Data as of Oct 28, 2026.
VBK vs VWO: Differences, Returns & Fees
Over the year to Oct 28, 2026, VBK returned +10.3% to VWO's +4.8%; 2% of their weight is in the same names.
askIQ about this page
askIQ about VBK and VWO
Net assets on Sep 30, 2026: $22.8bn for Vanguard Morningstar Small-Cap Growth ETF and $125.4bn for Vanguard FTSE Emerging Markets ETF.
Pair scorecard
VBK costs 0.01 points a year less; their one-year returns differ by 5.5 points; VWO is 5.5 times larger.
| Measure | VBK | VWO |
|---|---|---|
| Return | ||
| Total return, 1 year | +10.3% | +4.8% |
| Drawdown | ||
| Below its high | 8.0%, high on Aug 17, 2026 | 7.0%, high on Sep 4, 2026 |
| Benchmark | ||
| What it tracks | Morningstar US Small Cap Growth Index | FTSE Emerging Markets All Cap China A Inclusion Index |
| Cost and size | ||
| Expense ratio | 0.05% | 0.06% |
| Net assets, as of Sep 30, 2026 | $22.8bn | $125.4bn |
| Holdings | ||
| Holdings in common | 2% | |
| Top ten holdings, share of the fund | 12.2% | 29.8% |
Holdings in common uses holdings dated Sep 30, 2026. Method
What they share
By the books each fund has filed, VBK and VWO hold 2% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.
half
2% in common
Only in one fund ↓
Side by side
VBK and VWO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
VBK
VBK tracks an index of Small-Cap Growth. Over the year to Oct 28, 2026 it returned +10.3% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 554 positions, with the top ten at 12.2%. It sat 8.0% below its high of Aug 17, 2026 on Oct 28, 2026.
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
- Which returned more over the last year, VBK or VWO?
- In the year to Oct 28, 2026, with distributions reinvested, VBK returned +10.3% and VWO +4.8%.
- Which is cheaper, VBK or VWO?
- VBK is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, VBK against VWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/vbk-vs-vwo
ETFIQ. (Oct 28, 2026). VBK against VWO. Retrieved from https://etfiq.com/compare/any/vbk-vs-vwo
[VBK against VWO (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/vbk-vs-vwo)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.