Vanguard Russell 2000 Value Index Fund
ALTAR
Score™
7.5% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
32.4x P/Sales
ratio
0.7x
P/BV
ratio
1.0x Div.
yield
2.7%


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

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Sep 20, 2010
Assets (mns) $272
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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1388
Wgt avg mkt cap (mns) $1,825
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 39.2%
Small cap (<$2bn) 60.8%
Developed mkts 100.0%
Emerging mkts 0.1%

TOP TEN HOLDINGS
LUMENTUM HOLDINGS, INC. 0.8 %
TECH DATA CORP 0.7 %
REXFORD INDUSTRIAL REALTY IN 0.6 %
STAG INDUSTRIAL INC 0.6 %
DARLING INTERNATIONAL INC 0.5 %
ONE GAS INC 0.5 %
FTI CONSULTING INC 0.5 %
HEALTHCARE REALTY TRUST INC 0.5 %
FIRST INDUSTRIAL REALTY TR 0.5 %
PORTLAND GENERAL ELECTRIC CO 0.5 %
Total 5.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.2 %
BERMUDA 1.5 %
IRELAND 0.3 %
PUERTO RICO 0.3 %
CAYMAN ISLANDS 0.3 %
BRITAIN 0.2 %
CANADA 0.1 %
MONACO 0.1 %
PANAMA 0.1 %


HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-23.5% -17.5% 1.2% -- 6.9%

Market Correlations
versus... Beta R-squared
S&P500 1.28 83%
MSCI EAFE 1.32 78%
MSCI Emg. Mkts. 0.95 62%

Technical Indicators
Recent close $83.62
30d moving avg. $85.33
Annualized volatility 23.8%
Short interest (ETF) 1.2%
Short interest (Underlying) 5.6%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 41
Turnover 1.3%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $17,833

