Overview
Broad European equity market ETF tracking ~1,300 stocks across developed Europe. Covers UK, France, Germany, Switzerland, Netherlands, and more. Core low-cost Europe exposure.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| ASML | ASML Holding | 3.4% |
| NESN | Nestle S.A. | 3.2% |
| NOVO B | Novo Nordisk | 2.9% |
| MC | LVMH Moet H. | 2.7% |
| SHEL | Shell PLC | 2.5% |
| AZN | AstraZeneca | 2.4% |
| ROG | Roche Holding | 2.2% |
| SAP | SAP SE | 2.1% |
| NOVN | Novartis AG | 2.0% |
| TTE | TotalEnergies | 1.8% |
Fund Details
Investment Thesis
European equities offer compelling valuations relative to US stocks after years of underperformance, trading at roughly 13-14x earnings versus 21-22x for the S&P 500. VGK's coverage of approximately 1,300 European companies across the UK, France, Germany, Switzerland, and the Netherlands provides diversified exposure to European defense spending surge and post-pandemic economic recovery.
Who It's For
Investors seeking broad, low-cost European equity exposure as part of a globally diversified portfolio. VGK suits those looking to reduce US concentration risk, add valuation diversification, and benefit from potential European economic recovery and defense spending themes. The 3.25% dividend yield provides meaningful income relative to US equity alternatives at Vanguard's signature low cost.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $44.82 | -- |
| 2017 | $56.42 | +25.9% |
| 2018 | $47.28 | -16.2% |
| 2019 | $55.18 | +16.7% |
| 2020 | $57.82 | +4.8% |
| 2021 | $68.42 | +18.3% |
| 2022 | $52.18 | -23.7% |
| 2023 | $62.42 | +19.6% |
| 2024 | $70.18 | +12.4% |
| 2025 | $76.82 | +9.5% |
| Year | Yield |
|---|---|
| 2016 | 3.08% |
| 2017 | 2.82% |
| 2018 | 3.22% |
| 2019 | 2.98% |
| 2020 | 2.68% |
| 2021 | 2.42% |
| 2022 | 3.08% |
| 2023 | 2.82% |
| 2024 | 2.62% |
| 2025 | 2.68% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $14B | -- |
| 2017 | $18B | +28.6% |
| 2018 | $18B | +0.0% |
| 2019 | $22B | +22.2% |
| 2020 | $27B | +22.7% |
| 2021 | $36B | +33.3% |
| 2022 | $28B | -22.2% |
| 2023 | $36B | +28.6% |
| 2024 | $44B | +22.2% |
| 2025 | $48B | +9.1% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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