VEU vs VEA: Holdings Overlap
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (VEU: 2026-04-30, VEA: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are VEU and VEA?
Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 1490 holdings in common, and by portfolio weight the two funds are 71.7% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 71.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1490VEU holds 3855 · VEA holds 3886
- Weight in Shared Holdings
- VEU 72%·VEA 91%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
2365 of 3855 positions (26.7% of the fund) are not held by VEA. Showing the top 30 by weight.
Sector Breakdown
| Sector | VEU | VEA |
|---|---|---|
| Financials | 20.0% | 20.4% |
| Information Technology | 16.2% | 9.9% |
| Industrials | 11.7% | 13.9% |
| Health Care | 5.6% | 7.3% |
| Materials | 5.4% | 6.2% |
| Other Sectors | 22.6% | 22.9% |
| Unclassified | 17.4% | 18.5% |
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, 19% of VEA).
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% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
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 VEA →
Shared Holdings(1490)
The top 10 shared positions account for 13% of the overlap, led by 005930, ASML and 000660.
 005930Samsung Electronics Co Ltd | 1.81% | 1.88% | 1.81% |
|---|---|---|---|
 ASMLASML Holding NV | 1.43% | 1.77% | 1.43% |
 000660SK hynix Inc | 1.23% | 1.05% | 1.05% |
 HSBAHSBC Holdings PLC | 0.80% | 0.97% | 0.80% |
 ROPRoche Holding AG | 0.73% | 0.96% | 0.73% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.72% | 1.01% | 0.72% |
 NOVNNovartis AG (Registered) | 0.72% | 1.01% | 0.72% |
 NESNNestle SA (Registered) | 0.66% | 0.87% | 0.66% |
 SHELShell PLC | 0.66% | 0.90% | 0.66% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.64% | 0.78% | 0.64% |
 SIESiemens AG (Registered) | 0.56% | 0.61% | 0.56% |
 CBACommonwealth Bank of Australia | 0.54% | 0.67% | 0.54% |
 7203Toyota Motor Corp. NPV | 0.52% | 0.76% | 0.52% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.50% | 0.64% | 0.50% |
 BHPBHP Group Ltd. | 0.49% | 0.61% | 0.49% |
 TDThe Toronto-Dominion Bank COM NEW | 0.46% | 0.54% | 0.46% |
 SANBanco Santander SA | 0.45% | 0.56% | 0.45% |
 ALVAllianz SE (Registered) | 0.44% | 0.55% | 0.44% |
 SAPSAP SE | 0.44% | 0.60% | 0.44% |
 SUSchneider Electric SE | 0.44% | 0.51% | 0.44% |
 TTETotalEnergies SE EUR2.5 | 0.43% | 0.57% | 0.43% |
 ENRSiemens Energy AG | 0.40% | 0.44% | 0.40% |
 ABBNABB Ltd. (Registered) | 0.40% | 0.43% | 0.40% |
 IBEIberdrola SA | 0.39% | 0.52% | 0.39% |
 SHOPShopify, Inc., Class A | 0.38% | 0.50% | 0.38% |
Showing the top 250 of 1490 shared holdings by overlap weight.
Frequently Asked Questions
How much do VEU and VEA overlap?
VEU and VEA overlap by 71.7% of portfolio weight. They share 1490 holdings (VEU holds 3855 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VEU and VEA?
The two portfolios are 71.7% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of VEU and VEA?
The largest positions held by both funds are 005930, ASML, 000660, HSBA and ROP. Together the top 10 shared positions account for 13% of the total overlap.
What does VEU own that VEA doesn't?
2365 positions (26.7% of VEU) are unique to VEU, led by TSMWF, 700 and 9988. In the other direction, 2396 positions (8.5% of VEA) are unique to VEA.