VanguardNatural ResourcesVAW · NYSE Arca

Vanguard Materials ETF (VAW)

Compare Materials & Natural Resources ETFs Compare with others

Price: $228.45; —11 Sept 2026
Assets: $4.5B; Total net assets
Expense ratio: 0.09%; Category 0.87%
Yield: 1.34%; Trailing distributions

1Y return: 10.3%-18.1%; Category 28.5%
3Y CAGR: 10.2%-3.8%; Category 14.0%
5Y CAGR: 6.3%-1.7%; Category 8.0%

Loading NAV history…

Vanguard Materials ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-3.0%	-2.5%	+3.5%	+10.9%	+10.3%	+10.2%	+6.3%	+10.0%	+9.0%
Natural Resources average	-1.6%	-1.6%	3.0%	12.3%	28.5%	14.0%	8.0%	11.3%	11.7%
Difference	-1.4%	-0.9%	+0.5%	-1.5%	-18.1%	-3.8%	-1.7%	-1.3%	-2.8%

Holdings

The 10 largest positions make up 56.6% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
LIN	Linde PLC	15.08%
NEM	Newmont Corp	6.88%
FCX	Freeport-McMoRan Inc	6.12%
SHW	Sherwin-Williams Co	5.45%
ECL	Ecolab Inc	4.80%
CRH	CRH PLC	4.33%
APD	Air Products and Chemicals Inc	4.06%
NUE	Nucor Corp	3.89%
CTVA	Corteva Inc	3.59%
VMC	Vulcan Materials Co	2.38%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 22.7
P/B: 2.9
P/S: 1.9
P/CF: 13.5

Sector allocation

Share of the equity the fund holds.

Materials88.6%
Consumer discretionary10.1%
Industrials0.7%
Health care0.6%
Consumer staples0.0%
Energy0.0%

Asset mix

Stocks99.5%
Cash0.3%
Other0.2%

ETF details

Issuer: Vanguard
Category: Equity · Natural Resources
Ticker: VAW
Exchange: NYSE Arca
Inception: 26 Jan 2004 (22.6 years)
Structure: Exchange Traded Fund
Expense ratio: 0.09% (category 0.87%)
Holdings turnover: 7% (category 44%)
Distribution yield: 1.34%
Beta, 3 years: 0.92
Total net assets: $4.5B

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other natural resources ETFs

Other ETFs in the Natural Resources category.

Compare Materials & Natural Resources ETFs