ETF comparison

VAWvsXLB

Both Materials.

Vanguard Materials Index Fund ETF Shares · State Street Materials Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
71.5%

25 positions appear in both funds. Buying equal dollars of VAW and XLB would leave roughly71.5%of each dollar exposed to the same underlying securities.

VAW only 28.3%Shared 71.5%XLB only 28.3%
In VAW only
85 positions
Shared
25 positions
In XLB only
2 positions

Side by side

VAW

Vanguard Materials Index Fund ETF Shares

Vanguard · Materials

79composite / 100
Expense ratio
0.090%
Net assets
$4.54B
TTM yield
1.39%
Top-10 conc.
55.4%
XLB

State Street Materials Select Sector SPDR ETF

State Street · Materials

82composite / 100
Expense ratio
0.080%
Net assets
$8.75B
TTM yield
1.67%
Top-10 conc.
58.4%

Sub-score comparison

91
Cost
92
83
Tax efficiency
82
85
Liquidity
97
35
Concentration
31
Tracking quality
VAWsub-scoreXLB

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

XLB is 1 bps cheaper than VAW. On a $100,000 position that's about $10/yr more in fees for VAW.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with VAW vs XLB.

Top shared holdings

25 shared in total
#HoldingIn VAWIn XLBOverlap
1Linde PLC14.92%14.06%14.06%
2Newmont Corp7.69%5.84%5.84%
3Freeport-McMoRan Inc6.06%5.30%5.30%
4CRH PLC4.68%4.67%4.67%
5Sherwin-Williams Co/The4.59%4.94%4.59%
6Ecolab Inc4.19%4.73%4.19%
7Air Products and Chemicals Inc3.81%4.62%3.81%
8Nucor Corp3.67%3.88%3.67%
9Corteva Inc3.40%4.96%3.40%
10Vulcan Materials Co2.40%4.72%2.40%
11Steel Dynamics Inc2.32%3.73%2.32%
12Martin Marietta Materials Inc2.25%4.55%2.25%

Only in VAW

85 total
  • Amrize Ltd1.74%
  • DuPont de Nemours Inc1.30%
  • Alcoa Corp1.29%
  • Coeur Mining Inc1.28%
  • Reliance Inc1.28%
  • Royal Gold Inc1.22%
  • RPM International Inc0.87%
  • Solstice Advanced Materials Inc0.86%
  • Hecla Mining Co0.76%
  • Crown Holdings Inc0.70%

Only in XLB

2 total
  • DuPont de Nemours Inc2.48%
  • State Street Global Advisors0.00%

Open VAW or XLB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.