Data as of Oct 28, 2026.

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MBB vs VEU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MBB returned −0.8% to VEU's +14.4%; 0% of their weight is in the same names.

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Net assets: $35.5bn on Oct 28, 2026 for iShares MBS ETF, and $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF.

At a glance
−0.8%
MBB total return, 1 year
+14.4%
VEU total return, 1 year
0.04%
MBB expense ratio
0.04%
VEU expense ratio

Pair scorecard

Both cost 0.04% a year; their one-year returns differ by 15.2 points; VEU is 1.9 times larger.

Points (pts) are percentage points.

MBB vs VEU: Differences, Returns & Fees
MeasureMBBVEU
Return
Total return, 1 year−0.8%+14.4%
Drawdown
Below its high5.0%, high on Sep 4, 2026
Benchmark
What it tracksBloomberg U.S. MBS IndexFTSE All-World ex US Index
Cost and size
Expense ratio0.04%0.04%
Net assets, as of Sep 30, 2026$36.2bn$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, MBB 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 MBB VEU
Only in one fund ↓
Only in MBB
BLACKROCK CASH CL INST SL AGENCY 5.45%
FHLMC 30YR UMBS SUPER 1.05%
UMBS 30YR TBA(REG A) 0.60%
GNMA2 30YR 0.59%
GNMA2 30YR 0.54%
FNMA 30YR UMBS 0.53%
GNMA2 30YR 0.53%
GNMA2 30YR 0.52%
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

MBB iShares MBS ETF VEU Vanguard FTSE All World Ex US ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of mortgage-backed securities Tracks the FTSE All-World ex-US
Total return, 1 year −0.8% +14.4%
Its benchmark over the same days −1.1% (SPMB) not measured
Gap to its benchmark +0.3 pts vs SPMB not measured
Expense ratio 0.04% 0.04%
Holdings 10813 3816
Net assets, MBB as of Oct 28, 2026 and VEU as of Sep 30, 2026 $35.5bn $68.1bn

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

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About each fund
MBB

MBB tracks an index of mortgage-backed securities. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.1% for its benchmark, the Bloomberg U.S. MBS Index. The prospectus expense ratio is 0.04% 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. 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, MBB or VEU?
In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and VEU +14.4%.
Which is cheaper, MBB or VEU?
Neither: MBB and VEU both charge 0.04% a year. Fees come from each fund's prospectus.
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ETFIQ, MBB against VEU, data as of Oct 28, 2026. https://etfiq.com/compare/any/mbb-vs-veu

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