SCHF vs VEA: Grades, Fees and Holdings Compared

Schwab International Equity ETF

SCHFANYSE Arca

Vanguard FTSE Developed Markets ETF

VEAANYSE Arca

Overlap

70.3%by weight

Expense ratio

SCHF0.03%VEA0.03%

Avg volume · 30D

VEA 1.2×the volume

SCHF8.2MVEA10.1M

10Y return · a year

SCHF +0.1pt

SCHF+9.9%VEA+9.8%

SCHF vs VEA Performance

Oct 29, 2021 – Oct 30, 2026

+57.5%SCHF+55.4%VEA

Expense ratio: SCHF 0.03%; VEA 0.03%
Fund size: SCHF $67.7B; VEA $314B
1Y total return: SCHF +17.5%, better; VEA +16.9%
Yield (12M): SCHF 3.12%, better; VEA 2.45%
Holdings: SCHF 1433; VEA 3914
Avg volume (30D): SCHF 8.2M sh; VEA 10.1M sh, better
NAV per share: SCHF $27.08; VEA $69.29
52W range

ETF.net Grade

Pillar letters and Scores for SCHF, VEA, with each pillar’s weight
Pillar	SCHF	VEA
Cost30% weight	A90	A90
Mission25% weight	A100	A100
Risk15% weight	C43	C43
Tradability15% weight	B58	B58
Holdings10% weight	B57	A84Higher
Durability5% weight	A71	A91Higher

Rank among Developed International Core funds

How we build Categories ›

Same Category. SCHF and VEA are both graded against the same 20 Developed International Core funds, so their Grades compare head to head.

Developed International Core⁠

Category · 20 funds

See all 20 ›

VEA ranks 2nd and SCHF 4th of 20 funds in the Developed International Core Category.

Rank 1AIDEViShares Core MSCI International Developed Markets ETFScore 81
Rank 2ASPDWState Street SPDR Portfolio Developed World ex-US ETFScore 80
Rank 2AVEAVanguard FTSE Developed Markets ETFScore 80
Rank 4AIEFAiShares Core MSCI EAFE ETFScore 76
Rank 4ASCHFSchwab International Equity ETFScore 76
Rank 6ABKIEBNY Mellon International Equity ETFScore 72

Our read on each fund

ETF.net Research

SCHFASchwab International Equity ETF

VEAAVanguard FTSE Developed Markets ETF

In short

SCHF Schwab's core answer to "everything outside the US": roughly 1,500 developed-market stocks for 0.03% a year, the floor for this category. Running since 2009 and one of the most heavily traded funds in its niche.

VEA Everything developed outside the US in one line item: roughly 3,900 stocks across Canada, Europe and the Pacific, small caps included. Vanguard has run it since 2007 at three basis points.

Stated mandate

SCHF The fund seeks to track the total return of the FTSE Developed ex US Index as closely as possible before fees and expenses.

VEA Seeks to track the FTSE Developed All Cap ex US Index through an indexing strategy investing substantially all assets in the index’s large-, mid-, and small-cap stocks across Canada, Europe, and the Pacific region.

Why people hold it

SCHF 0.03% a year is the cheapest tier in developed-international core, matched only by VEA and SPDW.
Tracks the FTSE Developed ex US Index tightly, one of the closest index fits in its peer group.
Roughly 1,500 stocks across Europe, Japan and the rest of the developed world ex-US, in one ticker.
A multi-billion-dollar fund that trades very actively, which helps keep bid-ask costs small. Live since 2009.

VEA Charges 0.03% a year against a 0.18% median for its peer group. Low cost is the whole point of index exposure, and this sits at the cheap end of it.
The index reaches down to small caps and keeps Canada in, so you own about 3,900 companies across Canada, Europe and the Pacific, not just the mega-cap layer.vanguard.com
Tracks its FTSE benchmark closely and trades in heavy volume, which keeps the spread to get in or out slim, whether the order is small or institutional.
Live since 2007 and one of the largest international stock funds on the market. Distributions come quarterly.

