VANGUARD INDUSTRIALS INDEX FUND

VANGUARD WORLD FUND · 2 share classes

U.S. equity index ETF
One fund, 2 share classes:VINAXVIS
$8.36B NAV
384 positions · as of 2026-05-31 · filed 2026-07-29

Fund classification

Classified from what the fund holds · as of 2026 Q2

VANGUARD INDUSTRIALS INDEX FUND is a U.S. equity index ETF that tracks the MSCI US Investable Market Index (IMI)/Industrials 25/50. 15% of VIS’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard Industrials Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of industrial stocks.

Strategy · summarised

The fund tracks the MSCI US Investable Market Index (IMI)/Industrials 25/50 by holding all or substantially all of the stocks in the index in the same proportions, gaining exposure to large, mid-size, and small U.S. industrial companies including aerospace and defense, building products, machinery, construction services, and transportation providers.

Expenses
0.09% 0.09%across 2 share classes
Share classExpense ratio
VINAX0.09%
VIS0.09%

Portfolio turnover 5.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.95%
of net assets
Stocks99.62%
Cash & short-term0.35%
Derivatives-0.01%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials99.6%
Cash0.4%
Information Technology0.0%
Other0.0%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
15%of stock holdings in top-quartile growers
covering 100% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 1 new6 exited

New: MAIR

Exited: Air Lease Corp, CSG Systems International Inc, Great Lakes Dredge & Dock Corp, SNCY, TE, American Woodmark Corp

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+38.62%+87.18%+85.21%16.95%-11.27%
+38.62%+87.16%+85.19%16.95%-11.27%

These classes hold the same portfolio, so the 0.03pp spread over 5 years is the cost difference between them — roughly 0.01pp a year — not a difference in what they own.

Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Caterpillar IncCAT5.81%$485.37M
General Electric CoGE4.84%$404.40M
GE Vernova IncGEV3.72%$311.11M
RTX CorpRTX3.41%$285.25M
The Boeing CoBA2.56%$214.34M
Eaton Corp PLCETN2.21%$184.25M
Honeywell International IncHON2.14%$178.82M
Deere & CoDE1.97%$164.95M
Uber Technologies IncUBER1.97%$164.55M
Union Pacific CorpUNP1.89%$158.21M
Showing 10 of 384Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 30.53% of net assets, top 25 50.38%, across 382 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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