Vanguard FTSE Emerging Markets UCITS (VFEM)

That is kinda ugly..

I also find the exposure to China far too big.

Did you know that this fund holds millions in US treasury?  Isn't that weird that an emerging markets fund, where one thinks he is investing in emerging markets is actually helping the united states do quantitative easing? The fund would have to be called hedged to behave like this right? Otherwise the name is misleading.  Want to see it for yourself? Click for portfolio holdings. and then click on the bonds tab: https://investor.vanguard.com/etf/profile/portfolio/VWO/portfolio-holdings