Data as of Oct 28, 2026.

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VGLT vs VWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VGLT returned −6.7% to VWO's +4.8%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $10.4bn for Vanguard Long-Term Treasury ETF and $125.4bn for Vanguard FTSE Emerging Markets ETF.

At a glance
−6.7%
VGLT total return, 1 year
+4.8%
VWO total return, 1 year
0.03%
VGLT expense ratio
0.06%
VWO expense ratio

Pair scorecard

VGLT costs 0.03 points a year less; their one-year returns differ by 11.5 points; VWO is 12.1 times larger.

VGLT vs VWO: Differences, Returns & Fees
MeasureVGLTVWO
Return
Total return, 1 year−6.7%+4.8%
Drawdown
Below its high38.8%, high on Aug 4, 20207.0%, high on Sep 4, 2026
Benchmark
What it tracksBloomberg U.S. Long Treasury IndexFTSE Emerging Markets All Cap China A Inclusion Index
Cost and size
Expense ratio0.03%0.06%
Net assets, as of Sep 30, 2026$10.4bn$125.4bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund29.8%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VGLT VWO
MKTLIQ 0.01% 0.95%
Only in one fund ↓
Only in VGLT
United States Treasury Note/Bond 2.19%
United States Treasury Note/Bond 2.13%
United States Treasury Note/Bond 2.13%
United States Treasury Note/Bond 2.10%
United States Treasury Note/Bond 2.08%
United States Treasury Note/Bond 2.08%
United States Treasury Note/Bond 2.07%
United States Treasury Note/Bond 2.05%
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%
Delta Electronics Inc 0.95%
China Construction Bank Corp 0.91%
Hon Hai Precision Industry Co Ltd 0.80%
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Side by side

VGLT Vanguard Long-Term Treasury ETF VWO Vanguard FTSE Emerging Markets ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Long-term Treasury Tracks an index of Emerging markets
Total return, 1 year −6.7% +4.8%
Its benchmark over the same days −6.7% (SCHQ) not measured
Gap to its benchmark 0.0 pts vs SCHQ not measured
Expense ratio 0.03% 0.06%
Holdings 102 6515
Net assets, as of Sep 30, 2026 $10.4bn $125.4bn

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

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About each fund
VGLT

VGLT tracks an index of Long-term Treasury. Over the year to Oct 28, 2026 it returned −6.7% with distributions reinvested, against −6.7% for its benchmark, the Bloomberg U.S. Long Treasury Index. The prospectus expense ratio is 0.03% a year. It sat 38.8% below its high of Aug 4, 2020 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, VGLT or VWO?
In the year to Oct 28, 2026, with distributions reinvested, VGLT returned −6.7% and VWO +4.8%.
Which is cheaper, VGLT or VWO?
VGLT is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, VGLT against VWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/vglt-vs-vwo

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