Tearsheet

Vanguard FTSE Emerging Markets ETF (VWO)


Market Price (5/22/2026): $58.72

Vanguard FTSE Emerging Markets ETF (VWO)


Market Price (5/22/2026): $58.72

Asset Allocation with VWO


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Price Chart

Valuation & Yield

 5/22/2620252024202320222021
Share Price CYE$58.70$53.76$42.80$38.70$35.42$43.19
Dividend/Share TTM$1.45$1.50$1.41$1.45$1.60$1.30

Valuation [1]
      
P/S TTM1.401.421.591.801.221.72
P/E TTM24.0724.9020.0815.506.5013.87

Yields TTM
      
Earnings Yield4.15%4.02%4.98%6.45%15.38%7.21%
Dividend Yield2.47%2.79%3.29%3.74%4.53%3.01%
Total Yield (TY)6.63%6.80%8.27%10.19%19.91%10.22%

Risk Premium [2]
      
Risk Free Rate (Rf)4.57%4.18%4.58%3.88%3.88%1.52%
Risk Prem. (TY - Rf)2.06%2.62%3.69%6.31%16.03%8.70%

[1] P/E uses aggregate method (profitable constituents only); P/S uses all constituents. Ratios reflect current ETF holdings at current weights.
[2] The premium above the risk free rate (US 10Y) offered by the investment. Negative premiums can indicate stretched valuations.

Top 20 Holdings for VWO

Total Weights
Top 5: 18.7% | Top 10: 21.0% | Top 20: 21.0%

Performance for VWO Top Holdings

TickerHoldingWeightMkt Price
5/21
1D Rtn1M RtnYTD Rtn1Y Rtn3Y Rtn5Y Rtn10Y Rtn
VWOVanguard FTSE Emerging Markets ETF100.00%58.700.1%0.9%9.2%26.5%60.8%32.3%140.1%
2330.TWTaiwan Semiconductor Manufacturing Company Limited13.51%        
0700.HKTencent Holdings3.01%        
nullN/A0.46%        
2454.TWMediaTek0.98%        
0939.HKChina Construction Bank0.79%        
2317.TWHon Hai0.69%        
PDDPDD0.61%97.79-0.4%-1.2%-13.8%-15.8%55.1%-24.4% 
1398.HKIndustrial & Commercial Bank of China0.57%        
2318.HKPing An Insurance Group Co of China0.42%        

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VWO Return1%-18%9%11%26%9%38%
Peers Return2%-19%10%9%27%14%44%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
VWO Win Rate67%25%50%67%83%60% 
Peers Win Rate68%23%52%65%87%68% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
VWO Max Drawdown-13%-29%-12%-9%-15%-11% 
Peers Max Drawdown-14%-31%-12%-10%-15%-12% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: IEMG, EEM, SPEM, SCHE, FNDE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/21/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker1Y3Y5Y
VWO1.700.810.19
Equity Top Results (3Y)   
SPMO1.931.450.89
SMH2.991.440.91
CGDV2.121.320.89
ALLW1.751.291.29
DYNF1.961.280.68

Results as of 4302026.

How Low Can It Go

EventVWOS&P 500
2025 US Tariff Shock
  % Loss-13.1%-18.8%
  % Gain to Breakeven15.1%23.1%
  Time to Breakeven24 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-27.4%-24.5%
  % Gain to Breakeven37.7%32.4%
  Time to Breakeven701 days427 days
2020 COVID-19 Crash
  % Loss-30.6%-33.7%
  % Gain to Breakeven44.1%50.9%
  Time to Breakeven128 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-20.2%-12.2%
  % Gain to Breakeven25.3%13.9%
  Time to Breakeven90 days62 days
2014-2016 Oil Price Collapse
  % Loss-34.3%-6.8%
  % Gain to Breakeven52.1%7.3%
  Time to Breakeven540 days15 days
2013 Taper Tantrum
  % Loss-14.6%-0.2%
  % Gain to Breakeven17.0%0.2%
  Time to Breakeven86 days1 days

Compare to IEMG, EEM, SPEM, SCHE, FNDE

In The Past

Vanguard FTSE Emerging Markets ETF's stock fell -13.1% during the 2025 US Tariff Shock. Such a loss loss requires a 15.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventVWOS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-27.4%-24.5%
  % Gain to Breakeven37.7%32.4%
  Time to Breakeven701 days427 days
2020 COVID-19 Crash
  % Loss-30.6%-33.7%
  % Gain to Breakeven44.1%50.9%
  Time to Breakeven128 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-20.2%-12.2%
  % Gain to Breakeven25.3%13.9%
  Time to Breakeven90 days62 days
2014-2016 Oil Price Collapse
  % Loss-34.3%-6.8%
  % Gain to Breakeven52.1%7.3%
  Time to Breakeven540 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-27.7%-17.9%
  % Gain to Breakeven38.3%21.8%
  Time to Breakeven1023 days123 days
2008-2009 Global Financial Crisis
  % Loss-65.3%-53.4%
  % Gain to Breakeven188.3%114.4%
  Time to Breakeven862 days1085 days

