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ETFs

Vanguard Materials ETF

VAW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 26 2004
Expense Ratio
0.10%
Type
US Equities
Fund Owner
Vanguard
Volume (1m avg. daily)
$12,513,408
AUM
$2,792,199,089
Associated Index
MSCI US Investable Market Materials 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

LIN
Linde Plc.
14.33%
APD
Air Products & Chemicals Inc.
5.28%
FCX
Freeport-McMoRan Inc
4.88%
SHW
Sherwin-Williams Co.
4.54%
CTVA
Corteva Inc
3.71%
NUE
Nucor Corp.
3.58%
ECL
Ecolab, Inc.
3.40%
DOW
Dow Inc
3.35%
DD
DuPont de Nemours Inc
3.02%
NEM
Newmont Corp
2.88%
Invest with VAW

What is VAW?

Seeks to track the performance of a benchmark index that measures the investment return of stocks in the materials sector. Passively managed using a full-replication strategy when possible and a sampling strategy if regulatory constraints dictate. Includes stocks of companies that extract or process raw materials.

ETFs related toVAW

ETFs correlated to VAW include FMAT, XLB, RTM

VAW
Vanguard Group, Inc. - Vanguard Materials ETF
FMAT
Fidelity Covington Trust - Fidelity MSCI Materials Index ETF
XLB
SSgA Active Trust - Materials Select Sector SPDR
RTM
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Materials ETF
IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials ETF
PYZ
Invesco Capital Management LLC - Invesco DWA Basic Materials Momentum ETF
FXZ
First Trust Exchange-Traded Fund III - First Trust Materials AlphaDEX Fund
PAVE
Global X Funds - Global X U.S. Infrastructure Development ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
MXI
BlackRock Institutional Trust Company N.A. - iShares Global Materials ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toVAW

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with VAW using Composer

FAQ

VAW is a US Equities ETF. Seeks to track the performance of a benchmark index that measures the investment return of stocks in the materials sector. Passively managed using a full-replication strategy when possible and a sampling strategy if regulatory constraints dictate. Includes stocks of companies that extract or process raw materials.

VAW tracks the MSCI US Investable Market Materials 25/50 Index.

No, VAW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, VAW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on VAW is -0.0478%. This is the percent change in the value of VAW over the most recent 1-month period. The 3-month return on VAW is -0.0125%. This is the percent change in the value of VAW over the most recent 3-month period.

The standard deviation of VAW for the past year is 0.2578%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VAW include XLI, XLE, and XLP.

ETFs correlated to VAW include FMAT, XLB, and RTM.

ETFs that are inversely correlated to VAW include SKF, SEF, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.