Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VDE vs VWO: how they differ
VDE and VWO hold 0% of their weight in the same names, and VDE returned more over the year.
Vanguard Energy Index Fund and Vanguard Emerging Markets Stock Index Fund.
What they hold in common
By the books each fund has filed, VDE and VWO hold 0% of their money in the same securities at the same weight.
| Only in VDE | Only in VWO |
|---|---|
| Exxon Mobil Corp 21.37% | Taiwan Semiconductor Manufacturing Co Lt 14.73% |
| Chevron Corp 14.53% | Tencent Holdings Ltd 3.28% |
| ConocoPhillips 5.79% | Alibaba Group Holding Ltd 2.57% |
| Williams Cos Inc/The 3.65% | Delta Electronics Inc 1.18% |
| SLB Ltd 3.49% | MediaTek Inc 1.07% |
| Marathon Petroleum Corp 3.29% | Reliance Industries Ltd 0.90% |
| Valero Energy Corp 3.19% | HDFC Bank Ltd 0.81% |
| EOG Resources Inc 3.06% | Hon Hai Precision Industry Co Ltd 0.75% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| VDE Vanguard Energy Index Fund | VWO Vanguard Emerging Markets Stock Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Energy | Emerging markets |
| Total return, 1 year | +50.6% | +15.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +33.1 pts | −1.9 pts |
| Expense ratio | 0.09% | 0.06% |
| Already in the S&P 500 | 81.6% | 0.0% |
| Holdings | 105 | 6355 |
VDE in plain words
VDE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 82% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 64.0%.
VWO in plain words
VWO is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +15.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 6355 positions, with the top ten at 26.8%.
Questions people ask
- Which returned more over the last year, VDE or VWO?
- In the year to Sep 12, 2026, with distributions reinvested, VDE returned +50.6% and VWO returned +15.6%, so VDE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VDE or VWO?
- VDE charges 0.09% a year and VWO charges 0.06%, so VWO is cheaper. Fees come from each fund's prospectus.
- How much do VDE and VWO overlap with the S&P 500?
- By their latest filed holdings, 82% of VDE and 0% of VWO by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VDE against VWO, data as of Sep 12, 2026. https://etfiq.com/compare/any/VDE-VWO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources