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daily · indexed (100 = shared start)

Emerging vs developed markets

Are emerging markets outperforming the developed world, or falling behind?

Emerging − developed-18.6%
Data through 23 Jul 2026
0.0050.0100.0150.0200.0250.0300.0Jul 2007May 2011Feb 2015Dec 2018Sep 2022Jul 2026
Emerging markets (VWO)
Developed markets (VEA)
Emerging vs developed markets: summary statistics (Max range)
SeriesFirstLatestMinMax
Emerging markets (VWO)100.0210.740.6222.1
Developed markets (VEA)100.0258.943.0268.6
Source:Yahoo FinanceVWOVEA· Data may be revised by the source.
FormulaVWO and VEA adjusted close indexed to 100 at the shared start
Methodology

VWO (emerging markets) and VEA (developed markets ex-US), both daily, rebased to 100 at their shared start. Uses split- and dividend-adjusted close. VWO above VEA means the higher-risk emerging block is being rewarded; the gap is the emerging-minus-developed premium over the window.

Source series
VWOEmerging markets (VWO)indexed (100 at base)daily · Not seasonally adjustedVEADeveloped markets (VEA)indexed (100 at base)daily · Not seasonally adjusted
Freshness
Data through
23 Jul 2026
Last refreshed
24 Jul 2026
Native frequency
daily

The site is refreshed separately from the source. Data through = the latest observation published by Yahoo Finance; last refreshed = when PIER20 last fetched the file.

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