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VEU

GradeANew York Stock Exchange Arca

Vanguard FTSE All-World ex-US ETF

Broad Stock Market · Vanguard · Inception 2007-03-02 · SEC filings

$84.11−1.33 (−1.56%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 85.44 to 84.11. Range 83.81 to 84.69. Use the arrow keys to read each point.$83.80$84.40$84.6010 AM12 PM2 PM4 PM
Expense ratio
0.04%
Fund size
$98.6B
1Y return
+22.9%
Yield · Last 12 months
2.29%
Holdings
3823
Volume · 30D
2.6M sh
NAV per share
$85.36
52W range
low $70.09high $86.52

The ETF.net VEU Grade

A

82/ 100

Rank 1 of 8 in Total International Market

Confidence High

Six-pillar profile for VEU. Scores out of 100: Cost 93, Risk 54, Mission 100, Tradability 73, Holdings 69, Durability 82. Strongest: Mission (100). Weakest: Risk (54). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 82 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 93
    Category rank1/8 · top 13%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank6/7 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank5/8 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 73
    Category rank2/8 · top 25%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 69
    Category rank4/8 · top 50%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 82
    Category rank2/8 · top 25%

Graded as of Sep 22, 2026

Our read on VEU

ETF.net Research

AOne ticker for everything outside America: roughly 3,800 stocks spanning developed and emerging markets, for 0.04% a year. Vanguard has run it since 2007, and it costs a fraction of what the typical international blend fund charges.

Stated mandate

The fund seeks to track the investment performance of the FTSE All-World ex US Index, providing broad exposure to developed and emerging non-U.S. equity markets.

Why people hold it

  1. 01At 0.04% a year, it undercuts the typical international blend fund (0.28% median) and comes in below IXUS and VPL at 0.07%, never mind ACWX at 0.32%.
  2. 02About 3,800 stocks across developed and emerging markets outside the US. One line in your portfolio, most of the planet's listed companies behind it.investor.vanguard.com
  3. 03Trading since 2007, now a multi-billion-dollar fund that changes hands actively, and it has stayed tight to its stated job of tracking the FTSE All-World ex US Index.
  4. 04One of the strongest builds in the international blend group: broad mandate, rock-bottom fee, steady index discipline.

Worth knowing

  1. 01No US stocks, by design. This is the other half of a portfolio rather than the whole of one.advisors.vanguard.com
  2. 02Emerging markets come baked in, not bolted on. Hold a dedicated EM fund alongside it and you'll own some of the same names twice.
  3. 03Everything inside is priced in foreign currency, so exchange rates push returns around on top of what the stocks do. Income arrives quarterly.

VEU Holdings

As of Sep 21, 2026, 7:23 PM
Asset class
Stocks
Holdings
3,823
Top-10 weight
15%
Largest holding
2330.TW4.4%

Sectors

  • Financials24.3%
  • Technology20.3%
  • Industrials14.6%
  • Consumer Discr.7.9%
  • Materials7.2%
  • Health Care6.9%
  • Cons. Staples4.8%
  • Energy4.8%
  • Communication4.5%
  • Utilities2.9%
  • Real Estate1.8%

Geography

  • Japan15.57%
  • Taiwan8.63%
  • United Kingdom7.79%
  • Canada7.71%
  • China6.54%
  • South Korea6.50%
  • Switzerland5.54%
  • Germany4.94%
  • Other countries (44)36.79%

