VEXC vs VWO
Vanguard Emerging Markets Ex-China ETF against Vanguard FTSE Emerging Markets ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
63%
1015 shared positions
Fee gap
1 bp
VWO is cheaper
1-year return gap
15.8 pts
VEXC is ahead
Larger fund
VWO
$125.9B
Side by side
| VEXC | VWO | |
|---|---|---|
| Fund | Vanguard Emerging Markets Ex-China ETF | Vanguard FTSE Emerging Markets ETF |
| Issuer | Vanguard | Vanguard |
| Category | Single Country | Emerging Markets |
| Expense ratio | 0.07% | 0.06% |
| Assets | $236M | $125.9B |
| Average daily dollar volume | $1.9M | $413M |
| Listed | Sep 30, 2025 | Mar 4, 2005 |
| FrenzyCap score | 61 | 93 |
| 1-month return | −0.2% | −0.3% |
| 3-month return | +2.9% | +1.7% |
| Year to date | +20.9% | +11.2% |
| 1-year return | +24.5% | +8.7% |
| 30-day volatility | 16.4% | 14.3% |
| Worst drawdown, 1 year | −12.8% | −11.2% |
| Trailing 12-month yield | 1.97% | 2.04% |
| Holdings | 1,023 | 6,411 |
| Top 10 weight | 34.0% | 26.6% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$27M thru May 2026 | +$2.2B thru Jul 2026 |
| 30-day implied volatility | — | 14.9% |
| Holdings as of | as of May 31, 2026SEC filing | as of Apr 30, 2026SEC filing |
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
97% of VEXC · 63% of VWO| Holding | VEXC | VWO |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 22.15% | 14.61% |
| Delta Electronics Inc | 1.91% | 1.17% |
| MediaTek Inc | 2.58% | 1.06% |
| Reliance Industries Ltd | 1.18% | 0.90% |
| HDFC Bank Ltd | 1.10% | 0.80% |
| Hon Hai Precision Industry Co Ltd | 1.44% | 0.74% |
| ICICI Bank Ltd | 0.86% | 0.61% |
| Bharti Airtel Ltd | 0.71% | 0.51% |
| Vale SA | 0.76% | 0.51% |
| Al Rajhi Bank | 0.65% | 0.47% |
| ASE Technology Holding Co Ltd | 0.81% | 0.44% |
| Anglogold Ashanti Plc | 0.62% | 0.41% |
| Saudi Arabian Oil Co | 0.54% | 0.38% |
| Petroleo Brasileiro SA | 0.49% | 0.38% |
| Infosys Ltd | 0.52% | 0.38% |
| Elite Material Co Ltd | 0.60% | 0.37% |
| Naspers Ltd | 0.52% | 0.36% |
| Petroleo Brasileiro SA | 0.45% | 0.35% |
| Itau Unibanco Holding SA | 0.56% | 0.35% |
| Unimicron Technology Corp | 0.57% | 0.33% |
| Gold Fields Ltd | 0.46% | 0.33% |
| Accton Technology Corp | 0.49% | 0.31% |
| Kuwait Finance House KSCP | 0.41% | 0.29% |
| Grupo Financiero Banorte SAB de CV | 0.39% | 0.27% |
| Grupo Mexico SAB de CV | 0.46% | 0.27% |
Sector mix of the stock holdings
| Sector | VEXC | VWO | Gap |
|---|---|---|---|
| Consumer Discretionary | 0.0% | 0.1% | −0.1% |
| Health Care | 0.0% | 0.0% | +0.0% |
| Financials | 0.0% | 0.0% | −0.0% |
More: full overlap table · VEXC 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.