All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

VWO: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

VWO real return snapshot: after CPI-U inflation, VWO returned +13.87% over the past year and +4.86% YTD, with dividends reinvested. Since Mar. 10, 2005, VWO is up +133.47% in real purchasing-power return, or +4.05%/yr, and is currently āˆ’5.62% below its real total-return high on Jun. 22, 2026.

Data ending Fri Jul. 17, 2026

Thu 2005-03-10šŸ’¬ to Fri 2026-07-17 YTD
Return 		1 Year
Return
VWO × 		+4.86%
2026-07-17 		+13.87%
2026-07-17
Vanguard FTSE Emerging Markets Index Fund ETF Shares Exchange-Traded Fund

Returns

Thu 2005-03-10šŸ’¬ to Fri 2026-07-17 Overall
Return 		Exponential
Trendline
VWO × 		+133.47%
+4.05%/yr 		+1.92%/yr
(R2=0.350)
Vanguard FTSE Emerging Markets Index Fund ETF Shares Exchange-Traded Fund

Growth of $10,000

Thu 2005-03-10šŸ’¬ to Fri 2026-07-17 Start
Value 		End
Value
VWO × 		$10,000.00
2005-03-10 		$23,346.96
2026-07-17
Vanguard FTSE Emerging Markets Index Fund ETF Shares Exchange-Traded Fund

Annual Returns

Year VWO
2026 (YTD) +4.86%
2025 +22.34%
2024 +7.49%
2023 +5.73%
2022 āˆ’22.97%
2021 āˆ’5.40%
2020 +13.63%
2019 +18.05%
2018 āˆ’16.36%
2017 +28.76%
2016 +9.90%
2015 āˆ’16.43%
2014 āˆ’0.79%
2013 āˆ’6.35%
2012 +17.18%
2011 āˆ’21.09%
2010 +17.71%
2009 +71.64%
2008 āˆ’52.50%
2007 +31.91%
2006 +26.19%
2005 +20.67%

Drawdowns

Thu 2005-03-10šŸ’¬ to Fri 2026-07-17 Current
Drawdown 		Worst
Drawdown
VWO × 		āˆ’5.62%
from 2026-06-22 peak 		āˆ’68.42%
2008-11-20
from 2007-10-31 peak
Vanguard FTSE Emerging Markets Index Fund ETF Shares Exchange-Traded Fund

Rolling Returns

Period ending Fri 2026-07-17 1
Year 		2
Years 		3
Years 		5
Years 		10
Years
VWO × 		+13.87% +29.17%
+13.65%/yr 		+38.43%
+11.45%/yr 		+4.39%
+0.86%/yr 		+52.40%
+4.30%/yr
Vanguard FTSE Emerging Markets Index Fund ETF Shares Exchange-Traded Fund