VWO vs IEMG
Comparison between VANGUARD EMERGING MARKETS STOCK INDEX FUND ETF SHARES (VWO, ETF) and ISHARES CORE MSCI EMERGING MARKETS ETF (IEMG, ETF).
5-Year PerformanceIEMG has outperformed VWO, delivering a return of +7.3% compared to +5.2%
VWO vs IEMG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
VWO
$163B
IEMG
$162B
Expense Ratio
Winner
VWO
0.06%
IEMG
0.09%
Max Drawdown
VWO
68.28%
Winner
IEMG
42.22%
Sharpe Ratio
VWO
1.33
Winner
IEMG
1.62
5Y Beta
Winner
VWO
0.73
IEMG
0.84
5Y Dividends CAGR
Winner
VWO
9.54%
IEMG
8.99%
VWO vs IEMG - Holdings Comparison
VWO and IEMG have 5 common holdings. Overlap is 1.22%
VWO's top 25 holdings weight is 1.68%. IEMG's top 25 holdings weight is 34.77%.
| Rank | VWO | IEMG |
|---|---|---|
| #1 | PDD HOLDINGS INC ADR (PDD) - 0.79% | n/a (n/a) - 10.20% |
| #2 | YUM CHINA HOLDINGS INC (YUMC) - 0.20% | TENCENT HOLDINGS LTD (n/a) - 4.40% |
| #3 | ANGLOGOLD ASHANTI PLC (AU) - 0.13% | n/a (n/a) - 2.99% |
| #4 | KE HOLDINGS INC ADR (BEKE) - 0.13% | SAMSUNG ELECTRONICS CO LTD (n/a) - 2.86% |
| #5 | TENCENT MUSIC ENTERTAINMENT GROUP ADR (TME) - 0.10% | SK HYNIX INC (n/a) - 1.57% |
| #6 | FULL TRUCK ALLIANCE CO LTD ADR (YMM) - 0.09% | HDFC BANK LTD (n/a) - 1.14% |
| #7 | KANZHUN LTD ADR (BZ) - 0.06% | XIAOMI CORP CLASS B (n/a) - 0.89% |
| #8 | ITAU UNIBANCO HOLDING SA ADR (ITUB) - 0.05% | RELIANCE INDUSTRIES LTD (n/a) - 0.86% |
| #9 | CHUNGHWA TELECOM CO LTD ADR (CHT) - 0.04% | CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 0.83% |
| #10 | BANCOLOMBIA SA ADR (CIB) - 0.03% | BLACKROCK CASH FUNDS TREASURY SL AGENCY (n/a) - 0.81% |
| #11 | DR REDDY'S LABORATORIES LTD ADR (RDY) - 0.03% | HON HAI PRECISION INDUSTRY CO LTD (n/a) - 0.81% |
| #12 | STATE BANK OF INDIA DR (SBKFF) - 0.03% | PDD HOLDINGS INC ADR (PDD) - 0.80% |
| #13 | N/A | ICICI BANK LTD (n/a) - 0.76% |
| #14 | N/A | MEDIATEK INC (n/a) - 0.58% |
| #15 | N/A | DELTA ELECTRONICS INC (n/a) - 0.55% |
| #16 | N/A | MEITUAN CLASS B (n/a) - 0.53% |
| #17 | N/A | BHARTI AIRTEL LTD (n/a) - 0.52% |
| #18 | N/A | AL RAJHI BANK (n/a) - 0.50% |
| #19 | N/A | INFOSYS LTD (n/a) - 0.48% |
| #20 | N/A | NASPERS LTD CLASS N (n/a) - 0.47% |
| #21 | N/A | n/a (n/a) - 0.45% |
| #22 | N/A | NU HOLDINGS LTD ORDINARY SHARES CLASS A (NU) - 0.45% |
| #23 | N/A | n/a (n/a) - 0.45% |
| #24 | N/A | NETEASE INC ORDINARY SHARES (n/a) - 0.44% |
| #25 | N/A | BYD CO LTD CLASS H (n/a) - 0.43% |
| Total Holdings | 12 | 2350 |
VWO vs IEMG - Historical Returns
Returns include dividend reinvestment.
1M
VWO
+0.76%
Winner
IEMG
+1.72%
3M
VWO
+10.46%
Winner
IEMG
+16.31%
6M
VWO
+10.67%
Winner
IEMG
+22.61%
1Y
VWO
+27.00%
Winner
IEMG
+43.65%
5Y(CAGR)
VWO
+5.25%
Winner
IEMG
+7.26%
10Y(CAGR)
VWO
+8.34%
Winner
IEMG
+9.72%
Max(CAGR)
Winner
VWO
+7.17%
IEMG
+6.57%
VWO vs IEMG - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | VWO | IEMG |
|---|---|---|
| 2026 | +8.19% | +18.77% |
| 2025 | +25.92% | +32.79% |
| 2024 | +11.89% | +7.85% |
| 2023 | +8.10% | +10.69% |
| 2022 | -18.57% | -20.43% |
| 2021 | +0.83% | -1.40% |
| 2020 | +12.51% | +15.50% |
| 2019 | +20.22% | +17.52% |
| 2018 | -16.21% | -16.54% |
| 2017 | +30.06% | +35.93% |
| 2016 | +15.49% | +13.16% |
| 2015 | -14.83% | -13.50% |
| 2014 | +3.56% | +0.05% |
| 2013 | -6.87% | -4.74% |
| 2012 | +15.81% | +8.51% |
| 2011 | -19.55% | N/A |
| 2010 | +15.52% | N/A |
| 2009 | +67.34% | N/A |
| 2008 | -52.35% | N/A |
| 2007 | +38.84% | N/A |
| 2006 | +27.38% | N/A |
| 2005 | +25.70% | N/A |
VWO vs IEMG Drawdown Comparison
The maximum drawdown for VWO was -67.11%, occurring on Nov 20, 2008. Recovery took 2476 trading sessions.
