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Vanguard FTSE All-World ex-US ETF

VEUNYSE ArcaVanguardA

$82.05+1.53 (+1.91%)

As of Nov 4, 2026, 3:05 PM ET

Intraday session: up, 68 prints from 80.52 to 82.05. Range 81.73 to 82.23. Use the arrow keys to read each point.81.0081.5010 AM12 PM2 PM4 PM
Expense ratio
0.04%
Fund size · all share classes
$68.1B
1Y total return
+13.3%
Yield · Last 12 months
2.44%
Holdings
3843
Avg volume · 30D
2.58M sh
52W range
low $70.28high $86.52
Launched
Filings
SEC EDGAR

The ETF.net VEU Grade

A

Score 79 out of 100

Rank
1 of 8
Six-pillar profile for VEU. Scores out of 100: Cost 93, Risk 55, Mission 100, Tradability 55, Holdings 58, Durability 82. Strongest: Mission (100). Weakest: Tradability (55). Leans toward Mission.

Score 79 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A93 out of 100
    Rank 1 of 8
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 7
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 1 of 8
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B55 out of 100
    Rank 4 of 8
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B58 out of 100
    Rank 4 of 8
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A82 out of 100
    Rank 2 of 8

Our read on VEU

ETF.net Research

In short

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

  • At 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%.
  • About 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.vanguard.com
  • Trading 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.
  • One of the strongest builds in the international blend group: broad mandate, rock-bottom fee, steady index discipline.

Worth knowing

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

VEU Holdings

Asset class
Stocks
Holdings
3,843
Top-10 weight
15%
Largest holding
2330.TW4.7%

Sectors

  • Financials24.1%
  • Technology21.9%
  • Industrials14.4%
  • Consumer Discretionary7.4%
  • Materials6.8%
  • Health Care6.8%
  • Energy4.8%
  • Consumer Staples4.7%
  • Communication4.4%
  • Utilities2.9%
  • Real Estate1.8%

Geography

  • Japan16.06%
  • Taiwan9.45%
  • United Kingdom8.11%
  • Canada7.73%
  • China7.09%
  • South Korea6.86%
  • France5.00%
  • Switzerland4.99%
  • Other countries (40)34.70%

Developed 65% · Emerging 35% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 257.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
12330.TWTaiwan Semiconductor Manufacturing Co Ltd4.66%57,947,281$4.54B176
2005930.KSSamsung Electronics Co Ltd2.22%11,008,282$2.16B183
3000660.KSSK hynix Inc1.82%1,368,001$1.77B193
4ASML.ASASML Holding NV1.69%920,150$1.65B204
5No dataSLBBH11420.90%8,798,974$880M39
60700.HKTencent Holdings Ltd0.83%14,899,804$812M152
7HSBA.LHSBC Holdings PLC0.83%40,911,181$808M154
8ROP.SWRoche Holding AG0.72%1,676,211$697M204
9SHEL.LShell PLC0.68%13,922,120$660M164
10RY.TORoyal Bank of Canada0.67%3,334,960$656M96
11NOVN.SWNovartis AG0.65%4,447,779$634M190
129988.HKAlibaba Group Holding Ltd0.63%45,209,640$609M124
138306.TMitsubishi UFJ Financial Group Inc0.62%25,935,854$603M162
14No dataYuan Renminbi0.61%3,968,022,115$591M17
15AZN.LAstraZeneca PLC0.59%3,576,085$577M175

Showing 1–15 of 3843 holdings

VEU Performance

Launched Mar 2, 2007

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

VEU$11,331
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,158
Nov 3, 2025 to Nov 3, 2026. VEU $11,331. SPY $11,158. Use the arrow keys to read each point.$10,000$11,000$12,000Nov 2025May 2026Nov 2026

Nov 3, 2025 – Nov 3, 2026

Returns run to the Nov 3, 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+10.4%
1 month−3.5%
3 months−3.0%
1 year+13.3%
3 yearsper year+18.8%
5 yearsper year+8.2%
10 yearsper year+9.3%

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+10.4%
2025+32.3%
2024+5.6%
2023+15.9%
2022−15.6%
2021+8.3%
2020+11.1%

VEU in the news

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 Nov 3, 2026.
2.44%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

See all 62 payments⁠

$10,000 in VEU 10 years ago paid $3,733 in dividends.⁠

VEU Risk

How much the fund’s monthly returns vary, scaled to a year.
11.9%
Annualised · 36 months to Oct 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.
1.27
vs 3-month T-bills · to Oct 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.

FMP measures it over up to five years of monthly returns.

VEU Cost

Cheapest in Total International Market

$849

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VEU 0.04%

    $849

$10,000
30 years

Cost over time

  • VEU 0.04%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800$1K051015202530VEU $849

Year by year

YearVEU
10$73
20$288
30$849

Other funds in Total International Market