Vanguard Financials Index Fund Admiral Shares (VFAIX)

Fund Assets	13.89B
Expense Ratio	0.10%
Min. Investment	$100,000
Turnover	5.00%
Dividend (ttm)	0.97
Dividend Yield	1.64%
Dividend Growth	-10.81%
Payout Frequency	Quarterly
Ex-Dividend Date	Mar 24, 2026

Previous Close	59.26
YTD Return	-9.18%
1-Year Return	2.70%
5-Year Return	58.85%
52-Week Low	52.57
52-Week High	68.98
Beta (5Y)	n/a
Holdings	425
Inception Date	Feb 4, 2004

About VFAIX

This low-cost index fund offers exposure to the financial sector of the U.S. equity market, which includes stocks of banks, insurance companies, and other firms that provide financial services. The fund’s main risk is its narrow scope—it invests solely in financial stocks. An investor should expect high volatility from the fund, which should be considered only as a small portion of an already well-diversified portfolio.

• Fund Family: Vanguard
• Category: Financial
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: VFAIX
• Share Class: Admiral Shares
• Index: MSCI USA Financials IMI 25/50 TR USD

Performance

VFAIX had a total return of 2.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.18%.

Equivalent ETF

VFAIX has an equivalent ETF with the ticker symbol VFH, the Vanguard Financials ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.10% compared to 0.10% for VFAIX.

Symbol	Name	Expense Ratio
VFH	Vanguard Financials ETF	0.10%

Top 10 Holdings

43.74% of assets

Name	Symbol	Weight
JPMorgan Chase & Co.	JPM	8.96%
Berkshire Hathaway Inc.	BRK.B	8.12%
Mastercard Incorporated	MA	5.12%
Visa Inc.	V	4.06%
Bank of America Corporation	BAC	3.80%
Mktliq 12/31/2049	n/a	3.27%
Wells Fargo & Company	WFC	2.99%
The Goldman Sachs Group, Inc.	GS	2.87%
Morgan Stanley	MS	2.31%
Trs:visa Inc-Class A Shares Usd 2027-Jan-29	n/a	2.25%

Dividend History

Ex-Dividend	Amount	Pay Date
Mar 24, 2026	$0.190	Mar 25, 2026
Dec 17, 2025	$0.3382	Dec 18, 2025
Sep 24, 2025	$0.2096	Sep 25, 2025
Jun 26, 2025	$0.237	Jun 27, 2025
Mar 25, 2025	$0.2559	Mar 26, 2025
Dec 18, 2024	$0.3293	Dec 19, 2024