Basic Fund Data
Fund Provider:	Vanguard Group
Asset Class:	Equity
Fund Category:	Emerging Markets
Ticker:	VWO
Expense Ratio:	0.27%
Fund Category Expense Ratio Average:	0.62%
Options:	Yes
Fund Inception Date:	03-04-2005
Fund Structure:	Open-Ended
Fund Weighting Restrictions:	Diversified Fund Rules
Fund Tracking Method:	Full Replication
Dividend Payment Frequency:	Annually
Basic Index Data
Index Name:	MSCI Emerging Markets
Index Provider:	MSCI Barra
No of Index Holdings:	500-1,500
Explanation of Index Strategy
Security Selection Category:	Passive
Security Selection Method:	Geographic Region
Security Selection Frequency:	Ongoing
Index Weighting Category:	Capitalization
Index Weighting Method:	Free Float
Index Weighting Frequency:	Daily

Market Price Return
1-Year:	19.53%
3-Year annualized:	-1.55%
5-Year annualized:	12.57%
10-Year annualized:
Annual Performance History
2010:	-6.81
2009:	76.28
2008:	-52.85
2007:	39.08%
2006:	29.33%
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 05/31/10

Fundamentals
Assets MM:	$23949.4
P/E Ratio:	12.88
P/B Ratio:	2.16
Median Market Cap:	$16303.03
12-month yield:	1.43%
Data as of 05/31/10

Risk / 3-Year Average
Alpha:	1.18
Beta:	1.44
Standard Deviation:	9.8
Sharpe Ratio:	-0.09
Data as of 05/31/10

Index Snapshot:

The Vanguard Emerging Markets ETF (Ticker: VWO) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Emerging Markets Index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance of 25 emerging markets. Those countries include Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey. The fund manager uses a sampling technique that includes approximately 850 companies. The fund does not hedge currency risk.