
Vanguard Emerging Markets Stock Index Fund Admiral Shares
FundVEMAXNASDAQAbout
This investment vehicle provides shareholders with an economical avenue for gaining exposure to the equity markets of developing nations. While stocks from emerging economies often display greater price fluctuations compared to those in established countries, this heightened volatility offers the potential for superior long-term capital appreciation. However, it also introduces inherent risks, including exchange rate instability and geopolitical uncertainties. Consequently, it is best suited for patient investors with a higher risk tolerance who aim to broaden their global portfolio's reach. Regarding 75% of its total holdings, the fund operates under specific concentration limits. It is generally prohibited from acquiring more than 10% of the voting shares of any single company, nor can it allocate over 5% of its entire asset base to the securities of a lone issuer. An exception to these rules applies if such investments are necessary to accurately replicate the composition of its benchmark index. These restrictions do not, however, extend to obligations issued by the U.S. government or its associated entities.
Key Facts
52-Week Range
Performance
Sector Exposure
- Basic Materials7.02%
- Cash & Others8.96%
- Communication Services5.76%
- Consumer Cyclical8.70%
- Consumer Defensive3.12%
- Energy3.61%
- Financial Services16.77%
- Healthcare3.42%
- Industrials6.78%
- Real Estate1.78%
- Technology31.64%
- Utilities2.43%
Top Holdings
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| 2330.TW | Taiwan Semiconductor Manufacturing Co Ltd | 14.69% | $24.94B |
| — | SLCMT1142 | 3.09% | $5.26B |
| 0700.HK | Tencent Holdings Ltd | 2.75% | $4.66B |
| 9988.HK | Alibaba Group Holding Ltd | 2.26% | $3.85B |
| 2454.TW | MediaTek Inc | 1.63% | $2.76B |
| — | MKTLIQ 12/31/2049 | 1.46% | $2.48B |
| 2308.TW | Delta Electronics Inc | 1.20% | $2.05B |
| 2317.TW | Hon Hai Precision Industry Co Ltd | 0.91% | $1.54B |
| RELIANCE.BO | Reliance Industries Ltd | 0.77% | $1.31B |
| 0939.HK | China Construction Bank Corp | 0.77% | $1.31B |
| HDFCBANK.NS | HDFC Bank Ltd | 0.72% | $1.23B |
| ICICIBANK.NS | ICICI Bank Ltd | 0.57% | $966.51M |
| 1398.HK | Industrial & Commercial Bank of China Ltd | 0.55% | $935.37M |
| PDD | PDD HOLDINGS INC | 0.52% | $890.01M |
| 3711.TW | ASE Technology Holding Co Ltd | 0.51% | $865.69M |
| 1810.HK | Xiaomi Corp | 0.50% | $856.48M |
| VALE3.SA | Vale SA | 0.48% | $816.37M |
| BHARTIARTL.BO | Bharti Airtel Ltd | 0.47% | $789.87M |
| — | Al Rajhi Bank | 0.42% | $720.24M |
| 3690.HK | Meituan | 0.42% | $717.92M |
| 2318.HK | Ping An Insurance Group Co of China Ltd | 0.41% | $688.20M |
| ANG.JO | Anglogold Ashanti Plc | 0.39% | $667.42M |
| 2383.TW | Elite Material Co Ltd | 0.38% | $639.41M |
| 3988.HK | Bank of China Ltd | 0.37% | $630.11M |
| 9999.HK | NetEase Inc | 0.36% | $619.14M |