Equity: U.S. - Total Market

RFFC Top Performer Intra-day
Price $29.52
Today’s Change +0.21%(0.72)
2:16pm 06/23/2017
SQZZ Bottom Performer Intra-day
Price $24.59
Today’s Change -0.19%(-0.76)
3:09pm 06/23/2017
  • Overview
  • Efficiency
  • Tradability
  • Fit

ETF.com Insight

The U.S. Total Market segment is jam-packed with more than 55 different ETFs. Funds that land here don’t discriminate by firm size, meaning they can pull from the entire spectrum ofinvestors looking for broad exposure should focus on fees and accessibility large-, mid- and small-caps. Still, the ETFs here show a huge range of investment aims, from market-cap weighted funds like VTI, reflective of the entire market, to niche plays like WIL, which focuses on firms with women in leadership roles.

Therefore, investors should first consider whether they want marketlike exposure or something else. Roughly a dozen funds use simple market-cap exposure while the rest pursue alternate methodologies aimed at improving on the market, targeting specific exchanges or delivering on a narrow investment thesis. The vanilla funds—those aiming to provide broad, neutral exposure—offer uniformly rock-solid coverage and therefore distinguish themselves mostly by holding costs, asset levels and liquidity. SCHB and VTI are 2 of the best choices for investors wanting marketlike exposure, as those funds have incredibly low holding costs and are eminently tradable. VTI edges SCHB for the Analyst Pick ribbon due to its dominant liquidity.

For investors looking for funds that forego market-cap coverage in pursuit of something else have plenty of choices. This “something else” varies in both nature and strength. The nature of these alternative exposures includes ETFs with a bias toward dividends (DTD), quality (QUAL) or ESG themes (KLD).0 The strength of these plays varies too, meaning a momentum-oriented fund like MMTM has subtle biases relative to the market while another momentum play (DWAQ) takes a far more aggressive stance. A lower “Fit” score signals that a fund makes bolder choices in executing its thesis. Among the non-market-cap weighted funds, USMV makes the Opportunities List with a rigorous low-vol approach in a large and liquid wrapper. Still, USMV is more the exception than the rule: Funds with alternative exposure typically carry higher fees and trade at wider spreads, and some are at risk to close. See the Efficiency tab for more on this last point. (Insight updated 06/23/17)

All Funds (98)

