VEU vs IXUS: Holdings Overlap
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
IXUSiShares Core MSCI Total International Stock ETF
iShares · 4190 holdings · $59.9B · as of 2026-04-30
How similar are VEU and IXUS?
Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855 positions; iShares Core MSCI Total International Stock ETF (IXUS, by iShares) holds 4190. They have 2515 holdings in common, and by portfolio weight the two funds are 88.2% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 88.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2515VEU holds 3855 · IXUS holds 4190
- Weight in Shared Holdings
- VEU 95%·IXUS 90%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in VEU
1340 of 3855 positions (3.6% of the fund) are not held by IXUS. Showing the top 30 by weight.
Only in IXUS
1675 of 4190 positions (9.2% of the fund) are not held by VEU. Showing the top 30 by weight.
Sector Breakdown
| Sector | VEU | IXUS |
|---|---|---|
| Financials | 20.0% | 18.7% |
| Information Technology | 16.2% | 15.2% |
| Industrials | 11.7% | 10.9% |
| Consumer Discretionary | 6.1% | 5.6% |
| Materials | 5.4% | 5.6% |
| Other Sectors | 22.1% | 21.7% |
| Unclassified | 17.4% | 21.9% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (18% of VEU, 22% of IXUS).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VEU | +2.8% | +16.6% | +28.4% | +19.2% | +9.6% | +9.9% | 2.48% |
| IXUS | +3.0% | +16.5% | +27.9% | +19.1% | +9.2% | +9.7% | 2.88% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in VEU vs IXUS →
Shared Holdings(2515)
The top 10 shared positions account for 14% of the overlap, led by TSMWF, 005930 and ASML.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 4.28% | 4.02% | 4.02% |
|---|---|---|---|
 005930Samsung Electronics Co Ltd | 1.81% | 1.68% | 1.68% |
 ASMLASML Holding NV | 1.43% | 1.32% | 1.32% |
 000660SK hynix Inc | 1.23% | 1.15% | 1.15% |
 700Tencent Holdings Ltd. | 0.96% | 0.91% | 0.91% |
 HSBAHSBC Holdings PLC | 0.80% | 0.74% | 0.74% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.72% | 0.69% | 0.69% |
 ROPRoche Holding AG | 0.73% | 0.68% | 0.68% |
 9988Alibaba Group Holding Ltd | 0.75% | 0.67% | 0.67% |
 NOVNNovartis AG (Registered) | 0.72% | 0.66% | 0.66% |
 NESNNestle SA (Registered) | 0.66% | 0.61% | 0.61% |
 SHELShell PLC | 0.66% | 0.61% | 0.61% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.64% | 0.59% | 0.59% |
 SIESiemens AG (Registered) | 0.56% | 0.53% | 0.53% |
 CBACommonwealth Bank of Australia | 0.54% | 0.50% | 0.50% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.50% | 0.47% | 0.47% |
 BHPBHP Group Ltd. | 0.49% | 0.47% | 0.47% |
 TTETotalEnergies SE EUR2.5 | 0.43% | 0.43% | 0.43% |
 7203Toyota Motor Corp. NPV | 0.52% | 0.43% | 0.43% |
 TDThe Toronto-Dominion Bank COM NEW | 0.46% | 0.43% | 0.43% |
 SANBanco Santander SA | 0.45% | 0.42% | 0.42% |
 SAPSAP SE | 0.44% | 0.41% | 0.41% |
 SUSchneider Electric SE | 0.44% | 0.41% | 0.41% |
 ALVAllianz SE (Registered) | 0.44% | 0.41% | 0.41% |
 ENRSiemens Energy AG | 0.40% | 0.39% | 0.39% |
Showing the top 250 of 2515 shared holdings by overlap weight.
Frequently Asked Questions
How much do VEU and IXUS overlap?
VEU and IXUS overlap by 88.2% of portfolio weight. They share 2515 holdings (VEU holds 3855 positions and IXUS holds 4190), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VEU and IXUS?
The two portfolios are 88.2% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of VEU and IXUS?
The largest positions held by both funds are TSMWF, 005930, ASML, 000660 and 700. Together the top 10 shared positions account for 14% of the total overlap.
What does VEU own that IXUS doesn't?
1340 positions (3.6% of VEU) are unique to VEU, led by AIR LIQUIDE-PRIM, L'OREAL SA and WCN. In the other direction, 1675 positions (9.2% of IXUS) are unique to IXUS.