Vanguard Small Cap Value Index Fund
ALTAR
Score™
7.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
28.2x P/Sales
ratio
1.1x
P/BV
ratio
1.7x Div.
yield
2.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Small-Cap Value ETF seeks to track the performance of the MSCI US Small Cap Value Index.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Jan 26, 2004
Assets (mns) $16,852
Currency USD
Expense ratio 7 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian JPMorgan Chase Bank
Weighting Multi-Factor
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 905
Wgt avg mkt cap (mns) $4,580
Large cap (>$10bn) 7.7%
Mid cap ($2-10bn) 72.0%
Small cap (<$2bn) 18.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
IDEX CORP 0.6 %
PERKINELMER INC 0.6 %
GENERAC HOLDINGS INC 0.6 %
VICI PROPERTIES INC 0.6 %
MOLINA HEALTHCARE INC 0.5 %
BOOZ ALLEN HAMILTON HOLDINGS 0.5 %
ATMOS ENERGY CORP 0.5 %
NUANCE COMMUNICATIONS INC 0.5 %
RPM INTERNATIONAL INC 0.5 %
BROWN & BROWN INC 0.5 %
Total 5.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 91.1 %
BERMUDA 1.6 %
BRITAIN 1.4 %
IRELAND 1.2 %
PUERTO RICO 0.4 %
CAYMAN ISLANDS 0.2 %
CANADA 0.2 %
NETHERLANDS 0.0 %
SWITZERLAND 0.0 %


HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.5% -11.0% 4.1% 8.7% 7.4%

Market Correlations
versus... Beta R-squared
S&P500 1.22 85%
MSCI EAFE 1.29 79%
MSCI Emg. Mkts. 0.97 69%

Technical Indicators
Recent close $138.66
30d moving avg. $123.38
Annualized volatility 23.6%
Short interest (ETF) 0.3%
Short interest (Underlying) 5.4%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 393
Turnover 0.3%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $27,234

