EEM vs VWO
iShares MSCI Emerging Markets ETF against Vanguard FTSE Emerging Markets ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
74%
1026 shared positions
Fee gap
66 bp
VWO is cheaper
1-year return gap
9.7 pts
EEM is ahead
Larger fund
VWO
$123.1B
Side by side
| EEM | VWO | |
|---|---|---|
| Fund | iShares MSCI Emerging Markets ETF | Vanguard FTSE Emerging Markets ETF |
| Issuer | iShares | Vanguard |
| Category | Emerging Markets | Emerging Markets |
| Expense ratio | 0.72% | 0.06% |
| Assets | $29.4B | $123.1B |
| Average daily dollar volume | $1.3B | $420M |
| Listed | Apr 7, 2003 | Mar 4, 2005 |
| FrenzyCap score | 64 | 92 |
| 1-month return | −8.0% | −4.7% |
| 3-month return | −2.6% | −0.9% |
| Year to date | +15.7% | +8.3% |
| 1-year return | +16.9% | +7.1% |
| 30-day volatility | 21.1% | 14.9% |
| Worst drawdown, 1 year | −14.2% | −11.2% |
| Trailing 12-month yield | 1.76% | 2.09% |
| Holdings | 1,212 | 5,102 |
| Top 10 weight | 36.6% | 27.3% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$2.2B thru May 2026 | +$2.2B thru Jul 2026 |
| 30-day implied volatility | 24.0% | 17.5% |
| Holdings as of | as of Oct 19, 2026issuer data | as of Sep 30, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
77% of EEM · 78% of VWO| Holding | EEM | VWO |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING | 15.69% | 15.76% |
| TENCENT HOLDINGS | 2.80% | 2.82% |
| ALIBABA GROUP HOLDING | 1.99% | 2.11% |
| MEDIATEK | 1.60% | 1.88% |
| CHINA CONSTRUCTION BANK CORP H | 0.91% | 0.91% |
| DELTA ELECTRONICS | 0.84% | 0.95% |
| HON HAI PRECISION INDUSTRY | 0.77% | 0.80% |
| HDFC BANK | 0.73% | 0.70% |
| RELIANCE INDUSTRIES LTD | 0.62% | 0.69% |
| ICICI BANK | 0.66% | 0.60% |
| ASE TECHNOLOGY HOLDING | 0.59% | 0.61% |
| INDUSTRIAL AND COMMERCIAL BANK OF | 0.54% | 0.65% |
| BHARTI AIRTEL LTD | 0.48% | 0.47% |
| XIAOMI | 0.50% | 0.46% |
| BANK OF CHINA LTD H | 0.45% | 0.43% |
| MEITUAN | 0.42% | 0.41% |
| AL RAJHI BANK | 0.41% | 0.41% |
| CIA VALE DO RIO DOCE SH | 0.41% | 0.40% |
| UNIMICRON TECHNOLOGY | 0.40% | 0.40% |
| ANGLOGOLD ASHANTI PLC | 0.40% | 0.39% |
| UNITED MICRO ELECTRONICS CORP | 0.39% | 0.39% |
| ELITE MATERIAL | 0.39% | 0.37% |
| NETEASE | 0.38% | 0.36% |
| PDD | 0.36% | 0.50% |
| PETROLEO BRASILEIRO PREF SA | 0.45% | 0.35% |
Sector mix of the stock holdings
| Sector | EEM | VWO | Gap |
|---|---|---|---|
| Industrials | 0.5% | 0.6% | −0.1% |
| Financials | 0.8% | 0.1% | +0.6% |
| Materials | 0.5% | 0.3% | +0.2% |
| Technology | 0.4% | 0.2% | +0.2% |
| Consumer Discretionary | 0.1% | 0.1% | +0.0% |
| Communication Services | 0.0% | 0.0% | +0.0% |
| Utilities | 0.0% | 0.0% | −0.0% |
| Consumer Staples | 0.0% | 0.0% | +0.0% |
| Health Care | 0.0% | 0.0% | −0.0% |
| Energy | 0.0% | 0.0% | −0.0% |
More: full overlap table · EEM holdings · VWO holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.