Vanguard Russell 3000 Index Fund
ALTAR
Score™
4.4% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
30.6x P/Sales
ratio
2.8x
P/BV
ratio
3.8x Div.
yield
1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Russell 3000 is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Russell 3000 Index.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Sep 20, 2010
Assets (mns) $883
Currency USD
Expense ratio 10 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 2993
Wgt avg mkt cap (mns) $437,227
Large cap (>$10bn) 87.6%
Mid cap ($2-10bn) 9.7%
Small cap (<$2bn) 2.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 5.9 %
MICROSOFT CORP 4.5 %
AMAZON.COM INC 3.7 %
FACEBOOK 1.7 %
TESLA MOTORS INC 1.7 %
ALPHABET INC. CLASS A 1.5 %
ALPHABET INC. CLASS C 1.5 %
BERKSHIRE HATHAWAY INC-CL B 1.2 %
JOHNSON & JOHNSON 1.1 %
JPMORGAN CHASE & CO 1.1 %
Total 23.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 100.3 %
IRELAND 1.5 %
BRITAIN 1.0 %
BERMUDA 0.3 %
SWITZERLAND 0.2 %
LUXEMBOURG 0.1 %
CHINA 0.1 %
BRAZIL 0.0 %
CANADA 0.0 %
PUERTO RICO 0.0 %

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.
20.9% 20.9% 15.2% 13.7% 14.4%

Market Correlations
versus... Beta R-squared
S&P500 1.04 99%
MSCI EAFE 0.97 86%
MSCI Emg. Mkts. 0.78 71%

Technical Indicators
Recent close $179.34
30d moving avg. $174.93
Annualized volatility 19.6%
Short interest (ETF) 0.0%
Short interest (Underlying) 2.9%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 21
Turnover 0.4%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $357,145

