Vanguard Russell 1000
ALTAR
Score™
5.8% info Recommen-
dation
NEUTRAL
2019E    2020E
P/E
ratio
19.4x P/Sales
ratio
2.2x
P/BV
ratio
3.2x Div.
yield
1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Russell 1000 is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Russell 1000 Index.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Sep 22, 2010
Assets (mns) $1,283
Currency USD
Expense ratio 12 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1003
Wgt avg mkt cap (mns) $262,460
Large cap (>$10bn) 91.5%
Mid cap ($2-10bn) 8.4%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 4.1 %
MICROSOFT CORP 3.9 %
AMAZON.COM INC 2.5 %
FACEBOOK 1.6 %
BERKSHIRE HATHAWAY INC-CL B 1.5 %
JPMORGAN CHASE & CO 1.4 %
ALPHABET INC. CLASS C 1.4 %
ALPHABET INC. CLASS A 1.3 %
JOHNSON & JOHNSON 1.3 %
VISA INC-CLASS A SHARES 1.1 %
Total 20.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.8 %
IRELAND 1.7 %
BRITAIN 1.0 %
SWITZERLAND 0.3 %
BERMUDA 0.3 %
LUXEMBOURG 0.1 %
CHINA 0.1 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
27.6% 16.2% 10.6% -- 13.8%

Market Correlations
versus... Beta R-squared
S&P500 1.01 100%
MSCI EAFE 0.91 68%
MSCI Emg. Mkts. 0.64 54%

Technical Indicators
Recent close $143.00
30d moving avg. $141.59
Annualized volatility 12.1%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.6%
Relative strength (RSI) 70

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.2%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $183,762

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Vanguard Russell 1000 ETF based on the alternatives' overlap in portfolio holdings with VONE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VONE Expense: 12 bp ALTAR Score™: 5.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VONE
Ticker Fund
Name
Overlap1
vs VONE
(%)
Expense
ratio
(bp)
Savings
vs VONE
(bp)
ALTAR
Score™
(%)
ALTAR
vs VONE
(%)
IWB iShares Russell 1000 98.9 15 -3 5.7 -0.1
SCHK Schwab 1000 Index 97.2 5 7 5.8 +0.1
IYY iShares DJ US Total Market 96.6 20 -8 5.7 -0.1
SCHX Schwab U.S. Large-Cap 95.7 3 9 5.8 +0.0
IWV iShares Russell 3000 93.2 20 -8 5.5 -0.3
VTHR Vanguard Russell 3000 93.1 15 -3 5.6 -0.2
SCHB Schwab U.S. Broad Market 92.7 3 9 5.7 -0.1
ITOT iShares Core S&P Total US 92.4 3 9 5.6 -0.1
PBUS Invesco PureBeta MSCI USA 92.4 4 8 6.0 +0.2
VTI Vanguard Total Market 92.2 3 9 5.7 -0.1
BBUS JP Morgan Betabuilders U.S. Equity 92.1 2 10 5.9 +0.1
VV Vanguard Large-Cap ETF 91.6 4 8 5.8 +0.1
SPTM SPDR Portfolio Total Stock Market 90.5 3 9 5.7 -0.1
IVV iShares Core S&P 500 89.0 4 8 5.9 +0.2
VOO Vanguard S&P 500 ETF 89.0 3 9 6.0 +0.2
PBP Invesco S&P 500 Buy/Write 89.0 49 -37 5.5 -0.3
SPY S&P 500 SPDR 89.0 9 3 5.9 +0.1
SPLG SPDR Portfolio Large Cap 88.7 3 9 5.8 -0.0
HSPX Global X S&P 500 Covered Call 88.7 65 -53 5.3 -0.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free 85.6 20 -8 5.9 +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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Vanguard Russell 1000
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 16.8 %
Divided by: Fwd. P/BV 2.8 x
Less: Expense ratio 12 bp
Equals: ALTAR Score 5.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.56
 
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.