VOX
Vanguard Communication Services ETF · Vanguard
US Sectors
1Y Return
+3.8%
Expense Ratio
0.09%
AUM
$5.7B
Dividend Yield
1.03%
Avg Annual Growth (10Y)
+12.6%
Issuer
Vanguard

Overview

The attention economy in one sector — Alphabet, Meta, Netflix and Disney beside the telecom utilities, around 119 companies.

Top Holdings

TickerHoldingWeight
GOOGLAlphabet Inc. A12.4%
METAMeta Platforms11.9%
GOOGAlphabet Inc. C10.2%
NFLXNetflix Inc.5.4%
DISWalt Disney Co.4.4%
TAT&T Inc.4.2%
VZVerizon Communications4.0%
TMUST-Mobile US3.8%
CMCSAComcast Corp.3.1%
SPOTSpotify Technology2.4%

Fund Details

Index
MSCI US IMI Communication Services 25/50
# Holdings
~119
Inception
Sep 2004
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+12.6%
Avg Annual Yield (10Y)
1.13%

Investment Thesis

VOX is really two sectors wearing one label: the ad-and-streaming giants that behave like growth tech, and the telecom utilities that behave like bond proxies — a barbell that mutes both extremes. With Alphabet and Meta near 35% combined, the fund is largely a bet on digital advertising's AI-fuelled margins, with dividend-paying carriers as ballast.

Who It's For

Investors who want the Alphabet/Meta complex through a sector wrapper — often to complement an XLK that excludes them — with telecom income smoothing the ride.

10-Year History

Annual Closing Price
YearClose% Chg
2016$77.62--
2017$76.84-1.0%
2018$64.55-16.0%
2019$81.33+26.0%
2020$103.29+27.0%
2021$117.75+14.0%
2022$73.01-38.0%
2023$108.78+49.0%
2024$145.76+34.0%
2025$172.00+18.0%
Annual Dividend Yield
YearYield
20161.60%
20171.50%
20181.40%
20191.10%
20200.90%
20210.70%
20221.10%
20231.00%
20241.00%
20251.00%
Annual AUM
YearAUM% Chg
2016$2.5B--
2017$2.2B-12.0%
2018$2.5B+13.6%
2019$3B+20.0%
2020$3.8B+26.7%
2021$4.5B+18.4%
2022$2.8B-37.8%
2023$3.5B+25.0%
2024$5B+42.9%
2025$5.5B+10.0%

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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