IYJ vs VIS: Grades, Fees and Holdings Compared

iShares U.S. Industrials ETF

IYJCCboe

Vanguard Industrials ETF

VISBNYSE Arca

Overlap

68.1%by weight

Expense ratio

VIS −0.28pt a year

IYJ0.37%VIS0.09%

Avg volume · 30D

VIS 1.02×the volume

IYJ127KVIS130K

10Y return · a year

VIS +0.9pt

IYJ+12.2%VIS+13.1%

IYJ vs VIS Performance

Oct 29, 2021 – Oct 30, 2026

+49.4%IYJ+70.4%VIS

Expense ratio: IYJ 0.37%; VIS 0.09%, better
Fund size: IYJ $1.82B; VIS $8.6B
1Y total return: IYJ +9.0%, better; VIS +7.8%
Yield (12M): IYJ 0.67%; VIS 0.96%, better
Holdings: IYJ 217; VIS 399
Avg volume (30D): IYJ 127K sh; VIS 130K sh, better
NAV per share: IYJ $158.53; VIS $320.68
52W range

ETF.net Grade

Pillar letters and Scores for IYJ, VIS, with each pillar’s weight
Pillar	IYJ	VIS
Cost30% weight	C41	A72Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C54	B60Higher
Tradability15% weight	A71Higher	C53
Holdings10% weight	C46	B58Higher
Durability5% weight	B66	A83Higher

Rank among Industrials (Broad) funds

How we build Categories ›

Same Category. IYJ 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 IYJ 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
Rank 6CPSCIInvesco S&P SmallCap Industrials ETFScore 49

Our read on each fund

ETF.net Research

IYJCiShares U.S. Industrials ETF

VISBVanguard Industrials ETF

In short

IYJ Industrials with a wider net: roughly 200 construction, manufacturing and transport names drawn from the Russell 1000, not just the S&P 500 blue chips. An iShares original, trading since 2000.

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

IYJ The fund seeks to track an index of U.S. industrial-sector equities, providing diversified access to companies involved in construction, manufacturing, and transportation.

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

IYJ Casts a wider net than S&P 500 sector funds: roughly 200 holdings pulled from the Russell 1000 industrials, so mid-cap machinery, transport and services names make the cut.blackrock.com ssga.com
The index is a capped build, trimming outsized single-stock weights at rebalance to stay inside fund diversification limits. One mega-cap industrial can't quietly take over.lseg.com
Listed since June 2000 and now a multi-billion-dollar fund that pays quarterly. Long operating history through several industrial cycles, run by the biggest ETF shop around.

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

IYJ Breadth costs: 0.37% sits near the industrials category median, but plain-vanilla rivals XLI (0.08%), FIDU (0.084%) and VIS (0.09%) charge a fraction of it.
Still market-cap weighted under the caps, so the largest industrials set the tone while the long tail of mid caps carries small weights.blackrock.com
One sector, one cycle: construction, manufacturing and transportation earnings swing with the economy, so this moves on industrial news, not the whole market's.

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 IYJ profile⁠

Full VIS profile⁠

IYJ vs VIS Holdings

How IYJ and VIS differ

Overlap by weight

68.1%

Shared holdings make up 83.5% of VIS and 68.3% of IYJ.

Level by level

Sector17 Sectors0.7%
Holdings158 in both68.1%
Countryby domicile99.1%
Asset classEquity100%

Sector

Sector weights in IYJ and VIS, widest gap first
Sector	More in IYJMore in VIS	IYJ	VIS
Industrials	VIS +92.0 points	0.0%	92.0%
Capital Goods	IYJ +55.5 points	55.5%	0.0%
Financials	IYJ +21.4 points	21.6%	0.2%
Transportation	IYJ +8.3 points	8.3%	0.0%
Technology	VIS +6.4 points	0.0%	6.4%
Commercial & Professional Services	IYJ +5.1 points	5.1%	0.0%
Materials	IYJ +4.4 points	4.9%	0.5%
Software & Services	IYJ +2.2 points	2.2%	0.0%
Tech Hardware & Equip	IYJ +1.6 points	1.6%	0.0%
Consumer Discretionary	VIS +0.8 points	0.0%	0.8%
Pharma, Biotech & Life Sciences	IYJ +0.4 points	0.4%	0.0%
Semiconductors & Semiconductor Equipment	IYJ +0.2 points	0.2%	0.0%
Consumer Durables	IYJ +0.1 points	0.1%	0.0%
Consumer Services	IYJ +0.1 points	0.1%	0.0%
Utilities	Same weight	0.0%	0.0%
Health Care	Same weight	0.0%	0.0%
Communication	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in IYJ and VIS, widest gap first
Country	More in IYJMore in VIS	IYJ	VIS
United States	VIS +0.9 points	99.1%	100.0%
United Kingdom	IYJ +0.5 points	0.5%	0.0%
Other countries (3)	IYJ +0.4 points	0.4%	0.0%

