Vanguard FTSE Emerging Markets ETF VWO

VWO delivers unmatched exposure to the fastest-growing economies, including China, India, Brazil, Taiwan, and South Korea — together home to well over a third of the world's population. India's weight in the index has surged from 8% to 22% since 2020, reflecting shifting growth dynamics. With a 0.08% expense ratio, it is slightly more expensive than BND but still competitive, roughly 30% costlier than SCHD's 0.06%. Emerging markets are widely expected to keep contributing an outsized share of global GDP growth in the years ahead, and VWO's volatility runs meaningfully higher than SCHD's, making it a riskier play. A 10% to 15% allocation is commonly recommended. Best for patient investors with 15-plus year horizons who can tolerate higher volatility for potentially greater returns.