Vanguard Russell 3000 Index Fund
ALTAR
Score™
5.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
26.0x P/Sales
ratio
2.2x
P/BV
ratio
3.0x Div.
yield
1.8%


  • 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 22, 2010
Assets (mns) $562
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 2919
Wgt avg mkt cap (mns) $301,303
Large cap (>$10bn) 86.9%
Mid cap ($2-10bn) 10.1%
Small cap (<$2bn) 3.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 4.7 %
APPLE INC 4.4 %
AMAZON.COM INC 3.4 %
FACEBOOK 1.8 %
ALPHABET INC. CLASS C 1.4 %
ALPHABET INC. CLASS A 1.4 %
JOHNSON & JOHNSON 1.3 %
BERKSHIRE HATHAWAY INC-CL B 1.2 %
VISA INC-CLASS A SHARES 1.1 %
JPMORGAN CHASE & CO 1.0 %
Total 21.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.7 %
IRELAND 1.6 %
BRITAIN 1.0 %
BERMUDA 0.3 %
SWITZERLAND 0.2 %
LUXEMBOURG 0.1 %
CHINA 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.
-5.8% 11.0% 8.9% -- 12.4%

Market Correlations
versus... Beta R-squared
S&P500 1.03 99%
MSCI EAFE 1.03 85%
MSCI Emg. Mkts. 0.76 70%

Technical Indicators
Recent close $138.70
30d moving avg. $130.33
Annualized volatility 17.5%
Short interest (ETF) 0.5%
Short interest (Underlying) 2.9%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 21
Turnover 0.5%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $338,662

