The Vanguard Financials ETF (Ticker: VFH) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI US Investable Market Financials Index. The index represents financial sector companies in the MSCI US Investable Market 2500 Index (IMI), which represents an investable universe the US equity market. The index is composed of companies involved in banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including REITs). Index constituents are reclassified annually according to Global Industry Classification Standards (GICS).