Vanguard Materials Index Fund ETF Shares Holdings

VAWETF · NYSE Arca

$228.83

-$3.86 (-1.66%)

EOD Nov 3, 2026

VAW holds 110 stocks and 4 other positions (cash and equivalents, derivatives). The largest is Linde plc at 15.25%, and the ten largest make up 57.9% of assets. Holdings as of Sep 30, 2026.

Quality of what it owns

Stock weight by each holding's Quality score

Dividend strength of what it owns

Stock weight by each holding's Dividend score: five years of payments, payout ratio, growth

All 110 stocks

Weight as a share of the fund's assets, Sep 30, 2026

VAW holdings by weight
#	Company	Sector
1	Linde plcLIN	Materials	15.25%	1.21%	49	68
2	Newmont CorporationNEM	Materials	8.47%	0.99%	88	46
3	Freeport-McMoRan Inc.FCX	Materials	6.99%	0.99%	36	51
4	The Sherwin-Williams CompanySHW	Consumer Discretionary	5.12%	0.95%	64	81
5	Ecolab Inc.ECL	Consumer Staples	4.83%	0.93%	65	73
6	Air Products and Chemicals, Inc.APD	Materials	4.03%	2.26%	6	47
7	CRH plcCRH	Materials	3.84%	1.56%	61	69
8	Corteva Inc.CTVA	Materials	3.61%	5.92%	80	69
9	Nucor CorporationNUE	Materials	3.60%	0.84%	30	76
10	Vulcan Materials CompanyVMC	Materials	2.20%	0.70%	57	71
11	Steel Dynamics Inc.STLD	Materials	2.11%	0.85%	31	80
12	Martin Marietta Materials, Inc.MLM	Materials	2.00%	0.60%	61	71
13	PPG Industries Inc.PPG	Materials	1.61%	2.28%	67	76
14	Smurfit WestRock PLCSW	Materials	1.61%	4.14%	46	47
15	International Flavors & Fragrances Inc.IFF	Materials	1.44%	1.77%	33	18
16	Packaging Corporation of AmericaPKG	Materials	1.42%	1.94%	39	50
17	Royal Gold Inc.RGLD	Real Estate	1.39%	0.67%	42	54
18	Dow Inc.DOW	Materials	1.38%	5.10%	8	25
19	Reliance Inc.RS	Consumer Discretionary	1.36%	n/a	30	0
20	Amcor plcAMCR	Consumer Discretionary	1.34%	5.50%	53	53
21	Amrize Ltd.AMRZ	Materials	1.29%	n/a	36	0
22	Coeur Mining, Inc.CDE	Materials	1.26%	n/a	78	0
23	CF Industries Holdings, Inc.CF	Materials	1.23%	1.86%	51	66
24	International Paper CompanyIP	Materials	1.16%	5.26%	25	25
25	LyondellBasell Industries N.V.LYB	Materials	1.03%	5.48%	39	63

1-25 of 110

rows

Other positions (4)

Part of the fund's official holdings list, but not companies: cash, money market funds, futures and the like.

VAW positions other than stocks
Position	Type	Weight
Slbbh1142	Cash and equivalents	0.59%
Trs:Air Products & Chemicals Inc Usd 2027-Aug-31	Derivative	0.17%
Mktliq	Cash and equivalents	0.13%
US Dollar	Cash and equivalents	0.00%

Concentration

How much of the fund sits in its largest stocks

VAW holdings questions

How many stocks does VAW hold?+

110 stocks as of Sep 30, 2026, plus 4 cash or money-market lines worth 0.88% of assets.

What is VAW's largest holding?+

Linde plc (LIN) at 15.25% of the fund. The ten largest positions add up to 57.9%.

Which sectors does VAW invest in most?+

Materials (81.8%), Consumer Discretionary (8.3%), Consumer Staples (4.9%).

How often does VAW change its holdings?+

In its last fiscal year the fund's turnover was 5%. Weights move every day with prices, so this list shows the weights on Sep 30, 2026.

More on VAW: Overview · Dividend history

Holdings: the fund's own holdings list, published by Vanguard, as of Sep 30, 2026. Checked against the fund's SEC Form N-PORT for May 31, 2026: 107 of these 110 stocks are in that filing too (the rest changed through trading since, such as the index's yearly rebalance). Quality and Dividend scores and yields: computed by Intrinsiqq from each company's SEC filings and today's price.