Equity: U.S. - Total Market

WIL Top Performer Intra-day
Price $62.79
Today’s Change +1.61%(2.63)
9:30am 04/27/2017
CSD Bottom Performer Intra-day
Price $46.63
Today’s Change -0.72%(-1.52)
3:59pm 04/28/2017
  • 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 04/28/17)

All Funds (95)

FNDB $266.78 M 266780724.8 decent assets

A 93
E
96
96
T
85
85
F
93
93

DTD $571.43 M 571434750 well established

A 92
E
93
93
T
89
89
F
92
92

DSI $823.2 M 823203920 not cheap but well established

A 91
E
90
90
T
94
94
F
91
91

KLD $528.68 M 528682420 higher fee; well established

A 88
E
90
90
T
93
93
F
88
88

TILT $1.04 B 1038949326.3609 large asset base

A 85
E
91
91
T
94
94
F
85
85

DGRO $1.43 B 1428883360 low fee

A 85
E
100
100
T
98
98
F
85
85

SIZE $275.32 M 275322600 low fee; decent assets

A 83
E
98
98
T
71
71
F
83
83

QUAL $3.72 B 3722441450 Indexes changed September 1 2015

A 83
E
98
98
T
99
99
F
83
83

DGRW $1.31 B 1311868400 healthy AUM; middling yield

A 82
E
93
93
T
99
99
F
82
82

EUSA $128.52 M 128517450 changed indexes 9.1.2015

A 80
E
98
98
T
72
72
F
80
80

LRGF $377.04 M 377044050 new; trade with care

A 79
E
95
95
T
93
93
F
79
79

VIG $23.95 B 23950029869.07 Dirt cheap all in

A 73
E
98
98
T
100
100
F
73
73

PKW $1.38 B 1379463750 large and liquid

A 70
E
87
87
T
99
99
F
70
70

ONEQ $1.09 B 1090246000 Only includes Nasdaq listed firms

A 68
E
97
97
T
90
90
F
68
68

PDP $1.42 B 1416765000 solid investor interest

A 67
E
88
88
T
98
98
F
67
67

MOAT $1.08 B 1078437506.75 good liquidity

A 64
E
89
89
T
98
98
F
64
64

USMV $12.73 B 12728586600 massive AUM for non-vanilla

A 62
E
98
98
T
100
100
F
62
62

MTUM $2.59 B 2585596980 hefty AUM; low fee

A 56
E
99
99
T
99
99
F
56
56

IYY $1.11 B 1113249060 slightly higher costs than some

A 100
E
97
97
T
95
95
F
100
100

THRK $401.18 M 401177568.9884 for R3000, IWV far more liquid

A 100
E
98
98
T
79
79
F
100
100

VTHR $324.26 M 324264000 thin trading volume

A 100
E
96
96
T
87
87
F
100
100

VTI $77.61 B 77609807815.68 Cheap and highly liquid

A 100
E
100
100
T
100
100
F
100
100

ITOT $8.45 B 8446988970 low all in costs

A 100
E
100
100
T
97
97
F
100
100

SCHB $8.81 B 8810939829.8 Cheap, easy to trade

A 100
E
100
100
T
99
99
F
100
100

IWV $7.49 B 7490203245 large and liquid

A 100
E
98
98
T
99
99
F
100
100

EXT $63.59 M 63590925 middling liquidity

B 91
E
92
92
T
49
49
F
91
91

QDF $1.7 B 1702889681.1326 strong AUM; decent liqudity

B 89
E
87
87
T
95
95
F
89
89

MMTM $14.97 M 14973534.6 poor trader

B 87
E
95
95
T
53
53
F
87
87

QUS $34.64 M 34637500 low fee

B 86
E
94
94
T
70
70
F
86
86

QDEF $307.21 M 307211040.4225 Solid AUM but so-so liquidity

B 83
E
87
87
T
80
80
F
83
83

QDYN $68.21 M 68206420.1214 weak liquidity; poor tracking

B 83
E
88
88
T
68
68
F
83
83

PFM $314.65 M 314648900 higher holding costs

B 71
E
89
89
T
81
81
F
71
71

KNOW $243.04 M 243035735.229 middling costs

B 70
E
84
84
T
93
93
F
70
70

PWC $143.61 M 143610900 high all in costs

B 68
E
90
90
T
66
66
F
68
68

NFO $71.21 M 71212296 lukewarm trader

B 68
E
89
89
T
67
67
F
68
68

FPX $735.38 M 735379917.192 Decent liquidity

B 66
E
86
86
T
97
97
F
66
66

GURU $57.91 M 57907596.155188 good liquidity

B 63
E
85
85
T
66
66
F
63
63

VUSE $491.34 M 491344000 decent AUM, workable liquidity

B 63
E
85
85
T
82
82
F
63
63

DWAQ $34.44 M 34442400 thinly traded

B 57
E
88
88
T
57
57
F
57
57

BFOR $198.72 M 198721910 400 holdings equally weighted

B 56
E
85
85
T
71
71
F
56
56

RFDA $30.87 M 30870896.1288 N/A

C 84
E
76
76
T
71
71
F
84
84

WEXP $1.42 M 1422805 N/A

C 78
E
83
83
T
49
49
F
78
78

IBLN $13.94 M 13935000 modest investor interest

C 73
E
72
72
T
67
67
F
73
73

WUSA $2.13 M 2126940 N/A

C 70
E
83
83
T
39
39
F
70
70

ESGS $5.83 M 5828111.03 N/A

C 70
E
80
80
T
64
64
F
70
70

TUSA $10.28 M 10284108.766 high all-in costs

C 69
E
77
77
T
51
51
F
69
69

TTFS $152.42 M 152422350 high fee but liquid

C 65
E
75
75
T
77
77
F
65
65

TOFR $4.06 M 4056780 weak investor interest

C 65
E
78
78
T
54
54
F
65
65

DEF $171.51 M 171507100 decent assets

C 65
E
72
72
T
75
75
F
65
65

CSD $202.94 M 202942800 Small basket

C 59
E
72
72
T
69
69
F
59
59

BUZ $9.55 M 9551589.5802 N/A

C 58
E
73
73
T
65
65
F
58
58

RYJ $203.7 M 203704240.232 high fee; poor tracking

C 51
E
81
81
T
63
63
F
51
51

IPO $13.05 M 13045230 Weak trader

C 46
E
78
78
T
59
59
F
46
46

FVL $52.82 M 52823170.318 high all-in costs

C 44
E
81
81
T
63
63
F
44
44

ALFA $31.05 M 31048000 very high fee

D 73
E
71
71
T
65
65
F
73
73

FLLV $5.46 M 5458000 N/A

D 66
E
70
70
T
62
62
F
66
66

CWS $11.29 M 11291600 N/A

D 66
E
65
65
T
62
62
F
66
66

WMW $19.25 M 19251000 MOAT is cheaper, bigger, better

D 64
E
76
76
T
33
33
F
64
64

ACTX $1.5 M 1500504.12146 N/A

D 64
E
74
74
T
55
55
F
64
64

HUSE $14.12 M 14122612.5 Weak AUM and trading

D 59
E
64
64
T
60
60
F
59
59

TTAC $13.02 M 13018500 N/A

D 52
E
70
70
T
65
65
F
52
52

VAMO $8.39 M 8391064.417966 new; trade with care

D 30
E
74
74
T
49
49
F
30
30

KRMA $37.61 M 37605779.519554 N/A

F 82
E
59
59
T
61
61
F
82
82

NASH $8.58 M 8576525.699219 very thin investor interest

F 34
E
70
70
T
27
27
F
34
34

OUSA $382.02 M 382023868.9412 first launch by issuer

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

PFV $1.38 M 1381500 N/A

