Data as of Oct 28, 2026.

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VEU vs XLRE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VEU returned +14.4% to XLRE's +4.3%; 0% of their weight is in the same names.

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Net assets: $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF, and $8.0bn on Oct 27, 2026 for State Street Real Estate Select Sector SPDR ETF.

At a glance
+14.4%
VEU total return, 1 year
+4.3%
XLRE total return, 1 year
0.04%
VEU expense ratio
0.08%
XLRE expense ratio

Pair scorecard

VEU costs 0.04 points a year less; their one-year returns differ by 10.1 points; VEU is 8.8 times larger.

VEU vs XLRE: Differences, Returns & Fees
MeasureVEUXLRE
Return
Total return, 1 year+14.4%+4.3%
Drawdown
Below its high5.0%, high on Sep 4, 20267.7%, high on Jul 28, 2026
Benchmark
What it tracksFTSE All-World ex US IndexReal Estate Select Sector Index
Cost and size
Expense ratio0.04%0.08%
Net assets, as of Sep 30, 2026$68.1bn$7.7bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund15.2%58.9%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Oct 16, 2015 to Oct 23, 2026 · 575 weekly returns
VEU XLRE
Return
Total return edge VEU +142.3% +102.9%
Annualized edge VEU +8.3% +6.6%
Price return edge VEU +75.9% +38.9%
Risk
Volatility edge VEU 16.4% 20.8%
Max drawdown edge VEU (slight) −33.9% −35.2%
Risk-adjusted
Sharpe edge VEU 0.43 0.30
Sortino edge VEU 0.61 0.44
Calmar edge VEU 0.25 0.19
Reading

VEU returned more: +142.3% to +102.9%. VEU swung less: 16.4% to 20.8%. VEU fell slightly less at its worst: −33.9% to −35.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VEU vs XLRE: Differences, Returns & Fees
MeasureVEUXLREEdgeHow it is measured
Return
Total return+142.3%+102.9%VEUPrice change plus distributions, reinvested.
Annualized+8.3%+6.6%VEUTotal return as a yearly rate.
Price return+75.9%+38.9%VEUPrice change alone, distributions left out.
Risk
Volatility16.4%20.8%VEUSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.6%14.3%VEULike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−33.9%−35.2%VEU (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.430.30VEUReturn above Treasury bills per unit of volatility.
Sortino0.610.44VEUReturn above Treasury bills per unit of downside deviation.
Calmar0.250.19VEUAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 575 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, VEU and XLRE hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VEU XLRE
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 XLRE
WELLTOWER INC 11.14%
PROLOGIS INC 8.19%
EQUINIX INC 6.72%
AMERICAN TOWER CORP 5.84%
PUBLIC STORAGE 4.87%
SIMON PROPERTY GROUP INC 4.76%
VIVMARK RESIDENTIAL 4.42%
DIGITAL REALTY TRUST INC 4.34%
Check overlap with more funds →

Side by side

VEU Vanguard FTSE All World Ex US ETF XLRE State Street Real Estate Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the FTSE All-World ex-US Tracks an index of Real estate
Total return, 1 year +14.4% +4.3%
Expense ratio 0.04% 0.08%
Already in the S&P 500 0.0% 99.5%
Holdings 3816 31
Net assets, VEU as of Sep 30, 2026 and XLRE as of Oct 27, 2026 $68.1bn $8.0bn

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

Client brief · page 1 of 2 Report BR-93B414309A

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

  1. What each follows. VEU follows FTSE All-World ex US Index and XLRE follows Real Estate Select Sector Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026 and Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VEU returned +14.4% and XLRE +4.3% with distributions reinvested, a gap of 10.1 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.

XLRE

XLRE tracks an index of Real estate. Over the year to Oct 28, 2026 it returned +4.3% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 31 positions, with the top ten at 58.9%. It sat 7.7% below its high of Jul 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VEU or XLRE?
In the year to Oct 28, 2026, with distributions reinvested, VEU returned +14.4% and XLRE +4.3%.
Which is cheaper, VEU or XLRE?
VEU is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VEU and XLRE overlap with the S&P 500?
By their latest filed holdings, 0% of VEU and 100% of XLRE by weight is stocks the S&P 500 already holds.
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ETFIQ, VEU against XLRE, data as of Oct 28, 2026. https://etfiq.com/compare/any/veu-vs-xlre

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