VEA vs VEU: how much do they overlap?
Vanguard FTSE Developed Markets ETF (VEA) · Vanguard FTSE All-World ex-US ETF (VEU)
overlap by weight · 1471 shared holdings
VEA: 3862 holdings (as of 2026-03-31) · VEU: 3816 holdings (as of 2026-04-30)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
High overlap
What this means
VEA and VEU are largely the same portfolio. Holding both adds little diversification — most dollars end up in the same underlying stocks.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in VEA | in VEU |
|---|---|---|---|
| Samsung Electronics Co Ltd | — | 1.88% | 1.81% |
| ASML Holding NV | — | 1.77% | 1.43% |
| SK hynix Inc | — | 1.05% | 1.23% |
| HSBC Holdings PLC | — | 0.97% | 0.8% |
| Roche Holding AG | — | 0.96% | 0.73% |
| AstraZeneca PLC | — | 1.01% | 0.72% |
| Novartis AG | — | 1.01% | 0.72% |
| Nestle SA | — | 0.87% | 0.66% |
| Shell PLC | — | 0.9% | 0.66% |
| Royal Bank of Canada | RY | 0.78% | 0.64% |
FAQ
How much do VEA and VEU overlap?
VEA and VEU have a 71.3% overlap by weight, sharing 1471 holdings (out of 3862 in VEA and 3816 in VEU), based on official issuer holdings as of 2026-03-31.
What does 71.3% overlap mean?
VEA and VEU are largely the same portfolio. Holding both adds little diversification — most dollars end up in the same underlying stocks.
Which stocks do VEA and VEU both hold?
The largest shared positions are Samsung Electronics Co Ltd, ASML Holding NV, SK hynix Inc, HSBC Holdings PLC, Roche Holding AG. The full list of top shared holdings with weights in each fund is shown on this page.