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

RFFC $21.64 M 21641157.7096 N/A

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

RODI $32.9 M 32897386.83 new; trade with care

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

UDBI $3.02 M 3019120 N/A

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

BOSS $3.1 M 3097225.420366 N/A

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

ETHO $13.46 M 13455000 N/A

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

QMOM $34.83 M 34830000 N/A

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

MILN $4.27 M 4266352.89996 N/A

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

LVHD $133.54 M 133544500 N/A

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

GVIP $32.66 M 32655000 N/A

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

ESG $8.44 M 8437646.2506 N/A

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

SQZZ $1.25 M 1253425 N/A

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

DWTR $113.96 M 113960424.774 new, trade with care

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

JUNE $4.09 M 4091500.578722 N/A

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

ESGU $5.22 M 5222250 N/A

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

DHVW $19.53 M 19530000 N/A

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

WIL $33.53 M 33531602.4 trades poorly

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

CNTR $3.09 M 3091430.914 High closure risk

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

QVM $3.72 M 3718500 higher fee

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

ICAN $2.54 M 2536000 N/A

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

PY $7.24 M 7240403.9615 N/A

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

SWIN $5.27 M 5266112.6606 N/A

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

DIVC $123.92 M 123920000 pays no dividends

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 04/20/17

Equity: U.S. - Total Market

Performance Dispersion
Performance  [as of 04/27/17] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
Benchmark: MSCI USA Investable Markets2.44%4.45%7.17%16.59%9.99%12.87%--
A 92.734593FNDB266780724.8FNDBSchwab Fundamental US Broad Market Index ETF1.92%2.48%4.12%14.04%8.91%----
A 91.83892DTD571434750DTDWisdomTree Total Dividend Fund1.87%3.76%4.83%14.89%10.19%12.84%6.52%
A 91.159269DSI823203920DSIiShares MSCI KLD 400 Social ETF2.64%4.27%7.36%14.83%9.88%12.98%6.71%
A 87.959487KLD528682420KLDiShares MSCI USA ESG Select ETF2.81%6.58%8.97%17.19%10.31%12.03%6.58%
A 84.729749TILT1038949326.3609TILTFlexShares Morningstar US Market Factor Tilt Index Fund2.55%3.41%5.65%18.49%9.83%13.25%--
A 84.571211DGRO1428883360DGROiShares Core Dividend Growth ETF1.98%5.56%7.38%16.63%------
A 82.926645SIZE275322600SIZEiShares Edge MSCI USA Size Factor ETF2.67%4.94%7.15%15.96%11.11%----
A 82.52047QUAL3722441450QUALiShares Edge MSCI USA Quality Factor ETF1.20%4.89%6.79%12.52%11.39%----
A 82.287341DGRW1311868400DGRWWisdomTree US Quality Dividend Growth Fund2.31%6.64%9.11%16.85%11.21%----
A 80.33047EUSA128517450EUSAiShares MSCI USA Equal Weighted ETF2.35%4.09%6.89%16.36%10.05%12.98%--
A 79.008089LRGF377044050LRGFiShares Edge MSCI Multifactor USA ETF1.98%4.16%6.38%17.05%------
A 73.490676VIG23950029869.07VIGVanguard Dividend Appreciation Index Fund2.65%6.06%8.36%14.23%9.20%11.88%7.33%
A 69.631719PKW1379463750PKWPowerShares Buyback Achievers Portfolio2.52%2.50%4.02%14.27%8.34%13.49%8.21%
A 68.382028ONEQ1090246000ONEQFidelity NASDAQ Composite Tracking Stock3.60%7.11%12.76%26.05%15.44%15.85%10.01%
A 66.962187PDP1416765000PDPPowerShares DWA Momentum Portfolio2.90%7.16%9.81%13.34%8.59%11.00%6.15%
A 63.541297MOAT1078437506.75MOATVanEck Vectors Morningstar Wide Moat ETF3.06%6.98%10.08%18.08%10.62%14.50%--
A 61.651666USMV12728586600USMViShares Edge MSCI Min Vol USA ETF1.85%6.31%7.72%12.36%12.64%13.46%--
A 55.81674MTUM2585596980MTUMiShares Edge MSCI USA Momentum Factor ETF3.17%7.83%11.91%17.96%14.23%----
A 100IYY1113249060IYYiShares Dow Jones U.S. ETF2.31%4.50%7.34%16.53%10.39%12.62%5.78%
A 100THRK401177568.9884THRKSPDR Russell 3000 ETF2.43%4.63%7.07%17.50%10.50%13.47%7.19%
A 100VTHR324264000VTHRVanguard Russell 3000 Index Fund2.56%4.65%6.98%17.03%10.06%13.34%--
A 100VTI77609807815.68VTIVanguard Total Stock Market Index Fund2.50%4.58%7.16%17.20%10.53%13.53%7.51%
A 100ITOT8446988970ITOTiShares Core S&P Total U.S. Stock Market ETF2.56%4.56%7.27%17.18%10.83%13.59%7.14%
A 100SCHB8810939829.8SCHBSchwab U.S. Broad Market ETF2.48%4.57%7.21%17.18%10.54%13.50%--
A 100IWV7490203245IWViShares Russell 3000 ETF2.46%4.53%7.07%17.01%10.40%13.38%7.02%
B 91.264202EXT63590925EXTWisdomTree Total Earnings Fund2.45%4.66%6.40%18.18%9.86%13.12%7.19%
B 88.854447QDF1702889681.1326QDFFlexShares Quality Dividend Index Fund2.18%3.92%4.95%15.05%10.01%----
B 86.88787MMTM14973534.6MMTMSPDR S&P 1500 Momentum Tilt ETF3.31%3.74%7.11%14.87%10.15%----
B 86.01187QUS34637500QUSSPDR MSCI USA StrategicFactors ETF2.11%5.34%7.35%16.13%------
B 82.610516QDEF307211040.4225QDEFFlexShares Quality Dividend Defensive Index Fund2.22%4.47%4.91%13.76%10.24%----
