Vanguard Materials Index Fund Admiral Shares (VMIAX) Research

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.

Market snapshot

Symbol
VMIAX
Price
$119.32
Day change
-0.22%
Market cap
$4.5B
52-week range
96.99-124.35
Sector
Financial Services
Industry
Asset Management

Peer companies

  • JPMorgan BetaBuilders Europe ETF (BBEU)
  • WisdomTree Japan Hedged Equity Fund (DXJ)
  • iShares U.S. Medical Devices ETF (IHI)
  • Vanguard S&P Mid-Cap 400 ETF (IVOO)
  • iShares U.S. Financials ETF (IYF)
  • Columbia Research Enhanced Core ETF (RECS)
  • Invesco S&P 500 Equal Weight Technology ETF (RSPT)
  • State Street SPDR S&P 600 Small Cap Value ETF (SLYV)

Open Vanguard Materials Index Fund Admiral Shares (VMIAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.