EXI vs VIS: Grades, Fees and Holdings Compared

iShares Global Industrials ETF

EXICNYSE Arca

Vanguard Industrials ETF

VISBNYSE Arca

Overlap

55.3%by weight

Expense ratio

VIS −0.29pt a year

EXI0.38%VIS0.09%

Avg volume · 30D

VIS 2.2×the volume

EXI58.3KVIS130K

10Y return · a year

VIS +1.3pt

EXI+11.8%VIS+13.1%

EXI vs VIS Performance

Oct 29, 2021 – Oct 30, 2026

+64.8%EXI+70.4%VIS

Expense ratio: EXI 0.38%; VIS 0.09%, better
Fund size: EXI $1.38B; VIS $8.6B
1Y total return: EXI +8.6%, better; VIS +7.8%
Yield (12M): EXI 1.13%, better; VIS 0.96%
Holdings: EXI 236; VIS 399
Avg volume (30D): EXI 58.3K sh; VIS 130K sh, better
NAV per share: EXI $186.86; VIS $320.68
52W range

ETF.net Grade

Pillar letters and Scores for EXI, VIS, with each pillar’s weight
Pillar	EXI	VIS
Cost30% weight	C41	A72Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	A73Higher	B60
Tradability15% weight	D34	C53Higher
Holdings10% weight	A76Higher	B58
Durability5% weight	B69	A83Higher

Rank among Industrials (Broad) funds

How we build Categories ›

Same Category. EXI and VIS are both graded against the same 10 Industrials (Broad) funds, so their Grades compare head to head.

Industrials (Broad)⁠

Category · 10 funds

See all 10 ›

VIS ranks 3rd and EXI 4th of 10 funds in the Industrials (Broad) Category.

Rank 1AXLIState Street Industrial Select Sector SPDR ETFScore 79
Rank 2AFIDUFidelity MSCI Industrials Index ETFScore 72
Rank 3BVISVanguard Industrials ETFScore 64
Rank 4CEXIiShares Global Industrials ETFScore 52
Rank 4CIYJiShares U.S. Industrials ETFScore 52

Our read on each fund

ETF.net Research

EXICiShares Global Industrials ETF

VISBVanguard Industrials ETF

In short

EXI Most industrials ETFs stop at the US border. EXI has tracked a global industrials index since 2006, spreading roughly 220 machinery, aerospace and transport names across developed markets.

VIS Industrials, the whole aisle: jet engines and railroads down to small-cap machinery shops, roughly 400 names for 0.09% a year. Vanguard has run it as a straight index fund since 2004.

Stated mandate

EXI The fund seeks to track an index representing global equities in the industrials sector.

VIS The fund seeks to track the MSCI US Investable Market Industrials 25/50 Index and invests in multicapitalization equities focused on the industrials sector.

Why people hold it

EXI Global by design: the S&P Global 1200 Industrials Capped Index reaches past US factories into Europe and Asia in a single ticket.ishares.com
It follows the capped version of the index, so no single conglomerate can dominate a basket of about 220 companies.ishares.com
Live since 2006, through the financial crisis, trade fights and supply-chain chaos, and now a multi-billion-dollar iShares fund.

VIS 0.09% a year against a 0.38% median for broad industrials funds. Index-fund pricing for index-fund work.
About 400 holdings spanning large, mid and small US industrials, so defense primes and railroads sit next to smaller machinery and services names.vanguard.com
Pure index mandate: it follows the MSCI US Investable Market Industrials 25/50 Index and has tracked it very tightly, with no manager stock-picking layered on.
One of the strongest implementations in the broad US industrials group, a multi-billion-dollar fund trading since 2004 and paying quarterly.

Worth knowing

EXI The 0.38% fee sits at the industrials group's midpoint, but US-only rivals such as XLI (0.08%) and VIS (0.09%) charge a fraction of it.
Overseas holdings pull currency moves and foreign market hours into the price, a layer domestic industrials funds skip.ishares.com
Moderately traded rather than heavily, so spreads can run wider than the busiest sector funds, and cash goes out annually or semiannually, not monthly.

VIS One sector, one cycle. Industrials ride capital spending and freight demand, so this tends to move as a block rather than smooth anything out.
The small- and mid-cap tail is part of the design, and it adds bumpiness a large-cap-only sector fund would not carry.vanguard.com
Not the price floor in the group: XLI and FIDU both list 0.08%. One basis point, but worth knowing.

Full EXI profile⁠

Full VIS profile⁠

EXI vs VIS Holdings

How EXI and VIS differ

Overlap by weight

55.3%

Shared holdings make up 79.0% of VIS and 55.3% of EXI.

Level by level

Holdings83 in both55.3%
Countryby domicile59.3%
Sector9 Sectors97.0%
Asset classEquity100%

Sector

Sector weights in EXI and VIS, widest gap first
Sector	More in EXIMore in VIS	EXI	VIS
Technology	VIS +2.1 points	4.3%	6.4%
Communication	EXI +1.8 points	1.8%	0.0%
Industrials	EXI +1.1 points	93.1%	92.0%
Consumer Discretionary	VIS +0.6 points	0.2%	0.8%
Materials	VIS +0.1 points	0.4%	0.5%
Consumer Staples	EXI +0.1 points	0.1%	0.0%
Utilities	Same weight	0.0%	0.0%
Health Care	Same weight	0.0%	0.0%
Financials	Same weight	0.2%	0.2%

Country, concentration and asset class

Country by domicile

Country weights in EXI and VIS, widest gap first
Country	More in EXIMore in VIS	EXI	VIS
United States	VIS +40.7 points	59.3%	100.0%
Japan	EXI +14.9 points	14.9%	0.0%
France	EXI +6.5 points	6.5%	0.0%
Germany	EXI +5.5 points	5.5%	0.0%
United Kingdom	EXI +4.6 points	4.6%	0.0%
Sweden	EXI +3.4 points	3.4%	0.0%
Switzerland	EXI +2.6 points	2.6%	0.0%
Canada	EXI +2.0 points	2.0%	0.0%
South Korea	EXI +1.1 points	1.1%	0.0%

Outside the US: EXI 97% developed, 3% emerging.

Concentration

Weight in the 10 largest Holdings

EXI22.1%
VIS30.9%

Securities held

EXI218
VIS397

Asset class

EXI: Equity
VIS: Equity

Holdings

Only in EXI135
In both83
Only in VIS314

Only in EXI

135 securities, 44.4% of EXI by weight

Siemens N AG2.22%
Recruit Holdings Ltd1.77%
Schneider Electric1.56%
Hitachi1.53%
Rolls-Royce Holdings PLC1.44%
Airbus Group1.38%
Abb Ltd1.37%
Mitsubishi1.18%
Siemens Energy N AG1.10%
Safran SA1.10%
Itochu1.07%
Mitsui0.95%
Bae Systems PLC0.87%
Canadian Pacific Kansas City0.82%
Mitsubishi Heavy Industries0.76%
Relx PLC0.73%
Canadian National Railway0.70%
Sk Square0.62%
Vinci SA0.62%
Dhl AG0.62%
Mitsubishi Electric0.62%
Rheinmetall AG0.56%
Marubeni0.54%
Sumitomo0.53%
Volvo Class B0.52%
Atlas Copco Class A0.49%
Waste Connections0.48%
Dsv0.43%
Fujikura0.43%
Assa Abloy B0.41%
Sandvik0.41%
Legrand SA0.40%
Daikin Industries Ltd0.39%
Prysmian0.38%
Komatsu0.38%
Experian PLC0.37%
Compagnie De Saint Gobain SA0.36%
Fanuc Corp0.35%
Toyota Tsusho0.32%
Transurban Group Stapled Units0.32%
Vestas Wind Systems0.29%
Ferrovial NV0.28%
East Japan Railway0.28%
Atlas Copco Class B0.27%
Kone0.25%
Techtronic Industries0.25%
Geberit AG0.25%
Leonardo Finmeccanica Spa0.24%
Thales SA0.24%
Central Japan Railway0.24%

Only in VIS

314 securities, 20.6% of VIS by weight

Rocket Lab Corp0.56%
Waste Connections Inc0.53%
nVent Electric PLC0.39%
ATI Inc0.38%
XPO Inc0.30%
Curtiss-Wright Corp0.30%
Woodward Inc0.29%
Carpenter Technology Corp0.28%
ITT Inc0.27%
WESCO International Inc0.26%
HEICO Corp0.26%
FTAI Aviation Ltd0.25%
SS&C Technologies Holdings Inc0.24%
Clean Harbors Inc0.23%
Sterling Infrastructure Inc0.22%
RBC Bearings Inc0.21%
Lincoln Electric Holdings Inc0.21%
CACI International Inc0.20%
API Group Corp0.20%
MasTec Inc0.20%
Carlisle Cos Inc0.20%
HEICO Corp0.20%
Mueller Industries Inc0.19%
BWX Technologies Inc0.19%
Graco Inc0.19%
Applied Industrial Technologies Inc0.18%
TransUnion0.18%
Nextpower Inc0.17%
CNH Industrial NV0.17%
QXO Inc0.16%
Moog Inc0.16%
Watsco Inc0.16%
Donaldson Co Inc0.15%
Knight-Swift Transportation Holdings Inc0.15%
Regal Rexnord Corp0.15%
Crane Co0.15%
Watts Water Technologies Inc0.14%
Modine Manufacturing Co0.14%
Owens Corning0.14%
Allison Transmission Holdings Inc0.14%
Flowserve Corp0.14%
Toro Co/The0.14%
Valmont Industries Inc0.14%
American Airlines Group Inc0.13%
Paycom Software Inc0.13%
Acuity Inc0.13%
Advanced Drainage Systems Inc0.13%
Saia Inc0.13%
Ryder System Inc0.13%
Booz Allen Hamilton Holding Corp0.13%

Weight gaps

All 83 Holdings in both funds, largest gap first.

Holding weights in EXI and VIS, widest gap first
Holding	More in EXIMore in VIS	EXI	VIS
Caterpillar IncCAT	VIS +2.64 points	2.98%	5.62%
Ge AerospaceGE	VIS +1.62 points	3.25%	4.87%
Ge VernovaGEV	VIS +1.46 points	2.38%	3.84%
Eaton PLCETN	VIS +1.02 points	1.49%	2.51%
RtxRTX	VIS +0.96 points	2.80%	3.76%
DeereDE	VIS +0.69 points	1.76%	2.45%
BoeingBA	VIS +0.69 points	1.41%	2.10%
Parker-HannifinPH	VIS +0.63 points	1.18%	1.81%
Trane Technologies PLCTT	VIS +0.56 points	0.94%	1.50%
Howmet AerospaceHWM	VIS +0.53 points	0.83%	1.36%
Bloom Energy Class ABE	VIS +0.51 points	0.62%	1.13%
Quanta Services IncPWR	VIS +0.48 points	0.97%	1.45%
Uber TechnologiesUBER	VIS +0.45 points	1.39%	1.84%
Comfort Systems UsaFIX	VIS +0.43 points	0.45%	0.88%
Johnson Controls International PLCJCI	VIS +0.42 points	0.94%	1.36%
Vertiv Holdings Class AVRT	VIS +0.39 points	0.93%	1.32%
Cummins IncCMI	VIS +0.35 points	0.72%	1.07%
3MMMM	VIS +0.35 points	0.94%	1.29%
Emerson ElectricEMR	VIS +0.35 points	0.96%	1.31%
Automatic Data Processing IncADP	VIS +0.34 points	1.21%	1.55%
Waste Management IncWM	VIS +0.33 points	0.90%	1.23%
Paccar IncPCAR	VIS +0.31 points	0.56%	0.87%
Illinois Tool IncITW	VIS +0.31 points	0.75%	1.06%
CsxCSX	VIS +0.30 points	1.00%	1.30%
Honeywell International IncHON	VIS +0.29 points	0.72%	1.01%
Ametek IncAME	VIS +0.27 points	0.58%	0.85%
Delta Air LinesDAL	VIS +0.26 points	0.50%	0.76%
Transdigm GroupTDG	VIS +0.25 points	0.66%	0.91%
Lockheed MartinLMT	VIS +0.25 points	1.34%	1.59%
Norfolk Southern CorpNSC	VIS +0.24 points	0.80%	1.04%
Westinghouse Air Brake TechnologieWAB	VIS +0.24 points	0.49%	0.73%
FastenalFAST	VIS +0.24 points	0.62%	0.86%
Union PacificUNP	VIS +0.23 points	1.88%	2.11%
Honeywell Aerospace IncHONA	VIS +0.23 points	0.51%	0.74%
Rockwell Automation IncROK	VIS +0.23 points	0.50%	0.73%
Fedex CorpFDX	VIS +0.22 points	0.72%	0.94%
CintasCTAS	VIS +0.22 points	0.78%	1.00%
Northrop Grumman CorpNOC	VIS +0.21 points	0.77%	0.98%
Ww Grainger IncGWW	VIS +0.21 points	0.61%	0.82%
United Parcel Service Inc Class BUPS	VIS +0.21 points	0.84%	1.05%
Emcor GroupEME	VIS +0.19 points	0.31%	0.50%
United Airlines HoldingsUAL	VIS +0.19 points	0.35%	0.54%
United RentalsURI	VIS +0.18 points	0.76%	0.94%
Ferguson EnterprisesFERG	VIS +0.17 points	0.48%	0.65%
General Dynamics CorpGD	VIS +0.17 points	0.98%	1.15%
Old Dominion Freight LineODFL	VIS +0.16 points	0.33%	0.49%
Carrier GlobalCARR	VIS +0.16 points	0.46%	0.62%
Ingersoll RandIR	VIS +0.15 points	0.29%	0.44%
Xylem IncXYL	VIS +0.14 points	0.22%	0.36%
Republic Services IncRSG	VIS +0.13 points	0.50%	0.63%
Hubbell IncHUBB	VIS +0.13 points	0.23%	0.36%
L3HARRIS TechnologiesLHX	VIS +0.12 points	0.54%	0.66%
Axon EnterpriseAXON	VIS +0.13 points	0.36%	0.49%
Ch Robinson WorldwideCHRW	VIS +0.11 points	0.15%	0.26%
PaychexPAYX	VIS +0.10 points	0.37%	0.47%
Expeditors International of WashinEXPD	VIS +0.09 points	0.27%	0.36%
Snap On IncSNA	VIS +0.09 points	0.19%	0.28%
Copart IncCPRT	VIS +0.09 points	0.26%	0.35%
DoverDOV	VIS +0.09 points	0.29%	0.38%
NordsonNDSN	VIS +0.08 points	0.18%	0.26%
IdexIEX	VIS +0.07 points	0.18%	0.25%
Jb Hunt Transport ServicesJBHT	VIS +0.08 points	0.17%	0.25%
Otis WorldwideOTIS	VIS +0.07 points	0.30%	0.37%
Southwest AirlinesLUV	VIS +0.07 points	0.22%	0.29%
Dupont De NemoursDD	VIS +0.06 points	0.20%	0.26%
VeraltoVLTO	VIS +0.07 points	0.28%	0.35%
Broadridge Financial Solutions IncBR	VIS +0.07 points	0.21%	0.28%
Verisk AnalyticsVRSK	VIS +0.06 points	0.27%	0.33%
Generac HoldingsGNRC	VIS +0.06 points	0.12%	0.18%
Lennox InternationalLII	VIS +0.06 points	0.11%	0.17%
Jacobs Solutions IncJ	VIS +0.05 points	0.19%	0.24%
Stanley Black & DeckerSWK	VIS +0.05 points	0.16%	0.21%
Textron IncTXT	VIS +0.04 points	0.16%	0.20%
MascoMAS	VIS +0.03 points	0.17%	0.20%
Allegion PLCALLE	VIS +0.04 points	0.16%	0.20%
Leidos HoldingsLDOS	VIS +0.03 points	0.19%	0.22%
FortiveFTV	VIS +0.03 points	0.20%	0.23%
Huntington Ingalls IndustriesHII	VIS +0.03 points	0.13%	0.16%
Fedex Freight Holding Company IncFDXF	VIS +0.02 points	0.16%	0.18%
Rollins IncROL	VIS +0.02 points	0.11%	0.13%
A O SmithAOS	VIS +0.03 points	0.07%	0.10%
EquifaxEFX	VIS +0.03 points	0.22%	0.25%
PentairPNR	VIS +0.02 points	0.11%	0.13%

