Equity: U.S. - Total Market

GOP Top Performer Intra-day
Price $20.77
Today’s Change +0.18%(0.87)
10:15am 12/13/2017
KNOW Bottom Performer Intra-day
Price $40.95
Today’s Change -2.43%(-5.60)
12:53pm 12/13/2017
  • 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 12/13/17)

All Funds (117)

VTI $92.3 B 92302851295.09 Cheap and highly liquid

A 99
E
100
100
T
100
100
F
99
99

VTHR $354.26 M 354264000 thin trading volume

A 99
E
96
96
T
83
83
F
99
99

IWV $8.39 B 8385474440 large and liquid

A 99
E
97
97
T
99
99
F
99
99

SCHB $11.26 B 11259758304.9 Cheap, easy to trade

A 99
E
100
100
T
99
99
F
99
99

ITOT $12.47 B 12470221650 low all in costs

A 99
E
100
100
T
98
98
F
99
99

SPTM $769.35 M 769353646.47715 for R3000, IWV far more liquid

A 99
E
99
99
T
98
98
F
99
99

IYY $1.14 B 1139813325 slightly higher costs than some

A 97
E
97
97
T
95
95
F
97
97

DSI $979.41 M 979407000 not cheap but well established

A 88
E
90
90
T
97
97
F
88
88

TILT $1.2 B 1199521551.0668 large asset base

A 83
E
92
92
T
93
93
F
83
83

FNDB $290.36 M 290356168.95 decent assets

A 83
E
96
96
T
80
80
F
83
83

SUSA $636.23 M 636227150 higher fee; well established

A 82
E
90
90
T
94
94
F
82
82

EUSA $138.01 M 138010500 changed indexes 9.1.2015

A 80
E
99
99
T
75
75
F
80
80

DGRO $2.57 B 2571327010 low fee

A 78
E
100
100
T
99
99
F
78
78

DTD $629.21 M 629211480 well established

A 76
E
91
91
T
88
88
F
76
76

LRGF $768.44 M 768436800 new; trade with care

A 76
E
97
97
T
97
97
F
76
76

QUAL $4.16 B 4159952530 Indexes changed September 1 2015

A 75
E
98
98
T
99
99
F
75
75

SIZE $221.96 M 221962940 low fee; decent assets

A 73
E
98
98
T
73
73
F
73
73

DGRW $1.9 B 1896756840 healthy AUM; middling yield

A 70
E
94
94
T
99
99
F
70
70

MOAT $1.33 B 1327236487.2 good liquidity

A 69
E
88
88
T
98
98
F
69
69

PDP $1.54 B 1538610000 solid investor interest

A 66
E
89
89
T
98
98
F
66
66

MTUM $5.28 B 5275594530 hefty AUM; low fee

A 65
E
99
99
T
99
99
F
65
65

VIG $27.09 B 27090647552.16 Dirt cheap all in

A 64
E
99
99
T
100
100
F
64
64

PKW $1.34 B 1343361000 large and liquid

A 61
E
89
89
T
98
98
F
61
61

ONEQ $1.49 B 1488245000 Only includes Nasdaq listed firms

A 55
E
97
97
T
95
95
F
55
55

USMV $15.1 B 15099388380 massive AUM for non-vanilla

A 49
E
98
98
T
100
100
F
49
49

EXT $66.75 M 66751650 middling liquidity

B 90
E
90
90
T
60
60
F
90
90

QUS $69.19 M 69192990 low fee

B 84
E
96
96
T
72
72
F
84
84

MMTM $22.81 M 22806492.8 poor trader

B 83
E
94
94
T
57
57
F
83
83

RFDA $59.71 M 59710792.8534 N/A

B 80
E
88
88
T
70
70
F
80
80

QDYN $61.33 M 61331943.8085 weak liquidity; poor tracking

B 76
E
88
88
T
64
64
F
76
76

QDF $1.92 B 1919888204.8572 strong AUM; decent liqudity

B 72
E
84
84
T
98
98
F
72
72

QDEF $323.96 M 323955704.0756 Solid AUM but so-so liquidity

B 69
E
85
85
T
76
76
F
69
69

NFO $75.23 M 75225316.8 lukewarm trader

B 68
E
89
89
T
67
67
F
68
68

FPX $966.65 M 966651535.196 Decent liquidity

B 58
E
86
86
T
97
97
F
58
58

PFM $323.24 M 323244000 higher holding costs

B 54
E
90
90
T
80
80
F
54
54

KNOW $240.88 M 240879461.2 middling costs

B 52
E
85
85
T
80
80
F
52
52

BFOR $203.67 M 203665275 400 holdings equally weighted

B 52
E
86
86
T
73
73
F
52
52

VUSE $599.4 M 599400000 decent AUM, workable liquidity

B 51
E
86
86
T
90
90
F
51
51

FFTY $256.85 M 256854000 N/A

B 18
E
79
79
T
96
96
F
18
18

WEXP $795.13 K 795127.5 N/A

C 79
E
88
88
T
41
41
F
79
79

GURU $55.6 M 55603726.523498 good liquidity

C 72
E
83
83
T
69
69
F
72
72

FLLV $6.03 M 6030000 N/A

C 68
E
76
76
T
63
63
F
68
68

TUSA $14.72 M 14717315.41 high all-in costs

C 66
E
79
79
T
52
52
F
66
66

DEF $188.55 M 188552000 decent assets

C 65
E
72
72
T
77
77
F
65
65

ESGS $4.8 M 4803240.54 N/A

C 64
E
82
82
T
61
61
F
64
64

TTAC $38.47 M 38467500 N/A

C 60
E
78
78
T
67
67
F
60
60

WUSA $2.34 M 2344642.5 N/A

C 58
E
87
87
T
38
38
F
58
58

IBLN $15.9 M 15904500 modest investor interest

C 56
E
72
72
T
65
65
F
56
56

PWC $151.35 M 151353600 high all in costs

C 56
E
71
71
T
67
67
F
56
56

TTFS $124.74 M 124744480 high fee but liquid

C 52
E
77
77
T
72
72
F
52
52

CSD $209.73 M 209729250 Small basket

C 52
E
74
74
T
76
76
F
52
52

BUZ $9.58 M 9577263.848 N/A

C 49
E
76
76
T
67
67
F
49
49

VAMO $9.96 M 9956816.260008 new; trade with care

C 44
E
77
77
T
62
62
F
44
44

RYJ $191.17 M 191172885.102 high fee; poor tracking

C 40
E
81
81
T
68
68
F
40
40

FVL $58.43 M 58434897.576 high all-in costs

C 39
E
79
79
T
67
67
F
39
39

DWAQ $50.71 M 50707000 thinly traded

C 38
E
86
86
T
60
60
F
38
38

IPO $18.29 M 18291650 Weak trader

C 29
E
74
74
T
61
61
F
29
29

KRMA $48.38 M 48375228.135803 N/A

D 84
E
66
66
T
65
65
F
84
84

ALFA $25.38 M 25380000 very high fee

D 72
E
60
60
T
62
62
F
72
72

WMW $19.69 M 19693940 MOAT is cheaper, bigger, better

D 69
E
76
76
T
33
33
F
69
69

CWS $13.2 M 13204890.25 N/A

D 61
E
73
73
T
56
56
F
61
61

HUSE $67.83 M 67830465 Weak AUM and trading

D 58
E
64
64
T
60
60
F
58
58

LVUS $4.01 M 4012905 N/A

F 62
E
56
56
T
63
63
F
62
62

BVAL $2.35 M 2347500 N/A

F 41
E
46
46
T
57
57
F
41
41

NASH $8.14 M 8137829.219989 very thin investor interest

F 27
E
68
68
T
30
30
F
27
27

SQZZ $629.15 K 629152.5 N/A

F 26
E
44
44
T
0
-1
F
26
26

ULVM $103.8 M 103804600 N/A

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

RFFC $40.53 M 40525439.8406 N/A

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

RODI $36.97 M 36970557.84 new; trade with care

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

AIEQ $80.06 M 80062500 N/A

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

UDBI $3.37 M 3367780 N/A

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

BOSS $3.48 M 3477857.998407 N/A

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

MFUS $17.07 M 17068600 N/A

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

ETHO $23.67 M 23667000 N/A

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

RVRS $1.57 M 1572000 N/A

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

DEMS $1.58 M 1582767.206 N/A

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

MXDU $114.54 M 114535500 N/A

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

QMOM $44.18 M 44175000 N/A

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

ENTR $49.61 M 49606375 N/A

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

VSMV $4.09 M 4091250 N/A

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

PMOM $3.9 M 3895510.9699 N/A

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

MILN $13.53 M 13533947.855039 N/A

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

DWTR $66.29 M 66286478.207 new, trade with care

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

PBUS $2.66 M 2660426.604 N/A

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

LVHD $472.13 M 472129020 N/A

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

GVIP $68.29 M 68289000 N/A

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

DHVW $19.06 M 19056000 N/A

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

DIVB $2.59 M 2594980 N/A

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

ESG $14.09 M 14093252.6364 N/A

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

CNTR $3.3 M 3304733.047 High closure risk

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

USMF $2.76 M 2756330 N/A

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

TAXR $5.28 M 5282042.256 N/A

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

ESGU $17.44 M 17435940 N/A

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

DIVC $141.64 M 141640000 pays no dividends

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

WIL $36.79 M 36787709.75 trades poorly

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

OMFL $12.93 M 12931025.862 N/A

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

LOGO $2.34 M 2340337.384913 N/A

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

QVM $4.15 M 4150500 higher fee

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

ICAN $4.02 M 4023000 N/A

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

GOP $1.66 M 1657600 N/A

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

PY $8.03 M 8031207.1247 N/A

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

SWIN $10.31 M 10305423.8878 N/A

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

AMCA $4.05 M 4050345 N/A

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

OUSA $538.63 M 538626300 first launch by issuer

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

THRK $523.0 M 522999885.70433 for R3000, IWV far more liquid

A 99
E
98
98
T
79
79
F
99
99

TOFR $3.33 M 3330088.2 weak investor interest

C 54
E
77
77
T
51
51
F
54
54

ACTX $1.59 M 1587474.839208 N/A

D 65
E
66
66
T
55
55
F
65
65

PFV $1.38 M 1381500 N/A

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

KLD $586.58 M 586577310 higher fee; well established

A 85
E
90
90
T
91
91
F
85
85

JUNE $3.33 M 3328097.259997 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 12/07/17

Equity: U.S. - Total Market

Performance Dispersion
Performance  [as of 12/12/17] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
Benchmark: MSCI USA Investable Markets_net3.26%7.11%20.57%19.65%12.14%15.52%8.57%
A 99.285644VTI92302851295.09VTIVanguard Total Stock Market ETF3.33%7.17%20.36%19.52%12.03%15.48%8.65%
A 99.16178VTHR354264000VTHRVanguard Russell 3000 ETF3.33%7.22%20.02%19.40%11.83%15.22%--
A 99.110034IWV8385474440IWViShares Russell 3000 ETF3.31%7.15%20.20%19.28%11.91%15.33%8.27%
A 99.049602SCHB11259758304.9SCHBSchwab U.S. Broad Market ETF3.35%7.18%20.41%19.57%11.99%15.45%--
A 98.944157ITOT12470221650ITOTiShares Core S&P Total U.S. Stock Market ETF3.30%7.20%20.49%19.54%12.15%15.54%8.36%
A 98.940889SPTM769353646.47715SPTMSPDR Portfolio Total Stock Market ETF3.37%7.50%20.27%19.21%12.01%15.44%8.43%
A 97.21882IYY1139813325IYYiShares Dow Jones U.S. ETF3.31%7.19%20.65%19.67%11.84%14.83%7.04%
A 88.224522DSI979407000DSIiShares MSCI KLD 400 Social ETF2.90%6.47%20.08%18.91%10.96%15.10%7.93%
A 83.442568TILT1199521551.0668TILTFlexShares Morningstar US Market Factor Tilt Index Fund3.59%7.57%16.91%15.71%11.42%15.04%--
A 82.8935FNDB290356168.95FNDBSchwab Fundamental US Broad Market Index ETF4.05%8.12%15.69%14.25%10.74%----
A 81.946734SUSA636227150SUSAiShares MSCI USA ESG Select ETF3.03%5.40%21.59%19.96%11.30%14.84%7.69%
A 79.782463EUSA138010500EUSAiShares MSCI USA Equal Weighted ETF3.74%6.86%18.07%16.46%10.70%14.58%--
A 77.554648DGRO2571327010DGROiShares Core Dividend Growth ETF4.47%8.32%22.43%21.30%13.18%----
A 76.441408DTD629211480DTDWisdomTree U.S. Total Dividend Fund3.91%7.46%16.77%16.37%11.46%14.38%7.91%
A 75.637873LRGF768436800LRGFiShares Edge MSCI Multifactor USA ETF3.26%8.79%21.26%20.35%------
A 74.900536QUAL4159952530QUALiShares Edge MSCI USA Quality Factor ETF4.00%8.87%21.82%21.19%12.86%----
A 72.65061SIZE221962940SIZEiShares Edge MSCI USA Size Factor ETF3.77%6.36%18.35%17.49%11.44%----
A 69.718972DGRW1896756840DGRWWisdomTree US Quality Dividend Growth Fund4.64%9.37%25.95%25.21%13.33%----
A 68.897512MOAT1327236487.2MOATVanEck Vectors Morningstar Wide Moat ETF5.59%6.06%22.57%21.21%13.15%15.48%--
A 65.857102PDP1538610000PDPPowerShares DWA Momentum Portfolio1.09%5.56%22.27%20.99%9.16%13.37%6.81%
A 65.238681MTUM5275594530MTUMiShares Edge MSCI USA Momentum Factor ETF2.45%10.03%36.85%36.83%16.58%----
A 63.557818VIG27090647552.16VIGVanguard Dividend Appreciation ETF4.27%7.94%20.64%19.16%10.95%13.43%8.29%
A 60.973664PKW1343361000PKWPowerShares Buyback Achievers Portfolio5.19%8.48%16.60%14.84%9.56%15.55%10.16%
A 54.850738ONEQ1488245000ONEQFidelity NASDAQ Composite Tracking Stock1.83%6.71%28.61%27.75%15.12%19.26%10.98%
A 49.301294USMV15099388380USMViShares Edge MSCI Min Vol USA ETF2.62%4.65%18.70%18.68%12.33%14.83%--
B 90.182991EXT66751650EXTWisdomTree U.S. Total Earnings Fund4.14%9.14%21.45%20.72%11.82%15.49%8.74%
B 83.858633QUS69192990QUSSPDR MSCI USA StrategicFactors ETF3.64%7.40%20.93%20.30%------
B 83.317118MMTM22806492.8MMTMSPDR S&P 1500 Momentum Tilt ETF3.56%8.72%23.44%22.54%12.04%15.88%--
B 80.056365RFDA59710792.8534RFDARiverFront Dynamic U.S. Dividend Advantage ETF2.94%8.19%18.62%17.36%------
B 75.783231QDYN61331943.8085QDYNFlexShares Quality Dividend Dynamic Index Fund4.65%8.26%17.21%15.91%10.88%----
B 72.340203QDF1919888204.8572QDFFlexShares Quality Dividend Index Fund5.02%7.93%16.22%14.83%11.58%----
B 68.984054QDEF323955704.0756QDEFFlexShares Quality Dividend Defensive Index Fund4.32%8.00%16.12%15.19%11.20%----
B 68.016984NFO75225316.8NFOGuggenheim Insider Sentiment ETF3.35%7.73%27.42%27.28%10.91%13.68%8.22%
B 57.626144FPX966651535.196FPXFirst Trust U.S. Equity Opportunities ETF2.62%6.40%25.37%25.67%12.39%18.16%11.43%
B 53.869273PFM323244000PFMPowerShares Dividend Achievers Portfolio4.25%7.65%16.39%15.45%10.11%12.35%6.83%
B 52.324808KNOW240879461.2KNOWDirexion All Cap Insider Sentiment Shares4.76%8.75%14.23%12.82%11.91%16.66%--
B 52.214933BFOR203665275BFORALPS Barron's 400 ETF3.14%7.60%17.18%16.65%11.17%----
B 50.818825VUSE599400000VUSEVident Core US Equity Fund4.96%10.18%15.33%13.01%10.11%----
B 17.785622FFTY256854000FFTYInnovator IBD 50 ETF-1.27%5.74%35.74%35.74%------
C 79.338282WEXP795127.5WEXPWisdomTree U.S. Export and Multinational Fund1.94%4.87%19.20%19.11%------
C 72.013801GURU55603726.523498GURUGlobal X Guru Index ETF2.33%5.17%21.62%20.98%5.32%11.83%--
C 68.364351FLLV6030000FLLVFranklin Liberty U.S. Low Volatility ETF2.98%6.33%17.25%18.59%------
C 65.567939TUSA14717315.41TUSAFirst Trust Total US Market AlphaDEX ETF4.30%8.81%18.70%16.42%9.89%12.03%5.27%
C 65.191049DEF188552000DEFGuggenheim Defensive Equity ETF3.68%7.79%21.13%20.34%10.60%12.09%6.94%
C 64.284779ESGS4803240.54ESGSColumbia Sustainable U.S. Equity Income ETF6.23%7.59%16.82%15.12%------
C 59.789444TTAC38467500TTACTrimTabs All Cap U.S. Free-Cash-Flow ETF4.14%10.19%23.50%20.97%------
C 58.122564WUSA2344642.5WUSAWisdomTree U.S. Domestic Economy Fund8.34%8.83%15.26%13.88%------
C 55.892107IBLN15904500IBLNDirexion iBillionaire Index ETF1.46%4.72%27.22%25.48%8.85%----
C 55.541251PWC151353600PWCPowerShares Dynamic Market Portfolio0.74%7.28%17.82%16.78%10.62%15.40%7.34%
C 52.165434TTFS124744480TTFSAdvisorShares Wilshire Buyback ETF5.78%6.87%12.25%10.42%10.50%16.20%--
C 51.821072CSD209729250CSDGuggenheim S&P Spin-Off ETF2.92%5.17%19.68%19.51%7.64%13.30%7.18%
C 49.231854BUZ9577263.848BUZBUZZ US Sentiment Leaders ETF2.88%7.98%22.95%22.26%------
C 43.990064VAMO9956816.260008VAMOCambria Value & Momentum ETF0.97%4.68%3.65%2.70%------
C 39.993574RYJ191172885.102RYJGuggenheim Raymond James SB-1 Equity ETF2.72%7.33%10.94%10.49%9.42%13.74%8.75%
C 39.410531FVL58434897.576FVLFirst Trust Value Line 100 ETF2.14%8.56%9.13%6.45%6.71%12.87%3.12%
C 37.665615DWAQ50707000DWAQPowerShares DWA NASDAQ Momentum Portfolio-0.23%5.10%28.76%26.83%12.96%16.11%6.61%
C 29.341595IPO18291650IPORenaissance IPO ETF1.91%6.22%36.31%34.49%8.26%----
D 84.126309KRMA48375228.135803KRMAGlobal X Conscious Companies ETF3.62%8.00%20.85%19.61%------
D 72.113822ALFA25380000ALFAAlphaClone Alternative Alpha ETF0.36%2.09%19.52%18.05%0.67%8.97%--
D 68.510611WMW19693940WMWElements Morningstar Wide Moat Focus Total Return Index ETN2.93%6.46%19.62%18.70%11.92%14.56%12.37%
D 60.800085CWS13204890.25CWSAdvisorShares Focused Equity ETF5.52%9.30%19.94%18.52%------
D 57.555231HUSE67830465HUSEUS Market Rotation Strategy ETF0.67%3.63%11.97%10.52%8.20%13.15%--
F 62.101339LVUS4012905LVUSHartford Multifactor Low Volatility U.S. Equity ETF0%%-0.40%----------
F 40.594112BVAL2347500BVALBrand Value ETF7.42%4.90%----------
F 26.944299NASH8137829.219989NASHNashville Area ETF4.34%0.84%0.12%-1.07%-1.47%----
F 25.668824SQZZ629152.5SQZZActive Alts Contrarian ETF0.25%4.60%----------
N/A 0ULVM103804600ULVMUSAA MSCI USA Value Momentum Blend Index ETF3.09%------------
N/A 0RFFC40525439.8406RFFCRiverFront Dynamic U.S. Flex-Cap ETF4.21%9.28%20.07%18.78%------
N/A 0RODI36970557.84RODIBarclays Return on Disability ETN6.62%6.62%26.19%26.19%13.36%----
N/A 0AIEQ80062500AIEQAI Powered Equity ETF5.24%------------
N/A 0UDBI3367780UDBILegg Mason U.S. Diversified Core ETF3.72%8.53%19.48%17.79%------
N/A 0BOSS3477857.998407BOSSGlobal X Founder-Run Companies ETF2.78%6.51%----------
N/A 0ETHO23667000ETHOEtho Climate Leadership U.S. ETF3.14%7.54%23.16%21.51%------
N/A 0MFUS17068600MFUSPIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF4.70%8.70%----------
N/A 0RVRS1572000RVRSReverse Cap Weighted U.S. Large Cap ETF4.45%------------
N/A 0DEMS1582767.206DEMSDemocratic Policies Fund2.66%------------
N/A 0QMOM44175000QMOMMomentumShares U.S. Quantitative Momentum ETF0.48%7.65%15.14%13.40%------
N/A 0MXDU114535500MXDUNationwide Maximum Diversification U.S. Core Equity ETF3.91%------------
N/A 0ENTR49606375ENTRERShares Entrepreneur 30 ETF1.60%------------
N/A 0VSMV4091250VSMVVictoryShares U.S. Multi-Factor Minimum Volatility ETF3.66%9.21%----------
N/A 0PMOM3895510.9699PMOMPrincipal Sustainable Momentum Index ETF-0.04%------------
N/A 0MILN13533947.855039MILNGlobal X Millennials Thematic ETF3.82%6.63%23.58%20.57%------
N/A 0DWTR66286478.207DWTRPowerShares DWA Tactical Sector Rotation Portfolio0.81%7.48%16.75%14.76%------
N/A 0LVHD472129020LVHDLegg Mason Low Volatility High Dividend ETF3.69%5.36%13.16%12.55%------
N/A 0GVIP68289000GVIPGoldman Sachs Hedge Industry VIP ETF0.57%3.78%24.75%23.45%------
N/A 0DHVW19056000DHVWDiamond Hill Valuation-Weighted 500 ETF3.58%7.72%23.43%22.40%------
N/A 0PBUS2660426.604PBUSPowerShares PureBeta MSCI USA Portfolio1.59%------------
N/A 0DIVB2594980DIVBiShares U.S. Dividend and Buyback ETF4.26%------------
N/A 0ESG14093252.6364ESGFlexShares STOXX U.S. ESG Impact Index Fund3.53%7.42%20.52%19.93%------
N/A 0CNTR3304733.047CNTRPowerShares Contrarian Opportunities Portfolio7.11%11.93%11.52%8.95%9.20%----
N/A 0USMF2756330USMFWisdomTree U.S. Multifactor Fund3.77%7.07%----------
N/A 0TAXR5282042.256TAXRU.S. Tax Reform Fund5.26%------------
N/A 0ESGU17435940ESGUiShares MSCI USA ESG Optimized ETF2.85%6.68%20.16%22.32%------
N/A 0DIVC141640000DIVCC-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor0%%1.62%8.59%7.05%10.26%----
N/A 0WIL36787709.75WILBarclays Women in Leadership ETN3.15%6.54%12.99%12.38%7.74%----
N/A 0OMFL12931025.862OMFLOppenheimer Russell 1000 Dynamic Multifactor ETF3.29%------------
N/A 0LOGO2340337.384913LOGOGlobal X Iconic U.S. Brands ETF6.09%------------
N/A 0QVM4150500QVMArrow QVM Equity Factor ETF5.09%9.55%16.42%14.37%------
N/A 0ICAN4023000ICANSerenityShares IMPACT ETF3.13%2.34%----------
N/A 0PY8031207.1247PYPrincipal Shareholder Yield Index ETF5.63%8.45%16.18%14.71%------
N/A 0SWIN10305423.8878SWINALPS Dorsey Wright Sector Momentum ETF0.89%4.92%----------
N/A 0GOP1657600GOPRepublican Policies Fund2.44%------------
N/A 0OUSA538626300OUSAO'Shares FTSE US Quality Dividend ETF3.73%6.55%17.86%17.70%------
N/A 0AMCA4050345AMCAiShares Russell 1000 Pure U.S. Revenue ETF6.39%9.59%----------
A 99.060303THRK522999885.70433THRKSPDR Russell 3000 ETF2.44%4.65%15.12%22.08%13.12%14.63%7.48%
C 54.478876TOFR3330088.2TOFRStock Split Index Fund5.65%4.33%7.84%16.69%9.54%----
D 65.18016ACTX1587474.839208ACTXGlobal X Guru Activist Index ETF3.49%4.58%11.55%17.66%------
N/A 0PFV1381500PFVAmplify YieldShares Prime 5 Dividend ETF-1.32%0.24%2.01%--------
A 85.270858KLD586577310KLDiShares MSCI USA ESG Select ETF1.04%7.24%13.41%17.31%9.35%14.48%6.55%
N/A 0JUNE3328097.259997JUNEDhandho Junoon ETF0.09%-2.79%-2.24%9.40%------
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 12/13/17)