Concentration

Weight in the 10 largest Holdings

IYJ36.5%
VIS30.9%

Securities held

IYJ214
VIS397

Asset class

IYJ: Equity
VIS: Equity

Holdings

Only in IYJ56
In both158
Only in VIS239

Only in IYJ

56 securities, 31.6% of IYJ by weight

Visa Class A8.58%
Mastercard Class A6.30%
American Express2.05%
Accenture PLC Class A1.94%
Capital One Financial Corp1.51%
Sherwin Williams0.93%
Crh Public Limited PLC0.74%
Keysight Technologies0.64%
PayPal Holdings0.59%
Block Class A0.49%
Vulcan Materials0.45%
Sunbelt Rentals Holdings Inc0.42%
Mettler Toledo0.41%
Martin Marietta Materials0.39%
Teledyne Technologies0.37%
Ppg Industries0.33%
Fiserv Inc0.32%
Corpay0.31%
Dow0.31%
Synchrony Financial0.30%
Smurfit Westrock PLC0.28%
Packaging Corp of America0.27%
Global Payments Inc0.27%
Amcor PLC0.27%
Affirm Holdings Class A0.25%
Fidelity National Information Serv0.24%
Ball Corp0.22%
Zebra Technologies Corp Class A0.21%
Trimble Inc0.18%
Mks0.17%
Rpm International Inc0.16%
Crown Holdings Inc0.16%
Jack Henry and Associates Inc0.14%
Littelfuse0.12%
Cognex0.11%
Aptargroup0.11%
Mohawk Industries0.09%
Ralliant0.09%
Axalta Coating Systems0.09%
James Hardie Industries PLC0.09%
Wex0.07%
Aurora Innovation Class A0.07%
Eagle Materials Inc0.07%
Adt Inc0.06%
Vontier0.06%
Sonoco Products0.06%
Forgent Power Solutions Class A0.06%
Brunswick Corp0.06%
Bill Holdings0.05%
Silgan Holdings0.04%

Only in VIS

239 securities, 16.1% of VIS by weight

Uber Technologies Inc1.84%
Waste Management Inc1.23%
Fastenal Co0.86%
Delta Air Lines Inc0.76%
Republic Services Inc0.63%
United Airlines Holdings Inc0.54%
Waste Connections Inc0.53%
Copart Inc0.35%
Southwest Airlines Co0.29%
Carpenter Technology Corp0.28%
Broadridge Financial Solutions Inc0.28%
SS&C Technologies Holdings Inc0.24%
Clean Harbors Inc0.23%
Leidos Holdings Inc0.22%
RBC Bearings Inc0.21%
CACI International Inc0.20%
Mueller Industries Inc0.19%
Nextpower Inc0.17%
Moog Inc0.16%
American Airlines Group Inc0.13%
Paycom Software Inc0.13%
Rollins Inc0.13%
Timken Co/The0.11%
Arcosa Inc0.11%
Zurn Elkay Water Solutions Corp0.10%
ESCO Technologies Inc0.10%
EnerSys0.10%
Matson Inc0.10%
Federal Signal Corp0.10%
Fluor Corp0.10%
Hexcel Corp0.10%
Enpro Inc0.09%
Terex Corp0.09%
GATX Corp0.09%
Lyft Inc0.09%
JBT Marel Corp0.08%
Science Applications International Corp0.08%
Granite Construction Inc0.08%
Mobility Global Inc0.08%
Argan Inc0.08%
Casella Waste Systems Inc0.08%
Xometry Inc0.07%
MYR Group Inc0.07%
Mercury Systems Inc0.07%
CSW Industrials Inc0.07%
KBR Inc0.07%
VSE Corp0.07%
UFP Industries Inc0.07%
Construction Partners Inc0.07%
Alaska Air Group Inc0.06%

Weight gaps

The 100 widest of 158 Holdings in both funds.

