Agricultural soils are likely to be polluted by both conventional and emerging contaminants at the same time. Understanding the interactions of coexisting engineered nanoparticles (ENPs) and trace elements (a common source of abiotic stress) is critical to gaining insights into the accumulation of these two groups of chemicals by plants. The objectives of this study were to determine the uptake and accumulation of coexisting ENPs and trace elements by soybeans and to gain insights into the physiological mechanisms resulting in different plant accumulation of these materials. The combinations of three cadmium levels (0 [control] and 0.25 and 1 milligrams per kilogram of dry soil) and two CeO2 NPs concentrations (0 [control] and 500 milligrams per kilogram of dry soil) were investigated. Measurements of the plant biomass and physiological parameters indicated that CeO2 NPs led to higher variable fluorescence to maximum fluorescence ratio, suggesting that CeO2 NPs enhanced the plant light energy use efficiency by photosystem II. In addition, the presence of CeO2 NPs did not affect Cd accumulation in soybean, but Cd significantly increased the accumulation of Ce in plant tissues, especially in roots and older leaves. The altered Ce in planta distribution was partially associated with the formation of root apoplastic barriers in the co-presence of Cd and CeO2 NPs.