StockComparison Logo
vs

VAW vs SPY

Comparison between VANGUARD MATERIALS INDEX FUND ETF SHARES (VAW, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed VAW, delivering a return of +13.2% compared to +6.7%

VAW vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
VAW
$4.50B
Winner
SPY
$781B
Expense Ratio
VAW
0.09%
SPY
0.09%
Max Drawdown
VAW
63.47%
Winner
SPY
56.47%
Sharpe Ratio
VAW
0.84
Winner
SPY
1.43
5Y Beta
Winner
VAW
0.86
SPY
1.00
P/E Ratio
VAW
31.81
Winner
SPY
26.48
Forward P/E
Winner
VAW
17.90
SPY
20.89
PEG Ratio
VAW
N/A
SPY
0.30
5Y Dividends CAGR
Winner
VAW
8.64%
SPY
6.00%
5Y EPS CAGR
VAW
10.76%
Winner
SPY
26.40%
Debt to Equity
Winner
VAW
35.19%
SPY
48.17%
P/S Ratio
Winner
VAW
2.06
SPY
3.72
P/B Ratio
Winner
VAW
3.00
SPY
5.55

VAW vs SPY - Holdings Comparison

VAW and SPY have 27 common holdings. Overlap is 1.77%

VAW's top 25 holdings weight is 77.74%. SPY's top 25 holdings weight is 51.49%.

RankVAWSPY
#1
LINDE PLC (LIN) - 15.69%
NVIDIA CORP (NVDA) - 7.76%
#2
NEWMONT CORP (NEM) - 6.58%
APPLE INC (AAPL) - 7.44%
#3
FREEPORT-MCMORAN INC (FCX) - 5.90%
MICROSOFT CORP (MSFT) - 4.56%
#4
SHERWIN-WILLIAMS CO (SHW) - 5.28%
AMAZON.COM INC (AMZN) - 3.74%
#5
CRH PLC (CRH) - 4.67%
ALPHABET INC CLASS A (GOOGL) - 3.14%
#6
ECOLAB INC (ECL) - 4.62%
BROADCOM INC (AVGO) - 2.83%
#7
AIR PRODUCTS AND CHEMICALS INC (APD) - 3.87%
ALPHABET INC CLASS C (GOOG) - 2.53%
#8
CORTEVA INC (CTVA) - 3.71%
META PLATFORMS INC CLASS A (META) - 2.18%
#9
NUCOR CORP (NUE) - 3.23%
MICRON TECHNOLOGY INC (MU) - 1.69%
#10
VULCAN MATERIALS CO (VMC) - 2.51%
TESLA INC (TSLA) - 1.65%
#11
MARTIN MARIETTA MATERIALS INC (MLM) - 2.27%
ELI LILLY AND CO (LLY) - 1.44%
#12
STEEL DYNAMICS INC (STLD) - 2.06%
JPMORGAN CHASE & CO (JPM) - 1.43%
#13
PPG INDUSTRIES INC (PPG) - 1.77%
BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.39%
#14
AMRIZE LTD REGISTERED SHARE (AMRZ) - 1.73%
ADVANCED MICRO DEVICES INC (AMD) - 1.37%
#15
SMURFIT WESTROCK PLC (SW) - 1.58%
EXXONMOBIL HOLDINGS CORP (XOM) - 0.97%
#16
PACKAGING CORP OF AMERICA (PKG) - 1.38%
JOHNSON & JOHNSON (JNJ) - 0.93%
#17
AMCOR PLC ORDINARY SHARES (AMCR) - 1.31%
VISA INC CLASS A (V) - 0.91%
#18
INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) - 1.29%
INTEL CORP (INTC) - 0.77%
#19
DOW INC (DOW) - 1.28%
WALMART INC (WMT) - 0.75%
#20
INTERNATIONAL PAPER CO (IP) - 1.25%
ABBVIE INC (ABBV) - 0.70%
#21
RELIANCE INC (RS) - 1.25%
APPLIED MATERIALS INC (AMAT) - 0.69%
#22
DUPONT DE NEMOURS INC (DD) - 1.21%
CISCO SYSTEMS INC (CSCO) - 0.68%
#23
ROYAL GOLD INC (RGLD) - 1.11%
MASTERCARD INC CLASS A (MA) - 0.67%
#24
COEUR MINING INC (CDE) - 1.10%
COSTCO WHOLESALE CORP (COST) - 0.64%
#25
CF INDUSTRIES HOLDINGS INC (CF) - 1.09%
CATERPILLAR INC (CAT) - 0.63%
Total Holdings115505