All Funds (117)

100
99.849951
99
99.44079
99
98.670221
99
98.658239
99
98.578128
98
98.424704
98
98.267431
98
98.219419
97
97.308071
97
97.30497
97
97.260205
97
96.647639
96
96.126731
96
95.622956
96
95.577025
94
94.137614
94
93.746229
92
91.560682
91
91.044822
90
90.220456
90
90.218274
90
90.167754
90
89.863804
89
89.045649
89
88.904621
89
88.709044
88
87.812244
88
87.797753
88
87.78553
88
87.755585
87
87.349851
86
86.418052
86
86.256762
86
85.955341
86
85.63499
85
85.010139
85
84.529779
84
84.213085
83
83.469925
82
81.949964
81
81.453988
79
79.411953
79
78.738026
79
78.717927
78
77.803043
77
76.982208
77
76.806066
76
76.22203
76
75.633584
76
75.521622
74
74.026141
74
73.505854
73
73.152911
72
72.07961
72
71.81137
71
71.381451
68
68.064198
66
65.680082
64
64.101315
60
60.00967
56
56.473783
46
45.728872
44
44.15322
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
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
98
97.930953
77
77.085007
66
66.162739
N/A
0
90
90.087596
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 12/07/17

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
LVUS Hartford Multifactor Low Volatility U.S. Equity ETF 0.29% -- -- -- 20.00% / 39.60% High 56.473783
MOAT VanEck Vectors Morningstar Wide Moat ETF 0.49% -0.59% -0.54% -0.76% 20.00% / 39.60% Low 87.755585
DTD WisdomTree U.S. Total Dividend Fund 0.28% -0.36% -0.10% -0.47% 20.00% / 39.60% Low 91.044822
AIEQ AI Powered Equity ETF 0.75% -- -- -- 20.00% / 39.60% Low 0
QDF FlexShares Quality Dividend Index Fund 0.37% -0.70% -0.47% -1.18% 20.00% / 39.60% Low 84.213085
UDBI Legg Mason U.S. Diversified Core ETF 0.30% -- -- -- 20.00% / 39.60% High 0
FLLV Franklin Liberty U.S. Low Volatility ETF 0.50% -- -- -- 20.00% / 39.60% High 75.521622
HUSE US Market Rotation Strategy ETF 1.22% -- -- -- 20.00% / 39.60% Low 64.101315
ALFA AlphaClone Alternative Alpha ETF 0.98% -0.87% 0.01% -1.81% 20.00% / 39.60% High 60.00967
BVAL Brand Value ETF 0.65% -- -- -- 20.00% / 39.60% High 45.728872
MTUM iShares Edge MSCI USA Momentum Factor ETF 0.15% -0.28% -0.22% -0.31% 20.00% / 39.60% Low 98.578128
VTHR Vanguard Russell 3000 ETF 0.15% -0.16% -0.12% -0.38% 20.00% / 39.60% Low 96.126731
DWAQ PowerShares DWA NASDAQ Momentum Portfolio 0.60% -0.71% -0.59% -0.81% 20.00% / 39.60% Medium 85.955341
DEMS Democratic Policies Fund 0.75% -- -- -- 20.00% / 39.60% Low 0
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.37% -0.43% -0.32% -0.58% 20.00% / 39.60% Low 87.78553
BUZ BUZZ US Sentiment Leaders ETF 0.75% -0.56% -0.48% -0.65% 20.00% / 39.60% High 75.633584
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 0.59% -- -- -- 20.00% / 39.60% High 77.803043
IBLN Direxion iBillionaire Index ETF 0.59% -1.11% -0.63% -1.54% 20.00% / 39.60% High 72.07961
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.25% -0.30% 0.06% -0.56% 20.00% / 39.60% Low 91.560682
BFOR ALPS Barron's 400 ETF 0.65% -0.64% -0.55% -0.78% 20.00% / 39.60% Low 86.418052
VSMV VictoryShares U.S. Multi-Factor Minimum Volatility ETF 0.35% -- -- -- 20.00% / 39.60% Low 0
NASH Nashville Area ETF 0.49% 0.43% 0.98% -0.19% 20.00% / 39.60% High 68.064198
VTI Vanguard Total Stock Market ETF 0.04% -0.01% 0.01% -0.03% 20.00% / 39.60% Low 99.849951
DWTR PowerShares DWA Tactical Sector Rotation Portfolio 0.75% -- -- -- 20.00% / 39.60% Low 0
PMOM Principal Sustainable Momentum Index ETF 0.29% -- -- -- 20.00% / 39.60% Low 0
QUAL iShares Edge MSCI USA Quality Factor ETF 0.15% -0.21% -0.18% -0.24% 20.00% / 39.60% Low 98.219419
MILN Global X Millennials Thematic ETF 0.50% -- -- -- 20.00% / 39.60% High 0
GVIP Goldman Sachs Hedge Industry VIP ETF 0.45% -- -- -- 20.00% / 39.60% Low 0
IPO Renaissance IPO ETF 0.60% 0.66% 1.44% -0.53% 20.00% / 39.60% High 73.505854
CNTR PowerShares Contrarian Opportunities Portfolio 0.35% -- -- -- 20.00% / 39.60% Closing 0
USMF WisdomTree U.S. Multifactor Fund 0.28% -- -- -- 20.00% / 39.60% Low 0
NFO Guggenheim Insider Sentiment ETF 0.67% -0.40% -0.33% -0.56% 20.00% / 39.60% Low 88.904621
VUSE Vident Core US Equity Fund 0.55% -0.03% 0.33% -0.16% 20.00% / 39.60% Low 85.63499
EUSA iShares MSCI USA Equal Weighted ETF 0.15% -0.20% -0.16% -0.28% 20.00% / 39.60% Low 98.658239
TAXR U.S. Tax Reform Fund 0.85% -- -- -- 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 95.577025
ESGU iShares MSCI USA ESG Optimized ETF 0.15% -- -- -- 20.00% / 39.60% High 0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.03% -0.07% 0.10% -0.10% 20.00% / 39.60% Low 100
TTFS AdvisorShares Wilshire Buyback ETF 0.90% -- -- -- 20.00% / 39.60% Low 76.982208
CSD Guggenheim S&P Spin-Off ETF 0.65% 1.19% 1.90% -0.67% 20.00% / 39.60% Low 74.026141
SUSA iShares MSCI USA ESG Select ETF 0.50% -0.62% -0.58% -0.71% 20.00% / 39.60% Low 90.167754
ONEQ Fidelity NASDAQ Composite Tracking Stock 0.21% -0.24% 0.06% -0.38% 20.00% / 39.60% Low 97.30497
WIL Barclays Women in Leadership ETN 0.45% -- -- -- 20.00% / 39.60% Medium 0
RFDA RiverFront Dynamic U.S. Dividend Advantage ETF 0.52% -- -- -- 20.00% / 39.60% Low 87.812244
EXT WisdomTree U.S. Total Earnings Fund 0.28% -0.56% -0.39% -1.03% 20.00% / 39.60% Low 89.863804
LOGO Global X Iconic U.S. Brands ETF 0.48% -- -- -- 20.00% / 39.60% Low 0
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% High 0
IWV iShares Russell 3000 ETF 0.20% -0.19% -0.17% -0.23% 20.00% / 39.60% Low 97.308071
TUSA First Trust Total US Market AlphaDEX ETF 0.70% -0.90% -0.78% -1.11% 20.00% / 39.60% High 78.738026
DEF Guggenheim Defensive Equity ETF 0.60% -0.58% -0.41% -1.72% 20.00% / 39.60% Low 71.81137
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 0.15% -- -- -- 20.00% / 39.60% Low 0
OUSA O'Shares FTSE US Quality Dividend ETF 0.48% -- -- -- 20.00% / 39.60% Low 0
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN 0.75% -0.98% -0.88% -1.13% 20.00% / 39.60% High 76.22203
RFFC RiverFront Dynamic U.S. Flex-Cap ETF 0.52% -- -- -- 20.00% / 39.60% Medium 0
FFTY Innovator IBD 50 ETF 0.80% -- -- -- 20.00% / 39.60% Low 78.717927
ULVM USAA MSCI USA Value Momentum Blend Index ETF 0.20% -- -- -- 20.00% / 39.60% Low 0
RODI Barclays Return on Disability ETN 0.45% -0.55% -0.50% -0.61% 20.00% / 39.60% Medium 0
BOSS Global X Founder-Run Companies ETF 0.65% -- -- -- 20.00% / 39.60% High 0
IYY iShares Dow Jones U.S. ETF 0.20% -0.24% -0.21% -0.31% 20.00% / 39.60% Low 97.260205
