VWO vs VWOB: Differences, Returns & Fees
VWO and VWOB hold 0% of their weight in the same names, and VWO returned +12.1% over the year. Net assets on Sep 30, 2026: $125.4bn for Vanguard FTSE Emerging Markets ETF and $6.1bn for Vanguard Emerging Markets Government Bond ETF.
VWO costs 0.09 points a year less; their one-year returns differ by 11.6 points; VWO is far larger, $125.4bn against $6.1bn.
| VWO | VWOB | |
|---|---|---|
| Expense ratio | 0.06% | 0.15% |
| Net assets, as of Sep 30, 2026 | $125.4bn | $6.1bn |
| Total return, 1 year | +12.1% | +0.5% |
| What it tracks | FTSE Emerging Markets All Cap China A Inclusion Index | not read by ETFIQ |
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 28.9% | |
| Below its high | 4.2%, high on Jun 29, 2026 | |
Holdings in common uses holdings dated Aug 31, 2026.
What they hold in common
By the books each fund has filed, VWO and VWOB hold 0% 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 Aug 31, 2026.
half
0% in common
On the same fields
VWO and VWOB on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
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. 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%.
VWOB in plain words
VWOB tracks an index. Over the year to Oct 9, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. It sat 4.2% below its high of Jun 29, 2026 on Oct 9, 2026.
Questions people ask
- Which returned more over the last year, VWO or VWOB?
- In the year to Oct 9, 2026, with distributions reinvested, VWO returned +12.1% and VWOB +0.5%.
- Which is cheaper, VWO or VWOB?
- VWO is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. 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.
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ETFIQ, VWO against VWOB, data as of Oct 9, 2026. https://etfiq.com/compare/any/vwo-vs-vwob
ETFIQ. (Oct 9, 2026). VWO against VWOB. Retrieved from https://etfiq.com/compare/any/vwo-vs-vwob
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