Data as of Oct 28, 2026.

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IUSB vs VEU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IUSB returned −1.2% to VEU's +14.4%; 0% of their weight is in the same names.

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Net assets: $49.8bn on Oct 27, 2026 for iShares Core Universal USD Bond ETF, and $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF.

At a glance
−1.2%
IUSB total return, 1 year
+14.4%
VEU total return, 1 year
0.06%
IUSB expense ratio
0.04%
VEU expense ratio

Pair scorecard

VEU costs 0.02 points a year less; their one-year returns differ by 15.6 points; VEU is 1.4 times larger.

IUSB vs VEU: Differences, Returns & Fees
MeasureIUSBVEU
Return
Total return, 1 year−1.2%+14.4%
Drawdown
Below its high5.0%, high on Sep 4, 2026
Benchmark
What it tracksBloomberg U.S. Universal IndexFTSE All-World ex US Index
Cost and size
Expense ratio0.06%0.04%
Net assets, as of Sep 30, 2026$48.1bn$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, IUSB 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 IUSB VEU
Only in one fund ↓
Only in IUSB
BLK Liquidity Temp Cash Inst #21 4.75%
TREASURY NOTE 0.49%
TREASURY NOTE 0.42%
TREASURY NOTE 0.41%
TREASURY NOTE 0.38%
TREASURY NOTE 0.37%
TREASURY NOTE (2OLD) 0.36%
UMBS 15YR TBA(REG B) 0.35%
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

IUSB iShares Core Universal USD Bond ETF VEU Vanguard FTSE All World Ex US ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Universal USD Bond Tracks the FTSE All-World ex-US
Total return, 1 year −1.2% +14.4%
Expense ratio 0.06% 0.04%
Holdings 18338 3816
Net assets, IUSB as of Oct 27, 2026 and VEU as of Sep 30, 2026 $49.8bn $68.1bn

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

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About each fund
IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

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, IUSB or VEU?
In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and VEU +14.4%.
Which is cheaper, IUSB or VEU?
VEU is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IUSB against VEU, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-veu

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