VAW vs ITB: Holdings Overlap
VAWVanguard Materials Index Fund
Vanguard · 110 holdings · $3.0B · as of 2026-05-31
ITBiShares U.S. Home Construction ETF
iShares · 46 holdings · $2.3B · as of 2026-03-31
Holdings snapshots are 61 days apart (VAW: 2026-05-31, ITB: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are VAW and ITB?
Vanguard Materials Index Fund (VAW, by Vanguard) holds 110 positions; iShares U.S. Home Construction ETF (ITB, by iShares) holds 46. They have 2 holdings in common, and by portfolio weight the two funds are 5.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2VAW holds 110 · ITB holds 46
- Weight in Shared Holdings
- VAW 5%·ITB 6%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in VAW
108 of 110 positions (94.8% of the fund) are not held by ITB. Showing the top 30 by weight.
Sector Breakdown
| Sector | VAW | ITB |
|---|---|---|
| Materials | 99.5% | 6.0% |
| Consumer Discretionary | 0.0% | 73.0% |
| Industrials | 0.0% | 20.8% |
| Energy | 0.3% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VAW | +3.2% | +14.7% | +20.8% | +10.3% | +7.0% | +10.1% | 1.34% |
| ITB | +1.3% | +5.4% | -1.5% | +5.3% | +8.1% | +14.1% | 0.64% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in VAW vs ITB →
Shared Holdings(2)
Frequently Asked Questions
How much do VAW and ITB overlap?
VAW and ITB overlap by 5.0% of portfolio weight. They share 2 holdings (VAW holds 110 positions and ITB holds 46), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VAW and ITB?
The two portfolios are 5.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of VAW and ITB?
The largest positions held by both funds are SHW and EXP. Together the top 2 shared positions account for 100% of the total overlap.
What does VAW own that ITB doesn't?
108 positions (94.8% of VAW) are unique to VAW, led by LIN, NEM and FCX. In the other direction, 44 positions (93.8% of ITB) are unique to ITB.