VAW ETF

Vanguard Materials Index Fund ETF seeks to replicate the MSCI US Investable Market Materials 25/50 Index, with a low expense ratio of 0.10%. AUM: $4.3 billion. The portfolio includes 119 stocks as of recently, with top holdings including Linde PLC and Sherwin-Williams, with emphasis on sub-sectors such as Specialty Chemicals and Industrial Gases. With an actual (and fair) forward P/E of circa 19-20x, and an IRR potential of circa 10-11% (in a base case), VAW is likely at least slightly undervalued.

The Vanguard Materials ETF (VAW) was launched on 01/26/2004, and is a passively managed exchange traded fund designed to offer broad exposure to the Materials - Broad segment of the equity market.

The Vanguard Materials ETF (VAW) was launched on 01/26/2004, and is a passively managed exchange traded fund designed to offer broad exposure to the Materials - Broad segment of the equity market.

A monthly article series reports industry metrics in materials. The basic materials sector is moderately overvalued based on 11-year averages. The construction materials industry still looks relatively attractive.

The materials sector is underowned and poised for growth as China's economy stabilizes and global infrastructure spending increases. Vanguard Materials Index Fund ETF Shares is a low-cost option to invest in the US materials market, with diversified holdings across 120 stocks. The VAW ETF's sector composition is heavy on chemicals and industrial gases, with exposure to various materials-related businesses, offering potential growth opportunities.

The construction materials industry has the highest value and quality ratings within its sector, while the mining and metals subsector is considered the most overvalued. Quick information on VAW, a potential alternative to XLB for investors with long-term goals.

Designed to provide broad exposure to the Materials - Broad segment of the equity market, the Vanguard Materials ETF (VAW) is a passively managed exchange traded fund launched on 01/26/2004.

The basic materials sector is overvalued by about 6% based on 11-year averages. Nevertheless, the construction materials industry is undervalued by about 17%. The subsector with the worst value score is mining/metals. Fast facts on Vanguard Materials Index Fund ETF Shares, a good alternative to Materials Select Sector SPDR® Fund ETF.

The Vanguard Materials Index Fund ETF Shares ETF's (NYSEARCA: VAW ) more than 10% year-to-date surge suggests materials stocks shined in 2023. However, a closer look at the matter shows that intra-sector performance is divided.