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the Vanguard Russell 3000 Index Fund ETF based on the alternatives' overlap in portfolio holdings with VTHR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VTHR Expense: 10 bp ALTAR Score™: 4.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VTHR
Ticker Fund
Name
Overlap1
vs VTHR
(%)
Expense
ratio
(bp)
Savings
vs VTHR
(bp)
ALTAR
Score™
(%)
ALTAR
vs VTHR
(%)
IWV iShares Russell 3000 ETF 99.3 20 -10 4.3 -0.1
SCHB Schwab U.S. Broad Market ETF 98.4 3 7 4.5 +0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 97.8 3 7 4.4 +0.0
IYY iShares Dow Jones U.S. ETF 96.5 20 -10 4.4 +0.0
IWB iShares Russell 1000 ETF 96.4 15 -5 4.5 +0.1
SCHK Schwab 1000 Index ETF 95.7 5 5 4.6 +0.2
VTI Vanguard Total Stock Market Index Fund 95.6 3 7 4.4 +0.0
SPTM SPDR Portfolio Total Stock Market ETF 93.1 3 7 4.8 +0.4
SCHX Schwab U.S. Large-Cap ETF 93.1 3 7 4.6 +0.2
VONE Vanguard Russell 1000 ETF 91.1 8 2 4.6 +0.2
PBUS Invesco PureBeta MSCI USA ETF 90.3 4 6 4.6 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 89.1 2 8 4.6 +0.2
VV Vanguard Large-Cap Index Fund 88.3 4 6 4.6 +0.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 87.2 7 3 4.5 +0.2
ESGV Vanguard ESG U.S. Stock ETF 86.1 12 -2 4.5 +0.1
DFAU Dimensional US Core Equity Market ETF 85.6 12 -2 4.7 +0.3
IVV iShares Core S&P 500 ETF 85.2 3 7 4.7 +0.3
SPLG SPDR Portfolio Large Cap ETF 85.2 3 7 4.7 +0.3
SPY SPDR S&P 500 ETF Trust 85.2 9 1 4.7 +0.3
PBP Invesco S&P 500 BuyWrite ETF 85.2 49 -39 4.3 -0.1
VOO VANGUARD S&P 500 ETF 85.2 3 7 4.8 +0.4
XYLG Global X S&P 500 Covered Call & Growth ETF 85.2 60 -50 4.4 +0.0
SPXE ProShares S&P 500 Ex-Energy ETF 82.5 27 -17 4.6 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 82.0 20 -10 4.8 +0.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 77.8 25 -15 4.9 +0.5
SFY SoFi Select 500 ETF 77.5 0 10 4.6 +0.2
JHML John Hancock Multifactor Large Cap ETF 77.0 29 -19 4.9 +0.5
XVV iShares ESG Screened S&P 500 ETF 75.6 8 2 4.9 +0.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 75.1 20 -10 4.6 +0.2
ESGU iShares MSCI USA ESG Optimized ETF 74.3 15 -5 4.4 +0.0
SPXN ProShares S&P 500 Ex-Financials ETF 73.7 27 -17 4.3 -0.0
MGC Vanguard Mega Cap Index Fund 73.0 7 3 4.6 +0.2
SPXV ProShares S&P 500 Ex-Health Care ETF 73.0 27 -17 4.3 -0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 71.9 9 1 4.8 +0.4
CATH Global X S&P 500 Catholic Values Custom ETF 71.9 29 -19 4.6 +0.2
AVUS Avantis U.S. Equity ETF 71.6 15 -5 4.8 +0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 71.4 12 -2 4.0 -0.4
BKLC BNY Mellon US Large Cap Core Equity ETF 71.1 0 10 4.4 +0.1
IWL iShares Russell Top 200 ETF 70.9 15 -5 4.4 -0.0
KOKU Xtrackers MSCI Kokusai Equity ETF 70.6 9 1 5.0 +0.6
TOK iShares MSCI Kokusai ETF 70.6 25 -15 4.9 +0.5
EPS WisdomTree U.S. Earnings 500 Fund 66.4 8 2 5.9 +1.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 65.7 15 -5 4.7 +0.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 65.3 25 -15 5.7 +1.3
PRF Invesco FTSE RAFI US 1000 ETF 65.2 39 -29 5.7 +1.4
URTH iShares MSCI World ETF 65.0 24 -14 5.0 +0.6
IQSU IQ Candriam ESG US Equity ETF 63.4 9 1 4.5 +0.1
QUS SPDR MSCI USA StrategicFactors ETF 62.3 15 -5 5.3 +0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 62.3 25 -15 5.7 +1.4
SNPE Xtrackers S&P 500 ESG ETF 62.1 10 0 4.6 +0.2
EFIV SPDR S&P 500 ESG ETF 62.1 10 0 4.6 +0.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 61.9 30 -20 5.3 +0.9
SPXT ProShares S&P 500 Ex-Technology ETF 61.2 27 -17 4.9 +0.5
IUSG iShares Core S&P US Growth ETF 60.7 4 6 3.6 -0.8
ESG FlexShares STOXX US ESG Impact Index Fund 59.2 32 -22 4.5 +0.1
VLU SPDR S&P 1500 Value Tilt ETF 58.7 12 -2 6.2 +1.8
XOUT GraniteShares XOUT U.S. Large Cap ETF 58.3 60 -50 3.6 -0.8
IUS Invesco Strategic US ETF 58.2 19 -9 5.5 +1.1
DIVB iShares U.S. Dividend & Buyback ETF 58.1 25 -15 5.9 +1.5
VOOG Vanguard S&P 500 Growth ETF 57.7 10 0 3.9 -0.5
SPYG SPDR Portfolio S&P 500 Growth ETF 57.5 4 6 3.6 -0.8
IVW iShares S&P 500 Growth ETF 57.5 18 -8 3.5 -0.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 57.0 30 -20 5.1 +0.7
OEF iShares S&P 100 ETF 56.8 20 -10 4.2 -0.2
IWF iShares Russell 1000 Growth ETF 56.7 19 -9 3.4 -1.0
VONG Vanguard Russell 1000 Growth Index Fund 56.4 8 2 3.5 -0.9
IUSV iShares Core S&P U.S. Value ETF 56.3 4 6 6.5 +2.1
ACWI iShares MSCI ACWI ETF 56.2 32 -22 5.1 +0.7
VT Vanguard Total World Stock ETF 55.7 8 2 5.4 +1.0
RWL Invesco S&P 500 Revenue ETF 54.9 39 -29 6.3 +1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 54.8 20 -10 5.3 +0.9
LOWC SPDR MSCI ACWI Low Carbon Target ETF 54.5 20 -10 5.3 +0.9
VOOV Vanguard S&P 500 Value ETF 54.4 10 0 6.6 +2.2
VONV Vanguard Russell 1000 Value Index Fund 54.0 8 2 6.2 +1.8
IWD iShares Russell 1000 Value ETF 53.5 19 -9 6.1 +1.7
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 53.3 15 -5 0.0 -4.4
SPYV SPDR Portfolio S&P 500 Value ETF 53.2 4 6 6.5 +2.1
IVE iShares S&P 500 Value ETF 53.2 18 -8 6.3 +1.9
DTD WisdomTree U.S.Total Dividend Fund 52.5 28 -18 6.2 +1.9
RESP WisdomTree US ESG Fund of Benef Interest 52.3 28 -18 5.0 +0.7
VUG Vanguard Growth Index Fund 51.2 4 6 3.5 -0.9
HIPR Direxion High Growth ETF 49.9 40 -30 3.8 -0.6
DLN WisdomTree U.S. LargeCap Dividend Fund 49.6 28 -18 6.1 +1.7
SCHV Schwab U.S. Large-Cap Value ETF 49.3 4 6 6.1 +1.7
ESGG FlexShares STOXX Global ESG Impact Index Fund 49.1 42 -32 4.6 +0.2
AFLG First Trust Active Factor Large Cap ETF 48.7 55 -45 4.7 +0.3
QWLD SPDR MSCI World StrategicFactors ETF 48.7 30 -20 5.4 +1.0
KRMA Global X Conscious Companies ETF 48.5 43 -33 4.8 +0.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 48.1 9 1 5.0 +0.6
DSI iShares MSCI KLD 400 Social ETF 47.6 25 -15 4.6 +0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 47.4 9 1 5.1 +0.7
EUSA iShares MSCI USA Equal Weighted ETF 46.8 15 -5 5.2 +0.8
RECS Columbia Research Enhanced Core ETF 46.6 15 -5 5.1 +0.7
IWY iShares Russell Top 200 Growth ETF 46.6 20 -10 3.5 -0.8
SUSA iShares MSCI USA ESG Select ETF 46.3 25 -15 4.2 -0.2
NACP Impact Shares NAACP Minority Empowerment ETF 45.9 49 -39 4.7 +0.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 45.7 21 -11 2.8 -1.5
SIZE iShares MSCI USA Size Factor ETF 45.6 15 -5 5.2 +0.8

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 3000 Index Fund
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 15.6 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 10 bp
Equals: ALTAR Score 4.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.44 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.