Vanguard FTSE Emerging Markets ETF
Tracks FTSE Emerging Markets All Cap
The four numbers that price an ETF.
What the ETF actually owns.
From the most recent SEC N-PORT filing. The top-10 weight tells you how concentrated the fund is — broad-market trackers run 25-30%, single-theme funds often 50-70%.
| # | Holding | Weight | Value (USD) | Asset class |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Co Ltd | 12.10% | $18.36 B | EC |
| 2 | Tencent Holdings Ltd | 4.28% | $6.50 B | EC |
| 3 | Alibaba Group Holding Ltd | 3.43% | $5.20 B | EC |
| 4 | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 1.56% | $2.37 B | STIV |
| 5 | HDFC Bank Ltd | 1.03% | $1.57 B | EC |
| 6 | Reliance Industries Ltd | 0.93% | $1.42 B | EC |
| 7 | Hon Hai Precision Industry Co Ltd | 0.76% | $1.15 B | EC |
| 8 | MediaTek Inc | 0.73% | $1.11 B | EC |
| 9 | Xiaomi Corp | 0.70% | $1.07 B | EC |
| 10 | ICICI Bank Ltd | 0.70% | $1.06 B | EC |
| 11 | PDD Holdings Inc | 0.69% | $1.05 B | EC |
| 12 | Delta Electronics Inc | 0.66% | $1.00 B | EC |
| 13 | Industrial & Commercial Bank of China Ltd | 0.59% | $898 M | EC |
| 14 | Infosys Ltd | 0.57% | $862 M | EC |
| 15 | Vale SA | 0.52% | $785 M | EC |
| 16 | Al Rajhi Bank | 0.50% | $766 M | EC |
| 17 | NetEase Inc | 0.42% | $645 M | EC |
| 18 | Naspers Ltd | 0.42% | $638 M | EC |
| 19 | Anglogold Ashanti Plc | 0.41% | $620 M | EC |
| 20 | Gold Fields Ltd | 0.40% | $605 M | EC |
| 21 | Baidu Inc | 0.37% | $562 M | EC |
| 22 | Saudi Arabian Oil Co | 0.37% | $558 M | EC |
| 23 | Trip.com Group Ltd | 0.33% | $499 M | EC |
| 24 | JD.com Inc | 0.32% | $493 M | EC |
| 25 | Saudi National Bank/The | 0.31% | $477 M | EC |
What we measure and what we leave out.
Data sources: SEC EDGAR N-PORT filings (holdings + filing-date timestamp); issuer fact sheets for expense ratio + AUM + inception; Yahoo Finance for daily NAV.
Expense ratio is the single biggest forward predictor of long-horizon performance. A 0.03% expense ratio compounds to a fundamentally different outcome than a 0.95% expense ratio over 25 years — even if the underlying index is identical.
Concentration risk lives in the top-10 weight. For broad-market trackers (VOO, VTI, SPY) the top-10 sits around 28-32%. For thematic funds — semiconductors, AI, cannabis — top-10 often crosses 60%. A "sector tilt" with 60% in 10 names is closer to active stock-picking than passive index exposure.
LRS + tax for Indian investors: US-listed ETFs are securities for Indian-tax purposes — held > 24 months = LTCG @ 12.5%, ≤ 24 months = slab-rate STCG. Distributions are dividends taxed at slab rates (US withholds 25%, creditable via DTAA). LRS USD 250,000 / FY cap applies to each remittance.
India-listed alternative: for S&P 500 / NASDAQ-100 exposure without LRS friction, see India-listed ETFs at /etfs/ (Motilal Oswal, Mirae, Nippon, etc. variants). Higher TER but no LRS hassle and INR-settled.
What this page does not model: tracking error vs underlying index, premium/discount to NAV, bid-ask spread on-exchange, currency-hedged variants (e.g. JPST-hedged), securities lending revenue (which subsidises some expense ratios).
ETF NAVs, tracking error and AUM are computed from AMFI disclosures. ETFs are subject to market risk and tracking-error risk. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.