VE.TO
Vanguard FTSE Developed Europe All Cap Index ETF
International
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 648.1 M
ASSETS UNDER MGMT
20 bp
EXPENSES
Fund Basics
| Inception date | Jun 30, 2014 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ASML HOLDING NV | 3.9 % |
| HSBC HOLDINGS PLC | 2.0 % |
| NOVARTIS AG | 1.9 % |
| ROCHE HOLDING AG ORDINARY SHARES NEW | 1.8 % |
| ASTRAZENECA PLC | 1.8 % |
| NESTLE SA-REG | 1.7 % |
| SHELL PLC | 1.6 % |
| SIEMENS AG-REG | 1.5 % |
| BANCO SANTANDER SA | 1.1 % |
| SAP AG | 1.1 % |
Constituent Breakdown
| Number of holdings | 1219 |
| Herfindahl-Hirschman Index | 70 |
| Wgt avg mkt cap (mns) | $101,525 |
| Large cap (>$10bn) | 80.4% |
| Mid cap ($2-10bn) | 9.3% |
| Small cap (<$2bn) | 1.5% |
| Developed mkts. | 92.0% |
| Emerging mkts. | 0.9% |
Sector Breakdown
Country Exposure
 |
BRITAIN | 20.0 % |
 |
SWITZERLAND | 12.6 % |
 |
GERMANY | 12.6 % |
 |
FRANCE | 12.4 % |
 |
NETHERLANDS | 8.6 % |
 |
SPAIN | 5.5 % |
 |
SWEDEN | 5.2 % |
 |
ITALY | 5.1 % |
 |
DENMARK | 2.7 % |
 |
FINLAND | 2.0 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.0% | 16.6% | 14.1% | 14.8% | 8.2% | 6.5% | -- | 5.7% |
| Dividend Yield | 0.3% | 3.2% | 3.3% | 3.4% | 3.3% | 3.2% | -- | 3.0% |
| Total Returns | 7.3% | 19.9% | 17.5% | 18.2% | 11.4% | 9.8% | -- | 8.7% | Ann. Volatility | 18.6% | 14.6% | 15.6% | 14.0% | 15.0% | 16.2% | -- | 16.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.83 | 44% |
| MSCI EAFE | 0.86 | 79% |
| MSCI Emg Mkts | 0.53 | 51% |
Liquidity Measures
| Avg. volume (000) | 11 |
| ADV traded (mns) | $1 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $46.73 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.50/0.38 |
| Bollinger Bands (Upper/Lower) | $48.40/$45.22 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. VE.TO |
Expenses vs. VE.TO |
ALTAR Score™ vs. VE.TO |
|---|---|---|---|---|
| XEU.TO | iShares MSCI Europe IMI Index ETF | 88.1% | +8 bp | -0.2% |
| DRMD.TO | Desjardins RI Developed ex-USA ex-Canada - Net-Zero Emission | 58.2% | +5 bp | -0.6% |
| ZEA.TO | BMO MSCI EAFE Index ETF | 57.9% | 0 bp | -0.7% |
| CIEI.TO | CIBC MSCI EAFE Equity Index ETF | 57.7% | -4 bp | -0.6% |
| IICE.TO | Invesco S&P International Developed ESG Index ETF | 56.6% | +5 bp | -0.7% |
| DMEI.TO | Desjardins International Equity Index ETF | 56.6% | 0 bp | -0.6% |
| TPE.TO | TD International Equity Index ETF | 56.5% | -3 bp | -0.5% |
| QDX.TO | Mackenzie International Equity Index ETF | 56.3% | -3 bp | -0.6% |
| XEF.TO | iShares Core MSCI EAFE IMI Index ETF | 55.4% | +2 bp | -0.6% |
| VIU.TO | Vanguard FTSE Developed All Cap ex North America Index ETF | 54.7% | 0 bp | -0.8% |
Risk and Returns: VE.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
6.7%
ALTAR SCORE™
64th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 415 funds in the International Equity category with an average
ALTAR Score™ of 6.1% and a standard deviation
of 1.6%. VE.TO's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places VE.TO in the 64th percentile
among funds in the category.
Sell-Side Consensus
$53.41
PRICE TARGET
+11.7%
UPSIDE