ATLASVanguard Emerging Markets Ex-China ETF (VEXC): outlook, holdings and fees
Vanguard Emerging Markets Ex-China ETF (VEXC) is an exchange-traded fund and is managed by Vanguard. The expense ratio is 0.07% and the yield is 2.00%. The ten largest holdings are 34% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on VEXC
| Last price | $90.11 (+1.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $87.41 – $93.67 |
| Normal 1-day range (±1σ) | ±1.2% |
| Distribution yield | 2.00% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
VEXC fund facts
| Issuer | Vanguard |
|---|---|
| Theme | China |
| Assets under management | $285M |
| Expense ratio | 0.07% |
| Number of holdings | 47 |
| Inception | Sep 30, 2025 |
| Exchange | NYSE |
The fund manager employs an indexing investment approach designed to track the performance of the index, a market-capitalization weighted index that is made up of approximately 1,012 common stocks of large- and mid-cap companies located in emerging markets around the world, excluding China, as of August 29, 2025.
VEXC top holdings
| Holding | Sector | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | Technology | 23.27% |
| MediaTek Inc 2454 | Technology | 2.24% |
| Delta Electronics Inc 2308 | Technology | 1.46% |
| Hon Hai Precision Industry Co Ltd 2317 | Technology | 1.23% |
| Reliance Industries Limited RELIANCE | Energy | 1.16% |
| HDFC Bank Limited HDFCBANK | Financial Services | 1.04% |
| ICICI Bank Limited ICICIBANK | Financial Services | 1.03% |
| ASE Industrial Holding Co Ltd 3711 | Technology | 0.75% |
| Bharti Airtel Limited BHARTIARTL | Communication Services | 0.74% |
| AngloGold Ashanti plc AU | Basic Materials | 0.71% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
VEXC sector breakdown
| Sector | Weight |
|---|---|
| Technology | 40.6% |
| Financial Services | 21.4% |
| Basic Materials | 7.9% |
| Industrials | 6.6% |
| Consumer Cyclicals | 5.1% |
| Energy | 4.7% |
| Communication Services | 3.3% |
| Utilities | 3.2% |
| Consumer Defensive | 3.1% |
| Healthcare | 2.5% |
| Real Estate | 1.5% |
By region: Asia Developed 44.0%, Asia Emerging 27.4%, Africa/Middle East 13.0%, Latin America 10.6%, Europe Emerging 2.4%.
VEXC returns and risk
| Year to date | +26.2% |
|---|---|
| 1 year | +29.6% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
VEXC: frequently asked questions
What does VEXC invest in?
Vanguard Emerging Markets Ex-China ETF invests in a portfolio of securities. Its largest holdings are Taiwan Semiconductor Manufacturing Co. Ltd. (23.3%), MediaTek Inc (2.2%), Delta Electronics Inc (1.5%), Hon Hai Precision Industry Co Ltd (1.2%), Reliance Industries Limited (1.2%).
What is the VEXC expense ratio?
0.07% a year: about $7.00 for every $10,000 invested.
What is the VEXC dividend yield?
2.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will VEXC go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $87.41 to $93.67 from $90.11 today. It is a probability, not a prediction.
How has VEXC performed?
Year to date +26.2%, one year +29.6%. Past returns do not guarantee future results.
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- iShares China Large-Cap ETF (FXI)
- Columbia EM Core ex-China ETF (XCEM)
- Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR)
- Avantis Emerging Markets ex-China Equity ETF (AVXC)
- SPDR S&P China ETF (GXC)
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Educational information, not investment advice. Disclaimer