Vanguard Total Stock Market Index Fund
ALTAR
Score™
4.9% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
28.5x P/Sales
ratio
2.4x
P/BV
ratio
3.3x Div.
yield
1.7%


  • 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) $158,467
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 3495
Wgt avg mkt cap (mns) $376,682
Large cap (>$10bn) 87.2%
Mid cap ($2-10bn) 9.8%
Small cap (<$2bn) 3.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 5.1 %
MICROSOFT CORP 4.8 %
AMAZON.COM INC 4.0 %
FACEBOOK 1.9 %
ALPHABET INC. CLASS A 1.3 %
ALPHABET INC. CLASS C 1.3 %
JOHNSON & JOHNSON 1.2 %
BERKSHIRE HATHAWAY INC-CL B 1.1 %
PROCTER & GAMBLE CO/THE 1.0 %
VISA INC-CLASS A SHARES 1.0 %
Total 22.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.2 %
IRELAND 1.4 %
BRITAIN 0.9 %
SWITZERLAND 0.3 %
BERMUDA 0.3 %
CANADA 0.1 %
CAYMAN ISLANDS 0.0 %
PUERTO RICO 0.0 %
NETHERLANDS 0.0 %
LUXEMBOURG 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
2.1% 10.9% 10.9% 13.6% 8.4%

Market Correlations
versus... Beta R-squared
S&P500 1.04 100%
MSCI EAFE 1.05 85%
MSCI Emg. Mkts. 0.74 71%

Technical Indicators
Recent close $171.03
30d moving avg. $164.53
Annualized volatility 17.9%
Short interest (ETF) 1.4%
Short interest (Underlying) 2.9%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 2,850
Turnover 0.3%
Bid/Ask (% of price) 0.01%
ADV underlying (mns) $311,446