Holding weights in IYJ and VIS, widest gap first
Holding	More in IYJMore in VIS	IYJ	VIS
Caterpillar IncCAT	VIS +2.16 points	3.46%	5.62%
Ge AerospaceGE	VIS +1.06 points	3.81%	4.87%
Ge VernovaGEV	VIS +1.02 points	2.82%	3.84%
Eaton PLCETN	VIS +0.75 points	1.76%	2.51%
BoeingBA	VIS +0.50 points	1.60%	2.10%
RtxRTX	VIS +0.46 points	3.30%	3.76%
Bloom Energy Class ABE	VIS +0.44 points	0.69%	1.13%
Parker-HannifinPH	VIS +0.42 points	1.39%	1.81%
DeereDE	VIS +0.41 points	2.04%	2.45%
Trane Technologies PLCTT	VIS +0.39 points	1.11%	1.50%
Howmet AerospaceHWM	VIS +0.39 points	0.97%	1.36%
Comfort Systems UsaFIX	VIS +0.35 points	0.53%	0.88%
Quanta Services IncPWR	VIS +0.32 points	1.13%	1.45%
Johnson Controls International PLCJCI	VIS +0.26 points	1.10%	1.36%
Vertiv Holdings Class AVRT	VIS +0.23 points	1.09%	1.32%
Cummins IncCMI	VIS +0.23 points	0.84%	1.07%
Paccar IncPCAR	VIS +0.23 points	0.64%	0.87%
Rocket Lab CorpRKLB	VIS +0.19 points	0.37%	0.56%
3MMMM	VIS +0.19 points	1.10%	1.29%
Ametek IncAME	VIS +0.18 points	0.67%	0.85%
Emerson ElectricEMR	VIS +0.18 points	1.13%	1.31%
Honeywell International IncHON	VIS +0.16 points	0.85%	1.01%
Westinghouse Air Brake TechnologieWAB	VIS +0.15 points	0.58%	0.73%
Nvent Electric PLCNVT	VIS +0.14 points	0.25%	0.39%
Honeywell Aerospace IncHONA	VIS +0.14 points	0.60%	0.74%
Emcor GroupEME	VIS +0.13 points	0.37%	0.50%
Rockwell Automation IncROK	VIS +0.13 points	0.60%	0.73%
Transdigm GroupTDG	VIS +0.12 points	0.79%	0.91%
CsxCSX	VIS +0.12 points	1.18%	1.30%
Automatic Data Processing IncADP	VIS +0.11 points	1.44%	1.55%
AtiATI	VIS +0.11 points	0.27%	0.38%
Carrier GlobalCARR	VIS +0.11 points	0.51%	0.62%
Norfolk Southern CorpNSC	VIS +0.10 points	0.94%	1.04%
Fedex CorpFDX	VIS +0.10 points	0.84%	0.94%
Xylem IncXYL	VIS +0.10 points	0.26%	0.36%
Ww Grainger IncGWW	VIS +0.10 points	0.72%	0.82%
Old Dominion Freight LineODFL	VIS +0.10 points	0.39%	0.49%
Union PacificUNP	IYJ +0.10 points	2.21%	2.11%
Sterling InfrastructureSTRL	VIS +0.09 points	0.13%	0.22%
Ferguson EnterprisesFERG	VIS +0.09 points	0.56%	0.65%
Curtiss WrightCW	VIS +0.09 points	0.21%	0.30%
Hubbell IncHUBB	VIS +0.09 points	0.27%	0.36%
Ch Robinson WorldwideCHRW	VIS +0.08 points	0.18%	0.26%
Axon EnterpriseAXON	VIS +0.09 points	0.40%	0.49%
CintasCTAS	VIS +0.08 points	0.92%	1.00%
Illinois Tool IncITW	VIS +0.08 points	0.98%	1.06%
WoodwardWWD	VIS +0.07 points	0.22%	0.29%
Northrop Grumman CorpNOC	VIS +0.07 points	0.91%	0.98%
Snap On IncSNA	VIS +0.06 points	0.22%	0.28%
Wesco InternationalWCC	VIS +0.06 points	0.20%	0.26%
United Parcel Service Inc Class BUPS	VIS +0.06 points	0.99%	1.05%
Modine ManufacturingMOD	VIS +0.06 points	0.08%	0.14%
Ingersoll RandIR	VIS +0.06 points	0.38%	0.44%
Itt IncITT	VIS +0.05 points	0.22%	0.27%
GracoGGG	VIS +0.06 points	0.13%	0.19%
Mastec IncMTZ	VIS +0.06 points	0.14%	0.20%
NordsonNDSN	VIS +0.05 points	0.21%	0.26%
Applied Industrial TechnologiesAIT	VIS +0.05 points	0.13%	0.18%
VicorVICR	VIS +0.05 points	0.06%	0.11%
United RentalsURI	VIS +0.05 points	0.89%	0.94%
Expeditors International of WashinEXPD	VIS +0.04 points	0.32%	0.36%
Generac HoldingsGNRC	VIS +0.04 points	0.14%	0.18%
Jb Hunt Transport ServicesJBHT	VIS +0.05 points	0.20%	0.25%
Ies IncIESC	VIS +0.05 points	0.04%	0.09%
Bwx Technologies IncBWXT	VIS +0.04 points	0.15%	0.19%
Cnh Industrial N.v.CNH	VIS +0.04 points	0.13%	0.17%
IdexIEX	VIS +0.04 points	0.21%	0.25%
Heico Class AHEI.A	VIS +0.04 points	0.22%	0.26%
DoverDOV	VIS +0.04 points	0.34%	0.38%
Dycom Industries IncDY	VIS +0.04 points	0.08%	0.12%
XpoXPO	VIS +0.04 points	0.26%	0.30%
Valmont IndsVMI	VIS +0.04 points	0.10%	0.14%
Lennox InternationalLII	VIS +0.04 points	0.13%	0.17%
DonaldsonDCI	VIS +0.03 points	0.12%	0.15%
QxoQXO	VIS +0.03 points	0.13%	0.16%
Knight-Swift Transportation HoldinKNX	VIS +0.03 points	0.12%	0.15%
PaychexPAYX	VIS +0.03 points	0.44%	0.47%
Lincoln Electric HoldingsLECO	VIS +0.03 points	0.18%	0.21%
Allison Transmission HoldingsALSN	VIS +0.03 points	0.11%	0.14%
L3HARRIS TechnologiesLHX	VIS +0.03 points	0.63%	0.66%
AaonAAON	VIS +0.03 points	0.06%	0.09%
WatscoWSO	VIS +0.03 points	0.13%	0.16%
Dupont De NemoursDD	VIS +0.03 points	0.23%	0.26%
Spx Technologies IncSPXC	VIS +0.02 points	0.10%	0.12%
HeicoHEI	VIS +0.03 points	0.17%	0.20%
Kratos Defense and Security SolutiKTOS	VIS +0.03 points	0.09%	0.12%
Fedex Freight Holding Company IncFDXF	IYJ +0.03 points	0.21%	0.18%
Gates Industrial PLCGTES	VIS +0.03 points	0.07%	0.10%
Landstar SystemLSTR	VIS +0.03 points	0.06%	0.09%
Watts Water Technologies Class AWTS	VIS +0.02 points	0.12%	0.14%
CraneCR	VIS +0.03 points	0.12%	0.15%
Powell Industries IncPOWL	VIS +0.02 points	0.06%	0.08%
AgcoAGCO	VIS +0.02 points	0.08%	0.10%
Owens CorningOC	VIS +0.02 points	0.12%	0.14%
Everus Construction GroupECG	VIS +0.02 points	0.06%	0.08%
Regal RexnordRRX	VIS +0.02 points	0.13%	0.15%
Sensata Technologies Holding PLCST	VIS +0.02 points	0.07%	0.09%
Jacobs Solutions IncJ	VIS +0.02 points	0.22%	0.24%
Ftai AviationFTAI	VIS +0.02 points	0.23%	0.25%
General Dynamics CorpGD	IYJ +0.02 points	1.17%	1.15%

