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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IWC vs VEU: how they differ

IWC and VEU hold 0% of their weight in the same names, and IWC returned more over the year.

iShares Micro-Cap ETF and Vanguard FTSE All-World ex-US Index Fund.

What they hold in common

By the books each fund has filed, IWC and VEU hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IWCOnly in VEU
CAREDX 0.61%Samsung Electronics Co Ltd 1.83%
SELLAS LIFE SCIENCES GROUP INC 0.60%ASML Holding NV 1.45%
NURIX THERAPEUTICS 0.59%SK hynix Inc 1.24%
PENGUIN SOLUTIONS INC 0.58%Tencent Holdings Ltd 0.97%
OUSTER 0.52%HSBC Holdings PLC 0.81%
VIRIDIAN THERAPEUTICS ORS 0.48%Alibaba Group Holding Ltd 0.76%
INTERFACE 0.47%AstraZeneca PLC 0.73%
MBX BIOSCIENCES 0.45%Novartis AG 0.73%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 10, 2026.

IWC and VEU on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
IWC
iShares Micro-Cap ETF
VEU
Vanguard FTSE All-World ex-US Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isRussell MicrocapFTSE All-World ex-US
Total return, 1 year+31.3%+22.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+13.8 pts+5.4 pts
Expense rationot published0.04%
Already in the S&P 50091.9%0.0%
Holdings12523860

IWC in plain words

IWC is an index equity fund tracking the Russell Microcap. Over the year to Sep 11, 2026 it returned +31.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1252 positions, with the top ten at 5.1%. It sat 5.0% below its high of Aug 14, 2026 on Sep 11, 2026.

VEU in plain words

VEU is an index equity fund tracking the FTSE All-World ex-US. Over the year to Sep 11, 2026 it returned +22.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3860 positions, with the top ten at 13.6%.

Questions people ask

Which returned more over the last year, IWC or VEU?
In the year to Sep 13, 2026, with distributions reinvested, IWC returned +31.3% and VEU returned +22.9%, so IWC returned more. One year is one year; the longer windows are in the table.
How much do IWC and VEU overlap with the S&P 500?
By their latest filed holdings, 92% of IWC and 0% of VEU by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

IWC against VEU, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IWC against VEU, data as of Sep 13, 2026. https://etfiq.com/compare/any/iwc-vs-veu Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources