EEM vs VWO: Complete Comparison

iShares MSCI Emerging Markets ETF vs Vanguard FTSE Emerging Markets ETF โ€” overlap, correlation, performance & risk analysis

Holdings Overlap
8.89%
Very Low Overlap
Shared Holdings
1 of 10
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

EEM
VWO
8.9%
EEM Only
Overlap
VWO Only

Price Performance

Historical price comparison over 3M

EEM Return
+10.79%
VWO Return
+7.08%
Winner
EEM
+3.71%
Max Drawdown
EEM: -5.2%
VWO: -4.8%
EEM Volatility (annualized)14.21%
VWO Volatility (annualized)12.71%

๐Ÿ“ˆ Comparison

Metric
EEM
VWO
1 Year Return
+12.8%
+15.5%โœ“
3 Year Return
+2.5%โœ“
+1.8%
5 Year Return
+5.2%
+6.2%โœ“
Volatility
22.80%
21.50%โœ“
Expense Ratio
0.68%
0.08%โœ“
โš ๏ธ Past performance does not guarantee future results. Data may be delayed.

โš ๏ธRisk Metrics

Metric
EEM
VWO
Volatility
22.80%
21.50%โœ“
Sharpe Ratio
0.18
0.22
Sortino Ratio
0.25
0.32โœ“
Max Drawdown
-52.50%
-48.50%โœ“
Beta
0.95
0.88

Interpretation:

  • ๐Ÿ“Š Lower volatility = smoother ride
  • โšก Higher Sharpe/Sortino = better risk-adjusted returns
  • โš ๏ธ Smaller max drawdown = less worst-case pain
  • ๐Ÿ“ˆ Beta > 1 = more volatile than S&P 500

โš”๏ธ Comparison

2 - 8

๐Ÿ† VWO wins this comparison

Key Factors

๐Ÿ’ฐ Expense Ratio
EEM:0.68%โœ“
vs
VWO:0.08%โœ“
๐ŸŽฏ Number of Holdings
EEM:853 holdingsโœ“
vs
VWO:5,219 holdingsโœ“
๐Ÿ“ˆ 5-Year Return
EEM:+5.2%
vs
VWO:+6.2%
โ–ถAdditional Metrics (5)
โš–๏ธ Concentration Risk
EEM: 2.6% in top 10โœ“
VWO: 29.8% in top 10
๐Ÿ“Š Assets Under Management
EEM: $22B
VWO: $80B โœ“โœ“
โšก Sharpe Ratio
EEM: 0.18
VWO: 0.22
๐Ÿ“‰ Volatility
EEM: 22.8%
VWO: 21.5%
๐Ÿ” Uniqueness vs SPY
EEM: 100.0% unique
VWO: 100.0% unique

Bottom line: VWO wins with better expense ratio and number of holdings. Consider VWO for your portfolio, but EEM is still a solid choice if you prefer its specific advantages.

Detailed Overlap Analysis

1 shared holdings representing 8.9% portfolio overlap

Top Shared Holdings

#StockEEM WeightVWO WeightOverlap
1
PDD
PDD
0.83%2.65%0.83%

Overlap by Sector

Other
1 stocks ยท 0.83% overlap

Showing top 5 sectors by overlap contribution

1
Shared Stocks
8.9%
Total Overlap
1
Sectors Represented

Top Holdings Only in EEM

Unique to EEM

โ†Scroll horizontally to see all dataโ†’
SymbolNameWeight
NUNU0.56%
AUAU0.40%
BAPBAP0.18%
YUMCYUMC0.17%
SCCOSCCO0.13%

Top Holdings Only in VWO

Unique to VWO

โ†Scroll horizontally to see all dataโ†’
SymbolNameWeight
TSMTaiwan Semiconductor7.95%
BABAAlibaba Group4.45%
TCEHYTencent Holdings3.95%
INFYInfosys Ltd2.25%
VALEVale SA2.05%

Price Correlation

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = ฮฃ min(weightA, weightB) for each shared holding

Normalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).

Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.

๐Ÿ“Š This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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