Emerging Markets Equities
Data cutoff
Modeled fair value
VWO · Emerging Markets Broad Index
P10–P90P25–P75Median fair valueToday's market price = 100
Today’s price sits at the 7.0th percentile of modeled fair value — 93% of modeled scenarios put fair value above the market.
Axis widened to 40–150 to show the full modeled range; the published renderer axis of 40–140 would clip this distribution’s tails.
- Median fair value
- 116.7
- Upside to median
- +16.7%
- Last close
- $61.44
- Confidence
- high
index, market = 100
2026-09-04
82/100
Modeled returns
Return distributions, not point forecasts
Percentiles describe the spread of scenario outcomes under the stated method. The width of the range carries as much information as the midpoint.
One year
modeled- P90
- +25.1%
- P75
- +18.4%
- Median
- +10.5%
- P25
- +2.2%
- P10
- -3.7%
82% of modeled scenarios end positive.
valuation_gap_partial_convergence_plus_fundamental_carry_with_asset_specific_uncertainty
Three years, annualised
modeled- P90
- +16.4%
- P75
- +12.4%
- Median
- +8.9%
- P25
- +5.2%
- P10
- +1.8%
partial_fair_value_convergence_over_three_years_plus_fundamental_carry_with_asset_specific_uncertainty
Against the Treasury hurdle
- 1y Treasury
- 4.11%
- Expected excess
- +6.4%
- Basis
- direct
The one-year Treasury uses DGS1 on an investment basis; expected excess is modeled and not guaranteed.
Instruments
7 in this asset class
| Symbol | Valuation | Fair value | Last close | 1y modeled |
|---|---|---|---|---|
| VWO Emerging Markets Broad Index | +2.6Exceptionally cheap | 116.7 | $61.44 | +10.5% |
| EMXC Emerging Markets Ex-China | +2.6Exceptionally cheap | 116.7 | $101.12 | +10.5% |
| INDA India Index | +2.6Exceptionally cheap | 116.7 | $49.91 | +10.5% |
| EWZ Brazil Index | +2.6Exceptionally cheap | 116.7 | $37.86 | +10.5% |
| EWT Taiwan Index | +2.6Exceptionally cheap | 116.7 | $112.18 | +10.5% |
| EWY South Korea Index | +2.6Exceptionally cheap | 116.7 | $188.87 | +10.5% |
| EZA South Africa Index | +2.6Exceptionally cheap | 116.7 | $71.64 | +10.5% |