Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VWO vs XHB: how they differ
VWO and XHB hold 0% of their weight in the same names, and VWO returned more over the year.
Vanguard Emerging Markets Stock Index Fund and State Street(R) SPDR(R) S&P(R) Homebuilders ETF.
What they hold in common
By the books each fund has filed, VWO and XHB hold 0% of their money in the same securities at the same weight.
| Only in VWO | Only in XHB |
|---|---|
| Taiwan Semiconductor Manufacturing Co Lt 14.73% | Owens Corning 4.10% |
| Tencent Holdings Ltd 3.28% | Advanced Drainage Systems Inc 3.60% |
| Alibaba Group Holding Ltd 2.57% | KB Home 3.56% |
| Delta Electronics Inc 1.18% | Builders FirstSource Inc 3.56% |
| MediaTek Inc 1.07% | Meritage Homes Corp 3.53% |
| Reliance Industries Ltd 0.90% | Toll Brothers Inc 3.52% |
| HDFC Bank Ltd 0.81% | Installed Building Products Inc 3.49% |
| Hon Hai Precision Industry Co Ltd 0.75% | PulteGroup Inc 3.44% |
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 Jun 30, 2026.
| VWO Vanguard Emerging Markets Stock Index Fund | XHB State Street(R) SPDR(R) S&P(R) Homebuilders ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | State Street |
| What it is | Emerging markets | SPDR S&P Homebuilders |
| Total return, 1 year | +15.6% | −16.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −1.9 pts | −34.1 pts |
| Expense ratio | 0.06% | 0.35% |
| Already in the S&P 500 | 0.0% | 45.7% |
| Holdings | 6355 | 35 |
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%.
XHB in plain words
XHB is an index equity fund tracking the SPDR S&P Homebuilders. Over the year to Sep 11, 2026 it returned −16.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 35.6%. It sat 20.6% below its high of Oct 18, 2024 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VWO or XHB?
- In the year to Sep 12, 2026, with distributions reinvested, VWO returned +15.6% and XHB returned −16.6%, so VWO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VWO or XHB?
- VWO charges 0.06% a year and XHB charges 0.35%, so VWO is cheaper. Fees come from each fund's prospectus.
- How much do VWO and XHB overlap with the S&P 500?
- By their latest filed holdings, 0% of VWO and 46% of XHB 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
Where to next
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, VWO against XHB, data as of Sep 12, 2026. https://etfiq.com/compare/any/VWO-XHB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources