The Vanguard FTSE Emerging Markets ETF (VWO) and SPDR Portfolio Developed World ex-US ETF (SPDW) are international equity ETFs with varying focuses. SPDW boasts a lower expense ratio, higher dividend yield, and one-year return compared to VWO. SPDW holds 2,413 companies across developed international markets, with financial services, industrials, and technology as its largest sectors.

VWO leans towards emerging markets with significant stakes in technology, financial services, and consumer cyclical sectors. Its top holdings are Taiwan Semiconductor, Tencent Holdings, and Alibaba Group, with Taiwan Semiconductor accounting for over 10% of assets. Investors in the U.S. should be aware of the risks of investing in these ETFs compared to U.S.-centered funds.

SPDW features European companies in its top holdings, while VWO focuses on Asian companies. U.S. investors should monitor data and events in the relevant foreign country or continent to better understand each ETF’s associated companies and stocks. VWO offers a tech-focused exposure with TSMC as a top holding, while SPDW is a more balanced, cheaper option with a higher dividend yield.

Read more at Yahoo Finance: How Does a Emerging Markets ETF Fair Against a Developed World Fund?