Vanguard Russell 1000 Growth Index Fund
ALTAR
Score™
5.9% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
20.6x P/Sales
ratio
2.8x
P/BV
ratio
5.5x Div.
yield
1.4%


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

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Sep 22, 2010
Assets (mns) $2,986
Currency USD
Expense ratio 8 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 529
Wgt avg mkt cap (mns) $383,603
Large cap (>$10bn) 93.8%
Mid cap ($2-10bn) 6.1%
Small cap (<$2bn) 0.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 9.3 %
APPLE INC 8.6 %
AMAZON.COM INC 6.3 %
FACEBOOK 2.9 %
ALPHABET INC. CLASS C 2.6 %
ALPHABET INC. CLASS A 2.6 %
VISA INC-CLASS A SHARES 2.1 %
UNITEDHEALTH GROUP INC 1.7 %
MASTERCARD INC-CLASS A 1.7 %
MERCK & CO. INC. 1.5 %
Total 39.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.1 %
IRELAND 1.0 %
BRITAIN 0.6 %
LUXEMBOURG 0.1 %
BERMUDA 0.1 %
CHINA 0.1 %
CANADA 0.0 %
CAYMAN ISLANDS 0.0 %



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.
-14.2% 0.7% 10.2% -- 13.6%

Market Correlations
versus... Beta R-squared
S&P500 0.98 94%
MSCI EAFE 0.87 72%
MSCI Emg. Mkts. 0.65 59%

Technical Indicators
Recent close $148.73
30d moving avg. $161.52
Annualized volatility 15.3%
Short interest (ETF) 0.6%
Short interest (Underlying) 2.8%
Relative strength (RSI) 38

Liquidity measures
Avg. volume (thou.) 268
Turnover 1.3%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $219,596

