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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EWY vs VWO: how they differ

EWY and VWO hold 0% of their weight in the same names, and EWY returned more over the year.

iShares MSCI South Korea ETF and Vanguard Emerging Markets Stock Index Fund.

What they hold in common

By the books each fund has filed, EWY and VWO hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in EWYOnly in VWO
SK HYNIX 24.02%Taiwan Semiconductor Manufacturing Co Lt 14.73%
SAMSUNG ELECTRONICS LTD 22.13%Tencent Holdings Ltd 3.28%
SK SQUARE 3.01%Alibaba Group Holding Ltd 2.57%
KRW CASH 2.49%Delta Electronics Inc 1.18%
SAMSUNG ELECTRO MECHANICS LTD 2.46%MediaTek Inc 1.07%
KB FINANCIAL GROUP 1.92%Reliance Industries Ltd 0.90%
HYUNDAI MOTOR 1.60%HDFC Bank Ltd 0.81%
SHINHAN FINANCIAL GROUP 1.57%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 Sep 10, 2026.

EWY and VWO on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
EWY
iShares MSCI South Korea ETF
VWO
Vanguard Emerging Markets Stock Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isMSCI South KoreaEmerging markets
Total return, 1 year+147.9%+15.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+130.4 pts−1.9 pts
Expense ratio0.59%0.06%
Already in the S&P 5000.0%0.0%
Holdings806355

EWY in plain words

EWY is an index equity fund tracking the MSCI South Korea. Over the year to Sep 11, 2026 it returned +147.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 80 positions, with the top ten at 61.9%. It sat 13.9% below its high of Jun 18, 2026 on Sep 11, 2026.

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, EWY or VWO?
In the year to Sep 13, 2026, with distributions reinvested, EWY returned +147.9% and VWO returned +15.6%, so EWY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EWY or VWO?
EWY charges 0.59% a year and VWO charges 0.06%, so VWO is cheaper. Fees come from each fund's prospectus.
How much do EWY and VWO overlap with the S&P 500?
By their latest filed holdings, 0% of EWY 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.

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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.

EWY against VWO, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EWY against VWO, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewy-vs-vwo Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources