, high on Aug 25, 20265.0%, high on Sep 4, 2026
Benchmark
What it tracksMSCI World ex USA Investable Market IndexFTSE All-World ex US Index
Cost and size
Expense ratio0.04%0.04%
Net assets, as of Sep 30, 2026$32.2bn$68.1bn
Holdings
Holdings in common60%
Top ten holdings, share of the fund10.9%15.2%

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

Risk and return

Mar 31, 2017 to Oct 23, 2026 · 499 weekly returns
IDEV VEU
Return
Total return edge IDEV (slight) +127.7% +123.0%
Annualized edge IDEV (slight) +9.0% +8.7%
Price return edge IDEV (slight) +73.6% +68.7%
Risk
Volatility edge VEU (slight) 17.0% 16.6%
Max drawdown edge Tie −34.0% −33.9%
Risk-adjusted
Sharpe edge Tie 0.44 0.43
Sortino edge Tie 0.61 0.60
Calmar edge IDEV (slight) 0.26 0.26
Reading

IDEV returned slightly more: +127.7% to +123.0%. VEU swung slightly less: 16.6% to 17.0%. IDEV and VEU fell about the same at their worst: −34.0% and −33.9%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IDEV vs VEU: Differences, Returns & Fees
MeasureIDEVVEUEdgeHow it is measured
Return
Total return+127.7%+123.0%IDEV (slight)Price change plus distributions, reinvested.
Annualized+9.0%+8.7%IDEV (slight)Total return as a yearly rate.
Price return+73.6%+68.7%IDEV (slight)Price change alone, distributions left out.
Risk
Volatility17.0%16.6%VEU (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation12.1%11.9%VEU (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.0%−33.9%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.440.43TieReturn above Treasury bills per unit of volatility.
Sortino0.610.60TieReturn above Treasury bills per unit of downside deviation.
Calmar0.260.26IDEV (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 499 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

60%

By the books each fund has filed, IDEV and VEU hold 60% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

60% in common

Positions both hold · largest shared weight first IDEV VEU
ASML HOLDING 2.23% 1.71%
HSBC HOLDINGS PLC 1.03% 0.84%
ROCHE PS PAR AG 1.18% 0.72%
SHELL 1.06% 0.68%
ROYAL BANK OF CANADA 0.98% 0.68%
NOVARTIS AG 1.00% 0.66%
MITSUBISHI UFJ FINANCIAL GROUP 0.80% 0.62%
ASTRAZENECA PLC 0.90% 0.60%
NESTLE SA 0.90% 0.58%
SIEMENS N AG 0.76% 0.56%
BHP GROUP LTD 0.72% 0.53%
SAP 0.85% 0.51%
Only in one fund ↓
Only in IDEV
NOVO NORDISK CLASS B 0.43%
SPOTIFY TECHNOLOGY 0.29%
MUENCHENER RUECKVERSICHERUNGS-GESE 0.28%
INVESTOR CLASS B 0.26%
NORDEA BANK 0.19%
ATLAS COPCO CLASS A 0.17%
VOLVO CLASS B 0.17%
HONG KONG EXCHANGES AND CLEARING 0.14%
Only in VEU
Taiwan Semiconductor Manufacturing Co Ltd 4.70%
Samsung Electronics Co Ltd 2.24%
SK hynix Inc 1.83%
SLBBH1142 0.91%
Tencent Holdings Ltd 0.84%
Alibaba Group Holding Ltd 0.63%
MediaTek Inc 0.56%
MKTLIQ 0.41%
Check overlap with more funds →

Side by side

IDEV iShares Core MSCI International Developed Markets ETF VEU Vanguard FTSE All World Ex US ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI International Developed Markets Tracks the FTSE All-World ex-US
Total return, 1 year +13.4% +14.4%
Its benchmark over the same days +14.3% (ACWX) not measured
Gap to its benchmark −0.9 pts vs ACWX not measured
Expense ratio 0.04% 0.04%
Already in the S&P 500 0.0% 0.0%
Holdings 2317 3816
Net assets, IDEV as of Oct 28, 2026 and VEU as of Sep 30, 2026 $34.0bn $68.1bn

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

Client brief · page 1 of 2 Report BR-E0F9E69159

IDEV and VEU are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IDEV follows MSCI World ex USA Investable Market Index and VEU follows FTSE All-World ex US Index.
  2. Holdings in common (similar). 60% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return (similar). Over 1 year to Oct 28, 2026 IDEV returned +13.4% and VEU +14.4% with distributions reinvested, a gap of 1.0 points.

Data as of Oct 28, 2026.

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About each fund
IDEV

IDEV tracks the MSCI International Developed Markets. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,317 positions, with the top ten at 10.9%. It sat 4.4% below its high of Aug 25, 2026 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. 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, IDEV or VEU?
In the year to Oct 28, 2026, with distributions reinvested, IDEV returned +13.4% and VEU +14.4%.
Which is cheaper, IDEV or VEU?
Neither: IDEV and VEU both charge 0.04% a year. Fees come from each fund's prospectus.
How much do IDEV and VEU overlap with the S&P 500?
By their latest filed holdings, 0% of IDEV and 0% of VEU by weight is stocks the S&P 500 already holds.
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ETFIQ, IDEV against VEU, data as of Oct 28, 2026. https://etfiq.com/compare/any/idev-vs-veu

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