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Vanguard Russell 1000 Growth Index Fund ETF based on the alternatives' overlap in portfolio holdings with VONG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VONG Expense: 8 bp ALTAR Score™: 5.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VONG
Ticker Fund
Name
Overlap1
vs VONG
(%)
Expense
ratio
(bp)
Savings
vs VONG
(bp)
ALTAR
Score™
(%)
ALTAR
vs VONG
(%)
IWF iShares Russell 1000 Growth ETF 99.1 19 -11 5.8 -0.1
IWY iShares Russell Top 200 Growth ETF 80.9 20 -12 5.6 -0.2
IUSG iShares Core S&P US Growth ETF 78.2 4 4 5.9 +0.1
VOOG Vanguard S&P 500 Growth ETF 77.3 10 -2 5.8 -0.1
SPYG SPDR Portfolio S&P 500 Growth ETF 77.3 4 4 5.9 +0.0
IVW iShares S&P 500 Growth ETF 77.3 18 -10 5.7 -0.1
VUG Vanguard Growth Index Fund 77.0 4 4 5.6 -0.3
SCHG Schwab U.S. Large-Cap Growth ETF 76.0 4 4 5.7 -0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 69.3 60 -52 6.0 +0.2
MGK Vanguard Mega Cap Growth ETF 67.5 7 1 5.7 -0.1
IQSU IQ Candriam ESG US Equity ETF 65.8 9 -1 6.8 +0.9
SPXN ProShares S&P 500 Ex-Financials ETF 64.7 27 -19 6.7 +0.9
ESGV Vanguard ESG U.S. Stock ETF 63.6 12 -4 7.1 +1.2
SFY SoFi Select 500 ETF 63.4 0 8 6.7 +0.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 63.0 12 -4 6.9 +1.0
HSPX Global X S&P 500 Covered Call ETF 62.7 65 -57 6.6 +0.7
PBP Invesco S&P 500 BuyWrite ETF 62.6 49 -41 6.8 +0.9
IWL iShares Russell Top 200 ETF 62.1 15 -7 6.7 +0.9
SPXE ProShares S&P 500 Ex-Energy ETF 61.8 27 -19 7.1 +1.3
MGC Vanguard Mega Cap Index Fund 61.6 7 1 6.9 +1.1
VONE Vanguard Russell 1000 ETF 61.5 8 0 7.1 +1.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 61.5 20 -12 6.7 +0.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 61.4 20 -12 7.2 +1.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 61.4 75 -67 5.0 -0.9
VV Vanguard Large-Cap Index Fund 61.4 4 4 7.1 +1.2
SCHX Schwab U.S. Large-Cap ETF 61.1 3 5 7.1 +1.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 60.8 2 6 7.2 +1.3
PBUS Invesco PureBeta MSCI USA ETF 60.8 4 4 7.2 +1.3
IWB iShares Russell 1000 ETF 60.8 15 -7 7.1 +1.2
SPY SPDR S&P 500 ETF Trust 60.5 9 -1 7.2 +1.3
VOO VANGUARD S&P 500 ETF 60.5 3 5 7.2 +1.4
SPLG SPDR Portfolio Large Cap ETF 60.4 3 5 7.2 +1.4
IVV iShares Core S&P 500 ETF 60.3 4 4 7.2 +1.4
TMFC Motley Fool 100 Index ETF 60.3 50 -42 5.3 -0.6
OEF iShares S&P 100 ETF 60.1 20 -12 6.4 +0.6
SCHK Schwab 1000 Index ETF 60.0 5 3 7.2 +1.3
IYY iShares Dow Jones U.S. ETF 59.6 20 -12 7.1 +1.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 59.4 49 -41 5.5 -0.4
IETC iShares Evolved U.S. Technology ETF 59.3 18 -10 5.4 -0.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 59.1 21 -13 4.4 -1.5
SPXV ProShares S&P 500 Ex-Health Care ETF 59.0 27 -19 6.9 +1.1
VTHR Vanguard Russell 3000 Index Fund 58.4 10 -2 7.0 +1.2
XLG Invesco S&P 500 Top 50 ETF 58.2 20 -12 6.0 +0.2
SPTM SPDR Portfolio Total Stock Market ETF 58.0 3 5 7.4 +1.6
IWV iShares Russell 3000 ETF 57.8 20 -12 6.9 +1.1
SCHB Schwab U.S. Broad Market ETF 57.7 3 5 7.2 +1.3
VTI Vanguard Total Stock Market Index Fund 57.6 3 5 7.1 +1.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 57.5 3 5 7.1 +1.2
CATH Global X S&P 500 Catholic Values Custom ETF 56.7 29 -21 7.1 +1.3
SNPE Xtrackers S&P 500 ESG ETF 56.6 11 -3 7.0 +1.1
DSI iShares MSCI KLD 400 Social ETF 55.8 25 -17 6.9 +1.0
IGM iShares North American Tech ETF 55.7 46 -38 5.5 -0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 55.3 9 -1 7.4 +1.6
ESGU iShares MSCI USA ESG Optimized ETF 55.2 15 -7 6.8 +0.9
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 54.9 29 -21 5.7 -0.1
QQQ Invesco QQQ Trust 54.4 20 -12 5.5 -0.4
QYLD Global X NASDAQ 100 Covered Call ETF 54.4 60 -52 5.0 -0.8
NUSI Nationwide Risk-Managed Income ETF 54.4 68 -60 5.0 -0.9
VEGN US Vegan Climate ETF 54.3 60 -52 7.2 +1.4
JHML John Hancock Multifactor Large Cap ETF 52.4 34 -26 7.6 +1.7
JKE iShares Morningstar Large-Cap Growth ETF 50.7 25 -17 4.7 -1.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 50.5 15 -7 7.0 +1.1
SUSL iShares ESG MSCI USA Leaders ETF 50.4 10 -2 7.1 +1.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 50.3 10 -2 7.1 +1.2
NACP Impact Shares NAACP Minority Empowerment ETF 49.4 75 -67 6.3 +0.4
QUS SPDR MSCI USA StrategicFactors ETF 49.3 15 -7 7.4 +1.5
RECS Columbia Research Enhanced Core ETF 48.7 15 -7 7.6 +1.7
EPS WisdomTree U.S. Earnings 500 Fund 48.5 8 0 8.6 +2.8
IUS Invesco Strategic US ETF 48.1 19 -11 8.1 +2.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 47.7 19 -11 7.7 +1.8
AVUS Avantis U.S. Equity ETF 47.7 15 -7 8.1 +2.3
ESG FlexShares STOXX US ESG Impact Index Fund 47.5 32 -24 6.9 +1.0
SPXT ProShares S&P 500 Ex-Technology ETF 46.9 27 -19 7.4 +1.6
JQUA JPMorgan U.S. Quality Factor ETF 46.9 12 -4 6.7 +0.9
EXT WisdomTree U.S. Total Earnings Fund 46.8 28 -20 7.8 +2.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 45.7 25 -17 8.7 +2.9
WOMN Impact Shares YWCA Women's Empowerment ETF 45.2 75 -67 6.4 +0.5
TOK iShares MSCI Kokusai ETF 44.7 25 -17 7.4 +1.6
JMOM JPMorgan U.S. Momentum Factor ETF 43.4 12 -4 5.3 -0.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 42.3 30 -22 8.0 +2.2
FQAL Fidelity Quality Factor ETF 42.0 29 -21 7.1 +1.3
FDMO Fidelity Momentum Factor ETF 41.0 29 -21 5.6 -0.3
DIVB iShares U.S. Dividend & Buyback ETF 40.8 25 -17 8.9 +3.1
LRGE ClearBridge Large Cap Growth ESG ETF 40.8 60 -52 5.4 -0.4
URTH iShares MSCI World ETF 40.8 24 -16 7.6 +1.8
VGT Vanguard Information Technology Index Fund 39.8 10 -2 6.3 +0.5
FTEC Fidelity MSCI Information Technology Index ETF 39.8 8 -0 6.3 +0.5
IYW iShares U.S. Technology ETF 39.7 42 -34 5.7 -0.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 39.6 25 -17 8.5 +2.6
SYG SPDR MFS Systematic Growth Equity ETF 39.3 60 -52 6.4 +0.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 39.2 12 -4 6.4 +0.5
FDLO Fidelity Low Volatility Factor ETF 39.0 29 -21 6.6 +0.8
IOO iShares Global 100 ETF 38.9 40 -32 6.2 +0.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 38.6 29 -21 8.2 +2.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 38.6 25 -17 8.6 +2.7
DLN WisdomTree U.S. LargeCap Dividend Fund 38.3 28 -20 8.1 +2.3
DGRW WisdomTree U.S. Quality Dividend Growth Fund 38.0 28 -20 8.3 +2.5
QUAL iShares MSCI Usa Quality Factor ETF 37.9 15 -7 7.0 +1.2
AFLG First Trust Active Factor Large Cap ETF 37.8 55 -47 7.8 +2.0
RFFC RiverFront Dynamic US Flex-Cap ETF 37.8 52 -44 7.7 +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 Russell 1000 Growth 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 30.6 %
Divided by: Fwd. P/BV 5.2 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 5.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.36 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.