VANGUARD S&P 500 ETF
ALTAR
Score™
4.9% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
27.3x P/Sales
ratio
2.8x
P/BV
ratio
3.9x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard S&P 500 ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the S&P 500 Index.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Sep 07, 2010
Assets (mns) $179,243
Currency USD
Expense ratio 3 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian JPMorgan Chase Bank
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 511
Wgt avg mkt cap (mns) $501,549
Large cap (>$10bn) 98.6%
Mid cap ($2-10bn) 1.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.5 %
MICROSOFT CORP 5.1 %
AMAZON.COM INC 4.2 %
FACEBOOK 1.9 %
ALPHABET INC. CLASS A 1.6 %
ALPHABET INC. CLASS C 1.6 %
BERKSHIRE HATHAWAY INC-CL B 1.4 %
JPMORGAN CHASE & CO 1.3 %
JOHNSON & JOHNSON 1.3 %
VISA INC-CLASS A SHARES 1.1 %
Total 26.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.7 %
IRELAND 1.6 %
BRITAIN 1.0 %
SWITZERLAND 0.4 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
18.3% 18.3% 15.2% 13.8% 14.6%

Market Correlations
versus... Beta R-squared
S&P500 0.99 100%
MSCI EAFE 0.92 85%
MSCI Emg. Mkts. 0.74 70%

Technical Indicators
Recent close $345.37
30d moving avg. $341.61
Annualized volatility 18.7%
Short interest (ETF) 0.6%
Short interest (Underlying) 2.3%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 3,197
Turnover 0.6%
Bid/Ask (% of price) 0.01%
ADV underlying (mns) $229,426