The maximum drawdown for IEMG was -38.72%, occurring on Mar 23, 2020. Recovery took 707 trading sessions.
The current VWO drawdown is -3.07%. The current IEMG drawdown is -5.44%.
| Rank | VWO | IEMG |
|---|---|---|
| #1 | -67.11% Oct 31, 2007 - Aug 31, 2017 | -38.72% Jan 26, 2018 - Nov 16, 2020 |
| #2 | -36.39% Jan 26, 2018 - Nov 16, 2020 | -37.11% Feb 16, 2021 - Jul 17, 2025 |
| #3 | -34.30% Feb 17, 2021 - Jun 26, 2025 | -34.44% Sep 5, 2014 - Jul 12, 2017 |
| #4 | -25.99% May 9, 2006 - Dec 4, 2006 | -17.50% Jan 2, 2013 - Jun 10, 2014 |
| #5 | -18.05% Jul 23, 2007 - Sep 21, 2007 | -13.21% Feb 25, 2026 - Apr 17, 2026 |
| #6 | -11.61% Feb 22, 2007 - Apr 3, 2007 | -8.57% Jun 2, 2026 - Jun 18, 2026 |
| #7 | -11.17% Feb 25, 2026 - Apr 17, 2026 | -5.44% Jun 22, 2026 - Jun 23, 2026 |
| #8 | -11.00% Sep 30, 2005 - Nov 18, 2005 | -5.40% May 8, 2026 - May 26, 2026 |
| #9 | -9.79% Mar 10, 2005 - Jul 11, 2005 | -5.38% Jan 21, 2021 - Feb 8, 2021 |
| #10 | -6.63% Feb 1, 2006 - Apr 3, 2006 | -5.15% Oct 29, 2025 - Jan 2, 2026 |
| #11 | -5.67% Jun 2, 2026 - Jun 22, 2026 | -4.88% Nov 22, 2017 - Dec 29, 2017 |
| #12 | -5.39% Jan 3, 2007 - Jan 24, 2007 | -4.48% Oct 8, 2025 - Oct 20, 2025 |
| #13 | -4.98% Jan 21, 2021 - Feb 5, 2021 | -4.14% Nov 6, 2012 - Dec 5, 2012 |
| #14 | -4.95% Oct 18, 2007 - Oct 26, 2007 | -3.74% Jul 28, 2014 - Aug 19, 2014 |
| #15 | -4.84% Oct 29, 2025 - Jan 2, 2026 | -3.47% Jan 28, 2026 - Feb 11, 2026 |
Correlation
Correlation between VWO and IEMG is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.
0.99
-101
Dividend Comparison (2005 - 2026)
VWO vs IEMG dividend yield comparison.
| Year | VWO | IEMG |
|---|---|---|
| 2026 | 0.12% | 0.81% |
| 2025 | 2.79% | 2.75% |
| 2024 | 3.20% | 3.20% |
| 2023 | 3.52% | 2.89% |
| 2022 | 4.11% | 2.71% |
| 2021 | 2.63% | 3.06% |
| 2020 | 1.91% | 1.87% |
| 2019 | 3.23% | 3.15% |
| 2018 | 2.88% | 2.76% |
| 2017 | 2.30% | 2.35% |
| 2016 | 2.52% | 2.28% |
| 2015 | 3.26% | 2.53% |
| 2014 | 2.86% | 2.30% |
| 2013 | 2.73% | 1.76% |
| 2012 | 2.19% | 0.23% |
| 2011 | 2.37% | 0.00% |
| 2010 | 1.69% | 0.00% |
| 2009 | 1.33% | 0.00% |
| 2008 | 5.00% | 0.00% |
| 2007 | 3.78% | 0.00% |
| 2006 | 3.46% | 0.00% |
| 2005 | 3.54% | 0.00% |
Select Stocks to Compare
Popular: VWO vs SPYIEMG vs SPY
More Comparisons
Compare with similar stocks
Compare VWO with:
Compare IEMG with:
Popular suggestions:
VWO vs SPEM
VANGUARD EMERGING MARKETS STOCK INDEX FUND ETF SHARES vs STATE STREET(R) SPDR(R) PORTFOLIO EMERGING MARKETS ETF
EEM vs VWO
ISHARES MSCI EMERGING MARKETS ETF vs VANGUARD EMERGING MARKETS STOCK INDEX FUND ETF SHARES
IEMG vs VWO
ISHARES CORE MSCI EMERGING MARKETS ETF vs VANGUARD EMERGING MARKETS STOCK INDEX FUND ETF SHARES
IEMG vs EEM
ISHARES CORE MSCI EMERGING MARKETS ETF vs ISHARES MSCI EMERGING MARKETS ETF
INQQ vs VWO
INQQ THE INDIA INTERNET ETF vs VANGUARD EMERGING MARKETS STOCK INDEX FUND ETF SHARES
VWO vs VOO
VANGUARD EMERGING MARKETS STOCK INDEX FUND ETF SHARES vs VANGUARD 500 INDEX FUND ETF SHARES