FNDB $263.4 M 263402747.4 decent assets

A 93
E
96
96
T
86
86
F
93
93

DSI $868.3 M 868302175 not cheap but well established

A 92
E
90
90
T
94
94
F
92
92

DTD $581.79 M 581792360 well established

A 92
E
93
93
T
86
86
F
92
92

DGRO $1.77 B 1773551340 low fee

A 87
E
100
100
T
98
98
F
87
87

KLD $575.81 M 575813280 higher fee; well established

A 87
E
90
90
T
92
92
F
87
87

TILT $1.05 B 1047217241.1804 large asset base

A 85
E
91
91
T
93
93
F
85
85

QUAL $3.71 B 3707471050 Indexes changed September 1 2015

A 83
E
98
98
T
99
99
F
83
83

SIZE $319.92 M 319921770 low fee; decent assets

A 82
E
98
98
T
72
72
F
82
82

EUSA $132.62 M 132623660 changed indexes 9.1.2015

A 81
E
98
98
T
77
77
F
81
81

DGRW $1.57 B 1568337840 healthy AUM; middling yield

A 80
E
93
93
T
99
99
F
80
80

LRGF $480.89 M 480891960 new; trade with care

A 77
E
96
96
T
94
94
F
77
77

VIG $24.55 B 24550208412.48 Dirt cheap all in

A 74
E
99
99
T
100
100
F
74
74

MOAT $1.2 B 1195911661.35 good liquidity

A 71
E
89
89
T
97
97
F
71
71

PKW $1.32 B 1322069700 large and liquid

A 70
E
89
89
T
99
99
F
70
70

PDP $1.39 B 1386918300 solid investor interest

A 67
E
89
89
T
97
97
F
67
67

ONEQ $1.22 B 1224300000 Only includes Nasdaq listed firms

A 65
E
97
97
T
91
91
F
65
65

MTUM $3.13 B 3125082000 hefty AUM; low fee

A 56
E
98
98
T
99
99
F
56
56

USMV $13.75 B 13753664000 massive AUM for non-vanilla

A 55
E
98
98
T
100
100
F
55
55

SCHB $9.14 B 9142692516.4 Cheap, easy to trade

A 100
E
100
100
T
99
99
F
100
100

IWV $7.75 B 7748331505 large and liquid

A 100
E
98
98
T
99
99
F
100
100

IYY $1.11 B 1105575150 slightly higher costs than some

A 100
E
97
97
T
95
95
F
100
100

THRK $415.93 M 415932594.54741 for R3000, IWV far more liquid

A 100
E
97
97
T
80
80
F
100
100

VTHR $341.63 M 341630500 thin trading volume

A 100
E
96
96
T
81
81
F
100
100

VTI $80.02 B 80019683710.19 Cheap and highly liquid

A 100
E
100
100
T
100
100
F
100
100

ITOT $8.94 B 8939001260 low all in costs

A 100
E
100
100
T
97
97
F
100
100

QDF $1.72 B 1715958441.1008 strong AUM; decent liqudity

B 88
E
87
87
T
96
96
F
88
88

QUS $35.22 M 35215000 low fee

B 86
E
90
90
T
68
68
F
86
86

MMTM $20.41 M 20411428 poor trader

B 85
E
91
91
T
52
52
F
85
85

QDYN $66.04 M 66040630.0246 weak liquidity; poor tracking

B 83
E
89
89
T
69
69
F
83
83

QDEF $316.14 M 316135600.5302 Solid AUM but so-so liquidity

B 82
E
87
87
T
76
76
F
82
82

NFO $72.49 M 72489681.6 lukewarm trader

B 72
E
88
88
T
65
65
F
72
72

PFM $312.9 M 312902400 higher holding costs

B 71
E
90
90
T
79
79
F
71
71

FPX $830.72 M 830723119.96 Decent liquidity

B 67
E
86
86
T
97
97
F
67
67

KNOW $234.32 M 234319584.84 middling costs

B 67
E
85
85
T
90
90
F
67
67

PWC $141.06 M 141060150 high all in costs

B 63
E
91
91
T
66
66
F
63
63

VUSE $486.71 M 486712000 decent AUM, workable liquidity

B 61
E
85
85
T
75
75
F
61
61

BFOR $198.39 M 198394900 400 holdings equally weighted

B 55
E
85
85
T
68
68
F
55
55

EXT $64.64 M 64635375 middling liquidity

C 90
E
90
90
T
48
48
F
90
90

RFDA $38.21 M 38209106.606 N/A

C 85
E
83
83
T
67
67
F
85
85

WEXP $738.11 K 738105 N/A

C 77
E
83
83
T
51
51
F
77
77

ESGS $5.84 M 5837713.19 N/A

C 72
E
81
81
T
64
64
F
72
72

WUSA $2.14 M 2139555 N/A

C 69
E
82
82
T
38
38
F
69
69

FLLV $5.6 M 5600000 N/A

C 67
E
76
76
T
62
62
F
67
67

TTFS $140.41 M 140414350 high fee but liquid

C 65
E
77
77
T
75
75
F
65
65

TOFR $3.19 M 3188044.2 weak investor interest

C 63
E
79
79
T
53
53
F
63
63

BUZ $8.59 M 8591427.2758 N/A

C 63
E
74
74
T
64
64
F
63
63

GURU $56.4 M 56404716.64118 good liquidity

C 62
E
82
82
T
68
68
F
62
62

CSD $196.31 M 196311600 Small basket

C 62
E
72
72
T
68
68
F
62
62

DEF $175.89 M 175894100 decent assets

C 55
E
72
72
T
72
72
F
55
55

DWAQ $36.24 M 36240800 thinly traded

C 54
E
85
85
T
57
57
F
54
54

TTAC $25.87 M 25873750 N/A

C 53
E
78
78
T
68
68
F
53
53

RYJ $188.99 M 188991925.714 high fee; poor tracking

C 51
E
81
81
T
64
64
F
51
51

IPO $13.78 M 13778655 Weak trader

C 40
E
76
76
T
60
60
F
40
40

FVL $52.48 M 52478860.632 high all-in costs

C 39
E
77
77
T
63
63
F
39
39

VAMO $8.0 M 8002308.180005 new; trade with care

C 32
E
79
79
T
47
47
F
32
32

KRMA $38.54 M 38544064.093416 N/A

D 83
E
59
59
T
64
64
F
83
83

ALFA $27.79 M 27790000 very high fee

D 74
E
70
70
T
66
66
F
74
74

WMW $19.79 M 19792880 MOAT is cheaper, bigger, better

D 71
E
74
74
T
33
33
F
71
71

IBLN $14.43 M 14430000 modest investor interest

D 70
E
70
70
T
66
66
F
70
70

TUSA $10.37 M 10369859.256 high all-in costs

D 68
E
74
74
T
50
50
F
68
68

ACTX $1.51 M 1510712.1016 N/A

D 67
E
75
75
T
55
55
F
67
67

CWS $12.17 M 12166050 N/A

D 66
E
70
70
T
58
58
F
66
66

HUSE $22.07 M 22067925 Weak AUM and trading

D 58
E
64
64
T
60
60
F
58
58

ESGU $5.34 M 5341830 N/A

F 90
E
55
55
T
65
65
F
90
90

NASH $8.49 M 8491663.726696 very thin investor interest

F 33
E
69
69
T
28
28
F
33
33

CNTR $2.94 M 2943729.437 High closure risk

N/A 0
E
0
-1
T
0
-1
F
0
-1

WIL $33.69 M 33694972.15 trades poorly

N/A 0
E
0
-1
T
0
-1
F
0
-1

QVM $3.72 M 3715500 higher fee

N/A 0
E
0
-1
T
0
-1
F
0
-1

ICAN $2.58 M 2576000 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

PY $7.2 M 7197703.7907 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

SWIN $6.82 M 6822954.5832 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

DIVC $124.64 M 124640000 pays no dividends

N/A 0
E
0
-1
T
0
-1
F
0
-1

OUSA $419.23 M 419227739.6274 first launch by issuer

N/A 0
E
0
-1
T
0
-1
F
0
-1

PFV $1.4 M 1399000 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

RFFC $27.7 M 27698923.3134 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

RODI $33.58 M 33576507.72 new; trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

LVUS $3.81 M 3812250 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

UDBI $3.06 M 3064287.2 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

BOSS $2.37 M 2371417.037325 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

ETHO $16.78 M 16775000 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

BVAL $1.49 M 1487000 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

QMOM $34.38 M 34384500 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

VSMV -- N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

MILN $6.15 M 6152455.957858 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

LVHD $157.49 M 157488545 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

GVIP $31.21 M 31206500 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

ESG $8.55 M 8553792.0249 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

SQZZ $612.2 K 612197.5 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

DWTR $82.31 M 82309525.326 new, trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

JUNE $3.33 M 3328165.650012 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

