VCR
Vanguard Consumer Discretionary ETF · Vanguard
US Sectors
1Y Return
-1.2%
Expense Ratio
0.09%
AUM
$5.9B
Dividend Yield
0.75%
Avg Annual Growth (10Y)
+17.9%
Issuer
Vanguard

Overview

What Americans buy when they choose to — Amazon, Tesla, Home Depot and around 287 retail, travel and leisure companies.

Top Holdings

TickerHoldingWeight
AMZNAmazon.com Inc.21.4%
TSLATesla Inc.12.8%
HDHome Depot6.1%
MCDMcDonald's Corp.3.9%
BKNGBooking Holdings3.6%
TJXTJX Companies2.9%
LOWLowe's Companies2.6%
SBUXStarbucks Corp.2.1%
NKENike Inc.1.7%
CMGChipotle Mexican Grill1.5%

Fund Details

Index
MSCI US IMI Consumer Discretionary 25/50
# Holdings
~287
Inception
Jan 2004
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+17.9%
Avg Annual Yield (10Y)
0.96%

Investment Thesis

Discretionary is the consumer's mood ring, and the slightly negative year tells that story: tariff pressure on goods, a cooling labour market, and two stocks — Amazon and Tesla at a third of the fund — whose idiosyncratic swings dominate the sector math. When rate cuts refill consumer wallets, this is historically among the first sectors to run.

Who It's For

Cyclical investors positioning for a consumer rebound, accepting the heavy Amazon/Tesla concentration that comes with any cap-weighted version of this sector.

10-Year History

Annual Closing Price
YearClose% Chg
2016$113.14--
2017$138.03+22.0%
2018$136.65-1.0%
2019$173.54+27.0%
2020$251.64+45.0%
2021$322.10+28.0%
2022$206.14-36.0%
2023$288.60+40.0%
2024$363.64+26.0%
2025$400.00+10.0%
Annual Dividend Yield
YearYield
20161.40%
20171.20%
20181.30%
20191.20%
20200.80%
20210.60%
20220.90%
20230.80%
20240.70%
20250.70%
Annual AUM
YearAUM% Chg
2016$2B--
2017$2.5B+25.0%
2018$3B+20.0%
2019$3.5B+16.7%
2020$5B+42.9%
2021$7B+40.0%
2022$4.5B-35.7%
2023$5.5B+22.2%
2024$6.5B+18.2%
2025$6B-7.7%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of September 2026.

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