ETF Versus

VB vs VEA

Vanguard Small-Cap Index Fund ETF Shares vs Vanguard FTSE Developed Markets Index Fund ETF Shares

Last updated: 2026-04-02

VB Vanguard

Vanguard Small-Cap Index Fund ETF Shares (VB) is an exchange-traded fund issued by Vanguard that provides exposure to small-cap U.S. equities with higher growth potential and volatility. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.33%. Launched in 2004, the fund has a 22-year track record.

AUM: $69.1B ER: 0.03% Yield: 1.33% Since: Jan 26, 2004
VEA Vanguard

Vanguard FTSE Developed Markets Index Fund ETF Shares (VEA) is an exchange-traded fund issued by Vanguard that provides exposure to equities in developed international markets outside the U.S.. It charges a very low expense ratio of 0.03%. The fund offers an attractive dividend yield of 2.88%. Launched in 2007, the fund has a 19-year track record.

AUM: $198.8B ER: 0.03% Yield: 2.88% Since: Jul 20, 2007

Quick Verdict

Over the past year, VEA has significantly outperformed with a 27.7% return vs 18.4%. Income investors may prefer VEA for its higher yield (2.9% vs 1.3%).

Key Metrics

Metric VB VEA
Expense Ratio 0.03% 0.03%
Dividend Yield 1.3% 2.9%
Fund Family Vanguard Vanguard
Category US Small Cap International Developed

Performance Chart

Indexed to 100 at start (5-year comparison)

70 84 98 112 126 140 2021-04 2022-06 2023-09 2024-12 2026-04
VB +20.7%
VEA +29.0%

Performance Comparison

Period VB VEA Difference
1 Month -5.50% -5.61% +0.11%
3 Months +0.71% +3.07% -2.36%
6 Months +2.15% +6.68% -4.53%
YTD +0.71% +3.07% -2.36%
1 Year +18.40% +27.70% -9.30%
3 Years +39.02% +43.04% -4.02%
5 Years +20.71% +28.99% -8.28%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period VB Fees VEA Fees You Save
$10.000 10 years $60 $60 $0
$10.000 20 years $258 $258 $0
$10.000 30 years $835 $835 $0
$50.000 10 years $299 $299 $0
$50.000 30 years $4.176 $4.176 $0
$100.000 30 years $8.352 $8.352 $0

Risk Metrics

Based on 5 years of daily returns

Metric VB VEA
Annualized Volatility 20.8% 16.4%
Max Drawdown -28.8% -32.3%
Sharpe Ratio 0.07 0.12

Dividend Comparison

Metric VB VEA
Annual Dividend (per share) $3.50 $1.88
Dividend Yield 1.33% 2.88%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

VB Top Holdings

NameWeight
Sandisk CorporationSNDK1.21%
Comfort Systems USA, Inc.FIX0.65%
Lumentum Holdings Inc.LITE0.64%
Ciena CorporationCIEN0.64%
Coherent Corp.COHR0.53%
Rocket Lab CorporationRKLB0.48%
NRG Energy, Inc.NRG0.44%
Bloom Energy CorporationBE0.43%
EMCOR Group, Inc.EME0.42%

VEA Top Holdings

NameWeight
Samsung Electronics Co., Ltd.!krx/0059302.18%
ASML Holding N.V.!ams/ASML1.77%
SK hynix Inc.!krx/0006601.24%
Roche Holding AGROC1.L1.03%
Novartis AG!swx/NOVN1.00%
HSBC Holdings plc!lon/HSBA0.99%
AstraZeneca PLC!lon/AZN0.98%
Nestlé S.A.!swx/NESN0.86%
Toyota Motor Corporation!tyo/72030.80%

Which One Should You Choose?

Choose VEA if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose VEA if...

you prioritize dividend income and want higher regular distributions from your portfolio.

Related Comparisons