Vanguard Materials ETF (VAW)
Vanguard Materials ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $235.48, down 1.12% on the session, giving a market capitalisation of $4.74B. Its beta of 0.98 implies it has historically moved less than the broad market.
This exchange-traded fund aims to mirror the financial performance of a reference index that gauges the returns of corporations operating in the basic materials industry. It operates with a passive management approach, primarily by fully replicating the index's portfolio; however, a sampling method may be used if necessitated by regulatory or practical limitations. The fund's investments include stocks of companies engaged in the extraction or initial processing of raw resources.
Vanguard Materials ETF is most often compared with the following Financial Services names: