Data as of Oct 28, 2026.

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VBK vs VEU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VBK returned +10.3% to VEU's +14.4%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $22.8bn for Vanguard Morningstar Small-Cap Growth ETF and $68.1bn for Vanguard FTSE All World Ex US ETF.

At a glance
+10.3%
VBK total return, 1 year
+14.4%
VEU total return, 1 year
0.05%
VBK expense ratio
0.04%
VEU expense ratio

Pair scorecard

VEU costs 0.01 points a year less; their one-year returns differ by 4.1 points; VEU is 3.0 times larger.

VBK vs VEU: Differences, Returns & Fees
MeasureVBKVEU
Return
Total return, 1 year+10.3%+14.4%
Drawdown
Below its high8.0%, high on Aug 17, 20265.0%, high on Sep 4, 2026
Benchmark
What it tracksMorningstar US Small Cap Growth IndexFTSE All-World ex US Index
Cost and size
Expense ratio0.05%0.04%
Net assets, as of Sep 30, 2026$22.8bn$68.1bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund12.2%15.2%

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

What they share

0%

By the books each fund has filed, VBK and VEU hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VBK VEU
MKTLIQ 0.11% 0.41%
RB Global Inc 0.43% 0.04%
James Hardie Industries PLC 0.25% 0.04%
Penumbra Inc 0.34% 0.00%
Only in one fund ↓
Only in VBK
SLCMT1142 2.09%
Natera Inc 1.61%
Twilio Inc 1.28%
Revolution Medicines Inc 1.19%
Illumina Inc 1.18%
Everpure Inc 1.18%
Okta Inc 1.00%
EMCOR Group Inc 0.95%
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

VBK Vanguard Morningstar Small-Cap Growth ETF VEU Vanguard FTSE All World Ex US ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Small-Cap Growth Tracks the FTSE All-World ex-US
Total return, 1 year +10.3% +14.4%
Expense ratio 0.05% 0.04%
Already in the S&P 500 10.2% 0.0%
Holdings 554 3816
Net assets, as of Sep 30, 2026 $22.8bn $68.1bn

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

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About each fund
VBK

VBK tracks an index of Small-Cap Growth. Over the year to Oct 28, 2026 it returned +10.3% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 554 positions, with the top ten at 12.2%. It sat 8.0% below its high of Aug 17, 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, VBK or VEU?
In the year to Oct 28, 2026, with distributions reinvested, VBK returned +10.3% and VEU +14.4%.
Which is cheaper, VBK or VEU?
VEU is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VBK and VEU overlap with the S&P 500?
By their latest filed holdings, 10% of VBK and 0% of VEU by weight is stocks the S&P 500 already holds.
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ETFIQ, VBK against VEU, data as of Oct 28, 2026. https://etfiq.com/compare/any/vbk-vs-veu

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