Morningstar Rating

ETF Research and Analysis

by Robert Goldsborough
Vanguard Industrials ETF VIS offers investors broad market-cap-weighted exposure to the industrials sector. VIS owns large- and mid-cap industrials companies, which are very sensitive both to domestic macroeconomic trends   Read more 

Bull Case

At 0.12%, VIS has the cheapest expense ratio of any large and liquid industrials ETF.
As the economic recovery continues, late-cycle firms in this ETF could shine.
Many of the industrials firms held in this ETF have made themselves leaner and more efficient since the downturn. Read more 

Bear Case

The aerospace and U.S. nonresidential construction segments have continued to struggle.
Defense companies currently are facing reduced government spending because of U.S. budget sequestration.
Weak global growth would weigh on many of the firms in this portfolio. Read more 

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