Vanguard Russell 1000 Value Index Fund
ALTAR
Score™
7.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
21.1x P/Sales
ratio
1.6x
P/BV
ratio
1.8x Div.
yield
2.8%


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

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Sep 22, 2010
Assets (mns) $2,493
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 Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 767
Wgt avg mkt cap (mns) $113,658
Large cap (>$10bn) 87.0%
Mid cap ($2-10bn) 12.5%
Small cap (<$2bn) 0.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BERKSHIRE HATHAWAY INC-CL B 3.0 %
JOHNSON & JOHNSON 2.8 %
JPMORGAN CHASE & CO 2.5 %
INTEL CORP 2.2 %
PROCTER & GAMBLE CO/THE 2.2 %
VERIZON COMMUNICATIONS INC 2.0 %
AT&T INC 1.9 %
PFIZER INC 1.8 %
WALT DISNEY CO/THE 1.7 %
BANK OF AMERICA CORP 1.6 %
Total 21.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.5 %
IRELAND 2.6 %
BRITAIN 1.6 %
SWITZERLAND 0.6 %
BERMUDA 0.4 %
NETHERLANDS 0.1 %





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.
-15.6% -1.6% 4.2% -- 9.6%

Market Correlations
versus... Beta R-squared
S&P500 1.04 95%
MSCI EAFE 1.09 88%
MSCI Emg. Mkts. 0.80 73%

Technical Indicators
Recent close $104.08
30d moving avg. $96.10
Annualized volatility 18.1%
Short interest (ETF) 0.3%
Short interest (Underlying) 2.5%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 179
Turnover 0.8%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $150,736

