Vanguard Emerging Markets Government Bond ETF
$63.43+0.10 (+0.16%)
- 0.15%
- $6.9B
- +0.8%
- 6.13%
- 0.6M sh
- $63.27
- low $62.42high $68.41
The ETF.net VWOB Grade
A
Score 85 out of 100
- 1 of 17
Score 85 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.A97 out of 100Rank 1 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 9 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A83 out of 100Rank 3 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A81 out of 100Rank 4 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A95 out of 100Rank 1 of 17
Our read on VWOB
AEmerging-market government debt, Vanguard-style: about 200 dollar bonds from sovereigns and state-backed borrowers, indexed and capped so no one issuer dominates, for 0.15% a year. Income lands monthly.
The Fund seeks to track an index of U.S. dollar-denominated bonds issued by governments and government-related issuers in emerging-market countries.
Why people hold it
- 0.15% a year, versus 0.39% on the category's flagship, EMB. In emerging-market debt, where fees run rich, that gap is the whole pitch.ishares.com
- Dollar-denominated only. Local-law bonds are excluded, so a slide in the peso or the lira doesn't hit these prices directly. Credit risk, not currency risk.assets.bbhub.io
- About 200 bonds spread across sovereign and government-related issuers, with index caps that keep any one borrower from swallowing the fund.assets.bbhub.io
- A multi-billion-dollar fund that trades actively, with monthly distributions.
Worth knowing
- Cheap for emerging-market debt, rich next to the plain Treasury funds it sits beside: VGIT and VCSH charge 0.03%.
- The risk is sovereign credit. Downgrades, defaults and restructurings are live possibilities here in a way they aren't with US Treasuries.fund-docs.vanguard.com
- Vanguard samples the index rather than buying every bond, so day-to-day results can drift from the benchmark more than in a Treasury fund.fund-docs.vanguard.com
VWOB Holdings
- Bonds
- 944
- 6%
- Argentine Republic Government International Bond 4.13% 07/09/2035
Geography
- Saudi Arabia13.44%
- Mexico10.88%
- Turkey6.25%
- United Arab Emirates5.82%
- Indonesia5.53%
- Qatar3.93%
- Argentina3.77%
- Brazil3.53%
- 46.83%
Developed 0% · Emerging 100%
VWOB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VWOB$10,080
Returns run to the Oct 12, 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.
| Period | VWOB |
|---|---|
| Year to date | −1.8% |
| 1 month | −1.9% |
| 3 months | −3.7% |
| 1 year | +0.8% |
| 3 years | +9.2% |
| 5 years | +1.6% |
| 10 years | +2.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VWOB |
|---|---|---|
| 2026 YTD | −1.8% | |
| 2025 | +13.5% | |
| 2024 | +5.2% | |
| 2023 | +10.7% | |
| 2022 | −17.7% | |
| 2021 | −1.8% | |
| 2020 | +5.7% |
VWOB in the news
VWOB Dividends
- 6.13%
- $3.88
- $0.33 per share
- Monthly
Distribution history
VWOB Risk
- 7.4%
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.
- 0.54
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.
- −26.2%
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.
- 1.11
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VWOB Cost
0.15%
VWOB0.15%
- The middle half of Emerging Markets Bonds (US Dollar) funds
- Median 0.40%
No Emerging Markets Bonds (US Dollar) fund charges less.
Other funds in Emerging Markets Bonds (US Dollar)
- AXEMDBondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETFExpense ratio 0.29%1 year return +4.8%
- AEMBiShares J.P. Morgan USD Emerging Markets Bond ETFExpense ratio 0.39%1 year return +1.4%
- AEMHCState Street SPDR Bloomberg Emerging Markets USD Bond ETFExpense ratio 0.23%1 year return +1.3%
- ABEMBiShares J.P. Morgan Broad USD Emerging Markets Bond ETFExpense ratio 0.15%1 year return +1.2%
- BGEMDGoldman Sachs Access Emerging Markets USD Bond ETFExpense ratio 0.30%1 year return +0.9%