VWOBVanguard Emerging Markets Government Bond ETF
VWOB Fund Description
VWOB tracks a market value weighted index of emerging market sovereign debt, denominated in USD.
VWOB Factset Analytics Insight
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. The fund sees significant daily volume, though retail investors will encounter sizeable spreads at times, and the underlying basket has some illiquid components that may pose obstacles to block trades. The fund charges a low expense ratio and tracking is generally solid, though it shows significant volatility at times.
VWOB MSCI ESG Analytics Insight
Vanguard Emerging Markets Government Bond ETF has an MSCI ESG Fund Rating of BB based on a score of 3.25 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Vanguard Emerging Markets Government Bond ETF ranks in the 6th percentile within its peer group and in the 61st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
VWOB Summary Data
VWOB Portfolio Data
VWOB Index Data
VWOB Portfolio Management
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VWOB Fund Structure
VWOB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of VWOB. VWOB is rated a N/A out of 5.