EXUS vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricEXUSVXUSWinner
Expense Ratio0.59%0.05%
AUM-$156.5B
Dividend Yield-2.60%
Holdings548,747
YTD Return+9.21%+14.19%
1Y Return+14.93%+27.38%
3Y Return (annualized)-+19.53%
5Y Return (annualized)-+9.03%
Volatility (annualized)16.9%15.1%
Max Drawdown-15.3%-39.9%
Fund FamilyMacquarie FundsVanguard (US)
CategoryEquityEquity
InceptionJun 17, 2025Jan 26, 2011

EXUS vs VXUS Performance

Nomura Focused International Core ETF (EXUS) is a ETF from Macquarie Funds and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year EXUS returned +14.93% while VXUS returned +27.38%. Year to date, EXUS is up 9.21% versus a gain of 14.19% for VXUS.

Risk: Volatility and Drawdowns

EXUS has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 15.1% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -15.3% for EXUS and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

EXUS charges 0.59% per year while VXUS charges 0.05%. On a $10,000 position that is $59 vs $5 annually, a gap of $54 per year that compounds over a long holding period.

Holdings Overlap

8.1%overlap

EXUS and VXUS share 26 holdings out of 7881 unique holdings combined, representing a 8.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EXUSWeight in VXUSDifference
2330:TW7.62%3.41%4.21%
000660:KR4.92%0.90%4.02%
ASML:AS3.62%1.29%2.33%
INGA:ASProProPro
8306:JPProProPro
BBVA:MAProProPro
6273:JPProProPro
6367:JPProProPro
0012:HKProProPro
SBSP3:BVProProPro
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Frequently Asked Questions

Which is cheaper, EXUS or VXUS?

EXUS has an expense ratio of 0.59% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $54 per year of difference.

Which performed better, EXUS or VXUS?

Over the past year EXUS returned +14.93% vs +27.38% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (1 years), EXUS annualized +13.57% vs +4.83% for VXUS. Past performance does not guarantee future results.

Which is riskier, EXUS or VXUS?

EXUS has been the more volatile fund at 16.9% annualized versus 15.1% for VXUS. Worst drawdown: EXUS -15.3% vs VXUS -39.9%.

Should I hold both EXUS and VXUS?

EXUS and VXUS have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between EXUS and VXUS?

EXUS and VXUS share 26 common holdings with a 8.1% weight overlap. Combined, they hold 7881 unique securities.

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