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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

VEA vs XLG: how they differ

VEA and XLG hold 0% of their weight in the same names, and VEA returned more over the year.

Vanguard Developed Markets Index Fund and Invesco S&P 500 Top 50 ETF.

What they hold in common

By the books each fund has filed, VEA and XLG hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in VEAOnly in XLG
ASML Holding NV 2.37%NVIDIA Corp 12.79%
Samsung Electronics Co Ltd 1.56%Apple Inc 11.58%
SK hynix Inc 1.40%Microsoft Corp 8.83%
HSBC Holdings PLC 1.01%Amazon.com Inc 5.95%
Novartis AG 0.91%Alphabet Inc 4.71%
Royal Bank of Canada 0.90%Broadcom Inc 4.12%
AstraZeneca PLC 0.87%Alphabet Inc 3.77%
Nestle SA 0.82%Meta Platforms Inc 3.42%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 10, 2026.

VEA and XLG on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
VEA
Vanguard Developed Markets Index Fund
XLG
Invesco S&P 500 Top 50 ETF
Where it sitsCore index fundCore index fund
IssuerVanguardInvesco
What it isDeveloped markets ex USS&P 500 top 50
Total return, 1 year+24.5%+12.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+7.0 pts−5.3 pts
Expense ratio0.03%0.20%
Already in the S&P 5000.0%100.0%
Holdings387052

VEA in plain words

VEA is an index equity fund tracking the Developed markets ex US. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3870 positions, with the top ten at 13.2%.

XLG in plain words

XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 60.3%.

Questions people ask

Which returned more over the last year, VEA or XLG?
In the year to Sep 13, 2026, with distributions reinvested, VEA returned +24.5% and XLG returned +12.2%, so VEA returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VEA or XLG?
VEA charges 0.03% a year and XLG charges 0.20%, so VEA is cheaper. Fees come from each fund's prospectus.
How much do VEA and XLG overlap with the S&P 500?
By their latest filed holdings, 0% of VEA and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

VEA against XLG, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, VEA against XLG, data as of Sep 13, 2026. https://etfiq.com/compare/any/vea-vs-xlg Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources