Summary
Vanguard Emerging Markets Select Stock Fund 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: 283. The ten largest make up 32% of the fund.
- Yearly costs
- 0.82%
- Fund size
- $1.20B
- Positions
- 283
- Dividend yield
- 2.05%
- Running since
- 2011
What speaks for it
- A large fund with $1.20B under management.
- Average yearly growth over the last ten years: 5.4%.
- It has been running since 2011.
What to watch
- Costs of 0.82% a year are above the middle of comparable funds (0.40%).
- In the last five years its price once dropped by 42% 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
- -3.6%
- 3 months
- -0.1%
- This year
- +12%
- 1 year
- +14%
- 3 years
- +60%
- 5 years
- +12%
- 10 years
- +70%
- Avg. market cap
- $582.2B
- P/E
- 12.7x
- Forward P/E
- 12.7x
- P/S
- 1.7x
- P/B
- 2.1x
- P/FCF
- 12.1x
- EV/EBITDA
- 10.7x
- Dividend yield
- 1.48%
- ROIC
- 16.7%
- ROE
- 28.8%
- Gross margin
- 52.2%
- Operating margin
- 36.3%
- Net margin
- -25.8%
- Payout ratio
- 18.8%
- Net debt/EBITDA
- 0.2x
- Beta
- 0.95
Weighted average of the 50 largest companies, which make up 56% 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 12%
- 2 MKTLIQ 12/31/2049 4.9%
- 3 07Tencent Holdings Limited 0700.HK 2.8%
- 4 00Samsung Electronics Co., Ltd. 005930.KS 2.1%
- 5 99Alibaba Group Holding Limited 9988.HK 1.9%
- 6 24MediaTek Inc. 2454.TW 1.9%
- 7 68Montage Technology Co., Ltd. 688008.SS 1.8%
- 8 40SK Square Co., Ltd. 402340.KS 1.8%
- 9 00SK hynix Inc. 000660.KS 1.7%
- 10 00Samsung Electronics Co., Ltd. 005935.KS 1.5%
Positions in the fund: 283. The ten largest make up 32% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Technology 32%
- Financials 16%
- Consumer cyclical 12%
- Industrials 5.7%
- Communication services 5.5%
- Other 28%
By country
- China 19%
- Brazil 9.0%
- India 7.3%
- Hong Kong SAR China 4.5%
- Other countries 60%
By company size
- Mega cap 30%
- Large cap 55%
- Mid cap 13%
- Small cap 2.7%
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 84% of the fund.
Largest sector: Technology (32%). Largest country: China (19%). Largest size group: Large cap (55%).
What does it cost me?
Expensive- A year from $10,000
- $82.00
- Over 20 years
- $3,851
From every $10,000 invested the fund takes $82.00 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 $3,851.
How has it done?
Growing over the long run- A year on average, 10 years
- +5.4%
- Deepest drop
- -42%
- Yearly volatility
- 19%
Average yearly growth over the last ten years: 5.4%. Deepest drop in these years: 42% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.05%
- Payments a year
- 1
- Last payment
- $0.65
Over the last 12 months it paid $0.65 per share, which is 2.05% of today's price. The last payment was $0.65 on Dec 19, 2025.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 12.7
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 33%
- Fairly valued 6.6%
- Overvalued 60%
On average the companies inside trade for 12.7 times their yearly profit. By Fair Price, 60% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 56% 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 | ||
|---|---|---|---|---|---|---|
EE EEM iShares MSCI Emerging Markets ETF | United States | 0.72% | $29.1B | +16% | Pays out | 40% |
HE HEEM iShares Currency Hedged MSCI Emerging Markets ETF | United States | 1.51% | $283.4M | +16% | Pays out | 40% |
SP SPYM.DE State Street SPDR MSCI Emerging Markets UCITS ETF | Ireland | 0.18% | $2.16B | +25% | Reinvests | 39% |
IQ IQQE.DE iShares MSCI EM UCITS ETF USD (Dist) | Ireland | 0.18% | $11.7B | +22% | Pays out | 39% |
IE IEMM.AS iShares MSCI EM UCITS ETF USD (Dist) | Ireland | 0.18% | $9.61B | +22% | Pays out | 39% |
JR JREM.DE JPMorgan ETFs (Ireland) ICAV - Global Emerging Markets Research Enhanced Index Equity Active UCITS ETF | Ireland | 0.30% | $2.51B | +28% | Reinvests | 39% |
