Vanguard Total Stock Market Index Fund
ALTAR
Score™
4.9% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
28.3x P/Sales
ratio
2.4x
P/BV
ratio
3.4x Div.
yield
1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Vanguard Total Stock Market ETF seeks investment results that correspond to the price and yield performance of the MSCI US Broad Market Index. The index consists large-, mid-, and small-cap stocks diversified across growth and value styles.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard
Website www.vanguard.com
Inception date May 24, 2001
Assets (mns) $169,779
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 3527
Wgt avg mkt cap (mns) $381,373
Large cap (>$10bn) 87.5%
Mid cap ($2-10bn) 9.2%
Small cap (<$2bn) 2.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 4.9 %
MICROSOFT CORP 4.6 %
AMAZON.COM INC 3.8 %
FACEBOOK 1.9 %
ALPHABET INC. CLASS A 1.4 %
ALPHABET INC. CLASS C 1.3 %
BERKSHIRE HATHAWAY INC-CL B 1.1 %
JOHNSON & JOHNSON 1.1 %
PROCTER & GAMBLE CO/THE 1.0 %
VISA INC-CLASS A SHARES 0.9 %
Total 22.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.2 %
IRELAND 1.4 %
BRITAIN 0.8 %
SWITZERLAND 0.3 %
BERMUDA 0.3 %
CANADA 0.1 %
CAYMAN ISLANDS 0.0 %
PUERTO RICO 0.0 %
NETHERLANDS 0.0 %
U.S. VIRGIN ISLANDS 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
5.5% 14.9% 13.7% 13.5% 8.5%

Market Correlations
versus... Beta R-squared
S&P500 1.03 100%
MSCI EAFE 1.06 86%
MSCI Emg. Mkts. 0.76 70%

Technical Indicators
Recent close $173.63
30d moving avg. $172.85
Annualized volatility 18.4%
Short interest (ETF) 0.8%
Short interest (Underlying) 2.9%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 3,412
Turnover 0.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $339,802

