Morningstar

Vanguard Materials Index Fund Admiral Shares VMIAX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 112.05  /  +1.06 %
  • Total Assets 4.5B
  • Adj. Expense Ratio
    0.090%
  • Expense Ratio 0.090%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Natural Resources
  • Investment Style Mid Value
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 1.46%
  • Turnover 7%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis VMIAX

Will VMIAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VMIAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VMIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VMIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Vanguard Materials Index Admiral holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings VMIAX

More VMIAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 57.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Linde PLC

14.57 665M
Basic Materials

Newmont Corp

8.58 392M
Basic Materials

Freeport-McMoRan Inc

7.00 320M
Basic Materials

Sherwin-Williams Co

4.97 227M
Basic Materials

Ecolab Inc

4.61 211M
Basic Materials

Air Products and Chemicals Inc

4.14 189M
Basic Materials

CRH PLC

4.05 185M
Basic Materials

Corteva Inc

3.64 166M
Basic Materials

Nucor Corp

3.57 163M
Basic Materials

Vulcan Materials Co

2.25 103M
Basic Materials

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