Vanguard ESG U.S. Stock ETF
ALTAR
Score™
4.5% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
28.9x P/Sales
ratio
3.1x
P/BV
ratio
4.4x Div.
yield
1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Vanguard ESG U.S. Stock ETF tracks a market-cap-weighted index of US companies screened for environmental, social, and corporate governance (ESG) criteria.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard
Website investor.vanguard.com
Inception date Sep 18, 2018
Assets (mns) $3,247
Currency USD
Expense ratio 12 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1464
Wgt avg mkt cap (mns) $665,096
Large cap (>$10bn) 89.3%
Mid cap ($2-10bn) 9.7%
Small cap (<$2bn) 0.9%
Developed mkts 99.7%
Emerging mkts 0.3%

TOP TEN HOLDINGS
APPLE INC 10.2 %
MICROSOFT CORP 7.7 %
AMAZON.COM INC 6.4 %
ALPHABET INC. CLASS C 3.1 %
FACEBOOK 3.0 %
TESLA MOTORS INC 2.9 %
ALPHABET INC. CLASS A 2.0 %
JPMORGAN CHASE & CO 1.9 %
VISA INC-CLASS A SHARES 1.6 %
UNITEDHEALTH GROUP INC 1.5 %
Total 40.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 143.2 %
IRELAND 2.4 %
BRITAIN 1.9 %
BERMUDA 0.5 %
SWITZERLAND 0.5 %
ARGENTINA 0.4 %
NETHERLANDS 0.3 %
LUXEMBOURG 0.2 %
ISRAEL 0.2 %
BRAZIL 0.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
25.7% 25.7% -- -- 22.6%

Market Correlations
versus... Beta R-squared
S&P500 1.02 100%
MSCI EAFE 0.96 86%
MSCI Emg. Mkts. 0.80 72%

Technical Indicators
Recent close $72.47
30d moving avg. $70.30
Annualized volatility 21.1%
Short interest (ETF) 0.0%
Relative strength (RSI) 70

Liquidity measures
Avg. volume (thou.) 429
Turnover 1.0%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $291,933

