Data as of Oct 28, 2026.

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PFF vs VEU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PFF returned −4.2% to VEU's +14.4%; 1% of their weight is in the same names.

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Net assets: $11.8bn on Oct 27, 2026 for iShares Preferred and Income Securities ETF, and $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF.

At a glance
−4.2%
PFF total return, 1 year
+14.4%
VEU total return, 1 year
0.45%
PFF expense ratio
0.04%
VEU expense ratio

Pair scorecard

VEU costs 0.41 points a year less; their one-year returns differ by 18.6 points; VEU is 5.5 times larger.

PFF vs VEU: Differences, Returns & Fees
MeasurePFFVEU
Return
Total return, 1 year−4.2%+14.4%
Drawdown
Below its high7.1%, high on May 8, 20265.0%, high on Sep 4, 2026
Benchmark
What it tracksICE Exchange-Listed Preferred & Hybrid Securities IndexFTSE All-World ex US Index
Cost and size
Expense ratio0.45%0.04%
Net assets, as of Sep 30, 2026$12.3bn$68.1bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund22.7%15.2%

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

What they share

1%

By the books each fund has filed, PFF and VEU hold 1% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first PFF VEU
DTE ENERGY COMPANY 0.26% 0.25%
BITMINE IMMERSION TECHNOLOGIES INC 0.17% 0.49%
PRUDENTIAL FINANCIAL INC 0.22% 0.08%
PPL CORPORATION 0.54% 0.06%
ALLSTATE CORPORATION (THE) 0.43% 0.05%
CULLEN FROST BANKERS DRC INC 0.05% 0.28%
HUNTINGTON BANCSHARES INC 0.16% 0.05%
UNITED STATES CELLULAR CORPORATION 0.04% 0.08%
KEYCORP 0.30% 0.03%
SLM CORP 0.10% 0.02%
GLADSTONE LAND CORP 0.06% 0.01%
AT&T INC 0.53% 0.01%
Only in one fund ↓
Only in PFF
STRATEGY INC 3.53%
BOEING CO 3.11%
HEWLETT PACKARD ENTERPRISE CONV PR 2.36%
ALPHABET INC 2.31%
SUPER MICRO COMPUTER INC 2.27%
ALPHABET INC 2.26%
WELLS FARGO & COMPANY SERIES L 2.14%
ORACLE CORPORATION 2.06%
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%
Check overlap with more funds →

Side by side

PFF iShares Preferred and Income Securities ETF VEU Vanguard FTSE All World Ex US ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Preferred and Income Securities Tracks the FTSE All-World ex-US
Total return, 1 year −4.2% +14.4%
Its benchmark over the same days +13.6% (MLRG) not measured
Gap to its benchmark −17.8 pts vs MLRG not measured
Expense ratio 0.45% 0.04%
Already in the S&P 500 0.0% 0.0%
Holdings 453 3816
Net assets, PFF as of Oct 27, 2026 and VEU as of Sep 30, 2026 $11.8bn $68.1bn

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

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About each fund
PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% 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 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 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, PFF or VEU?
In the year to Oct 28, 2026, with distributions reinvested, PFF returned −4.2% and VEU +14.4%.
Which is cheaper, PFF or VEU?
VEU is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do PFF and VEU overlap with the S&P 500?
By their latest filed holdings, 0% of PFF and 0% of VEU by weight is stocks the S&P 500 already holds.
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ETFIQ, PFF against VEU, data as of Oct 28, 2026. https://etfiq.com/compare/any/pff-vs-veu

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