B 82.526139QDYN68206420.1214QDYNFlexShares Quality Dividend Dynamic Index Fund2.14%3.89%5.71%17.84%8.79%----
B 70.953232PFM314648900PFMPowerShares Dividend Achievers Portfolio1.44%3.95%5.08%11.74%8.20%11.13%5.50%
B 69.881359KNOW243035735.229KNOWDirexion All Cap Insider Sentiment Shares2.42%3.13%4.35%13.31%12.43%15.57%--
B 68.076646PWC143610900PWCPowerShares Dynamic Market Portfolio2.54%3.50%4.88%17.24%7.78%13.82%5.86%
B 67.533246NFO71212296NFOGuggenheim Insider Sentiment ETF5.28%9.15%11.98%16.15%7.29%10.95%6.86%
B 66.341271FPX735379917.192FPXFirst Trust US Equity Opportunities ETF3.48%6.11%9.07%15.96%10.38%16.51%10.60%
B 62.947647GURU57907596.155188GURUGlobal X Guru Index ETF4.01%6.01%10.20%17.79%3.69%----
B 62.647886VUSE491344000VUSEVident Core US Equity Fund3.38%2.18%3.59%17.44%7.25%----
B 57.143231DWAQ34442400DWAQPowerShares DWA NASDAQ Momentum Portfolio5.16%6.26%10.73%22.92%10.67%11.11%4.56%
B 56.167124BFOR198721910BFORALPS Barron's 400 ETF3.93%5.01%7.08%21.53%8.92%----
C 83.636955RFDA30870896.1288RFDARiverFront Dynamic US Dividend Advantage ETF2.51%2.81%5.09%--------
C 78.152501WEXP1422805WEXPWisdomTree U.S. Export and Multinational Fund1.97%6.45%7.21%20.28%------
C 72.52096IBLN13935000IBLNDirexion iBillionaire Index ETF2.72%5.20%11.29%16.21%------
C 70.129481WUSA2126940WUSAWisdomTree U.S. Domestic Economy Fund0.81%3.93%5.68%16.54%------
C 69.837464ESGS5828111.03ESGSColumbia Sustainable U.S. Equity Income ETF1.29%5.16%5.46%--------
C 68.943785TUSA10284108.766TUSAFirst Trust Total US Market AlphaDEX ETF3.54%3.88%6.60%19.27%5.80%9.57%3.94%
C 65.113887TTFS152422350TTFSAdvisorShares Wilshire Buyback ETF1.59%0.68%2.91%16.75%10.71%14.87%--
C 65.11232TOFR4056780TOFRStock Split Index Fund3.28%2.78%3.91%8.93%------
C 64.520198DEF171507100DEFGuggenheim Defensive Equity ETF1.63%6.13%7.66%14.21%8.16%10.25%5.48%
C 59.160904CSD202942800CSDGuggenheim S&P Spin-Off ETF5.20%6.37%9.21%20.66%4.17%13.20%5.75%
C 58.024463BUZ9551589.5802BUZBUZZ US Sentiment Leaders ETF1.42%1.22%4.35%10.61%------
C 50.713166RYJ203704240.232RYJGuggenheim Raymond James SB-1 Equity ETF1.52%1.50%4.06%18.99%7.35%11.69%7.91%
C 46.09267IPO13045230IPORenaissance IPO ETF4.58%9.84%15.32%18.14%5.12%----
C 43.697356FVL52823170.318FVLFirst Trust Value Line 100 ETF1.75%-1.19%0.14%12.57%4.93%10.00%3.42%
D 72.964224ALFA31048000ALFAAlphaClone Alternative Alpha ETF4.11%6.11%10.57%16.04%1.61%----
D 65.686006FLLV5458000FLLVFranklin Liberty U.S. Low Volatility ETF1.48%4.69%6.34%--------
D 65.582236CWS11291600CWSAdvisorShares Focused Equity ETF2.77%4.75%8.86%--------
D 64.185407WMW19251000WMWElements Morningstar Wide Moat Focus Total Return Index ETN1.16%5.83%8.23%17.00%9.84%13.90%--
D 63.865076ACTX1500504.12146ACTXGlobal X Guru Activist Index ETF2.49%0.05%3.69%13.63%------
D 58.853829HUSE14122612.5HUSEUS Market Rotation Strategy ETF1.78%3.39%4.53%11.24%8.93%----
D 51.886466TTAC13018500TTACTrimTabs Float Shrink ETF3.09%5.00%7.17%--------
D 29.550905VAMO8391064.417966VAMOCambria Value & Momentum ETF3.22%-1.13%-0.72%4.88%------
F 81.582971KRMA37605779.519554KRMAGlobal X Conscious Companies ETF2.56%5.13%7.37%--------
F 33.636784NASH8576525.699219NASHNashville Area ETF2.24%2.65%6.60%11.24%5.77%----
N/A 0OUSA382023868.9412OUSAO'Shares FTSE US Quality Dividend ETF1.08%5.46%6.21%10.87%------
N/A 0PFV1381500PFVAmplify YieldShares Prime 5 Dividend ETF2.54%5.72%5.97%--------
N/A 0RFFC21641157.7096RFFCRiverFront Dynamic US Flex-Cap ETF2.70%2.70%6.18%--------
N/A 0RODI32897386.83RODIBarclays Return on Disability ETN0%0%0%4.66%------
N/A 0UDBI3019120UDBILegg Mason US Diversified Core ETF1.07%4.81%7.46%14.79%------
N/A 0BOSS3097225.420366BOSSGlobal X Founder-Run Companies ETF4.02%------------
N/A 0ETHO13455000ETHOEtho Climate Leadership U.S. ETF3.49%5.15%9.04%18.39%------
N/A 0QMOM34830000QMOMMomentumShares U.S. Quantitative Momentum ETF4.81%0.93%4.90%12.63%------
N/A 0MILN4266352.89996MILNGlobal X Millennials Thematic ETF5.43%6.79%10.76%--------
N/A 0LVHD133544500LVHDLegg Mason Low Volatility High Dividend ETF1.83%4.30%6.09%13.93%------
N/A 0GVIP32655000GVIPGoldman Sachs Hedge Industry VIP ETF3.31%5.74%10.65%--------
N/A 0ESG8437646.2506ESGFlexShares STOXX US ESG Impact Index Fund1.41%4.43%7.05%--------
N/A 0SQZZ1253425SQZZActive Alts Contrarian ETF0.36%------------
N/A 0DWTR113960424.774DWTRPowerShares DWA Tactical Sector Rotation Portfolio3.33%-0.60%2.60%5.14%------
N/A 0JUNE4091500.578722JUNEDhandho Junoon ETF0.75%2.43%0.94%8.33%------
N/A 0ESGU5222250ESGUiShares MSCI USA ESG Optimized ETF0.86%4.82%6.99%--------
N/A 0DHVW19530000DHVWDiamond Hill Valuation-Weighted 500 ETF2.42%5.00%8.38%18.44%------
N/A 0WIL33531602.4WILBarclays Women in Leadership ETN3.75%5.05%6.89%16.26%------
N/A 0CNTR3091430.914CNTRPowerShares Contrarian Opportunities Portfolio5.38%1.72%3.33%20.22%7.76%----
N/A 0QVM3718500QVMArrow QVM Equity Factor ETF3.12%1.72%2.17%7.49%------
N/A 0ICAN2536000ICANSerenityShares IMPACT ETF--------------
N/A 0PY7240403.9615PYPrincipal Shareholder Yield Index ETF2.46%3.41%4.52%17.98%------
N/A 0SWIN5266112.6606SWINALPS Dorsey Wright Sector Momentum ETF2.40%4.49%----------
N/A 0DIVC123920000DIVCC-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor-1.92%1.46%1.80%17.28%------
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 04/28/17)

