# Vanguard FTSE Emerging Markets UCITS ETF (VFEM) **Source:** https://fundology.uk/fund/vfem · ISIN IE00B3VVMM84 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, VFEM (Vanguard FTSE Emerging Markets UCITS ETF, ISIN IE00B3VVMM84) closed at £61.40 on the London Stock Exchange. Its ongoing charge is 0.17% a year (about £17 on £10,000). Over the five years to 30/09/2026 its total return was +39.5%, or +9.1% after UK CPIH inflation. ## Summary Vanguard FTSE Emerging Markets UCITS ETF is an exchange-traded fund (ETF) from Vanguard, launched in 2012. It tracks the FTSE Emerging Index — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.17% a year — about £17 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£61.40** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | VFEM | | ISIN | IE00B3VVMM84 | | Category | Emerging markets | | Type | ETF | | Provider | Vanguard | | Tracks | FTSE Emerging Index | | Income | Distributing | | Ongoing charge | 0.17% a year (£17 per £10,000) | | Fund size | £2.0bn | | Launched | 2012 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +14.64% | +11.04% | income reinvested | | 3 years | +52.25% | +37.39% | income reinvested | | 5 years | +39.53% | +9.07% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Vanguard FTSE Emerging Markets UCITS ETF in pounds (income reinvested to 10/07/2026, price only after): 2022 −7.2%, 2023 +1.5%, 2024 +14.3%, 2025 +16.2%; 2026 to 30/09/2026 +11.8%. Returns of Vanguard FTSE Emerging Markets UCITS ETF in pounds (income reinvested to 10/07/2026, price only after) over the 12 months to 30/09/2026: +13.7%; to 30/09/2025: +14.7%; to 30/09/2024: +16.8%; to 30/09/2023: −1.6%; to 30/09/2022: −6.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -7.2% | -15.0% | Income reinvested | | 2023 | +1.5% | -2.6% | Income reinvested | | 2024 | +14.3% | +10.4% | Income reinvested | | 2025 | +16.2% | +12.3% | Income reinvested | | 2026 to 30/09/2026 | +11.8% | +8.7% | Partly income reinvested | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.17% | -8.38% | | 3 years | 13.62% | -11.91% | | 5 years | 14.52% | -18.85% | ## Largest fall Volatility of Vanguard FTSE Emerging Markets UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 14.2% over 1 year, 13.6% over 3 years, 14.5% over 5 years. Largest fall of Vanguard FTSE Emerging Markets UCITS ETF since October 2021, in pounds (income reinvested to 10/07/2026, price only after): −18.8% from 12/11/2021 to 28/10/2022. The lowest 12-month return of Vanguard FTSE Emerging Markets UCITS ETF in pounds (income reinvested to 10/07/2026, price only after) since July 2021 was −14.3% (12 months to 28/10/2022); the highest was +36.4% (12 months to 17/04/2026). On 30/09/2026 the price of Vanguard FTSE Emerging Markets UCITS ETF was 2.0% below its highest weekly close since October 2021 (19/06/2026), in pounds (income reinvested to 10/07/2026, price only after). ## Charges compared with similar funds Ongoing charge of Vanguard FTSE Emerging Markets UCITS ETF 0.17% a year, as of 01/10/2026: 127 of the 140 other emerging-market share funds charge more, 0 the same and 13 less (share classes counted once). ## Funds tracking the same index 4 funds track FTSE Emerging Index, this one included and share classes counted once; their ongoing charges range from 0.17% to 0.22% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Franklin FTSE Emerging Markets UCITS ETF AccumUSD | — | +25.4% | — | — | | Franklin FTSE Emerging Markets UCITS ETF USD | — | — | — | — | | Vanguard FTSE Emerging Markets UCITS ETF (this fund) | 0.17% | +14.6% | +52.3% | +39.5% | | Vanguard FTSE Emerging Markets UCITS ETF AccumUSD | 0.22% | +14.6% | +52.3% | +39.6% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.17%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 31/08/2026): | Holding | Weight | |---|---| | TSMC | 16.84% | | Tencent | 3.30% | | Alibaba Group | 2.53% | | MediaTek | 1.66% | | Delta Electronics | 1.02% | | China Construction Bank | 1.00% | | Hon Hai Precision Industry | 0.88% | | Cash and cash equivalents | 0.85% | | Reliance Industries | 0.82% | | HDFC Bank | 0.78% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector Added up from the holdings Vanguard publishes, as of 31/08/2026. | Sector | Weight | |---|---| | Information Technology | 32.1% | | Financials | 21.2% | | Consumer Discretionary | 9.6% | | Materials | 7.6% | | Communication Services | 6.8% | | Industrials | 6.5% | | Energy | 4.0% | | Consumer Staples | 3.4% | | Other sectors | 7.7% | | Not classified | 0.9% | ### By country Added up from the holdings Vanguard publishes, as of 31/08/2026. | Country | Weight | |---|---| | Taiwan | 32.4% | | Hong Kong | 21.0% | | India | 15.6% | | China | 4.9% | | Brazil | 4.2% | | South Africa | 3.9% | | Saudi Arabia | 3.2% | | Mexico | 2.2% | | Other countries | 11.6% | | Not classified | 0.8% | ### By type of asset Added up from the holdings Vanguard publishes, as of 31/08/2026. | Type of asset | Weight | |---|---| | Equity | 99.0% | | Cash and money market | 0.8% | All 1,379 holdings: https://fundology.uk/fund/vfem/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.