Get the weekly note

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

ETFIQetfiq.com · independent ETF data

GOVT vs VWO: how they differ

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

iShares U.S. Treasury Bond ETF and Vanguard Emerging Markets Stock Index Fund.

What they hold in common

By the books each fund has filed, GOVT 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 GOVTOnly in VWO
US TREASURY N/B 0.60%Taiwan Semiconductor Manufacturing Co Lt 14.73%
TREASURY NOTE (OTR) 0.55%Tencent Holdings Ltd 3.28%
TREASURY BOND (OLD) 0.42%Alibaba Group Holding Ltd 2.57%
TREASURY NOTE (2OLD) 0.25%Delta Electronics Inc 1.18%
TREASURY BOND (OTR) 0.16%MediaTek Inc 1.07%
BLK CSH FND TREASURY SL AGENCY 0.11%Reliance Industries Ltd 0.90%
TREASURY NOTE (OLD) 0.11%HDFC Bank Ltd 0.81%
TREASURY BOND (2OLD) 0.08%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.

GOVT and VWO on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
GOVT
iShares U.S. Treasury Bond ETF
VWO
Vanguard Emerging Markets Stock Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isU.S. Treasury BondEmerging markets
Total return, 1 year−1.0%+15.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−18.5 pts−1.9 pts
Expense ratio0.05%0.06%
Holdings2166355

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 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, GOVT or VWO?
In the year to Sep 13, 2026, with distributions reinvested, GOVT returned −1.0% and VWO returned +15.6%, so VWO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GOVT or VWO?
GOVT charges 0.05% a year and VWO charges 0.06%, so GOVT is cheaper. Fees come from each fund's prospectus.

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.

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

A comparison is not a recommendation. Standards and sources