Skip to content
← All ETFs
VWOB

Vanguard USD Emerging Markets Government Bond ETF

Tracks the Bloomberg USD Emerging Markets Government RIC Capped Index. USD-denominated government bonds from emerging market issuers. Higher yield than US Treasuries with additional credit and geopolitical risk.

TER
0.20%
AUM
$5B
CAGR
4.0%
Volatility
8.9%
Max Drawdown
-25.0%
Data Range
2013-06 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD-0.0%
Worst DD-25.0%
Worst date2022-10

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return3.0%
Best12.4%
Worst-6.8%
% positive74%
119 periods

Key Facts

ISIN
US9220427754
Issuer
Vanguard
Benchmark
Bloomberg USD Emerging Markets Government RIC Capped Index
Total Expense Ratio (TER)
0.20%
Assets Under Management
$5B approx.
Inception Date
2013-05-31
Domicile
US
Legal Structure
Open-End Fund
Dividend Policy
Distributing (pays dividends)
Replication Method
Physical (Optimized Sampling)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NASDAQ
Number of Holdings
~700

Top 10 Holdings

Top 10 represent 10.7% of the fund.

1
MEX-GOVMexico Government 4.75% 2032
1.50%
2
SAU-GOVSaudi Arabia 3.625% 2032
1.30%
3
IDN-GOVIndonesia Government 4.20% 2035
1.20%
4
TUR-GOVTurkey Government 5.75% 2034
1.10%
5
PHL-GOVPhilippines Government 3.95% 2040
1.05%
6
QAT-GOVQatar Government 3.75% 2030
1.00%
7
COL-GOVColombia Government 4.50% 2034
0.95%
8
CHL-GOVChile Government 3.50% 2033
0.90%
9
PAN-GOVPanama Government 3.87% 2060
0.85%
10
URY-GOVUruguay Government 4.375% 2031
0.80%

Sector Breakdown

EM Government
95%
EM Corporate
5%

Source: Official issuer data · Last updated: 2026-04-14

Backtest this ETFOfficial Fund Page

Who Is This ETF For?

Portfolio stabilizer and income generator. Reduces overall portfolio volatility when paired with equities.
Investors seeking growth exposure to emerging economies (China, India, Brazil, Taiwan, etc.).

Key Risks to Consider

Political and currency risk in emerging markets. Higher volatility than developed markets.

Interest rate risk: bond prices fall when rates rise.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

Related Tools

Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), Vanguard (metadata)Last verified: 2026-04-14