Summary
Vanguard Industrials Index Fund Admiral Shares is a mutual fund run by Vanguard. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 399. The ten largest make up 31% of the fund.
- Yearly costs
- 0.09%
- Fund size
- $8.60B
- Positions
- 399
- Dividend yield
- 0.96%
- Running since
- 2006
What speaks for it
- Costs of 0.09% a year are below the middle of comparable funds (0.40%).
- A large fund with $8.60B under management.
- Average yearly growth over the last ten years: 11%.
- It has been running since 2006.
What to watch
- 92% of the fund is in one sector (Industrials).
- 93% of the fund is in one country (United States).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.6%
- 3 months
- -7.2%
- This year
- +7.4%
- 1 year
- +9.3%
- 3 years
- +68%
- 5 years
- +61%
- 10 years
- +194%
- Avg. market cap
- $146.8B
- P/E
- 27.8x
- Forward P/E
- 25.0x
- P/S
- 3.0x
- P/B
- 7.2x
- P/FCF
- 25.2x
- EV/EBITDA
- 18.9x
- Dividend yield
- 1.12%
- ROIC
- 11.8%
- ROE
- 37.2%
- Gross margin
- 33.1%
- Operating margin
- 16.3%
- Net margin
- 13.7%
- Payout ratio
- 31.0%
- Net debt/EBITDA
- 1.7x
- Beta
- 1.04
Weighted average of the 50 largest companies, which make up 70% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 CACaterpillar CAT 5.6%
- 2 GEGeneral Electric Company GE 4.9%
- 3 GEGE Vernova GEV 3.8%
- 4 RTRTX RTX 3.7%
- 5 ETEaton Corporation plc ETN 2.5%
- 6 DEDeere & Co. DE 2.4%
- 7 UNUnion Pacific UNP 2.1%
- 8 BABoeing BA 2.1%
- 9 UBUber UBER 1.8%
- 10 PHParker-Hannifin PH 1.8%
Positions in the fund: 399. The ten largest make up 31% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Industrials 92%
- Technology 6.4%
- Consumer cyclical 0.8%
- Basic materials 0.5%
- Financials 0.2%
- Other 0.08%
By country
- United States 93%
- Ireland 5.6%
- United Kingdom 0.7%
- Canada 0.5%
- Other countries 0.5%
By company size
- Mega cap 18%
- Large cap 70%
- Mid cap 10%
- Small cap 1.6%
- Micro cap 0.04%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Industrials (92%). Largest country: United States (93%). Largest size group: Large cap (70%).
What does it cost me?
Cheap- A year from $10,000
- $9.00
- Over 20 years
- $451
From every $10,000 invested the fund takes $9.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $451.
How has it done?
Growing over the long run- A year on average, 10 years
- +11%
- Deepest drop
- -24%
- Yearly volatility
- 18%
Average yearly growth over the last ten years: 11%. Deepest drop in these years: 24% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.96%
- Payments a year
- 4
- Last payment
- $0.39
Over the last 12 months it paid $1.59 per share, which is 0.96% of today's price. The last payment was $0.39 on Jun 24, 2026.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.8
- Average Bulios Score
- 62 out of 100
Weight by Bulios Fair Price
- Undervalued 6.2%
- Fairly valued 8.7%
- Overvalued 85%
On average the companies inside trade for 27.8 times their yearly profit. By Fair Price, 85% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 70% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
VI VIS Vanguard Industrials ETF | United States | 0.09% | $8.60B | +9.4% | Pays out | 99% |
FI FIDU Fidelity MSCI Industrials Index ETF | United States | 0.08% | $2.32B | +9.3% | Pays out | 91% |
2B 2B7C.DE iShares S&P 500 Industrials Sector UCITS ETF | Ireland | 0.15% | $479.5M | +17% | Reinvests | 79% |
XL XLI State Street Industrial Select Sector SPDR ETF | United States | 0.08% | $30.3B | +11% | Pays out | 79% |
TR TRUI VanEck Industrials TruSector ETF | United States | 0.10% | $239.8K | - | Pays out | 79% |
ZP ZPDI.DE State Street SPDR S&P U.S. Industrials Select Sector UCITS ETF (Acc) | Ireland | 0.15% | $626.5M | +17% | Reinvests | 75% |