Data as of Oct 28, 2026.

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Across categories

IBB vs VWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IBB returned +37.5% to VWO's +4.8%, and VWO charges 0.06% to IBB's 0.44%.

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Net assets: $11.0bn on Oct 27, 2026 for iShares Biotechnology ETF, and $125.4bn on Sep 30, 2026 for Vanguard FTSE Emerging Markets ETF.

At a glance
+37.5%
IBB total return, 1 year
+4.8%
VWO total return, 1 year
0.44%
IBB expense ratio
0.06%
VWO expense ratio

Pair scorecard

VWO costs 0.38 points a year less; their one-year returns differ by 32.7 points; VWO is 11.2 times larger.

IBB vs VWO: Differences, Returns & Fees
MeasureIBBVWO
Return
Total return, 1 year+37.5%+4.8%
Drawdown
Below its high7.0%, high on Sep 4, 2026
Benchmark
What it tracksBiotechFTSE Emerging Markets All Cap China A Inclusion Index
Cost and size
Expense ratio0.44%0.06%
Net assets, as of Sep 30, 2026$11.2bn$125.4bn
Active share vs the S&P 50099%
Holdings
Holdings in common0%
Top ten holdings, share of the fund50%29.8%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, IBB and VWO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IBB VWO
BEONE MEDICINES AG 2.15% 0.19%
ALVOTECH SA 0.06% 0.01%
CHINOOK THERAPEUTICS INC 0.00% 0.01%
Only in one fund ↓
Only in IBB
GILEAD SCIENCES 8.56%
AMGEN INC 8.20%
VERTEX PHARMACEUTICALS 7.53%
REGENERON PHARMACEUTICALS 5.64%
MODERNA 5.29%
NATERA 3.85%
ARGENX SE ADR 3.42%
ILLUMINA INC 2.93%
Only in VWO
Taiwan Semiconductor Manufacturing Co Ltd 15.76%
SLCMT1142 2.96%
Tencent Holdings Ltd 2.82%
Alibaba Group Holding Ltd 2.11%
MediaTek Inc 1.88%
MKTLIQ 0.95%
Delta Electronics Inc 0.95%
China Construction Bank Corp 0.91%
Check overlap with more funds →

Side by side

IBB iShares Biotechnology ETF VWO Vanguard FTSE Emerging Markets ETF
Where it sits Thematic ETF Stock ETF
What it is Biotech Tracks an index of Emerging markets
Total return, 1 year +37.5% +4.8%
Expense ratio 0.44% 0.06%
Already in the S&P 500 40.2% 0.0%
Holdings 245 6515
Net assets, IBB as of Oct 27, 2026 and VWO as of Sep 30, 2026 $11.0bn $125.4bn

IBB and VWO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
IBB

By weight, 40% of IBB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 245 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +37.5% with distributions reinvested.

VWO

VWO tracks an index of Emerging markets. Over the year to Oct 28, 2026 it returned +4.8% 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 6,515 positions, with the top ten at 29.8%. It sat 7.0% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Are IBB and VWO in the same category?
IBB is a thematic ETF and VWO is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IBB or VWO?
In the year to Oct 28, 2026, with distributions reinvested, IBB returned +37.5% and VWO +4.8%.
Which is cheaper, IBB or VWO?
VWO is cheaper, by 0.38 percentage points a year. That is about $38 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IBB and VWO overlap with the S&P 500?
By their latest filed holdings, 40% of IBB and 0% of VWO by weight is stocks the S&P 500 already holds.
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ETFIQ, IBB against VWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/ibb-vs-vwo

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