VAW vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
VAW
+0.39%
Winner
SPY
+2.30%
3M
VAW
-1.05%
Winner
SPY
+5.00%
6M
VAW
-0.02%
Winner
SPY
+11.88%
1Y
VAW
+20.42%
Winner
SPY
+22.80%
5Y(CAGR)
VAW
+6.74%
Winner
SPY
+13.20%
10Y(CAGR)
VAW
+9.92%
Winner
SPY
+15.26%
Max(CAGR)
Winner
VAW
+9.18%
SPY
+8.59%

VAW vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearVAWSPY
2026+11.24%+13.10%
2025+13.45%+18.00%
2024+0.72%+25.59%
2023+13.72%+26.72%
2022-10.82%-18.64%
2021+28.37%+30.52%
2020+20.65%+17.28%
2019+22.95%+31.09%
2018-18.75%-5.24%
2017+22.77%+20.78%
2016+23.44%+13.59%
2015-10.48%+1.31%
2014+6.67%+14.56%
2013+21.70%+29.00%
2012+14.15%+14.17%
2011-10.25%+0.85%
2010+20.83%+13.14%
2009+45.94%+22.67%
2008-46.00%-36.25%
2007+26.82%+5.32%
2006+17.74%+13.85%
2005+4.50%+5.32%
2004+21.63%+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

VAW vs SPY Drawdown Comparison

The maximum drawdown for VAW was -62.12%, occurring on Mar 9, 2009. Recovery took 1170 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current VAW drawdown is -3.89%. The current SPY drawdown is -0.36%.

RankVAWSPY
#1-62.12%
May 16, 2008 - Jan 9, 2013		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-41.14%
Jan 26, 2018 - Sep 1, 2020		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-27.23%
Feb 24, 2015 - Nov 15, 2016		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-25.49%
Apr 20, 2022 - Feb 29, 2024		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-23.20%
Oct 18, 2024 - Dec 26, 2025		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-16.60%
May 9, 2006 - Nov 22, 2006		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-16.36%
Mar 4, 2005 - Jan 26, 2006		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-15.95%
Jul 19, 2007 - Oct 9, 2007		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-15.12%
Dec 10, 2007 - Apr 4, 2008		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-13.42%
Feb 27, 2026 - Mar 20, 2026		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-12.15%
Sep 5, 2014 - Feb 13, 2015		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-12.02%
Mar 1, 2004 - Sep 2, 2004		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-11.29%
Oct 31, 2007 - Dec 10, 2007		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-10.81%
Jan 4, 2022 - Mar 25, 2022		-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-10.71%
May 17, 2021 - Nov 8, 2021		-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between VAW and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98
-101

Dividend Comparison (1999 - 2026)

VAW vs SPY dividend yield comparison.

YearVAWSPY
20260.68%0.48%
20251.55%1.07%
20241.70%1.21%
20231.72%1.40%
20221.98%1.65%
20211.44%1.20%
20201.67%1.52%
20191.94%1.75%
20182.03%2.04%
20171.63%1.80%
20161.67%2.03%
20152.30%2.06%
20141.76%1.87%
20131.84%1.81%
20121.87%2.18%
20112.16%2.05%
20102.18%1.80%
20091.36%1.95%
20083.52%3.02%
20071.45%1.85%
20061.61%1.73%
20051.61%1.73%
20041.66%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

Select Stocks to Compare

Popular: VAW vs SPY