Summary
Vanguard Emerging Markets Ex-China ETF is an ETF - a fund traded on an exchange like a stock - run by Vanguard. Positions inside: 1,013. The ten largest make up 35% of the fund.
- Yearly costs
- 0.07%
- Fund size
- $275.8M
- Positions
- 1,013
- Dividend yield
- 1.30%
- Running since
- 2025
What speaks for it
- Costs of 0.07% a year are below the middle of comparable funds (0.44%).
What to watch
- A young fund: it has been running only since 2025.
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
- -3.8%
- 3 months
- +1.1%
- This year
- +18%
- 1 year
- +21%
- Avg. market cap
- $1.03T
- P/E
- 20.7x
- Forward P/E
- 19.0x
- P/S
- 3.6x
- P/B
- 4.6x
- P/FCF
- 26.2x
- EV/EBITDA
- 13.9x
- Dividend yield
- 1.08%
- ROIC
- 23.2%
- ROE
- 32.0%
- Gross margin
- 52.1%
- Operating margin
- 39.3%
- Net margin
- 34.3%
- Payout ratio
- 22.4%
- Net debt/EBITDA
- -0.3x
- Beta
- 1.14
Weighted average of the 50 largest companies, which make up 52% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 24%
- 2 24MediaTek Inc. 2454.TW 2.9%
- 3 23Delta Electronics, Inc. 2308.TW 1.5%
- 4 23Hon Hai Precision Industry Co., Ltd. 2317.TW 1.2%
- 5 HDHDFC Bank Limited HDFCBANK.NS 1.1%
- 6 REReliance Industries Limited RELIANCE.BO 1.1%
- 7 37ASE Technology Holding Co., Ltd. 3711.TW 0.9%
- 8 ICICICI Bank Limited ICICIBANK.NS 0.9%
- 9 BHBharti Airtel Limited BHARTIARTL.BO 0.7%
- 10 Indian Rupee 0.7%
Positions in the fund: 1,013. The ten largest make up 35% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- India 20%
- Brazil 6.1%
- South Africa 4.2%
- Saudi Arabia 4.2%
- Other countries 65%
By company size
- Mega cap 31%
- Large cap 53%
- Mid cap 14%
- Small cap 1.4%
- Micro cap 0.3%
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 88% of the fund.
Largest country: India (20%). Largest size group: Large cap (53%).
What does it cost me?
Cheap- A year from $10,000
- $7.00
- Over 20 years
- $352
From every $10,000 invested the fund takes $7.00 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 $352.
How has it done?
Growing over the long run- Over the last year
- +21%
- Deepest drop
- -13%
- Yearly volatility
- 19%
Growth over the last year: 21%. Deepest drop in these years: 13% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.30%
- Last payment
- $0.54
Over the last 12 months it paid $1.20 per share, which is 1.30% of today's price. The last payment was $0.54 on Sep 18, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $2.12M
- Shares a day
- 23K
On an average day about $2.12M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 20.7
- Average Bulios Score
- 77 out of 100
Weight by Bulios Fair Price
- Undervalued 20%
- Fairly valued 4.1%
- Overvalued 76%
On average the companies inside trade for 20.7 times their yearly profit. By Fair Price, 76% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 52% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
VF VFEM.AS Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing | Ireland | 0.17% | $5.90B | +10% | Pays out | 65% |
VF VFEM.DE Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing | Ireland | 0.17% | $5.90B | +10% | Pays out | 65% |
VF VFEA.DE Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating | Ireland | 0.17% | $5.90B | +13% | Reinvests | 65% |
EM EMXC iShares MSCI Emerging Markets ex China ETF | United States | 0.25% | $24.5B | +33% | Pays out | 64% |
IX IXSRF iShares MSCI EM ex-China UCITS ETF | Ireland | 0.18% | $5.24B | +37% | Reinvests | 59% |
EX EXCH.AS iShares MSCI EM ex-China UCITS ETF | Ireland | 0.18% | $5.25B | +36% | Reinvests | 59% |