Which returned more over the last year, EMGF or VWO?

In the year to Oct 9, 2026, with distributions reinvested, EMGF returned +28.0% and VWO +12.1%.

Which is cheaper, EMGF or VWO?

VWO is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do EMGF and VWO overlap with the S&P 500?

By their latest filed holdings, 0% of EMGF and 0% of VWO by weight is stocks the S&P 500 already holds.

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

EMGF vs VWO: Differences, Returns & Fees

EMGF and VWO hold 44% of their weight in the same names, and EMGF returned +28.0% over the year. Net assets: $1.9bn on Oct 9, 2026 for iShares Emerging Markets Equity Factor ETF, and $125.4bn on Sep 30, 2026 for Vanguard FTSE Emerging Markets ETF.

VWO costs 0.20 points a year less; their one-year returns differ by 15.9 points; VWO is far larger, $125.4bn against $1.9bn.

EMGF vs VWO: Differences, Returns & Fees
	EMGF	VWO
Expense ratio	0.26%	0.06%
Net assets, as of Sep 30, 2026	$1.9bn	$125.4bn
Total return, 1 year	+28.0%	+12.1%
What it tracks	STOXX Emerging Markets Equity Factor Index	FTSE Emerging Markets All Cap China A Inclusion Index
Holdings in common	44%
Top ten holdings, share of the fund	31.7%	28.9%
Below its high	6.4%, high on Jun 22, 2026

Holdings in common uses holdings dated Aug 31, 2026 and Oct 9, 2026.

+28.0%

EMGF total return, 1 year

+12.1%

VWO total return, 1 year

0.26%

EMGF expense ratio

0.06%

VWO expense ratio

What they hold in common

By the books each fund has filed, EMGF and VWO hold 44% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Aug 31, 2026 and Oct 9, 2026.

50%

half

44% in common

Positions both hold, largest shared weight first

Holding EMGF VWO

TAIWAN SEMICONDUCTOR MANUFACTURING 10.48% 14.73%

TENCENT HOLDINGS 2.56% 2.90%

ALIBABA GROUP HOLDING 1.85% 2.19%

MEDIATEK 1.81% 1.47%

DELTA ELECTRONICS 1.02% 0.90%

HON HAI PRECISION INDUSTRY 0.77% 0.78%

ICICI BANK 0.56% 0.65%

PDD HOLDINGS ADS 0.53% 0.52%

ASE TECHNOLOGY HOLDING 0.71% 0.49%

RELIANCE INDUSTRIES LTD 0.48% 0.73%

HDFC BANK 0.42% 0.68%

ELITE MATERIAL 0.47% 0.41%

Only in EMGF

SAMSUNG ELECTRONICS LTD 6.58%

SK HYNIX 4.82%

CHINA CONSTRUCTION BANK CORP H 1.06%

INDUSTRIAL AND COMMERCIAL BANK OF 0.76%

SAMSUNG ELECTRONICS NON VOTING PRE 0.67%

BANK OF CHINA LTD H 0.65%

SK SQUARE 0.57%

SAMSUNG ELECTRO MECHANICS LTD 0.51%

Only in VWO

SLCMT1142 3.18%

MKTLIQ 1.21%

China Construction Bank Corp 0.86%

Industrial & Commercial Bank of China Ltd 0.62%

Vale SA 0.42%

Bank of China Ltd 0.41%

Ping An Insurance Group Co of China Ltd 0.37%

United Microelectronics Corp 0.32%

Check overlap with more funds →

On the same fields

EMGF

iShares Emerging Markets Equity Factor ETF

VWO

Vanguard FTSE Emerging Markets ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks an index Tracks an index of Emerging markets

Total return, 1 year +28.0% +12.1%

Expense ratio 0.26% 0.06%

Already in the S&P 500 0.0% 0.0%

Holdings 717 6356

Net assets, EMGF as of Oct 9, 2026 and VWO as of Sep 30, 2026 $1.9bn $125.4bn

EMGF and VWO on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About EMGF

EMGF tracks an index. Over the year to Oct 9, 2026 it returned +28.0% with distributions reinvested. The prospectus expense ratio is 0.26% a year. By its holdings published by its issuer for Oct 9, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 717 positions, with the top ten at 31.7%. It sat 6.4% below its high of Jun 22, 2026 on Oct 9, 2026.

About VWO

VWO tracks an index of Emerging markets. Over the year to Oct 9, 2026 it returned +12.1% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Aug 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 6,356 positions, with the top ten at 28.9%.

Questions people ask

Which returned more over the last year, EMGF or VWO?: In the year to Oct 9, 2026, with distributions reinvested, EMGF returned +28.0% and VWO +12.1%.
Which is cheaper, EMGF or VWO?: VWO is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EMGF and VWO overlap with the S&P 500?: By their latest filed holdings, 0% of EMGF and 0% of VWO by weight is stocks the S&P 500 already holds.

Other comparisons

EMGF vs IEMG EMGF vs SPEM EMGF vs SCHE EMGF vs FNDE AVES vs VWO DFEV vs VWO VWO vs XCEM PXH vs VWO

EMGF on its own →VWO on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

EMGF filings on SEC EDGAR ↗EMGF prospectus with the expense ratio (SEC) ↗iShares page for EMGF ↗VWO filings on SEC EDGAR ↗VWO prospectus with the expense ratio (SEC) ↗Vanguard page for VWO ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, EMGF against VWO, data as of Oct 9, 2026. https://etfiq.com/compare/any/emgf-vs-vwo

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.