ETF Versus

IAU vs VEA

iShares Gold Trust vs Vanguard FTSE Developed Markets Index Fund ETF Shares

Last updated: 2026-04-09

IAU

iShares Gold Trust (IAU) is an exchange-traded fund that provides exposure to gold securities. It charges a moderate expense ratio of 0.25%. Launched in 2005, the fund has a 21-year track record.

AUM: $73.9B ER: 0.25% Yield: N/A Since: Jan 21, 2005
VEA

Vanguard FTSE Developed Markets Index Fund ETF Shares (VEA) is an exchange-traded fund 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 2.77%. Launched in 2007, the fund has a 19-year track record.

AUM: $207.0B ER: 0.03% Yield: 2.77% Since: Jul 20, 2007

Quick Verdict

VEA is significantly cheaper at 0.03% vs 0.25% expense ratio, saving you approximately $435 per $10,000 invested over 10 years. Over the past year, IAU has significantly outperformed with a 51.5% return vs 32.7%.

Key Metrics

Metric IAU VEA
Expense Ratio 0.25% 0.03%
Dividend Yield N/A 2.8%
Fund Family N/A N/A
Category Gold International Developed

Performance Chart

Indexed to 100 at start (5-year comparison)

70 117 164 211 258 305 2021-04 2022-07 2023-10 2024-12 2026-04
IAU +166.3%
VEA +28.7%

Performance Comparison

Period IAU VEA Difference
1 Month -9.60% -1.33% -8.27%
3 Months +4.21% +0.87% +3.34%
6 Months +14.25% +8.85% +5.40%
YTD +8.46% +2.99% +5.47%
1 Year +51.52% +32.67% +18.85%
3 Years +134.21% +43.46% +90.75%
5 Years +168.06% +29.43% +138.63%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IAU Fees VEA Fees You Save
$10,000 10 years $495 $60 $435
$10,000 20 years $2,111 $258 $1,853
$10,000 30 years $6,758 $835 $5,923
$50,000 10 years $2,473 $299 $2,173
$50,000 30 years $33,792 $4,176 $29,616
$100,000 30 years $67,584 $8,352 $59,232

Risk Metrics

Based on 5 years of daily returns

Metric IAU VEA
Annualized Volatility 17.7% 16.4%
Max Drawdown -20.9% -32.3%
Sharpe Ratio 0.95 0.12

Dividend Comparison

Metric IAU VEA
Annual Dividend (per share) $0.00 $1.88
Dividend Yield 0.00% 2.88%
Distribution Frequency None Quarterly

Top Holdings

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...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose IAU if...

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

Related Comparisons