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
(%)
VTHR Vanguard Russell 3000 Index Fund 96.0 10 -7 4.8 -0.0
IWV iShares Russell 3000 ETF 95.9 20 -17 4.8 -0.1
SCHB Schwab U.S. Broad Market ETF 95.6 3 0 5.0 +0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 95.6 3 0 4.9 +0.1
IYY iShares Dow Jones U.S. ETF 91.8 20 -17 4.9 +0.1
VONE Vanguard Russell 1000 ETF 91.0 8 -5 5.0 +0.1
IWB iShares Russell 1000 ETF 90.9 15 -12 4.9 +0.0
SCHK Schwab 1000 Index ETF 90.9 5 -2 5.0 +0.2
SPTM SPDR Portfolio Total Stock Market ETF 88.1 3 0 5.3 +0.4
SCHX Schwab U.S. Large-Cap ETF 88.0 3 0 5.1 +0.2
PBUS Invesco PureBeta MSCI USA ETF 86.1 4 -1 5.0 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 84.8 2 1 5.1 +0.2
VV Vanguard Large-Cap Index Fund 84.8 4 -1 5.0 +0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 82.9 7 -4 5.0 +0.1
VOO VANGUARD S&P 500 ETF 81.2 3 0 5.2 +0.3
PBP Invesco S&P 500 BuyWrite ETF 81.2 49 -46 4.7 -0.1
IVV iShares Core S&P 500 ETF 81.2 4 -1 5.2 +0.3
SPLG SPDR Portfolio Large Cap ETF 81.2 3 0 5.2 +0.3
SPY SPDR S&P 500 ETF Trust 81.2 9 -6 5.1 +0.2
HSPX Global X S&P 500 Covered Call ETF 81.0 65 -62 4.6 -0.3
ESGV Vanguard ESG U.S. Stock ETF 80.4 12 -9 4.9 +0.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 79.5 20 -17 5.1 +0.2
SPXE ProShares S&P 500 Ex-Energy ETF 79.1 27 -24 5.1 +0.2
SFY SoFi Select 500 ETF 77.0 0 3 5.0 +0.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 76.6 25 -22 6.2 +1.3
JHML John Hancock Multifactor Large Cap ETF 75.9 29 -26 5.3 +0.4
ESGU iShares MSCI USA ESG Optimized ETF 73.0 15 -12 4.9 0.0
AVUS Avantis U.S. Equity ETF 72.2 15 -12 5.4 +0.5
MGC Vanguard Mega Cap Index Fund 71.3 7 -4 5.0 +0.1
SPXN ProShares S&P 500 Ex-Financials ETF 71.0 27 -24 4.7 -0.1
TOK iShares MSCI Kokusai ETF 71.0 25 -22 5.3 +0.5
KOKU Xtrackers MSCI Kokusai Equity ETF 70.7 9 -6 5.5 +0.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 70.4 9 -6 5.3 +0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 70.0 20 -17 4.7 -0.2
CATH Global X S&P 500 Catholic Values Custom ETF 69.8 29 -26 5.0 +0.1
SPXV ProShares S&P 500 Ex-Health Care ETF 69.4 27 -24 4.7 -0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 69.0 12 -9 4.5 -0.4
IWL iShares Russell Top 200 ETF 68.3 15 -12 4.7 -0.1
BKLC BNY Mellon US Large Cap Core Equity ETF 67.7 0 3 4.9 +0.1
EPS WisdomTree U.S. Earnings 500 Fund 67.1 8 -5 6.2 +1.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 66.2 25 -22 6.1 +1.3
URTH iShares MSCI World ETF 65.6 24 -21 5.5 +0.6
PRF Invesco FTSE RAFI US 1000 ETF 64.6 39 -36 6.5 +1.6
IUSG iShares Core S&P US Growth ETF 62.9 4 -1 4.2 -0.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 62.7 25 -22 6.1 +1.3
SNPE Xtrackers S&P 500 ESG ETF 62.2 11 -8 4.9 0.0
QUS SPDR MSCI USA StrategicFactors ETF 61.1 15 -12 5.6 +0.8
IQSU IQ Candriam ESG US Equity ETF 60.2 9 -6 4.9 -0.0
VOOG Vanguard S&P 500 Growth ETF 59.7 10 -7 4.1 -0.8
SPYG SPDR Portfolio S&P 500 Growth ETF 59.7 4 -1 4.2 -0.7
IVW iShares S&P 500 Growth ETF 59.7 18 -15 4.0 -0.9
VLU SPDR S&P 1500 Value Tilt ETF 59.0 12 -9 7.0 +2.2
SPXT ProShares S&P 500 Ex-Technology ETF 59.0 27 -24 5.4 +0.5
IUS Invesco Strategic US ETF 58.1 19 -16 6.2 +1.4
ACWI iShares MSCI ACWI ETF 57.6 32 -29 5.7 +0.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 56.7 30 -27 6.2 +1.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 56.1 20 -17 5.9 +1.0
ESG FlexShares STOXX US ESG Impact Index Fund 56.0 32 -29 4.8 -0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 55.8 60 -57 3.9 -0.9
LOWC SPDR MSCI ACWI Low Carbon Target ETF 55.8 20 -17 5.9 +1.0
DTD WisdomTree U.S.Total Dividend Fund 55.5 28 -25 6.4 +1.5
DIVB iShares U.S. Dividend & Buyback ETF 55.4 25 -22 6.3 +1.4
VT Vanguard Total World Stock Index Fund 54.9 8 -5 5.9 +1.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 54.4 29 -26 5.8 +0.9
OEF iShares S&P 100 ETF 54.0 20 -17 4.6 -0.3
VONG Vanguard Russell 1000 Growth Index Fund 53.7 8 -5 3.7 -1.2
IWF iShares Russell 1000 Growth ETF 53.6 19 -16 3.6 -1.3
RWL Invesco S&P 500 Revenue ETF 53.1 39 -36 6.8 +2.0
DLN WisdomTree U.S. LargeCap Dividend Fund 52.0 28 -25 6.2 +1.3
EXT WisdomTree U.S. Total Earnings Fund 51.9 28 -25 5.0 +0.1
SCHG Schwab U.S. Large-Cap Growth ETF 51.6 4 -1 3.9 -1.0
VONV Vanguard Russell 1000 Value Index Fund 51.4 8 -5 6.8 +1.9
IWD iShares Russell 1000 Value ETF 51.4 19 -16 6.7 +1.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 50.4 15 -12 6.0 +1.1
VUG Vanguard Growth Index Fund 50.1 4 -1 3.8 -1.1
ESGG FlexShares STOXX Global ESG Impact Index Fund 49.6 42 -39 5.2 +0.3
IUSV iShares Core S&P U.S. Value ETF 49.4 4 -1 7.2 +2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 48.2 9 -6 5.7 +0.8
QWLD SPDR MSCI World StrategicFactors ETF 47.3 30 -27 6.0 +1.1
AFLG First Trust Active Factor Large Cap ETF 46.8 55 -52 5.3 +0.4
SPYV SPDR Portfolio S&P 500 Value ETF 46.5 4 -1 7.1 +2.2
VOOV Vanguard S&P 500 Value ETF 46.5 15 -12 7.0 +2.2
IVE iShares S&P 500 Value ETF 46.5 18 -15 7.0 +2.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 46.3 9 -6 5.8 +0.9
KRMA Global X Conscious Companies ETF 46.1 43 -40 4.9 +0.1
DSI iShares MSCI KLD 400 Social ETF 45.7 25 -22 5.0 +0.1
RECS Columbia Research Enhanced Core ETF 45.6 15 -12 5.4 +0.5
DGRO iShares Core Dividend Growth ETF 44.9 8 -5 6.4 +1.5
IWY iShares Russell Top 200 Growth ETF 44.9 20 -17 3.7 -1.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 44.9 75 -72 3.9 -0.9
EUSA iShares MSCI USA Equal Weighted ETF 44.9 15 -12 5.9 +1.1
XLG Invesco S&P 500 Top 50 ETF 44.8 20 -17 4.3 -0.6
NACP Impact Shares NAACP Minority Empowerment ETF 44.7 75 -72 4.6 -0.3
VEGN US Vegan Climate ETF 44.7 60 -57 5.0 +0.1
RSP Invesco S&P 500 Equal Weight ETF 44.2 20 -17 6.4 +1.5
SIZE iShares Edge MSCI USA Size Factor ETF 43.6 15 -12 6.0 +1.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 43.4 34 -31 4.7 -0.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 43.2 19 -16 5.8 +0.9
SUSL iShares ESG MSCI USA Leaders ETF 42.8 10 -7 5.1 +0.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 42.7 49 -46 3.8 -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 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 15.2 %
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
1.45 CATEGORY
AVERAGE
1.52
 
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.