Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VT vs VWO: how they differ
VT and VWO hold 9% of their weight in the same names, and VT returned more over the year.
Vanguard Total World Stock Index Fund and Vanguard Emerging Markets Stock Index Fund.
What they hold in common
By the books each fund has filed, VT and VWO hold 9% of their money in the same securities at the same weight.
| Holding | VT | VWO |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Lt | 1.52% | 14.73% |
| Tencent Holdings Ltd | 0.34% | 3.28% |
| Alibaba Group Holding Ltd | 0.27% | 2.57% |
| Delta Electronics Inc | 0.12% | 1.18% |
| MediaTek Inc | 0.11% | 1.07% |
| HDFC Bank Ltd | 0.08% | 0.81% |
| Reliance Industries Ltd | 0.08% | 0.90% |
| Hon Hai Precision Industry Co Ltd | 0.08% | 0.75% |
| PDD Holdings Inc | 0.07% | 0.66% |
| ICICI Bank Ltd | 0.06% | 0.62% |
| Bharti Airtel Ltd | 0.05% | 0.52% |
| Vale SA | 0.05% | 0.51% |
| Only in VT | Only in VWO |
|---|---|
| NVIDIA Corp 4.22% | Huadian New Energy Group Co Ltd 0.01% |
| Apple Inc 3.53% | Beijing HyperStrong Technology Co Ltd 0.00% |
| Microsoft Corp 2.73% | Great Microwave Technology Co Ltd 0.00% |
| Amazon.com Inc 2.29% | Arashi Vision Inc 0.00% |
| Alphabet Inc 2.04% | Baimtec Material Co Ltd 0.00% |
| Broadcom Inc 1.74% | NBTM New Materials Group Co Ltd 0.00% |
| Alphabet Inc 1.61% | Ningbo Jintian Copper Group Co Ltd 0.00% |
| Meta Platforms Inc 1.21% | AUCMA Co Ltd 0.00% |
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.
| VT Vanguard Total World Stock Index Fund | VWO Vanguard Emerging Markets Stock Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Total World Stock | Emerging markets |
| Total return, 1 year | +18.9% | +15.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.4 pts | −1.9 pts |
| Expense ratio | 0.06% | 0.06% |
| Already in the S&P 500 | 55.2% | 0.0% |
| Holdings | 10042 | 6355 |
VT in plain words
VT is an index equity fund tracking the Total World Stock. Over the year to Sep 11, 2026 it returned +18.9% 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, 55% of the fund by weight is stocks the S&P 500 also holds, across 10042 positions, with the top ten at 21.9%.
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. 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, VT or VWO?
- In the year to Sep 12, 2026, with distributions reinvested, VT returned +18.9% and VWO returned +15.6%, so VT returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VT or VWO?
- VT charges 0.06% a year and VWO charges 0.06%, so VT is cheaper. Fees come from each fund's prospectus.
- How much do VT and VWO overlap with the S&P 500?
- By their latest filed holdings, 55% of VT and 0% of VWO by weight is stocks the S&P 500 already holds. Between the two funds, 9% of their books are the same securities at the same weight.
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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, VT against VWO, data as of Sep 12, 2026. https://etfiq.com/compare/any/VT-VWO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources