Vanguard FTSE All-World ex-US ETF (VEU) was established in 2007 and seeks to track the FTSE All-World ex-US Index. The goal of this index is to perform in the same way as the international stock markets.
VXUS: Vanguard Total International Stock Index Fund ETF
Launched in 2011, the Vanguard Total International Stock Index Fund ETF (VXUS) seeks to track the performance of the FTSE Global All Cap ex-US Index, which calculates the returns on investment of the stocks that are issued by the company that is domiciled outside the US.
Fund FollowedVXUS follows the Global All Cap ex-US Index. This is a FTSE Global Index subset.On the other hand, the FTSE All-World ex-US Index is only followed by VEU. That means no fund tracks the whole FTSE Global Index.
VXUS manages assets worth over $390 billion and ranks in the top 50 biggest ETFs in the world. It consists of over 7,500 securities of companies from all over the world. VEU, on the other hand, manages assets worth over $36.7 billion and has over 3,500 securities.
VXUS consists of 3,557 international small-cap stocks. This is an indication that VEU is a subset of VXUS. In other words, VXUS features all the 2,857 stocks that are in VEU and another 3,557 small-cap stocks.