Compare to IEMG, EEM, SPEM, SCHE, FNDE

In The Past

Vanguard FTSE Emerging Markets ETF's stock fell -13.1% during the 2025 US Tariff Shock. Such a loss loss requires a 15.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

VWO Dip Buy History


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Alerts when dip buy opportunities arise.
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Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
NOBLProShares S&P 500 Dividend Aristocrats ETF-5.9%107.325212026114.03301202681
JEPIJPMorgan Equity Premium Income ETF-5.1%56.08521202659.09301202681
ARKKARK Innovation ETF-7.9%76.62521202683.211132026128
URAGlobal X Uranium ETF-21.0%48.86521202661.811282026113
LITGlobal X Lithium & Battery Tech ETF-7.9%84.38521202691.62511202610
CGBLCapital Group Core Balanced ETF-6.2%34.41521202636.67225202685
XLFState Street Financial Select Sector SPDR ETF-7.8%51.73521202656.111062026135
XLVState Street Health Care Select Sector SPDR ETF-7.1%148.155212026159.54301202681
XLEState Street Energy Select Sector SPDR ETF-5.5%59.13521202662.56329202653
XLPState Street Consumer Staples Select Sector SPDR ETF-5.4%84.66521202689.51301202681
XLUState Street Utilities Select Sector SPDR ETF-5.1%45.00521202647.40301202681
XLBState Street Materials Select Sector SPDR ETF-6.3%50.02521202653.38211202699
ITAiShares U.S. Aerospace & Defense ETF-10.9%223.155212026250.42302202680
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-9.3%170.655212026188.18329202653
TLTiShares 20+ Year Treasury Bond ETF-6.6%84.22521202690.16301202681
VGLTVanguard Long-Term Treasury ETF-5.7%53.91521202657.20301202681
SPTLState Street SPDR Portfolio Long Term Treasury ETF-6.1%25.61521202627.28301202681
TLHiShares 10-20 Year Treasury Bond ETF-5.7%98.345212026104.25301202681
EDVVanguard World Funds Extended Duration ETF-9.1%62.11521202668.33301202681
GSGiShares GSCI Commodity-5.8%30.01521202631.85318202664
GLDSPDR Gold Trust-15.9%416.995212026495.901292026112
IAUiShares Gold Trust-15.9%85.435212026101.571292026112
GLDMSPDR Gold MiniShares Trust-15.8%89.875212026106.771292026112
SGOLETFS Physical Swiss Gold Shares-13.1%44.66521202651.411292026112
BARDirexion Daily Gold Bull 3X Shares-16.6%44.34521202653.161292026112
SLViShares Silver Trust-34.2%69.455212026105.601282026113
SIVRETFS Physical Silver Shares Trust ETF-24.8%83.395212026110.871282026113
PPLTETFS Physical Platinum Shares-29.3%17.84521202625.231252026116
CPERUnited States Copper Index Fund ETV-13.9%33.33521202638.711292026112
PALLETFS Physical Palladium Shares-32.2%25.22521202637.181282026113
USOUnited States Oil Fund LP-6.8%142.545212026152.9651920262
UNGUnited States Natural Gas Fund LP-33.0%11.33521202616.902012026109
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85521202660.13504202617
IBITiShares Bitcoin Trust ETF-20.6%44.00521202655.441142026127
FBTCFidelity Wise Origin Bitcoin Fund-20.6%67.56521202685.121142026127
GBTCGrayscale Bitcoin Trust ETF-19.0%61.84521202676.311142026127
ETHAiShares Ethereum Trust ETF-36.9%16.15521202625.591142026127

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About VWO

0Holdings Count: 5942
Expense Ratio: 0.06%
Inception Date: 2005-03-04
Vanguard FTSE Emerging Markets ETF
Invests in stocks of companies located in emerging markets around the world, such as China, Brazil, Taiwan, and South Africa.Goal is to closely track the return of the FTSE Emerging Markets All Cap China A Inclusion Index.Has high potential for growth, but also high risk; share value may swing up and down more than that of stock funds that invest in developed countries, including the United States.Only appropriate for long-term goals.With respect to 75% of its total assets, the fund may not: (1) purchase more than 10% of the outstanding voting securities of any one issuer or (2) purchase securities of any issuer if, as a result, more than 5% of the fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.
Asset Class: Emerging Markets Equity | ETF Website

Recent Active Movers

Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity34.1 Mil
Short Interest: % Change Since 415202646.1%
Average Daily Volume6.5 Mil
Days-to-Cover Short Interest5.3 days