Data as of Oct 28, 2026.

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VWO vs XOP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VWO returned +4.8% to XOP's +62.5%; 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 $4.6bn on Oct 27, 2026 for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

At a glance
+4.8%
VWO total return, 1 year
+62.5%
XOP total return, 1 year
0.06%
VWO expense ratio
0.35%
XOP expense ratio

Pair scorecard

VWO costs 0.29 points a year less; their one-year returns differ by 57.7 points; VWO is far larger, $125.4bn against $3.6bn.

VWO vs XOP: Differences, Returns & Fees
MeasureVWOXOP
Return
Total return, 1 year+4.8%+62.5%
Drawdown
Below its high7.0%, high on Sep 4, 202624.8%, high on Jun 23, 2014
Benchmark
What it tracksFTSE Emerging Markets All Cap China A Inclusion IndexS&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Expense ratio0.06%0.35%
Net assets, as of Sep 30, 2026$125.4bn$3.6bn
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 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, VWO and XOP 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 XOP
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 XOP
RANGE RESOURCES CORP 3.48%
APA CORP 2.92%
MURPHY OIL CORP 2.89%
OVINTIV INC 2.85%
EOG RESOURCES INC 2.82%
EXXONMOBIL HOLDINGS CORP 2.82%
MARATHON PETROLEUM CORP 2.81%
CONOCOPHILLIPS 2.79%
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Side by side

VWO Vanguard FTSE Emerging Markets ETF XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Emerging markets Tracks the S&P Oil & Gas Exploration & Production
Total return, 1 year +4.8% +62.5%
Expense ratio 0.06% 0.35%
Holdings 6515 52
Net assets, VWO as of Sep 30, 2026 and XOP as of Oct 27, 2026 $125.4bn $4.6bn

VWO and XOP 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.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VWO or XOP?
In the year to Oct 28, 2026, with distributions reinvested, VWO returned +4.8% and XOP +62.5%.
Which is cheaper, VWO or XOP?
VWO is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, VWO against XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/vwo-vs-xop

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