VAW
MaterialsVanguard Materials Index Fund ETF Shares
Vanguard · Tracks MSCI US Investable Market Materials 25/50 Index · Inception Jan 26, 2004
Trailing returns
through Nov 10, 2026- 1 year
- +15.8%
- 3 year
- +10.5%
- annualized
- 5 year
- +6.5%
- annualized
Price return from month-end closes, distributions reinvested at month end. Excludes trading costs, bid-ask spreads and taxes. Past performance says nothing about future returns and is not part of the composite score — see the methodology for what the score does measure.
Composite score
Based on a 0.090% expense ratio.
Based on $4.38B in net assets for the whole fund, all 2 share classes. Our sources don't report the ETF class alone.
Top-10 holdings represent 57.8% of net assets.
Materials base · ETF wrapper · 1.37% TTM yield.
The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. See methodology for formulas, the tracking-quality partial-coverage rationale, and the dimensions we deliberately don't score (methodology v0.5.2).
Look through VAW, or compare the fee
Tool · Look-through
Underlying holdings, with other funds added
Add tickers and weights; N-PORT positions are summed across the basket.
Tool · Cost
Compare VAW's fee against another fund
Compounds the 0.090% expense ratio against a peer over decades.
Tool · Overlap
Compare VAW's holdings with peers
Pairwise holdings heatmap, pre-loaded with similar Materials funds.
Tool · TLH
Find a tax-loss harvesting partner for VAW
Ranks every catalog fund by holdings overlap, flags wash-sale risk.
Tool · Placement
Asset location for VAW across account types
Asset-location optimizer — places each fund in taxable / tax-deferred / Roth.
Top holdings
| # | Holding | Weight |
|---|---|---|
| 1 | Linde PLC | 14.62% |
| 2 | Newmont Corp | 8.77% |
| 3 | Freeport-McMoRan Inc | 7.01% |
| 4 | Sherwin-Williams Co/The | 5.13% |
| 5 | Ecolab Inc | 4.64% |
| 6 | CRH PLC | 4.07% |
| 7 | Air Products and Chemicals Inc | 4.03% |
| 8 | Corteva Inc | 3.66% |
| 9 | Nucor Corp | 3.57% |
| 10 | Vulcan Materials Co | 2.27% |
Compare VAW with another fund
Or skim the closest-overlap funds below.
Similar ETFs by holdings overlap
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