JHEM vs VWO: Differences, Returns & Fees

JHEM and VWO hold 55% of their weight in the same names, and JHEM returned +27.1% over the year. Net assets: $1.0bn on Jun 30, 2026 for John Hancock Multifactor Emerging Markets ETF, and $125.4bn on Sep 30, 2026 for Vanguard FTSE Emerging Markets ETF.

VWO costs 0.43 points a year less; their one-year returns differ by 15.0 points; VWO is far larger, $151.8bn against $696m.

JHEM vs VWO: Differences, Returns & Fees
JHEMVWO
Expense ratio0.49%0.06%
Net assets, as of Jan 31, 2026$696m$151.8bn
Total return, 1 year+27.1%+12.1%
What it tracksJohn Hancock Dimensional Emerging Markets IndexFTSE Emerging Markets All Cap China A Inclusion Index
Holdings in common55%
Top ten holdings, share of the fund28.2%28.9%
Below its high4.8%, high on Jun 18, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026.

+27.1%
JHEM total return, 1 year
+12.1%
VWO total return, 1 year
0.49%
JHEM expense ratio
0.06%
VWO expense ratio

What they hold in common

By the books each fund has filed, JHEM and VWO hold 55% 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 Jun 30, 2026 and Aug 31, 2026.

half

55% in common

Positions both hold, largest shared weight first
Holding JHEM VWO
Taiwan Semiconductor Manufacturing Company Limited 4.48% 14.73%
Tencent Holdings Limited 2.23% 2.90%
Alibaba Group Holding Limited 1.70% 2.19%
MediaTek Inc. 2.38% 1.47%
China Construction Bank Corporation 0.81% 0.86%
Hon Hai Precision Industry Co. Ltd. 1.07% 0.78%
Reliance Industries Limited 0.77% 0.73%
HDFC Bank Limited 0.70% 0.68%
ICICI Bank Limited 0.67% 0.65%
Delta Electronics Inc. 0.65% 0.90%
PDD Holdings Inc. 0.67% 0.52%
Industrial and Commercial Bank of China Limited 0.52% 0.62%
Only in JHEM
SK hynix Inc. 7.71%
Samsung Electronics Co. Ltd. 5.88%
Samsung Electro-Mechanics Co. Ltd. 0.76%
Kia Corporation 0.46%
Lenovo Group Limited 0.46%
Hyundai Motor Company 0.44%
KB Financial Group Inc. 0.41%
Delta Electronics (Thailand) Public Company Limited 0.37%
Only in VWO
SLCMT1142 3.18%
MKTLIQ 1.21%
Xiaomi Corp 0.49%
Saudi Arabian Oil Co 0.33%
OTP Bank Nyrt 0.26%
Kuwait Finance House KSCP 0.25%
National Bank of Kuwait SAKP 0.20%
First Abu Dhabi Bank PJSC 0.19%

Check overlap with more funds →

On the same fields

JHEM
John Hancock Multifactor Emerging Markets ETF
VWO
Vanguard FTSE Emerging Markets ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of Emerging markets
Total return, 1 year +27.1% +12.1%
Expense ratio 0.49% 0.06%
Already in the S&P 500 0.0% 0.0%
Holdings 953 6356
Net assets, JHEM as of Jun 30, 2026 and VWO as of Sep 30, 2026 $1.0bn $125.4bn

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

About JHEM

JHEM tracks an index. Over the year to Oct 9, 2026 it returned +27.1% with distributions reinvested. 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 953 positions, with the top ten at 28.2%. It sat 4.8% below its high of Jun 18, 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, JHEM or VWO?
In the year to Oct 9, 2026, with distributions reinvested, JHEM returned +27.1% and VWO +12.1%.
Which is cheaper, JHEM 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 JHEM and VWO overlap with the S&P 500?
By their latest filed holdings, 0% of JHEM and 0% of VWO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

Open data

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