Vanguard Mega Cap Value ETF
ALTAR
Score™
7.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
19.1x P/Sales
ratio
1.7x
P/BV
ratio
2.1x Div.
yield
3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Mega Cap 300 Value ETF seeks investment results that correspond to the price and yield of the MSCI US Large Cap Value Index.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group
Website www.vanguard.com
Inception date Dec 21, 2007
Assets (mns) $2,790
Currency USD
Expense ratio 7 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian #N/A Field Not Applicable
Weighting Multi-Factor
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 156
Wgt avg mkt cap (mns) $160,226
Large cap (>$10bn) 99.8%
Mid cap ($2-10bn) 0.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JOHNSON & JOHNSON 3.9 %
BERKSHIRE HATHAWAY INC-CL B 3.6 %
JPMORGAN CHASE & CO 2.9 %
PROCTER & GAMBLE CO/THE 2.9 %
UNITEDHEALTH GROUP INC 2.9 %
INTEL CORP 2.7 %
VERIZON COMMUNICATIONS INC 2.4 %
AT&T INC 2.3 %
WALT DISNEY CO/THE 2.1 %
PFIZER INC 2.1 %
Total 27.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.8 %
IRELAND 2.8 %
SWITZERLAND 0.7 %
BRITAIN 0.2 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-13.6% 1.5% 6.8% 11.0% 6.1%

Market Correlations
versus... Beta R-squared
S&P500 0.95 95%
MSCI EAFE 0.98 86%
MSCI Emg. Mkts. 0.72 72%

Technical Indicators
Recent close $77.20
30d moving avg. $72.35
Annualized volatility 16.5%
Short interest (ETF) 0.1%
Short interest (Underlying) 1.7%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 137
Turnover 0.4%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $83,058