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the Vanguard ESG U.S. Stock ETF ETF based on the alternatives' overlap in portfolio holdings with ESGV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ESGV Expense: 12 bp ALTAR Score™: 4.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ESGV
Ticker Fund
Name
Overlap1
vs ESGV
(%)
Expense
ratio
(bp)
Savings
vs ESGV
(bp)
ALTAR
Score™
(%)
ALTAR
vs ESGV
(%)
IQSU IQ Candriam ESG US Equity ETF 91.6 9 3 4.5 +0.0
XVV iShares ESG Screened S&P 500 ETF 91.4 8 4 4.9 +0.4
EFIV SPDR S&P 500 ESG ETF 90.5 10 2 4.6 +0.1
SNPE Xtrackers S&P 500 ESG ETF 90.4 10 2 4.6 +0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 88.3 60 -48 3.6 -0.9
PBP Invesco S&P 500 BuyWrite ETF 87.3 49 -37 4.3 -0.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 87.2 12 0 4.0 -0.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 87.1 20 -8 4.6 +0.1
MGC Vanguard Mega Cap Index Fund 86.7 7 5 4.6 +0.1
IWL iShares Russell Top 200 ETF 86.3 15 -3 4.4 -0.1
BKLC BNY Mellon US Large Cap Core Equity ETF 86.2 0 12 4.4 -0.0
VTHR Vanguard Russell 3000 Index Fund 86.1 10 2 4.4 -0.1
SPXE ProShares S&P 500 Ex-Energy ETF 85.9 27 -15 4.6 +0.2
XYLG Global X S&P 500 Covered Call & Growth ETF 85.7 60 -48 4.4 -0.1
IWF iShares Russell 1000 Growth ETF 85.7 19 -7 3.4 -1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 85.6 20 -8 4.8 +0.3
VONG Vanguard Russell 1000 Growth Index Fund 84.9 8 4 3.5 -0.9
PBUS Invesco PureBeta MSCI USA ETF 84.6 4 8 4.6 +0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 84.5 7 5 4.5 +0.1
SPY SPDR S&P 500 ETF Trust 84.5 9 3 4.7 +0.2
SPLG SPDR Portfolio Large Cap ETF 84.4 3 9 4.7 +0.3
IVV iShares Core S&P 500 ETF 84.4 3 9 4.7 +0.3
SCHK Schwab 1000 Index ETF 84.3 5 7 4.6 +0.1
IWB iShares Russell 1000 ETF 84.2 15 -3 4.4 -0.0
IUSG iShares Core S&P US Growth ETF 84.2 4 8 3.6 -0.8
SCHX Schwab U.S. Large-Cap ETF 84.1 3 9 4.5 +0.1
SPTM SPDR Portfolio Total Stock Market ETF 83.8 3 9 4.8 +0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 83.8 2 10 4.6 +0.2
SPXN ProShares S&P 500 Ex-Financials ETF 83.8 27 -15 4.3 -0.1
IYY iShares Dow Jones U.S. ETF 83.8 20 -8 4.4 -0.1
OEF iShares S&P 100 ETF 83.5 20 -8 4.2 -0.3
VOOG Vanguard S&P 500 Growth ETF 83.4 10 2 3.9 -0.6
VV Vanguard Large-Cap Index Fund 82.9 4 8 4.6 +0.1
VOO VANGUARD S&P 500 ETF 82.8 3 9 4.8 +0.3
IWV iShares Russell 3000 ETF 82.8 20 -8 4.3 -0.2
SPXV ProShares S&P 500 Ex-Health Care ETF 82.8 27 -15 4.3 -0.2
SCHB Schwab U.S. Broad Market ETF 82.5 3 9 4.4 -0.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 82.0 3 9 4.4 -0.1
VUG Vanguard Growth Index Fund 81.7 4 8 3.5 -1.0
SPYG SPDR Portfolio S&P 500 Growth ETF 81.6 4 8 3.6 -0.8
IVW iShares S&P 500 Growth ETF 81.6 18 -6 3.5 -1.0
ESGU iShares MSCI USA ESG Optimized ETF 81.2 15 -3 4.4 -0.1
CATH Global X S&P 500 Catholic Values Custom ETF 80.5 29 -17 4.6 +0.1
VTI Vanguard Total Stock Market Index Fund 79.8 3 9 4.4 -0.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 79.6 15 -3 4.6 +0.2
DFAU Dimensional US Core Equity Market ETF 79.2 12 0 4.7 +0.2
ESG FlexShares STOXX US ESG Impact Index Fund 78.0 32 -20 4.4 -0.0
SPXT ProShares S&P 500 Ex-Technology ETF 77.9 27 -15 4.9 +0.4
VONE Vanguard Russell 1000 ETF 77.1 8 4 4.5 +0.1
JHML John Hancock Multifactor Large Cap ETF 76.8 29 -17 4.8 +0.4
DSI iShares MSCI KLD 400 Social ETF 76.6 25 -13 4.5 +0.1
SFY SoFi Select 500 ETF 75.5 0 12 4.6 +0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 75.0 9 3 4.8 +0.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 75.0 21 -9 2.8 -1.6
IWY iShares Russell Top 200 Growth ETF 73.7 20 -8 3.5 -0.9
SCHG Schwab U.S. Large-Cap Growth ETF 72.8 4 8 3.1 -1.3
EPS WisdomTree U.S. Earnings 500 Fund 72.7 8 4 5.9 +1.4
AVUS Avantis U.S. Equity ETF 72.2 15 -3 4.8 +0.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 70.8 49 -37 3.4 -1.1
XLG Invesco S&P 500 Top 50 ETF 70.1 20 -8 4.0 -0.4
MGK Vanguard Mega Cap Growth ETF 70.0 7 5 3.6 -0.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 69.6 30 -18 5.2 +0.8
QUS SPDR MSCI USA StrategicFactors ETF 69.3 15 -3 5.3 +0.8
SUSL iShares ESG MSCI USA Leaders ETF 68.7 10 2 4.8 +0.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 68.7 10 2 4.8 +0.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 67.8 25 -13 4.9 +0.4
VEGN US Vegan Climate ETF 67.2 60 -48 3.9 -0.5
IETC iShares Evolved U.S. Technology ETF 66.5 18 -6 3.4 -1.0
RECS Columbia Research Enhanced Core ETF 65.8 15 -3 5.1 +0.6
HIPR Direxion High Growth ETF 65.7 40 -28 3.8 -0.7
NACP Impact Shares NAACP Minority Empowerment ETF 65.5 49 -37 4.7 +0.2
TMFC Motley Fool 100 Index ETF 65.1 50 -38 3.0 -1.5
RESP WisdomTree US ESG Fund of Benef Interest 64.6 28 -16 5.0 +0.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 64.4 30 -18 5.0 +0.6
PRF Invesco FTSE RAFI US 1000 ETF 64.3 39 -27 5.8 +1.3
SCHV Schwab U.S. Large-Cap Value ETF 63.7 4 8 6.1 +1.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 63.3 25 -13 5.7 +1.2
WOMN Impact Shares YWCA Women's Empowerment ETF 63.3 75 -63 3.5 -1.0
DTD WisdomTree U.S.Total Dividend Fund 63.0 28 -16 6.2 +1.8
DIVB iShares U.S. Dividend & Buyback ETF 62.8 25 -13 5.9 +1.4
QQQM Invesco NASDAQ 100 ETF 62.7 15 -3 3.5 -1.0
QQQ Invesco QQQ Trust 62.7 20 -8 3.4 -1.0
QYLD Global X NASDAQ 100 Covered Call ETF 62.7 60 -48 3.1 -1.3
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 62.7 60 -48 3.1 -1.4
NUSI Nationwide Risk-Managed Income ETF 62.7 68 -56 3.1 -1.4
IGM iShares Expanded Tech Sector ETF 62.7 46 -34 3.3 -1.2
VONV Vanguard Russell 1000 Value Index Fund 62.4 8 4 6.2 +1.7
VOOV Vanguard S&P 500 Value ETF 62.4 10 2 6.6 +2.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 62.1 25 -13 5.7 +1.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 62.0 15 -3 5.8 +1.3
IWD iShares Russell 1000 Value ETF 61.6 19 -7 6.0 +1.6
DLN WisdomTree U.S. LargeCap Dividend Fund 60.7 28 -16 6.1 +1.7
KOKU Xtrackers MSCI Kokusai Equity ETF 60.6 9 3 5.0 +0.6
TOK iShares MSCI Kokusai ETF 60.5 25 -13 4.9 +0.4
USXF iShares ESG Advanced MSCI USA ETF 60.4 10 2 4.5 +0.1
IUSV iShares Core S&P U.S. Value ETF 60.2 4 8 6.4 +2.0
IUS Invesco Strategic US ETF 58.5 19 -7 5.5 +1.0
SUSA iShares MSCI USA ESG Select ETF 57.8 25 -13 4.2 -0.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Vanguard ESG U.S. Stock ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.7 %
Divided by: Fwd. P/BV 3.9 x
Less: Expense ratio 12 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.43 CATEGORY
AVERAGE
1.49
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.