Vanguard FTSE Emerging Markets ETF

Vanguard FTSE Emerging Markets ETF

About

Vanguard FTSE Emerging Markets ETF (US9220428588) is a US-listed equity ETF tracking the Spliced Emerging Markets Index. With a expense ratio of 0.06%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 571 positions across 25 regions with 121.7B in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 8.0 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.3 Tracking Difference: 9.0 · TD Consistency: — · Expense Ratio: 10.0
Diversification (45%) 5.9 Holding Count: 6.6 · Country Concentration: 4.4 · Sector Concentration: 8.1
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker VWO
ISIN
Fund Size $121.7B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Mar 2005
Base Currency USD
Index Spliced Emerging Markets Index
Asset Class Equities
Category Global Equity

Costs

9.3
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.06%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.02%
3 Months +0.13%
6 Months +0.13%
1 Year +0.23%
3 Years +0.49%
5 Years +0.12%
10 Years +0.73%
YTD +0.08%
Since Inception +0.73%

Holdings

6.6
This fund holds 571 individual investments, offering moderate diversification compared to other ETFs.
#1
Taiwan Semiconductor Manufacturing Co Ltd
14.64%
#2
Tencent Holdings Ltd
2.74%
#3
Alibaba Group Holding Ltd
2.26%
#4
MediaTek Inc
1.62%
#5
Delta Electronics Inc
1.20%
#6
Hon Hai Precision Industry Co Ltd
0.90%
#7
China Construction Bank Corp
0.77%
#8
Reliance Industries Ltd
0.77%
#9
HDFC Bank Ltd
0.72%
#10
ICICI Bank Ltd
0.57%
View all holdings (50)
# Holding Ticker Weight
1 Taiwan Semiconductor Manufacturing Co Ltd 2330 1464.00%
2 Tencent Holdings Ltd 700 274.00%
3 Alibaba Group Holding Ltd 9988 226.00%
4 MediaTek Inc 2454 162.00%
5 Delta Electronics Inc 2308 120.00%
6 Hon Hai Precision Industry Co Ltd 2317 90.00%
7 China Construction Bank Corp 939 77.00%
8 Reliance Industries Ltd RELIANCE 77.00%
9 HDFC Bank Ltd HDFCBANK 72.00%
10 ICICI Bank Ltd ICICIBANK 57.00%
11 Industrial & Commercial Bank of China Ltd 1398 55.00%
12 PDD Holdings Inc PDD 52.00%
13 ASE Technology Holding Co Ltd 3711 51.00%
14 Xiaomi Corp 1810 50.00%
15 Vale SA VALE3 48.00%
16 Bharti Airtel Ltd BHARTIARTL 46.00%
17 Al Rajhi Bank 1120 42.00%
18 Meituan 3690 42.00%
19 Ping An Insurance Group Co of China Ltd 2318 40.00%
20 Anglogold Ashanti Plc ANG 39.00%
21 Elite Material Co Ltd 2383 38.00%
22 Bank of China Ltd 3988 37.00%
23 Unimicron Technology Corp 3037 36.00%
24 MESM6 36.00%
25 NetEase Inc 9999 36.00%
26 United Microelectronics Corp 2303 35.00%
27 BYD Co Ltd 1211 35.00%
28 Saudi Arabian Oil Co 2222 35.00%
29 Infosys Ltd INFY 34.00%
30 Naspers Ltd NPN 33.00%
31 Accton Technology Corp 2345 31.00%
32 Petroleo Brasileiro SA PETR4 30.00%
33 Itau Unibanco Holding SA ITUB4 30.00%
34 Baidu Inc 9888 30.00%
35 Grupo Mexico SAB de CV GMEXICOB 29.00%
36 Gold Fields Ltd GFI 29.00%
37 Yageo Corp 2327 29.00%
38 JD.com Inc 9618 28.00%
39 Petroleo Brasileiro SA PETR3 28.00%
40 CTBC Financial Holding Co Ltd 2891 28.00%
41 Kuwait Finance House KSCP KFH 27.00%
42 OTP Bank Nyrt OTP 26.00%
43 Saudi National Bank/The 1180 25.00%
44 Delta Electronics Thailand PCL DELTA-F 25.00%
45 Axis Bank Ltd AXISBANK 25.00%
46 FirstRand Ltd FSR 25.00%
47 PetroChina Co Ltd 857 24.00%
48 Larsen & Toubro Ltd LT 24.00%
49 Grupo Financiero Banorte SAB de CV GFNORTEO 24.00%
50 Chroma ATE Inc 2360 24.00%

Sectors

8.1
This fund is well-diversified across 12 sectors, with no single sector dominating.
 
Sector Weight
Unknown 2823.00%
Technology 2742.00%
Financials 1491.00%
Consumer Discretionary 683.00%
Communication Services 540.00%
Materials 478.00%
Industrials 336.00%
Energy 299.00%
Consumer Staples 203.00%
Health Care 176.00%
Utilities 159.00%
Real Estate 70.00%

Regions

4.4
This fund is concentrated in just 26 countries, with significant geographic concentration.
 
Country Weight
UNKNOWN 2823.00%
Taiwan 2790.00%
Hong Kong SAR China 1538.00%
India 1091.00%
South Africa 312.00%
Brazil 310.00%
Saudi Arabia 220.00%
Mexico 167.00%
United Arab Emirates 105.00%
Thailand 94.00%
Malaysia 93.00%
China 76.00%
United States 67.00%
Kuwait 52.00%
Greece 45.00%
Indonesia 41.00%
Qatar 37.00%
Hungary 36.00%
Chile 33.00%
Türkiye 28.00%
Philippines 14.00%
Czechia 7.00%
Romania 6.00%
Singapore 6.00%
Egypt 5.00%
Colombia 4.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
51.6%
Volatility
-11.5%
Max Drawdown
15.52
Sharpe Ratio
26.32
Sortino Ratio
69.67
Calmar Ratio
0.49
Beta
2.25%
Alpha (Jensen's)
0.405
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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