ETF comparison

IEAC vs VECA

iShares Core € Corp Bond UCITS ETF EUR Dist
IE00B3F81R35iShares
Vanguard EUR Corporate Bond UCITS ETF (EUR) Accumulating
IE00BGYWT403Vanguard
Figures as of October 2, 2026 (IEAC) · September 30, 2026 (VECA)

The comparison in short

IEAC (iShares Core € Corp Bond UCITS ETF EUR Dist, IE00B3F81R35) and VECA (Vanguard EUR Corporate Bond UCITS ETF (EUR) Accumulating, IE00BGYWT403) both track the Bloomberg Euro Corporate index. VECA has the lower total expense ratio (TER): 0.07% a year against 0.09% for IEAC, 0.02 percentage points less, or about 2 a year on 10,000 invested. IEAC is the larger fund, with EUR 13,472.50m in assets against EUR 6,082m for VECA, about 2.2 times the size. IEAC reports 4,214 holdings and VECA 3,598. 2 of the holdings published by IEAC (top 10) and VECA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 0.2%. Shared holdings include ING GROEP NV and BPCE SA. In 2025, IEAC returned +3.1% and VECA +3.0%, a gap of 0.1 percentage points. Over 5 years, IEAC returned −0.2% a year and VECA −0.3% a year. VECA reinvests its income (accumulating), while IEAC pays it out (distributing). IEAC and VECA both hold the index securities directly (physical replication). Both are domiciled in Ireland. IEAC and VECA both carry a risk indicator (SRRI) of 2 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureIEACVECA
ISINIE00B3F81R35IE00BGYWT403
Exchange tickersIEAC, IEBC, EUN5VECA
Fund houseiSharesVanguard
Total expense ratio (TER)0.09%0.07%
Ongoing charges (KID)0.09%0.07%
Fund sizeEUR 13,472.50mEUR 6,082m
Launch dateMarch 6, 2009February 19, 2019
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyDistributingAccumulating
Share class currencyEUREUR
Number of holdings4,2143,598
Risk indicator (SRRI)2 / 72 / 7
BenchmarkBBG Euro Corporate Index (EUR)Bloomberg Euro Corporate Index

Performance

Calendar-year returns

YearIEACVECADifference
2025+3.1%+3.0%+0.1
2024+4.6%+4.6%0.0
2023+8.0%+8.0%0.0
2022−13.9%−13.7%−0.2
2021−1.1%−1.1%0.0
2020+2.5%+2.6%−0.1

Annualised returns

PeriodIEACVECADifference
1 year+0.8%−1.0%+1.8
3 years+4.1%+3.9%+0.2
5 years−0.2%−0.3%+0.1
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

2 of the holdings published by IEAC (top 10) and VECA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 0.2%. Shared holdings include ING GROEP NV and BPCE SA.

Top 10 holdings of IEAC

#HoldingWeight
1
BANQUE FEDERATIVE DU CREDIT MUTUEL SA
1.43%
2
BNP PARIBAS SA
1.29%
3
ING GROEP NVIn both
1.17%
4
BPCE SAIn both
1.09%
5
CREDIT AGRICOLE SA
1.08%
6
SOCIETE GENERALE SA
0.97%
7
ENGIE SA
0.90%
8
BANCO SANTANDER SA
0.89%
9
MORGAN STANLEY
0.86%
10
GOLDMAN SACHS GROUP INC/THE
0.86%

Top 10 holdings of VECA

#HoldingWeight
1
Anheuser-Busch InBev SA/NV
0.14%
2
ING Groep NVIn both
0.11%
3
Sky Ltd
0.11%
4
Enel SpA
0.11%
5
JPMorgan Chase & Co
0.10%
6
Eni SpA
0.10%
7
Honda Motor Co Ltd
0.10%
8
Anheuser-Busch InBev SA/NV
0.10%
9
Nestle Finance International Ltd
0.10%
10
BPCE SAIn both
0.10%
Compare every published holding of IEAC and VECA in the overlap checker

Sectors and countries

Largest sectors of IEAC

  1. Banking31.3%
  2. Consumer Cyclical9.4%
  3. Consumer Non-Cyclical7.4%
  4. Communications6.8%
  5. Healthcare6.2%
  6. Capital Goods5.6%
+ 4 more

Largest sectors of VECA

  1. Corporate - industrials48.7%
  2. Corporate - financial institutions42.4%
  3. Corporate - utilities8.8%

Largest countries of VECA

  1. United States22.6%
  2. France18.1%
  3. Germany12.5%
  4. United Kingdom8.9%
  5. Spain5.3%
  6. Italy5.2%
+ 4 more

Frequently asked questions

What is the difference between IEAC and VECA?

IEAC (iShares Core € Corp Bond UCITS ETF EUR Dist, IE00B3F81R35) and VECA (Vanguard EUR Corporate Bond UCITS ETF (EUR) Accumulating, IE00BGYWT403) both track the Bloomberg Euro Corporate index. VECA has the lower total expense ratio (TER): 0.07% a year against 0.09% for IEAC, 0.02 percentage points less, or about 2 a year on 10,000 invested. VECA reinvests its income (accumulating), while IEAC pays it out (distributing). IEAC and VECA both hold the index securities directly (physical replication). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, IEAC or VECA?

VECA has the lower total expense ratio (TER): 0.07% a year against 0.09% for IEAC, 0.02 percentage points less, or about 2 a year on 10,000 invested. Their key information documents state ongoing charges of 0.09% for IEAC and 0.07% for VECA.

Which is bigger, IEAC or VECA?

IEAC is the larger fund, with EUR 13,472.50m in assets against EUR 6,082m for VECA, about 2.2 times the size.

Do IEAC and VECA hold the same companies?

2 of the holdings published by IEAC (top 10) and VECA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 0.2%. Shared holdings include ING GROEP NV and BPCE SA.

How did IEAC and VECA perform in 2025?

In 2025, IEAC returned +3.1% and VECA +3.0%, a gap of 0.1 percentage points. Over 5 years, IEAC returned −0.2% a year and VECA −0.3% a year. Over the past year, IEAC returned +0.8% and VECA −1.0%. Past performance does not predict future returns.

Are IEAC and VECA accumulating or distributing?

IEAC is distributing: it pays its income out to investors. VECA is accumulating: it reinvests its income in the fund.

Go further

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.