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EWW vs VNM

iShares MSCI Mexico ETF

EWWANYSE Arca

VanEck Vietnam ETF

VNMDCboe

Overlap

Expense ratio

EWW −0.16pt a year

EWW0.50%VNM0.66%

Avg volume · 30D

EWW 2.1×the volume

EWW1.16MVNM541K

10Y return · a year

EWW +3.9pt

EWW+6.7%VNM+2.8%

EWW vs VNM Performance

Oct 29, 2021 – Oct 30, 2026

+81.4%EWW−12.1%VNM

Oct 29, 2021 to Oct 30, 2026. EWW +81.4%. VNM −12.1%. Use the arrow keys to read each point.−50%25%50%100%Oct 2021Apr 2024Oct 2026
Expense ratio
EWW 0.50%, better
VNM 0.66%
Fund size
EWW $1.56B
VNM $469M
1Y total return
EWW +15.8%, better
VNM −4.3%
Yield (12M)
EWW 3.31%, better
VNM 0.23%
Holdings
EWW 42
VNM 60
Avg volume (30D)
EWW 1.16M sh, better
VNM 541K sh
NAV per share
EWW $74.42
VNM $16.80
52W range

ETF.net Grade

EWW: Cost 88, Risk 55, Mission 67, Tradability 100, Holdings 61, Durability 81. VNM: Cost 14, Risk 44, Mission 31, Tradability 44, Holdings 85, Durability 56.
Pillar letters and Scores for EWW, VNM, with each pillar’s weight
PillarEWWVNM
Cost30% weightA88HigherF14
Mission25% weightB67HigherD31
Risk15% weightB55HigherC44
Tradability15% weightA100HigherC44
Holdings10% weightB61A85Higher
Durability5% weightA81HigherB56

Rank among Emerging Markets Single Country funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EWW and VNM are both graded against the same 21 Emerging Markets Single Country funds, so their Grades compare head to head.

See all 21 ›

EWW ranks 1st and VNM 19th of 21 funds in the Emerging Markets Single Country Category.

  1. Rank 1AEWWiShares MSCI Mexico ETFScore 76
  2. Rank 2BFLMXFranklin FTSE Mexico ETFScore 69
  3. Rank 18DEIDOiShares MSCI Indonesia ETFScore 38
  4. Rank 19DVNMVanEck Vietnam ETFScore 36
  5. Rank 20DQATiShares MSCI Qatar ETFScore 31

Our read on each fund

ETF.net Research

EWWAiShares MSCI Mexico ETF

VNMDVanEck Vietnam ETF

In short

EWW Mexico in one ticker, doing that job since 1996. Roughly 40 of the country's biggest listed names, capped so no single company runs the show, for 0.50% a year.

VNM The US-listed pure play on Vietnam. Since 2009, VanEck has packed roughly 60 Vietnamese stocks into one ticker, with no broad emerging-market wrapper diluting the bet.

Stated mandate

EWW The fund seeks to track an index composed of Mexican equities and provides targeted exposure to companies in Mexico.

VNM The fund seeks to track, before fees and expenses, the price and yield performance of the MarketVectorTM Vietnam Local Index.

Why people hold it

  • EWW 0.50% a year, below the typical single-country emerging-market fund. Cheap is not the pitch here, but you are not paying a premium for the exposure.
  • A billion-dollar-plus fund that trades actively, which is why it has long been the default way US investors get Mexico exposure in a brokerage account.
  • The 25/50 index rules keep any one issuer from swallowing the portfolio, a real safeguard in a market where a handful of giants dominate the exchange.ishares.com
  • Tracks its MSCI Mexico index tightly and ranks among the strongest builds in the single-country emerging-market group.
  • VNM Straight Vietnam, undiluted: the fund tracks the MarketVector Vietnam Local Index, an all-Vietnam equity benchmark, so the entire portfolio moves with that one market.
  • Live since 2009, a veteran by single-country emerging-market standards, and it trades actively enough that getting in and out is rarely the hard part.
  • Backed by VanEck with assets in the mid-size range, giving it the scale and shelf life that thinly held single-country products often lack.