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Vanguard Mega Cap Value ETF ETF based on the alternatives' overlap in portfolio holdings with MGV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MGV Expense: 7 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MGV
Ticker Fund
Name
Overlap1
vs MGV
(%)
Expense
ratio
(bp)
Savings
vs MGV
(bp)
ALTAR
Score™
(%)
ALTAR
vs MGV
(%)
VTV Vanguard Value Index Fund 86.6 4 3 7.1 +0.1
IWX iShares Russell Top 200 Value ETF 71.5 20 -13 6.9 -0.1
SPYV SPDR Portfolio S&P 500 Value ETF 69.5 4 3 7.2 +0.2
IVE iShares S&P 500 Value ETF 69.5 18 -11 7.0 +0.0
VOOV Vanguard S&P 500 Value ETF 69.1 15 -8 7.1 +0.1
SCHV Schwab U.S. Large-Cap Value ETF 68.8 4 3 6.9 -0.1
VYM Vanguard High Dividend Yield Index ETF 67.3 6 1 7.1 +0.1
IUSV iShares Core S&P U.S. Value ETF 65.3 4 3 7.2 +0.2
IWD iShares Russell 1000 Value ETF 62.3 19 -12 6.9 -0.1
VONV Vanguard Russell 1000 Value Index Fund 62.2 8 -1 7.0 -0.0
DLN WisdomTree U.S. LargeCap Dividend Fund 60.6 28 -21 6.3 -0.7
RAFE PIMCO RAFI ESG U.S. ETF 56.6 29 -22 7.5 +0.5
JKF iShares Morningstar Large Cap Value ETF 55.1 25 -18 7.5 +0.5
DTD WisdomTree U.S.Total Dividend Fund 54.9 28 -21 6.5 -0.5
DGRO iShares Core Dividend Growth ETF 54.1 8 -1 6.4 -0.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 52.0 25 -18 6.4 -0.6
DIVB iShares U.S. Dividend & Buyback ETF 51.9 25 -18 6.3 -0.7
PRF Invesco FTSE RAFI US 1000 ETF 51.8 39 -32 6.6 -0.4
USDY Pacific Global US Equity Income ETF 50.7 29 -22 7.5 +0.5
OUSA O'Shares FTSE US Quality Dividend ETF 50.3 48 -41 5.7 -1.3
EPS WisdomTree U.S. Earnings 500 Fund 50.2 8 -1 6.4 -0.6
SPXT ProShares S&P 500 Ex-Technology ETF 49.6 27 -20 5.6 -1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 48.8 25 -18 6.4 -0.6
PFM Invesco Dividend Achievers ETF 48.4 54 -47 5.3 -1.7
EQWL Invesco Russell Top 200 Equal Weight ETF 48.1 25 -18 5.9 -1.1
OEF iShares S&P 100 ETF 46.9 20 -13 4.9 -2.1
VLU SPDR S&P 1500 Value Tilt ETF 46.5 12 -5 7.1 +0.2
FDRR Fidelity Dividend ETF for Rising Rates 46.2 29 -22 6.9 -0.1
MGC Vanguard Mega Cap Index Fund 46.0 7 0 5.3 -1.7
ESG FlexShares STOXX US ESG Impact Index Fund 45.4 32 -25 5.2 -1.8
IWL iShares Russell Top 200 ETF 45.1 15 -8 5.1 -1.9
RWL Invesco S&P 500 Revenue ETF 44.0 39 -32 6.7 -0.3
IUS Invesco Strategic US ETF 43.9 19 -12 6.2 -0.8
PBP Invesco S&P 500 BuyWrite ETF 43.8 49 -42 5.1 -1.9
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 43.7 12 -5 4.9 -2.1
XLG Invesco S&P 500 Top 50 ETF 42.7 20 -13 4.7 -2.3
HSPX Global X S&P 500 Covered Call ETF 42.5 65 -58 4.9 -2.1
QUS SPDR MSCI USA StrategicFactors ETF 41.9 15 -8 5.8 -1.2
JVAL JPMorgan U.S. Value Factor ETF 41.7 12 -5 8.5 +1.5
REVS Columbia Research Enhanced Value ETF 40.4 19 -12 7.4 +0.4
SPLG SPDR Portfolio Large Cap ETF 40.3 3 4 5.5 -1.5
IVV iShares Core S&P 500 ETF 40.3 4 3 5.5 -1.5
SPY SPDR S&P 500 ETF Trust 40.3 9 -2 5.4 -1.6
VOO VANGUARD S&P 500 ETF 40.1 3 4 5.5 -1.5
SNPE Xtrackers S&P 500 ESG ETF 40.1 11 -4 5.2 -1.8
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 39.8 75 -68 6.0 -1.0
RECS Columbia Research Enhanced Core ETF 39.8 15 -8 5.6 -1.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 39.7 20 -13 5.5 -1.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 39.4 20 -13 5.0 -2.0
PWV Invesco Dynamic Large Cap Value ETF 39.4 55 -48 8.0 +1.0
VV Vanguard Large-Cap Index Fund 39.3 4 3 5.3 -1.7
NACP Impact Shares NAACP Minority Empowerment ETF 39.2 75 -68 4.5 -2.5
FVAL Fidelity Value Factor ETF 39.2 29 -22 8.0 +1.0
SPXE ProShares S&P 500 Ex-Energy ETF 39.1 27 -20 5.4 -1.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 38.6 30 -23 6.6 -0.4
QDEF FlexShares Quality Dividend Defensive Index Fund 38.5 37 -30 6.2 -0.8
PBUS Invesco PureBeta MSCI USA ETF 38.4 4 3 5.3 -1.7
DJD Invesco Dow Jones Industrial Average Dividend ETF 38.3 7 0 6.5 -0.5
EDOW First Trust Dow 30 Equal Weight ETF 38.2 50 -43 5.7 -1.3
CCOR Core Alternative ETF 38.1 123 -116 4.2 -2.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 38.1 2 5 5.4 -1.6
WOMN Impact Shares YWCA Women's Empowerment ETF 37.9 75 -68 4.5 -2.5
FMK First Trust Mega Cap AlphaDEX Fund 37.8 70 -63 5.2 -1.8
SFY SoFi Select 500 ETF 37.6 0 7 5.3 -1.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 37.5 29 -22 6.1 -0.9
SCHX Schwab U.S. Large-Cap ETF 37.4 3 4 5.4 -1.6
CATH Global X S&P 500 Catholic Values Custom ETF 37.2 29 -22 5.3 -1.7
SPTM SPDR Portfolio Total Stock Market ETF 37.1 3 4 5.6 -1.4
SPXN ProShares S&P 500 Ex-Financials ETF 37.1 27 -20 5.1 -1.9
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 37.0 15 -8 6.2 -0.8
DGRW WisdomTree U.S. Quality Dividend Growth Fund 36.8 28 -21 6.5 -0.5
HLAL Wahed FTSE USA Shariah ETF 36.7 50 -43 4.6 -2.4
ESGU iShares MSCI USA ESG Optimized ETF 36.7 15 -8 5.1 -1.9
IWB iShares Russell 1000 ETF 36.4 15 -8 5.2 -1.8
ROUS Hartford Multifactor US Equity ETF 36.3 19 -12 7.1 +0.1
QDF FlexShares Quality Dividend Index Fund 36.2 37 -30 6.8 -0.2
VONE Vanguard Russell 1000 ETF 36.1 8 -1 5.3 -1.7
SCHK Schwab 1000 Index ETF 36.1 5 2 5.3 -1.7
FDVV Fidelity Core Dividend ETF 36.0 29 -22 7.1 +0.1
IYY iShares Dow Jones U.S. ETF 35.8 20 -13 5.2 -1.8
SUSL iShares ESG MSCI USA Leaders ETF 35.3 10 -3 5.4 -1.6
RNDV US Equity Dividend Select ETF 35.3 50 -43 7.4 +0.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 35.2 10 -3 5.4 -1.6
SPXV ProShares S&P 500 Ex-Health Care ETF 35.2 27 -20 5.1 -1.9
NULV Nuveen ESG Large-Cap Value ETF 34.9 35 -28 7.3 +0.3
JHML John Hancock Multifactor Large Cap ETF 34.8 34 -27 5.5 -1.5
DEW WisdomTree Global High Dividend Fund 34.6 58 -51 9.0 +2.0
VTI Vanguard Total Stock Market Index Fund 34.5 3 4 5.2 -1.8
SCHB Schwab U.S. Broad Market ETF 34.3 3 4 5.3 -1.7
QVM Arrow QVM Equity Factor ETF 34.3 65 -58 4.9 -2.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 34.2 3 4 5.2 -1.8
IWV iShares Russell 3000 ETF 34.2 20 -13 5.1 -1.9
IQSU IQ Candriam ESG US Equity ETF 34.1 9 -2 5.3 -1.7
VTHR Vanguard Russell 3000 Index Fund 34.1 10 -3 5.2 -1.8
DIA SPDR Dow Jones Industrial Average ETF Trust 33.8 16 -9 5.5 -1.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 33.3 19 -12 5.6 -1.4
FLLV Franklin Liberty U.S. Low Volatility ETF 32.8 29 -22 5.6 -1.4
FLQL Franklin LibertyQ U.S. Equity ETF 32.8 15 -8 6.2 -0.8
USMV iShares Edge MSCI Min Vol USA ETF 32.8 15 -8 5.7 -1.3
DSI iShares MSCI KLD 400 Social ETF 32.7 25 -18 5.2 -1.8

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%.

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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

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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 Mega Cap Value ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.4 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 7 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.53
 
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.