All Funds (95)

100
99.807929
100
99.691208
99
98.506013
98
98.479144
98
98.331505
98
98.291969
98
98.159686
98
98.033809
98
97.970011
98
97.96397
97
97.450111
97
97.268063
96
96.36442
96
95.646924
95
95.266487
95
94.701964
94
94.004436
93
92.95938
93
92.630622
92
92.013493
91
91.306462
90
90.30092
90
90.069614
90
90.043476
89
89.302565
89
89.139159
89
88.675752
88
88.427892
88
88.359691
88
87.544669
87
87.445632
87
87.071857
87
87.05332
86
86.100863
85
85.460894
85
85.439561
85
85.170343
84
84.352191
83
83.466798
83
82.761142
81
81.475323
81
80.80476
80
80.088615
78
78.193812
78
77.815271
77
77.182747
76
75.898969
76
75.875694
75
74.549171
74
74.251982
74
73.529999
73
73.306073
72
72.195963
72
71.85553
72
71.83295
71
71.436072
70
70.482173
70
70.151576
70
69.754892
65
65.173497
64
64.070652
59
59.160024
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
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 04/20/17

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
JUNE Dhandho Junoon ETF 0.75% -- -- -- 20.00% / 39.60% High 0
DHVW Diamond Hill Valuation-Weighted 500 ETF 0.10% -- -- -- 20.00% / 39.60% Medium 0
PWC PowerShares Dynamic Market Portfolio 0.60% -0.76% -0.63% -0.97% 20.00% / 39.60% Low 90.043476
SCHB Schwab U.S. Broad Market ETF 0.03% -0.06% -0.02% -0.13% 20.00% / 39.60% Low 100
CWS AdvisorShares Focused Equity ETF 0.75% -- -- -- 20.00% / 39.60% High 65.173497
FVL First Trust Value Line 100 ETF 0.70% -0.97% -0.45% -1.43% 20.00% / 39.60% Low 80.80476
VIG Vanguard Dividend Appreciation Index Fund 0.09% -0.10% -0.04% -0.14% 20.00% / 39.60% Low 98.479144
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% -0.17% 20.00% / 39.60% Medium 94.701964
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% -0.62% -0.30% -0.71% 20.00% / 39.60% Low 0
QDEF FlexShares Quality Dividend Defensive Index Fund 0.37% -0.51% -0.18% -0.96% 20.00% / 39.60% Low 87.071857
SIZE iShares Edge MSCI USA Size Factor ETF 0.15% -0.15% -0.08% -0.23% 20.00% / 39.60% Low 98.291969
PFV Amplify YieldShares Prime 5 Dividend ETF 0.49% -- -- -- 20.00% / 39.60% High 0
GURU Global X Guru Index ETF 0.75% -0.17% 0.00% -0.42% 20.00% / 39.60% Low 85.460894
MOAT VanEck Vectors Morningstar Wide Moat ETF 0.49% -0.68% -0.59% -0.78% 20.00% / 39.60% Low 89.302565
UDBI Legg Mason US Diversified Core ETF 0.30% -- -- -- 20.00% / 39.60% High 0
DSI iShares MSCI KLD 400 Social ETF 0.50% -0.56% -0.45% -0.69% 20.00% / 39.60% Low 90.30092
QDF FlexShares Quality Dividend Index Fund 0.37% -0.49% -0.10% -0.85% 20.00% / 39.60% Low 87.05332
THRK SPDR Russell 3000 ETF 0.10% 0.07% 0.18% -0.15% 20.00% / 39.60% Low 97.970011
FLLV Franklin Liberty U.S. Low Volatility ETF 0.50% -- -- -- 20.00% / 39.60% High 70.482173
HUSE US Market Rotation Strategy ETF 1.07% -- -- -- 20.00% / 39.60% High 64.070652
VTHR Vanguard Russell 3000 Index Fund 0.15% -0.24% -0.14% -0.38% 20.00% / 39.60% Low 96.36442
ACTX Global X Guru Activist Index ETF 0.75% -0.33% -0.20% -0.51% 20.00% / 39.60% High 73.529999
MTUM iShares Edge MSCI USA Momentum Factor ETF 0.15% -0.19% -0.15% -0.30% 20.00% / 39.60% Low 98.506013
BUZ BUZZ US Sentiment Leaders ETF 0.75% -- -- -- 20.00% / 39.60% High 73.306073
DTD WisdomTree Total Dividend Fund 0.28% -0.33% -0.24% -0.60% 20.00% / 39.60% Low 92.630622
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.37% -0.42% -0.19% -0.58% 20.00% / 39.60% Low 88.359691
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.25% -0.15% 0.03% -0.52% 20.00% / 39.60% Low 91.306462
TTAC TrimTabs Float Shrink ETF 0.59% -- -- -- 20.00% / 39.60% High 69.754892
IBLN Direxion iBillionaire Index ETF 0.65% -0.74% -0.37% -1.25% 20.00% / 39.60% High 71.85553
VTI Vanguard Total Stock Market Index Fund 0.05% -0.01% 0.01% -0.03% 20.00% / 39.60% Low 99.691208
ALFA AlphaClone Alternative Alpha ETF 0.95% -0.63% -0.36% -1.27% 20.00% / 39.60% Medium 71.436072
NASH Nashville Area ETF 0.49% 1.09% 1.60% -0.19% 20.00% / 39.60% High 70.151576
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% Low 88.427892
QUAL iShares Edge MSCI USA Quality Factor ETF 0.15% -0.17% -0.10% -0.24% 20.00% / 39.60% Low 97.96397
TOFR Stock Split Index Fund 0.55% -0.68% -0.56% -0.91% 20.00% / 39.60% High 77.815271
