Data as of Oct 28, 2026.

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VEU vs VXF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VEU returned +14.4% to VXF's +10.6%; 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 $30.2bn for Vanguard Extended Market ETF.

At a glance
+14.4%
VEU total return, 1 year
+10.6%
VXF total return, 1 year
0.04%
VEU expense ratio
0.05%
VXF expense ratio

Pair scorecard

VEU costs 0.01 points a year less; their one-year returns differ by 3.8 points; VEU is 2.3 times larger.

VEU vs VXF: Differences, Returns & Fees
MeasureVEUVXF
Return
Total return, 1 year+14.4%+10.6%
Drawdown
Below its high5.0%, high on Sep 4, 20266.6%, high on Aug 14, 2026
Benchmark
What it tracksFTSE All-World ex US IndexS&P Completion Index
Cost and size
Expense ratio0.04%0.05%
Net assets, as of Sep 30, 2026$68.1bn$30.2bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund15.2%11.3%

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 VXF
Return
Total return edge VXF +173.1% +475.2%
Annualized edge VXF +5.2% +9.3%
Price return edge VXF +59.0% +344.2%
Risk
Volatility edge VEU 19.3% 22.5%
Max drawdown edge VXF (slight) −60.1% −57.4%
Risk-adjusted
Sharpe edge VXF 0.28 0.44
Sortino edge VXF 0.39 0.62
Calmar edge VXF 0.09 0.16
Reading

VXF returned more: +475.2% to +173.1%. VEU swung less: 19.3% to 22.5%. VXF fell slightly less at its worst: −57.4% to −60.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VEU vs VXF: Differences, Returns & Fees
MeasureVEUVXFEdgeHow it is measured
Return
Total return+173.1%+475.2%VXFPrice change plus distributions, reinvested.
Annualized+5.2%+9.3%VXFTotal return as a yearly rate.
Price return+59.0%+344.2%VXFPrice change alone, distributions left out.
Risk
Volatility19.3%22.5%VEUSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.0%15.8%VEULike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−60.1%−57.4%VXF (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.280.44VXFReturn above Treasury bills per unit of volatility.
Sortino0.390.62VXFReturn above Treasury bills per unit of downside deviation.
Calmar0.090.16VXFAnnualized 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 VXF 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 VXF
Amrize Ltd 0.05% 0.23%
MKTLIQ 0.41% 0.04%
RB Global Inc 0.04% 0.18%
JAMES HARDIE INDUSTRIES-CDI 0.04% 0.18%
Mercury NZ Ltd 0.01% 0.03%
Knowledge Realty Trust 0.01% 0.01%
TPG Telecom Ltd 0.00% 0.07%
Commerzbank AG 0.07% 0.00%
MED Life SA 0.00% 0.07%
Efor Yatirim Sanayi Ticaret AS 0.00% 0.02%
Peruvian Nuevo Sol 0.00% 0.15%
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 VXF
Space Exploration Technologies Corp 2.50%
SLCMT1142 2.26%
Snowflake Inc 1.42%
Cloudflare Inc 1.35%
Natera Inc 0.72%
Strategy Inc 0.67%
Astera Labs Inc 0.67%
Cheniere Energy Inc 0.67%
Check overlap with more funds →

Side by side

VEU Vanguard FTSE All World Ex US ETF VXF Vanguard Extended Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the FTSE All-World ex-US Tracks an index of Extended Market
Total return, 1 year +14.4% +10.6%
Expense ratio 0.04% 0.05%
Already in the S&P 500 0.0% 0.0%
Holdings 3816 3361
Net assets, as of Sep 30, 2026 $68.1bn $30.2bn

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

Client brief · page 1 of 2 Report BR-ABF30E217D

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

  1. What each follows. VEU follows FTSE All-World ex US Index and VXF follows S&P Completion Index.
  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 VXF +10.6% with distributions reinvested, a gap of 3.8 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.

VXF

VXF tracks an index of Extended Market. Over the year to Oct 28, 2026 it returned +10.6% with distributions reinvested. The prospectus expense ratio is 0.05% 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 3,361 positions, with the top ten at 11.3%. It sat 6.6% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VEU or VXF?
In the year to Oct 28, 2026, with distributions reinvested, VEU returned +14.4% and VXF +10.6%.
Which is cheaper, VEU or VXF?
VEU is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VEU and VXF overlap with the S&P 500?
By their latest filed holdings, 0% of VEU and 0% of VXF by weight is stocks the S&P 500 already holds.
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ETFIQ, VEU against VXF, data as of Oct 28, 2026. https://etfiq.com/compare/any/veu-vs-vxf

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