VB vs VEA

Quick Verdict

VEA delivered stronger 1-year returns. VEA offers more diversification with 3008 holdings.

Lower Fees: TiedHigher Returns: VEAMore Diversified: VEA

Side-by-Side Comparison

MetricVBVEAWinner
Expense Ratio0.03%0.03%
AUM$81.5B$230.9B
Dividend Yield1.48%2.57%
Holdings1,3243,918
YTD Return+17.82%+16.14%
1Y Return+29.09%+29.87%
3Y Return (annualized)+16.24%+20.12%
5Y Return (annualized)+8.18%+10.27%
Volatility (annualized)18.9%17.8%
Max Drawdown-61.0%-62.9%
Fund FamilyVanguard (US)Vanguard (US)
CategoryEquityEquity
InceptionJan 26, 2004Jul 20, 2007

VB vs VEA Performance

Vanguard Small Cap ETF (VB) is a ETF from Vanguard (US) and Vanguard FTSE Developed Markets ETF (VEA) is a ETF from Vanguard (US). Over the past year VB returned +29.09% while VEA returned +29.87%. Year to date, VB is up 17.82% versus a gain of 16.14% for VEA.

Over three years, VB compounded at +16.24% per year against +20.12% for VEA; over five years the annualized figures are +8.18% and +10.27% respectively. Across the full 19-year window we track, VB has the edge at +8.86% annualized vs +3.14%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VB has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 17.8% for VEA. 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 -61.0% for VB and -62.9% for VEA. 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

VB charges 0.03% per year while VEA charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, VB currently yields 1.48% against 2.57% for VEA.

Holdings Overlap

0.2%overlap

VB and VEA share 6 holdings out of 4114 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VBWeight in VEADifference
RBA:CA0.24%0.06%0.18%
AM0.10%0.02%0.08%
ACI0.09%0.03%0.06%
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Frequently Asked Questions

Which is cheaper, VB or VEA?

VB has an expense ratio of 0.03% while VEA charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, VB or VEA?

Over the past year VB returned +29.09% vs +29.87% for VEA, so VEA leads on 1-year performance. Over the longest common window we track (19 years), VB annualized +8.86% vs +3.14% for VEA. Past performance does not guarantee future results.

Which is riskier, VB or VEA?

VB has been the more volatile fund at 18.9% annualized versus 17.8% for VEA. Worst drawdown: VB -61.0% vs VEA -62.9%.

Should I hold both VB and VEA?

VB and VEA have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VB and VEA?

VB and VEA share 6 common holdings with a 0.2% weight overlap. Combined, they hold 4114 unique securities.

Which pays a higher dividend, VB or VEA?

VB yields 1.48% while VEA yields 2.57%, so VEA currently pays the higher dividend yield.

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