GVIP Goldman Sachs Hedge Industry VIP ETF 0.45% -- -- -- 20.00% / 39.60% Low 0
IPO Renaissance IPO ETF 0.60% 0.03% 0.63% -0.53% 20.00% / 39.60% High 78.193812
VUSE Vident Core US Equity Fund 0.55% 0.29% 0.42% 0.06% 20.00% / 39.60% Low 85.439561
BFOR ALPS Barron's 400 ETF 0.65% -0.64% -0.55% -0.78% 20.00% / 39.60% Low 85.170343
NFO Guggenheim Insider Sentiment ETF 0.67% -0.40% -0.33% -0.56% 20.00% / 39.60% Low 89.139159
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% Low 94.004436
TTFS AdvisorShares Wilshire Buyback ETF 0.90% -- -- -- 20.00% / 39.60% Low 74.549171
ESGU iShares MSCI USA ESG Optimized ETF 0.28% -- -- -- 20.00% / 39.60% Low 0
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
WIL Barclays Women in Leadership ETN 0.45% -- -- -- 20.00% / 39.60% Medium 0
CNTR PowerShares Contrarian Opportunities Portfolio 0.35% -0.62% -0.62% -0.62% 20.00% / 39.60% High 0
ONEQ Fidelity NASDAQ Composite Tracking Stock 0.21% 0.05% 0.13% -0.15% 20.00% / 39.60% Low 97.450111
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.52% -- -- -- 20.00% / 39.60% Medium 75.898969
EUSA iShares MSCI USA Equal Weighted ETF 0.15% -0.16% -0.03% -0.28% 20.00% / 39.60% Low 98.159686
QVM Arrow QVM Equity Factor ETF 0.65% -- -- -- 20.00% / 39.60% High 0
TUSA First Trust Total US Market AlphaDEX ETF 0.70% -0.84% -0.70% -1.11% 20.00% / 39.60% High 77.182747
SWIN ALPS Dorsey Wright Sector Momentum ETF 0.40% -- -- -- 20.00% / 39.60% Low 0
IWV iShares Russell 3000 ETF 0.20% -0.17% -0.12% -0.23% 20.00% / 39.60% Low 98.331505
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN 0.75% -0.96% -0.80% -1.13% 20.00% / 39.60% High 75.875694
CSD Guggenheim S&P Spin-Off ETF 0.65% 1.19% 1.90% -0.67% 20.00% / 39.60% Low 72.195963
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% -0.43% -0.13% -1.03% 20.00% / 39.60% Low 92.013493
RODI Barclays Return on Disability ETN 0.45% -0.49% -0.42% -0.61% 20.00% / 39.60% Medium 0
USMV iShares Edge MSCI Min Vol USA ETF 0.15% -0.17% -0.13% -0.20% 20.00% / 39.60% Low 98.033809
BOSS Global X Founder-Run Companies ETF 0.65% -- -- -- 20.00% / 39.60% Low 0
IYY iShares Dow Jones U.S. ETF 0.20% -0.21% -0.11% -0.31% 20.00% / 39.60% Low 97.268063
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 71.83295
PDP PowerShares DWA Momentum Portfolio 0.64% -0.70% -0.63% -0.84% 20.00% / 39.60% Low 87.544669
ESGS Columbia Sustainable U.S. Equity Income ETF 0.35% -- -- -- 20.00% / 39.60% High 80.088615
WEXP WisdomTree U.S. Export and Multinational Fund 0.33% 0.31% 0.35% 0.20% 20.00% / 39.60% High 83.466798
KLD iShares MSCI USA ESG Select ETF 0.50% -0.58% -0.46% -0.71% 20.00% / 39.60% Low 90.069614
QMOM MomentumShares U.S. Quantitative Momentum ETF 0.79% -- -- -- 20.00% / 39.60% Low 0
DGRO iShares Core Dividend Growth ETF 0.08% -0.07% -0.02% -0.14% 20.00% / 39.60% Low 99.807929
PFM PowerShares Dividend Achievers Portfolio 0.55% -0.61% -0.53% -0.67% 20.00% / 39.60% Low 88.675752
KRMA Global X Conscious Companies ETF 0.43% -- -- -- 20.00% / 39.60% Medium 59.160024
FNDB Schwab Fundamental US Broad Market Index ETF 0.25% -0.33% -0.22% -0.40% 20.00% / 39.60% Low 95.646924
WUSA WisdomTree U.S. Domestic Economy Fund 0.33% 0.11% 0.28% -0.01% 20.00% / 39.60% High 82.761142
KNOW Direxion All Cap Insider Sentiment Shares 0.65% 1.22% 1.49% 0.99% 20.00% / 39.60% Low 84.352191
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% -0.28% -0.18% -0.51% 20.00% / 39.60% Low 92.95938
PKW PowerShares Buyback Achievers Portfolio 0.63% -0.69% -0.56% -0.88% 20.00% / 39.60% Low 87.445632
RYJ Guggenheim Raymond James SB-1 Equity ETF 0.75% -0.68% -0.56% -1.02% 20.00% / 39.60% Low 81.475323
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 86.100863
VAMO Cambria Value & Momentum ETF 0.59% -- -- -- 20.00% / 39.60% High 74.251982
SQZZ Active Alts Contrarian ETF 1.95% -- -- -- 20.00% / 39.60% Low 0
LRGF iShares Edge MSCI Multifactor USA ETF 0.20% -0.32% -0.22% -0.43% 20.00% / 39.60% Low 95.266487
USSD WisdomTree Strong Dollar U.S. Equity Fund 0.13% 0.28% -0.01% 20.00% / 39.60% High 82.709715
USWD WisdomTree Weak Dollar US Equity Fund 0.31% 0.35% 0.20% 20.00% / 39.60% High 83.484727
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 04/28/17)

