Vanguard Russell 1000 Value
ALTAR
Score™
7.1% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
15.5x P/Sales
ratio
1.6x
P/BV
ratio
2.0x Div.
yield
2.6%


  • 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) $2,120
Currency USD
Expense ratio 12 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 767
Wgt avg mkt cap (mns) $126,272
Large cap (>$10bn) 87.1%
Mid cap ($2-10bn) 12.7%
Small cap (<$2bn) 0.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BERKSHIRE HATHAWAY INC-CL B 3.1 %
JPMORGAN CHASE & CO 2.9 %
JOHNSON & JOHNSON 2.1 %
EXXON MOBIL CORP 2.1 %
AT&T INC 2.0 %
BANK OF AMERICA CORP 2.0 %
PROCTER & GAMBLE CO/THE 2.0 %
INTEL CORP 1.8 %
VERIZON COMMUNICATIONS INC 1.7 %
WALT DISNEY CO/THE 1.7 %
Total 21.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.4 %
IRELAND 2.3 %
BRITAIN 1.4 %
SWITZERLAND 0.6 %
BERMUDA 0.4 %
NETHERLANDS 0.1 %





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.
19.5% 11.3% 7.5% -- 11.7%

Market Correlations
versus... Beta R-squared
S&P500 0.97 91%
MSCI EAFE 0.83 56%
MSCI Emg. Mkts. 0.54 39%

Technical Indicators
Recent close $116.33
30d moving avg. $113.24
Annualized volatility 12.2%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.5%
Relative strength (RSI) 75

Liquidity measures
Avg. volume (thou.) 58
Turnover 0.3%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $92,262

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Vanguard Russell 1000 Value 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: 12 bp ALTAR Score™: 7.1%


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 99.1 19 -7 7.0 -0.1
VTV Vanguard Value ETF 75.3 4 8 7.3 +0.2
SCHV Schwab U.S. Large-Cap Value 72.8 4 8 7.0 -0.1
PRF Invesco FTSE-RAFI U.S. 1000 67.5 39 -27 6.7 -0.4
IUSV iShares Core U.S. Value 66.7 4 8 7.2 +0.1
IWX iShares Russell Top 200 Value 65.9 20 -8 7.0 -0.1
IVE iShares S&P 500 Value 63.7 18 -6 7.0 -0.1
SPYV SPDR Portfolio S&P 500 Value 63.6 4 8 7.2 +0.1
VOOV Vanguard S&P 500 Value 63.5 15 -3 7.0 -0.1
MGV Vanguard Mega Cap 300 Value 63.4 7 5 7.1 +0.0
SPXT ProShares S&P 500 Ex-Technology 63.0 27 -15 6.0 -1.1
FNDX Schwab Fundamental Large Cap 62.5 25 -13 6.7 -0.4
VLU SPDR S&P 1500 Value Tilt 61.6 12 0 7.5 +0.4
FNDB Schwab Fundamental Broad Mkt 61.4 25 -13 6.6 -0.5
DTD WisdomTree Total Dividend 61.1 28 -16 6.6 -0.5
OYLD Invesco Russell 1000 Yield Factor ETF 58.9 19 -7 7.1 -0.0
DLN WisdomTree Large Cap Dividend 58.7 28 -16 6.5 -0.6
OVLU Invesco Russell 1000 Value Factor ETF 58.6 19 -7 7.9 +0.8
EPS WisdomTree Earnings 500 56.2 8 4 7.0 -0.1
JHML John Hancock Multifactor Large Cap 56.2 34 -22 6.0 -1.1

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%.

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 Value
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 13.2 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 12 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 CATEGORY
AVERAGE
1.55
 
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.