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Launched · SEC filings

Vanguard FTSE Emerging Markets ETF

VWONYSE ArcaVanguardA

$55.70+0.19 (+0.34%)

At close: Nov 2, 2026, 4:00 PM ET

A78/ 100

Rank 1 of 5 in Emerging Markets Total Market

A78/100Rank 1 of 5inEmerging Markets Total Market
Intraday session: up, 79 prints from 55.51 to 55.70. Range 55.70 to 56.44. Use the arrow keys to read each point.56.0056.2056.4010 AM12 PM2 PM4 PM
Expense ratio
0.06%
Fund size · all share classes
$165B
1Y total return
+3.3%
Yield · Last 12 months
2.19%
Holdings
5015
Avg volume · 30D
7.3M sh
52W range
low $52.20high $61.54
Launched
Filings
SEC EDGAR

The ETF.net VWO Grade

A

Score 78 out of 100

Category
Emerging Markets Total Market⁠
Rank
1 of 5
Six-pillar profile for VWO. Scores out of 100: Cost 80, Risk 48, Mission 100, Tradability 83, Holdings 58, Durability 86. Strongest: Mission (100). Weakest: Risk (48). Leans toward Mission.

Score 78 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A80 out of 100
    Rank 1 of 5

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 5

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 3 of 5

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A83 out of 100
    Rank 1 of 5

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B58 out of 100
    Rank 2 of 5

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A86 out of 100
    Rank 1 of 5

Our read on VWO

ETF.net Research

In short

AEmerging markets the FTSE way: no South Korea (FTSE grades it developed), Chinese A-shares in the mix, small caps riding along, all for six basis points.

Stated mandate

The fund seeks to track the FTSE Emerging Markets All Cap China A Inclusion Index through passive index sampling, investing in a broadly diversified portfolio of emerging-market equities.

Why people hold it

  • 0.06% a year against a 0.19% median for broad emerging-market funds. On a $10,000 position that is roughly $6 annually.
  • The benchmark spans large, mid and small caps, so the portfolio holds several thousand emerging-market stocks rather than a few hundred blue chips.vanguard.com
  • Vanguard samples the index instead of buying every line, and tracking has been among the tightest in this peer group. It is also one of the most heavily traded EM funds.vanguard.com
  • Trading since 2005 and now one of the largest emerging-market funds around, with quarterly distributions. SCHE and SPEM match the fee zone but not the size or the all-cap reach.

Worth knowing

  • FTSE moved South Korea to developed status, so this fund leaves it out. Country mix differs from MSCI-based emerging-market funds, which still carry Korea.lseg.com
  • Market-cap weighting means the biggest emerging markets set the tone. The small-cap tail adds names more than it adds weight.vanguard.com
  • Emerging-market shares and their currencies move more sharply than developed-market ones, and the exposure here is unhedged.vanguard.com

VWO Holdings

Holdings pillarB58 out of 100Rank 2 of 5 in Emerging Markets Total Market
Asset class
Stocks
Holdings
5,015
Top-10 weight
30%
Largest holding
2330.TW15.8%

Sectors

  • Technology35.5%
  • Financials19.0%
  • Consumer Discretionary8.5%
  • Industrials7.6%
  • Materials7.6%
  • Communication6.2%
  • Health Care4.2%
  • Energy3.8%
  • Consumer Staples3.3%
  • Utilities2.4%
  • Real Estate1.9%

