Vanguard Materials Index Fund Admiral Shares (VMIAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
119.32
-0.26 (-0.22%)
Jun 18, 2026, 4:00 PM EST
Fund Assets4.52B
Expense Ratio0.09%
Min. Investment$100,000
Turnover7.00%
Dividend (ttm)1.62
Dividend Yield1.36%
Dividend Growth-4.67%
Payout FrequencyQuarterly
Ex-Dividend DateMar 24, 2026
Previous Close119.58
YTD Return13.28%
1-Year Return23.53%
5-Year Return41.11%
52-Week Low96.99
52-Week High124.35
Beta (5Y)n/a
Holdings115
Inception DateFeb 11, 2004

About VMIAX

This economical index fund tracks the performance of the American materials industry, investing in companies primarily engaged in raw material processing. Its principal vulnerability stems from its concentrated strategy, as it exclusively holds stocks within this single sector. Investors should thus anticipate significant price fluctuations. Given this specialized focus, it is advisable to incorporate this fund merely as a minor component of an already comprehensively diversified investment portfolio.

Fund Family Vanguard
Category Natural Resources
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol VMIAX
Share Class Admiral Shares
Index MSCI US IMI/Materials 25/50 TR USD

Performance

VMIAX had a total return of 23.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.17%.

Equivalent ETF

VMIAX has an equivalent ETF with the ticker symbol VAW, the Vanguard Materials ETF. This is an ETF from the same fund company that follows the same index. It has an expense ratio of 0.09% compared to 0.09% for VMIAX.

SymbolNameExpense Ratio
VAWVanguard Materials ETF0.09%

Top 10 Holdings

55.46% of assets
NameSymbolWeight
Linde plcLIN14.92%
Newmont CorporationNEM7.73%
Freeport-McMoRan Inc.FCX5.29%
CRH plcCRH5.06%
The Sherwin-Williams CompanySHW4.83%
Ecolab Inc.ECL4.24%
Air Products and Chemicals, Inc.APD4.08%
Corteva, Inc.CTVA3.49%
Nucor CorporationNUE3.29%
Vulcan Materials CompanyVMC2.54%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Mar 24, 2026$0.4037Mar 25, 2026
Dec 17, 2025$0.4132Dec 18, 2025
Sep 24, 2025$0.3919Sep 25, 2025
Jun 26, 2025$0.4149Jun 27, 2025
Mar 25, 2025$0.4236Mar 26, 2025
Dec 18, 2024$0.4368Dec 19, 2024
Full Dividend History