DHVW $18.6 M 18596500 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

USWD $1.42 M 1420680 N/A

C 80
E
83
83
T
49
49
F
80
80

USSD $1.43 M 1431890 N/A

C 69
E
83
83
T
41
41
F
69
69

RWV $7.22 M 7220400 barely trades; tiny AUM

D 47
E
63
63
T
60
60
F
47
47

WIZE $2.5 M 2500267.08 N/A

N/A 0
E
0
-1
T
0
-1
F
0
-1

RORO $2.05 M 2050030.6 Actively Managed

C 70
E
79
79
T
54
54
F
70
70

FMLP $18.03 M 18033900 trade with care

N/A 0
E
0
-1
T
0
-1
F
0
-1

VLLV $2.57 M 2565779 new; trade with care

F 72
E
42
42
T
61
61
F
72
72

ETF.com Grade as 06/15/17

Equity: U.S. - Total Market

Performance Dispersion
Performance  [as of 06/22/17] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
Benchmark: MSCI USA Investable Markets1.77%4.05%9.03%18.75%8.58%14.48%--
A 92.792721FNDB263402747.4FNDBSchwab Fundamental US Broad Market Index ETF0.99%1.77%4.43%14.88%7.20%----
A 92.289008DSI868302175DSIiShares MSCI KLD 400 Social ETF2.36%4.69%9.81%18.15%8.70%14.77%6.94%
A 91.865569DTD581792360DTDWisdomTree Total Dividend Fund1.81%2.61%6.21%15.62%8.88%13.80%6.71%
A 86.986127DGRO1773551340DGROiShares Core Dividend Growth ETF2.40%3.82%9.71%18.80%10.16%----
A 86.774625KLD575813280KLDiShares MSCI USA ESG Select ETF2.37%5.27%12.03%20.13%9.17%14.41%6.72%
A 84.691084TILT1047217241.1804TILTFlexShares Morningstar US Market Factor Tilt Index Fund1.39%2.99%6.09%19.79%8.00%14.72%--
A 83.424773QUAL3707471050QUALiShares Edge MSCI USA Quality Factor ETF2.12%3.17%9.33%16.68%10.57%----
A 81.681998SIZE319921770SIZEiShares Edge MSCI USA Size Factor ETF2.15%4.16%9.05%16.34%9.94%----
A 81.281037EUSA132623660EUSAiShares MSCI USA Equal Weighted ETF1.83%3.88%8.40%17.51%8.54%14.47%--
A 80.152144DGRW1568337840DGRWWisdomTree US Quality Dividend Growth Fund2.77%4.89%12.13%20.54%10.52%----
A 77.205427LRGF480891960LRGFiShares Edge MSCI Multifactor USA ETF2.02%3.24%8.22%20.34%------
A 74.172997VIG24550208412.48VIGVanguard Dividend Appreciation ETF1.76%3.44%9.76%15.15%8.08%13.22%7.38%
A 70.902832MOAT1195911661.35MOATVanEck Vectors Morningstar Wide Moat ETF3.92%6.47%13.47%21.52%10.60%16.89%--
A 69.583965PKW1322069700PKWPowerShares Buyback Achievers Portfolio2.68%4.28%5.91%19.06%7.26%15.12%8.39%
A 67.175543PDP1386918300PDPPowerShares DWA Momentum Portfolio2.05%4.85%11.99%14.09%6.92%12.90%6.35%
A 64.867784ONEQ1224300000ONEQFidelity NASDAQ Composite Tracking Stock1.72%7.35%16.40%30.72%13.88%17.99%10.24%
A 55.61179MTUM3125082000MTUMiShares Edge MSCI USA Momentum Factor ETF3.09%9.39%18.78%21.44%13.63%----
A 54.971861USMV13753664000USMViShares Edge MSCI Min Vol USA ETF2.31%3.95%10.32%12.42%12.14%14.08%--
A 100SCHB9142692516.4SCHBSchwab U.S. Broad Market ETF1.84%4.27%9.22%19.48%9.14%15.12%--
A 100IWV7748331505IWViShares Russell 3000 ETF1.85%4.16%9.06%19.38%9.05%15.00%7.11%
A 100IYY1105575150IYYiShares Dow Jones U.S. ETF1.84%4.18%9.52%19.23%9.09%14.34%5.87%
A 100THRK415932594.54741THRKSPDR Russell 3000 ETF2.09%4.51%9.32%19.68%9.29%15.16%7.33%
A 100VTHR341630500VTHRVanguard Russell 3000 ETF2.12%4.28%9.08%19.47%9.12%15.02%--
A 100VTI80019683710.19VTIVanguard Total Stock Market ETF1.87%4.27%9.16%19.51%9.14%15.13%7.57%
A 100ITOT8939001260ITOTiShares Core S&P Total U.S. Stock Market ETF1.83%4.27%9.23%19.49%9.43%15.16%7.21%
B 88.137648QDF1715958441.1008QDFFlexShares Quality Dividend Index Fund1.69%1.99%5.40%16.42%8.44%----
B 86.195212QUS35215000QUSSPDR MSCI USA StrategicFactors ETF1.72%3.42%9.29%17.44%------
B 84.97141MMTM20411428MMTMSPDR S&P 1500 Momentum Tilt ETF3.95%4.69%9.73%15.43%9.40%----
B 82.902931QDYN66040630.0246QDYNFlexShares Quality Dividend Dynamic Index Fund2.04%2.00%6.29%18.90%7.12%----
B 81.951591QDEF316135600.5302QDEFFlexShares Quality Dividend Defensive Index Fund1.83%2.62%5.82%14.73%8.93%----
B 71.544143NFO72489681.6NFOGuggenheim Insider Sentiment ETF1.48%5.91%13.22%18.59%5.54%13.22%6.82%
B 71.001265PFM312902400PFMPowerShares Dividend Achievers Portfolio1.34%2.27%6.49%11.24%7.10%11.98%5.66%
B 66.610974FPX830723119.96FPXFirst Trust US Equity Opportunities ETF2.11%6.53%11.73%20.47%8.84%18.61%10.35%
B 66.501472KNOW234319584.84KNOWDirexion All Cap Insider Sentiment Shares0.45%1.99%3.78%14.38%9.63%17.70%--
B 63.068374PWC141060150PWCPowerShares Dynamic Market Portfolio1.89%4.52%6.41%20.48%6.57%15.23%6.07%
B 61.303089VUSE486712000VUSEVident Core US Equity Fund1.18%1.99%1.95%18.18%5.06%----
B 55.317226BFOR198394900BFORALPS Barron's 400 ETF1.30%4.89%7.08%24.64%7.08%----
C 89.781629EXT64635375EXTWisdomTree Total Earnings Fund1.83%3.95%8.42%21.81%8.69%14.86%7.24%
C 84.608993RFDA38209106.606RFDARiverFront Dynamic US Dividend Advantage ETF1.82%3.31%6.45%16.56%------
C 77.409049WEXP738105WEXPWisdomTree U.S. Export and Multinational Fund2.05%4.44%10.04%21.43%------
C 71.7755ESGS5837713.19ESGSColumbia Sustainable U.S. Equity Income ETF2.67%0.93%6.23%21.05%------
C 68.632912WUSA2139555WUSAWisdomTree U.S. Domestic Economy Fund3.00%-14.36%5.32%15.22%------
C 66.957175FLLV5600000FLLVFranklin Liberty U.S. Low Volatility ETF3.70%4.15%9.53%--------
C 64.551109TTFS140414350TTFSAdvisorShares Wilshire Buyback ETF1.87%1.99%3.02%18.42%9.12%16.07%--
C 63.243016TOFR3188044.2TOFRStock Split Index Fund2.33%3.02%2.77%9.37%------
C 62.598669BUZ8591427.2758BUZBUZZ US Sentiment Leaders ETF4.22%6.32%9.41%22.21%------
C 61.968366GURU56404716.64118GURUGlobal X Guru Index ETF0.49%5.73%12.07%21.69%1.44%13.60%--
C 61.604467CSD196311600CSDGuggenheim S&P Spin-Off ETF1.78%5.55%9.17%22.48%2.34%13.89%5.02%
C 55.459456DEF175894100DEFGuggenheim Defensive Equity ETF1.98%3.68%10.31%14.96%7.19%11.25%5.71%
C 53.957706DWAQ36240800DWAQPowerShares DWA NASDAQ Momentum Portfolio4.64%9.43%15.71%25.89%9.41%13.81%5.07%
C 52.601736TTAC25873750TTACTrimTabs Float Shrink ETF2.35%5.30%9.50%--------
C 50.977878RYJ188991925.714RYJGuggenheim Raymond James SB-1 Equity ETF-1.61%1.85%2.59%20.63%4.73%13.74%7.41%
C 39.566279IPO13778655IPORenaissance IPO ETF1.89%13.31%22.59%31.88%4.92%----
C 38.623173FVL52478860.632FVLFirst Trust Value Line 100 ETF0.44%1.41%-1.72%6.76%1.79%12.37%2.92%
C 31.574079VAMO8002308.180005VAMOCambria Value & Momentum ETF-0.53%0.02%-4.58%1.87%------
D 82.752834KRMA38544064.093416KRMAGlobal X Conscious Companies ETF2.26%4.99%9.76%--------
D 74.41115ALFA27790000ALFAAlphaClone Alternative Alpha ETF1.59%6.68%13.02%18.45%0.75%9.68%--
D 71.021642WMW19792880WMWElements Morningstar Wide Moat Focus Total Return Index ETN3.17%4.63%12.08%17.46%10.02%16.55%--
D 70.012796IBLN14430000IBLNDirexion iBillionaire Index ETF2.79%5.83%14.99%19.11%------
D 68.277945TUSA10369859.256TUSAFirst Trust Total US Market AlphaDEX ETF2.46%4.45%7.48%20.24%4.49%11.62%3.84%
D 67.225609ACTX1510712.1016ACTXGlobal X Guru Activist Index ETF2.19%2.60%6.50%15.65%------
D 66.099731CWS12166050CWSAdvisorShares Focused Equity ETF1.84%3.54%9.88%--------
D 57.555231HUSE22067925HUSEUS Market Rotation Strategy ETF-0.16%3.20%5.94%12.33%7.45%----
F 90.156131ESGU5341830ESGUiShares MSCI USA ESG Optimized ETF2.42%4.76%9.97%--------
F 32.986275NASH8491663.726696NASHNashville Area ETF2.16%5.01%8.01%8.70%4.30%----
N/A 0CNTR2943729.437CNTRPowerShares Contrarian Opportunities Portfolio1.44%-0.11%0.14%22.58%5.05%----
N/A 0WIL33694972.15WILBarclays Women in Leadership ETN3.44%0.20%5.23%13.69%------
N/A 0QVM3715500QVMArrow QVM Equity Factor ETF3.90%2.62%4.30%13.17%------
N/A 0ICAN2576000ICANSerenityShares IMPACT ETF2.73%------------
N/A 0PY7197703.7907PYPrincipal Shareholder Yield Index ETF2.74%1.77%3.81%18.87%------
N/A 0SWIN6822954.5832SWINALPS Dorsey Wright Sector Momentum ETF2.61%5.85%----------
N/A 0DIVC124640000DIVCC-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor2.71%0.74%4.56%25.31%------
N/A 0OUSA419227739.6274OUSAO'Shares FTSE US Quality Dividend ETF1.94%2.89%8.72%11.39%------
N/A 0PFV1399000PFVAmplify YieldShares Prime 5 Dividend ETF2.67%1.93%4.54%--------
N/A 0RFFC27698923.3134RFFCRiverFront Dynamic US Flex-Cap ETF1.80%4.03%7.86%17.46%------
N/A 0RODI33576507.72RODIBarclays Return on Disability ETN0%0%0%-0.00%------
N/A 0LVUS3812250LVUSHartford Multifactor Low Volatility US Equity ETF2.49%------------
N/A 0UDBI3064287.2UDBILegg Mason US Diversified Core ETF3.14%2.50%8.98%14.32%------
N/A 0BOSS2371417.037325BOSSGlobal X Founder-Run Companies ETF2.68%7.74%----------
N/A 0ETHO16775000ETHOEtho Climate Leadership U.S. ETF1.90%5.24%10.80%20.44%------
N/A 0BVAL1487000BVALBrand Value ETF--------------
N/A 0QMOM34384500QMOMMomentumShares U.S. Quantitative Momentum ETF1.66%2.24%3.02%9.40%------
N/A 0VSMVVSMVVictoryShares U.S. Multi-Factor Minimum Volatility ETF--------------
N/A 0MILN6152455.957858MILNGlobal X Millennials Thematic ETF1.54%7.74%12.85%16.57%------
N/A 0LVHD157488545LVHDLegg Mason Low Volatility High Dividend ETF2.35%3.06%7.89%12.74%------
N/A 0GVIP31206500GVIPGoldman Sachs Hedge Industry VIP ETF2.10%6.70%13.97%--------
N/A 0ESG8553792.0249ESGFlexShares STOXX US ESG Impact Index Fund2.01%1.69%8.85%--------
N/A 0SQZZ612197.5SQZZActive Alts Contrarian ETF-1.33%-0.57%----------
N/A 0DWTR82309525.326DWTRPowerShares DWA Tactical Sector Rotation Portfolio1.20%5.03%4.33%4.31%------
N/A 0JUNE3328165.650012JUNEDhandho Junoon ETF-0.58%-1.80%-2.15%9.50%------
N/A 0DHVW18596500DHVWDiamond Hill Valuation-Weighted 500 ETF1.96%4.42%10.90%22.26%------
C 79.79255USWD1420680USWDWisdomTree Weak Dollar US Equity Fund4.39%4.66%5.13%33.03%------
C 68.748141USSD1431890USSDWisdomTree Strong Dollar U.S. Equity Fund1.03%4.31%5.57%18.50%------
D 47.340683RWV7220400RWVOppenheimer Navellier Overall A-100 Revenue ETF4.77%2.34%3.67%4.07%6.03%11.70%--
N/A 0WIZE2500267.08WIZECrowdInvest Wisdom-1.65%2.29%----------
C 70.082878306583RORO2050030.6ROROSPDR SSgA Risk Aware ETF0.94%7.94%12.92%7.06%------
N/A 0FMLP18033900FMLPETRACS Wells Fargo MLP Ex-Energy ETN9.78%6.81%2.18%-17.52%------
F 71.579646534613VLLV2565779VLLVDirexion Value Line Conservative Equity-1.09%7.49%----------
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ETF.com Efficiency Insight

