Vanguard Financials Index Fund ETF Shares (NYSE: VFH) employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the GICS. The Advisor attempts to replicate the target index by seeking to invest all, or substantially all, of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

finviz dynamic chart for VFH

Fund Overview

  • Net Assets: 9.73 Billion
  • NAV: 98.66
  • PE Ratio: 14.53
  • Yield: 1.93%
  • Expense Ratio: 0.10%
  • Inception Date: 02-04-2004

This fund offers a more diverse selection of financial stocks than XLF, as it tracks the Spliced U.S. Investable Market Financials 25/50 Index, which is loaded up with 373 financial industry stocks. This bank-heavy ETF is also expected to benefit from ongoing high interest rates, which tend to play into the banking sector’s favor, as a high-rate environment favors the bank’s penchant for short-term borrowing and long-term lending. The fund’s 10-year total return rate stands at 10.44%.

Top 10 Holdings (43.19% of Total Assets)

NameSymbol% Assets
JPMorgan Chase & CoJPM8.53%
Berkshire Hathaway Inc Class BBRK-B8.12%
Mastercard Inc Class AMA5.94%
Visa Inc Class AV5.69%
Bank of America CorpBAC3.98%
Wells Fargo & CoWFC3.10%
S&P Global IncSPGI2.03%
The Goldman Sachs Group IncGS2.01%
American Express CoAXP1.96%
BlackRock IncBLK1.83%

Post Comment