Morningstar

Vanguard Emerging Markets Stock Index Fund Admiral Shares VEMAX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 48.04  /  −1.80 %
  • Total Assets 163.3B
  • Adj. Expense Ratio
    0.130%
  • Expense Ratio 0.130%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Diversified Emerging Mkts
  • Investment Style Large Blend
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 2.28%
  • Turnover 6%

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis VEMAX

Will VEMAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VEMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VEMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VEMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Faithful representation of the market at a low price tag.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

Vanguard Emerging Markets Stock Index’s broad portfolio and rock-bottom expense ratio should help it outperform category peers over the long haul. However, the unavoidable geopolitical risk of emerging markets can introduce unwanted volatility.

by Lan Anh Tran
Rated on Published on

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Portfolio Holdings VEMAX

More VEMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

15.67 27B
Technology

Slcmt1142

2.95 5B
Cash and Equivalents

Tencent Holdings Ltd

2.82 5B
Communication Services

Alibaba Group Holding Ltd Ordinary Shares

1.79 3B
Consumer Cyclical

MediaTek Inc

1.64 3B
Technology

Mktliq 12/31/2049

1.21 2B
Cash and Equivalents

Delta Electronics Inc

0.99 2B
Technology

Hon Hai Precision Industry Co Ltd

0.80 1B
Technology

HDFC Bank Ltd

0.79 1B
Financial Services

Reliance Industries Ltd

0.75 1B
Energy

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