Efficiency scoring in the U.S. Total Market segment falls much as one would expect: The cheapest funds in the segment and those with the lowest turnover methodologies—generally theFund closure risk is perhaps more prevalent than one might expect vanilla cap-weighted funds—score best. This makes sense: The nonvanilla funds using quant strategies have higher turnover than their cap-weighted competitors, with rebalances that occur on a semiannual or even quarterly basis. These funds therefore face bigger tracking hurdles, as they not only charge higher expense ratios but also follow an index with more moving parts. Securities-lending revenue can partly offset the impact of such a big expense ratio, but not all funds participate, and those that do don’t necessarily share all the proceeds with investors.

Still, a fund’s expense ratio dominates tracking performance. Tracking an index tightly when you charge 70 basis points or more—as roughly 10 of the funds in the segment do—isn’t easy. On the other hand, plain-vanilla market-cap weighting strategies such as those followed by VTI, SCHB and ITOT are easy to execute and cheap to employ. These funds routinely track their indexes tightly with little volatility. Translation: investors actually realize the benefit of the funds' extremely low fees.

Fund closure risk is perhaps more prevalent than one might expect among total market US equity ETFs. (Sort the list by quickly clicking on the “fund closure risk” column header below right.) The dozen or so ETFs marked medium or high risk are not certain to close, but carry considerable risk of doing so, due to low asset bases and other factors. (Insight updated 06/23/17)

All Funds (98)

100
99.997978
100
99.928412
99
98.833541
98
98.438637
98
98.340162
98
98.263967
98
98.238587
98
97.954173
98
97.926105
97
97.253044
97
96.997076
97
96.787267
96
96.369716
96
96.296663
96
95.628355
93
92.919705
93
92.570125
91
91.470669
91
90.660871
91
90.529975
90
90.309476
90
90.059383
90
90.013962
90
89.903019
90
89.843128
89
89.262888
89
88.640748
89
88.556822
89
88.505462
88
87.666944
87
87.150469
87
87.100831
86
86.355558
85
85.264405
85
85.189547
85
84.91606
85
84.799456
83
82.823154
83
82.580604
82
82.458132
82
81.893652
81
81.291078
81
81.088615
79
78.609591
79
78.541586
78
77.730175
77
77.251501
77
76.66719
76
76.395731
76
76.121157
75
74.50135
74
74.322091
74
74.071285
74
73.761953
72
72.099335
72
71.591269
70
70.426073
70
70.186432
70
69.877163
69
68.942846
64
64.101315
59
58.833753
55
55.109459
100
100
100
100
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
83
83.484727
83
82.709715
63
62.791932
N/A
0
79
78.949333597957
N/A
0
42
41.914758867343

ETF.com Grade as 06/15/17

Equity: U.S. - Total Market

Tracking Difference (12 Month)

