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VWO vs VGMS

Vanguard Emerging Markets Stock Index Fund vs Vanguard Multi-Sector Income Bond ETF

VWO

Vanguard Emerging Markets Stock Index Fund

Annual cost

0.06%

Fund size

$162.8B

VGMS

Vanguard Multi-Sector Income Bond ETF

Annual cost

0.30%

Fund size

$223M

Key differences

VWO is an equity ETF, while VGMS is a fixed income ETF. VWO charges 0.06% a year and VGMS 0.30%.

  • VWO is an equity fund, while VGMS is a fixed income fund. They carry different risk/return profiles.
  • VWO follows a index tracking strategy; VGMS uses active selection.
  • VWO costs 0.24% less per year.
  • VWO is much larger than VGMS. Larger funds are usually more liquid and less likely to close.
  • VWO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VWOVGMS
Annual cost (TER)0.06%0.30%
Fund size (AUM)$162.8B$223M
Since20052025
Dividend yield2.43%
Asset classequityfixed income
Regionemerging markets
Strategyindex trackingactive selection
CAGR 1Y+24.5%N/A
CAGR 3Y+17.8%N/A
CAGR 5Y+4.8%N/A
Sharpe 3Y0.87N/A
Volatility 1Y16.33%
Max drawdown-36.39%-2.46%

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