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ETF comparison

PXF vs VWO

International Developed vs International Emerging.

Invesco RAFI Developed Markets ex-U.S. ETF · Vanguard FTSE Emerging Markets Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
0.1 %

6 positions appear in both funds. Buying equal dollars of PXF and VWO would leave roughly 0.1% of each dollar exposed to the same underlying securities.

PXF unmatched 99.7% Shared 0.1% VWO unmatched 95.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In PXF only
1,013 positions
Shared
6 positions
In VWO only
4,974 positions

Side by side

PXF

Invesco RAFI Developed Markets ex-U.S. ETF

Invesco · International Developed

71 composite / 100
Expense ratio
0.43%
Net assets
$2.94B
TTM yield
3.28%
Top-10 conc.
14.6%
VWO

Vanguard FTSE Emerging Markets Index Fund ETF Shares

Vanguard · International Emerging

89 composite / 100
Expense ratio
0.060%
Net assets
$164.66B
whole fund, 5 share classes
TTM yield
2.14%
Top-10 conc.
27.4%

Sub-score comparison

57
Cost
94
76
Tax efficiency
76
77
Liquidity
100
93
Concentration
75
—
Tracking quality
—
PXF sub-score VWO

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VWO is 37 bps cheaper than PXF. On a $100,000 position that's about $370/yr more in fees for PXF.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with PXF vs VWO.

Top shared holdings

6 shared in total
# Holding In PXF In VWO Overlap
1 AngloGold Ashanti PLC 0.03% 0.33% 0.03%
2 Kingboard Holdings Ltd. 0.03% 0.03% 0.03%
3 JOYY Inc. 0.03% 0.02% 0.02%
4 Sino Biopharmaceutical Ltd. 0.02% 0.05% 0.02%
5 China Gas Holdings Ltd. 0.01% 0.02% 0.01%
6 GCL-Poly Energy Holdings Ltd. 0.01% 0.02% 0.01%

Only in PXF

1,013 total
  • Samsung Electronics Co., Ltd. 4.14%
  • Shell PLC 2.10%
  • TotalEnergies SE 1.47%
  • HSBC Holdings PLC 1.37%
  • Roche Holding AG 1.08%
  • BHP Group Ltd. 0.98%
  • Toyota Motor Corp. 0.94%
  • BP PLC 0.92%
  • Glencore PLC 0.83%
  • Novartis AG 0.74%

Only in VWO

4,974 total
  • Taiwan Semiconductor Manufacturing Co Ltd 15.56%
  • Tencent Holdings Ltd 3.31%
  • Alibaba Group Holding Ltd 2.41%
  • MediaTek Inc 1.36%
  • China Construction Bank Corp 0.90%
  • Delta Electronics Inc 0.82%
  • Hon Hai Precision Industry Co Ltd 0.81%
  • Reliance Industries Ltd 0.80%
  • HDFC Bank Ltd 0.78%
  • ICICI Bank Ltd 0.69%

Percentages are holdings overlap with the named fund.

Open PXF or VWO at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.