Data as of Oct 28, 2026.

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IXUS vs VEU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IXUS returned +14.1% to VEU's +14.4%; 79% of their weight is in the same names.

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Net assets: $57.6bn on Oct 27, 2026 for iShares Core MSCI Total International Stock ETF, and $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF.

At a glance
+14.1%
IXUS total return, 1 year
+14.4%
VEU total return, 1 year
0.07%
IXUS expense ratio
0.04%
VEU expense ratio

Pair scorecard

VEU costs 0.03 points a year less; their one-year returns differ by 0.3 points; VEU is 1.2 times larger.

IXUS vs VEU: Differences, Returns & Fees
MeasureIXUSVEU
Return
Total return, 1 year+14.1%+14.4%
Drawdown
Below its high4.9%, high on Sep 4, 20265.0%, high on Sep 4, 2026
Benchmark
What it tracksMSCI ACWI ex USA IMIFTSE All-World ex US Index
Cost and size
Expense ratio0.07%0.04%
Net assets, as of Sep 30, 2026$58.8bn$68.1bn
Holdings
Holdings in common79%
Top ten holdings, share of the fund13.5%15.2%

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

Risk and return

Nov 2, 2012 to Oct 23, 2026 · 729 weekly returns
IXUS VEU
Return
Total return edge VEU (slight) +177.4% +181.6%
Annualized edge Tie +7.5% +7.7%
Price return edge IXUS (slight) +90.2% +86.1%
Risk
Volatility edge Tie 15.8% 15.7%
Max drawdown edge VEU (slight) −34.6% −33.9%
Risk-adjusted
Sharpe edge VEU (slight) 0.42 0.43
Sortino edge VEU (slight) 0.59 0.61
Calmar edge VEU (slight) 0.22 0.23
Reading

VEU returned slightly more: +181.6% to +177.4%. IXUS and VEU swung about the same: 15.8% and 15.7%. VEU fell slightly less at its worst: −33.9% to −34.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IXUS vs VEU: Differences, Returns & Fees
MeasureIXUSVEUEdgeHow it is measured
Return
Total return+177.4%+181.6%VEU (slight)Price change plus distributions, reinvested.
Annualized+7.5%+7.7%TieTotal return as a yearly rate.
Price return+90.2%+86.1%IXUS (slight)Price change alone, distributions left out.
Risk
Volatility15.8%15.7%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.3%11.2%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.6%−33.9%VEU (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.420.43VEU (slight)Return above Treasury bills per unit of volatility.
Sortino0.590.61VEU (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.220.23VEU (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 729 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

79%

By the books each fund has filed, IXUS and VEU hold 79% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

79% in common

Positions both hold · largest shared weight first IXUS VEU
TAIWAN SEMICONDUCTOR MANUFACTURING 4.39% 4.70%
SAMSUNG ELECTRONICS LTD 1.90% 2.24%
ASML HOLDING 1.53% 1.71%
SK HYNIX 1.35% 1.83%
TENCENT HOLDINGS 0.73% 0.84%
ROCHE PS PAR AG 0.82% 0.72%
HSBC HOLDINGS PLC 0.72% 0.84%
SHELL 0.73% 0.68%
ROYAL BANK OF CANADA 0.68% 0.68%
NOVARTIS AG 0.69% 0.66%
ASTRAZENECA PLC 0.62% 0.60%
NESTLE SA 0.62% 0.58%
Only in one fund ↓
Only in IXUS
NOVO NORDISK CLASS B 0.30%
CHINA CONSTRUCTION BANK CORP H 0.26%
SAMSUNG ELECTRONICS NON VOTING PRE 0.25%
SPOTIFY TECHNOLOGY 0.20%
MUENCHENER RUECKVERSICHERUNGS-GESE 0.19%
INVESTOR CLASS B 0.18%
INDUSTRIAL AND COMMERCIAL BANK OF 0.15%
NORDEA BANK 0.13%
Only in VEU
SLBBH1142 0.91%
MKTLIQ 0.41%
Novo Nordisk A/S 0.30%
SAMSUNG ELECTRONICS-PREF 0.28%
Industrial & Commercial Bank of China Ltd 0.19%
Air Liquide SA 0.18%
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 0.18%
Investor AB 0.17%
Check overlap with more funds →

Side by side

IXUS iShares Core MSCI Total International Stock ETF VEU Vanguard FTSE All World Ex US ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Total International Stock Tracks the FTSE All-World ex-US
Total return, 1 year +14.1% +14.4%
Its benchmark over the same days +14.3% (ACWX) not measured
Gap to its benchmark −0.2 pts vs ACWX not measured
Expense ratio 0.07% 0.04%
Already in the S&P 500 0.0% 0.0%
Holdings 4584 3816
Net assets, IXUS as of Oct 27, 2026 and VEU as of Sep 30, 2026 $57.6bn $68.1bn

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

Client brief · page 1 of 2 Report BR-BD44445570

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

  1. What each follows. IXUS follows MSCI ACWI ex USA IMI and VEU follows FTSE All-World ex US Index.
  2. Holdings in common (similar). 79% 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 IXUS returned +14.1% and VEU +14.4% with distributions reinvested, a gap of 0.3 points.

Data as of Oct 28, 2026.

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About each fund
IXUS

IXUS tracks the MSCI Total International Stock. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% 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 4,584 positions, with the top ten at 13.5%. It sat 4.9% below its high of Sep 4, 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. 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, IXUS or VEU?
In the year to Oct 28, 2026, with distributions reinvested, IXUS returned +14.1% and VEU +14.4%.
Which is cheaper, IXUS or VEU?
VEU is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IXUS and VEU overlap with the S&P 500?
By their latest filed holdings, 0% of IXUS and 0% of VEU by weight is stocks the S&P 500 already holds.
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ETFIQ, IXUS against VEU, data as of Oct 28, 2026. https://etfiq.com/compare/any/ixus-vs-veu

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