VE
Vanguard FTSE Developed Europe All Cap Index ETF

Full VE fund page
VS
XEH
iShares MSCI Europe IMI Index ETF

Full XEH fund page

Compare Vanguard FTSE Developed Europe All Cap Index ETF (VE) vs iShares MSCI Europe IMI Index ETF (XEH) to find the best fit for your portfolio. VE and XEH provide the same top sector exposures: Financials, Industrials, and Health Care. When evaluating costs, VE features a management fee (MER) of 0.2%, compared to 0.25% for XEH. Performance-wise, VE has returned 3.63% year-to-date with +$94 M in net flows, whereas XEH is at 3.89% with -$2 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-1.00.01.02.03.04.05.0%Apr 1Apr 9Apr 16Apr 23Apr 30

Key Data

Historical performance and flows

As of May 1, 2026
1M3MYTD1Y3Y
Perf.
VE
+1.89%-0.95%+3.63%+21.70%+55.49%
XEH
+2.94%-0.08%+3.89%+17.87%+40.07%
Flows
VE
-$0 M+$59 M+$94 M+$243 M+$349 M
XEH
+$0 M+$6 M-$2 M+$23 M+$87 M

VE vs XEH exposure

Countries

VE
United Kingdom
22.33%
Switzerland
14.11%
Germany
13.75%
France
13.48%
Netherlands
8.75%
Other
27.59%
XEH
United Kingdom
22.30%
Switzerland
13.94%
France
13.60%
Germany
13.07%
Netherlands
9.10%
Other
28.00%

Sectors

VE
Financials
21.79%
Industrials
17.60%
Other
10.32%
Health Care
8.84%
Information Technology
7.62%
Consumer Staples
7.10%
Other
26.73%
XEH
Financials
21.09%
Industrials
18.04%
Other
9.01%
Health Care
9.00%
Information Technology
7.67%
Consumer Staples
7.50%
Other
27.69%
As of May 1, 2026

Top 10 Holdings

VE
ASML HOLDING
3.42%
ASTRAZENECA
1.99%
NOVARTIS
1.98%
HSBC HOLDINGS
1.89%
CH1499059983
1.89%
SHELL PLC
1.84%
NESTLE SA
1.72%
SAP SE
1.19%
SIEMENS
1.19%
TOTALENERGIES SE
1.16%
XEH
ASML HOLDING
3.41%
ASTRAZENECA
2.04%
NOVARTIS
1.95%
HSBC HOLDINGS
1.88%
CH1499059983
1.87%
SHELL PLC
1.83%
NESTLE SA
1.71%
TOTALENERGIES SE
1.26%
SIEMENS
1.23%
SAP SE
1.20%

Diversification

VE
Total weight of top 10 holdings out of 1,224 total
18.26%
XEH
Total weight of top 10 holdings out of 1,203 total
18.38%

Characteristics

Compare
VE
XEH
ProviderVanguardiShares
ManagementPassively managedPassively managed
BenchmarkFTSE Developed Europe All Cap Net Total Return Index - CADMSCI Europe IMI 100% Hedged to CAD Net Total Return Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield2.50%2.40%
Meets ESG criteriaNoNo
Inception DateJune 30, 2014April 22, 2014

Frequently asked questions about VE and XEH

Which ETF has performed better year to date: VE or XEH?
As of May 1, 2026, VE has returned 3.63% year to date, while XEH has returned 3.89%. XEH is ahead on YTD performance.
Which ETF is larger by assets under management: VE or XEH?
As of May 1, 2026, VE manages $625.73 M in assets, while XEH manages $281.00 M. VE is the larger fund by AUM.
How are VE and XEH managed?
VE is passively managed by Vanguard. It tracks the FTSE Developed Europe All Cap Net Total Return Index - CAD benchmark. XEH is passively managed by iShares. It tracks the MSCI Europe IMI 100% Hedged to CAD Net Total Return Index - CAD benchmark.
What sectors do VE and XEH emphasize?
VE is most exposed to Financials, Industrials, and Health Care. XEH is most exposed to Financials, Industrials, and Health Care.
Which ETF is attracting more investor flows: VE or XEH?
Year to date, VE has seen +$93.72 M in net flows, compared with -$1.73 M for XEH. VE has attracted more net investor money so far.
How do the fees of VE and XEH compare?
VE has an expense ratio of 0.23%, while XEH has an expense ratio of 0.25%.
What are the top holdings of VE and XEH?
VE's largest holdings include ASML HOLDING and ASTRAZENECA. XEH's top holdings include ASML HOLDING and ASTRAZENECA.
Which ETF is more diversified: VE or XEH?
VE holds 1086 securities, while XEH holds 1088. On holdings count, XEH is the more diversified portfolio.

Recent articles about VE and XEH

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