VWO vs XCNY
Vanguard FTSE Emerging Markets ETF against SPDR Index Shares Fund State Street SPDR S&P Emerging Markets ex-China ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
60%
994 shared positions
Fee gap
13 bp
VWO is cheaper
1-year return gap
11.0 pts
XCNY is ahead
Larger fund
VWO
$124.2B
Side by side
| VWO | XCNY | |
|---|---|---|
| Fund | Vanguard FTSE Emerging Markets ETF | SPDR Index Shares Fund State Street SPDR S&P Emerging Markets ex-China ETF |
| Issuer | Vanguard | State Street SPDR |
| Category | Emerging Markets | Single Country |
| Expense ratio | 0.06% | 0.19% |
| Assets | $124.2B | $10M |
| Average daily dollar volume | $430M | $12K |
| Listed | Mar 4, 2005 | Sep 4, 2024 |
| FrenzyCap score | 92 | 41 |
| 1-month return | −0.7% | +0.3% |
| 3-month return | +1.6% | +4.0% |
| Year to date | +9.4% | +18.8% |
| 1-year return | +9.8% | +20.8% |
| 30-day volatility | 14.7% | 16.2% |
| Worst drawdown, 1 year | −11.2% | −11.9% |
| Trailing 12-month yield | 2.07% | 2.23% |
| Holdings | 5,102 | 1,197 |
| Top 10 weight | 27.3% | 30.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$2.2B thru Jul 2026 | $0 thru Jun 2026 |
| 30-day implied volatility | 15.3% | — |
| Holdings as of | as of Sep 30, 2026issuer data | as of Oct 14, 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
61% of VWO · 92% of XCNY| Holding | VWO | XCNY |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 15.76% | 19.84% |
| MediaTek Inc | 1.88% | 2.71% |
| Delta Electronics Inc | 0.95% | 1.46% |
| Hon Hai Precision Industry Co Ltd | 0.80% | 1.05% |
| HDFC Bank Ltd | 0.70% | 0.91% |
| Reliance Industries Ltd | 0.69% | 0.91% |
| ASE Technology Holding Co Ltd | 0.61% | 1.15% |
| ICICI Bank Ltd | 0.60% | 0.79% |
| Bharti Airtel Ltd | 0.47% | 0.55% |
| Al Rajhi Bank | 0.41% | 0.53% |
| Vale SA | 0.40% | 0.50% |
| Unimicron Technology Corp | 0.40% | 0.74% |
| United Microelectronics Corp | 0.39% | 0.61% |
| Elite Material Co Ltd | 0.37% | 0.41% |
| PETROBRAS - PETROLEO BRAS-PR | 0.35% | 0.47% |
| ITAU UNIBANCO HOLDING S-PREF | 0.34% | 0.56% |
| Saudi Arabian Oil Co | 0.33% | 0.42% |
| Fubon Financial Holding Co Ltd | 0.33% | 0.47% |
| Nan Ya Plastics Corp | 0.33% | 0.65% |
| Petroleo Brasileiro SA - Petrobras | 0.32% | 0.54% |
| CTBC Financial Holding Co Ltd | 0.31% | 0.51% |
| Infosys Ltd | 0.31% | 0.44% |
| Grupo Mexico SAB de CV | 0.29% | 0.45% |
| Cathay Financial Holding Co Ltd | 0.28% | 0.39% |
| GFI | 0.27% | 0.36% |
Sector mix of the stock holdings
| Sector | VWO | XCNY | Gap |
|---|---|---|---|
| Financials | 0.1% | 1.1% | −0.9% |
| Materials | 0.3% | 0.7% | −0.4% |
| Industrials | 0.6% | 0.1% | +0.5% |
| Technology | 0.2% | 0.1% | +0.1% |
| Communication Services | 0.0% | 0.1% | −0.1% |
| Energy | 0.0% | 0.1% | −0.1% |
| Consumer Discretionary | 0.1% | 0.0% | +0.1% |
| Consumer Staples | 0.0% | 0.0% | −0.0% |
| Utilities | 0.0% | 0.0% | +0.0% |
| Health Care | 0.0% | 0.0% | +0.0% |
More: full overlap table · VWO holdings · XCNY 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.