FLAX vs VEU: holdings overlap, shared companies and scores
As of October 9, 2026, FLAX and VEU overlap 28.6% by weight. Franklin FTSE Asia ex Japan ETF (FLAX): Asian stocks excluding Japan. Vanguard FTSE All-World ex-US ETF (VEU): Non-U.S. equities.
Updated October 9, 2026
Where FLAX and VEU trade against their own history
FLAX trades at 14.9 times earnings, against its own median of 13.7, and is more expensive than 64% of its own last 9 years.
VEU trades at 15.8 times earnings, against its own median of 15.2, and is more expensive than 68% of its own last 9 years.
What moved FLAX and VEU this week
FLAX fell 1.6% in the week to October 9, 2026. The holdings that moved it most were SK Hynix (−8.3%), Samsung Electronics (−4.7%) and Mediatek (−5.3%); Taiwan Semiconductor (+1.9%) pushed the other way.
VEU fell 0.8% in the week to October 9, 2026. The holdings that moved it most were SK Hynix (−8.3%), Samsung Electronics (−4.7%) and ASML (−3.4%); Shell (+5.7%) pushed the other way.
What do FLAX and VEU each hold?
What's inside FLAX: Tech 47%, Semiconductors 28%.
41% of FLAX is its ten largest holdings.
What's inside VEU: Tech 20%, Semiconductors 11%.
14% of VEU is its ten largest holdings.
How much do FLAX and VEU overlap? 28.6% by weight
As of October 9, 2026, FLAX and VEU overlap 28.6% by weight.
98% of FLAX is already inside VEU.
29% of VEU is already inside FLAX.
FLAX holds 1,617 companies and VEU holds 3,822; 1,540 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FLAX and VEU? 6.1 and 5.3 out of 10
As of October 9, 2026, ETF Copilot scores FLAX 6.1 out of 10 and VEU 5.3 out of 10.
They differ most on Risk: FLAX 3.0 and VEU 6.0.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FLAX | VEU |
|---|---|---|
| Growth | 9.4 | 6.5 |
| Value | 2.7 | 3.1 |
| Risk | 3.0 | 6.0 |
| Quality | 6.9 | 5.3 |
| Return | 6.5 | 5.0 |
VEU is the cheaper of the two at 0.04% a year
As of October 9, 2026, FLAX charges 0.19% a year, yields 2.03% and holds $58M in assets across 1617 positions.
As of October 9, 2026, VEU charges 0.04% a year, yields 2.37% and holds $100.7B in assets across 3822 positions.
| Measure | FLAX | VEU |
|---|---|---|
| Expense ratio | 0.19% | 0.04% |
| Dividend yield | 2.03% | 2.37% |
| Assets under management | $58M | $100.7B |
| Holdings | 1617 | 3822 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “FLAX vs VEU holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/flax-vs-veu
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