Vanguard Consumer Discretionary Index Fund
ALTAR
Score™
6.6% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
19.5x P/Sales
ratio
1.0x
P/BV
ratio
3.9x Div.
yield
1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Consumer Discretonary ETF seeks to track the performance of the Morgan Stanley Capital International US Investable Market Consumer Discretionary Index. The Fund invests all of its ass

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Jan 30, 2004
Assets (mns) $1,984
Currency USD
Expense ratio 10 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 295
Wgt avg mkt cap (mns) $5,636,930,000,000
Large cap (>$10bn) 81.2%
Mid cap ($2-10bn) 13.4%
Small cap (<$2bn) 5.4%
Developed mkts 99.1%
Emerging mkts 0.9%

TOP TEN HOLDINGS
AMAZON.COM INC 28.6 %
HOME DEPOT INC 8.3 %
MCDONALD'S CORP 5.1 %
NIKE INC -CL B 4.2 %
STARBUCKS CORP 3.2 %
LOWE'S COS INC 2.8 %
BOOKING HOLDINGS INC. 2.4 %
TJX COMPANIES INC 2.4 %
TESLA MOTORS INC 2.3 %
TARGET CORP 1.9 %
Total 61.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.5 %
ARGENTINA 0.9 %
IRELAND 0.6 %
SWITZERLAND 0.4 %
BERMUDA 0.2 %
BRITAIN 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-23.1% -14.7% 4.9% 12.2% 8.3%

Market Correlations
versus... Beta R-squared
S&P500 1.18 93%
MSCI EAFE 1.10 78%
MSCI Emg. Mkts. 0.84 66%

Technical Indicators
Recent close $138.41
30d moving avg. $160.54
Annualized volatility 18.7%
Short interest (ETF) 0.2%
Short interest (Underlying) 4.6%
Relative strength (RSI) 32

Liquidity measures
Avg. volume (thou.) 283
Turnover 2.0%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $65,056