Worth knowing

SCHF No currency hedge. The index holds foreign shares in dollars, so exchange-rate swings feed into your return alongside the stocks.
Developed markets only: no US names, and no emerging markets such as China, India or Brazil.
Weighted by market value, so Europe's and Japan's largest companies dominate the top of the book despite the wide holdings list.

VEA Developed markets only, and no US stocks. Emerging markets and the home market sit outside the mandate entirely.vanguard.com
The 0.03% fee is matched, not owned: SPDW and SCHF price the same and IDEV is a hair above. The separator here is index construction, not cost.
Plain index exposure, no buffer or downside protection. Foreign markets and the small-cap sleeve can swing hard, and the fund holds the full ride.

Full SCHF profile⁠

Full VEA profile⁠

SCHF vs VEA Holdings

How SCHF and VEA differ

Overlap by weight

70.3%

Shared holdings make up 78.7% of SCHF and 71.1% of VEA.

Level by level

Holdings1,189 in both70.3%
Sector11 Sectors95.7%
Countryby domicile96.8%
Asset classEquity100%

Sector

Sector weights in SCHF and VEA, widest gap first
Sector	More in SCHFMore in VEA	SCHF	VEA
Industrials	VEA +3.3 points	14.2%	17.5%
Financials	SCHF +2.0 points	26.4%	24.4%
Energy	SCHF +1.2 points	6.1%	4.9%
Consumer Staples	SCHF +0.5 points	5.8%	5.3%
Real Estate	VEA +0.4 points	1.9%	2.3%
Materials	VEA +0.4 points	7.2%	7.6%
Utilities	SCHF +0.3 points	3.4%	3.1%
Communication	VEA +0.2 points	3.1%	3.3%
Health Care	SCHF +0.2 points	8.0%	7.8%
Technology	SCHF +0.2 points	17.1%	16.9%
Consumer Discretionary	Same weight	6.9%	6.9%

Country, concentration and asset class

Country by domicile

Country weights in SCHF and VEA, widest gap first
Country	More in SCHFMore in VEA	SCHF	VEA
Switzerland	SCHF +0.9 points	7.5%	6.6%
United States	SCHF +0.8 points	0.8%	0.0%
South Korea	VEA +0.8 points	8.4%	9.2%
Other countries (27)	VEA +0.9 points	83.3%	84.2%

Outside the US: SCHF 89% developed, 11% emerging. VEA 89% developed, 11% emerging.

Concentration

Weight in the 10 largest Holdings

SCHF14.3%
VEA13.6%

Securities held

SCHF1,421
VEA3,890

Asset class

SCHF: Equity
VEA: Equity

Holdings

Only in SCHF232
In both1,189
Only in VEA2,701

Only in SCHF

232 securities, 21.3% of SCHF by weight

Asml Holding2.23%
Banco Santander0.90%
Sap0.78%
Totalenergies0.65%
Allianz0.64%
Schneider Electric0.54%
Rolls-Royce Holdings PLC0.49%
Banco Bilbao Vizcaya Argentaria0.47%
Bp PLC0.45%
Airbus0.44%
Lair Liquide Societe Anonyme Pour0.44%
Novo Nordisk Class B0.43%
Siemens Energy N AG0.39%
Loreal SA0.37%
Safran SA0.37%
Lvmh0.36%
Deutsche Telekom N AG0.34%
National Grid PLC0.29%
Bae Systems PLC0.28%
Axa SA0.27%
Investor Class B0.26%
Anheuser-Busch Inbev SA0.26%
Vinci SA0.20%
Essilorluxottica SA0.20%
Nordea Bank0.20%
Compass Group PLC0.19%
Argenx0.19%
Basf N0.18%
Volvo Class B0.17%
Atlas Copco Class A0.17%
Teva Pharmaceutical Industries0.16%
Societe Generale SA0.16%
Ferrari0.16%
Generali0.15%
Danone SA0.15%
Asm International NV0.14%
Assa Abloy Class B0.13%
Ucb SA0.13%
Mercedes-Benz Group N AG0.12%
Erste Group Bank AG0.12%
Orange SA0.12%
Koninklijke Ahold Delhaize0.11%
Swedbank Class A0.11%
Skandinaviska Enskilda Banken Clas0.11%
Stmicroelectronics0.11%
Adidas N AG0.10%
Teck Resources Subordinate Voting0.10%
Ericsson Class B0.10%
Aviva PLC0.10%
Ferrovial NV0.10%

