Exchange-traded fund
Vanguard Emerging Markets Stock Index Fund
TickerVWO
Fund manager
Vanguard
Military weapon grade: Fund is invested in major military contractors and/or nuclear weapons, above the threshold of 3%; or, fund is invested in cluster munitions manufacturers. Assigned a grade of F.
How we track weapon investments
F
$381.53 MILLION
Military weapons
6
military weapon stocks found
0.38%
of assets flagged
Data as of 3/31/23
  For each weapons category, we show the fund's exposure. Click a category to see the breakdown of companies. When calculating a portfolio's exposure to a screen list, we only consider long investments, ignoring any shorts or liabilities.
Military weapons
Major military contractors
Major military contractors
Top 100 military contractors
3
holdings
$122.11M
invested
0.12%
of portfolio
Cluster munitions
Cluster munitions
Manufacturers of weapons banned in 100+ countries
2
holdings
$5.37M
invested
<0.01%
of portfolio
Nuclear weapons
Nuclear weapons
Manufacturers/servicers of nuclear armaments
2
holdings
$257.34M
invested
0.26%
of portfolio
Military weapon companies
6 holdings
6 holdings
  • 1. Larsen & Toubro Ltd
    Nuclear weapons
    $254.05M
    0.25%
  • 2. Bharat Electronics Ltd
    Major military contractors
    $55.32M
    0.06%
  • 3. Hindustan Aeronautics Ltd Ordinary Shares
    Major military contractors
    $43.71M
    0.04%
  • 4. Aselsan Elektronik Sanayi Ve Ticaret AS
    Major military contractors
    $23.08M
    0.02%
  • 5. Bharat Dynamics Ltd Ordinary Shares
    Cluster munitionsNuclear weapons
    $3.28M
    <0.01%
See all
Civilian firearm manufacturers and retailers

We also track investments in civilian firearm manufacturers and retailers raking in billions in handgun, assault rifle, and ammunition sales. Gun Free Funds is made for people looking to align their investments with their values by moving money out of companies that make and sell guns.

Vanguard Emerging Markets Stock Index Fund $VWO is 0.38% invested in military weapon stocks, with $381.53 MILLION invested across 6 equity holdings
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Financial performance
Performance data provided byMorningstarFind more financial data on VWO at Morningstar.com
Current fund
VWO
Vanguard Emerging Markets Stock Index Fund
Family
Vanguard
Category
Diversified Emerging Mkts
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-1.88% less in annualized returns
Less invested in military weapons 
0.9% less invested
Less invested in major military contractors 
1.08% less invested
More invested in manufacturers of cluster munitions 
<0.01% more invested
Less invested in manufacturers/servicers of nuclear weapons 
0.62% less invested
Current fund
VWO
Vanguard Emerging Markets Stock Index Fund
Family
Vanguard
Category
Diversified Emerging Mkts
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-1.88% less in annualized returns
Less invested in military weapons 
0.9% less invested
Less invested in major military contractors 
1.08% less invested
More invested in manufacturers of cluster munitions 
<0.01% more invested
Less invested in manufacturers/servicers of nuclear weapons 
0.62% less invested
Current fund
VWO
Vanguard Emerging Markets Stock Index Fund
Family
Vanguard
Category
Diversified Emerging Mkts
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-1.88% less in annualized returns
Less invested in military weapons 
0.9% less invested
Less invested in major military contractors 
1.08% less invested
More invested in manufacturers of cluster munitions 
<0.01% more invested
Less invested in manufacturers/servicers of nuclear weapons 
0.62% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Military weapon weight
This fund
VWO - Vanguard Emerging Markets Stock Index Fund
-4.37%
6.14%
0.29%
2.01%
0.38% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
4.3%
9.82%
2.45%
3.89%
1.28% 
Fund compared to benchmark
 
-8.67%
-3.68%
-2.16%
-1.88%
0.9%  lower
Find more financial data on VWO at Morningstar.com
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