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VEUvsDBAWETF Comparison

ETF 1
VEU

Vanguard FTSE All-World ex-US ETF

This fund is part of
Global Blended Cap
+0.42%
VS
ETF 2
DBAW

Xtrackers MSCI All World ex US Hedged Equity ETF

This fund is part of
Global Blended Cap
+0.42%

Vanguard FTSE All-World ex-US ETF (VEU) and Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) belong to the same industry segment: Global Blended Cap. Both ETFs have the same top 3 sector exposures: Finance, Technology and Industrials. VEU is less expensive with a Total Expense Ratio (TER) of 0.04%, versus 0.4% for DBAW. VEU is up 12.11% year-to-date (YTD) with +$6.34B in YTD flows. DBAW performs better with 15.59% YTD performance, and +$30M in YTD flows. Run a side-by-side ETF comparison of VEU and DBAW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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VEU vs DBAW performance and flow charts

Performance

-2.0-1.00.01.02.0%Jun 29Jul 7Jul 14Jul 21

Cumulative Flows

0 M200 M400 M600 M800 M1,000 M1,200 MJun 29Jul 7Jul 14Jul 21

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Historic performance and flows
Data as of 07/27/2026
1M3MYTD1Y3Y5Y
Perf.
VEU
DBAW
-1.56%-0.40%
+2.71%+5.46%
+12.11%+15.59%
+24.62%+29.63%
+60.81%+70.38%
+55.01%+82.25%
Flows
VEU
DBAW
+$1.27B+$17M
+$2.04B+$21M
+$6.34B+$30M
+$8.93B+$48M
+$12.37B+$62M
+$17.24B+$83M
Volatility and drawdown
3M1Y3Y5Y
Volatility
VEU
DBAW
+19.46%+13.40%
+15.99%+11.78%
+14.43%+11.22%
+15.52%+11.34%
Max drawdown
VEU
DBAW
-5.21%-4.26%
-11.34%-8.71%
-13.28%-13.33%
-29.15%-17.38%
Max drawdown duration
VEU
DBAW
15d35d
69d65d
43d84d
974d576d
Trading data

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VEU
DBAW
Last sale
7/28/2026 at 1:30 PM
$81.55
$47.16
Previous close
07/27/2026
$82.01
$47.45
Consolidated volume
07/27/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of June 30, 2026
1-year trailing difference

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VEU
DBAW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 7/28/2026 at 1:30 PM
Live
Closed
VEU
DBAW
Last price
$81.55
$47.16
1D performance
-0.56%
-0.61%
AuM$66.79 B$287.07 M
E/R0.04%0.4%
Characteristics
VEU
DBAW
Management strategyPassivePassive
ProviderVanguardXtrackers by DWS
BenchmarkFTSE All-World ex US IndexMSCI ACWI ex USA Index
N° of holdings35981985
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateMarch 2, 2007January 22, 2014
ESGNoNo
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Exposure

Countries

VEU
Japan
15.1%
Taiwan
8.84%
Republic of Korea
7.52%
United Kingdom
7.38%
Canada
7.17%
Other
54%
DBAW
Japan
13.59%
Taiwan
9.05%
Republic of Korea
7.86%
Canada
7.72%
United Kingdom
7.71%
Other
54.08%

Sectors

VEU
Finance
25.12%
Technology
23.47%
Industrials
12%
Non-Energy Materi.
7.5%
Other
31.92%
DBAW
Finance
25.65%
Technology
24.07%
Industrials
11.62%
Non-Energy Materi.
7.04%
Other
31.62%
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Diversification

VEU

Total weight of top 15 holdings out of 15

18.54%
DBAW

Total weight of top 15 holdings out of 15

19.88%

Top 15 holdings

Data as of June 30, 2026
VEU
Taiwan Semiconductor Manufacturing Co., Ltd.
4.62%
Samsung Electronics Co., Ltd.
2.48%
SK hynix, Inc.
2.37%
ASML Holding NV
1.85%
Tencent Holdings Ltd.
0.84%
HSBC Holdings Plc
0.79%
Novartis AG
0.71%
Royal Bank of Canada
0.70%
Roche Holding AG
0.70%
AstraZeneca PLC
0.68%
Nestlé SA
0.64%
Siemens AG
0.57%
Alibaba Group Holding Ltd.
0.53%
Shell Plc
0.53%
Mitsubishi UFJ Financial Group, Inc.
0.53%
DBAW
Taiwan Semiconductor Manufacturing Co., Ltd.
4.95%
Samsung Electronics Co., Ltd.
2.78%
SK hynix, Inc.
2.49%
ASML Holding NV
1.84%
Tencent Holdings Ltd.
0.92%
HSBC Holdings Plc
0.86%
Roche Holding AG
0.77%
Royal Bank of Canada
0.75%
Novartis AG
0.75%
AstraZeneca PLC
0.74%
Nestlé SA
0.70%
Siemens AG
0.61%
Alibaba Group Holding Ltd.
0.58%
Shell Plc
0.58%
Mitsubishi UFJ Financial Group, Inc.
0.57%
Frequently asked questions about VEU and DBAW

How have the VEU and DBAW ETFs performed in 2026?

As of July 27, 2026, VEU is up 12.11% year-to-date (YTD), while DBAW has returned 15.59%. That puts DBAW better performer ahead so far this year.

Which ETF is attracting more investor money: VEU or DBAW?

Year-to-date, the VEU ETF saw +$6.34B in flows, compared to +$30M for DBAW.

Which ETF is more volatile: VEU or DBAW?

Over the past year, VEU had a volatility of 15.99%, while DBAW experienced 11.78%.

Which ETF is bigger: VEU or DBAW?

As of July 27, 2026, VEU holds $66.79 B in assets under management (AUM), while DBAW manages $287.07 M.

What sectors do the VEU and DBAW ETFs invest in?

VEU leans toward sectors like Finance, Technology and Industrials. Meanwhile, DBAW focuses on Finance, Technology and Industrials.

What are the top holdings of the VEU ETF and DBAW ETF?

VEU top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc.. DBAW holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..

Which ETF is more diversified: VEU or DBAW?

VEU holds 3832 securities with 18.54% of its assets in the top 15. DBAW has 2066 securities and a top 15 weight of 19.88%.

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