VEU: Vanguard FTSE All-World ex-US ETF

What does VEU hold?#

This fund owns shares in thousands of large and medium-sized companies based outside the United States. It includes developed countries, like Japan and the United Kingdom, and emerging markets, like China and India. It leaves out most small companies.

It tracks the FTSE All-World ex US Index. It had 3,810 holdings as of September 30, 2026, according to Vanguard.

What is the VEU expense ratio?#

VEU charges 0.04% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.04% fee comes to about $4 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has VEU done since 2007?#

From March 2007 to October 2026, VEU returned about 5.3% a year. Say you put in $10,000 at the start. It would have been worth about $27,495 at the end, with every dividend reinvested.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

VEU returns by year#

What was VEU’s worst drop?#

A drawdown is how far a fund falls from its last high point. VEU’s worst fall was −61.5%, from October 31, 2007 to March 9, 2009. It got back to that high on July 1, 2014.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold VEU?#

2 classic strategies hold VEU at least some of the time. Each is a set of written rules you can open, test and copy.

• Dual Momentum: Antonacci’s Global Equities Momentum (GEM), by Gary Antonacci, 2014
• Diversified Dual Momentum (Newfound Research), by Corey Hoffstein (Newfound Research), 2019

How does VEU compare with similar ETFs?#

Funds that can stand in for VEU:

• VXUS: Vanguard Total International Stock ETF, 0.05% a year
• IXUS: iShares Core MSCI Total International Stock ETF, 0.07% a year
• SCHF: Schwab International Equity ETF, 0.03% a year
• VEA: Vanguard FTSE Developed Markets ETF, 0.03% a year

See all 8 VEU alternatives, compared on the same dates as VEU.

Test VEU in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add VEU, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for VEU. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from Vanguard. We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.