DEM vs VWO: Holdings Overlap
DEMWisdomTree Emerging Markets High Dividend Fund
WisdomTree · 533 holdings · $3.9B · as of 2026-03-31
VWOVanguard Emerging Markets Stock Index Fund
Vanguard · 5015 holdings · $124.9B · as of 2026-04-30
Holdings snapshots are 30 days apart (DEM: 2026-03-31, VWO: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DEM and VWO?
WisdomTree Emerging Markets High Dividend Fund (DEM, by WisdomTree) holds 533 positions; Vanguard Emerging Markets Stock Index Fund (VWO, by Vanguard) holds 5015. They have 386 holdings in common, and by portfolio weight the two funds are 13.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 386DEM holds 533 · VWO holds 5015
- Weight in Shared Holdings
- DEM 83%·VWO 14%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DEM
147 of 533 positions (16.6% of the fund) are not held by VWO. Showing the top 30 by weight.
Only in VWO
4629 of 5015 positions (85.3% of the fund) are not held by DEM. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DEM | +2.5% | +19.2% | +24.0% | +17.6% | +10.5% | +9.2% | 4.10% |
| VWO | +2.7% | +12.6% | +22.3% | +16.6% | +6.6% | +7.9% | 2.29% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DEM vs VWO →
Shared Holdings(386)
The top 10 shared positions account for 34% of the overlap, led by 2454, C6T and ICK.
 2454MediaTek Inc. TWD10 | 2.52% | 1.06% | 1.06% |
|---|---|---|---|
 C6TChina Construction Bank Corp. 'H'CNY1 | 4.51% | 0.85% | 0.85% |
 ICKIndustrial & Commercial Bank of China Ltd. 'H'CNY1 | 2.82% | 0.62% | 0.62% |
 2318RUBPing An Insurance (Group) Company of China Ltd. 'H' CNY1 | 1.67% | 0.46% | 0.46% |
 ARAMCSARSaudi Arabian Oil Company NPV | 2.15% | 0.38% | 0.38% |
 GFNORTEOGrupo Financiero Banorte S.A.B. de C.V. COM NPV SERIES O | 1.99% | 0.27% | 0.27% |
 SNBSARSaudi National Bank (the) SAR10 | 0.90% | 0.26% | 0.26% |
 2891CTBC Financial Holding Co Ltd. TWD10 | 0.88% | 0.25% | 0.25% |
 FSRFirstrand Ltd ZAR0.01 | 0.80% | 0.24% | 0.24% |
 TCSTata Consultancy Services Ltd. INR1 | 0.92% | 0.23% | 0.23% |
 2382Quanta Computer Inc. TWD10 | 1.29% | 0.23% | 0.23% |
 SBKStandard Bank Group Ltd. ZAR0.1 | 0.70% | 0.22% | 0.22% |
 EK7Agricultural Bank of China Ltd. 'H'CNY1 | 0.49% | 0.21% | 0.21% |
 2303United Microelectronics Corp. TWD10 | 1.16% | 0.21% | 0.21% |
 FUISFFubon Financial Holding Co Ltd. TWD10 | 0.53% | 0.21% | 0.21% |
 M4BChina Merchants Bank Co Ltd. 'H'CNY1 | 0.43% | 0.20% | 0.20% |
 2882Cathay Financial Holding Co Ltd. TWD10 | 0.51% | 0.20% | 0.20% |
 STCSARSaudi Telecom Company SAR10 | 0.86% | 0.19% | 0.19% |
 MAYMalayan Banking Berhad NPV | 0.65% | 0.18% | 0.18% |
 IKFChina Shenhua Energy Co Ltd. 'H'CNY1 | 1.07% | 0.18% | 0.18% |
 FEMSAUBDFomento Economico Mexicano S A B de C V UNITS (REP 1 SER 'B' SHS & 4 SER'D') | 1.36% | 0.18% | 0.18% |
 2885Yuanta Financial Holding Co., Ltd. TWD10 | 0.16% | 0.16% | 0.16% |
 PBKPublic Bank Berhad NPV | 0.22% | 0.15% | 0.15% |
 CIMBCIMB Group Holdings Berhad ORD MYR1 | 0.26% | 0.14% | 0.14% |
 2887TS Financial Holding Co Ltd. TWD10 | 0.22% | 0.13% | 0.13% |
Showing the top 250 of 386 shared holdings by overlap weight.
Frequently Asked Questions
How much do DEM and VWO overlap?
DEM and VWO overlap by 13.5% of portfolio weight. They share 386 holdings (DEM holds 533 positions and VWO holds 5015), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DEM and VWO?
The two portfolios are 13.5% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DEM and VWO?
The largest positions held by both funds are 2454, C6T, ICK, 2318RUB and ARAMCSAR. Together the top 10 shared positions account for 34% of the total overlap.
What does DEM own that VWO doesn't?
147 positions (16.6% of DEM) are unique to DEM, led by PKN, PKO and PEO. In the other direction, 4629 positions (85.3% of VWO) are unique to VWO.