SCHE vs VWO: Differences, Returns & Fees

SCHE and VWO hold 81% of their weight in the same names. Net assets: $12.7bn on May 31, 2026 for Schwab Emerging Markets Equity ETF, and $125.4bn on Sep 30, 2026 for Vanguard FTSE Emerging Markets ETF.

Both cost 0.06% a year; their one-year returns differ by 0.5 points.

Points (pts) are percentage points.

SCHEVWO
Expense ratio0.06%0.06%
Net assets, SCHE as of May 31, 2026 and VWO as of Sep 30, 2026$12.7bn$125.4bn
Total return, 1 year+12.6%+12.1%
What it tracksFTSE Emerging IndexFTSE Emerging Markets All Cap China A Inclusion Index
Holdings in common81%
Top ten holdings, share of the fund30.3%28.9%

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

+12.6%
SCHE total return, 1 year
+12.1%
VWO total return, 1 year
0.06%
SCHE expense ratio
0.06%
VWO expense ratio

What they hold in common

By the books each fund has filed, SCHE and VWO hold 81% 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 May 31, 2026 and Aug 31, 2026.

half

81% in common

Positions both hold, largest shared weight first
Holding SCHE VWO
Taiwan Semiconductor Manufacturing Co Ltd 17.05% 14.73%
Tencent Holdings Ltd 3.15% 2.90%
Alibaba Group Holding Ltd 2.57% 2.19%
MediaTek Inc 1.88% 1.47%
Delta Electronics Inc 1.40% 0.90%
China Construction Bank Corp 0.88% 0.86%
Hon Hai Precision Industry Co Ltd 1.04% 0.78%
Reliance Industries Ltd 0.88% 0.73%
HDFC Bank Ltd 0.83% 0.68%
ICICI Bank Ltd 0.65% 0.65%
Industrial & Commercial Bank of China Ltd 0.63% 0.62%
PDD Holdings Inc 0.60% 0.52%
Only in SCHE
Delta Electronics Thailand PCL 0.29%
Itausa SA 0.14%
PTT PCL 0.12%
Advanced Info Service PCL 0.10%
Gulf Development PCL 0.07%
CP ALL PCL 0.07%
Commercial International Bank Egypt SAE 0.07%
Airports of Thailand PCL 0.06%
Only in VWO
SLCMT1142 3.18%
MKTLIQ 1.21%
DELTA ELECTRONICS THAI-FORGN 0.17%
PTT PCL/FOREIGN 0.12%
ITAUSA SA - PREFERRED SHARES 0.12%
Taiwan Union Technology Corp 0.09%
KASIKORNBANK PCL-FOREIGN 0.09%
ADVANCED INFO SERVICE-FOREIG 0.08%

Check overlap with more funds →

On the same fields

SCHE
Schwab Emerging Markets Equity 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 +12.6% +12.1%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −4.7 pts −5.1 pts
Expense ratio 0.06% 0.06%
Already in the S&P 500 0.0% 0.0%
Holdings 2178 6356
Net assets, SCHE as of May 31, 2026 and VWO as of Sep 30, 2026 $12.7bn $125.4bn

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

SCHE in plain words

SCHE tracks an index. Over the year to Oct 9, 2026 it returned +12.6% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,178 positions, with the top ten at 30.3%.

VWO in plain words

VWO tracks an index of Emerging markets. Over the year to Oct 9, 2026 it returned +12.1% with distributions reinvested, against +17.3% for the S&P 500. 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, SCHE or VWO?
In the year to Oct 9, 2026, with distributions reinvested, SCHE returned +12.6% and VWO +12.1%.
Which is cheaper, SCHE or VWO?
Neither: SCHE and VWO both charge 0.06% a year. Fees come from each fund's prospectus.
How much do SCHE and VWO overlap with the S&P 500?
By their latest filed holdings, 0% of SCHE and 0% of VWO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

Open data

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