Data as of Oct 28, 2026.

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VWO vs XLK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VWO returned +4.8% to XLK's +27.1%; 0% of their weight is in the same names.

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Net assets: $125.4bn on Sep 30, 2026 for Vanguard FTSE Emerging Markets ETF, and $125.0bn on Oct 27, 2026 for State Street Technology Select Sector SPDR ETF.

At a glance
+4.8%
VWO total return, 1 year
+27.1%
XLK total return, 1 year
0.06%
VWO expense ratio
0.08%
XLK expense ratio

Pair scorecard

VWO costs 0.02 points a year less; their one-year returns differ by 22.3 points.

VWO vs XLK: Differences, Returns & Fees
MeasureVWOXLK
Return
Total return, 1 year+4.8%+27.1%
Drawdown
Below its high7.0%, high on Sep 4, 20265.4%, high on Oct 6, 2026
Benchmark
What it tracksFTSE Emerging Markets All Cap China A Inclusion IndexTechnology Select Sector Index
Cost and size
Expense ratio0.06%0.08%
Net assets, as of Sep 30, 2026$125.4bn$127.3bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund29.8%64.6%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, VWO and XLK hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VWO XLK
PLDT Inc 0.01% 0.38%
Only in one fund ↓
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%
MKTLIQ 0.95%
Delta Electronics Inc 0.95%
China Construction Bank Corp 0.91%
Only in XLK
NVIDIA CORP 15.22%
APPLE INC 14.62%
MICROSOFT CORP 11.38%
ADVANCED MICRO DEVICES 4.78%
BROADCOM INC 4.70%
MICRON TECHNOLOGY INC 4.02%
INTEL CORP 2.72%
PALANTIR TECHNOLOGIES INC A 2.67%
Check overlap with more funds →

Side by side

VWO Vanguard FTSE Emerging Markets ETF XLK State Street Technology Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Emerging markets Tracks an index of Technology
Total return, 1 year +4.8% +27.1%
Its benchmark over the same days not measured +13.6% (SPY)
Gap to its benchmark not measured +13.5 pts vs SPY
Expense ratio 0.06% 0.08%
Already in the S&P 500 0.0% 99.9%
Holdings 6515 76
Net assets, VWO as of Sep 30, 2026 and XLK as of Oct 27, 2026 $125.4bn $125.0bn

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

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About each fund
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.

XLK

XLK tracks an index of Technology. Over the year to Oct 28, 2026 it returned +27.1% with distributions reinvested, against +13.6% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 76 positions, with the top ten at 64.6%. It sat 5.4% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VWO or XLK?
In the year to Oct 28, 2026, with distributions reinvested, VWO returned +4.8% and XLK +27.1%.
Which is cheaper, VWO or XLK?
VWO is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VWO and XLK overlap with the S&P 500?
By their latest filed holdings, 0% of VWO and 100% of XLK by weight is stocks the S&P 500 already holds.
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ETFIQ, VWO against XLK, data as of Oct 28, 2026. https://etfiq.com/compare/any/vwo-vs-xlk

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