Data as of Oct 28, 2026.

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VEA vs VOE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VEA returned +17.1% to VOE's +22.8%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $231.6bn for Vanguard FTSE Developed Markets ETF and $22.8bn for Vanguard Morningstar Mid-Cap Value ETF.

At a glance
+17.1%
VEA total return, 1 year
+22.8%
VOE total return, 1 year
0.03%
VEA expense ratio
0.05%
VOE expense ratio

Pair scorecard

VEA costs 0.02 points a year less; their one-year returns differ by 5.7 points; VEA is 10.2 times larger.

VEA vs VOE: Differences, Returns & Fees
MeasureVEAVOE
Return
Total return, 1 year+17.1%+22.8%
Drawdown
Below its high4.4%, high on Aug 25, 2026
Benchmark
What it tracksFTSE Developed All Cap ex US IndexMorningstar US Mid Cap Value Index
Cost and size
Expense ratio0.03%0.05%
Net assets, as of Sep 30, 2026$231.6bn$22.8bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund13.6%14.0%

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

What they share

0%

By the books each fund has filed, VEA and VOE 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 VEA VOE
MKTLIQ 0.08% 0.33%
HAL Trust 0.01% 0.41%
Sirius Real Estate Ltd 0.01% 0.87%
Pharma Mar SA 0.00% 0.37%
Springer Nature AG & Co KGaA 0.00% 1.05%
EQT Holdings Ltd 0.00% 0.26%
Only in one fund ↓
Only in VEA
Samsung Electronics Co Ltd 2.81%
SK hynix Inc 2.30%
ASML Holding NV 2.14%
SLBBH1142 1.07%
HSBC Holdings PLC 1.05%
Roche Holding AG 0.91%
Shell PLC 0.86%
Royal Bank of Canada 0.85%
Only in VOE
Valero Energy Corp 1.90%
Marathon Petroleum Corp 1.89%
Phillips 66 1.73%
Hewlett Packard Enterprise Co 1.37%
Warner Bros Discovery Inc 1.25%
SLB Ltd 1.23%
Target Corp 1.21%
Cummins Inc 1.21%
Check overlap with more funds →

Side by side

VEA Vanguard FTSE Developed Markets ETF VOE Vanguard Morningstar Mid-Cap Value ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Developed markets ex US Tracks an index of Mid-Cap Value
Total return, 1 year +17.1% +22.8%
Expense ratio 0.03% 0.05%
Already in the S&P 500 0.0% 96.0%
Holdings 3906 169
Net assets, as of Sep 30, 2026 $231.6bn $22.8bn

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

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About each fund
VEA

VEA tracks an index of Developed markets ex US. Over the year to Oct 28, 2026 it returned +17.1% with distributions reinvested. The prospectus expense ratio is 0.03% 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 3,906 positions, with the top ten at 13.6%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.

VOE

VOE tracks an index of Mid-Cap Value. Over the year to Oct 28, 2026 it returned +22.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 14.0%.

Questions people ask

Which returned more over the last year, VEA or VOE?
In the year to Oct 28, 2026, with distributions reinvested, VEA returned +17.1% and VOE +22.8%.
Which is cheaper, VEA or VOE?
VEA is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VEA and VOE overlap with the S&P 500?
By their latest filed holdings, 0% of VEA and 96% of VOE by weight is stocks the S&P 500 already holds.
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ETFIQ, VEA against VOE, data as of Oct 28, 2026. https://etfiq.com/compare/any/vea-vs-voe

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