All 218 EXI holdings⁠All 387 VIS holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EXI vs VIS Cost

Overpaying EXI vs VIS

$5,808

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

EXI 0.38%
$7,706
VIS 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

EXI 0.38%
VIS 0.09%
Overpaying

Year by year

Year	EXI	VIS	Overpaying
10	$688	$165	$523
20	$2,658	$646	$2,012
30	$7,706	$1,898	$5,808

Expense ratio

0.38%EXI
0.09%VIS, cheaper

VIS0.09%EXI0.38%

0.08%0.60%

Middle half of Industrials (Broad) funds
Median 0.33%

VIS 3rd cheapest of 10 funds

EXI 7th cheapest of 10 funds

EXI vs VIS Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EXI 1.13%, better; VIS 0.96%
Payout (12M): EXI $2.12; VIS $3.06
Last payment: EXI $1.15; VIS $0.70
Ex-dividend: EXI Jun 15, 2026; VIS Sep 23, 2026
Paid on: EXI Jun 18, 2026; VIS Sep 25, 2026
Frequency: EXI Twice a year; VIS Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EXITwice a year · 20 paymentsAll EXI payments⁠

VISQuarterly · 39 paymentsAll VIS payments⁠

EXI vs VIS Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: EXI 14.7%, betterVIS 16.9%
Return per unit of riskSharpe ratio, 3 years: EXI 1.10, betterVIS 0.96
Worst fallMax drawdown, 5 years: EXI −27.2%VIS −23.0%, better
Market sensitivityBeta, 5 years: EXI 0.99VIS 1.05; Market = 1

EXI and VIS in the news

All news⁠

New ETFs
iShares' new AI fund holds $220 million, and Walmart is its largest stock
Oct 5, 2026EXI
New ETFs
A new US bank ETF puts 42% in four megabanks and charges 0.14%
Oct 5, 2026EXI

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EXI vs VIS

In short

Stated mandate

Why people hold it

Worth knowing

How EXI and VIS differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EXI

Only in VIS

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

iShares' new AI fund holds $220 million, and Walmart is its largest stock

A new US bank ETF puts 42% in four megabanks and charges 0.14%

How EXI and VIS differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EXI

Only in VIS

Weight gaps