Vanguard Total International Stock ETF
VWO NYSE
Vanguard FTSE Emerging Markets ETF · by Vanguard
Vanguard FTSE Emerging Markets ETF provides broad exposure to stocks in emerging markets including China, India, Taiwan, Brazil, and South Africa. An excellent diversifier for U.S.-heavy portfolios.
What is VWO?
Vanguard FTSE Emerging Markets ETF (VWO) provides broad exposure to emerging market stocks spanning China, India, Taiwan, Brazil, South Africa, and dozens of other developing economies. At 0.08% expense ratio, it's one of the cheapest ways to access EM equities.
Country Allocation
- China: 28.5%
- India: 18.2%
- Taiwan: 16.8%
- Brazil: 5.5%
- Saudi Arabia: 4.2%
- South Africa: 3.8%
- Mexico: 2.5%
- Thailand: 2.2%
- Indonesia: 1.8%
- Other: 16.5%
Sector Allocation
- Technology: 22.5%
- Financials: 20.8%
- Consumer Discretionary: 14.2%
- Communication Services: 10.5%
- Materials: 8.2%
- Energy: 6.5%
- Industrials: 5.8%
- Consumer Staples: 5.2%
- Healthcare: 3.8%
- Utilities: 1.5%
- Real Estate: 1.0%
VWO vs IEMG vs EEM
VWO (0.08%) and IEMG (0.09%) are both low-cost EM options. VWO excludes South Korea, while IEMG includes it. EEM is older and more expensive (0.68%). For most investors, VWO or IEMG are superior choices.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor | TSM | Technology | 7.20% | $415.50 0.36% |
| 2 | Tencent Holdings | TCEHY | Communication Services | 4.50% | $56.09 0.00% |
| 3 | Alibaba Group | BABA | Consumer Discretionary | 3.20% | $111.81 -0.92% |
| 4 | Reliance Industries | RELI | Energy | 2.10% | — |
| 5 | Meituan | MPNGY | Consumer Discretionary | 1.80% | $20.18 4.40% |
| 6 | Samsung Electronics | SSNLF | Technology | 1.60% | $65.21 0.00% |
| 7 | China Construction Bank | CICHY | Financials | 1.40% | $24.79 1.14% |
| 8 | Vale S.A. | VALE | Materials | 1.30% | $15.73 4.03% |
| 9 | JD.com | JD | Consumer Discretionary | 1.20% | $27.83 -0.25% |
| 10 | Infosys Ltd. | INFY | Technology | 1.10% | $11.97 -0.25% |
Frequently asked questions
Is VWO a good investment?
VWO provides important diversification into faster-growing economies. Most financial advisors recommend 10-20% international allocation including emerging markets.
What countries are in VWO?
Top countries include China (~30%), India (~20%), Taiwan (~18%), Brazil (~6%), and South Africa (~4%).
Compare with similar ETFs
iShares Core MSCI EAFE ETF
iShares Core MSCI Emerging Markets ETF
Vanguard FTSE Europe ETF
iShares MSCI EAFE ETF
iShares MSCI ACWI ex U.S. ETF
VWO discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of VWO in 2026?
VWO price prediction 2026: what actually drives it?
Does VWO pay a dividend, and how reliable is the yield?
Is VWO a good long-term hold, or too concentrated?
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