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Compare Vanguard FTSE Developed All Cap ex U.S. Index ETF (VEF) vs TD International Equity Index ETF (TPE) to find the best fit for your portfolio. VEF provides Finance, Technology, and Industrials exposures, while TPE is primarily weighted in Finance, Industrials, and Technology. When evaluating costs, VEF features a management fee (MER) of 0.2%, compared to 0.17% for TPE. Performance-wise, VEF has returned 17.67% year-to-date with +$147 M in net flows, whereas TPE is at 16.15% with +$1 B. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
VEF
TPE
| AuM | $1,325.96 M | $5,727.14 M |
| Management Fees | 0.20% | 0.17% |
| Exp. ratio | 0.22% | 0.19% |
| Tracking Difference | -1.30% | -0.39% |
Historical performance and flows
As of August 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VEF | +0.90% | +6.54% | +17.67% | +30.44% | +73.76% |
TPE | +1.56% | +7.42% | +16.15% | +26.50% | +69.96% | |
| Flows | VEF | +$21 M | +$39 M | +$147 M | +$194 M | +$333 M |
TPE | +$122 M | +$357 M | +$1,168 M | +$1,596 M | +$3,183 M |
VEF vs TPE exposure
Countries
VEF
Japan
20.56%
United Kingdom
10.09%
Canada
10.01%
Republic of Korea
9.98%
Switzerland
7.15%
Other
42.21%
TPE
Japan
25.55%
United Kingdom
13.17%
Switzerland
9.10%
Germany
8.10%
France
7.91%
Other
36.17%
Sectors
VEF
Finance
26.02%
Technology
17.94%
Industrials
14.46%
Non-Energy Materials
7.99%
Healthcare
7.44%
Other
26.14%
TPE
Finance
26.46%
Industrials
16.07%
Technology
13.24%
Healthcare
9.93%
Consumer Non-Cyclicals
8.23%
Other
26.06%
As of August 7, 2026
Top 10 Holdings
VEF
Samsung Electronics Co., Ltd.
3.12%
SK hynix, Inc.
2.98%
ASML Holding NV
2.33%
HSBC Holdings Plc
0.99%
Novartis AG
0.89%
Royal Bank of Canada
0.88%
Roche Holding AG
0.88%
AstraZeneca PLC
0.85%
Nestlé SA
0.80%
Siemens AG
0.72%
TPE
ASML Holding NV
3.36%
HSBC Holdings Plc
1.47%
Roche Holding AG
1.30%
Novartis AG
1.28%
AstraZeneca PLC
1.26%
Nestlé SA
1.19%
Siemens AG
1.04%
Mitsubishi UFJ Financial Group, Inc.
1.00%
Shell Plc
0.98%
Tokyo Electron Ltd.
0.97%
Diversification
VEF
Total weight of top 10 holdings out of 3,856 total
14.43%
TPE
Total weight of top 10 holdings out of 892 total
13.85%
Characteristics
Compare
VEF
TPE
| Provider | Vanguard | TD Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Developed All Cap ex US Hedged to CAD Net Tax (US RIC) Index - CAD | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.95% | 2.07% |
| Meets ESG criteria | No | No |
| Inception Date | November 30, 2011 | March 22, 2016 |
Frequently asked questions about VEF and TPE
Which ETF has performed better year to date: VEF or TPE?
As of August 7, 2026, VEF has returned 17.67% year to date, while TPE has returned 16.15%. VEF is ahead on YTD performance.
Which ETF is larger by assets under management: VEF or TPE?
As of August 7, 2026, VEF manages $1.33 B in assets, while TPE manages $5.73 B. TPE is the larger fund by AUM.
How are VEF and TPE managed?
VEF is passively managed by Vanguard. It tracks the FTSE Developed All Cap ex US Hedged to CAD Net Tax (US RIC) Index - CAD benchmark. TPE is passively managed by TD Asset Management. It tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD benchmark.
What sectors do VEF and TPE emphasize?
VEF is most exposed to Finance, Technology, and Industrials. TPE is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: VEF or TPE?
Year to date, VEF has seen +$146.97 M in net flows, compared with +$1,167.78 M for TPE. TPE has attracted more net investor money so far.
How do the fees of VEF and TPE compare?
VEF has an expense ratio of 0.22%, while TPE has an expense ratio of 0.19%.
What are the top holdings of VEF and TPE?
VEF's largest holdings include Samsung Electronics Co., Ltd., SK hynix, Inc., and ASML Holding NV. TPE's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: VEF or TPE?
VEF holds 3775 securities, while TPE holds 875. On holdings count, VEF is the more diversified portfolio.
Recent articles about VEF and TPE
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