Only in VEA

2,701 securities, 28.8% of VEA by weight

ASML Holding NV2.14%
SLBBH11421.07%
Sap SE0.63%
Banco Santander SA0.62%
Allianz SE0.55%
Schneider Electric SE0.55%
TotalEnergies SE0.53%
Rolls-Royce Holdings PLC0.50%
Banco Bilbao Vizcaya Argentaria SA0.49%
Safran SA0.40%
Airbus SE0.39%
Siemens Energy AG0.38%
Novo Nordisk A/S0.37%
Bp PLC0.36%
LVMH Moet Hennessy Louis Vuitton SE0.34%
Deutsche Telekom AG0.31%
Sanofi SA0.27%
Axa SA0.24%
BAE Systems PLC0.23%
National Grid PLC0.23%
Air Liquide SA0.23%
Investor AB0.23%
Anheuser-Busch InBev SA/NV0.22%
L'Oreal SA0.20%
Nordea Bank Abp0.20%
Argenx SE0.19%
Vinci SA0.18%
Societe Generale SA0.16%
Atlas Copco AB0.16%
Volvo AB0.16%
Basf SE0.16%
Compass Group PLC0.16%
EssilorLuxottica SA0.15%
ASM International NV0.14%
Generali0.14%
Teva Pharmaceutical Industries Ltd0.14%
Ferrari NV0.14%
Danone SA0.13%
Air Liquide SA0.12%
Erste Group Bank AG0.12%
Mercedes-Benz Group AG0.11%
Skandinaviska Enskilda Banken AB0.11%
Assa Abloy AB0.11%
STMicroelectronics NV0.10%
Swedbank AB0.10%
Orange SA0.10%
L'Oreal SA0.10%
Koninklijke Ahold Delhaize NV0.10%
Teck Resources Ltd0.10%
Engie SA0.09%

Weight gaps

The 100 widest of 1,189 Holdings in both funds.

