VANGUARD EMERGING MARKETS STOCK INDEX FUND

VANGUARD INTERNATIONAL EQUITY INDEX FUNDS · 5 share classes

Emerging-markets equity index ETF
One fund, 5 share classes:VEIEXVEMIXVWOVEMAXVEMRX
$159.90B NAV
5,038 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

VANGUARD EMERGING MARKETS STOCK INDEX FUND is an emerging-markets equity index ETF that tracks the FTSE Emerging Markets All Cap China A Inclusion Index.

Asset class
Equity
Region
Emerging markets
Management
Index (passive)
Fund type
ETF

Fund profile

As filed in the prospectus · 2026 Q1

Vanguard Emerging Markets Stock Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries.

Strategy · summarised

The fund tracks the FTSE Emerging Markets All Cap China A Inclusion Index using a sampling approach, holding a range of securities that approximate the full index in terms of key risk factors and characteristics. Because the fund samples rather than holds all index constituents, its returns may diverge from the index. The fund may become concentrated in particular issuers or industries if the index itself becomes concentrated due to market conditions or issuer performance.

Expenses
0.05% 0.29%across 5 share classes
Share classExpense ratio
VEIEX0.29%
VEMIX0.06%
VWO0.06%
VEMAX0.13%
VEMRX0.05%

Portfolio turnover 6.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

103.52%
of net assets
Stocks99.21%
Cash & short-term4.28%
Derivatives0.03%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 130 new94 exited

Largest new: KE Holdings Inc, InnoScience Suzhou Technology Holding Co Ltd, New Issuer: BB Company ID:71327236, Hesai Group, Vedanta Ltd ×4

Largest exited: KE Holdings Inc, Alpha Dhabi Holding PJSC, Qatar Navigation QSC, Dongfeng Motor Group Co Ltd, Hesai Group, Pure Health Holding PJSC, Bharti Airtel Ltd, Concentradora Fibra Danhos SA de CV

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+32.73%+59.39%+28.59%14.52%-10.82%
+32.99%+60.31%+29.83%14.52%-10.76%
+33.04%+60.46%+30.05%14.54%-10.77%
+32.93%+60.11%+29.57%14.53%-10.77%
+33.03%+60.43%+29.98%14.53%-10.77%

These classes hold the same portfolio, so the 1.46pp spread over 5 years is the cost difference between them — roughly 0.29pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Taiwan Semiconductor Manufacturing Co Ltd14.61%$23.36B
Vanguard Cmt Funds-Vanguard Market Liquidity Fund4.28%$6.84B
Tencent Holdings LtdTCTZF3.26%$5.21B
Alibaba Group Holding Ltd2.55%$4.08B
Delta Electronics Inc1.17%$1.87B
MediaTek Inc1.06%$1.69B
Reliance Industries Ltd0.90%$1.43B
China Construction Bank Corp0.85%$1.37B
HDFC Bank Ltd0.80%$1.28B
Hon Hai Precision Industry Co Ltd0.74%$1.19B
Showing 10 of 5,038Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 30.22% of net assets, top 25 37.54%, across 4.8K issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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