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the VANGUARD S&P 500 ETF ETF based on the alternatives' overlap in portfolio holdings with VOO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VOO Expense: 3 bp ALTAR Score™: 4.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VOO
Ticker Fund
Name
Overlap1
vs VOO
(%)
Expense
ratio
(bp)
Savings
vs VOO
(bp)
ALTAR
Score™
(%)
ALTAR
vs VOO
(%)
PBP Invesco S&P 500 BuyWrite ETF 97.6 49 -46 4.4 -0.5
SPY SPDR S&P 500 ETF Trust 97.0 9 -6 4.8 -0.1
XYLG Global X S&P 500 Covered Call & Growth ETF 96.9 60 -57 4.4 -0.5
IVV iShares Core S&P 500 ETF 96.8 3 0 4.8 -0.1
SPLG SPDR Portfolio Large Cap ETF 96.7 3 0 4.8 -0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 95.8 20 -17 4.9 -0.0
SPXE ProShares S&P 500 Ex-Energy ETF 94.3 27 -24 4.7 -0.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 91.6 7 -4 4.6 -0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 90.4 2 1 4.7 -0.2
PBUS Invesco PureBeta MSCI USA ETF 89.9 4 -1 4.7 -0.2
VV Vanguard Large-Cap Index Fund 89.8 4 -1 4.7 -0.2
SPTM SPDR Portfolio Total Stock Market ETF 88.4 3 0 4.9 -0.0
SCHX Schwab U.S. Large-Cap ETF 87.9 3 0 4.6 -0.3
SCHK Schwab 1000 Index ETF 85.8 5 -2 4.7 -0.2
IWB iShares Russell 1000 ETF 85.5 15 -12 4.6 -0.4
IYY iShares Dow Jones U.S. ETF 84.6 20 -17 4.5 -0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 84.1 20 -17 4.7 -0.2
SPXN ProShares S&P 500 Ex-Financials ETF 83.6 27 -24 4.5 -0.4
CATH Global X S&P 500 Catholic Values Custom ETF 83.6 29 -26 4.7 -0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 83.1 27 -24 4.4 -0.5
MGC Vanguard Mega Cap Index Fund 82.4 7 -4 4.7 -0.2
ESGV Vanguard ESG U.S. Stock ETF 82.1 12 -9 4.6 -0.3
VTHR Vanguard Russell 3000 Index Fund 82.1 10 -7 4.5 -0.4
IWL iShares Russell Top 200 ETF 79.9 15 -12 4.5 -0.4
IWV iShares Russell 3000 ETF 79.7 20 -17 4.4 -0.5
BKLC BNY Mellon US Large Cap Core Equity ETF 79.6 0 3 4.6 -0.3
SCHB Schwab U.S. Broad Market ETF 79.5 3 0 4.5 -0.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 79.0 3 0 4.5 -0.4
VONE Vanguard Russell 1000 ETF 78.8 8 -5 4.6 -0.3
VTI Vanguard Total Stock Market Index Fund 77.5 3 0 4.5 -0.4
ESGU iShares MSCI USA ESG Optimized ETF 77.2 15 -12 4.5 -0.4
DFAU Dimensional US Core Equity Market ETF 76.4 12 -9 4.7 -0.2
SFY SoFi Select 500 ETF 76.0 0 3 4.6 -0.3
SNPE Xtrackers S&P 500 ESG ETF 72.7 10 -7 4.7 -0.2
EFIV SPDR S&P 500 ESG ETF 72.7 10 -7 4.7 -0.2
JHML John Hancock Multifactor Large Cap ETF 72.4 29 -26 4.9 +0.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 71.6 12 -9 4.1 -0.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 71.2 15 -12 4.7 -0.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 71.0 9 -6 4.9 0.0
SPXT ProShares S&P 500 Ex-Technology ETF 70.0 27 -24 4.9 +0.0
VOOG Vanguard S&P 500 Growth ETF 70.0 10 -7 4.1 -0.9
EPS WisdomTree U.S. Earnings 500 Fund 69.9 8 -5 6.0 +1.1
IQSU IQ Candriam ESG US Equity ETF 69.8 9 -6 4.6 -0.3
QUS SPDR MSCI USA StrategicFactors ETF 66.3 15 -12 5.3 +0.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 64.6 60 -57 3.7 -1.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 64.3 25 -22 5.8 +0.9
OEF iShares S&P 100 ETF 64.2 20 -17 4.3 -0.6
KOKU Xtrackers MSCI Kokusai Equity ETF 64.1 9 -6 5.1 +0.2
TOK iShares MSCI Kokusai ETF 64.0 25 -22 5.0 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 63.9 39 -36 5.8 +0.9
ESG FlexShares STOXX US ESG Impact Index Fund 63.9 32 -29 4.6 -0.3
DIVB iShares U.S. Dividend & Buyback ETF 63.0 25 -22 5.9 +1.0
SPYG SPDR Portfolio S&P 500 Growth ETF 63.0 4 -1 3.8 -1.1
IVW iShares S&P 500 Growth ETF 63.0 18 -15 3.7 -1.2
AVUS Avantis U.S. Equity ETF 62.8 15 -12 4.9 -0.0
IUSG iShares Core S&P US Growth ETF 62.0 4 -1 3.8 -1.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 61.9 25 -22 5.0 +0.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 61.7 25 -22 5.7 +0.8
SPYV SPDR Portfolio S&P 500 Value ETF 61.4 4 -1 6.4 +1.5
IVE iShares S&P 500 Value ETF 61.4 18 -15 6.3 +1.4
IUSV iShares Core S&P U.S. Value ETF 60.3 4 -1 6.4 +1.5
IUS Invesco Strategic US ETF 60.2 19 -16 5.5 +0.6
URTH iShares MSCI World ETF 59.2 24 -21 5.0 +0.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 59.1 15 -12 5.8 +0.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 59.0 30 -27 5.3 +0.4
RWL Invesco S&P 500 Revenue ETF 59.0 39 -36 6.3 +1.4
ACVF American Conservative Values ETF 57.6 75 -72 4.2 -0.7
VLU SPDR S&P 1500 Value Tilt ETF 56.5 12 -9 6.2 +1.3
VOOV Vanguard S&P 500 Value ETF 56.5 10 -7 6.6 +1.7
DLN WisdomTree U.S. LargeCap Dividend Fund 55.3 28 -25 6.2 +1.3
VONV Vanguard Russell 1000 Value Index Fund 55.2 8 -5 6.1 +1.2
SCHV Schwab U.S. Large-Cap Value ETF 55.0 4 -1 6.1 +1.2
IWD iShares Russell 1000 Value ETF 54.8 19 -16 6.0 +1.1
IWF iShares Russell 1000 Growth ETF 54.8 19 -16 3.6 -1.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 54.7 30 -27 5.1 +0.2
VONG Vanguard Russell 1000 Growth Index Fund 54.6 8 -5 3.7 -1.2
DTD WisdomTree U.S.Total Dividend Fund 54.0 28 -25 6.3 +1.4
HIPR Direxion High Growth ETF 53.2 40 -37 4.0 -0.9
RESP WisdomTree US ESG Fund of Benef Interest 53.0 28 -25 5.2 +0.3
NACP Impact Shares NAACP Minority Empowerment ETF 52.6 49 -46 4.8 -0.1
XLG Invesco S&P 500 Top 50 ETF 52.5 20 -17 4.2 -0.7
VUG Vanguard Growth Index Fund 52.1 4 -1 3.6 -1.3
DSI iShares MSCI KLD 400 Social ETF 51.6 25 -22 4.7 -0.3
KRMA Global X Conscious Companies ETF 51.3 43 -40 4.9 +0.0
AFLG First Trust Active Factor Large Cap ETF 51.2 55 -52 4.8 -0.1
ACWI iShares MSCI ACWI ETF 51.0 32 -29 5.2 +0.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 50.9 42 -39 4.7 -0.2
WOMN Impact Shares YWCA Women's Empowerment ETF 50.3 75 -72 3.6 -1.3
IWY iShares Russell Top 200 Growth ETF 50.1 20 -17 3.7 -1.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 50.0 20 -17 5.4 +0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 50.0 20 -17 5.4 +0.5
QWLD SPDR MSCI World StrategicFactors ETF 49.8 30 -27 5.4 +0.5
RECS Columbia Research Enhanced Core ETF 49.7 15 -12 5.2 +0.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 49.3 49 -46 3.5 -1.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 49.1 19 -16 5.4 +0.5
RSP Invesco S&P 500 Equal Weight ETF 49.1 20 -17 5.6 +0.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 47.5 10 -7 4.9 0.0
SUSL iShares ESG MSCI USA Leaders ETF 47.5 10 -7 4.9 0.0

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 S&P 500 ETF
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 17.2 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 3 bp
Equals: ALTAR Score 4.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.42 CATEGORY
AVERAGE
1.49
 
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.