Ticker Expense Ratio Median Max. Upside Max. Downside Max LT/ST Cap Gains Rate Rule Legal Structure Fund Closure Risk Efficiency
QMOM MomentumShares U.S. Quantitative Momentum ETF 0.79% -- -- -- 20.00% / 39.60% Medium 0
DGRO iShares Core Dividend Growth ETF 0.08% -0.07% -0.04% -0.15% 20.00% / 39.60% Low 99.997978
PFM PowerShares Dividend Achievers Portfolio 0.55% -0.62% -0.56% -0.67% 20.00% / 39.60% Low 89.843128
KRMA Global X Conscious Companies ETF 0.43% -- -- -- 20.00% / 39.60% High 58.833753
FNDB Schwab Fundamental US Broad Market Index ETF 0.25% -0.33% -0.22% -0.40% 20.00% / 39.60% Low 95.628355
WUSA WisdomTree U.S. Domestic Economy Fund 0.33% 0.11% 0.28% -0.01% 20.00% / 39.60% High 81.893652
KNOW Direxion All Cap Insider Sentiment Shares 0.65% 1.22% 1.49% 1.02% 20.00% / 39.60% Low 84.799456
LVHD Legg Mason Low Volatility High Dividend ETF 0.30% -- -- -- 20.00% / 39.60% Low 0
DGRW WisdomTree US Quality Dividend Growth Fund 0.28% -0.33% -0.18% -0.51% 20.00% / 39.60% Low 92.919705
PKW PowerShares Buyback Achievers Portfolio 0.63% -0.74% -0.56% -0.88% 20.00% / 39.60% Low 88.505462
ESG FlexShares STOXX US ESG Impact Index Fund 0.32% -- -- -- 20.00% / 39.60% High 0
FPX First Trust US Equity Opportunities ETF 0.60% -0.70% -0.60% -0.77% 20.00% / 39.60% Low 86.355558
RYJ Guggenheim Raymond James SB-1 Equity ETF 0.75% -0.76% -0.55% -1.02% 20.00% / 39.60% Low 81.291078
VAMO Cambria Value & Momentum ETF 0.59% -- -- -- 20.00% / 39.60% High 78.609591
SQZZ Active Alts Contrarian ETF 1.95% -- -- -- 20.00% / 39.60% Low 0
LRGF iShares Edge MSCI Multifactor USA ETF 0.20% -0.30% -0.22% -0.43% 20.00% / 39.60% Low 96.296663
JUNE Dhandho Junoon ETF 0.75% -- -- -- 20.00% / 39.60% Closing 0
DHVW Diamond Hill Valuation-Weighted 500 ETF 0.10% -- -- -- 20.00% / 39.60% High 0
PWC PowerShares Dynamic Market Portfolio 0.60% -0.81% -0.63% -1.00% 20.00% / 39.60% Low 90.660871
CWS AdvisorShares Focused Equity ETF 0.75% -- -- -- 20.00% / 39.60% High 70.186432
FVL First Trust Value Line 100 ETF 0.70% -1.14% -0.45% -1.43% 20.00% / 39.60% Medium 77.251501
SCHB Schwab U.S. Broad Market ETF 0.03% -0.06% 0.01% -0.13% 20.00% / 39.60% Low 100
VIG Vanguard Dividend Appreciation ETF 0.08% -0.09% -0.04% -0.14% 20.00% / 39.60% Low 98.833541
ICAN SerenityShares IMPACT ETF 0.50% -- -- -- 20.00% / 39.60% Low 0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.12% -0.05% 0.05% -0.13% 20.00% / 39.60% High 90.529975
PY Principal Shareholder Yield Index ETF 0.40% -- -- -- 20.00% / 39.60% High 0
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor 0.70% -0.54% -0.30% -0.71% 20.00% / 39.60% Low 0
QDEF FlexShares Quality Dividend Defensive Index Fund 0.37% -0.56% -0.18% -1.03% 20.00% / 39.60% Low 87.100831
PFV Amplify YieldShares Prime 5 Dividend ETF 0.49% -- -- -- 20.00% / 39.60% High 0
GURU Global X Guru Index ETF 0.75% -0.13% 0.00% -0.38% 20.00% / 39.60% Medium 82.458132
SIZE iShares Edge MSCI USA Size Factor ETF 0.15% -0.16% -0.09% -0.23% 20.00% / 39.60% Low 98.238587
LVUS Hartford Multifactor Low Volatility US Equity ETF 0.29% -- -- -- 20.00% / 39.60% Low 0
MOAT VanEck Vectors Morningstar Wide Moat ETF 0.49% -0.68% -0.57% -0.78% 20.00% / 39.60% Low 89.262888
UDBI Legg Mason US Diversified Core ETF 0.30% -- -- -- 20.00% / 39.60% High 0
DSI iShares MSCI KLD 400 Social ETF 0.50% -0.59% -0.46% -0.69% 20.00% / 39.60% Low 90.309476
QDF FlexShares Quality Dividend Index Fund 0.37% -0.57% -0.26% -0.85% 20.00% / 39.60% Low 87.150469
FLLV Franklin Liberty U.S. Low Volatility ETF 0.50% -- -- -- 20.00% / 39.60% High 76.121157
HUSE US Market Rotation Strategy ETF 1.07% -- -- -- 20.00% / 39.60% High 64.101315
THRK SPDR Russell 3000 ETF 0.10% 0.04% 0.18% -0.15% 20.00% / 39.60% Low 96.997076
VTHR Vanguard Russell 3000 ETF 0.15% -0.24% -0.12% -0.38% 20.00% / 39.60% Low 96.369716
ACTX Global X Guru Activist Index ETF 0.75% -0.33% -0.20% -0.51% 20.00% / 39.60% High 74.50135
BVAL Brand Value ETF 0.65% -- -- -- 20.00% / 39.60% Low 0
MTUM iShares Edge MSCI USA Momentum Factor ETF 0.15% -0.23% -0.15% -0.30% 20.00% / 39.60% Low 98.438637
BUZ BUZZ US Sentiment Leaders ETF 0.75% -- -- -- 20.00% / 39.60% High 74.071285
DTD WisdomTree Total Dividend Fund 0.28% -0.35% -0.25% -0.60% 20.00% / 39.60% Low 92.570125
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.37% -0.45% -0.27% -0.58% 20.00% / 39.60% Low 88.556822
TTAC TrimTabs Float Shrink ETF 0.59% -- -- -- 20.00% / 39.60% Medium 77.730175
IBLN Direxion iBillionaire Index ETF 0.65% -0.81% -0.37% -1.25% 20.00% / 39.60% High 70.426073
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.25% -0.20% 0.03% -0.52% 20.00% / 39.60% Low 91.470669
VTI Vanguard Total Stock Market ETF 0.04% -0.01% 0.01% -0.03% 20.00% / 39.60% Low 99.928412
ALFA AlphaClone Alternative Alpha ETF 0.95% -0.78% -0.36% -1.27% 20.00% / 39.60% High 69.877163
VSMV VictoryShares U.S. Multi-Factor Minimum Volatility ETF 0.35% -- -- -- 20.00% / 39.60% Low 0
NASH Nashville Area ETF 0.49% 0.79% 1.60% -0.19% 20.00% / 39.60% High 68.942846
MILN Global X Millennials Thematic ETF 0.50% -- -- -- 20.00% / 39.60% High 0
DWAQ PowerShares DWA NASDAQ Momentum Portfolio 0.60% -0.71% -0.59% -0.81% 20.00% / 39.60% High 84.91606
QUAL iShares Edge MSCI USA Quality Factor ETF 0.15% -0.19% -0.12% -0.24% 20.00% / 39.60% Low 97.926105
GVIP Goldman Sachs Hedge Industry VIP ETF 0.45% -- -- -- 20.00% / 39.60% Medium 0
IPO Renaissance IPO ETF 0.60% 0.11% 1.12% -0.53% 20.00% / 39.60% High 76.395731
TOFR Stock Split Index Fund 0.55% -0.69% -0.56% -0.91% 20.00% / 39.60% High 78.541586
VUSE Vident Core US Equity Fund 0.55% 0.29% 0.42% -0.06% 20.00% / 39.60% Low 85.264405
BFOR ALPS Barron's 400 ETF 0.65% -0.64% -0.55% -0.78% 20.00% / 39.60% Low 85.189547
NFO Guggenheim Insider Sentiment ETF 0.67% -0.40% -0.33% -0.56% 20.00% / 39.60% Low 87.666944
DWTR PowerShares DWA Tactical Sector Rotation Portfolio 0.75% -- -- -- 20.00% / 39.60% Low 0
QUS SPDR MSCI USA StrategicFactors ETF 0.15% -0.07% -0.04% -0.15% 20.00% / 39.60% High 89.903019
ESGU iShares MSCI USA ESG Optimized ETF 0.28% -- -- -- 20.00% / 39.60% High 55.109459
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.03% -0.46% 0.73% -0.98% 20.00% / 39.60% Low 100
TTFS AdvisorShares Wilshire Buyback ETF 0.90% -- -- -- 20.00% / 39.60% Low 76.66719
WIL Barclays Women in Leadership ETN 0.45% -- -- -- 20.00% / 39.60% High 0
CNTR PowerShares Contrarian Opportunities Portfolio 0.35% -- -- -- 20.00% / 39.60% High 0
ONEQ Fidelity NASDAQ Composite Tracking Stock 0.21% 0.03% 0.10% -0.29% 20.00% / 39.60% Low 96.787267
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.52% -- -- -- 20.00% / 39.60% High 82.580604
EUSA iShares MSCI USA Equal Weighted ETF 0.15% -0.19% -0.06% -0.28% 20.00% / 39.60% Low 98.263967
QVM Arrow QVM Equity Factor ETF 0.65% -- -- -- 20.00% / 39.60% High 0
SWIN ALPS Dorsey Wright Sector Momentum ETF 0.40% -- -- -- 20.00% / 39.60% Low 0
IWV iShares Russell 3000 ETF 0.20% -0.18% -0.13% -0.23% 20.00% / 39.60% Low 98.340162
TUSA First Trust Total US Market AlphaDEX ETF 0.70% -0.88% -0.70% -1.11% 20.00% / 39.60% High 73.761953
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN 0.75% -0.97% -0.80% -1.13% 20.00% / 39.60% High 74.322091
CSD Guggenheim S&P Spin-Off ETF 0.65% 1.19% 1.90% -0.67% 20.00% / 39.60% Low 72.099335
OUSA O'Shares FTSE US Quality Dividend ETF 0.48% -- -- -- 20.00% / 39.60% Low 0
RFFC RiverFront Dynamic US Flex-Cap ETF 0.52% -- -- -- 20.00% / 39.60% High 0
EXT WisdomTree Total Earnings Fund 0.28% -0.53% -0.21% -1.03% 20.00% / 39.60% Medium 90.013962
RODI Barclays Return on Disability ETN 0.45% -0.51% -0.42% -0.61% 20.00% / 39.60% High 0
USMV iShares Edge MSCI Min Vol USA ETF 0.15% -0.18% -0.13% -0.20% 20.00% / 39.60% Low 97.954173
BOSS Global X Founder-Run Companies ETF 0.65% -- -- -- 20.00% / 39.60% Low 0
IYY iShares Dow Jones U.S. ETF 0.20% -0.23% -0.11% -0.31% 20.00% / 39.60% Low 97.253044
ETHO Etho Climate Leadership U.S. ETF 0.49% -- -- -- 20.00% / 39.60% High 0
DEF Guggenheim Defensive Equity ETF 0.60% -0.58% -0.41% -1.72% 20.00% / 39.60% Low 71.591269
PDP PowerShares DWA Momentum Portfolio 0.64% -0.72% -0.63% -0.84% 20.00% / 39.60% Low 88.640748
ESGS Columbia Sustainable U.S. Equity Income ETF 0.35% -- -- -- 20.00% / 39.60% High 81.088615
WEXP WisdomTree U.S. Export and Multinational Fund 0.33% 0.32% 0.36% 0.20% 20.00% / 39.60% High 82.823154
KLD iShares MSCI USA ESG Select ETF 0.50% -0.61% -0.48% -0.71% 20.00% / 39.60% Low 90.059383
USWD WisdomTree Weak Dollar US Equity Fund 0.31% 0.35% 0.20% 20.00% / 39.60% High 83.484727
USSD WisdomTree Strong Dollar U.S. Equity Fund 0.13% 0.28% -0.01% 20.00% / 39.60% High 82.709715
RWV Oppenheimer Navellier Overall A-100 Revenue ETF -0.97% -0.46% -1.98% 20.00% / 39.60% Closing 62.791932
WIZE CrowdInvest Wisdom -- -- -- -- / -- Closing 0
RORO SPDR SSgA Risk Aware ETF -- -- -- 20.00% / 39.60% Closing 78.949333597957
FMLP ETRACS Wells Fargo MLP Ex-Energy ETN -- -- -- 20.00% / 39.60% Closing 0
VLLV Direxion Value Line Conservative Equity -- -- -- 20.00% / 39.60% High 41.914758867343

ETF.com Tradability Insight

Even a segment filled with contrasts, the disparity in funds’ Tradability stands out. The most liquid ETFs in the segment trade tens of millions of dollars daily, while some fundsVTI is far and away the best choice for active traders don’t trade a single share. Trading volume roughly correlates with bid-ask spreads, which directly affect profit and loss.

