Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
49.81
-0.57 (-1.13%)
Jun 16, 2026, 4:00 PM EST
Fund Assets162.82B
Expense Ratio0.13%
Min. Investment$3,000
Turnover6.00%
Dividend (ttm)1.19
Dividend Yield2.40%
Dividend Growth6.18%
Payout Frequencyn/a
Ex-Dividend DateDec 19, 2025
Previous Close50.38
YTD Return11.66%
1-Year Return27.55%
5-Year Return28.71%
52-Week Low39.50
52-Week High50.84
Beta (5Y)n/a
Holdings5077
Inception DateJun 23, 2006

About VEMAX

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.

Fund Family Vanguard
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol VEMAX
Share Class Admiral Shares
Index FTSE EM All Cap China A Inc NT (US RIC) TR

Performance

VEMAX had a total return of 27.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.24%.

Equivalent ETF

VEMAX has an equivalent ETF with the ticker symbol VWO, the Vanguard FTSE Emerging Markets ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.06% compared to 0.13% for VEMAX.

SymbolNameExpense Ratio
VWOVanguard FTSE Emerging Markets ETF0.06%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
VEMRXInstitutional Plus Shares0.05%
VEMIXInstitutional Shares0.06%
VEIEXInvestor Shares0.29%

Top 10 Holdings

28.33% of assets
NameSymbolWeight
Taiwan Semiconductor Manufacturing Company Limited233014.09%
Tencent Holdings Limited07003.14%
Slcmt1142n/a2.66%
Alibaba Group Holding Limited99882.46%
Mktliq 12/31/2049n/a1.37%
Delta Electronics, Inc.23081.13%
MediaTek Inc.24541.02%
Reliance Industries LimitedRELIANCE0.86%
China Construction Bank Corporation09390.82%
HDFC Bank LimitedHDFCBANK0.77%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 19, 2025$0.8518Dec 22, 2025
Sep 19, 2025$0.2261Sep 22, 2025
Jun 20, 2025$0.1095Jun 23, 2025
Mar 21, 2025$0.0333Mar 24, 2025
Dec 20, 2024$0.8802Dec 23, 2024
Sep 20, 2024$0.1063Sep 23, 2024
Full Dividend History