VEADeveloped ex-US
VANGUARD DEVELOPED MARKETS INDEX FUND
3,908holdings
0.03%annual fee
USmarket
Valuation3,136 companies covered
20.0×P / E86% by weight
2.01×P / B85% by weight
5.0%Earnings yield
ETF comparisons / VEA vs IEFA
Developed ex-US comparison · VEA 2026-06-30 · IEFA 2026-08-27
VEA vs IEFA
VANGUARD DEVELOPED MARKETS INDEX FUND compared with iShares Core MSCI EAFE ETF
The funds share a substantial core but differ outside it.VEA has 2,280 companies outside the overlap; IEFA has 127.
IEFADeveloped ex-US
iShares Core MSCI EAFE ETF
2,643holdings
0.07%annual fee
USmarket
Valuation897 companies covered
16.8×P / E63% by weight
1.47×P / B63% by weight
6.0%Earnings yield
Price development
Both lines rebased to 0% over their shared dates
Largest shared positions
1,528 companies held in both funds
VEA weight
IEFA weight
| Shared company | VEA | IEFA |
|---|---|---|
| ASML Holding N.V. ASML | 2.34% | 2.59% |
| HSBC Holdings PLC HSBA | 0.99% | 1.35% |
| Roche Holding AG ROP SW 2 share classes | 0.92% | 1.28% |
| ↳ Roche Holding AG ROP SW | 0.88% | 1.23% |
| ↳ Roche Holding AG RO | 0.04% | 0.05% |
| Novartis AG NOVN | 0.89% | 1.09% |
| AstraZeneca PLC AZN | 0.86% | 0.96% |
| Nestle SA NESN | 0.81% | 0.97% |
| Siemens AG SIE | 0.72% | 0.95% |
| Shell PLC SHEL | 0.67% | 0.97% |
| Mitsubishi UFJ Financial Group Inc. 8306 | 0.66% | 0.93% |
| BHP Group Ltd. BHP | 0.65% | 0.93% |
| Banco Santander SA SAN | 0.61% | 0.80% |
| Tokyo Electron Ltd 8035 | 0.65% | 0.61% |
| Commonwealth Bank of Australia CBA | 0.58% | 0.72% |
| Allianz SE ALV | 0.55% | 0.76% |
| Toyota Motor Corp. 7203 | 0.55% | 0.70% |
| Schneider Electric SE SU | 0.54% | 0.73% |
| ABB Ltd ABBN | 0.52% | 0.60% |
| Iberdrola SA IBE | 0.51% | 0.56% |
| Rolls-Royce Holdings PLC RR/ | 0.49% | 0.67% |
| SAP SE SAP | 0.49% | 0.89% |
| UBS Group AG UBS | 0.47% | 0.67% |
| Novo Nordisk A/S NOVOB | 0.47% | 0.57% |
| Advantest Corp 6857 | 0.46% | 0.62% |
| TotalEnergies SE TTE | 0.46% | 0.65% |
| Siemens Energy AG ENR | 0.44% | 0.53% |
VEA and IEFA questions
Based on the holdings compared above
How much do VEA and IEFA overlap?
VEA and IEFA overlap by 71.5% by weight, across 1,528 shared companies.
Which companies do VEA and IEFA both hold?
The largest companies held in both funds are ASML Holding N.V., HSBC Holdings PLC, Roche Holding AG, Novartis AG, AstraZeneca PLC.
Can I hold both VEA and IEFA?
Holding both means 71.5% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.
Is VEA or IEFA cheaper?
VEA has a 0.03% expense ratio and IEFA has 0.07%.
How do VEA and IEFA compare on valuation?
VEA has a weighted P/E of 20.0 and IEFA has a weighted P/E of 16.8.
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