
Industrial stocks were one of the best-performing asset classes in 2025. The Vanguard Industrials ETF (NYSEARCA: VIS), a fund that tracks the broader sector, was up over 21% for the year, outpacing the S&P 500 Index, which returned around 16%.
A key reason industrials could extend their strength in 2026 is sustained capital expenditure (CapEx) spending.