Holding weights in SCHF and VEA, widest gap first
Holding	More in SCHFMore in VEA	SCHF	VEA
Roche Ps Par AG	SCHF +0.27 points	1.17%	0.90%
ShellSHEL.L	SCHF +0.23 points	1.09%	0.86%
Novartis AG	SCHF +0.21 points	1.03%	0.82%
Nestle SA	SCHF +0.17 points	0.89%	0.72%
Astrazeneca PLCAZN.L	SCHF +0.15 points	0.90%	0.75%
Shopify Subordinate Voting Class A	SCHF +0.14 points	0.70%	0.56%
Royal Bank of Canada	SCHF +0.14 points	0.99%	0.85%
Commonwealth Bank of Australia	SCHF +0.13 points	0.67%	0.54%
Toronto Dominion	SCHF +0.12 points	0.72%	0.60%
Engie SA	SCHF +0.12 points	0.17%	0.05%
Recruit Holdings Ltd	SCHF +0.11 points	0.55%	0.44%
Toyota Motor	SCHF +0.10 points	0.70%	0.60%
Canadian Natural Resources Ltd	SCHF +0.09 points	0.39%	0.30%
Advantest	SCHF +0.08 points	0.58%	0.50%
Iberdrola	SCHF +0.08 points	0.56%	0.48%
Softbank Group Corp	VEA +0.08 points	0.39%	0.47%
British American TobaccoBATS.L	SCHF +0.08 points	0.42%	0.34%
Sony Group	SCHF +0.08 points	0.51%	0.43%
Zurich Insurance Group AG	SCHF +0.07 points	0.38%	0.31%
Suncor Energy Inc	SCHF +0.07 points	0.32%	0.25%
Siemens N AG	SCHF +0.06 points	0.76%	0.70%
Unilever PLCULVR.L	SCHF +0.06 points	0.45%	0.39%
Canadian Imperial Bank of Commerce	SCHF +0.06 points	0.37%	0.31%
Samsung Electronics Ltd	VEA +0.06 points	2.75%	2.81%
Bank of Montreal	SCHF +0.06 points	0.43%	0.37%
Bank of Nova Scotia	SCHF +0.05 points	0.40%	0.35%
Enbridge	SCHF +0.06 points	0.38%	0.32%
Relx PLCREL.L	SCHF +0.05 points	0.23%	0.18%
Ubs Group AG	SCHF +0.05 points	0.51%	0.46%
National Australia Bank	SCHF +0.05 points	0.31%	0.26%
Westpac Banking Corporation Corp	SCHF +0.05 points	0.31%	0.26%
Brookfield Class A	SCHF +0.05 points	0.29%	0.24%
Tokio Marine Holdings	SCHF +0.05 points	0.34%	0.29%
Genmab	SCHF +0.04 points	0.11%	0.07%
Anz Group Holdings Ltd	SCHF +0.05 points	0.30%	0.25%
Muenchener Rueckversicherungs-Gese	SCHF +0.05 points	0.27%	0.22%
Itochu	SCHF +0.05 points	0.32%	0.27%
Sk Hynix	VEA +0.05 points	2.25%	2.30%
London Stock Exchange Group PLCLSEG.L	SCHF +0.04 points	0.20%	0.16%
Takeda Pharmaceutical	SCHF +0.05 points	0.23%	0.18%
Kioxia Holdings	VEA +0.04 points	0.37%	0.41%
Tc Energy	SCHF +0.04 points	0.23%	0.19%
Bhp Group Ltd	SCHF +0.04 points	0.71%	0.67%
Mitsubishi	SCHF +0.04 points	0.34%	0.30%
Manulife Financial	SCHF +0.04 points	0.26%	0.22%
Fast Retailing	SCHF +0.04 points	0.29%	0.25%
Enel	SCHF +0.04 points	0.27%	0.23%
Csl	SCHF +0.04 points	0.23%	0.19%
Constellation Software	SCHF +0.04 points	0.16%	0.12%
Waste Connections	SCHF +0.04 points	0.16%	0.12%
Mitsubishi Ufj Financial Group	SCHF +0.04 points	0.82%	0.78%
Deutsche Boerse AG	SCHF +0.04 points	0.22%	0.18%
Lonza Group AG	SCHF +0.04 points	0.19%	0.15%
Hoya	SCHF +0.03 points	0.19%	0.16%
Canadian Pacific Kansas City	SCHF +0.04 points	0.27%	0.23%
Eni	SCHF +0.03 points	0.19%	0.16%
Sandoz Group AG	SCHF +0.03 points	0.14%	0.11%
Swiss Re AG	SCHF +0.04 points	0.19%	0.15%
GlaxosmithklineGSK.L	SCHF +0.03 points	0.33%	0.30%
Mitsui	SCHF +0.03 points	0.27%	0.24%
Dsv	SCHF +0.03 points	0.14%	0.11%
National Bank of Canada	SCHF +0.03 points	0.20%	0.17%
Rheinmetall AG	SCHF +0.03 points	0.18%	0.15%
Tokyo Electron	VEA +0.03 points	0.48%	0.51%
Galderma Group N AG	SCHF +0.03 points	0.14%	0.11%
Canadian National Railway	SCHF +0.03 points	0.23%	0.20%
Tesco PLCTSCO.L	SCHF +0.03 points	0.15%	0.12%
Industria De Diseno Textil SA	SCHF +0.03 points	0.24%	0.21%
Experian PLCEXPN.L	SCHF +0.03 points	0.12%	0.09%
E.on N	SCHF +0.03 points	0.16%	0.13%
Macquarie Group Ltd Def	SCHF +0.03 points	0.21%	0.18%
Lenovo Group	VEA +0.03 points	0.07%	0.10%
Givaudan SA	SCHF +0.02 points	0.12%	0.10%
Hsbc Holdings PLCHSBA.L	VEA +0.03 points	1.02%	1.05%
Fujitsu	SCHF +0.03 points	0.16%	0.13%
Aia Group	SCHF +0.02 points	0.32%	0.30%
Fairfax Financial Holdings Sub Vot	SCHF +0.03 points	0.13%	0.10%
Japan Tobacco	SCHF +0.03 points	0.18%	0.15%
Dollarama	SCHF +0.02 points	0.13%	0.11%
Samsung Electronics Non Voting Pre	SCHF +0.03 points	0.38%	0.35%
Diageo PLCDGE.L	SCHF +0.02 points	0.17%	0.15%
Dhl N AG	SCHF +0.03 points	0.21%	0.18%
Power Corporation of Canada	SCHF +0.03 points	0.13%	0.10%
Shin Etsu Chemical	SCHF +0.03 points	0.24%	0.21%
Imperial Brands PLCIMB.L	SCHF +0.03 points	0.10%	0.07%
Reckitt Benckiser Group PLCRKT.L	SCHF +0.03 points	0.16%	0.13%
Holcim Ltd AG	SCHF +0.03 points	0.15%	0.12%
Sse PLCSSE.L	SCHF +0.03 points	0.15%	0.12%
Sun Life Financial Inc	SCHF +0.03 points	0.16%	0.13%
Nintendo	SCHF +0.02 points	0.18%	0.16%
Alimentation Couche Tard Inc	SCHF +0.02 points	0.15%	0.13%
Alcon AG	SCHF +0.02 points	0.12%	0.10%
MS&AD Insurance Group Holdings	SCHF +0.02 points	0.15%	0.13%
Honda Motor	SCHF +0.02 points	0.14%	0.12%
Dbs Group Holdings Ltd	SCHF +0.02 points	0.40%	0.38%
Wolters Kluwer	SCHF +0.02 points	0.07%	0.05%
Pembina Pipeline	SCHF +0.02 points	0.10%	0.08%
Intact Financial Corp	SCHF +0.02 points	0.11%	0.09%
Marubeni	SCHF +0.02 points	0.16%	0.14%
Woodside Energy Group Ltd	SCHF +0.02 points	0.15%	0.13%

