Vanguard Emerging Markets Ex-China ETF (VEXC)

Key Metrics

TER 7.00% per year

Distribution policy Distributing

Fund size USD 195 M

Inception date September 30, 2025

Holdings 1,037

Fund currency N/A

Fund domicile US

Provider Vanguard

For full official fund details, factsheets, and holdings, visit investor.vanguard.com (opens in new tab).

Historical Return

Last updated: Jun 15, 2026

1 Year +4.1% +1.4% Div

3 Years (avg.) +1.3% +1.4% Div

5 Years (avg.) +0.8% +1.4% Div

Risk & Analysis Metrics

Last updated: Jun 15, 2026

Volatility

25.59% 1 Year

25.59% 3 Years

25.59% 5 Years

25.59% 10 Years

Max Drawdown

-5.78% 1 Year

-5.78% 3 Years

-5.78% 5 Years

-5.78% 10 Years

Sharpe Ratio

1.92 1 Year

1.92 3 Years

1.92 5 Years

1.92 10 Years

Distributions

*by ETF Portfolio Weight Last updated: Jun 15, 2026

Profit Margin Distribution

< 0%

1y 3y N/A N/A

0 - 5%

1y 3y N/A N/A

5 - 10%

1y 3y N/A N/A

10 - 15%

1y 3y N/A N/A

15 - 20%

11%

1y 3y N/A N/A

20 - 30%

1y 3y N/A N/A

30 - 40%

1y 3y N/A N/A

> 40%

62%

1y 3y N/A N/A

P/E Ratio Distribution

< 0

1y 3y N/A N/A

0 - 10

10%

1y 3y N/A N/A

10 - 15

1y 3y N/A N/A

15 - 20

11%

1y 3y N/A N/A

20 - 25

1y 3y N/A N/A

25 - 35

64%

1y 3y N/A N/A

35 - 50

1y 3y N/A N/A

> 50

1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation

N/A

Undervalued

> 60%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

15 - 30%

1y 3y N/A N/A

Fair (±15%)

1y 3y N/A N/A

Overvalued

15 - 30%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

> 60%

1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap

0.0%

1y 3y N/A N/A

Small Cap

0.1%

1y 3y N/A N/A

Mid Cap

4.5%

1y 3y N/A N/A

Large Cap

37.0%

1y 3y N/A N/A

Mega Cap

58.5%

1y 3y N/A N/A

Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Average metrics of all companies in portfolio

Last updated: Jun 21, 2026

Market
Average

Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares.	$1.34T	-
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price.	1.28%	2.03%
Beta Indicates the relationship between the price performance of a share and the market.	0.96	-
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.	25.54	28.29
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything	-21.82	-
Profitable Companies	99%	-
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued.	48.4	14.56
Price to Sales Ratio Market cap divided by the revenue in the most recent year.	0.72	8.28
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company	0.74	10.72

Market
Average

Enterprise Value to EBIT Enterprise Value divided by EBIT	2.07	21.15
Enterprise Value to Revenue Enterprise value divided by revenue	0.63	8.72
Total Debt to Enterprise Value Total debt divided by enterprise value	0.85	0.05
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary.	0.55	0.33
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability.	34.80%	-6.18%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago.	+45.5%	-117.9%
Return on Equity Equity divided by market cap.	29.23%	1.23%
Return on Assets Indicates a company's profitability in relation to its total assets.	16.59%	3.29%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.	25.51%	3.31%

Sectors

Manufacturing	23.0%
Finance and Insurance	4.1%
Mining, Quarrying, and Oil and Gas Extraction	3.9%
Information	1.3%
Electronic Technology	1.3%
Professional, Scientific, and Technical Services	0.7%
Utilities	0.7%
Transportation and Warehousing	0.4%
Retail Trade	0.4%
Management of Companies and Enterprises	0.3%
Energy	0.0%
Other	63.9%

Countries

Taiwan (Province of China)	44.1%
India	18.0%
Other	6.9%
Brazil	5.9%
South Africa	4.5%
United States	4.0%
Mexico	3.0%
Saudi Arabia	2.6%
Malaysia	1.5%
Turkey	1.1%
Indonesia	1.0%
Greece	1.0%
Kuwait	0.9%
Qatar	0.8%
United Arab Emirates	0.8%
Chile	0.7%
United Kingdom	0.6%
Hungary	0.6%
Thailand	0.4%
Philippines	0.4%
Canada	0.3%
Colombia	0.3%
Czechia	0.2%
China	0.1%
Iceland	0.1%
Egypt	0.1%
Luxembourg	0.1%
Germany	0.0%
Belgium	0.0%
Singapore	0.0%
Switzerland	0.0%
Russian Federation	0.0%
Australia	0.0%
Japan	0.0%
Other	0.0%

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

Market Cap

P/E Ratio

Total Investment

Weight

Taiwan Semiconductor Manufacturing - ADR

TSM - Manufacturing

Market Cap $2.4T

P/E Ratio 32.4

Dividends 0.9%

Total Investment $40.17M

Weight 20.58%

Loading details…

HDFC Bank Ltd. - ADR

HDB - Finance and Insurance

Market Cap $128.54B

P/E Ratio 15.8

Dividends 2.0%

Total Investment $2.98M

Weight 1.53%

Loading details…

Hon Hai Precision Industry Co., Ltd.

HNHAF - Electronic Technology

Market Cap $45.59B

P/E Ratio 19.0

Dividends 2.2%

Total Investment $2.5M

Weight 1.28%

Loading details…

ICICI Bank Ltd. - ADR

IBN - Finance and Insurance

Market Cap $100.19B

P/E Ratio 17.8

Dividends 0.8%

Total Investment $2.16M

Weight 1.11%

Loading details…

AngloGold Ashanti Plc.

AU - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $45.95B

P/E Ratio 13.2

Dividends 5.1%

Total Investment $1.73M

Weight 0.89%

Loading details…

Vale S.A. - ADR

VALE - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $65.76B

P/E Ratio 23.1

Dividends 6.8%

Total Investment $1.67M

Weight 0.85%

Loading details…

Gold Fields Ltd - ADR - Level II

GFI - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $34.55B

P/E Ratio 8.2

Dividends 5.4%

Total Investment $1.41M

Weight 0.72%

Loading details…

Infosys Ltd - ADR

INFY - Professional, Scientific, and Technical Services

Market Cap $42.89B

P/E Ratio 13.4

Dividends 4.6%

Total Investment $1.36M

Weight 0.70%

Loading details…

Itau Unibanco Holding S.A. - ADR

ITUB - Finance and Insurance

Market Cap $85.86B

P/E Ratio 9.6

Dividends 9.3%

Total Investment $1.34M

Weight 0.68%

Loading details…

Naspers Ltd - ADR

NPSNY - Information

Market Cap $8.18B

P/E Ratio 7.9

Dividends 0.6%

Total Investment $1.14M

Weight 0.58%

Loading details…

Petroleo Brasileiro S.A. Petrobras - ADR - Preference Shares

PBR.A - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $107.94B

P/E Ratio

Dividends

Total Investment $936.39K

Weight 0.48%

Loading details…

Petroleo Brasileiro S.A. Petrobras - ADR - Preference Shares

PBR.A - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $107.94B

P/E Ratio

Dividends

Total Investment $832.59K

Weight 0.43%

Loading details…