Data as of Nov 4, 2026.

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FRDM vs VWO: Differences, Returns & Fees

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Over the year to Nov 4, 2026, FRDM returned +33.5% to VWO's +5.9%; 11% of their weight is in the same names.

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Net assets: $3.6bn on Jun 30, 2026 for Freedom 100 Emerging Markets ETF, and $117.5bn on Oct 31, 2026 for Vanguard FTSE Emerging Markets ETF.

At a glance
+33.5%
FRDM total return, 1 year
+5.9%
VWO total return, 1 year
0.49%
FRDM expense ratio
0.06%
VWO expense ratio

Pair scorecard

VWO costs 0.43 points a year less; their one-year returns differ by 27.6 points.

FRDM vs VWO: Differences, Returns & Fees
MeasureFRDMVWO
Return
Total return, 1 year+33.5%+5.9%
Drawdown
Below its high17.7%, high on Jun 22, 20268.2%, high on Sep 4, 2026
Benchmark
What it tracksnot read by ETFIQFTSE Emerging Markets All Cap China A Inclusion Index
Cost and size
Expense ratio0.49%0.06%
Net assets, FRDM as of Jun 30, 2026 and VWO as of Oct 31, 2026$3.6bn$117.5bn
Holdings
Holdings in common11%
Top ten holdings, share of the fund56.6%27.3%

Method

What they share

11%

By the books each fund has filed, FRDM and VWO hold 11% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Sep 30, 2026.

0 half 100%

half

11% in common

Positions both hold · largest shared weight first FRDM VWO
MediaTek Inc 5.46% 1.88%
Delta Electronics Inc 3.08% 0.95%
Hon Hai Precision Industry Co Ltd 2.50% 0.80%
ASE Technology Holding Co Ltd 1.51% 0.61%
Vale SA 2.65% 0.40%
Fubon Financial Holding Co Ltd 1.15% 0.33%
CTBC Financial Holding Co Ltd 0.96% 0.31%
Grupo Mexico SAB de CV 0.42% 0.29%
Cathay Financial Holding Co Ltd 0.79% 0.28%
Gold Fields Ltd 0.52% 0.27%
FirstRand Ltd 0.61% 0.24%
Quanta Computer Inc 0.83% 0.23%
Only in one fund ↓
Only in FRDM
Samsung Electronics Co Ltd 13.07%
SK hynix Inc 12.28%
Bank Polska Kasa Opieki SA 2.66%
LPP SA 1.35%
SK Square Co Ltd 1.25%
Dino Polska SA 0.75%
CD Projekt SA 0.69%
Alior Bank SA 0.68%
Only in VWO
Taiwan Semiconductor Manufacturing Co Ltd 15.76%
Tencent Holdings Ltd 2.82%
Alibaba Group Holding Ltd 2.11%
China Construction Bank Corp 0.91%
HDFC Bank Ltd 0.70%
Reliance Industries Ltd 0.69%
Industrial & Commercial Bank of China Ltd 0.65%
ICICI Bank Ltd 0.60%
Check overlap with more funds →

Side by side

FRDM Freedom 100 Emerging Markets ETF VWO Vanguard FTSE Emerging Markets ETF
Where it sits Stock ETF Stock ETF
Issuer Life + Liberty Vanguard
What it is Tracks an index Tracks an index of Emerging markets
Total return, 1 year +33.5% +5.9%
Its benchmark over the same days +14.3% (GSEE) not measured
Gap to its benchmark +19.2 pts vs GSEE not measured
Expense ratio 0.49% 0.06%
Already in the S&P 500 0.0% 0.0%
Holdings 126 6507
Net assets, FRDM as of Jun 30, 2026 and VWO as of Oct 31, 2026 $3.6bn $117.5bn

FRDM and VWO on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
FRDM

FRDM tracks an index. Over the year to Nov 4, 2026 it returned +33.5% with distributions reinvested, against +14.3% for its benchmark, the Solactive GBS Emerging Markets Large & Mid Cap Index. The prospectus expense ratio is 0.49% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 126 positions, with the top ten at 56.6%. It sat 17.7% below its high of Jun 22, 2026 on Nov 4, 2026.

VWO

VWO tracks an index of Emerging markets. Over the year to Nov 4, 2026 it returned +5.9% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 6,507 positions, with the top ten at 27.3%. It sat 8.2% below its high of Sep 4, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, FRDM or VWO?
In the year to Nov 4, 2026, with distributions reinvested, FRDM returned +33.5% and VWO +5.9%.
Which is cheaper, FRDM or VWO?
VWO is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FRDM and VWO overlap with the S&P 500?
By their latest filed holdings, 0% of FRDM and 0% of VWO by weight is stocks the S&P 500 already holds.
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ETFIQ, FRDM against VWO, data as of Nov 4, 2026. https://etfiq.com/compare/any/frdm-vs-vwo

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