Fund Evaluator:

Vanguard Emerging Mkts Stock Idx Inv Overview

Vanguard Emerging Mkts Stock Idx Inv (VEIEX) is a passively managed International Equity Diversified Emerging Mkts fund. Vanguard launched the fund in 1994.

The investment seeks to track the performance the FTSE Emerging Markets All Cap China A Inclusion Index. The index measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach designed to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index. It invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the index in terms of key characteristics.

About Vanguard Emerging Mkts Stock Idx Inv (VEIEX)

There are 3 members of the management team with an average tenure of 9.85 years: Jeffrey Miller (2016), John Kraynak (2025), Michael Perre (2008). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: FTSE Global All Cap ex US TR USD index with a weighting of 100% and FTSE EMs AC China A Incl (US RIC) NR USD index with a weighting of 100%. Vanguard Emerging Mkts Stock Idx Inv has 5077 securities in its portfolio. The top 10 holdings constitute 26.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Vanguard Emerging Mkts Stock Idx Inv is part of the Equity global asset class and is within the International Equity fund group. Vanguard Emerging Mkts Stock Idx Inv has 94.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.9%. There is 94.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Vanguard Emerging Mkts Stock Idx Inv has 4.9% of the portfolio in cash.

Assets Under Management

The fund has $70 million in total assets, which is below the $1 billion average for the Diversified Emerging Mkts category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

VEIEX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Vanguard Emerging Mkts Stock Idx Inv expense ratio is below average compared to funds in the Diversified Emerging Mkts category. Vanguard Emerging Mkts Stock Idx Inv has an expense ratio of 0.29%, which is 75% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Vanguard Emerging Mkts Stock Idx Inv has a portfolio turnover rate of 6%, indicating that holds its assets around 0.2 years. By way of comparison, the average portfolio turnover is 68% for the Diversified Emerging Mkts category.

Recently, in the month of June 2026, Vanguard Emerging Mkts Stock Idx Inv returned -0.1%, which earned it a grade of C, as the Diversified Emerging Mkts category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Vanguard Emerging Mkts Stock Idx Inv has a trailing yield of 2.16%, which is above the 1.58% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Vanguard Emerging Mkts Stock Idx Inv Grades

Year to date, the fund has returned 11.1%, 14.6 percentage points worse than the category, which translates into a grade of F. The fund has returned 23.8% over the past year (grade of F), 16.9% over the past three years (grade of F) and 4.9% per year over the past five years (grade of D) and 8.3% per year over the past 10 years (grade of D).

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