IWV, SCHB, USMV and especially VTI stand out within the segment for excellent Tradability. Investors of all sizes can trade all 4 funds easily at spreads of 3 basis points on average or better, with deep on-screen liquidity. Among these, VTI’s ~$350 million in daily volume and tiny spreads make it far and away the best choice for active traders. None of this is a slight to PKW, ITOT, PDP or MOAT, which can all be traded easily by institutions and retail investors alike, albeit at slightly wider spreads.

Still, investors can't assume that all funds in this broad segment have such solid liquidity. For the funds at the other end of the liquidity spectrum, like RWV, trades must be placed with great care. Use limit orders and consult iNAV before trading. A low tradability score (<70) indicates that extra vigilance is needed. Even some funds with higher scores, tighter spreads and stronger volumes suffer by comparison with the segment's liquidity leaders. Such is the case for lukewarm traders VTHR and THRK compared with trading juggernaut IWV, all of which track the same Russell 3000 index.

Institutional investors can trade in large blocks on strong underlying liquidity without paying a premium for most, but not all, segment funds. The quickest reference is the block liquidity graphics at the bottom of this page, as well as the underlying volume per unit column header. (Insight updated 06/23/17)

All Funds (98)

100
99.779394
100
99.592333
100
99.516897
99
99.289571
99
99.254689
99
99.089199
99
98.912498
99
98.851537
99
98.778144
98
98.485781
97
97.364925
97
97.264222
97
97.23238
97
96.945061
96
95.556747
95
95.011597
94
94.402999
94
93.943679
93
93.085729
92
91.590833
91
90.927764
90
89.724639
86
86.213682
86
85.952568
81
80.529332
80
79.904648
79
79.032836
77
76.744211
76
76.214693
75
74.749264
75
74.732433
72
72.040959
72
71.84244
69
69.005683
68
68.47337
68
68.355354
68
67.864304
68
67.691449
68
67.627179
67
66.527646
66
66.45473
66
66.235649
66
65.522662
65
65.222094
65
64.641842
64
63.9389
64
63.788783
64
63.750657
64
63.73719
63
62.626758
62
62.144066
60
59.567398
60
59.551978
58
58.280507
57
56.772588
55
55.405893
53
53.124797
52
52.138509
51
51.092416
50
49.979743
48
48.205388
47
47.150658
38
38.155964
33
33.382873
28
28.141215
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
49
48.789626
41
40.938751
60
60.430399
N/A
0
54
53.619697855977
N/A
0
61
61.427220505174

