FEMS vs VWO: holdings overlap, shared companies and scores
As of October 9, 2026, FEMS and VWO overlap 1.4% by weight. First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS): Emerging market small-cap income stocks. Vanguard FTSE Emerging Markets ETF (VWO): Emerging market stocks.
Updated October 9, 2026
Where FEMS and VWO trade against their own history
FEMS trades at 8.8 times earnings, against its own median of 8.1, and is more expensive than 80% of its own last 9 years.
VWO trades at 15.7 times earnings, against its own median of 13.8, and is more expensive than 80% of its own last 9 years.
What do FEMS and VWO each hold?
What's inside FEMS: Tech 18%, Semiconductors 3%.
16% of FEMS is its ten largest holdings.
What's inside VWO: Tech 32%, Semiconductors 21%.
27% of VWO is its ten largest holdings.
How much do FEMS and VWO overlap? 1.4% by weight
As of October 9, 2026, FEMS and VWO overlap 1.4% by weight.
84% of FEMS is already inside VWO.
1% of VWO is already inside FEMS.
FEMS holds 200 companies and VWO holds 4,951; 168 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FEMS and VWO? 3.5 and 4.6 out of 10
As of October 9, 2026, ETF Copilot scores FEMS 3.5 out of 10 and VWO 4.6 out of 10.
They differ most on Quality: FEMS 1.3 and VWO 6.3.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FEMS | VWO |
|---|---|---|
| Growth | 5.8 | 6.8 |
| Value | 1.1 | 1.7 |
| Risk | 5.9 | 5.1 |
| Quality | 1.3 | 6.3 |
| Return | 2.7 | 2.9 |
VWO is the cheaper of the two at 0.06% a year
As of October 9, 2026, FEMS charges 0.80% a year, yields 3.82% and holds $229M in assets across 200 positions.
As of October 9, 2026, VWO charges 0.06% a year, yields 2.03% and holds $176.1B in assets across 4951 positions.
| Measure | FEMS | VWO |
|---|---|---|
| Expense ratio | 0.80% | 0.06% |
| Dividend yield | 3.82% | 2.03% |
| Assets under management | $229M | $176.1B |
| Holdings | 200 | 4951 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “FEMS vs VWO holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fems-vs-vwo
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