βš”οΈ Head to head

VEU vs VDAL: Which ETF Is Better?

A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.

VEU comes out ahead on 7 of 7 measures. Which matters most depends on you.

They are quite different funds. Only 10% of their portfolios overlap, so this is a choice between two different strategies, not just two providers.

The short answer

πŸ’ΈLower feeVEU wins
VEU
0.07%
VDAL
0.27%

Worth about $14,036 on $100,000 over 20 years.

🏦Bigger fundVEU wins
VEU
$6.5bn
VDAL
$515m

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnVEU wins
VEU
+14.0%
VDAL
+8.8%
πŸ“Š3-year returnToo close to call
VEU
+16.5% a yr
VDAL
–
🏁5-year returnToo close to call
VEU
+9.2% a yr
VDAL
–
βš–οΈCheaper to tradeVEU wins
VEU
0.03%
VDAL
0.06%

A tighter gap between the buy and sell price.

VEU vs VDAL side by side

VEU leads on 7, VDAL on 0VEUVanguard All-World ex US Shares Index ETFVDALVanguard Diversified All Growth Index ETF
The basics
Index trackedFTSE All-World ex US IndexNo single index: a mix of Vanguard index funds
Fund managerVanguardVanguard
Asset classInternational sharesInternational shares
ListedMay 2009Mar 2025
Cost and size
MERyearly fee, lower is better0.07%βœ“0.27%
AUMfund size$6.5bnβœ“$515m
Net flows (Sep)new money in, last month$133mβœ“$33m
Bid/ask spreadtrading cost, lower is better0.03%βœ“0.06%
Total returns
1 month+0.9%βœ“βˆ’0.3%
1 year+14.0%βœ“+8.8%
3 years p.a.+16.5%–
5 years p.a.+9.2%–
$10,000 invested
1 year ago$11,398βœ“$10,881
5 years ago$15,503–

βœ“ marks the better figure on each measure. Returns include distributions, to 30 September 2026.

VEU vs VDAL price chart

Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView

πŸ“ˆ Growth

What $10,000 invested is worth now

Only VEU has a 5 years record: $10,000 then is worth $15,503 today.

VEUVDAL$10,000 invested
$0k$5k$10k$15k$20k$11.4k$10.9k1 year agoVEU +$517$15.8ktoo new3 years ago$15.5ktoo new5 years ago

Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.

πŸ’Έ Cost

What the fees cost you

VEU's lower fee leaves about $14,036 more in your pocket over 20 years.

VEU charges 0.07% a yearVDAL charges 0.27% a year
🧾 Fees paid on $100,000Saving
5 years
VEU
βˆ’$458
VDAL
βˆ’$1,761
You keep$1,302more with VEU
10 years
VEU
βˆ’$1,283
VDAL
βˆ’$4,908
You keep$3,625more with VEU
20 years
VEU
βˆ’$5,032
VDAL
βˆ’$19,068
You keep$14,036more with VEU

Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.

VEU and VDAL overlap

10%portfolio overlap (low: they are quite different underneath)

108 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.

Biggest shared holdings% of VEU% of VDAL
3.38%0.86%
0.48%4.47%
0.46%3.65%
1.50%0.37%
0.21%1.76%
0.21%1.74%
0.20%1.67%
0.68%0.18%
0.16%1.28%
0.56%0.15%
0.79%0.15%
0.15%1.22%

Add more ETFs and see the overlap in Compare ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Free PDF report

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  • Every holding of each ETF: the top 50 companies, with sectors and countries
  • Exactly which companies they share, and how much of each
  • Fees in dollars over 10, 20 and 30 years
  • Every metric side by side, including the index each tracks
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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
Keep in touch with the marketsWeekly ETF research, the Market Health-O-Meter and our model portfolio.Try it free for 30 days β†’

FAQs

Which is better, VEU or VDAL?

It depends on what you need. On our numbers VEU wins on 7 measures and VDAL on 0. VEU is cheaper, with a management fee of 0.07% vs 0.27%. On $100,000 over 20 years that difference is worth about $14,036. VEU is the larger fund at $6.5bn vs $515m. VEU has the better 1-year return: +14.0% vs +8.8%.

Which is cheaper, VEU or VDAL?

VEU charges 0.07% a year and VDAL charges 0.27% a year.

Can I hold both VEU and VDAL?

You can, but check how much they overlap. VEU is a international shares fund and VDAL is a international shares fund.

More comparisons

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Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.