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 5.3%


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 98.6 20 -10 5.2 -0.1
VTI Vanguard Total Stock Market Index Fund 97.8 3 7 5.3 +0.0
SCHB Schwab U.S. Broad Market ETF 97.5 3 7 5.4 +0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 97.4 3 7 5.3 +0.0
IYY iShares Dow Jones U.S. ETF 94.4 20 -10 5.3 0.0
SCHK Schwab 1000 Index ETF 93.5 5 5 5.4 +0.1
VONE Vanguard Russell 1000 ETF 93.5 8 2 5.4 +0.1
IWB iShares Russell 1000 ETF 93.3 15 -5 5.3 +0.0
SPTM SPDR Portfolio Total Stock Market ETF 91.0 3 7 5.6 +0.4
SCHX Schwab U.S. Large-Cap ETF 90.5 3 7 5.4 +0.2
PBUS Invesco PureBeta MSCI USA ETF 88.0 4 6 5.4 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 87.3 2 8 5.4 +0.2
VV Vanguard Large-Cap Index Fund 86.9 4 6 5.4 +0.1
SPLG SPDR Portfolio Large Cap ETF 84.0 3 7 5.5 +0.3
IVV iShares Core S&P 500 ETF 84.0 4 6 5.5 +0.3
PBP Invesco S&P 500 BuyWrite ETF 84.0 49 -39 5.1 -0.2
SPY SPDR S&P 500 ETF Trust 84.0 9 1 5.5 +0.2
VOO VANGUARD S&P 500 ETF 84.0 3 7 5.5 +0.3
HSPX Global X S&P 500 Covered Call ETF 83.8 65 -55 5.0 -0.3
ESGV Vanguard ESG U.S. Stock ETF 82.0 12 -2 5.3 +0.1
SPXE ProShares S&P 500 Ex-Energy ETF 81.6 27 -17 5.4 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 81.3 20 -10 5.5 +0.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 79.6 25 -15 6.2 +0.9
SFY SoFi Select 500 ETF 77.0 0 10 5.4 +0.1
JHML John Hancock Multifactor Large Cap ETF 76.9 34 -24 5.6 +0.3
MGC Vanguard Mega Cap Index Fund 73.9 7 3 5.3 +0.1
SPXN ProShares S&P 500 Ex-Financials ETF 72.9 27 -17 5.1 -0.1
AVUS Avantis U.S. Equity ETF 72.6 15 -5 5.8 +0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 72.1 20 -10 5.1 -0.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 71.6 9 1 5.6 +0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 71.2 27 -17 5.2 -0.1
CATH Global X S&P 500 Catholic Values Custom ETF 71.0 29 -19 5.3 +0.1
TOK iShares MSCI Kokusai ETF 70.1 25 -15 5.8 +0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 70.1 12 -2 5.1 -0.2
IWL iShares Russell Top 200 ETF 69.6 15 -5 5.2 -0.1
EPS WisdomTree U.S. Earnings 500 Fund 69.1 8 2 6.5 +1.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 69.0 25 -15 6.6 +1.3
ESGU iShares MSCI USA ESG Optimized ETF 67.0 15 -5 5.2 -0.1
PRF Invesco FTSE RAFI US 1000 ETF 66.2 39 -29 6.8 +1.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 65.6 25 -15 6.6 +1.3
URTH iShares MSCI World ETF 64.7 24 -14 5.9 +0.6
SNPE Xtrackers S&P 500 ESG ETF 64.0 11 -1 5.2 -0.0
IUSG iShares Core S&P US Growth ETF 63.5 4 6 4.5 -0.8
QUS SPDR MSCI USA StrategicFactors ETF 62.8 15 -5 5.9 +0.6
SPXT ProShares S&P 500 Ex-Technology ETF 62.1 27 -17 5.7 +0.4
IUS Invesco Strategic US ETF 61.8 19 -9 6.2 +1.0
IQSU IQ Candriam ESG US Equity ETF 61.3 9 1 5.3 +0.0
SPYG SPDR Portfolio S&P 500 Growth ETF 60.4 4 6 4.5 -0.8
IVW iShares S&P 500 Growth ETF 60.4 18 -8 4.3 -0.9
VOOG Vanguard S&P 500 Growth ETF 60.2 10 0 4.4 -0.8
VLU SPDR S&P 1500 Value Tilt ETF 60.1 12 -2 7.4 +2.1
VONG Vanguard Russell 1000 Growth Index Fund 58.8 8 2 4.4 -0.8
IWF iShares Russell 1000 Growth ETF 58.8 19 -9 4.3 -0.9
RWL Invesco S&P 500 Revenue ETF 57.5 39 -29 6.8 +1.6
DTD WisdomTree U.S.Total Dividend Fund 57.4 28 -18 6.6 +1.4
ACWI iShares MSCI ACWI ETF 57.3 32 -22 6.1 +0.8
VT Vanguard Total World Stock Index Fund 56.6 8 2 6.3 +1.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 56.2 30 -20 6.8 +1.5
DIVB iShares U.S. Dividend & Buyback ETF 56.1 25 -15 6.5 +1.3
OEF iShares S&P 100 ETF 55.6 20 -10 5.0 -0.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 54.8 20 -10 6.4 +1.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 54.5 20 -10 6.5 +1.2
ESG FlexShares STOXX US ESG Impact Index Fund 54.3 32 -22 5.2 -0.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 54.2 29 -19 6.2 +0.9
DLN WisdomTree U.S. LargeCap Dividend Fund 53.9 28 -18 6.4 +1.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 53.6 60 -50 4.5 -0.7
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 53.1 29 -19 4.3 -0.9
IUSV iShares Core S&P U.S. Value ETF 52.8 4 6 7.4 +2.2
EXT WisdomTree U.S. Total Earnings Fund 52.3 28 -18 5.8 +0.6
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 51.8 15 -5 6.4 +1.1
SCHG Schwab U.S. Large-Cap Growth ETF 51.3 4 6 4.3 -1.0
VOOV Vanguard S&P 500 Value ETF 50.1 15 -5 7.2 +2.0
SPYV SPDR Portfolio S&P 500 Value ETF 49.9 4 6 7.3 +2.1
IVE iShares S&P 500 Value ETF 49.9 18 -8 7.2 +1.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 49.8 42 -32 5.7 +0.4
RECS Columbia Research Enhanced Core ETF 49.8 15 -5 5.7 +0.4
DGRO iShares Core Dividend Growth ETF 49.3 8 2 6.5 +1.3
VUG Vanguard Growth Index Fund 49.2 4 6 4.2 -1.0
QWLD SPDR MSCI World StrategicFactors ETF 49.1 30 -20 6.1 +0.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 48.2 9 1 6.3 +1.0
IWY iShares Russell Top 200 Growth ETF 47.4 20 -10 4.3 -0.9
NACP Impact Shares NAACP Minority Empowerment ETF 47.3 75 -65 4.6 -0.6
IWD iShares Russell 1000 Value ETF 47.1 19 -9 7.1 +1.8
VONV Vanguard Russell 1000 Value Index Fund 47.1 8 2 7.2 +1.9
AFLG First Trust Active Factor Large Cap ETF 47.0 55 -45 5.6 +0.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 46.9 9 1 5.9 +0.7
EUSA iShares MSCI USA Equal Weighted ETF 46.6 15 -5 6.1 +0.8
DSI iShares MSCI KLD 400 Social ETF 46.5 25 -15 5.3 +0.0
SIZE iShares Edge MSCI USA Size Factor ETF 46.0 15 -5 6.0 +0.7
VEGN US Vegan Climate ETF 45.6 60 -50 5.3 +0.0
XLG Invesco S&P 500 Top 50 ETF 45.2 20 -10 4.7 -0.6
KRMA Global X Conscious Companies ETF 45.2 43 -33 5.3 +0.0
MXDU Nationwide Maximum Diversification US Core Equity ETF 44.7 34 -24 5.2 -0.1
RSP Invesco S&P 500 Equal Weight ETF 44.6 20 -10 6.9 +1.6
SUSL iShares ESG MSCI USA Leaders ETF 44.2 10 0 5.4 +0.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 44.1 10 0 5.5 +0.2
WOMN Impact Shares YWCA Women's Empowerment ETF 44.1 75 -65 4.6 -0.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 43.4 19 -9 5.7 +0.4
RNLC Large Cap US Equity Select ETF 43.0 60 -50 6.2 +1.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 43.0 49 -39 4.2 -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%.

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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 15.2 %
Divided by: Fwd. P/BV 2.8 x
Less: Expense ratio 10 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.45 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.