Vanguard FTSE Emerging Markets ETF (VWO) is a emerging-markets ETF. As of October 9, 2026, ETF Copilot scores VWO 4.6 out of 10 — highest on Growth (6.8), lowest on Value (1.7). It trades at 15.7 times earnings, against its own median of 13.8. Its ten largest holdings are 27% of the fund.
What stands out in VWO's data
Emerging market stocks, weighted by market size across the developing world.
Priced above its own history and the typical peer — you pay more for each dollar of earnings.
Its trailing P/E multiple of 15.7x is pricier than the category median of 14.1x and its own historical median of 13.8x, with 4,951 holdings spanning the developing world.
Broad emerging-market exposure at a low annual cost — a core building block for global allocation.
How is VWO rated? ETF Copilot scores Vanguard FTSE Emerging Markets ETF (VWO) 4.6 out of 10
As of October 9, 2026, ETF Copilot scores Vanguard FTSE Emerging Markets ETF (VWO) 4.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.6 / 10
- Growth: 6.8 / 10
- Value: 1.7 / 10
- Risk: 5.1 / 10
- Quality: 6.3 / 10
- Return: 2.9 / 10
Is VWO expensive right now? It trades at 15.7 times earnings, against its own median of 13.8
As of October 9, 2026, VWO is more expensive than 80% of its own last 9 years.
Trailing 12 months, built from VWO's holdings. How we calculate this →
What's inside VWO? 32% Tech
What's inside VWO: Size (Large 55%, Mid 30%, Small 15%); Geography (International 100%, US 0%); Tech 31.9%; AI 1.0%; Semiconductors 21.1%; Memory 1.9%.
What are VWO's top holdings? The ten largest are 27% of the fund
More concentrated than 58% of Emerging Markets ETFs.
Half of VWO's weight sits in its 90 largest positions, and once those weights are taken into account it behaves like 36 equally weighted holdings.
What is VWO's expense ratio? 0.06% a year
As of October 9, 2026, VWO charges 0.06% a year, yields 2.03% and holds $176.1B in assets across 4951 positions.
| Measure | VWO |
|---|---|
| Expense ratio | 0.06% |
| Dividend yield | 2.03% |
| Assets under management | $176.1B |
| Holdings | 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.
Cite this
ETF Copilot, “Vanguard FTSE Emerging Markets ETF (VWO) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/vwo
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