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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 XLV: how they differ

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

Vanguard Developed Markets Index Fund and State Street(R) Health Care Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, VEA and XLV 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 XLV
ASML Holding NV 2.37%ELI LILLY + CO 14.87%
Samsung Electronics Co Ltd 1.56%JOHNSON + JOHNSON 10.73%
SK hynix Inc 1.40%ABBVIE INC 7.54%
HSBC Holdings PLC 1.01%MERCK + CO. INC. 5.98%
Novartis AG 0.91%UNITEDHEALTH GROUP INC 5.90%
Royal Bank of Canada 0.90%THERMO FISHER SCIENTIFIC INC 3.75%
AstraZeneca PLC 0.87%AMGEN INC 3.46%
Nestle SA 0.82%ABBOTT LABORATORIES 3.01%

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 XLV on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
VEA
Vanguard Developed Markets Index Fund
XLV
State Street(R) Health Care Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssuerVanguardState Street
What it isDeveloped markets ex USHealth care
Total return, 1 year+24.5%+20.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+7.0 pts+2.9 pts
Expense ratio0.03%0.08%
Already in the S&P 5000.0%100.0%
Holdings387063

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%.

XLV in plain words

XLV is an index equity fund tracking the Health care. Over the year to Sep 11, 2026 it returned +20.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 63 positions, with the top ten at 60.9%. It sat 5.9% below its high of Aug 19, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, VEA or XLV?
In the year to Sep 13, 2026, with distributions reinvested, VEA returned +24.5% and XLV returned +20.4%, so VEA returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VEA or XLV?
VEA charges 0.03% a year and XLV charges 0.08%, so VEA is cheaper. Fees come from each fund's prospectus.
How much do VEA and XLV overlap with the S&P 500?
By their latest filed holdings, 0% of VEA and 100% of XLV 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 XLV, 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 XLV, data as of Sep 13, 2026. https://etfiq.com/compare/any/vea-vs-xlv Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources