Data as of Oct 28, 2026.

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VEA vs VPU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VEA returned +17.1% to VPU's −3.3%; 1% 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 $7.7bn for Vanguard Utilities ETF.

At a glance
+17.1%
VEA total return, 1 year
−3.3%
VPU total return, 1 year
0.03%
VEA expense ratio
0.09%
VPU expense ratio

Pair scorecard

VEA costs 0.06 points a year less; their one-year returns differ by 20.4 points; VEA is far larger, $231.6bn against $7.7bn.

VEA vs VPU: Differences, Returns & Fees
MeasureVEAVPU
Return
Total return, 1 year+17.1%−3.3%
Drawdown
Below its high4.4%, high on Aug 25, 20268.9%, high on Feb 27, 2026
Benchmark
What it tracksFTSE Developed All Cap ex US IndexMSCI US Investable Market Index (IMI)/Utilities 25/50
Cost and size
Expense ratio0.03%0.09%
Net assets, as of Sep 30, 2026$231.6bn$7.7bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund13.6%52.3%

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

What they share

1%

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

0 half 100%

half

1% in common

Positions both hold · largest shared weight first VEA VPU
SLBBH1142 1.07% 0.42%
MKTLIQ 0.08% 0.24%
Sirius Real Estate Ltd 0.01% 3.68%
Genesis Energy Ltd 0.00% 0.01%
Only in one fund ↓
Only in VEA
Samsung Electronics Co Ltd 2.81%
SK hynix Inc 2.30%
ASML Holding NV 2.14%
HSBC Holdings PLC 1.05%
Roche Holding AG 0.91%
Shell PLC 0.86%
Royal Bank of Canada 0.85%
Novartis AG 0.82%
Only in VPU
NextEra Energy Inc 11.39%
Southern Co 6.74%
Duke Energy Corp 6.41%
Constellation Energy Corp 5.72%
American Electric Power Co Inc 4.66%
Dominion Energy Inc 3.84%
Vistra Corp 3.37%
Entergy Corp 3.34%
Check overlap with more funds →

Side by side

VEA Vanguard FTSE Developed Markets ETF VPU Vanguard Utilities ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Developed markets ex US Tracks an index of Utilities
Total return, 1 year +17.1% −3.3%
Its benchmark over the same days not measured −3.3% (FUTY)
Gap to its benchmark not measured 0.0 pts vs FUTY
Expense ratio 0.03% 0.09%
Already in the S&P 500 0.0% 89.7%
Holdings 3906 70
Net assets, as of Sep 30, 2026 $231.6bn $7.7bn

VEA and VPU 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.

VPU

VPU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.3% with distributions reinvested, against −3.3% for its benchmark, the MSCI US Investable Market Index (IMI)/Utilities 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 70 positions, with the top ten at 52.3%. It sat 8.9% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VEA or VPU?
In the year to Oct 28, 2026, with distributions reinvested, VEA returned +17.1% and VPU −3.3%.
Which is cheaper, VEA or VPU?
VEA is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VEA and VPU overlap with the S&P 500?
By their latest filed holdings, 0% of VEA and 90% of VPU by weight is stocks the S&P 500 already holds.
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ETFIQ, VEA against VPU, data as of Oct 28, 2026. https://etfiq.com/compare/any/vea-vs-vpu

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