Worth knowing

  • EWW About 40 stocks, one country, one currency. Peso moves and Mexican politics land straight in the return, with no diversification to soften them.
  • FLMX tracks Mexico for 0.19%. If cost is the deciding factor, that gap is the trade-off against EWW's deeper trading and longer track record.
  • Distributions come once or twice a year, not monthly. This is an equity exposure vehicle, not a steady income line.
  • VNM At 0.66% a year, it prices above the typical single-country emerging-market fund, and far above budget peers in the group like FLMX at 0.19%.
  • About 60 stocks, one country, one currency. Vietnamese policy news and the dong swing this fund far harder than they would a diversified emerging-market holding.
  • Its results have followed the index less closely than most funds in its peer group, so what lands in your account can drift from the benchmark's headline figures.

Full EWW profile⁠

Full VNM profile⁠

EWW vs VNM Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EWW vs VNM Cost

Overpaying VNM vs EWW

$2,917

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

  • EWW 0.50%

    $9,979

  • VNM 0.66%

    $12,896

$10,000
30 years

Cost over time

  • EWW 0.50%
  • VNM 0.66%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530VNM $12,896EWW $9,979

Year by year

YearEWWVNMOverpaying
10$900$1,180$280
20$3,460$4,504$1,044
30$9,979$12,896$2,917

Expense ratio

  • 0.50%EWW, cheaper
  • 0.66%VNM
  • Middle half of Emerging Markets Single Country funds
  • Median 0.59%

EWW 3rd cheapest of 21 funds

VNM 19th cheapest of 21 funds

EWW vs VNM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EWW 3.31%, better
VNM 0.23%
Payout (12M)
EWW $2.46
VNM $0.04
Last payment
EWW $1.14
VNM $0.04
Ex-dividend
EWW Jun 15, 2026
VNM Dec 22, 2025
Paid on
EWW Jun 18, 2026
VNM Dec 26, 2025
Frequency
EWW Twice a year
VNM Irregular

Distribution history

Per share, 2017 to 2026, same scale for both

EWWTwice a year · 20 paymentsAll EWW payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.58; Dec 19, 2017 $0.51; Jun 19, 2018 $0.57; Dec 18, 2018 $0.37; Jun 17, 2019 $0.88; Dec 16, 2019 $0.43; Jun 15, 2020 $0.12; Dec 14, 2020 $0.35; Dec 30, 2020 $0.14; Jun 10, 2021 $0.39; Dec 13, 2021 $0.66; Jun 9, 2022 $0.75; Dec 13, 2022 $1.05; Jun 7, 2023 $0.46; Dec 20, 2023 $1.03; Jun 11, 2024 $0.48; Dec 17, 2024 $1.58; Jun 16, 2025 $1.08; Dec 16, 2025 $1.33; Jun 15, 2026 $1.14. Use the arrow keys to read each point.$0$12017202020232026YTD
VNMIrregular · 12 paymentsAll VNM payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.15; Dec 27, 2017 $0.03; Dec 20, 2018 $0.12; Dec 23, 2019 $0.11; Dec 30, 2019 $0.02; Dec 21, 2020 $0.07; Dec 20, 2021 $0.10; Dec 19, 2022 $0.11; Dec 28, 2022 $0.0034; Dec 18, 2023 $0.66; Dec 27, 2023 $0.02; Dec 22, 2025 $0.04. Use the arrow keys to read each point.$0$12017202020232026YTD

EWW vs VNM Risk

Fall from peak · 5 years

  • EWW
  • VNM
Oct 29, 2021 to Oct 30, 2026. Worst fall: VNM −49.9% · Apr 2025. Use the arrow keys to read each point.−50%−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EWW 20.1%, betterVNM 22.4%
Return per unit of riskSharpe ratio, 3 years
EWW 0.56, betterVNM 0.53
Worst fallMax drawdown, 5 years
EWW −31.2%, betterVNM −49.9%
Market sensitivityBeta, 5 years
EWW 1.06VNM 1.07

EWW and VNM in the news

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