VEU vs VGK ETF holdings comparison
Vanguard FTSE All-World ex-US ETF (VEU) · Vanguard FTSE Europe ETF (VGK)
VEU and VGK overlap by 36.1% by portfolio weight. The remaining 63.9 percentage points are not counted as shared holdings weight by this calculation. They share 502 stocks; the largest shared position is ASML Holding NV (ticker unavailable), contributing 1.43% to the overlap.
What this means
VEU and VGK share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
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.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in VEU | in VGK |
|---|---|---|---|
| ASML Holding NV | N/A | 1.43% | 3.61% |
| HSBC Holdings PLC | N/A | 0.80% | 2.03% |
| Roche Holding AG | N/A | 0.73% | 1.84% |
| AstraZeneca PLC | N/A | 0.72% | 1.83% |
| Novartis AG | N/A | 0.72% | 1.83% |
| Nestle SA | N/A | 0.66% | 1.68% |
| Shell PLC | N/A | 0.66% | 1.66% |
| Siemens AG | N/A | 0.56% | 1.40% |
| Banco Santander SA | N/A | 0.45% | 1.15% |
| Allianz SE | N/A | 0.44% | 1.12% |
Holdings only in VEU or VGK
VEU has 3288 fund-only positions representing approximately 62.1 percentage points of reported exposure; VGK has 704 fund-only positions representing approximately 7.8 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in VEU
| Company | Ticker | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | N/A | 4.28% |
| Samsung Electronics Co Ltd | N/A | 1.81% |
| SK hynix Inc | N/A | 1.23% |
| Tencent Holdings Ltd | N/A | 0.96% |
| Alibaba Group Holding Ltd | N/A | 0.75% |
| Royal Bank of Canada | RY | 0.64% |
| Commonwealth Bank of Australia | N/A | 0.54% |
| Toyota Motor Corp | N/A | 0.52% |
| Mitsubishi UFJ Financial Group Inc | N/A | 0.50% |
| BHP Group Ltd | N/A | 0.49% |
Largest positions only in VGK
| Company | Ticker | Weight |
|---|---|---|
| L'Oreal SA | N/A | 0.10% |
| Accelleron Industries AG | N/A | 0.06% |
| Gaztransport Et Technigaz SA | N/A | 0.06% |
| Games Workshop Group PLC | N/A | 0.06% |
| Subsea 7 SA | N/A | 0.05% |
| NKT A/S | N/A | 0.05% |
| Storebrand ASA | N/A | 0.05% |
| Nexans SA | N/A | 0.05% |
| Nordex SE | N/A | 0.05% |
| Aedifica SA | N/A | 0.05% |
FAQ
How much do VEU and VGK overlap?
VEU and VGK have 36.1% overlap by weight, sharing 502 equity positions (out of 3790 in VEU and 1206 in VGK). The official holdings files used are dated 2026-04-30 for VEU and 2026-04-30 for VGK.
What does 36.1% overlap mean?
VEU and VGK share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do VEU and VGK both hold?
The largest shared positions are ASML Holding NV, HSBC Holdings PLC, Roche Holding AG, AstraZeneca PLC, Novartis AG. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between VEU and VGK?
VEU has 3288 positions not found in VGK, while VGK has 704 positions not found in VEU. The largest fund-only positions and their weights are shown on this page.