Vanguard Russell 2000 Growth Index Fund
ALTAR
Score™
0.1% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
147.4x P/Sales
ratio
2.9x
P/BV
ratio
7.2x Div.
yield
0.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Russell 2000 Growth is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Russell 2000 Growth Index.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Sep 20, 2010
Assets (mns) $667
Currency USD
Expense ratio 15 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Multi-Factor
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1153
Wgt avg mkt cap (mns) $3,027
Large cap (>$10bn) 1.0%
Mid cap ($2-10bn) 69.8%
Small cap (<$2bn) 26.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PLUG POWER INC 1.8 %
SUNRUN INC. 0.9 %
MIRATI THERAPEUTICS INC 0.6 %
DECKERS OUTDOOR CORP 0.6 %
ULTRAGENYX PHARMACEUTICAL IN 0.6 %
PENN NATIONAL GAMING INC 0.6 %
NATERA INC 0.6 %
II-VI INC 0.6 %
ELDORADO RESORTS INC 0.6 %
ARROWHEAD PHARMACEUTICALS, INC. 0.6 %
Total 7.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.9 %
BERMUDA 0.5 %
BRITAIN 0.4 %
CANADA 0.4 %
CAYMAN ISLANDS 0.3 %
PUERTO RICO 0.2 %
IRELAND 0.1 %
ISRAEL 0.1 %
GERMANY 0.1 %
LUXEMBOURG 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.
34.7% 34.7% 16.2% 13.4% 14.9%

Market Correlations
versus... Beta R-squared
S&P500 1.27 87%
MSCI EAFE 1.21 78%
MSCI Emg. Mkts. 0.97 64%

Technical Indicators
Recent close $229.85
30d moving avg. $215.14
Annualized volatility 25.7%
Short interest (ETF) 1.0%
Short interest (Underlying) 8.3%
Relative strength (RSI) 73

Liquidity measures
Avg. volume (thou.) 29
Turnover 1.0%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $24,188

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Vanguard Russell 2000 Growth Index Fund ETF based on the alternatives' overlap in portfolio holdings with VTWG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VTWG Expense: 15 bp ALTAR Score™: 0.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VTWG
Ticker Fund
Name
Overlap1
vs VTWG
(%)
Expense
ratio
(bp)
Savings
vs VTWG
(bp)
ALTAR
Score™
(%)
ALTAR
vs VTWG
(%)
IWO iShares Russell 2000 Growth ETF 98.8 24 -9 -0.1 -0.2
VTWO Vanguard Russell 2000 Index Fund 70.0 10 5 2.6 +2.6
IWM iShares Russell 2000 ETF 57.8 19 -4 2.5 +2.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 50.2 9 6 3.3 +3.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 48.9 20 -5 3.8 +3.7
JKK iShares Morningstar Small-Cap Growth ETF 43.3 30 -15 0.6 +0.5
SCHA Schwab U.S. Small-Cap ETF 41.6 4 11 3.6 +3.5
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 40.9 29 -14 -0.3 -0.3
STSB iShares Factors US Small Blend Style ETF 40.8 35 -20 2.9 +2.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 38.6 29 -14 4.2 +4.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 37.1 39 -24 3.9 +3.8
VBK Vanguard Small-Cap Growth Index Fund 35.0 7 8 1.9 +1.9
BKSE BNY Mellon US Small Cap Core Equity ETF 34.3 4 11 4.7 +4.6
PBSM Invesco PureBeta MSCI USA Small Cap ETF 33.8 6 9 4.0 +4.0
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 31.8 17 -2 4.0 +4.0
JHSC John Hancock Multifactor Small Cap ETF 31.6 42 -27 4.5 +4.5
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 30.5 35 -20 4.9 +4.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 29.6 70 -55 1.6 +1.5
AFSM First Trust Active Factor Small Cap ETF 27.9 77 -62 4.3 +4.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 27.6 66 -51 1.8 +1.7
VIOO Vanguard S&P Small-Cap 600 ETF 27.3 10 5 5.5 +5.5
SPSM SPDR Portfolio Small Cap ETF 26.7 5 10 5.6 +5.6
IJR iShares Core S&P Small Cap ETF 26.7 6 9 5.6 +5.5
SLY SPDR S&P 600 Small Cap ETF 26.7 15 0 5.5 +5.5
FYC First Trust Small Cap Growth AlphaDEX Fund 26.3 70 -55 1.7 +1.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 25.9 16 -1 4.3 +4.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 25.7 39 -24 3.4 +3.4
XJR iShares ESG Screened S&P Small-Cap ETF 25.7 12 3 5.7 +5.7
VFMO Vanguard U.S. Momentum Factor ETF 25.3 13 2 1.4 +1.3
SLYG SPDR S&P 600 Small Cap Growth ETF 25.3 15 0 4.4 +4.3
IJT iShares S&P Small-Cap 600 Growth ETF 25.3 18 -3 4.3 +4.3
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 25.1 24 -9 4.9 +4.8
FYX First Trust Small Cap Core AlphaDEX Fund 24.9 63 -48 5.4 +5.3
BTEC Principal Healthcare Innovators Index ETF 24.7 42 -27 -2.5 -2.5
NUSC Nuveen ESG Small-Cap ETF 24.2 40 -25 3.9 +3.9
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 24.1 30 -15 6.0 +5.9
VB Vanguard Small-Cap ETF 24.0 5 10 4.4 +4.4
DWAS Invesco DWA SmallCap Momentum ETF 23.4 60 -45 -1.2 -1.3
FSMD Fidelity Small-Mid Factor ETF 23.1 29 -14 5.2 +5.2
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 22.3 40 -25 5.1 +5.0
FNX First Trust Mid Cap Core AlphaDEX Fund 22.2 61 -46 5.1 +5.0
VXF Vanguard Extended Market Index Fund 22.2 6 9 2.5 +2.4
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 22.1 35 -20 6.0 +5.9
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 22.1 35 -20 6.0 +5.9
TPSC Timothy Plan US Small Cap Core ETF 21.5 52 -37 5.7 +5.6
IUSS Invesco Strategic US Small Company ETF 21.0 23 -8 3.6 +3.6
SSLY Syntax Stratified SmallCap ETF 20.8 30 -15 4.9 +4.8
CSML IQ Chaikin U.S. Small Cap ETF 19.6 35 -20 2.8 +2.8
EZM WisdomTree U.S. MidCap Earnings Fund 19.4 38 -23 7.6 +7.5
MDYG SPDR S&P 400 Mid Cap Growth ETF 18.4 15 0 3.7 +3.7
IJK iShares S&P Mid-Cap 400 Growth ETF 18.4 17 -2 3.7 +3.7
ISMD Inspire Small/Mid Cap Impact ETF 18.0 60 -45 4.3 +4.2
IBB iShares NASDAQ Biotechnology ETF 17.5 46 -31 0.1 +0.0
FNDA Schwab Fundamental U.S. Small Co. Index ETF 17.1 25 -10 4.8 +4.7
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 17.0 20 -5 3.6 +3.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 17.0 15 0 4.2 +4.1
XBI SPDR S&P BIOTECH ETF 16.8 35 -20 -2.2 -2.3
EWMC Invesco S&P MidCap 400 Equal Weight ETF 16.5 40 -25 5.6 +5.6
PSC Principal U.S. Small Cap Index ETF 16.3 38 -23 4.6 +4.5
MDY SPDR S&P Midcap 400 ETF Trust 16.3 23 -8 5.1 +5.1
IJH iShares Core S&P Mid-Cap ETF 16.2 5 10 5.3 +5.2
SPMD SPDR Portfolio Mid Cap ETF 16.2 5 10 5.3 +5.2
JKJ iShares Morningstar Small-Cap ETF 16.1 25 -10 5.1 +5.0
AFMC First Trust Active Factor Mid Cap ETF 15.8 65 -50 5.2 +5.2
IEIH iShares Evolved U.S. Innovative Healthcare ETF 15.4 18 -3 3.5 +3.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 15.4 39 -24 5.3 +5.2
SMDY Syntax Stratified MidCap ETF 15.3 30 -15 5.1 +5.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 15.3 35 -20 3.7 +3.7
IVOO Vanguard S&P Mid-Cap 400 ETF 15.0 10 5 5.3 +5.2
IBBJ Defiance Nasdaq Junior Biotechnology ETF 14.7 45 -30 -0.6 -0.7
VFQY Vanguard U.S. Quality Factor ETF 14.6 13 2 5.3 +5.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 14.4 12 3 6.0 +5.9
VFLQ Vanguard U.S. Liquidity Factor ETF 14.0 14 1 3.5 +3.4
XJH iShares ESG Screened S&P Mid-Cap ETF 13.9 12 3 5.4 +5.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 13.8 30 -15 4.9 +4.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 13.6 7 8 3.9 +3.8
EES WisdomTree SmallCap Earnings Fund 13.5 38 -23 7.5 +7.5
IWC iShares Micro-Cap ETF 13.1 60 -45 -3.2 -3.2
BFOR Barron's 400 ETF 13.1 65 -50 5.6 +5.5
VBR Vanguard Small Cap Value Index Fund 12.9 7 8 6.4 +6.4
IWN iShares Russell 2000 Value ETF 12.5 24 -9 5.0 +5.0
XSW SPDR S&P Software & Services ETF 12.5 35 -20 3.1 +3.1
KOMP SPDR Kensho New Economies Composite ETF 12.4 20 -5 1.6 +1.5
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 12.3 60 -45 3.6 +3.6
VTWV Vanguard Russell 2000 Value Index Fund 12.0 15 0 5.1 +5.1
TUSA First Trust Total US Market AlphaDEX ETF 11.8 70 -55 4.8 +4.7
RFG Invesco S&P Midcap 400 Pure Growth ETF 11.6 35 -20 3.3 +3.3
XSMO Invesco S&P SmallCap Momentum ETF 11.3 39 -24 3.6 +3.5
SLYV SPDR S&P 600 Small Cap Value ETF 11.0 15 0 6.9 +6.8
IJS iShares S&P Small-cap 600 Value ETF 11.0 18 -3 6.8 +6.7
VFMF Vanguard U.S. Multifactor ETF 10.9 19 -4 6.1 +6.1
BBC Virtus LifeSci Biotech Clinical Trials ETF 10.9 79 -64 0.0 -0.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 10.9 15 0 6.9 +6.8
RNSC Small Cap US Equity Select ETF 10.8 60 -45 6.0 +5.9
SFYX Sofi Next 500 ETF 10.7 0 15 4.8 +4.8
ROSC Hartford Multifactor Small Cap ETF 10.4 34 -19 6.5 +6.5
SIXL 6 Meridian Low Beta Equity Strategy ETF 10.4 84 -69 4.0 +4.0
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 10.2 20 -5 7.1 +7.1
RNMC Mid Cap US Equity Select ETF 9.9 60 -45 6.1 +6.0
DES WisdomTree U.S. SmallCap Dividend Fund 9.2 38 -23 6.7 +6.6

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 2000 Growth Index Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 1.3 %
Divided by: Fwd. P/BV 6.7 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 0.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.41 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.