Distributions


FINDING ALTERNATIVE FUNDS

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

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


ALTERNATIVE ETFs BASED ON OVERLAP WITH VBR
Ticker Fund
Name
Overlap1
vs VBR
(%)
Expense
ratio
(bp)
Savings
vs VBR
(bp)
ALTAR
Score™
(%)
ALTAR
vs VBR
(%)
BKSE BNY Mellon US Small Cap Core Equity ETF 54.2 4 3 5.0 -2.0
VB Vanguard Small-Cap ETF 52.2 5 2 4.8 -2.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 48.9 6 1 4.4 -2.6
SCHA Schwab U.S. Small-Cap ETF 48.7 4 3 4.1 -2.9
EZM WisdomTree U.S. MidCap Earnings Fund 45.4 38 -31 7.5 +0.5
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 45.3 17 -10 4.3 -2.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 45.0 7 0 4.6 -2.4
IJH iShares Core S&P Mid-Cap ETF 43.5 5 2 5.8 -1.2
SPMD SPDR Portfolio Mid Cap ETF 43.5 5 2 5.8 -1.2
MDY SPDR S&P Midcap 400 ETF Trust 43.5 23 -16 5.6 -1.4
IVOO Vanguard S&P Mid-Cap 400 ETF 43.4 10 -3 5.8 -1.3
EWMC Invesco S&P MidCap 400 Equal Weight ETF 40.6 40 -33 6.1 -0.9
SCHM Schwab U.S. Mid-Cap ETF 39.7 4 3 5.3 -1.7
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 39.4 20 -13 7.7 +0.7
RNMC Mid Cap US Equity Select ETF 38.5 60 -53 6.3 -0.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 38.5 29 -22 7.7 +0.7
FNDA Schwab Fundamental U.S. Small Co. Index ETF 37.8 25 -18 6.1 -0.9
SFYX Sofi Next 500 ETF 37.0 0 7 5.3 -1.7
IWM iShares Russell 2000 ETF 36.8 19 -12 2.9 -4.1
VTWO Vanguard Russell 2000 Index Fund 36.8 10 -3 3.0 -4.0
FSMD Fidelity Small-Mid Factor ETF 36.3 29 -22 5.7 -1.4
MDYV SPDR S&P 400 Mid Cap Value ETF 35.6 15 -8 7.2 +0.2
RWK Invesco S&P MidCap 400 Revenue ETF 35.6 39 -32 6.7 -0.3
IJJ iShares S&P Mid-Cap 400 Value ETF 35.6 25 -18 7.1 +0.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 35.1 15 -8 7.2 +0.2
FNX First Trust Mid Cap Core AlphaDEX Fund 35.1 61 -54 5.7 -1.3
DON WisdomTree U.S. MidCap Dividend Fund 35.1 38 -31 6.7 -0.3
SMDY Syntax Stratified MidCap ETF 34.7 30 -23 5.8 -1.2
FAB First Trust Multi Cap Value AlphaDEX Fund 32.6 71 -64 8.1 +1.1
VXF Vanguard Extended Market Index Fund 31.8 6 1 2.9 -4.1
IUSS Invesco Strategic US Small Company ETF 31.5 23 -16 4.3 -2.7
JKL iShares Morningstar Small Cap Value ETF 30.4 30 -23 8.2 +1.2
IWN iShares Russell 2000 Value ETF 30.0 24 -17 5.6 -1.4
VFVA Vanguard U.S. Value Factor ETF 29.8 14 -7 9.3 +2.3
VTWV Vanguard Russell 2000 Value Index Fund 29.6 15 -8 5.7 -1.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 29.4 20 -13 4.2 -2.8
SMMD iShares Russell 2500 ETF 28.7 15 -8 5.1 -1.9
FNK First Trust Mid Cap Value AlphaDEX Fund 27.9 70 -63 8.5 +1.5
JHSC John Hancock Multifactor Small Cap ETF 26.9 42 -35 4.9 -2.1
NUSC Nuveen ESG Small-Cap ETF 26.8 40 -33 4.2 -2.8
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 26.4 29 -22 6.1 -0.9
AFMC First Trust Active Factor Mid Cap ETF 26.1 65 -58 5.8 -1.3
EQAL Invesco Russell 1000 Equal Weight ETF 25.7 20 -13 5.2 -1.8
IWS iShares Russell Mid-Cap Value ETF 25.0 24 -17 6.1 -0.9
ONEY SPDR Russell 1000 Yield Focus ETF 24.9 20 -13 7.5 +0.5
JHMM John Hancock Multifactor Mid Cap ETF 24.4 42 -35 5.0 -2.0
TUSA First Trust Total US Market AlphaDEX ETF 24.2 70 -63 5.3 -1.7
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 24.0 25 -18 5.6 -1.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 23.5 15 -8 4.6 -2.4
IJK iShares S&P Mid-Cap 400 Growth ETF 23.5 24 -17 4.5 -2.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 23.3 29 -22 4.4 -2.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 23.2 15 -8 4.6 -2.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 22.9 24 -17 5.5 -1.5
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 21.9 24 -17 5.9 -1.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 21.8 20 -13 6.3 -0.7
JKJ iShares Morningstar Small-Cap ETF 21.4 25 -18 5.5 -1.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 20.9 39 -32 4.1 -3.0
JVAL JPMorgan U.S. Value Factor ETF 20.7 12 -5 7.4 +0.4
VFLQ Vanguard U.S. Liquidity Factor ETF 19.9 14 -7 3.7 -3.3
AVUV Avantis U.S. Small Cap Value ETF 19.8 25 -18 6.8 -0.3
FYX First Trust Small Cap Core AlphaDEX Fund 19.8 63 -56 6.4 -0.6
RNSC Small Cap US Equity Select ETF 19.8 60 -53 6.7 -0.3
ONEO SPDR Russell 1000 Momentum Focus ETF 19.7 20 -13 5.9 -1.2
VFMF Vanguard U.S. Multifactor ETF 19.6 19 -12 6.5 -0.5
STSB iShares Factors US Small Blend Style ETF 19.5 35 -28 2.9 -4.1
VFQY Vanguard U.S. Quality Factor ETF 19.0 13 -6 5.8 -1.2
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 18.9 29 -22 5.3 -1.7
PSC Principal U.S. Small Cap Index ETF 18.6 38 -31 5.2 -1.8
IWR iShares Russell Midcap ETF 18.2 19 -12 5.0 -2.0
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 18.2 35 -28 6.7 -0.3
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 18.1 35 -28 6.9 -0.1
BUY USCF SummerHaven SHPEI Index Fund 18.1 80 -73 0.0 -7.0
VUSE Vident Core US Equity Fund 17.7 48 -41 7.9 +0.9
STMB iShares Factors US Mid Blend Style ETF 17.5 30 -23 5.2 -1.8
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 17.1 17 -10 5.9 -1.1
TPSC Timothy Plan US Small Cap Core ETF 17.0 52 -45 6.4 -0.6
IEFN iShares Evolved U.S. Financials ETF 15.8 18 -11 8.0 +1.0
SPSM SPDR Portfolio Small Cap ETF 15.7 5 2 6.3 -0.7
IJR iShares Core S&P Small Cap ETF 15.7 6 1 6.2 -0.8
SLY SPDR S&P 600 Small Cap ETF 15.7 15 -8 6.1 -0.9
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 15.7 40 -33 6.0 -1.0
VIOO Vanguard S&P Small-Cap 600 ETF 15.6 10 -3 6.0 -1.0
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 15.5 30 -23 6.8 -0.2
DES WisdomTree U.S. SmallCap Dividend Fund 15.2 38 -31 7.3 +0.3
AFSM First Trust Active Factor Small Cap ETF 14.9 75 -68 5.1 -1.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 14.7 80 -73 5.1 -1.9
FYT First Trust Small Cap Value AlphaDEX Fund 14.7 72 -65 9.0 +2.0
AVUS Avantis U.S. Equity ETF 14.4 15 -8 5.1 -1.9
CSML IQ Chaikin U.S. Small Cap ETF 14.4 35 -28 3.4 -3.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 14.2 25 -18 5.9 -1.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 14.1 39 -32 5.6 -1.4
SSLY Syntax Stratified SmallCap ETF 14.1 30 -23 5.6 -1.4
JDIV JPMorgan U.S. Dividend ETF 14.0 12 -5 6.8 -0.2
FNCL Fidelity MSCI Financials Index ETF 14.0 8 -1 7.6 +0.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 13.9 29 -22 5.2 -1.8
VIS Vanguard Industrials Index Fund 13.8 10 -3 4.7 -2.3
VLU SPDR S&P 1500 Value Tilt ETF 13.7 12 -5 6.4 -0.6
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 13.5 20 -13 4.4 -2.6
VFH Vanguard Financials Index Fund 13.3 10 -3 7.6 +0.6
FIDU Fidelity MSCI Industrials Index ETF 13.3 8 -1 4.9 -2.1

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 Small Cap Value Index Fund
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 11.1 %
Divided by: Fwd. P/BV 1.6 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
1.53 CATEGORY
AVERAGE
1.50
 
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.