Vanguard Materials Index Fund ETF Shares

Vanguard·Tracks MSCI US Investable Market Materials 25/50 Index·Inception Jan 26, 2004

Expense ratio
0.090%
9.0 bps
Net assets
$4.54B
TTM yield
1.39%
Last price
$227.71
as of Sep 10, 2026

Composite score

79/ 100
Cost91

Based on a 0.090% expense ratio.

Liquidity85

Based on $4.54B in net assets.

Concentration35

Top-10 holdings represent 55.4% of net assets.

Tax efficiency83

Materials base · ETF wrapper · 1.39% 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. Seemethodologyfor formulas, thetracking-qualitypartial-coverage rationale, and the dimensions we deliberatelydon't score(methodology v0.5.1).

Use VAW in our tools

Top holdings

112 total holdings· as of May 31, 2026
#HoldingWeight
1Linde PLC14.92%
2Newmont Corp7.69%
3Freeport-McMoRan Inc6.06%
4CRH PLC4.68%
5Sherwin-Williams Co/The4.59%
6Ecolab Inc4.19%
7Air Products and Chemicals Inc3.81%
8Nucor Corp3.67%
9Corteva Inc3.40%
10Vulcan Materials Co2.40%

Compare VAW with another fund

Or skim the closest-overlap funds below.

Similar ETFs by holdings overlap

Open VAW at a brokerage

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 sourced fromSEC Form N-PORT-P(accession 0000052848-26-000881).