All Funds (95)

100
99.776558
100
99.581508
100
99.502314
99
99.405552
99
99.383185
99
99.060053
99
98.934717
99
98.839268
99
98.512027
98
98.46352
98
98.191245
98
98.178825
97
97.23238
97
96.641979
95
95.22676
95
95.004282
94
94.222199
94
93.574982
93
93.362656
93
93.171646
93
92.777618
90
89.78828
89
88.986336
87
87.279171
85
85.011018
82
82.422851
81
80.674556
80
79.622874
79
79.094148
77
77.110067
75
74.786591
72
72.466996
71
71.368074
71
71.048345
71
70.826326
70
69.605178
69
69.389844
68
68.368872
67
67.440338
67
66.544056
66
65.918614
66
65.885535
65
65.381597
65
65.238049
65
64.771211
64
63.773189
63
62.961482
63
62.617942
62
62.250822
62
61.890339
61
61.295694
60
59.572258
59
58.994589
57
57.180222
55
54.821524
54
53.632605
53
53.376923
51
51.379473
49
49.27693
49
48.713737
49
48.646884
39
38.640668
33
33.343146
27
26.985491
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 04/20/17

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
MILN Global X Millennials Thematic ETF $39.5 K 0.36% 0.05 100.00% 0.01% 0.09% None 0
WUSA WisdomTree U.S. Domestic Economy Fund $14.8 K 1.86% 0.02 100.00% 0.00% 0.09% None 38.640668
DWAQ PowerShares DWA NASDAQ Momentum Portfolio $46.79 K 0.34% 0.01 99.00% 0.33% 0.01% None 57.180222
KNOW Direxion All Cap Insider Sentiment Shares $1.16 M 0.09% 0.29 100.00% 0.11% 0.01% None 92.777618
QUAL iShares Edge MSCI USA Quality Factor ETF $9.48 M 0.02% 2.62 100.00% 0.02% 0.01% None 99.405552
VAMO Cambria Value & Momentum ETF $44.92 K 0.71% 0.04 100.00% 0.18% 0.06% None 48.646884
SQZZ Active Alts Contrarian ETF $22.33 K 0.31% 0.03 -- 0.11% 0.04% None 0
DWTR PowerShares DWA Tactical Sector Rotation Portfolio $679.75 K 0.37% 0.56 100.00% 101.50% 0.04% None 0
LRGF iShares Edge MSCI Multifactor USA ETF $1.21 M 0.21% 0.87 100.00% 0.01% 0.03% None 93.362656
QUS SPDR MSCI USA StrategicFactors ETF $111.31 K 0.11% 0.03 100.00% 0.01% 0.05% None 69.605178
VIG Vanguard Dividend Appreciation Index Fund $55.76 M 0.01% 24.86 100.00% 0.02% 0.01% None 99.581508
RFDA RiverFront Dynamic US Dividend Advantage ETF $387.56 K 0.31% 0.28 100.00% 0.02% 0.04% None 71.368074
ICAN SerenityShares IMPACT ETF $95.69 K 0.25% 0.08 -- -- -- None 0
EUSA iShares MSCI USA Equal Weighted ETF $319.86 K 0.20% 0.13 100.00% 0.00% 0.06% None 72.466996
MMTM SPDR S&P 1500 Momentum Tilt ETF $31.34 K 0.57% 0.00 100.00% 0.01% 0.06% None 53.376923
QVM Arrow QVM Equity Factor ETF $0 0.36% 0 100.00% 0.13% 0.04% None 0
RFFC RiverFront Dynamic US Flex-Cap ETF $244.89 K 0.27% 0.17 100.00% 0.02% 0.04% None 0
EXT WisdomTree Total Earnings Fund $114.92 K 0.78% 0.03 100.00% 0.01% 0.07% None 48.713737
MOAT VanEck Vectors Morningstar Wide Moat ETF $3.95 M 0.05% 2.11 100.00% 0.03% 0.03% None 98.178825
RODI Barclays Return on Disability ETN $0 7.57% 0 -- -- 0% None 0
VTHR Vanguard Russell 3000 Index Fund $637.19 K 0.08% 0.24 100.00% 0.00% 0.07% None 87.279171
ESGS Columbia Sustainable U.S. Equity Income ETF $15.36 K 0.21% 0.00 100.00% 0.01% 0.03% None 63.773189
ACTX Global X Guru Activist Index ETF $4.98 K 0.48% 0.00 100.00% 0.02% 0.07% None 54.821524
MTUM iShares Edge MSCI USA Momentum Factor ETF $14.73 M 0.03% 3.55 100.00% 0.02% 0.01% None 99.383185
VTI Vanguard Total Stock Market Index Fund $270.29 M 0.01% 22.27 100.00% 0.01% 0.00% None 99.776558
KRMA Global X Conscious Companies ETF $31.46 K 0.28% 0.03 100.00% 0.01% 0.09% None 61.295694
ALFA AlphaClone Alternative Alpha ETF $86.83 K 0.18% 0.05 100.00% 0.16% 0.01% None 65.381597
FNDB Schwab Fundamental US Broad Market Index ETF $769.66 K 0.17% 0.46 100.00% 0.00% 0.06% None 85.011018
NASH Nashville Area ETF $0 0.89% 0.00 100.00% 1.28% 0.04% None 26.985491
RYJ Guggenheim Raymond James SB-1 Equity ETF $235.29 K 0.36% 0.12 100.00% 0.18% 0.05% None 62.961482
VUSE Vident Core US Equity Fund $693.31 K 0.27% 0.23 100.00% 0.05% 0.03% None 82.422851
ESG FlexShares STOXX US ESG Impact Index Fund $28.94 K 0.11% 0.01 100.00% 0.01% 0.03% None 0
BFOR ALPS Barron's 400 ETF $355.38 K 0.28% 0.20 100.00% 0.05% 0.03% None 70.826326
FPX First Trust US Equity Opportunities ETF $2.55 M 0.06% 0.90 99.00% 0.09% 0.02% None 96.641979
NFO Guggenheim Insider Sentiment ETF $80.08 K 0.24% 0.03 100.00% 0.07% 0.02% None 67.440338
SCHB Schwab U.S. Broad Market ETF $32.57 M 0.02% 11.49 100.00% 0.00% 0.05% None 98.839268
WIL Barclays Women in Leadership ETN $12.12 K 0.40% 0.00 -- -- 0% None 0
CWS AdvisorShares Focused Equity ETF $64.34 K 0.28% 0.09 100.00% 0.06% 0.07% None 62.250822
CNTR PowerShares Contrarian Opportunities Portfolio $5.96 K 0.25% 0.00 100.00% 0.16% 0.03% None 0
FVL First Trust Value Line 100 ETF $68.63 K 0.25% 0.06 100.00% 0.12% 0.05% None 62.617942
ONEQ Fidelity NASDAQ Composite Tracking Stock $6.17 M 0.19% 0.27 100.00% 0.07% 0.02% None 89.78828
SIZE iShares Edge MSCI USA Size Factor ETF $241.15 K 0.19% 0.06 100.00% 0.01% 0.05% None 71.048345
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN $31.14 K 1.95% 0.00 100.00% -- 0% Potential 33.343146
PFV Amplify YieldShares Prime 5 Dividend ETF $2.78 K 0.24% 0.00 100.00% 2.31% 0.04% None 0
CSD Guggenheim S&P Spin-Off ETF $467.87 K 0.40% 0.20 100.00% 0.12% 0.02% None 69.389844
GURU Global X Guru Index ETF $162.61 K 0.28% 0.13 100.00% 0.03% 0.02% None 65.918614
OUSA O'Shares FTSE US Quality Dividend ETF $1.48 M 0.07% 1.02 100.00% 0.01% 0.03% None 0
THRK SPDR Russell 3000 ETF $682.63 K 0.34% 0.08 100.00% 0.01% 0.03% None 79.094148
ETHO Etho Climate Leadership U.S. ETF $72.79 K 0.41% 0.05 100.00% 0.01% 0.05% None 0
FLLV Franklin Liberty U.S. Low Volatility ETF $4.68 K 0.26% 0.00 100.00% 0.04% 0.02% None 61.890339
DEF Guggenheim Defensive Equity ETF $308.81 K 0.15% 0.15 100.00% 0.02% 0.02% None 74.786591
HUSE US Market Rotation Strategy ETF $60.07 K 0.36% 0.06 100.00% 0.14% 0.03% None 59.572258
PDP PowerShares DWA Momentum Portfolio $3.54 M 0.06% 1.57 100.00% 0.06% 0.02% None 98.191245
TILT FlexShares Morningstar US Market Factor Tilt Index Fund $1.61 M 0.10% 0.32 100.00% 0.01% 0.03% None 93.574982
QMOM MomentumShares U.S. Quantitative Momentum ETF $51.91 K 0.15% 0.04 100.00% 0.06% 0.02% None 0
TTAC TrimTabs Float Shrink ETF $59.17 K 0.19% 0.08 100.00% 0.02% 0.07% None 64.771211
DGRO iShares Core Dividend Growth ETF $13.5 M 0.03% 8.80 100.00% 0.00% 0.05% None 98.46352
IBLN Direxion iBillionaire Index ETF $39.57 K 0.16% 0.03 100.00% 0.01% 0.02% None 66.544056
PFM PowerShares Dividend Achievers Portfolio $504.58 K 0.14% 0.42 100.00% 0.00% 0.04% None 80.674556
TOFR Stock Split Index Fund $5.47 K 0.38% 0.00 100.00% 0.45% 0.04% None 53.632605
LVHD Legg Mason Low Volatility High Dividend ETF $989.65 K 0.16% 0.66 100.00% 0.02% 0.02% None 0
GVIP Goldman Sachs Hedge Industry VIP ETF $218.8 K 0.15% 0.10 100.00% 0.02% 0.01% None 0
DGRW WisdomTree US Quality Dividend Growth Fund $5.21 M 0.03% 2.93 100.00% 0.01% 0.03% None 98.934717
IPO Renaissance IPO ETF $59.27 K 0.33% 0.05 100.00% 0.22% 0.04% None 58.994589
PKW PowerShares Buyback Achievers Portfolio $2.85 M 0.05% 1.09 100.00% 0.02% 0.02% None 98.512027
TTFS AdvisorShares Wilshire Buyback ETF $460.9 K 0.19% 0.28 100.00% 0.04% 0.03% None 77.110067
JUNE Dhandho Junoon ETF $15.46 K 0.67% 0.02 100.00% 0.09% 0.04% None 0
ESGU iShares MSCI USA ESG Optimized ETF $0 0.17% 0.00 100.00% 0.00% 0.04% None 0
DHVW Diamond Hill Valuation-Weighted 500 ETF $176.06 K 0.09% 0.13 100.00% 0.00% 0.04% None 0
ITOT iShares Core S&P Total U.S. Stock Market ETF $36.87 M 0.03% 13.50 100.00% 0.00% 0.11% None 97.23238
PWC PowerShares Dynamic Market Portfolio $106.79 K 0.19% 0.03 100.00% 0.14% 0.01% None 65.885535
TUSA First Trust Total US Market AlphaDEX ETF $33.67 K 0.65% 0.02 100.00% 0.00% 0.03% None 51.379473
PY Principal Shareholder Yield Index ETF $0 0.39% 0.00 100.00% 0.02% 0.04% None 0
SWIN ALPS Dorsey Wright Sector Momentum ETF $80.07 K 0.18% 0.06 100.00% 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 $25.68 M 0.02% 3.65 100.00% 0.01% 0.04% None 99.060053
QDEF FlexShares Quality Dividend Defensive Index Fund $547.74 K 0.15% 0.27 100.00% 0.03% 0.04% None 79.622874
USMV iShares Edge MSCI Min Vol USA ETF $78.38 M 0.02% 16.35 100.00% 0.03% 0.01% None 99.502314
UDBI Legg Mason US Diversified Core ETF $0 0.22% 0 100.00% 0.01% 0.05% None 0
BOSS Global X Founder-Run Companies ETF $22.01 K 0.25% 0.02 100.00% 0.02% 0.10% None 0
DSI iShares MSCI KLD 400 Social ETF $2.29 M 0.10% 0.52 100.00% 0.01% 0.02% None 94.222199
IYY iShares Dow Jones U.S. ETF $3.02 M 0.05% 0.51 100.00% 0.01% 0.05% None 95.22676
QDF FlexShares Quality Dividend Index Fund $3.26 M 0.15% 1.60 100.00% 0.03% 0.04% None 95.004282
BUZ BUZZ US Sentiment Leaders ETF $28.25 K 0.18% 0.01 100.00% 0.01% 0.04% None 65.238049
WEXP WisdomTree U.S. Export and Multinational Fund $0 0.69% 0.00 100.00% 0.01% 0.05% None 49.27693
DTD WisdomTree Total Dividend Fund $908.34 K 0.19% 0.22 100.00% 0.01% 0.06% None 88.986336
KLD iShares MSCI USA ESG Select ETF $1.73 M 0.11% 0.36 100.00% 0.04% 0.01% None 93.171646
QDYN FlexShares Quality Dividend Dynamic Index Fund $93.18 K 0.13% 0.05 100.00% 0.02% 0.04% None 68.368872
USWD WisdomTree Weak Dollar US Equity Fund $0 0 100.00% 0.01% 0.05% None 48.789626
USSD WisdomTree Strong Dollar U.S. Equity Fund $16.8 K 0.01 100.00% 0.01% 0.05% None 40.938751
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

TTFS
5
4
3
2
1
ITOT
5
4
3
2
1
IWV
5
4
3
2
1
TUSA
5
4
3
2
1
IYY
5
4
3
2
1
USMV
5
4
3
2
1
KLD
5
4
3
2
1
KNOW
5
4
3
2
1
WUSA
5
4
3
2
1
LRGF
5
4
3
2
1
MMTM
5
4
3
2
1
VIG
5
4
3
2
1
MOAT
5
4
3
2
1
MTUM
5
4
3
2
1
VTHR
5
4
3
2
1
VTI
5
4
3
2
1
BFOR
5
4
3
2
1
VUSE
5
4
3
2
1
ONEQ
5
4
3
2
1
OUSA
5
4
3
2
1
CSD
5
4
3
2
1
ETHO
5
4
3
2
1
PDP
5
4
3
2
1
DEF
5
4
3
2
1
PFM
5
4
3
2
1
DGRO
5
4
3
2
1
LVHD
5
4
3
2
1
PKW
5
4
3
2
1
DGRW
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
BUZ
5
4
3
2
1
QDYN
5
4
3
2
1
DTD
5
4
3
2
1
QUAL
5
4
3
2
1
QUS
5
4
3
2
1
RFDA
5
4
3
2
1
EUSA
5
4
3
2
1
RFFC
5
4
3
2
1
EXT
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
TILT
5
4
3
2
1
IBLN
5
4
3
2
1
GVIP
5
4
3
2
1
ESGU
5
4
3
2
1
SWIN
5
4
3
2
1
BOSS
5
4
3
2
1
WEXP
5
4
3
2
1
VAMO
5
4
3
2
1
ACTX
5
4
3
2
1
ALFA
5
4
3
2
1
NFO
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
MILN
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
TTAC
5
4
3
2
1
IPO
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
WIL
5
4
3
2
1
WMW
5
4
3
2
1
DIVC
5
4
3
2
1
RODI
5
4
3
2
1
SQZZ
5
4
3
2
1
ICAN
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 04/28/17)

All Funds (95)

93
92.734593
92
91.83892
91
91.264202
91
91.159269
89
88.854447
88
87.959487
87
86.88787
86
86.01187
85
84.729749
85
84.571211
84
83.636955
83
82.926645
83
82.610516
83
82.526139
83
82.52047
82
82.287341
82
81.582971
80
80.33047
79
79.008089
78
78.152501
73
73.490676
73
72.964224
73
72.52096
71
70.953232
70
70.129481
70
69.881359
70
69.837464
70
69.631719
69
68.943785
68
68.382028
68
68.076646
68
67.533246
67
66.962187
66
66.341271
66
65.686006
66
65.582236
65
65.113887
65
65.11232
65
64.520198
64
64.185407
64
63.865076
64
63.541297
63
62.947647
63
62.647886
62
61.651666
59
59.160904
59
58.853829
58
58.024463
57
57.143231
56
56.167124
56
55.81674
52
51.886466
51
50.713166
46
46.09267
44
43.697356
34
33.636784
30
29.550905
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
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 04/20/17

Equity: U.S. - Total Market