ETF.com Grade as 06/15/17

Equity: U.S. - Total Market

Ticker Median Daily Volume ($) Average Spread Creation Unit/Day Market Hours Overlap Underlying Volume/Unit % Creation Cost Per Unit (%) Impediment to Creations Score - Tradability
BUZ BUZZ US Sentiment Leaders ETF $13.83 K 0.20% 0.01 100.00% 0.01% 0.03% None 63.9389
WEXP WisdomTree U.S. Export and Multinational Fund $0 0.62% 0.00 100.00% 0.01% 0.09% None 51.092416
DTD WisdomTree Total Dividend Fund $812.93 K 0.15% 0.19 100.00% 0.01% 0.06% None 85.952568
KLD iShares MSCI USA ESG Select ETF $1.38 M 0.16% 0.27 100.00% 0.04% 0.01% None 91.590833
QDYN FlexShares Quality Dividend Dynamic Index Fund $128.78 K 0.13% 0.06 100.00% 0.02% 0.04% None 69.005683
MILN Global X Millennials Thematic ETF $86.07 K 0.31% 0.10 100.00% 0.01% 0.09% None 0
WUSA WisdomTree U.S. Domestic Economy Fund $0 1.83% 0 100.00% 0.00% 0.09% None 38.155964
DWAQ PowerShares DWA NASDAQ Momentum Portfolio $46.27 K 0.35% 0.01 99.00% 0.33% 0.01% None 56.772588
KNOW Direxion All Cap Insider Sentiment Shares $1.03 M 0.11% 0.41 100.00% 0.11% 0.03% None 89.724639
QUAL iShares Edge MSCI USA Quality Factor ETF $9.96 M 0.03% 2.71 100.00% 0.02% 0.01% None 99.254689
SQZZ Active Alts Contrarian ETF $4.94 K 0.80% 0.00 100.00% 0.11% 0.04% None 0
DWTR PowerShares DWA Tactical Sector Rotation Portfolio $486.5 K 0.35% 0.39 100.00% 101.50% 0.04% None 0
LRGF iShares Edge MSCI Multifactor USA ETF $1.43 M 0.18% 0.99 100.00% 0.01% 0.03% None 93.943679
QUS SPDR MSCI USA StrategicFactors ETF $85.24 K 0.14% 0.02 100.00% 0.01% 0.04% None 67.864304
VAMO Cambria Value & Momentum ETF $33.02 K 0.70% 0.03 99.00% 0.18% 0.06% None 47.150658
RFDA RiverFront Dynamic US Dividend Advantage ETF $210.11 K 0.29% 0.15 100.00% 0.02% 0.04% None 66.527646
ICAN SerenityShares IMPACT ETF $40.58 K 0.41% 0.03 -- -- 0.04% None 0
EUSA iShares MSCI USA Equal Weighted ETF $341.61 K 0.06% 0.13 100.00% 0.00% 0.06% None 76.744211
MMTM SPDR S&P 1500 Momentum Tilt ETF $34.91 K 0.59% 0.00 100.00% 0.01% 0.06% None 52.138509
QVM Arrow QVM Equity Factor ETF $0 0.35% 0 100.00% 0.13% 0.04% None 0
VIG Vanguard Dividend Appreciation ETF $49.48 M 0.01% 21.17 100.00% 0.02% 0.01% None 99.592333
RFFC RiverFront Dynamic US Flex-Cap ETF $197.61 K 0.39% 0.14 100.00% 0.02% 0.03% None 0
LVUS Hartford Multifactor Low Volatility US Equity ETF $0 0.22% 0 100.00% -- 0.06% None 0
EXT WisdomTree Total Earnings Fund $68.4 K 0.70% 0.01 100.00% 0.01% 0.07% None 48.205388
MOAT VanEck Vectors Morningstar Wide Moat ETF $3.7 M 0.08% 1.90 100.00% 0.03% 0.03% None 97.264222
RODI Barclays Return on Disability ETN $0 7.52% 0 -- -- 0% None 0
ESGS Columbia Sustainable U.S. Equity Income ETF $6.17 K 0.21% 0.00 100.00% 0.01% 0.03% None 63.788783
ACTX Global X Guru Activist Index ETF $10.57 K 0.47% 0.00 100.00% 0.02% 0.07% None 55.405893
BVAL Brand Value ETF $20.93 K 0.35% 0.04 -- -- 0.03% None 0
MTUM iShares Edge MSCI USA Momentum Factor ETF $20.16 M 0.03% 4.71 100.00% 0.02% 0.01% None 99.289571
VTHR Vanguard Russell 3000 ETF $564.83 K 0.06% 0.21 100.00% 0.00% 0.07% None 80.529332
KRMA Global X Conscious Companies ETF $52.81 K 0.24% 0.06 100.00% 0.01% 0.09% None 63.750657
ALFA AlphaClone Alternative Alpha ETF $62.51 K 0.16% 0.03 100.00% 0.16% 0.01% None 65.522662
VSMV VictoryShares U.S. Multi-Factor Minimum Volatility ETF -- 0.22% 0.05 -- -- 0.02% None 0
FNDB Schwab Fundamental US Broad Market Index ETF $714.3 K 0.15% 0.42 100.00% 0.00% 0.06% None 86.213682
NASH Nashville Area ETF $0 0.87% 0.00 100.00% 1.28% 0.04% None 28.141215
VTI Vanguard Total Stock Market ETF $229.16 M 0.01% 18.44 100.00% 0.01% 0.00% None 99.779394
ESG FlexShares STOXX US ESG Impact Index Fund $19.11 K 0.15% 0.00 100.00% 0.01% 0.03% None 0
BFOR ALPS Barron's 400 ETF $254.7 K 0.25% 0.14 100.00% 0.05% 0.03% None 68.47337
FPX First Trust US Equity Opportunities ETF $2.71 M 0.06% 0.92 99.00% 0.09% 0.02% None 96.945061
NFO Guggenheim Insider Sentiment ETF $107.9 K 0.25% 0.04 100.00% 0.07% 0.02% None 64.641842
RYJ Guggenheim Raymond James SB-1 Equity ETF $259.89 K 0.34% 0.13 99.00% 0.18% 0.05% None 63.73719
VUSE Vident Core US Equity Fund $490.65 K 0.30% 0.17 99.00% 0.05% 0.03% None 74.749264
CWS AdvisorShares Focused Equity ETF $50.29 K 0.40% 0.05 100.00% 0.06% 0.07% None 58.280507
CNTR PowerShares Contrarian Opportunities Portfolio $0 0.25% 0.00 100.00% 0.16% 0.03% None 0
FVL First Trust Value Line 100 ETF $67.72 K 0.24% 0.06 99.00% 0.12% 0.05% None 62.626758
ONEQ Fidelity NASDAQ Composite Tracking Stock $7.73 M 0.16% 0.32 99.00% 0.07% 0.02% None 90.927764
SCHB Schwab U.S. Broad Market ETF $22.11 M 0.03% 7.65 100.00% 0.00% 0.05% None 98.778144
WIL Barclays Women in Leadership ETN $6.27 K 0.42% 0.00 -- -- 0% None 0
PFV Amplify YieldShares Prime 5 Dividend ETF $2.79 K 3.07% 0.00 100.00% 2.31% 0.04% None 0
CSD Guggenheim S&P Spin-Off ETF $389.99 K 0.38% 0.17 99.00% 0.12% 0.02% None 67.691449
GURU Global X Guru Index ETF $219.5 K 0.24% 0.17 100.00% 0.03% 0.02% None 68.355354
OUSA O'Shares FTSE US Quality Dividend ETF $1.38 M 0.09% 0.93 100.00% 0.01% 0.03% None 0
SIZE iShares Edge MSCI USA Size Factor ETF $312.72 K 0.18% 0.08 100.00% 0.01% 0.04% None 71.84244
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN $35.85 K 2.54% 0.00 100.00% -- 0% Potential 33.382873
FLLV Franklin Liberty U.S. Low Volatility ETF $0 0.26% 0.00 100.00% 0.04% 0.02% None 62.144066
DEF Guggenheim Defensive Equity ETF $258.62 K 0.16% 0.12 100.00% 0.02% 0.02% None 72.040959
HUSE US Market Rotation Strategy ETF $77.67 K 0.32% 0.08 100.00% 0.14% 0.03% None 59.551978
PDP PowerShares DWA Momentum Portfolio $3.55 M 0.07% 1.52 100.00% 0.06% 0.02% None 97.364925
THRK SPDR Russell 3000 ETF $665.03 K 0.34% 0.07 100.00% 0.01% 0.03% None 79.904648
ETHO Etho Climate Leadership U.S. ETF $68.31 K 0.51% 0.04 100.00% 0.01% 0.05% None 0
TTAC TrimTabs Float Shrink ETF $116.57 K 0.18% 0.16 100.00% 0.02% 0.07% None 67.627179
DGRO iShares Core Dividend Growth ETF $9.72 M 0.04% 6.37 100.00% 0.00% 0.05% None 98.485781
IBLN Direxion iBillionaire Index ETF $33.1 K 0.16% 0.02 100.00% 0.01% 0.02% None 66.235649
PFM PowerShares Dividend Achievers Portfolio $472.7 K 0.14% 0.39 100.00% 0.00% 0.04% None 79.032836
TILT FlexShares Morningstar US Market Factor Tilt Index Fund $1.36 M 0.11% 0.27 100.00% 0.01% 0.03% None 93.085729
QMOM MomentumShares U.S. Quantitative Momentum ETF $52.42 K 0.19% 0.03 100.00% 0.06% 0.02% None 0
GVIP Goldman Sachs Hedge Industry VIP ETF $258.68 K 0.16% 0.11 100.00% 0.02% 0.01% None 0
DGRW WisdomTree US Quality Dividend Growth Fund $4.07 M 0.04% 2.24 100.00% 0.01% 0.03% None 98.912498
IPO Renaissance IPO ETF $95.29 K 0.34% 0.08 100.00% 0.22% 0.04% None 59.567398
PKW PowerShares Buyback Achievers Portfolio $3.37 M 0.04% 1.27 100.00% 0.02% 0.02% None 98.851537
TOFR Stock Split Index Fund $3.67 K 0.37% 0.00 100.00% 0.45% 0.04% None 53.124797
LVHD Legg Mason Low Volatility High Dividend ETF $881.67 K 0.14% 0.58 100.00% 0.02% 0.02% None 0
ESGU iShares MSCI USA ESG Optimized ETF $13.39 K 0.16% 0.00 100.00% 0.00% 0.03% None 65.222094
DHVW Diamond Hill Valuation-Weighted 500 ETF $158.11 K 0.08% 0.11 100.00% 0.00% 0.04% None 0
ITOT iShares Core S&P Total U.S. Stock Market ETF $28.5 M 0.04% 10.35 100.00% 0.00% 0.11% None 97.23238
PWC PowerShares Dynamic Market Portfolio $110.67 K 0.17% 0.03 100.00% 0.14% 0.01% None 66.45473
TTFS AdvisorShares Wilshire Buyback ETF $376.72 K 0.18% 0.23 100.00% 0.04% 0.03% None 74.732433
JUNE Dhandho Junoon ETF $15.82 K 0.54% 0.02 100.00% 0.09% 0.08% None 0
SWIN ALPS Dorsey Wright Sector Momentum ETF $40.18 K 0.27% 0.03 100.00% 0.03% 0.04% None 0
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor $0 0.27% 0 -- -- 0.10% Potential 0
IWV iShares Russell 3000 ETF $17.52 M 0.02% 2.43 100.00% 0.01% 0.04% None 99.089199
QDEF FlexShares Quality Dividend Defensive Index Fund $369.89 K 0.13% 0.18 100.00% 0.03% 0.04% None 76.214693
TUSA First Trust Total US Market AlphaDEX ETF $27.9 K 0.69% 0.02 100.00% 0.00% 0.03% None 49.979743
PY Principal Shareholder Yield Index ETF $0 0.40% 0.00 100.00% 0.02% 0.03% None 0
BOSS Global X Founder-Run Companies ETF $9.95 K 0.66% 0.01 100.00% 0.02% 0.09% None 0
DSI iShares MSCI KLD 400 Social ETF $2.18 M 0.09% 0.49 100.00% 0.01% 0.02% None 94.402999
IYY iShares Dow Jones U.S. ETF $1.89 M 0.04% 0.32 100.00% 0.01% 0.05% None 95.011597
QDF FlexShares Quality Dividend Index Fund $2.63 M 0.13% 1.29 100.00% 0.03% 0.04% None 95.556747
USMV iShares Edge MSCI Min Vol USA ETF $63.3 M 0.02% 12.80 100.00% 0.03% 0.01% None 99.516897
UDBI Legg Mason US Diversified Core ETF $0 0.18% 0 100.00% 0.01% 0.05% None 0
USSD WisdomTree Strong Dollar U.S. Equity Fund $16.8 K 0.01 100.00% 0.01% 0.05% None 40.938751
USWD WisdomTree Weak Dollar US Equity Fund $0 0 100.00% 0.01% 0.05% None 48.789626
RWV Oppenheimer Navellier Overall A-100 Revenue ETF $4.67 K 0.00 100.00% 0.16% 0.02% None 60.430399
WIZE CrowdInvest Wisdom $0 0.00 100.00% 0% -- None 0
RORO SPDR SSgA Risk Aware ETF $4.1 K 0.00 100.00% 0.00% 0.03% None 53.619697855977
FMLP ETRACS Wells Fargo MLP Ex-Energy ETN $0 0.00 100.00% -- 0.13% Potential 0
VLLV Direxion Value Line Conservative Equity $0 0.00 100.00% 0.02% 0.06% None 61.427220505174

ETF.com/ Block Liquidity

TTAC
5
4
3
2
1
TILT
5
4
3
2
1
IBLN
5
4
3
2
1
GVIP
5
4
3
2
1
ESGU
5
4
3
2
1
TTFS
5
4
3
2
1
ITOT
5
4
3
2
1
TUSA
5
4
3
2
1
IWV
5
4
3
2
1
USMV
5
4
3
2
1
IYY
5
4
3
2
1
KLD
5
4
3
2
1
KNOW
5
4
3
2
1
LRGF
5
4
3
2
1
VIG
5
4
3
2
1
MMTM
5
4
3
2
1
MOAT
5
4
3
2
1
VTHR
5
4
3
2
1
MTUM
5
4
3
2
1
VTI
5
4
3
2
1
BFOR
5
4
3
2
1
VUSE
5
4
3
2
1
NFO
5
4
3
2
1
ONEQ
5
4
3
2
1
CSD
5
4
3
2
1
OUSA
5
4
3
2
1
DEF
5
4
3
2
1
ETHO
5
4
3
2
1
PDP
5
4
3
2
1
PFM
5
4
3
2
1
DGRO
5
4
3
2
1
PKW
5
4
3
2
1
DGRW
5
4
3
2
1
LVHD
5
4
3
2
1
PWC
5
4
3
2
1
DHVW
5
4
3
2
1
QDEF
5
4
3
2
1
QDF
5
4
3
2
1
DSI
5
4
3
2
1
QDYN
5
4
3
2
1
DTD
5
4
3
2
1
QUAL
5
4
3
2
1
MILN
5
4
3
2
1
QUS
5
4
3
2
1
EUSA
5
4
3
2
1
RFDA
5
4
3
2
1
EXT
5
4
3
2
1
RFFC
5
4
3
2
1
KRMA
5
4
3
2
1
FNDB
5
4
3
2
1
ESG
5
4
3
2
1
FPX
5
4
3
2
1
SCHB
5
4
3
2
1
SIZE
5
4
3
2
1
GURU
5
4
3
2
1
THRK
5
4
3
2
1
IPO
5
4
3
2
1
SWIN
5
4
3
2
1
BOSS
5
4
3
2
1
WEXP
5
4
3
2
1
WUSA
5
4
3
2
1
SQZZ
5
4
3
2
1
VAMO
5
4
3
2
1
ACTX
5
4
3
2
1
ALFA
5
4
3
2
1
CNTR
5
4
3
2
1
QMOM
5
4
3
2
1
JUNE
5
4
3
2
1
PY
5
4
3
2
1
UDBI
5
4
3
2
1
BUZ
5
4
3
2
1
DWAQ
5
4
3
2
1
QVM
5
4
3
2
1
ESGS
5
4
3
2
1
RYJ
5
4
3
2
1
CWS
5
4
3
2
1
FVL
5
4
3
2
1
FLLV
5
4
3
2
1
HUSE
5
4
3
2
1
TOFR
5
4
3
2
1
NASH
5
4
3
2
1
DWTR
5
4
3
2
1
PFV
5
4
3
2
1
WMW
5
4
3
2
1
DIVC
5
4
3
2
1
ICAN
5
4
3
2
1
LVUS
5
4
3
2
1
BVAL
5
4
3
2
1
VSMV
5
4
3
2
1
WIL
5
4
3
2
1
RODI
5
4
3
2
1
USSD
5
4
3
2
1
USWD
5
4
3
2
1
RWV
5
4
3
2
1
WIZE
5
4
3
2
1
RORO
5
4
3
2
1
FMLP
5
4
3
2
1
VLLV
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The total US equity market is so thoroughly dominated by large-cap firms like Exxon and Apple that any of the broad cap-weighted funds, regardless of the number of stocks in their indexbroad cap-weighted funds tend to provide nearly equivalent exposure tend to provide nearly equivalent exposure to the segment. This holds true more so here in the total market segment than in large-, mid- and small-cap segments since there are no size boundaries to be drawn, except at the very bottom, where the smallest firms are many in number but carry little impact in cap-weighted indexes.

As a result, industry, size, style and market risk tilts tend to be muted among the funds tracking broad, market-cap-weighted indexes. This makes for very tight Fit scoring among these funds because they tend to match each other as they match the market. Therefore, funds tracking different cap-weighted indexes, whether SCHB’s Dow Jones index, VTI’s CRSP index or IWV’s Russell 3000 all provide excellent and largely indistinguishable exposure.

The same cannot be said, however, for the funds making a conscious effort to deviate from the neutral market. Even funds with similar themes can differ substantially from each other and from the market. As an example, MMTM and DWAQ each provide momentum-based exposure, yet DWAQ is far more aggressive, making significantly larger sector bets and taking much more market risk. The fund’s Fit scores are the quickest way to check at a glance how much they vary from the market.

So how does an investor wade through the dozens of ETFs in the segment? Try using the sortable columns in the table below. Clicking on “Weighting” or Selection” will quickly sort the like-minded funds, whether principles-based funds like DSI or dividend plays such as DTD. Investors looking for a bit more income can sort by yield, while those with a style preference can sort by P/E and P/B. The sector tab at the bottom of this page quickly highlights where funds are placing their bets from an industry point of view. These sortable columns show the incredible range by sector, such as NASH’s 0% versus ONEQ’s 40% in tech.

In the end, investors looking for broad exposure (as found in market-cap-weighted funds) can choose from many ETFs with nearly identical exposure, which means Efficiency and Tradability should loom larger in their decision-making. Fit plays a more important role for investors wanting to diverge from the market portfolio by following nuanced strategies, targeting specific exchanges, or weighting on factors other than market cap. For these investors, the holdings and performance analysis of the portfolio that flows from the fund’s strategy offers perhaps the best insight into risk-and-return going forward. (Insight updated 06/23/17)

All Funds (98)

93
92.792721
92
92.289008
92
91.865569
90
90.156131
90
89.781629
88
88.137648
87
86.986127
87
86.774625
86
86.195212
85
84.97141
85
84.691084
85
84.608993
83
83.424773
83
82.902931
83
82.752834
82
81.951591
82
81.681998
81
81.281037
80
80.152144
77
77.409049
77
77.205427
74
74.41115
74
74.172997
72
71.7755
72
71.544143
71
71.021642
71
71.001265
71
70.902832
70
70.012796
70
69.583965
69
68.632912
68
68.277945
67
67.225609
67
67.175543
67
66.957175
67
66.610974
67
66.501472
66
66.099731
65
64.867784
65
64.551109
63
63.243016
63
63.068374
63
62.598669
62
61.968366
62
61.604467
61
61.303089
58
57.555231
56
55.61179
55
55.459456
55
55.317226
55
54.971861
54
53.957706
53
52.601736
51
50.977878
40
39.566279
39
38.623173
33
32.986275
32
31.574079
100
100
100
100
100
100
100
100
100
100
100
100
100
100
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
80
79.79255
69
68.748141
47
47.340683
N/A
0
70
70.082878306583
N/A
0
72
71.579646534613

ETF.com Grade as 06/15/17

Equity: U.S. - Total Market