Key stats
About Vanguard Emerging Markets Government Bond ETF
Expense ratio
0.20%
Home page
Inception date
May 31, 2013
ISIN
US9219468850
VWOB limits its scope to USD-denominated emerging market debt. As a result, investors avoid (for better or worse) any direct impact from currency volatilities. The avoidance of locally-denominated issues limits the impact of currency volatilities on portfolio returns, though FX costs will still be an issue. Note that dollar-denominated debt doesn't imply a superior credit quality: Emerging market locally-denominated issues tend to carry higher credit ratings than USD-denominated debt. The fund also skews toward the longer end of the yield curve, resulting in longer maturity and higher sensitivity to changes in interest rates.
Classification
What's in the fund
Exposure type
Government
Corporate
Stocks0.17%
Finance0.09%
Government0.08%
Bonds, Cash & Other99.83%
Government78.90%
Corporate20.33%
Mutual fund0.60%