Distributions


FINDING ALTERNATIVE FUNDS

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

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


ALTERNATIVE ETFs BASED ON OVERLAP WITH VTI
Ticker Fund
Name
Overlap1
vs VTI
(%)
Expense
ratio
(bp)
Savings
vs VTI
(bp)
ALTAR
Score™
(%)
ALTAR
vs VTI
(%)
SCHB Schwab U.S. Broad Market ETF 95.3 3 0 5.0 +0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 95.2 3 0 4.9 0.0
VTHR Vanguard Russell 3000 Index Fund 95.0 10 -7 4.9 -0.0
IWV iShares Russell 3000 ETF 94.8 20 -17 4.8 -0.1
IYY iShares Dow Jones U.S. ETF 90.7 20 -17 4.9 0.0
SCHK Schwab 1000 Index ETF 89.9 5 -2 5.1 +0.1
VONE Vanguard Russell 1000 ETF 89.7 8 -5 5.0 +0.1
IWB iShares Russell 1000 ETF 89.7 15 -12 4.9 +0.0
SCHX Schwab U.S. Large-Cap ETF 87.8 3 0 5.0 +0.1
SPTM SPDR Portfolio Total Stock Market ETF 86.1 3 0 5.4 +0.4
PBUS Invesco PureBeta MSCI USA ETF 84.9 4 -1 5.1 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 83.5 2 1 5.1 +0.2
VV Vanguard Large-Cap Index Fund 83.3 4 -1 5.1 +0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 81.6 7 -4 5.1 +0.1
ESGV Vanguard ESG U.S. Stock ETF 80.0 12 -9 4.9 +0.0
VOO VANGUARD S&P 500 ETF 79.4 3 0 5.3 +0.3
PBP Invesco S&P 500 BuyWrite ETF 79.4 49 -46 4.8 -0.1
IVV iShares Core S&P 500 ETF 79.4 3 0 5.2 +0.3
SPLG SPDR Portfolio Large Cap ETF 79.4 3 0 5.2 +0.3
SPY SPDR S&P 500 ETF Trust 79.4 9 -6 5.2 +0.3
HSPX Global X S&P 500 Covered Call ETF 79.4 60 -57 4.8 -0.1
XYLG Global X S&P 500 Covered Call & Growth ETF 79.3 60 -57 4.9 -0.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 78.1 20 -17 5.2 +0.3
SPXE ProShares S&P 500 Ex-Energy ETF 77.3 27 -24 5.1 +0.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 76.5 25 -22 6.2 +1.3
SFY SoFi Select 500 ETF 76.1 0 3 5.0 +0.1
JHML John Hancock Multifactor Large Cap ETF 75.2 29 -26 5.4 +0.5
KOKU Xtrackers MSCI Kokusai Equity ETF 71.8 9 -6 5.6 +0.7
TOK iShares MSCI Kokusai ETF 71.8 25 -22 5.4 +0.5
ESGU iShares MSCI USA ESG Optimized ETF 71.4 15 -12 4.9 0.0
AVUS Avantis U.S. Equity ETF 70.6 15 -12 5.5 +0.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 69.4 9 -6 5.4 +0.5
MGC Vanguard Mega Cap Index Fund 69.3 7 -4 5.0 +0.1
SPXN ProShares S&P 500 Ex-Financials ETF 69.1 27 -24 4.8 -0.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 68.5 20 -17 4.8 -0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 67.9 12 -9 4.6 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 67.8 29 -26 5.0 +0.1
SPXV ProShares S&P 500 Ex-Health Care ETF 67.6 27 -24 4.9 -0.0
IWL iShares Russell Top 200 ETF 66.9 15 -12 4.8 -0.1
URTH iShares MSCI World ETF 66.1 24 -21 5.5 +0.6
EPS WisdomTree U.S. Earnings 500 Fund 65.8 8 -5 6.3 +1.4
BKLC BNY Mellon US Large Cap Core Equity ETF 65.5 0 3 5.0 +0.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 64.6 25 -22 6.7 +1.8
PRF Invesco FTSE RAFI US 1000 ETF 63.6 39 -36 6.7 +1.8
IUSG iShares Core S&P US Growth ETF 62.1 4 -1 4.3 -0.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 61.2 25 -22 6.6 +1.7
QUS SPDR MSCI USA StrategicFactors ETF 60.3 15 -12 5.8 +0.8
EFIV SPDR S&P 500 ESG ETF 59.3 10 -7 5.0 +0.0
IQSU IQ Candriam ESG US Equity ETF 59.3 9 -6 5.0 +0.0
SNPE Xtrackers S&P 500 ESG ETF 59.2 10 -7 4.9 +0.0
VOOG Vanguard S&P 500 Growth ETF 59.2 10 -7 4.2 -0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 59.1 4 -1 4.3 -0.7
IVW iShares S&P 500 Growth ETF 59.1 18 -15 16.9 +12.0
VLU SPDR S&P 1500 Value Tilt ETF 58.4 12 -9 7.3 +2.4
ACWI iShares MSCI ACWI ETF 57.9 32 -29 5.7 +0.8
IUS Invesco Strategic US ETF 57.3 19 -16 6.4 +1.5
SPXT ProShares S&P 500 Ex-Technology ETF 57.1 27 -24 5.5 +0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 56.2 20 -17 6.0 +1.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 56.1 30 -27 6.5 +1.6
LOWC SPDR MSCI ACWI Low Carbon Target ETF 56.0 20 -17 6.0 +1.0
ESG FlexShares STOXX US ESG Impact Index Fund 55.5 32 -29 5.0 +0.1
VT Vanguard Total World Stock Index Fund 55.5 8 -5 6.0 +1.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 55.3 60 -57 4.0 -0.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 54.9 29 -26 5.9 +1.0
DIVB iShares U.S. Dividend & Buyback ETF 54.4 25 -22 6.8 +1.9
DTD WisdomTree U.S.Total Dividend Fund 54.3 28 -25 6.6 +1.7
IWF iShares Russell 1000 Growth ETF 53.7 19 -16 3.7 -1.3
VONG Vanguard Russell 1000 Growth Index Fund 53.6 8 -5 3.8 -1.2
OEF iShares S&P 100 ETF 52.6 20 -17 4.7 -0.2
RWL Invesco S&P 500 Revenue ETF 51.8 39 -36 7.1 +2.2
VONV Vanguard Russell 1000 Value Index Fund 50.5 8 -5 6.9 +2.0
DLN WisdomTree U.S. LargeCap Dividend Fund 50.5 28 -25 6.4 +1.5
IWD iShares Russell 1000 Value ETF 50.4 19 -16 6.8 +1.9
EXT WisdomTree U.S. Total Earnings Fund 50.1 28 -25 5.4 +0.5
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 49.0 15 -12 6.1 +1.2
VUG Vanguard Growth Index Fund 48.8 4 -1 3.8 -1.1
ESGG FlexShares STOXX Global ESG Impact Index Fund 48.4 42 -39 5.2 +0.3
IUSV iShares Core S&P U.S. Value ETF 48.0 4 -1 7.4 +2.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 47.8 9 -6 5.8 +0.9
AFLG First Trust Active Factor Large Cap ETF 47.6 55 -52 5.3 +0.4
QWLD SPDR MSCI World StrategicFactors ETF 46.9 30 -27 6.1 +1.2
SCHV Schwab U.S. Large-Cap Value ETF 46.4 4 -1 6.8 +1.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 45.8 9 -6 5.9 +1.0
VOOV Vanguard S&P 500 Value ETF 45.2 10 -7 7.2 +2.3
KRMA Global X Conscious Companies ETF 45.1 43 -40 5.1 +0.2
DSI iShares MSCI KLD 400 Social ETF 45.1 25 -22 5.0 +0.1
IVE iShares S&P 500 Value ETF 45.1 18 -15 7.1 +2.2
SPYV SPDR Portfolio S&P 500 Value ETF 45.1 4 -1 7.3 +2.4
EUSA iShares MSCI USA Equal Weighted ETF 45.0 15 -12 6.0 +1.1
IWY iShares Russell Top 200 Growth ETF 44.6 20 -17 3.8 -1.1
VEGN US Vegan Climate ETF 44.5 60 -57 5.0 +0.1
RECS Columbia Research Enhanced Core ETF 44.4 15 -12 5.5 +0.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 43.8 75 -72 3.8 -1.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 43.7 34 -31 4.6 -0.4
NACP Impact Shares NAACP Minority Empowerment ETF 43.5 75 -72 4.7 -0.2
XLG Invesco S&P 500 Top 50 ETF 43.5 20 -17 4.4 -0.5
SIZE iShares MSCI USA Size Factor ETF 43.4 15 -12 6.0 +1.1
DGRO iShares Core Dividend Growth ETF 43.2 8 -5 6.6 +1.7
ROUS Hartford Multifactor US Equity ETF 43.0 19 -16 6.4 +1.5
RSP Invesco S&P 500 Equal Weight ETF 43.0 20 -17 6.4 +1.5

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 Total Stock Market 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 15.3 %
Divided by: Fwd. P/BV 3.1 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
1.44 CATEGORY
AVERAGE
1.51
 
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.