All 1,441 SCHF holdings⁠All 3,873 VEA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SCHF vs VEA Cost

Same expense ratio

$638

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

SCHF 0.03%
$638
VEA 0.03%
$638

Amount$10,000

Years30 years

Cost over time

SCHF 0.03%
VEA 0.03%

Year by year

Year	SCHF	VEA
10	$55	$55
20	$216	$216
30	$638	$638

Expense ratio

0.03%SCHF
0.03%VEA

SCHF0.03%VEA0.03%

0.03%0.70%

Middle half of Developed International Core funds
Median 0.10%

SCHF cheapest of 20 funds

VEA cheapest of 20 funds

SCHF vs VEA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SCHF 3.12%, better; VEA 2.45%
Payout (12M): SCHF $0.84; VEA $1.70
Last payment: SCHF $0.17; VEA $0.18
Ex-dividend: SCHF Jun 24, 2026; VEA Sep 18, 2026
Paid on: SCHF Jun 29, 2026; VEA Sep 22, 2026
Frequency: SCHF Twice a year; VEA Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHFTwice a year · 18 paymentsAll SCHF payments⁠

VEAQuarterly · 39 paymentsAll VEA payments⁠

SCHF vs VEA Risk

Fall from peak · 5 years

SCHF
VEA

Risk facts

VolatilityStd dev, 3 years: SCHF 12.7%, betterVEA 12.9%
Return per unit of riskSharpe ratio, 3 years: SCHF 1.27, betterVEA 1.25
Worst fallMax drawdown, 5 years: SCHF −28.8%, betterVEA −29.4%
Market sensitivityBeta, 5 years: SCHF 1.03VEA 0.97; Market = 1

SCHF and VEA in the news

All news⁠

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Updated Oct 2, 2026SCHFVEA
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Head-to-Head
South Korea is the difference between VWO and IEMG
Oct 20, 2026VEA
Head-to-Head
VXUS already holds the stocks in VEA
Oct 19, 2026VEA
First-Year Review
Vanguard Emerging Markets ex-China returned 27.4%; iShares MSCI ex China returned 48.6%
Oct 1, 2026VEA
ETF Filings
Transamerica files TAVI, a Great Lakes EAFE ETF, as a $4.27 billion fund changes sub-adviser
Sep 22, 2026VEA

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SCHF vs VEA

In short

Stated mandate

Why people hold it