Vanguard Financials Index Fund Admiral Shares (VFAIX)

Fund Assets	14.64B
Expense Ratio	0.10%
Min. Investment	$100,000
Turnover	5.00%
Dividend (ttm)	1.04
Dividend Yield	1.64%
Dividend Growth	0.28%
Payout Frequency	Quarterly
Ex-Dividend Date	Dec 17, 2025

Previous Close	63.56
YTD Return	-4.95%
1-Year Return	2.95%
5-Year Return	79.15%
52-Week Low	51.94
52-Week High	68.98
Beta (5Y)	n/a
Holdings	423
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 2.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.78%.

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

44.42% of assets

Name	Symbol	Weight
JPMorgan Chase & Co.	JPM	9.74%
Berkshire Hathaway Inc.	BRK.B	7.62%
Mastercard Incorporated	MA	5.35%
Bank of America Corporation	BAC	4.25%
Visa Inc.	V	4.19%
Wells Fargo & Company	WFC	3.28%
The Goldman Sachs Group, Inc.	GS	2.93%
Citigroup Inc.	C	2.36%
Trs:visa Inc-Class A Shares Usd 2027-Jan-29	n/a	2.36%
Mktliq 12/31/2049	n/a	2.34%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Sep 27, 2024	$0.277	Sep 30, 2024