VWOvsSCHEETF Comparison
VS
Vanguard FTSE Emerging Markets ETF (VWO) belongs to the EM Blended Cap segment. Schwab Emerging Markets Equity ETF (SCHE) is part of the EM Large & Mid Cap segment. VWO's top 3 sector exposures are Technology, Finance and Non-Energy Materials. In contrast, SCHE's top sector exposures are Technology, Finance and Consumer Non-Cyclicals. Both VWO and SCHE have the same Total Expense Ratio (TER) of 0.06%. VWO is up 10.36% year-to-date (YTD) with +$5.15B in YTD flows. SCHE performs worse with 9.83% YTD performance, and -$55M in YTD flows. Run a side-by-side ETF comparison of VWO and SCHE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
VWO vs SCHE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/08/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VWO SCHE | +1.49%+1.87% | +4.80%+4.73% | +10.36%+9.83% | +22.49%+22.44% | +59.95%+61.55% | +32.79%+32.73% |
| Flows | VWO SCHE | +$875M-$14M | +$1.14B-$14M | +$5.15B-$55M | +$11.19B+$243M | +$13.99B+$126M | +$25.05B+$1.45B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VWO SCHE | +18.55%+16.50% | +15.55%+15.27% | +14.40%+14.47% | +15.38%+15.51% |
| Max drawdown | VWO SCHE | -5.74%-4.73% | -11.04%-10.67% | -15.75%-14.57% | -30.69%-31.54% |
| Max drawdown duration | VWO SCHE | 36d36d | 50d57d | 240d223d | 1169d1174d |
Trading data
VWO | SCHE | |
Last sale 7/9/2026 at 3:03 PM | $59.53 | $36.30 |
| Previous close 07/08/2026 | $59.17 | $36.01 |
| Consolidated volume 07/08/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
VWO | SCHE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/9/2026 at 3:03 PM
Live
Closed
VWO | SCHE | |
|---|---|---|
| Last price | $59.53 | $36.30 |
| 1D performance | +0.61% | +0.81% |
| AuM | $121.40 B | $12.55 B |
| E/R | 0.06% | 0.06% |
Characteristics
VWO | SCHE | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | Schwab ETFs |
| Benchmark | FTSE Emerging Markets All Cap China A Inclusion Index | FTSE Emerging Index |
| N° of holdings | 4572 | 1324 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 4, 2005 | January 14, 2010 |
| ESG | No | No |
Advertisement
Exposure
Countries
VWO
Taiwan
30.91%
China
23.31%
India
15.16%
Other
30.63%
SCHE
China
25.66%
Taiwan
24.42%
India
18.19%
Other
31.74%
Sectors
VWO
Technology
33.88%
Finance
20.18%
Non-Energy Materi.
8.72%
Consumer Non-Cycl.
7.08%
Other
30.14%
SCHE
Technology
30.27%
Finance
25.39%
Consumer Non-Cycl.
8.81%
Non-Energy Materi.
8.51%
Other
27.02%
Diversification
VWO
Total weight of top 15 holdings out of 15
28.71%
SCHE
Total weight of top 15 holdings out of 15
36.17%
Top 15 holdings
Data as of May 31, 2026
VWO
Taiwan Semiconductor Manufacturing Co., Ltd.
14.62%
Tencent Holdings Ltd.
2.73%
Alibaba Group Holding Ltd.
2.25%
MediaTek, Inc.
1.62%
Delta Electronics, Inc.
1.20%
Hon Hai Precision Industry Co., Ltd.
0.90%
Reliance Industries Ltd.
0.77%
China Construction Bank Corp.
0.77%
HDFC Bank Ltd.
0.72%
ICICI Bank Ltd.
0.57%
Industrial & Commercial Bank of China Ltd.
0.55%
PDD Holdings, Inc.
0.52%
ASE Technology Holding Co., Ltd.
0.51%
Xiaomi Corp.
0.50%
Vale SA
0.48%
SCHE
Taiwan Semiconductor Manufacturing Co., Ltd.
19.04%
Tencent Holdings Ltd.
3.89%
Alibaba Group Holding Ltd.
3.27%
China Construction Bank Corp.
1.09%
Hon Hai Precision Industry Co., Ltd.
1.09%
Reliance Industries Ltd.
1.08%
HDFC Bank Ltd.
1.04%
PDD Holdings, Inc.
0.82%
ICICI Bank Ltd.
0.79%
Industrial & Commercial Bank of China Ltd.
0.77%
Xiaomi Corp.
0.73%
Vale SA
0.67%
Bharti Airtel Ltd.
0.65%
ASE Technology Holding Co., Ltd.
0.64%
Meituan
0.60%
Frequently asked questions about VWO and SCHE
How have the VWO and SCHE ETFs performed in 2026?
As of July 8, 2026, VWO is up 10.36% year-to-date (YTD), while SCHE has returned 9.83%. That puts VWO better performer ahead so far this year.
Which ETF is attracting more investor money: VWO or SCHE?
Year-to-date, the VWO ETF saw +$5.15B in flows, compared to -$55M for SCHE.
Which ETF is more volatile: VWO or SCHE?
Over the past year, VWO had a volatility of 15.55%, while SCHE experienced 15.27%.
Which ETF is bigger: VWO or SCHE?
As of July 8, 2026, VWO holds $121.40 B in assets under management (AUM), while SCHE manages $12.55 B.
What sectors do the VWO and SCHE ETFs invest in?
VWO leans toward sectors like Technology, Finance and Non-Energy Materials. Meanwhile, SCHE focuses on Technology, Finance and Consumer Non-Cyclicals.
What are the top holdings of the VWO ETF and SCHE ETF?
VWO top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Tencent Holdings Ltd. and Alibaba Group Holding Ltd.. SCHE holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Tencent Holdings Ltd. and Alibaba Group Holding Ltd..
Which ETF is more diversified: VWO or SCHE?
VWO holds 4950 securities with 28.71% of its assets in the top 15. SCHE has 1393 securities and a top 15 weight of 36.17%.
Advertisement
Latest news about VWO & SCHE
There's an ETF for That? Emerging Markets Without China
June 25, 2026
VWO
ETF Comparison: Vanguard FTSE Emerging Markets ETF (VWO) Versus iShares Core MSCI Emerging Markets ETF (IEMG)
May 26, 2026
VWO
Investing in international ETFs: A primer
September 1, 2022
VWO
Advertisement
Advertisement