Geography

  • Taiwan35.06%
  • China26.05%
  • India15.96%
  • Brazil4.48%
  • South Africa3.59%
  • Saudi Arabia2.98%
  • Mexico1.93%
  • Malaysia1.71%
  • Other countries (15)8.23%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 335.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
12330.TWTaiwan Semiconductor Manufacturing Co Ltd15.76%344,010,754$26.9B176
2No dataSLCMT11422.96%50,560,554$5.06B23
30700.HKTencent Holdings Ltd2.82%88,465,844$4.82B152
49988.HKAlibaba Group Holding Ltd2.11%268,417,660$3.61B124
52454.TWMediaTek Inc1.88%20,791,148$3.21B169
6No dataMktliq 12/31/20490.95%16,313,921$1.63B107
72308.TWDelta Electronics Inc0.95%27,263,125$1.62B156
80939.HKChina Construction Bank Corp0.91%1,249,524,103$1.56B113
92317.TWHon Hai Precision Industry Co Ltd0.80%172,340,393$1.36B122
10HDFCBANK.NSHDFC Bank Ltd0.70%161,381,298$1.19B51
11RELIANCE.BOReliance Industries Ltd0.69%95,123,271$1.18B36
121398.HKIndustrial & Commercial Bank of China Ltd0.65%1,132,767,614$1.11B102
133711.TWASE Technology Holding Co Ltd0.61%46,837,152$1.04B116
14ICICIBANK.NSICICI Bank Ltd0.60%75,139,170$1.03B48
15PDDPdd Holdings Inc0.50%10,906,024$850M153

Showing 1–15 of 5015 holdings

VWO Performance

Launched Mar 4, 2005

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VWO$10,326
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. VWO $10,326. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VWO. Periods over one year show the average yearly return.
PeriodVWO
Year to date+3.6%
1 month−6.4%
3 months−5.3%
1 year+3.3%
3 yearsper year+16.8%
5 yearsper year+4.9%
10 yearsper year+6.8%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VWO
YearReturn barVWO
2026 YTD+3.6%
2025+25.6%
2024+10.6%
2023+9.3%
2022−18.0%
2021+1.3%
2020+15.2%

VWO in the news

VWO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.19%Last 12 months
Payout per share
$1.22Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.07; Jun 21, 2017 $0.25; Sep 20, 2017 $0.52; Dec 21, 2017 $0.21; Mar 26, 2018 $0.09; Jun 22, 2018 $0.27; Sep 26, 2018 $0.47; Dec 24, 2018 $0.26; Mar 25, 2019 $0.08; Jun 17, 2019 $0.28; Sep 24, 2019 $0.52; Dec 23, 2019 $0.56; Mar 23, 2020 $0.06; Jun 22, 2020 $0.17; Sep 21, 2020 $0.43; Dec 21, 2020 $0.30; Mar 22, 2021 $0.07; Jun 21, 2021 $0.28; Sep 20, 2021 $0.47; Dec 20, 2021 $0.48; Mar 21, 2022 $0.13; Jun 21, 2022 $0.31; Sep 19, 2022 $0.53; Dec 19, 2022 $0.63; Mar 20, 2023 $0.03; Jun 20, 2023 $0.23; Sep 18, 2023 $0.33; Dec 18, 2023 $0.86; Mar 15, 2024 $0.04; Jun 21, 2024 $0.17; Sep 20, 2024 $0.13; Dec 20, 2024 $1.07; Mar 21, 2025 $0.05; Jun 20, 2025 $0.14; Sep 19, 2025 $0.28; Dec 19, 2025 $1.03; Jun 18, 2026 $0.07; Sep 18, 2026 $0.11. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.11
Jun 18, 2026Jun 23, 2026$0.07
Dec 19, 2025Dec 23, 2025$1.03
Sep 19, 2025Sep 23, 2025$0.28
Jun 20, 2025Jun 24, 2025$0.14
Mar 21, 2025Mar 25, 2025$0.05
Dec 20, 2024Dec 24, 2024$1.07
Sep 20, 2024Sep 24, 2024$0.13
Jun 21, 2024Jun 25, 2024$0.17
Mar 15, 2024Mar 20, 2024$0.04
Dec 18, 2023Dec 21, 2023$0.86
Sep 18, 2023Sep 21, 2023$0.33

See all 63 payments⁠

$10,000 in VWO 10 years ago paid $3,326 in dividends.⁠

VWO Risk

Risk pillarC48 out of 100Rank 3 of 5 in Emerging Markets Total Market
How much the fund’s monthly returns vary, scaled to a year.
12.0%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.99
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.9%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.78
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

VWO Cost

Tied cheapest in Emerging Markets Total Market

$1,270

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VWO 0.06%

    $1,270

$10,000
30 years

Cost over time

  • VWO 0.06%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530VWO $1,270

Year by year

YearVWO
10$110
20$432
30$1,270

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