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: VTWV Expense: 15 bp ALTAR Score™: 7.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VTWV
Ticker Fund
Name
Overlap1
vs VTWV
(%)
Expense
ratio
(bp)
Savings
vs VTWV
(bp)
ALTAR
Score™
(%)
ALTAR
vs VTWV
(%)
IWN iShares Russell 2000 Value ETF 97.5 24 -9 7.4 -0.2
IWM iShares Russell 2000 ETF 48.4 19 -4 3.7 -3.9
VTWO Vanguard Russell 2000 Index Fund 48.0 10 5 3.7 -3.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 46.2 20 -5 6.0 -1.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 42.3 39 -24 4.2 -3.3
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 40.9 29 -14 9.8 +2.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 39.5 29 -14 5.7 -1.9
VIOO Vanguard S&P Small-Cap 600 ETF 38.9 10 5 7.3 -0.3
SPSM SPDR Portfolio Small Cap ETF 38.1 5 10 7.2 -0.3
SLY SPDR S&P 600 Small Cap ETF 38.1 15 0 7.1 -0.4
IJR iShares Core S&P Small Cap ETF 38.1 7 8 7.2 -0.4
DES WisdomTree U.S. SmallCap Dividend Fund 36.4 38 -23 8.8 +1.3
EES WisdomTree SmallCap Earnings Fund 35.2 38 -23 11.8 +4.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 34.9 25 -10 6.8 -0.7
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 34.7 40 -25 6.8 -0.7
SCHA Schwab U.S. Small-Cap ETF 33.7 4 11 4.7 -2.8
IUSS Invesco Strategic US Small Company ETF 32.7 23 -8 5.5 -2.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 32.6 15 0 9.8 +2.2
SLYV SPDR S&P 600 Small Cap Value ETF 32.1 15 0 9.4 +1.9
VBR Vanguard Small Cap Value Index Fund 32.0 7 8 8.5 +1.0
IJS iShares S&P Small-cap 600 Value ETF 32.0 25 -10 9.3 +1.8
FYX First Trust Small Cap Core AlphaDEX Fund 30.3 63 -48 6.7 -0.9
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 30.1 35 -20 8.4 +0.8
TPSC Timothy Plan US Small Cap Core ETF 29.0 52 -37 8.4 +0.8
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 28.3 35 -20 8.3 +0.8
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 28.3 24 -9 7.3 -0.2
BKSE BNY Mellon US Small Cap Core Equity ETF 28.2 4 11 5.7 -1.8
RNSC Small Cap US Equity Select ETF 28.0 60 -45 7.8 +0.3
PBSM Invesco PureBeta MSCI USA Small Cap ETF 27.6 6 9 5.4 -2.1
CSML IQ Chaikin U.S. Small Cap ETF 27.3 35 -20 4.2 -3.3
AVUV Avantis U.S. Small Cap Value ETF 26.9 25 -10 9.5 +1.9
SSLY Syntax Stratified SmallCap ETF 26.9 30 -15 6.3 -1.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 26.9 39 -24 7.8 +0.3
ISMD Inspire Small/Mid Cap Impact ETF 26.6 60 -45 6.6 -1.0
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 26.5 30 -15 7.9 +0.3
AFSM First Trust Active Factor Small Cap ETF 25.6 75 -60 5.7 -1.8
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 25.0 35 -20 6.4 -1.1
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 24.9 17 -2 5.2 -2.3
PSC Principal U.S. Small Cap Index ETF 24.3 38 -23 7.1 -0.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 22.9 12 3 7.9 +0.4
FYT First Trust Small Cap Value AlphaDEX Fund 22.6 72 -57 9.7 +2.1
JKJ iShares Morningstar Small-Cap ETF 21.5 25 -10 6.8 -0.8
NUSC Nuveen ESG Small-Cap ETF 21.0 40 -25 5.4 -2.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 20.9 39 -24 7.7 +0.2
VB Vanguard Small-Cap ETF 20.6 5 10 5.4 -2.1
VFVA Vanguard U.S. Value Factor ETF 20.5 14 1 11.7 +4.2
JHSC John Hancock Multifactor Small Cap ETF 20.3 42 -27 6.0 -1.6
ROGS Hartford Multifactor Global Small Cap ETF 20.0 34 -19 8.0 +0.5
VXF Vanguard Extended Market Index Fund 19.8 7 8 3.8 -3.7
EWMC Invesco S&P MidCap 400 Equal Weight ETF 19.6 40 -25 7.3 -0.2
VFLQ Vanguard U.S. Liquidity Factor ETF 19.4 14 1 4.7 -2.8
FSMD Fidelity Small-Mid Factor ETF 19.3 29 -14 7.1 -0.4
JKL iShares Morningstar Small Cap Value ETF 19.1 30 -15 10.5 +3.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 19.1 16 -1 5.2 -2.3
SLYG SPDR S&P 600 Small Cap Growth ETF 18.9 15 0 5.3 -2.2
IJT iShares S&P Small-Cap 600 Growth ETF 18.9 25 -10 5.2 -2.4
IWC iShares Micro-Cap ETF 18.8 60 -45 -3.9 -11.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 18.5 15 0 8.7 +1.2
MDYV SPDR S&P 400 Mid Cap Value ETF 18.2 15 0 8.8 +1.2
IJJ iShares S&P Mid-Cap 400 Value ETF 18.2 25 -10 8.7 +1.2
VFMF Vanguard U.S. Multifactor ETF 16.9 19 -4 7.3 -0.2
EZM WisdomTree U.S. MidCap Earnings Fund 16.6 38 -23 9.3 +1.8
FAB First Trust Multi Cap Value AlphaDEX Fund 16.5 71 -56 9.7 +2.2
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 16.2 20 -5 4.7 -2.8
SMDY Syntax Stratified MidCap ETF 15.8 30 -15 6.4 -1.1
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 15.6 29 -14 1.8 -5.7
VFQY Vanguard U.S. Quality Factor ETF 15.1 13 2 6.1 -1.4
BUY USCF SummerHaven SHPEI Index Fund 14.6 80 -65 10.4 +2.9
PSCF Invesco S&P SmallCap Financials ETF 14.3 29 -14 11.6 +4.1
IVOO Vanguard S&P Mid-Cap 400 ETF 14.2 10 5 6.5 -1.0
MDY SPDR S&P Midcap 400 ETF Trust 14.2 23 -8 6.5 -1.0
SPMD SPDR Portfolio Mid Cap ETF 14.2 5 10 6.7 -0.8
IJH iShares Core S&P Mid-Cap ETF 14.1 6 9 6.7 -0.9
QABA First Trust NASDAQ ABA Community Bank Index Fund 14.1 60 -45 10.8 +3.3
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 13.8 20 -5 9.6 +2.0
VUSE Vident Core US Equity Fund 13.8 48 -33 8.4 +0.9
RWK Invesco S&P MidCap 400 Revenue ETF 12.9 39 -24 8.2 +0.7
KRE SPDR S&P Regional Banking ETF 12.7 35 -20 11.5 +4.0
TUSA First Trust Total US Market AlphaDEX ETF 12.5 70 -55 6.0 -1.5
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 12.4 38 -23 9.2 +1.6
SQLV Legg Mason Small-Cap Quality Value 12.4 62 -47 8.0 +0.4
FYC First Trust Small Cap Growth AlphaDEX Fund 12.1 70 -55 2.5 -5.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 12.1 7 8 5.5 -2.0
XSVM Invesco S&P SmallCap Value with Momentum ETF 12.0 39 -24 11.8 +4.3
FNX First Trust Mid Cap Core AlphaDEX Fund 11.4 61 -46 6.4 -1.1
IWO iShares Russell 2000 Growth ETF 11.2 24 -9 0.8 -6.8
VTWG Vanguard Russell 2000 Growth Index Fund 11.1 15 0 0.8 -6.8
RNMC Mid Cap US Equity Select ETF 10.9 60 -45 7.8 +0.3
XSLV Invesco S&P SmallCap Low Volatility ETF 10.9 25 -10 6.0 -1.5
AFMC First Trust Active Factor Mid Cap ETF 10.8 65 -50 6.4 -1.2
RZV Invesco S&P Smallcap 600 Pure Value ETF 10.1 35 -20 10.2 +2.7
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 9.8 25 -10 6.7 -0.9
VAMO Cambria Value & Momentum ETF 9.7 64 -49 7.7 +0.2
VFMO Vanguard U.S. Momentum Factor ETF 9.7 13 2 1.2 -6.4
SMDV ProShares Russell 2000 Dividend Growers ETF 9.5 40 -25 7.6 +0.0
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 9.4 11 4 7.4 -0.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 9.2 66 -51 2.5 -5.0
FRI First Trust S&P REIT Index Fund 9.2 50 -35 7.0 -0.5
USRT iShares Core U.S. REIT ETF 9.2 8 7 7.4 -0.1
XSHQ Invesco S&P SmallCap Quality ETF 9.2 29 -14 6.7 -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 2000 Value Index Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.6 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.59 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.