Vanguard Materials ETF

$VAW · Vanguard · tracks MSCI US IMI Materials 25/50 Index · since 2004

Dividend yield

1.86%

Expense ratio

0.10%

Assets

$3.4B

Weighted P/E

22.6x

About VAW

All-cap U.S. materials sector exposure including chemicals, industrial gases, metals & mining, and packaging. VAW is sensitive to industrial demand and commodity cycles.

Top holdings

Linde plc$LIN Sherwin-Williams$SHW Ecolab Inc.$ECL Air Products & Chemicals$APD Freeport-McMoRan$FCX Newmont Corp.$NEM Nucor Corp.$NUE Dow Inc.$DOW Martin Marietta Materials$MLM Vulcan Materials$VMC

Sector exposure

Specialty Chemicals32.4%
Industrial Gases24.6%
Metals & Mining18.4%
Construction Materials12.6%
Containers & Packaging8.2%
Other3.8%

How StockWorthy analyses VAW

ETFs hold companies rather than generating cash flow themselves, so VAW is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 1.92% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.