VWO

Vanguard Emerging Markets

Vanguard FTSE Emerging Markets ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index.


8.3%

ALTAR Score™
Trend in ALTAR Score™
Percentile: 52nd

NEUTRAL

Recommendation
Fund Basics
Fund sponsorVanguard
CategoryEmerging Market Equities
Asset classEquity
Websitelink...
Inception dateMar 10, 2005
Assets (mns)$66,303
Expense ratio12 bp
CurrencyUSD
Constituent Breakdown
No. of constituents4136
Herfindahl-Hirschman Index 74
Wgt avg mkt cap (mns)$81,016
Large cap (>$10bn)64.3%
Mid cap ($2-10bn)26.1%
Small cap (<$2bn)8.4%
Developed mkts.7.8%
Emerging mkts.92.1%
Fund Structure
RegulationOpen-End Investment Co
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Smart-betaNo
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
TENCENT HOLDINGS LTD 5.2 %
ALIBABA GROUP HOLDING LTD. SPONSORED ADR 4.0 %
TAIWAN SEMICONDUCTOR MANUFAC 2.2 %
NASPERS LTD-N SHS 2.0 %
TAIWAN SEMICONDUCTOR-SP ADR 1.5 %
CHINA CONSTRUCTION BANK-H 1.4 %
PING AN INSURANCE GROUP CO-H 1.1 %
RELIANCE INDUSTRIES LTD 1.1 %
IND & COMM BK OF CHINA - H 1.1 %
CHINA MOBILE LIMITED 0.9 %
Sector Breakdown
Country Exposure
CHINA 28.4 %
TAIWAN 13.6 %
INDIA 11.0 %
BRAZIL 7.5 %
SOUTH AFRICA 6.8 %
Historical Performance


Standardized Annual Returns (as of 03/31/2019)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
11.8% -7.1% 6.1% 9.9% 3.6% 8.6% 7.3%
Market Correlations
versus...BetaR-squared
S&P 5000.7232%
MSCI EAFE0.9150%
MSCI Emg Mkts1.0093%
Liquidity Measures
Avg. volume (000)15,688
Turnover1.0%
Avg. Bid/Ask (% of price)0.02%
ADV of underlying (mns)$95,844
Technical Indicators
Recent close$43.96
30d moving avg.$42.76
Annualized volatility13.5%
Relative strength (RSI)58
Short interest (ETF)1.1%
Short interest (underlying)0.0%
Distributions
Total Cost of Ownership Detail
  VWO Difference
Fund expenses -- --
Bid/Ask spread -- --
Round-trip commission -- -- --
Total Cost of Ownership -- -- --

Total Cost of Ownership over Time


Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Alternative ETFs

Content on this tab for Individual & Professional subscribers only

Results & Estimates
  2014 2015 2016 2017 2018 2019E 2020E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only

Valuation Metrics
  2018 2019E 2020E
Price-to-sales --x --x --x
Price-to-earnings --x --x --x
Price-to-cash flow --x --x --x
Price-to-growth --x --x --x
Price-to-book value --x --x --x
Yield --% --% --%

Some content on this tab for Individual & Professional subscribers only

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

VWO

8.3%

Cat. Avg

8.2%

Fund Category: Emerging Market Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™8.3%
Recommendation

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

Category Overview
There are 153 funds in the Emerging Market Equities category, with an average ALTAR Score™ of 8.2% and a standard deviation of 2.6%. VWO's ALTAR Score™ is approximately 0.1 standard deviations above the category average. This places VWO in the 52nd percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Breakdown
Composite
VWO
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends

News feed provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.

 
Where to Trade VWO
Commission
on VWO1
# of Commission
-free ETFs2
 
$0.00 2,326
$0.00 2,102
$0.00 291
$1.00 54
$4.95 500
$4.95 357
$4.95 114
$6.95 308
Notes: 1. Commission of $0.00 indicates the fund is on the firm's recently published "Commission Free" list. Non-zero commissions represent each firm's standard commission rate based on our periodic review of firms' websites. Your commission may vary depending on account type and other factors. "Commission Free" ETF trades may be subject to additional requirements including minimum holding periods. 2. Not a complete list. Subject to change.
Portfolio composition files licensed from DTCC. Fundamental data for individual fund constituents sourced from FactSet Research Systems.