Related: Sector Tilts Help This Smart Beta ETF Outperform

VWO holds over 4,600 stocks. China accounts for over 29% of the ETF’s weight while Taiwan and India combine for almost 28%. Overall, 24 emerging economies are represented in the ETF.

Although emerging markets exchange traded funds are among this year’s most prolific asset gatherers in the U.S., some market observers argue that emerging markets equities are under-owned by big investors and that the asset class has more room to rally.

For more information on the ETF market, visit our ETF performance reports category.

Tom Lydon’s clients own shares of VWO.