Vanguard Financials ETF

Vanguard Financials ETF

About

Vanguard Financials ETF (US92204A4058) is a US-listed equity ETF tracking the Spliced US IMI Financials 25/50. With a expense ratio of 0.09%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 429 positions across 1 region with 12.3B in assets, with heavy concentration — 96% in United States, 96% in Financials.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 7.1 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.0 Tracking Difference: 9.2 · TD Consistency: — · Expense Ratio: 8.5
Diversification (45%) 4.2 Holding Count: 6.1 · Country Concentration: 4.8 · Sector Concentration: 1.0
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker VFH
ISIN
Fund Size $12.3B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Jan 2004
Base Currency USD
Index Spliced US IMI Financials 25/50
Asset Class Equities
Category US Equity

Costs

9.0
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.09%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.04%
3 Months +0.09%
6 Months -0.02%
1 Year +0.03%
3 Years +0.62%
5 Years +0.45%
10 Years +1.77%
YTD +0.00%
Since Inception +1.77%

Holdings

6.1
This fund holds 429 individual investments, offering moderate diversification compared to other ETFs.
#1
JPMorgan Chase & Co
9.15%
#2
Berkshire Hathaway Inc
8.05%
#3
Mastercard Inc
4.94%
#4
Bank of America Corp
4.27%
#5
Visa Inc
4.24%
#6
Goldman Sachs Group Inc/The
3.50%
#7
Morgan Stanley
3.01%
#8
Wells Fargo & Co
2.90%
#9
Citigroup Inc
2.47%
#10
American Express Co
2.05%
View all holdings (50)
# Holding Ticker Weight
1 JPMorgan Chase & Co JPM 915.00%
2 Berkshire Hathaway Inc BRK.B 805.00%
3 Mastercard Inc MA 494.00%
4 Bank of America Corp BAC 427.00%
5 Visa Inc V 424.00%
6 Goldman Sachs Group Inc/The GS 350.00%
7 Morgan Stanley MS 301.00%
8 Wells Fargo & Co WFC 290.00%
9 Citigroup Inc C 247.00%
10 American Express Co AXP 205.00%
11 BlackRock Funding Inc/DE BLK 189.00%
12 Charles Schwab Corp/The SCHW 176.00%
13 S&P Global Inc SPGI 157.00%
14 Capital One Financial Corp COF 137.00%
15 Progressive Corp/The PGR 136.00%
16 Chubb Ltd CB 133.00%
17 CME Group Inc CME 121.00%
18 Bank of New York Mellon Corp/The BNY 117.00%
19 PNC Financial Services Group Inc/The PNC 108.00%
20 Blackstone Inc BX 106.00%
21 US Bancorp USB 104.00%
22 Intercontinental Exchange Inc ICE 102.00%
23 Marsh & McLennan Cos Inc MRSH 94.00%
24 Robinhood Markets Inc HOOD 86.00%
25 Moody's Corp MCO 83.00%
26 Aon PLC AON 79.00%
27 Travelers Cos Inc/The TRV 76.00%
28 Truist Financial Corp TFC 73.00%
29 KKR & Co Inc KKR 73.00%
30 Apollo Global Management Inc APO 66.00%
31 Allstate Corp/The ALL 65.00%
32 Aflac Inc AFL 64.00%
33 Arthur J Gallagher & Co AJG 63.00%
34 MetLife Inc MET 56.00%
35 MSCI Inc MSCI 55.00%
36 Fifth Third Bancorp FITB 55.00%
37 State Street Corp STT 53.00%
38 Nasdaq Inc NDAQ 51.00%
39 Coinbase Global Inc COIN 49.00%
40 Ameriprise Financial Inc AMP 49.00%
41 American International Group Inc AIG 48.00%
42 Block Inc XYZ 47.00%
43 Interactive Brokers Group Inc IBKR 45.00%
44 Hartford Financial Services Group Inc/The HIG 43.00%
45 Cboe Global Markets Inc CBOE 43.00%
46 Prudential Financial Inc PRU 43.00%
47 Huntington Bancshares Inc/OH HBAN 41.00%
48 M&T Bank Corp MTB 39.00%
49 Arch Capital Group Ltd ACGL 38.00%
50 Fiserv Inc FISV 37.00%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.
 
Sector Weight
Financials 9611.00%
Unknown 389.00%

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.
 
Country Weight
United States 9611.00%
UNKNOWN 389.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
61.7%
Volatility
-9.5%
Max Drawdown
20.87
Sharpe Ratio
40.71
Sortino Ratio
136.13
Calmar Ratio
0.82
Beta
0.07%
Alpha (Jensen's)
0.547
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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