ETF comparison
VAWvsXME
Both Materials.
Vanguard Materials Index Fund ETF Shares · State Street SPDR S&P Metals & Mining ETF
Holdings overlap
27 positions appear in both funds. Buying equal dollars of VAW and XME would leave roughly23.9%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
VAW is 26 bps cheaper than XME. On a $100,000 position that's about $260/yr more in fees for XME.
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 XME.
Top shared holdings
27 shared in total| # | Holding | In VAW | In XME | Overlap |
|---|---|---|---|---|
| 1 | Freeport-McMoRan Inc | 6.06% | 4.26% | 4.26% |
| 2 | Newmont Corp | 7.69% | 4.24% | 4.24% |
| 3 | Nucor Corp | 3.67% | 3.74% | 3.67% |
| 4 | Steel Dynamics Inc | 2.32% | 3.60% | 2.32% |
| 5 | Alcoa Corp | 1.29% | 3.35% | 1.29% |
| 6 | Coeur Mining Inc | 1.28% | 4.46% | 1.28% |
| 7 | Reliance Inc | 1.28% | 3.99% | 1.28% |
| 8 | Royal Gold Inc | 1.22% | 4.26% | 1.22% |
| 9 | Hecla Mining Co | 0.76% | 4.62% | 0.76% |
| 10 | MP Materials Corp | 0.59% | 4.41% | 0.59% |
| 11 | Commercial Metals Co | 0.54% | 3.59% | 0.54% |
| 12 | Cleveland-Cliffs Inc | 0.50% | 3.18% | 0.50% |
Only in VAW
83 total- Linde PLC14.92%
- CRH PLC4.68%
- Sherwin-Williams Co/The4.59%
- Ecolab Inc4.19%
- Air Products and Chemicals Inc3.81%
- Corteva Inc3.40%
- Vulcan Materials Co2.40%
- Martin Marietta Materials Inc2.25%
- Amrize Ltd1.74%
- PPG Industries Inc1.63%
Only in XME
13 total- Uranium Energy Corp4.76%
- Centrus Energy Corp4.60%
- Core Natural Resources Inc3.69%
- Peabody Energy Corp3.37%
- Hycroft Mining Holding Corp2.68%
- Idaho Strategic Resources Inc0.68%
- Contango Silver & Gold Inc0.65%
- Ur-Energy Inc0.63%
- American Battery Technology Co0.53%
- REalloys Inc0.52%
Open VAW or XME 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.