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VWO ETF Profile

VWO is an emerging-markets equity ETF from Vanguard. Its largest disclosed positions include TW0002330008, G87572163, and KYG017191142, and the top three holdings account for 20.42% of portfolio weight shown here. On ETF Overlap Checker, it currently connects to 64 comparison pages.

Issuer

Vanguard

Asset Class

Emerging Markets Equity

Holdings

4990

Compare Pages

64

About VWO

This ETF is designed to invest in equities of companies situated in developing economies worldwide, including notable markets such as China, Brazil, Taiwan, and South Africa. Its primary objective is to closely mirror the performance of the FTSE Emerging Markets All Cap China A Inclusion Index. While this investment offers significant potential for capital appreciation, it also entails considerable risk; its market value can experience greater fluctuations compared to equity funds that focus on more established economies, like the United States. Consequently, it is best suited for investors with a long-term investment horizon. To ensure diversification, and pertaining to 75% of its total assets, the fund typically refrains from purchasing more than 10% of an issuer's voting shares or dedicating over 5% of its total assets to any single issuer's securities. An exception to these guidelines is permitted if required to align with the composition of its target index. Furthermore, these concentration restrictions do not extend to obligations issued by the U.S. government or its agencies.

  • VWO has a broad holdings footprint, with 4990 positions in the latest imported dataset.
  • The largest disclosed position is TW0002330008 at 14.61% of the portfolio.
  • The top three disclosed holdings make up 20.42% of the portfolio, and the top ten add up to 26.6%.
  • Sector labels are limited in the visible top holdings, so the biggest positions matter more than sector buckets here.
  • VWO currently appears in 64 active ETF comparison pages on this site.

Data And Coverage

Expense ratio
0.06%
AUM
$163B
Inception date
Mar 4, 2005
Holdings updated
Aug 12, 2026
Data source
Financial Modeling Prep

Review the methodology for the overlap formula and visit the ETF directory for the full set of indexed fund hubs.

Compare VWO with another ETF

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What Stands Out About VWO

01

Portfolio Shape

The disclosed top holdings suggest a broad portfolio rather than a narrow single-theme sleeve. TW0002330008, G87572163, and KYG017191142 are the largest visible positions, but the top three holdings add up to only 20.42% and the top ten to 26.6%. Sector labels are limited in the visible top holdings, so the concentration read is driven mainly by the largest names themselves.

02

What Kind Of Overlap To Expect

VWO should overlap most with other international or global equity funds that own a similar regional basket. Against U.S.-only funds, the overlap should usually fall materially. The biggest visible positions, including TW0002330008, G87572163, and KYG017191142, help explain where the common ground starts and stops.

03

When Investors Compare It

On this site, investors often compare VWO with VOO, VTI, and QQQ. Those matchups usually answer a simple question: does adding this fund create a different sleeve, or does it mostly duplicate exposure you already own? VWO currently connects to 64 live comparison pages.

Holdings Concentration Snapshot

Concentration

Largest disclosed holding
14.61%
Top 3 holdings
20.42%
Top 10 holdings
26.6%
Total holdings
4990

These numbers help show whether VWO behaves more like a broad portfolio building block or a fund where the biggest positions dominate the ride.

Visible Sector Mix

Sector labels are limited in the visible top holdings for VWO, so the strongest signal here is still the size of the largest positions themselves.

Top Holdings

These holdings help explain how VWO overlaps with other funds. The top ten disclosed positions represent 26.6% of the portfolio shown here.

Methodology
HoldingNameSectorWeight
TW0002330008Taiwan Semiconductor Manufacturing Co LtdN/A14.61%
G87572163Tencent Holdings LtdN/A3.26%
KYG017191142Alibaba Group Holding LtdN/A2.55%
TW0002308004Delta Electronics IncN/A1.17%
TW0002454006MediaTek IncN/A1.06%
Y72596102Reliance Industries LtdN/A0.90%
CNE1000002H1China Construction Bank CorpN/A0.85%
INE040A01034HDFC Bank LtdN/A0.80%
TW0002317005Hon Hai Precision Industry Co LtdN/A0.74%
US7223041028PDD Holdings IncN/A0.66%

Related Overlap Comparisons

Use these pages to see whether adding VWO changes your exposure or mostly duplicates positions you already own.

VOO vs VWO->VTI vs VWO->QQQ vs VWO->VGT vs VWO->SCHD vs VWO->VWO vs VYM->VWO vs VXUS->SPY vs VWO->AGG vs VWO->BND vs VWO->DGRO vs VWO->DIA vs VWO->

Frequently Asked Questions About VWO

What kind of ETF is VWO?+
VWO is an emerging-markets equity ETF.
What are the biggest holdings in VWO?+
VWO's largest disclosed positions currently include TW0002330008, G87572163, and KYG017191142. The single biggest visible holding is TW0002330008 at 14.61% of the portfolio.
Is VWO concentrated?+
Based on the visible top holdings, VWO's top three positions account for 20.42% of the portfolio and the top ten account for 26.6%. That gives a practical read on whether the fund looks broad or more top-heavy.
What kind of overlap should you expect from VWO?+
VWO should overlap most with other international or global equity funds that own a similar regional basket. Against U.S.-only funds, the overlap should usually fall materially. The biggest visible positions, including TW0002330008, G87572163, and KYG017191142, help explain where the common ground starts and stops.
How can you compare VWO with other ETFs?+
Use the comparison pages linked from this profile to see overlap score, shared holdings, and diversification differences. Popular comparisons for VWO on this site include VOO, VTI, and QQQ, and the fund currently appears in 64 active comparison pages.