Summary
Vanguard Emerging Markets Stock Index Fund Admiral Shares is a mutual fund run by Vanguard. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 5,065. The ten largest make up 30% of the fund.
- Yearly costs
- 0.13%
- Fund size
- $164.7B
- Positions
- 5,065
- Dividend yield
- 2.39%
- Running since
- 2006
What speaks for it
- Costs of 0.13% a year are below the middle of comparable funds (0.40%).
- Widely spread: the ten largest positions make up only 30% of the fund.
- A large fund with $164.7B under management.
- It has been running since 2006.
What to watch
- In the last five years its price once dropped by 37% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.5%
- 3 months
- +0.4%
- This year
- +8.1%
- 1 year
- +7.1%
- 3 years
- +51%
- 5 years
- +11%
- 10 years
- +53%
- Avg. market cap
- $902.0B
- P/E
- 16.2x
- Forward P/E
- 14.2x
- P/S
- 2.5x
- P/B
- 3.1x
- P/FCF
- 14.7x
- EV/EBITDA
- 11.1x
- Dividend yield
- 0.95%
- ROIC
- 20.9%
- ROE
- 27.6%
- Gross margin
- 51.0%
- Operating margin
- 35.5%
- Net margin
- 31.2%
- Payout ratio
- 15.4%
- Net debt/EBITDA
- -0.2x
- Beta
- 0.78
Weighted average of the 50 largest companies, which make up 40% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 16%
- 2 SLCMT1142 3.0%
- 3 07Tencent Holdings Limited 0700.HK 2.8%
- 4 99Alibaba Group Holding Limited 9988.HK 2.1%
- 5 24MediaTek Inc. 2454.TW 1.9%
- 6 MKTLIQ 12/31/2049 1.0%
- 7 23Delta Electronics, Inc. 2308.TW 0.9%
- 8 09China Construction Bank Corporation 0939.HK 0.9%
- 9 23Hon Hai Precision Industry Co., Ltd. 2317.TW 0.8%
- 10 HDHDFC Bank Limited HDFCBANK.NS 0.7%
Positions in the fund: 5,065. The ten largest make up 30% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Technology 32%
- Financials 20%
- Consumer cyclical 9.9%
- Basic materials 7.9%
- Industrials 7.5%
- Other 23%
By country
- China 23%
- India 15%
- Brazil 4.3%
- South Africa 3.0%
- Other countries 55%
By company size
- Mega cap 34%
- Large cap 52%
- Mid cap 13%
- Small cap 0.7%
- Micro cap 0.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 76% of the fund.
Largest sector: Technology (32%). Largest country: China (23%). Largest size group: Large cap (52%).
What does it cost me?
Cheap- A year from $10,000
- $13.00
- Over 20 years
- $649
From every $10,000 invested the fund takes $13.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $649.
How has it done?
Growing slowly- A year on average, 10 years
- +4.3%
- Deepest drop
- -37%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 4.3%. Deepest drop in these years: 37% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.39%
- Payments a year
- 4
- Last payment
- $0.09
Over the last 12 months it paid $1.16 per share, which is 2.39% of today's price. The last payment was $0.09 on Sep 18, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.2
- Average Bulios Score
- 75 out of 100
Weight by Bulios Fair Price
- Undervalued 29%
- Fairly valued 1.7%
- Overvalued 69%
On average the companies inside trade for 16.2 times their yearly profit. By Fair Price, 69% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 40% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
VW VWO Vanguard FTSE Emerging Markets ETF | United States | 0.06% | $164.8B | +6.7% | Pays out | 80% |
VE VEE.TO Vanguard FTSE Emerging Markets All Cap Index ETF | Canada | 0.24% | $3.33B | +7.6% | Pays out | 79% |
VG VGE.AX Vanguard FTSE Emerging Markets Shares ETF | Australia | 0.48% | $1.49B | +1.3% | Pays out | 78% |
VF VFEM.AS Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing | Ireland | 0.17% | $5.90B | +11% | Pays out | 76% |
VF VFEM.DE Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing | Ireland | 0.17% | $5.90B | +12% | Pays out | 76% |
VF VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating | Ireland | 0.17% | $5.90B | +14% | Reinvests | 76% |