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: VCR Expense: 10 bp ALTAR Score™: 6.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VCR
Ticker Fund
Name
Overlap1
vs VCR
(%)
Expense
ratio
(bp)
Savings
vs VCR
(bp)
ALTAR
Score™
(%)
ALTAR
vs VCR
(%)
FDIS Fidelity MSCI Consumer Discretionary Index ETF 94.9 8 2 6.3 -0.4
XLY Consumer Discretionary Select Sector SPDR Fund 77.3 13 -3 7.0 +0.3
IEDI iShares Evolved U.S. Discretionary Spending ETF 62.6 18 -8 5.8 -0.8
JHMC John Hancock Multifactor Consumer Discretionary ETF 58.6 40 -30 8.2 +1.5
RXI iShares Global Consumer Discretionary ETF 55.0 46 -36 8.3 +1.7
IYC iShares U.S. Consumer Services ETF 54.5 42 -32 6.6 -0.1
RTH VanEck Vectors Retail ETF 44.4 35 -25 6.5 -0.1
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 42.2 40 -30 12.9 +6.3
JOYY Infusive Compounding Global Equities ETF 39.4 50 -40 5.2 -1.5
ONLN ProShares Online Retail ETF 29.7 58 -48 3.0 -3.7
FXD First Trust Consumer Discretionary AlphaDEX Fund 27.8 64 -54 13.0 +6.4
MILN Global X Millennials Thematic ETF 24.8 50 -40 4.5 -2.1
FTXD First Trust Nasdaq Retail ETF 19.2 60 -50 9.1 +2.4
XRT SPDR S&P Retail ETF 19.2 35 -25 12.1 +5.5
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 19.2 60 -50 6.8 +0.2
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 18.4 60 -50 9.2 +2.6
MGK Vanguard Mega Cap Growth ETF 17.6 7 3 5.7 -0.9
IYK iShares U.S. Consumer Goods ETF 17.4 42 -32 7.0 +0.4
JKE iShares Morningstar Large-Cap Growth ETF 17.1 25 -15 4.8 -1.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 16.5 75 -65 5.1 -1.6
VUG Vanguard Growth Index Fund 16.3 4 6 5.6 -1.0
QYLD Global X NASDAQ 100 Covered Call ETF 15.8 60 -50 4.9 -1.7
TMFC Motley Fool 100 Index ETF 15.8 50 -40 5.2 -1.5
FLQL Franklin LibertyQ U.S. Equity ETF 15.2 15 -5 8.2 +1.6
NUSI Nationwide Risk-Managed Income ETF 15.2 68 -58 4.8 -1.8
PNQI Invesco NASDAQ Internet ETF 14.9 62 -52 3.2 -3.5
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 14.9 29 -19 5.8 -0.9
QQQ Invesco QQQ Trust 14.9 20 -10 5.5 -1.2
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 14.6 60 -50 5.2 -1.4
IWY iShares Russell Top 200 Growth ETF 14.3 20 -10 5.7 -1.0
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 14.1 49 -39 6.3 -0.4
SCHG Schwab U.S. Large-Cap Growth ETF 14.0 4 6 5.7 -0.9
IWF iShares Russell 1000 Growth ETF 13.9 19 -9 5.8 -0.9
VONG Vanguard Russell 1000 Growth Index Fund 13.9 8 2 5.9 -0.8
RFDA RiverFront Dynamic US Dividend Advantage ETF 13.8 52 -42 8.0 +1.4
VOOG Vanguard S&P 500 Growth ETF 13.8 10 0 5.8 -0.8
SPYG SPDR Portfolio S&P 500 Growth ETF 13.8 4 6 5.9 -0.7
IUSG iShares Core S&P US Growth ETF 13.8 4 6 5.9 -0.7
IVW iShares S&P 500 Growth ETF 13.7 18 -8 5.8 -0.9
NULG Nuveen ESG Large-Cap Growth ETF 13.7 35 -25 4.8 -1.8
ONEO SPDR Russell 1000 Momentum Focus ETF 13.6 20 -10 9.5 +2.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 13.5 21 -11 4.4 -2.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 13.5 60 -50 6.1 -0.6
DIA SPDR Dow Jones Industrial Average ETF Trust 13.4 16 -6 7.4 +0.8
TTTN UP Fintech China-U.S. Internet Titans ETF 13.2 59 -49 6.5 -0.2
VSDA VictoryShares Dividend Accelerator ETF 13.2 35 -25 5.9 -0.7
ACSI American Customer Satisfaction Core Alpha ETF 13.2 66 -56 7.5 +0.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 13.2 29 -19 8.4 +1.7
SPXT ProShares S&P 500 Ex-Technology ETF 13.0 27 -17 7.5 +0.9
HOMZ Hoya Capital Housing ETF 13.0 45 -35 11.1 +4.5
JMOM JPMorgan U.S. Momentum Factor ETF 12.9 12 -2 5.3 -1.4
NACP Impact Shares NAACP Minority Empowerment ETF 12.9 75 -65 6.3 -0.3
SFY SoFi Select 500 ETF 12.8 0 10 6.8 +0.2
IQSU IQ Candriam ESG US Equity ETF 12.8 9 1 6.9 +0.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 12.6 19 -9 7.7 +1.1
IWP iShares Russell Mid-Cap Growth ETF 12.4 24 -14 6.1 -0.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 12.3 17 -7 9.0 +2.4
PWB Invesco Dynamic Large Cap Growth ETF 12.2 55 -45 4.8 -1.9
XHB SPDR S&P Homebuilders ETF 12.2 35 -25 13.0 +6.4
AVUS Avantis U.S. Equity ETF 12.1 15 -5 8.1 +1.5
SPMV Invesco S&P 500 Minimum Variance ETF 12.1 10 0 7.5 +0.9
BVAL Brand Value ETF 12.0 65 -55 9.0 +2.4
RWL Invesco S&P 500 Revenue ETF 11.9 39 -29 9.3 +2.7
RFFC RiverFront Dynamic US Flex-Cap ETF 11.9 52 -42 7.7 +1.1
GENY Principal Millennials Index ETF 11.9 45 -35 6.4 -0.2
ITB iShares U.S. Home Construction ETF 11.8 42 -32 14.3 +7.7
SYG SPDR MFS Systematic Growth Equity ETF 11.8 60 -50 6.4 -0.2
IGM iShares North American Tech ETF 11.8 46 -36 5.4 -1.2
RPG Invesco S&P 500 Pure Growth ETF 11.7 35 -25 6.6 -0.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 11.6 34 -24 6.9 +0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 11.6 9 1 7.4 +0.8
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 11.5 30 -20 8.6 +2.0
ESG FlexShares STOXX US ESG Impact Index Fund 11.5 32 -22 6.9 +0.3
GBUY Goldman Sachs Motif New Age Consumer ETF 11.5 50 -40 3.7 -2.9
SPXV ProShares S&P 500 Ex-Health Care ETF 11.5 27 -17 6.9 +0.3
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 11.4 15 -5 9.0 +2.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 11.4 19 -9 8.5 +1.8
SPXN ProShares S&P 500 Ex-Financials ETF 11.2 27 -17 6.8 +0.1
ESGV Vanguard ESG U.S. Stock ETF 11.2 12 -2 7.1 +0.5
SNPE Xtrackers S&P 500 ESG ETF 11.1 11 -1 7.0 +0.4
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 11.0 29 -19 9.3 +2.7
EBIZ Global X E-Commerce ETF 11.0 50 -40 5.0 -1.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 11.0 60 -50 5.7 -1.0
SCHM Schwab U.S. Mid-Cap ETF 11.0 4 6 9.1 +2.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 11.0 35 -25 5.9 -0.7
DUSA Davis Select U.S. Equity ETF 10.9 63 -53 7.9 +1.3
LRGE ClearBridge Large Cap Growth ESG ETF 10.9 60 -50 5.5 -1.1
JQUA JPMorgan U.S. Quality Factor ETF 10.9 12 -2 6.8 +0.2
OEF iShares S&P 100 ETF 10.8 20 -10 6.5 -0.1
EDOW First Trust Dow 30 Equal Weight ETF 10.8 50 -40 7.5 +0.8
HSPX Global X S&P 500 Covered Call ETF 10.7 65 -55 6.4 -0.3
SCIU Global X Scientific Beta US ETF 10.7 19 -9 7.7 +1.1
TTAC TrimTabs Float Shrink ETF 10.7 59 -49 5.3 -1.4
TUSA First Trust Total US Market AlphaDEX ETF 10.7 70 -60 9.5 +2.8
LSAF LeaderShares AlphaFactor US Core Equity ETF 10.6 75 -65 9.1 +2.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 10.6 15 -5 7.1 +0.5
PBP Invesco S&P 500 BuyWrite ETF 10.5 49 -39 6.7 +0.0
BUYZ Franklin Disruptive Commerce ETF 10.5 50 -40 0.3 -6.3
WOMN Impact Shares YWCA Women's Empowerment ETF 10.4 75 -65 6.3 -0.3
FDN First Trust Dow Jones Internet Index Fund 10.4 52 -42 3.9 -2.8

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%.

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 Consumer Discretionary Index Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 24.6 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 10 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.37 CATEGORY
AVERAGE
1.51
 
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.