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: VONV Expense: 8 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VONV
Ticker Fund
Name
Overlap1
vs VONV
(%)
Expense
ratio
(bp)
Savings
vs VONV
(bp)
ALTAR
Score™
(%)
ALTAR
vs VONV
(%)
IWD iShares Russell 1000 Value ETF 98.6 19 -11 6.9 -0.1
VTV Vanguard Value Index Fund 73.7 4 4 7.2 +0.1
IUSV iShares Core S&P U.S. Value ETF 72.4 4 4 7.3 +0.2
VOOV Vanguard S&P 500 Value ETF 70.3 15 -7 7.1 +0.1
SPYV SPDR Portfolio S&P 500 Value ETF 70.0 4 4 7.2 +0.2
IVE iShares S&P 500 Value ETF 70.0 18 -10 7.1 +0.0
SCHV Schwab U.S. Large-Cap Value ETF 69.6 4 4 7.0 -0.1
IWX iShares Russell Top 200 Value ETF 66.7 20 -12 6.9 -0.1
PRF Invesco FTSE RAFI US 1000 ETF 64.2 39 -31 6.7 -0.4
MGV Vanguard Mega Cap Value ETF 62.2 7 1 7.0 +0.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 59.9 25 -17 6.4 -0.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 58.8 25 -17 6.4 -0.6
DTD WisdomTree U.S.Total Dividend Fund 58.8 28 -20 6.5 -0.5
SPXT ProShares S&P 500 Ex-Technology ETF 58.8 27 -19 5.6 -1.5
VLU SPDR S&P 1500 Value Tilt ETF 57.1 12 -4 7.0 +0.0
DLN WisdomTree U.S. LargeCap Dividend Fund 55.9 28 -20 6.3 -0.7
EPS WisdomTree U.S. Earnings 500 Fund 54.4 8 0 6.4 -0.6
VYM Vanguard High Dividend Yield Index ETF 53.4 6 2 7.1 +0.1
PBP Invesco S&P 500 BuyWrite ETF 52.4 49 -41 5.1 -1.9
JHML John Hancock Multifactor Large Cap ETF 52.4 34 -26 5.5 -1.5
USDY Pacific Global US Equity Income ETF 52.2 29 -21 7.6 +0.6
DGRO iShares Core Dividend Growth ETF 51.6 8 0 6.4 -0.6
HSPX Global X S&P 500 Covered Call ETF 51.3 65 -57 4.9 -2.1
IWB iShares Russell 1000 ETF 49.8 15 -7 5.2 -1.8
VONE Vanguard Russell 1000 ETF 49.6 8 0 5.3 -1.7
IUS Invesco Strategic US ETF 49.6 19 -11 6.1 -0.9
SPLG SPDR Portfolio Large Cap ETF 48.8 3 5 5.5 -1.6
SCHX Schwab U.S. Large-Cap ETF 48.8 3 5 5.3 -1.7
IYY iShares Dow Jones U.S. ETF 48.7 20 -12 5.2 -1.8
IVV iShares Core S&P 500 ETF 48.7 4 4 5.4 -1.6
SPY SPDR S&P 500 ETF Trust 48.7 9 -1 5.4 -1.6
RWL Invesco S&P 500 Revenue ETF 48.7 39 -31 6.7 -0.3
SCHK Schwab 1000 Index ETF 48.7 5 3 5.3 -1.7
VOO VANGUARD S&P 500 ETF 48.6 3 5 5.5 -1.6
VV Vanguard Large-Cap Index Fund 48.6 4 4 5.3 -1.7
PBUS Invesco PureBeta MSCI USA ETF 48.4 4 4 5.3 -1.7
SPTM SPDR Portfolio Total Stock Market ETF 48.4 3 5 5.5 -1.5
DIVB iShares U.S. Dividend & Buyback ETF 48.0 25 -17 6.4 -0.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 48.0 2 6 5.4 -1.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 47.6 20 -12 5.4 -1.6
VTI Vanguard Total Stock Market Index Fund 47.2 3 5 5.2 -1.8
IWV iShares Russell 3000 ETF 47.1 20 -12 5.1 -2.0
VTHR Vanguard Russell 3000 Index Fund 47.1 10 -2 5.2 -1.9
SPXE ProShares S&P 500 Ex-Energy ETF 47.1 27 -19 5.4 -1.7
SCHB Schwab U.S. Broad Market ETF 47.0 3 5 5.3 -1.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 46.8 3 5 5.2 -1.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 46.2 29 -21 6.1 -1.0
SPXV ProShares S&P 500 Ex-Health Care ETF 46.2 27 -19 5.1 -1.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 45.9 30 -22 6.6 -0.4
RAFE PIMCO RAFI ESG U.S. ETF 45.9 29 -21 7.6 +0.5
MGC Vanguard Mega Cap Index Fund 45.6 7 1 5.3 -1.8
AVUS Avantis U.S. Equity ETF 45.0 15 -7 5.7 -1.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 44.7 20 -12 5.0 -2.0
ESG FlexShares STOXX US ESG Impact Index Fund 44.6 32 -24 5.1 -1.9
SNPE Xtrackers S&P 500 ESG ETF 44.5 11 -3 5.2 -1.9
QUS SPDR MSCI USA StrategicFactors ETF 44.4 15 -7 5.8 -1.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 44.2 25 -17 6.1 -0.9
CATH Global X S&P 500 Catholic Values Custom ETF 43.9 29 -21 5.3 -1.7
IWL iShares Russell Top 200 ETF 43.7 15 -7 5.1 -1.9
REVS Columbia Research Enhanced Value ETF 43.6 19 -11 7.4 +0.4
SFY SoFi Select 500 ETF 43.6 0 8 5.3 -1.7
RSP Invesco S&P 500 Equal Weight ETF 42.9 20 -12 6.7 -0.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 42.8 9 -1 5.8 -1.2
SPXN ProShares S&P 500 Ex-Financials ETF 42.6 27 -19 5.1 -1.9
EUSA iShares MSCI USA Equal Weighted ETF 42.4 15 -7 5.9 -1.1
SUSL iShares ESG MSCI USA Leaders ETF 41.5 10 -2 5.4 -1.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 41.5 10 -2 5.4 -1.6
SIZE iShares Edge MSCI USA Size Factor ETF 41.5 15 -7 5.8 -1.2
RECS Columbia Research Enhanced Core ETF 40.7 15 -7 5.6 -1.4
PFM Invesco Dividend Achievers ETF 40.4 54 -46 5.3 -1.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 40.2 9 -1 5.5 -1.5
SCIU Global X Scientific Beta US ETF 40.1 19 -11 5.6 -1.4
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 40.1 29 -21 6.5 -0.5
ESGV Vanguard ESG U.S. Stock ETF 40.1 12 -4 5.3 -1.8
ESGU iShares MSCI USA ESG Optimized ETF 40.1 15 -7 5.1 -1.9
JKF iShares Morningstar Large Cap Value ETF 40.0 25 -17 7.5 +0.5
OEF iShares S&P 100 ETF 39.8 20 -12 4.9 -2.1
ROUS Hartford Multifactor US Equity ETF 39.7 19 -11 7.1 +0.1
RNLC Large Cap US Equity Select ETF 39.5 60 -52 6.1 -1.0
EQAL Invesco Russell 1000 Equal Weight ETF 39.1 20 -12 5.0 -2.1
JVAL JPMorgan U.S. Value Factor ETF 39.1 12 -4 8.6 +1.6
IQSU IQ Candriam ESG US Equity ETF 38.5 9 -1 5.2 -1.8
NACP Impact Shares NAACP Minority Empowerment ETF 38.4 75 -67 4.5 -2.5
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 37.9 15 -7 6.7 -0.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 37.8 19 -11 6.1 -0.9
DSI iShares MSCI KLD 400 Social ETF 37.7 25 -17 5.2 -1.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 37.4 12 -4 5.1 -2.0
EQWL Invesco Russell Top 200 Equal Weight ETF 37.2 25 -17 5.9 -1.1
FDRR Fidelity Dividend ETF for Rising Rates 37.2 29 -21 6.9 -0.1
WOMN Impact Shares YWCA Women's Empowerment ETF 36.6 75 -67 4.5 -2.5
CFA VictoryShares US 500 Volatility Weighted Index ETF 36.5 35 -27 5.7 -1.3
OUSA O'Shares FTSE US Quality Dividend ETF 35.2 48 -40 5.6 -1.4
TOK iShares MSCI Kokusai ETF 35.0 25 -17 5.7 -1.4
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 35.0 17 -9 6.4 -0.7
RNDV US Equity Dividend Select ETF 34.5 50 -42 7.5 +0.5
HLAL Wahed FTSE USA Shariah ETF 34.1 50 -42 4.6 -2.4
FEX First Trust Large Cap Core AlphaDEX Fund 33.9 60 -52 5.9 -1.1
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 33.9 17 -9 6.8 -0.2
USMV iShares Edge MSCI Min Vol USA ETF 33.9 15 -7 5.6 -1.4
ONEO SPDR Russell 1000 Momentum Focus ETF 33.8 20 -12 6.4 -0.6

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 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 12.3 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 8 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
1.53
 
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.