VFHvsIAIETF Comparison
VS
ETF 2
IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
This fund is part of
US Financials
-1.15%
Vanguard Financials ETF (VFH) and iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) belong to the same industry segment: US Financials. Both ETFs have the same top 3 sector exposures: Finance, Technology and Business Services. VFH is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.37% for IAI. VFH is up 3.17% year-to-date (YTD) with -$380M in YTD flows. IAI performs worse with -0.17% YTD performance, and -$307M in YTD flows. Run a side-by-side ETF comparison of VFH and IAI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
VFH vs IAI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VFH IAI | +2.30%-2.88% | -0.18%-5.08% | +3.17%-0.17% | +8.08%+4.43% | +85.72%+111.63% | +49.53%+68.08% |
| Flows | VFH IAI | +$186M-$44M | -$92M-$7M | -$380M-$307M | -$399M-$325M | +$284M+$268M | -$1.42B-$151M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VFH IAI | +13.04%+18.75% | +14.71%+20.95% | +16.71%+20.51% | +19.09%+21.59% |
| Max drawdown | VFH IAI | -8.79%-12.10% | -14.72%-16.50% | -17.30%-23.13% | -25.72%-28.75% |
| Max drawdown duration | VFH IAI | 50d50d | 177d168d | 129d120d | 770d850d |
Trading data
VFH | IAI | |
Last sale 10/26/2026 at 1:30 PM | $136.14 | $178.09 |
| Previous close 10/23/2026 | $135.89 | $177.26 |
| Consolidated volume 10/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
VFH | IAI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/26/2026 at 1:30 PM
Live
Closed
VFH | IAI | |
|---|---|---|
| Last price | $136.14 | $178.09 |
| 1D performance | +0.18% | +0.47% |
| AuM | $13.23 B | $1.29 B |
| E/R | 0.09% | 0.37% |
Characteristics
VFH | IAI | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | iShares |
| Benchmark | MSCI US IMI Financials 25/50 Index | Dow Jones U.S. Select Investment Services Index |
| N° of holdings | 424 | 36 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 26, 2004 | May 1, 2006 |
| ESG | No | No |
Exposure
Countries
VFH
USA
90.79%
Other
9.21%
IAI
USA
99.98%
Other
0.02%
Sectors
VFH
Finance
90.19%
Other
9.81%
IAI
Finance
85.76%
Technology
9.53%
Other
4.71%
Advertisement
Diversification
VFH
Total weight of top 15 holdings out of 15
52.08%
IAI
Total weight of top 15 holdings out of 15
89.8%
Top 15 holdings
Data as of August 31, 2026
VFH
JPMorgan Chase & Co.
10.13%
Berkshire Hathaway, Inc.
7.61%
Mastercard, Inc.
5.12%
Bank of America Corp.
4.31%
Visa, Inc.
4.22%
The Goldman Sachs Group, Inc.
3.03%
Wells Fargo & Co.
2.80%
Morgan Stanley
2.69%
Citigroup, Inc.
2.40%
The Charles Schwab Corp.
1.94%
American Express Co.
1.87%
BlackRock, Inc.
1.82%
S&P Global, Inc.
1.41%
The Progressive Corp.
1.36%
Capital One Financial Corp.
1.34%
IAI
The Goldman Sachs Group, Inc.
18.78%
Morgan Stanley
15.95%
The Charles Schwab Corp.
9.27%
Robinhood Markets, Inc.
5.02%
Intercontinental Exchange, Inc.
4.74%
Moody's Corp.
4.64%
CME Group, Inc.
4.48%
S&P Global, Inc.
4.23%
Nasdaq, Inc.
3.81%
Interactive Brokers Group, Inc.
3.74%
Coinbase Global, Inc.
3.61%
MSCI, Inc.
3.59%
Cboe Global Markets, Inc.
2.71%
Raymond James Financial, Inc.
2.67%
LPL Financial Holdings, Inc.
2.56%
Frequently asked questions about VFH and IAI
How have the VFH and IAI ETFs performed in 2026?
As of October 23, 2026, VFH is up 3.17% year-to-date (YTD), while IAI has lost -0.17%. That puts VFH better performer ahead so far this year.
Which ETF is attracting more investor money: VFH or IAI?
Year-to-date, the VFH ETF saw -$380M in flows, compared to -$307M for IAI.
Which ETF is more volatile: VFH or IAI?
Over the past year, VFH had a volatility of 14.71%, while IAI experienced 20.95%.
Which ETF is bigger: VFH or IAI?
As of October 23, 2026, VFH holds $13.23 B in assets under management (AUM), while IAI manages $1.29 B.
What sectors do the VFH and IAI ETFs invest in?
VFH leans toward sectors like Finance. Meanwhile, IAI focuses on Finance and Technology.
What are the top holdings of the VFH ETF and IAI ETF?
VFH top holdings include JPMorgan Chase & Co., Berkshire Hathaway, Inc. and Mastercard, Inc.. IAI holds in its top three: The Goldman Sachs Group, Inc., Morgan Stanley and The Charles Schwab Corp..
Which ETF is more diversified: VFH or IAI?
VFH holds 424 securities with 52.08% of its assets in the top 15. IAI has 36 securities and a top 15 weight of 89.8%.
Advertisement
Latest news about VFH & IAI
These Industry ETFs Could Be Vulnerable to AI Disruption
March 6, 2026
IAI
Tony's ETF Buyer's Guide: Sector ETFs (Vanguard versus State Street SPDR)
December 1, 2023
VFH
Advertisement
Financial Sector Rebounds Into Positive Year-to-date Performance
November 21, 2023
VFH
Financial Sector Rebounds Into Positive Year-to-date Performance
November 21, 2023
VFH
The US labor market continues to hold up
December 13, 2022
IAI
Advertisement
