Data as of Oct 28, 2026.

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VEU vs VUSB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VEU returned +14.4% to VUSB's +3.5%; 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 $9.9bn for Vanguard Ultra-Short Bond ETF.

At a glance
+14.4%
VEU total return, 1 year
+3.5%
VUSB total return, 1 year
0.04%
VEU expense ratio
0.10%
VUSB expense ratio

Pair scorecard

VEU costs 0.06 points a year less; their one-year returns differ by 10.9 points; VEU is 6.9 times larger.

VEU vs VUSB: Differences, Returns & Fees
MeasureVEUVUSB
Return
Total return, 1 year+14.4%+3.5%
Drawdown
Below its high5.0%, high on Sep 4, 2026
Benchmark
What it tracksFTSE All-World ex US IndexNo index, actively managed
Cost and size
Expense ratio0.04%0.10%
Net assets, as of Sep 30, 2026$68.1bn$9.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund15.2%

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

What they share

0%

By the books each fund has filed, VEU and VUSB 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 VUSB
MKTLIQ 0.41% 2.00%
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%
SLBBH1142 0.91%
Tencent Holdings Ltd 0.84%
HSBC Holdings PLC 0.84%
Roche Holding AG 0.72%
Only in VUSB
United States Treasury Bill 2.39%
United States Treasury Bill 2.35%
Regions Bank/Birmingham AL 0.89%
PNC Financial Services Group Inc 0.53%
National Bank of Canada 0.53%
Citizens Bank NA/Providence RI 0.48%
US Bancorp 0.47%
Charles Schwab Corp 0.45%
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Side by side

VEU Vanguard FTSE All World Ex US ETF VUSB Vanguard Ultra-Short Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the FTSE All-World ex-US Actively managed
Total return, 1 year +14.4% +3.5%
Its benchmark over the same days not measured −1.4% (AGG)
Gap to its benchmark not measured +4.9 pts vs AGG
Expense ratio 0.04% 0.10%
Holdings 3816 1344
Net assets, as of Sep 30, 2026 $68.1bn $9.9bn

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

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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.

VUSB

VUSB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +3.5% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.10% a year.

Questions people ask

Which returned more over the last year, VEU or VUSB?
In the year to Oct 28, 2026, with distributions reinvested, VEU returned +14.4% and VUSB +3.5%.
Which is cheaper, VEU or VUSB?
VEU 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.
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ETFIQ, VEU against VUSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/veu-vs-vusb

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