Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
VWO vs VYM: how they differ
VWO and VYM hold 0% of their weight in the same names, and VYM returned more over the year.
Vanguard Emerging Markets Stock Index Fund and Vanguard High Dividend Yield Index Fund.
What they hold in common
By the books each fund has filed, VWO and VYM hold 0% of their money in the same securities at the same weight.
| Only in VWO | Only in VYM |
|---|---|
| Taiwan Semiconductor Manufacturing Co Lt 14.73% | Broadcom Inc 8.07% |
| Tencent Holdings Ltd 3.28% | JPMorgan Chase & Co 3.36% |
| Alibaba Group Holding Ltd 2.57% | Exxon Mobil Corp 2.73% |
| Delta Electronics Inc 1.18% | Johnson & Johnson 2.31% |
| MediaTek Inc 1.07% | Caterpillar Inc 1.73% |
| Reliance Industries Ltd 0.90% | AbbVie Inc 1.57% |
| HDFC Bank Ltd 0.81% | Cisco Systems Inc 1.52% |
| Hon Hai Precision Industry Co Ltd 0.75% | Chevron Corp 1.51% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.
| VWO Vanguard Emerging Markets Stock Index Fund | VYM Vanguard High Dividend Yield Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Emerging markets | US high dividend |
| Total return, 1 year | +15.6% | +17.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −1.9 pts | +0.1 pts |
| Expense ratio | 0.06% | 0.04% |
| Already in the S&P 500 | 0.0% | 92.2% |
| Holdings | 6355 | 608 |
VWO in plain words
VWO is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +15.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 6355 positions, with the top ten at 26.8%.
VYM in plain words
VYM is an index equity fund tracking the US high dividend. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 608 positions, with the top ten at 25.7%.
Questions people ask
- Which returned more over the last year, VWO or VYM?
- In the year to Sep 13, 2026, with distributions reinvested, VWO returned +15.6% and VYM returned +17.6%, so VYM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VWO or VYM?
- VWO charges 0.06% a year and VYM charges 0.04%, so VYM is cheaper. Fees come from each fund's prospectus.
- How much do VWO and VYM overlap with the S&P 500?
- By their latest filed holdings, 0% of VWO and 92% of VYM by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VWO against VYM, data as of Sep 13, 2026. https://etfiq.com/compare/any/vwo-vs-vym Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources