Market proxy VWO$61.451D +0.76%as of market close, Sep 4, 2026
Emerging Markets monthly returns
Emerging Markets has averaged 0.67% per month, positive in 55% of months. Month-by-month returns for Emerging Markets (proxied by VWO, dividends reinvested) below, through September 4, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Average month
+0.7%
249 months
Best month
+17.9%
May 2009
Worst month
-27.3%
Oct 2008
Positive months
55%
of all months
Emerging Markets monthly returns#
| Month | Path | Total return |
|---|---|---|
| Sep 2026 | +1.5% | |
| Aug 2026 | +3.0% | |
| Jul 2026 | -1.6% | |
| Jun 2026 | -0.1% | |
| May 2026 | +1.6% | |
| Apr 2026 | +9.0% | |
| Mar 2026 | -7.0% | |
| Feb 2026 | +2.9% | |
| Jan 2026 | +5.0% | |
| Dec 2025 | +1.0% | |
| Nov 2025 | -1.2% | |
| Oct 2025 | +1.5% | |
| Sep 2025 | +5.7% | |
| Aug 2025 | +3.5% | |
| Jul 2025 | +0.7% | |
| Jun 2025 | +5.5% | |
| May 2025 | +3.9% | |
| Apr 2025 | -0.0% | |
| Mar 2025 | +1.3% | |
| Feb 2025 | +0.7% | |
| Jan 2025 | +0.8% | |
| Dec 2024 | -1.0% | |
| Nov 2024 | -2.1% | |
| Oct 2024 | -2.7% | |
| Sep 2024 | +7.3% | |
| Aug 2024 | +1.0% | |
| Jul 2024 | +1.2% | |
| Jun 2024 | +2.0% | |
| May 2024 | +2.2% | |
| Apr 2024 | +1.0% | |
| Mar 2024 | +1.9% | |
| Feb 2024 | +3.5% | |
| Jan 2024 | -3.6% | |
| Dec 2023 | +3.3% | |
| Nov 2023 | +7.1% | |
| Oct 2023 | -3.2% | |
| Sep 2023 | -2.5% | |
| Aug 2023 | -5.9% | |
| Jul 2023 | +5.9% | |
| Jun 2023 | +4.7% | |
| May 2023 | -3.0% | |
| Apr 2023 | -0.4% | |
| Mar 2023 | +2.6% | |
| Feb 2023 | -6.7% | |
| Jan 2023 | +8.3% | |
| Dec 2022 | -2.2% | |
| Nov 2022 | +14.3% | |
| Oct 2022 | -2.9% | |
| Sep 2022 | -10.1% | |
| Aug 2022 | -0.5% | |
| Jul 2022 | -0.8% | |
| Jun 2022 | -3.9% | |
| May 2022 | +0.5% | |
| Apr 2022 | -5.8% | |
| Mar 2022 | -3.3% | |
| Feb 2022 | -3.7% | |
| Jan 2022 | +0.4% | |
| Dec 2021 | +1.5% | |
| Nov 2021 | -2.9% | |
| Oct 2021 | +1.3% | |
| Sep 2021 | -3.4% | |
| Aug 2021 | +2.2% | |
| Jul 2021 | -5.9% | |
| Jun 2021 | +1.3% | |
| May 2021 | +1.7% | |
| Apr 2021 | +1.8% | |
| Mar 2021 | -0.7% | |
| Feb 2021 | +1.6% | |
| Jan 2021 | +3.1% | |
| Dec 2020 | +6.0% | |
| Nov 2020 | +8.6% | |
| Oct 2020 | +1.3% | |
| Sep 2020 | -1.2% | |
| Aug 2020 | +2.7% | |
| Jul 2020 | +8.6% | |
| Jun 2020 | +6.5% | |
| May 2020 | +3.3% | |
| Apr 2020 | +7.8% | |
| Mar 2020 | -17.0% | |
| Feb 2020 | -3.5% | |
| Jan 2020 | -5.5% | |
| Dec 2019 | +7.1% | |
| Nov 2019 | +0.5% | |
| Oct 2019 | +3.9% | |
| Sep 2019 | +0.9% | |
| Aug 2019 | -3.3% | |
| Jul 2019 | -1.8% | |
| Jun 2019 | +5.4% | |
| May 2019 | -6.4% | |
| Apr 2019 | +2.1% | |
| Mar 2019 | +2.3% | |
| Feb 2019 | -0.4% | |
| Jan 2019 | +9.7% | |
| Dec 2018 | -3.3% | |
| Nov 2018 | +4.8% | |
| Oct 2018 | -7.7% | |
| Sep 2018 | -1.3% | |
| Aug 2018 | -4.2% | |
| Jul 2018 | +4.0% | |
| Jun 2018 | -4.8% | |
| May 2018 | -2.3% | |
| Apr 2018 | -2.8% | |
| Mar 2018 | -0.2% | |
| Feb 2018 | -5.4% | |
| Jan 2018 | +8.6% | |
| Dec 2017 | +3.7% | |
| Nov 2017 | -0.3% | |
| Oct 2017 | +2.4% | |
| Sep 2017 | -0.5% | |
| Aug 2017 | +3.0% | |
| Jul 2017 | +5.3% | |
| Jun 2017 | +0.9% | |
| May 2017 | +1.0% | |
| Apr 2017 | +1.6% | |
| Mar 2017 | +2.8% | |
| Feb 2017 | +2.2% | |
| Jan 2017 | +5.8% | |
| Dec 2016 | -0.7% | |
| Nov 2016 | -4.1% | |
| Oct 2016 | +0.3% |
Monthly total return (since Oct 2021)#
-10%-5%0%5%10%
Oct 2021+1.3%
Nov 2021-2.9%
Dec 2021+1.5%
Jan 2022+0.42%2022
Feb 2022-3.7%
Mar 2022-3.3%
Apr 2022-5.8%
May 2022+0.46%
Jun 2022-3.9%
Jul 2022-0.79%
Aug 2022-0.46%
Sep 2022-10%
Oct 2022-2.9%
Nov 2022+14%
Dec 2022-2.2%
Jan 2023+8.3%2023
Feb 2023-6.7%
Mar 2023+2.6%
Apr 2023-0.4%
May 2023-3.0%
Jun 2023+4.7%
Jul 2023+5.9%
Aug 2023-5.9%
Sep 2023-2.5%
Oct 2023-3.2%
Nov 2023+7.1%
Dec 2023+3.3%
Jan 2024-3.6%2024
Feb 2024+3.5%
Mar 2024+1.9%
Apr 2024+0.96%
May 2024+2.2%
Jun 2024+2.0%
Jul 2024+1.2%
Aug 2024+0.97%
Sep 2024+7.3%
Oct 2024-2.7%
Nov 2024-2.1%
Dec 2024-1.0%
Jan 2025+0.82%2025
Feb 2025+0.74%
Mar 2025+1.3%
Apr 2025-0.02%
May 2025+3.9%
Jun 2025+5.5%
Jul 2025+0.69%
Aug 2025+3.5%
Sep 2025+5.7%
Oct 2025+1.5%
Nov 2025-1.2%
Dec 2025+0.95%
Jan 2026+5.0%2026
Feb 2026+2.9%
Mar 2026-7.0%
Apr 2026+9.0%
May 2026+1.6%
Jun 2026-0.15%
Jul 2026-1.6%
Aug 2026+3.0%
Sep 2026+1.5%
Methodology#
Monthly returns are total returns (dividends reinvested), computed from VWO's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Emerging Markets's average monthly return?
- Emerging Markets (proxied by VWO, dividends reinvested) has averaged about 0.67% per month, positive in roughly 55% of months. The best month was May 2009 (+17.9%) and the worst was Oct 2008 (-27.3%).
More on Emerging Markets
- Returns by year+14.4%
- Weekly returns+1.1%
- Trailing returns+22.7%
- YTD return+14.4%
- Drawdown from highAt high
All 7 Emerging Markets pages →By month for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100Tracked by VWO
