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ETF comparison

IEFA vs VEU

International Developed vs International Total.

iShares Core MSCI EAFE ETF · Vanguard FTSE All-World ex-US Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
57.8 %

1,168 positions appear in both funds. Buying equal dollars of IEFA and VEU would leave roughly 57.8% of each dollar exposed to the same underlying securities.

IEFA unmatched 41.7% Shared 57.8% VEU unmatched 40.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In IEFA only
1,445 positions
Shared
1,168 positions
In VEU only
2,678 positions

Side by side

IEFA

iShares Core MSCI EAFE ETF

iShares · International Developed

92 composite / 100
Expense ratio
0.070%
Net assets
$190.21B
TTM yield
3.44%
Top-10 conc.
11.9%
VEU

Vanguard FTSE All-World ex-US Index Fund ETF Shares

Vanguard · International Total

93 composite / 100
Expense ratio
0.040%
Net assets
$95.69B
whole fund, 4 share classes
TTM yield
2.43%
Top-10 conc.
14.3%

Sub-score comparison

93
Cost
96
76
Tax efficiency
78
100
Liquidity
100
97
Concentration
94
—
Tracking quality
—
IEFA sub-score VEU

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VEU is 3 bps cheaper than IEFA. On a $100,000 position that's about $30/yr more in fees for IEFA.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IEFA vs VEU.

Top shared holdings

1,168 shared in total
# Holding In IEFA In VEU Overlap
1 ASML Holding N.V. 2.50% 1.58% 1.58%
2 HSBC HOLDINGS PLC 1.42% 0.91% 0.91%
3 Roche Holding AG 1.20% 0.76% 0.76%
4 Novartis AG 1.12% 0.72% 0.72%
5 Nestle S.A. 1.00% 0.64% 0.64%
6 SHELL PLC 1.00% 0.64% 0.64%
7 ASTRAZENECA PLC 1.00% 0.63% 0.63%
8 Mitsubishi UFJ Financial Group, Inc. 0.93% 0.60% 0.60%
9 Siemens Aktiengesellschaft 0.95% 0.60% 0.60%
10 BHP GROUP LIMITED 0.83% 0.53% 0.53%
11 COMMONWEALTH BANK OF AUSTRALIA 0.82% 0.52% 0.52%
12 Banco Santander, S.A. 0.79% 0.51% 0.51%

Only in IEFA

1,445 total
  • SPOTIFY TECHNOLOGY S.A. 0.29%
  • TEVA PHARMACEUTICAL INDUSTRIES LIMITED 0.16%
  • SEA LIMITED 0.16%
  • Nebius Group N.V. 0.15%
  • AerCap Holdings N.V. 0.10%
  • CHECK POINT SOFTWARE TECHNOLOGIES LTD. 0.04%
  • MILLICOM INTERNATIONAL CELLULAR S.A. 0.04%
  • STOREBRAND ASA 0.03%
  • Accelleron Industries AG 0.03%
  • GAZTRANSPORT ET TECHNIGAZ SA 0.03%

Only in VEU

2,678 total
  • Taiwan Semiconductor Manufacturing Co Ltd 4.43%
  • Samsung Electronics Co Ltd 1.99%
  • SK hynix Inc 1.56%
  • Tencent Holdings Ltd 0.95%
  • Royal Bank of Canada 0.73%
  • Alibaba Group Holding Ltd 0.69%
  • Toronto-Dominion Bank/The 0.50%
  • MediaTek Inc 0.39%
  • Shopify Inc 0.36%
  • Bank of Montreal 0.31%

Percentages are holdings overlap with the named fund.

Open IEFA or VEU at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.