All 214 IYJ 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.

IYJ vs VIS Cost

Overpaying IYJ vs VIS

$5,615

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

IYJ 0.37%
$7,513
VIS 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

IYJ 0.37%
VIS 0.09%
Overpaying

Year by year

Year	IYJ	VIS	Overpaying
10	$670	$165	$505
20	$2,590	$646	$1,944
30	$7,513	$1,898	$5,615

Expense ratio

0.37%IYJ
0.09%VIS, cheaper

VIS0.09%IYJ0.37%

0.08%0.60%

Middle half of Industrials (Broad) funds
Median 0.33%

VIS 3rd cheapest of 10 funds

IYJ 6th cheapest of 10 funds

IYJ vs VIS Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IYJ 0.67%; VIS 0.96%, better
Payout (12M): IYJ $1.06; VIS $3.06
Last payment: IYJ $0.30; VIS $0.70
Ex-dividend: IYJ Sep 15, 2026; VIS Sep 23, 2026
Paid on: IYJ Sep 18, 2026; VIS Sep 25, 2026
Frequency: IYJ Quarterly; VIS Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IYJQuarterly · 39 paymentsAll IYJ payments⁠

VISQuarterly · 39 paymentsAll VIS payments⁠

IYJ vs VIS Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: IYJ 15.3%, betterVIS 16.9%
Return per unit of riskSharpe ratio, 3 years: IYJ 0.92VIS 0.96, better
Worst fallMax drawdown, 5 years: IYJ −26.0%VIS −23.0%, better
Market sensitivityBeta, 5 years: IYJ 1.01VIS 1.05; Market = 1

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