Data as of Oct 28, 2026.

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VEU vs VHT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VEU returned +14.4% to VHT's +25.0%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $68.1bn for Vanguard FTSE All World Ex US ETF and $19.1bn for Vanguard Health Care ETF.

At a glance
+14.4%
VEU total return, 1 year
+25.0%
VHT total return, 1 year
0.04%
VEU expense ratio
0.09%
VHT expense ratio

Pair scorecard

VEU costs 0.05 points a year less; their one-year returns differ by 10.6 points; VEU is 3.6 times larger.

VEU vs VHT: Differences, Returns & Fees
MeasureVEUVHT
Return
Total return, 1 year+14.4%+25.0%
Drawdown
Below its high5.0%, high on Sep 4, 2026
Benchmark
What it tracksFTSE All-World ex US IndexMSCI US Investable Market Index (IMI)/Health Care 25/50
Cost and size
Expense ratio0.04%0.09%
Net assets, as of Sep 30, 2026$68.1bn$19.1bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund15.2%51.8%

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

Risk and return

Mar 16, 2007 to Oct 23, 2026 · 1,023 weekly returns
VEU VHT
Return
Total return edge VHT +173.1% +692.1%
Annualized edge VHT +5.2% +11.1%
Price return edge VHT +59.0% +487.5%
Risk
Volatility edge VHT 19.3% 17.1%
Max drawdown edge VHT −60.1% −38.1%
Risk-adjusted
Sharpe edge VHT 0.28 0.61
Sortino edge VHT 0.39 0.86
Calmar edge VHT 0.09 0.29
Reading

VHT returned more: +692.1% to +173.1%. VHT swung less: 17.1% to 19.3%. VHT fell less at its worst: −38.1% to −60.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VEU vs VHT: Differences, Returns & Fees
MeasureVEUVHTEdgeHow it is measured
Return
Total return+173.1%+692.1%VHTPrice change plus distributions, reinvested.
Annualized+5.2%+11.1%VHTTotal return as a yearly rate.
Price return+59.0%+487.5%VHTPrice change alone, distributions left out.
Risk
Volatility19.3%17.1%VHTSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.0%12.1%VHTLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−60.1%−38.1%VHTDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.280.61VHTReturn above Treasury bills per unit of volatility.
Sortino0.390.86VHTReturn above Treasury bills per unit of downside deviation.
Calmar0.090.29VHTAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,023 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, VEU and VHT 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 VEU VHT
MKTLIQ 0.41% 0.24%
SLBBH1142 0.91% 0.14%
Peruvian Nuevo Sol 0.00% 0.17%
Only in one fund ↓
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%
Tencent Holdings Ltd 0.84%
HSBC Holdings PLC 0.84%
Roche Holding AG 0.72%
Shell PLC 0.68%
Only in VHT
Eli Lilly & Co 12.95%
Johnson & Johnson 8.79%
AbbVie Inc 6.46%
Merck & Co Inc 5.02%
UnitedHealth Group Inc 4.66%
Thermo Fisher Scientific Inc 3.51%
Amgen Inc 3.18%
Gilead Sciences Inc 2.59%
Check overlap with more funds →

Side by side

VEU Vanguard FTSE All World Ex US ETF VHT Vanguard Health Care ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the FTSE All-World ex-US Tracks an index of Health Care
Total return, 1 year +14.4% +25.0%
Its benchmark over the same days not measured +25.4% (FHLC)
Gap to its benchmark not measured −0.4 pts vs FHLC
Expense ratio 0.04% 0.09%
Already in the S&P 500 0.0% 85.5%
Holdings 3816 414
Net assets, as of Sep 30, 2026 $68.1bn $19.1bn

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

Client brief · page 1 of 2 Report BR-5A5C6182D9

VEU and VHT do different jobs. What does each one do in a portfolio?

  1. What each follows. VEU follows FTSE All-World ex US Index and VHT follows MSCI US Investable Market Index (IMI)/Health Care 25/50.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VEU returned +14.4% and VHT +25.0% with distributions reinvested, a gap of 10.6 points.

Data as of Oct 28, 2026.

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About each fund
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.

VHT

VHT tracks an index of Health Care. Over the year to Oct 28, 2026 it returned +25.0% with distributions reinvested, against +25.4% for its benchmark, the MSCI US Investable Market Index (IMI)/Health Care 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 414 positions, with the top ten at 51.8%.

Questions people ask

Which returned more over the last year, VEU or VHT?
In the year to Oct 28, 2026, with distributions reinvested, VEU returned +14.4% and VHT +25.0%.
Which is cheaper, VEU or VHT?
VEU is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VEU and VHT overlap with the S&P 500?
By their latest filed holdings, 0% of VEU and 86% of VHT by weight is stocks the S&P 500 already holds.
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ETFIQ, VEU against VHT, data as of Oct 28, 2026. https://etfiq.com/compare/any/veu-vs-vht

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