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ETF comparison

PXH vs VWO

Both International Emerging.

Invesco RAFI Emerging Markets ETF · Vanguard FTSE Emerging Markets Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
45.1 %

339 positions appear in both funds. Buying equal dollars of PXH and VWO would leave roughly 45.1% of each dollar exposed to the same underlying securities.

PXH unmatched 54.5% Shared 45.1% VWO unmatched 50.3%

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 PXH only
19 positions
Shared
339 positions
In VWO only
4,641 positions

Side by side

PXH

Invesco RAFI Emerging Markets ETF

Invesco · International Emerging

64 composite / 100
Expense ratio
0.47%
Net assets
$2.05B
TTM yield
4.04%
Top-10 conc.
29.0%
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

53
Cost
94
72
Tax efficiency
76
70
Liquidity
100
73
Concentration
75
—
Tracking quality
—
PXH sub-score VWO

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

Cost difference

VWO is 41 bps cheaper than PXH. On a $100,000 position that's about $410/yr more in fees for PXH.

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 PXH vs VWO.

Top shared holdings

339 shared in total
# Holding In PXH In VWO Overlap
1 Taiwan Semiconductor Manufacturing Co. Ltd. 6.18% 15.56% 6.18%
2 Alibaba Group Holding Ltd. 3.31% 2.41% 2.41%
3 Tencent Holdings Ltd. 2.24% 3.31% 2.24%
4 MediaTek Inc. 1.67% 1.36% 1.36%
5 China Construction Bank Corp. 2.71% 0.90% 0.90%
6 Hon Hai Precision Industry Co., Ltd. 2.57% 0.81% 0.81%
7 Reliance Industries Ltd. 0.92% 0.80% 0.80%
8 Industrial and Commercial Bank of China Ltd. 1.96% 0.66% 0.66%
9 HDFC Bank Ltd. 0.62% 0.78% 0.62%
10 ICICI Bank Ltd. 0.60% 0.69% 0.60%
11 PDD Holdings Inc. 0.67% 0.59% 0.59%
12 Meituan 0.58% 0.56% 0.56%

Only in PXH

19 total
  • JD.com, Inc. 1.86%
  • PTT PCL 0.77%
  • Lenovo Group Ltd. 0.69%
  • BOC Hong Kong (Holdings) Ltd. 0.37%
  • Midea Group Co., Ltd. 0.23%
  • JBS N.V. 0.22%
  • PTT Global Chemical PCL 0.20%
  • KE Holdings Inc. 0.18%
  • PTT Exploration and Production PCL 0.18%
  • Thai Oil PCL 0.14%

Only in VWO

4,641 total
  • Elite Material Co Ltd 0.36%
  • JD.com Inc 0.35%
  • Anglogold Ashanti Plc 0.33%
  • Petroleo Brasileiro SA 0.31%
  • OTP Bank Nyrt 0.29%
  • Accton Technology Corp 0.28%
  • Kuwait Finance House KSCP 0.27%
  • National Bank of Kuwait SAKP 0.21%
  • Delta Electronics Thailand PCL 0.20%
  • First Abu Dhabi Bank PJSC 0.20%

Percentages are holdings overlap with the named fund.

Open PXH 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.