Sector concentrations

As of 03/31/2025

Knowing the sectors your funds invest in can help you see how well your portfolio is diversified. Investing in funds holding securities from a variety of sectors helps protect you from the risk that goes with "putting all your eggs into one basket."

Listed below are Vanguard funds that currently have weightings of 15% or greater in each sector. Not included are sector-specific funds, which may concentrate nearly all of their holdings in a single sector. Portfolio allocations are subject to change and are updated monthly.

Consumer discretionary

Learn more about consumer discretionary.
 
U.S. Growth Fund Investor 18.0%
Explorer Value Fund 16.7%
 
 
Consumer staples

Learn more about consumer staples.
 
No Vanguard fund has 15% or more of its holdings invested in this sector. 
 
 
Energy

Learn more about energy.
 
No Vanguard fund has 15% or more of its holdings invested in this sector. 
 
 
Financials

Learn more about financials.
 
Explorer Value Fund 25.6%
Selected Value Fund 25.2%
Windsor Fund Investor 21.5%
Equity Income Fund Inv 20.6%
Windsor II Fund Inv 19.7%
Strategic Sm-Cap Equity 19.4%
Strategic Equity Fund 17.3%
Dividend Growth Fund 16.4%
Growth and Income Inv 16.1%
 
 
Health care

Learn more about health care.
 
PRIMECAP Fund Investor 30.3%
Capital Opportunity Inv 29.5%
PRIMECAP Core Fund 27.3%
Explorer Fund Investor 18.7%
Windsor Fund Investor 17.6%
Equity Income Fund Inv 16.8%
Dividend Growth Fund 16.6%
Windsor II Fund Inv 15.2%
 
 
Industrials

Learn more about industrials.
 
Explorer Fund Investor 21.6%
Mid-Cap Growth Fund 18.5%
Strategic Sm-Cap Equity 18.4%
Strategic Equity Fund 18.1%
Selected Value Fund 17.9%
Dividend Growth Fund 17.0%
Explorer Value Fund 16.2%
PRIMECAP Core Fund 15.8%
 
 
Information technology

Learn more about information technology.
 
U.S. Growth Fund Investor 37.4%
Mid-Cap Growth Fund 31.1%
Growth and Income Inv 28.0%
Capital Opportunity Inv 26.5%
PRIMECAP Fund Investor 25.8%
PRIMECAP Core Fund 23.0%
Windsor II Fund Inv 20.4%
Dividend Growth Fund 18.5%
Explorer Fund Investor 17.5%
 
 
Materials

Learn more about materials.
 
No Vanguard fund has 15% or more of its holdings invested in this sector. 
 
 
Telecommunication services

Learn more about telecommunications services.
 
U.S. Growth Fund Investor 18.2%
 
 
Utilities

Learn more about utilities.
 
No Vanguard fund has 15% or more of its holdings invested in this sector.