XCNYvsVWOETF Comparison
ETF 1
XCNY
State Street SPDR S&P Emerging Markets ex-China ETF
This fund is part of
EM Blended Cap
-1.24%
VS
State Street SPDR S&P Emerging Markets ex-China ETF (XCNY) and Vanguard FTSE Emerging Markets ETF (VWO) belong to the same industry segment: EM Blended Cap. Both ETFs have the same top 3 sector exposures: Technology, Finance and Non-Energy Materials. XCNY is more expensive with a Total Expense Ratio (TER) of 0.19%, versus 0.06% for VWO. XCNY is up 19.4% year-to-date (YTD) with +$3M in YTD flows. VWO performs worse with 8.48% YTD performance, and +$8.68B in YTD flows. Run a side-by-side ETF comparison of XCNY and VWO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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XCNY vs VWO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XCNY VWO | -0.03%-1.76% | +0.99%-1.22% | +19.40%+8.48% | +21.66%+9.09% | n/a+60.43% | n/a+30.29% |
| Flows | XCNY VWO | -+$400M | -+$2.72B | +$3M+$8.68B | +$3M+$12.40B | -+$17.72B | -+$27.05B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XCNY VWO | +16.39%+13.79% | +17.00%+15.98% | n/a+14.49% | n/a+15.23% |
| Max drawdown | XCNY VWO | -5.46%-5.10% | -11.42%-11.04% | n/a-15.75% | n/a-29.92% |
| Max drawdown duration | XCNY VWO | 19d24d | 54d50d | n/a240d | n/a1071d |
Trading data
XCNY | VWO | |
Last sale 10/16/2026 at 1:30 PM | $32.96 | $58.03 |
| Previous close 10/15/2026 | $33.38 | $58.79 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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XCNY | VWO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
XCNY | VWO | |
|---|---|---|
| Last price | $32.96 | $58.03 |
| 1D performance | -1.27% | -1.29% |
| AuM | $9.96 M | $122.57 B |
| E/R | 0.19% | 0.06% |
Characteristics
XCNY | VWO | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | Vanguard |
| Benchmark | S&P Emerging ex-China BMI Index | FTSE Emerging Markets All Cap China A Inclusion Index |
| N° of holdings | 1184 | 4589 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 4, 2024 | March 4, 2005 |
| ESG | No | No |
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Exposure
Countries
XCNY
Taiwan
42.89%
India
20.94%
Other
36.17%
VWO
Taiwan
31.08%
China
22.97%
India
15.69%
Other
30.25%
Sectors
XCNY
Technology
37.93%
Finance
23.61%
Non-Energy Materi.
9.39%
Other
29.08%
VWO
Technology
33.04%
Finance
21.34%
Non-Energy Materi.
9.05%
Other
36.57%
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Diversification
XCNY
Total weight of top 15 holdings out of 15
32.61%
VWO
Total weight of top 15 holdings out of 15
28.36%
Top 15 holdings
Data as of August 31, 2026
XCNY
Taiwan Semiconductor Manufacturing Co., Ltd.
19.56%
MediaTek, Inc.
2.46%
Delta Electronics, Inc.
1.73%
Hon Hai Precision Industry Co., Ltd.
1.09%
Reliance Industries Ltd.
0.99%
ASE Technology Holding Co., Ltd.
0.91%
HDFC Bank Ltd.
0.91%
ICICI Bank Ltd.
0.86%
Accton Technology Corp.
0.64%
Unimicron Technology Corp.
0.63%
Al Rajhi Bank
0.59%
Vale SA
0.57%
United Microelectronics Corp.
0.56%
Bharti Airtel Ltd.
0.56%
Credicorp Ltd.
0.55%
VWO
Taiwan Semiconductor Manufacturing Co., Ltd.
14.67%
Tencent Holdings Ltd.
2.89%
Alibaba Group Holding Ltd.
2.18%
MediaTek, Inc.
1.46%
Delta Electronics, Inc.
0.90%
China Construction Bank Corp.
0.86%
Hon Hai Precision Industry Co., Ltd.
0.77%
Reliance Industries Ltd.
0.72%
HDFC Bank Ltd.
0.68%
ICICI Bank Ltd.
0.65%
Industrial & Commercial Bank of China Ltd.
0.62%
PDD Holdings, Inc.
0.52%
ASE Technology Holding Co., Ltd.
0.49%
Xiaomi Corp.
0.49%
Bharti Airtel Ltd.
0.46%
Frequently asked questions about XCNY and VWO
How have the XCNY and VWO ETFs performed in 2026?
As of October 16, 2026, XCNY is up 19.4% year-to-date (YTD), while VWO has returned 8.48%. That puts XCNY better performer ahead so far this year.
Which ETF is attracting more investor money: XCNY or VWO?
Year-to-date, the XCNY ETF saw +$3M in flows, compared to +$8.68B for VWO.
Which ETF is more volatile: XCNY or VWO?
Over the past year, XCNY had a volatility of 17%, while VWO experienced 15.98%.
Which ETF is bigger: XCNY or VWO?
As of October 16, 2026, XCNY holds $9.96 M in assets under management (AUM), while VWO manages $122.57 B.
What sectors do the XCNY and VWO ETFs invest in?
XCNY leans toward sectors like Technology, Finance and Non-Energy Materials. Meanwhile, VWO focuses on Technology, Finance and Non-Energy Materials.
What are the top holdings of the XCNY ETF and VWO ETF?
XCNY top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., MediaTek, Inc. and Delta Electronics, Inc.. VWO holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Tencent Holdings Ltd. and Alibaba Group Holding Ltd..
Which ETF is more diversified: XCNY or VWO?
XCNY holds 1190 securities with 32.61% of its assets in the top 15. VWO has 4953 securities and a top 15 weight of 28.36%.
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Latest news about XCNY & VWO
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