Developed 67% · Emerging 33% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 258.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTaiwan Semiconductor Manufacturing Co Ltd4.36%57,966,731$4.4B175
002005930.KSSamsung Electronics Co Ltd2.08%11,029,713$2.1B176
003000660.KSSK hynix Inc1.60%1,324,592$1.6B184
004ASML.ASASML Holding NV1.56%921,931$1.6B194
005SLBBH11421.11%11,137,405$1.1B39
0060700.HKTencent Holdings Ltd0.86%14,925,204$857M153
007HSBA.LHSBC Holdings PLC0.84%40,993,953$840M145
008ROP.SWRoche Holding AG0.73%1,679,689$732M196
009RY.TORoyal Bank of Canada0.68%3,341,671$683M92
010NOVN.SWNovartis AG0.68%4,456,021$678M183
0119988.HKAlibaba Group Holding Ltd0.65%45,291,240$647M128
012SHEL.LShell PLC0.61%13,404,943$614M159
013NESN.SWNestle SA0.60%6,148,538$598M162
0148306.TMitsubishi UFJ Financial Group Inc0.59%25,983,154$592M155
015SIE.DESiemens AG0.58%1,752,499$581M152

Showing 1–15 of 3864 holdings

VEU Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VEU$12,286
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. VEU $12,286. SPY $11,723. Use the arrow keys to read each point.$9,302$10,964$12,625Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VEU. Periods over one year show the average yearly return.
PeriodVEU
Year to date+17.1%
1 month−0.1%
3 months+0.5%
1 year+22.9%
3 years+21.0%per year
5 years+9.8%per year
10 years+9.5%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VEU
YearReturn barVEU
2026 YTD+17.1%
2025+32.3%
2024+5.6%
2023+15.9%
2022−15.6%
2021+8.3%
2020+11.1%

VEU in the news

ETF.net Research hasn’t filed on VEU yet — coverage lands here as it’s written.

VEU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.29%Last 12 months
Payout per share
$1.96Last 12 months
Last payment
$0.20 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.15; Jun 21, 2017 $0.54; Sep 20, 2017 $0.30; Dec 21, 2017 $0.46; Mar 26, 2018 $0.16; Jun 22, 2018 $0.61; Sep 26, 2018 $0.27; Dec 24, 2018 $0.45; Mar 25, 2019 $0.18; Jun 17, 2019 $0.58; Sep 24, 2019 $0.33; Dec 23, 2019 $0.58; Mar 23, 2020 $0.12; Jun 22, 2020 $0.25; Sep 21, 2020 $0.34; Dec 21, 2020 $0.45; Mar 22, 2021 $0.16; Jun 21, 2021 $0.51; Sep 20, 2021 $0.37; Dec 20, 2021 $0.85; Mar 21, 2022 $0.11; Jun 21, 2022 $0.58; Sep 19, 2022 $0.26; Dec 19, 2022 $0.62; Mar 20, 2023 $0.12; Jun 20, 2023 $0.61; Sep 18, 2023 $0.30; Dec 18, 2023 $0.84; Mar 15, 2024 $0.22; Jun 21, 2024 $0.46; Sep 20, 2024 $0.25; Dec 20, 2024 $0.94; Mar 21, 2025 $0.19; Jun 20, 2025 $0.47; Sep 19, 2025 $0.35; Dec 19, 2025 $1.26; Mar 20, 2026 $0.11; Jun 18, 2026 $0.39; Sep 18, 2026 $0.20. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.20
Jun 18, 2026Jun 23, 2026$0.39
Mar 20, 2026Mar 24, 2026$0.11
Dec 19, 2025Dec 23, 2025$1.26
Sep 19, 2025Sep 23, 2025$0.35
Jun 20, 2025Jun 24, 2025$0.47
Mar 21, 2025Mar 25, 2025$0.19
Dec 20, 2024Dec 24, 2024$0.94
Sep 20, 2024Sep 24, 2024$0.25
Jun 21, 2024Jun 25, 2024$0.46
Mar 15, 2024Mar 20, 2024$0.22
Dec 18, 2023Dec 21, 2023$0.84

VEU Risk

How much the fund’s monthly returns vary, scaled to a year.
12.1%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.21
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−28.5%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.91
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

VEU Cost

Expense ratio0.04%
  • The middle half of Total International Market funds
  • Median 0.23%

No Total International Market fund charges less.

VEU costs $4.00 a year on $10,000. The median Total International Market fund costs $23.00.