VSGX vs VWO: Holdings Overlap
VSGXVanguard Esg International Stock ETF
Vanguard · 6576 holdings · $6.5B · as of 2026-05-31
VWOVanguard Emerging Markets Stock Index Fund
Vanguard · 5015 holdings · $124.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (VSGX: 2026-05-31, 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 VSGX and VWO?
Vanguard Esg International Stock ETF (VSGX, by Vanguard) holds 6576 positions; Vanguard Emerging Markets Stock Index Fund (VWO, by Vanguard) holds 5015. They have 3521 holdings in common, and by portfolio weight the two funds are 28.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 28.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3521VSGX holds 6576 · VWO holds 5015
- Weight in Shared Holdings
- VSGX 29%·VWO 79%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 VSGX
3055 of 6576 positions (70.5% of the fund) are not held by VWO. Showing the top 30 by weight.
Only in VWO
1494 of 5015 positions (20.7% of the fund) are not held by VSGX. Showing the top 30 by weight.
Sector Breakdown
| Sector | VSGX | VWO |
|---|---|---|
| Information Technology | 23.0% | 23.7% |
| Financials | 21.8% | 12.6% |
| Consumer Discretionary | 6.3% | 7.0% |
| Health Care | 6.7% | 0.9% |
| Communication Services | 3.3% | 5.7% |
| Other Sectors | 14.5% | 12.0% |
| Unclassified | 23.5% | 37.4% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (24% of VSGX, 38% of VWO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VSGX | +2.2% | +17.2% | +28.7% | +19.1% | +8.5% | — | 2.90% |
| 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 VSGX vs VWO →
Shared Holdings(3521)
The top 10 shared positions account for 31% of the overlap, led by TSMWF, 9988 and 2454.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 5.46% | 14.61% | 5.46% |
|---|---|---|---|
 9988Alibaba Group Holding Ltd | 0.84% | 2.55% | 0.84% |
 2454MediaTek Inc | 0.61% | 1.06% | 0.61% |
 2308Delta Electronics Inc | 0.45% | 1.17% | 0.45% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.34% | 0.74% | 0.34% |
 C6TChina Construction Bank Corp | 0.29% | 0.85% | 0.29% |
 HDFCBHDFC Bank Ltd | 0.27% | 0.80% | 0.27% |
 ICICIBCICICI Bank Ltd | 0.21% | 0.61% | 0.21% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.20% | 0.62% | 0.20% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.20% | 0.66% | 0.20% |
 3711ASE Technology Holding Co Ltd | 0.19% | 0.44% | 0.19% |
 1810Xiaomi Corp | 0.19% | 0.56% | 0.19% |
 BHARTIBharti Airtel Ltd | 0.17% | 0.51% | 0.17% |
 2303United Microelectronics Corp | 0.16% | 0.21% | 0.16% |
 RJHISARAl Rajhi Bank | 0.16% | 0.47% | 0.16% |
 3690Meituan, B Shares | 0.16% | 0.50% | 0.16% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.15% | 0.46% | 0.15% |
 AUAnglogold Ashanti PLC COM SHS | 0.15% | 0.40% | 0.15% |
 2383Elite Material Co Ltd | 0.14% | 0.37% | 0.14% |
 W8VBank of China Ltd | 0.14% | 0.38% | 0.14% |
 9999NetEase Inc | 0.13% | 0.37% | 0.13% |
 3037Unimicron Technology Corp | 0.13% | 0.33% | 0.13% |
 ITUB4Itau Unibanco Holding SA | 0.13% | 0.35% | 0.13% |
 1211RUBBYD Co Ltd | 0.13% | 0.42% | 0.13% |
 INFOInfosys Ltd | 0.13% | 0.38% | 0.13% |
Showing the top 250 of 3521 shared holdings by overlap weight.
Frequently Asked Questions
How much do VSGX and VWO overlap?
VSGX and VWO overlap by 28.6% of portfolio weight. They share 3521 holdings (VSGX holds 6576 positions and VWO holds 5015), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VSGX and VWO?
The two portfolios are 28.6% 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 VSGX and VWO?
The largest positions held by both funds are TSMWF, 9988, 2454, 2308 and HNHAF. Together the top 10 shared positions account for 31% of the total overlap.
What does VSGX own that VWO doesn't?
3055 positions (70.5% of VSGX) are unique to VSGX, led by 005930, 000660 and ASML. In the other direction, 1494 positions (20.7% of VWO) are unique to VWO.