VWO vs. VYMI ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to Vanguard International High Dividend Yield ETF (VYMI)

VWO

Vanguard FTSE Emerging Markets ETF

VWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach by investing substantially all (approximately 95%) of its assets in the common stocks included in the FTSE Emerging Index, while employing a form of sampling to reduce risk. The FTSE Emerging Index includes approximately 851 common stocks of companies located in emerging markets around the world. As of May 31, 2013, the largest markets covered in the index were China, Brazil, Taiwan, and India.

Grade (RS Rating)

Last Trade

$43.20

Average Daily Volume

9,565,751

Number of Holdings ^*

88

* may have additional holdings in another (foreign) market

VYMI

Vanguard International High Dividend Yield ETF

VYMI Description

Vanguard International High Dividend Yield ETF seeks to track the performance of the FTSE All-World ex US High Dividend Yield Index, which focuses on companies located in developed and emerging markets, excluding the United States, that are forecasted to have above-average dividend yields. The fund invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full index in terms of key characteristics. These key characteristics include industry weightings and market capitalization, as well as certain financial measures, such as price/earnings ratio and dividend yield. The experience and stability of Vanguard%u2019s Equity Index Group have permitted continuous refinement of techniques for reducing tracking error. The group uses proprietary software to implement trading decisions that accommodate cash flow and maintain close correlation with index characteristics. Vanguard%u2019s refined indexing process, combined with low management fees and efficient trading, has provided tight tracking net of expenses.

Grade (RS Rating)

Last Trade

$69.68

Average Daily Volume

355,975

Number of Holdings ^*

40

* may have additional holdings in another (foreign) market

Performance

Period	VWO	VYMI
30 Days	1.93%	0.87%
60 Days	3.54%	2.35%
90 Days	6.84%	7.59%
12 Months	11.34%	14.18%

25 Overlapping Holdings

	Symbol	Grade	Weight in VWO	Weight in VYMI	Overlap
	ABEV	D	0.14%	0.0%	0.0%
	ABEV	D	0.14%	0.08%	0.08%
	AKO.A	B	0.01%	0.01%	0.01%
	ASAI	D	0.01%	0.07%	0.01%
	ASAI	D	0.12%	0.07%	0.07%
	ATHM	B	0.0%	0.01%	0.0%
	ATHM	B	0.02%	0.01%	0.01%
	BBD	F	0.02%	0.01%	0.01%
	BCH	A	0.06%	0.04%	0.04%
	BSAC	D	0.01%	0.01%	0.01%
	CHT	C	0.05%	0.11%	0.05%
	CHT	C	0.14%	0.11%	0.11%
	CIB	C	0.04%	0.03%	0.03%
	CIG	B	0.01%	0.01%	0.01%
	CSAN	F	0.05%	0.03%	0.03%
	EC	B	0.01%	0.02%	0.01%
	GGB	D	0.0%	0.04%	0.0%
	GGB	D	0.06%	0.04%	0.04%
	ITUB	D	0.08%	0.03%	0.03%
	QFIN	A	0.03%	0.02%	0.02%
	SBSW	C	0.04%	0.02%	0.02%
	UMC	D	0.07%	0.14%	0.07%
	UMC	D	0.17%	0.14%	0.14%
	VALE	C	0.57%	0.34%	0.34%
	YY	C	0.01%	0.01%	0.01%

VWO Overweight 64 Positions Relative to VYMI

	Symbol	Grade	Weight
	BABA	B	1.92%
	HDB	C	1.21%
	PDD	B	0.88%
	TSM	C	0.45%
	IBN	B	0.4%
	BIDU	C	0.37%
	TCOM	B	0.29%
	LI	F	0.2%
	YUMC	F	0.17%
	BEKE	B	0.11%
	BGNE	C	0.1%
	TME	B	0.09%
	WIT	D	0.08%
	VIPS	F	0.07%
	BZ	B	0.07%
	NIO	C	0.07%
	TAL	B	0.06%
	YMM	B	0.06%
	XPEV	F	0.06%
	ERJ	B	0.05%
	BRFS	B	0.03%
	RDY	D	0.03%
	BILI	B	0.03%
	ELP	F	0.02%
	BSBR	B	0.02%
	DQ	F	0.02%
	SBS	B	0.02%
	HOLI	D	0.02%
	WIT	D	0.02%
	RLX	B	0.02%
	CAR	D	0.02%
	IQ	B	0.02%
	HTHT	B	0.01%
	SID	F	0.01%
	GDS	C	0.01%
	WB	C	0.01%
	SQM	D	0.01%
	AZUL	F	0.01%
	ERJ	B	0.01%
	FINV	B	0.01%
	EH	B	0.01%
	MOMO	C	0.01%
	SGRP	B	0.01%
	ATAT	C	0.01%
	GOTU	C	0.01%
	IMOS	D	0.01%
	CSIQ	F	0.01%
	JKS	D	0.01%
	ENIC	D	0.0%
	JEWL	F	0.0%
	BAOS	F	0.0%
	MNSO	B	0.0%
	DAO	F	0.0%
	HUYA	B	0.0%
	DDL	C	0.0%
	DADA	F	0.0%
	CAN	F	0.0%
	VNET	C	0.0%
	UBSI	D	0.0%
	EBR	D	0.0%
	BAK	F	0.0%
	SOHU	B	0.0%
	ZH	F	0.0%
	TUYA	C	0.0%

VWO Underweight 20 Positions Relative to VYMI

	Symbol	Grade	Weight
	TM	D	-2.25%
	NVS	B	-1.49%
	UL	A	-0.93%
	MUFG	D	-0.84%
	TD	F	-0.8%
	SMFG	C	-0.55%
	STLA	D	-0.45%
	HMC	D	-0.44%
	MFG	D	-0.37%
	LYG	A	-0.31%
	BCS	A	-0.26%
	E	B	-0.25%
	KB	B	-0.15%
	NMR	D	-0.14%
	SHG	C	-0.13%
	AGCO	D	-0.05%
	AEI	F	-0.03%
	ASX	D	-0.02%
	LPL	D	-0.01%
	VIV	D	-0.01%

VWO: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Specialty Retail Auto Manufacturers Semiconductors Aerospace & Defense Banks - Regional - Asia Chemicals Credit Services Education & Training Services Grocery Stores Information Technology Services Internet Content & Information Lodging Solar Steel Utilities - Diversified Utilities - Regulated Electric Advertising Agencies Airlines

Keywords: Bank Banking Games Investment Banking Currency Financial Products Online Game Transport Advertising Services Cash Management Computing Deposit Products Distribution Network Electricity Factoring Internet Search Engines Investment Product Cloud Computing Commercial Banking Concurrent Computing

VYMI: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Banks - Global Auto Manufacturers Banks - Regional - Asia Internet Content & Information Oil & Gas Integrated Semiconductors Telecom Services Banks - Regional - Europe Beverages - Brewers Beverages - Non-Alcoholic Capital Markets Consumer Electronics Credit Services Drug Manufacturers - Major Farm & Construction Equipment Gold Grocery Stores Household & Personal Products Industrial Metals & Minerals

Keywords: Bank Financial Products Investment Banking Banking Investment Banking Services Currency Investment Product Commercial Banking Factoring Financial Advisory Services Insurance Products Investment Bank Project Finance Securitization Asset Management Asset Management Services Cash Management Corporate Banking Structured Finance Advisory Services