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VWO vs VWOB

Vanguard Emerging Markets Stock Index Fund vs Vanguard Emerging Markets Government Bond Index Fund

VWO

Vanguard Emerging Markets Stock Index Fund

Annual cost

0.06%

Fund size

$162.8B

VWOB

Vanguard Emerging Markets Government Bond Index Fund

Annual cost

0.15%

Fund size

$6.6B

Key differences

VWO is an equity ETF, while VWOB is a fixed income ETF. VWO charges 0.06% a year and VWOB 0.15%.

  • VWO is an equity fund, while VWOB is a fixed income fund. They carry different risk/return profiles.
  • VWO costs 0.09% less per year.
  • VWO is much larger than VWOB. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, VWO has delivered higher annualized returns.
  • VWO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VWOVWOB
Annual cost (TER)0.06%0.15%
Fund size (AUM)$162.8B$6.6B
Since20052013
Dividend yield2.43%5.82%
Asset classequityfixed income
Regionemerging marketsemerging markets
Strategyindex trackingindex tracking
CAGR 1Y+24.5%+10.0%
CAGR 3Y+17.8%+9.4%
CAGR 5Y+4.8%+2.1%
Sharpe 3Y0.870.80
Volatility 1Y16.33%5.18%
Max drawdown-36.39%-26.97%

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