USMV iShares Edge MSCI Min Vol USA ETF 0.15% -0.18% -0.16% -0.23% 20.00% / 39.60% Low 98.267431
DGRO iShares Core Dividend Growth ETF 0.08% -0.08% -0.04% -0.16% 20.00% / 39.60% Low 100
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.29% -- -- -- 20.00% / 39.60% Low 0
PDP PowerShares DWA Momentum Portfolio 0.64% -0.76% -0.68% -0.85% 20.00% / 39.60% Low 89.045649
ETHO Etho Climate Leadership U.S. ETF 0.49% -- -- -- 20.00% / 39.60% High 0
ESGS Columbia Sustainable U.S. Equity Income ETF 0.35% -- -- -- 20.00% / 39.60% High 81.949964
RVRS Reverse Cap Weighted U.S. Large Cap ETF 0.29% -- -- -- 20.00% / 39.60% Low 0
WEXP WisdomTree U.S. Export and Multinational Fund 0.33% 0.34% 0.41% 0.20% 20.00% / 39.60% High 87.797753
DGRW WisdomTree US Quality Dividend Growth Fund 0.28% -0.39% -0.31% -0.49% 20.00% / 39.60% Low 94.137614
MXDU Nationwide Maximum Diversification U.S. Core Equity ETF 0.34% -- -- -- 20.00% / 39.60% Low 0
PFM PowerShares Dividend Achievers Portfolio 0.55% -0.63% -0.59% -0.67% 20.00% / 39.60% Low 90.220456
QMOM MomentumShares U.S. Quantitative Momentum ETF 0.79% -- -- -- 20.00% / 39.60% High 0
KRMA Global X Conscious Companies ETF 0.43% -- -- -- 20.00% / 39.60% Low 65.680082
FNDB Schwab Fundamental US Broad Market Index ETF 0.25% -0.31% -0.23% -0.41% 20.00% / 39.60% Low 95.622956
ENTR ERShares Entrepreneur 30 ETF 0.49% -- -- -- 20.00% / 39.60% Low 0
WUSA WisdomTree U.S. Domestic Economy Fund 0.33% 0.14% 0.43% -0.01% 20.00% / 39.60% High 87.349851
KNOW Direxion All Cap Insider Sentiment Shares 0.59% 1.18% 1.49% 0.82% 20.00% / 39.60% Low 84.529779
DHVW Diamond Hill Valuation-Weighted 500 ETF 0.10% -- -- -- 20.00% / 39.60% High 0
PBUS PowerShares PureBeta MSCI USA Portfolio 0.04% -- -- -- 20.00% / 39.60% Low 0
PKW PowerShares Buyback Achievers Portfolio 0.63% -0.76% -0.70% -0.88% 20.00% / 39.60% Low 88.709044
LVHD Legg Mason Low Volatility High Dividend ETF 0.27% -- -- -- 20.00% / 39.60% Low 0
ESG FlexShares STOXX U.S. ESG Impact Index Fund 0.32% -- -- -- 20.00% / 39.60% High 0
FPX First Trust U.S. Equity Opportunities ETF 0.60% -0.70% -0.60% -0.77% 20.00% / 39.60% Low 86.256762
DIVB iShares U.S. Dividend and Buyback ETF 0.25% -- -- -- 20.00% / 39.60% Low 0
RYJ Guggenheim Raymond James SB-1 Equity ETF 0.75% -0.82% -0.55% -1.02% 20.00% / 39.60% Low 81.453988
SQZZ Active Alts Contrarian ETF 1.95% -- -- -- 20.00% / 39.60% High 44.15322
LRGF iShares Edge MSCI Multifactor USA ETF 0.20% -0.23% -0.10% -0.34% 20.00% / 39.60% Low 96.647639
VAMO Cambria Value & Momentum ETF 0.59% -- -- -- 20.00% / 39.60% High 76.806066
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor 0.70% -0.49% -0.30% -0.58% 20.00% / 39.60% Low 0
SPTM SPDR Portfolio Total Stock Market ETF 0.03% -0.11% 0.12% -0.18% 20.00% / 39.60% Low 99.44079
PWC PowerShares Dynamic Market Portfolio 0.60% -0.86% 0.52% -1.70% 20.00% / 39.60% Low 71.381451
CWS AdvisorShares Focused Equity ETF 0.75% -- -- -- 20.00% / 39.60% High 73.152911
FVL First Trust Value Line 100 ETF 0.70% -1.32% -1.08% -1.75% 20.00% / 39.60% Low 79.411953
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 0.29% -- -- -- 20.00% / 39.60% Low 0
SCHB Schwab U.S. Broad Market ETF 0.03% -0.02% 0.02% -0.08% 20.00% / 39.60% Low 100
ICAN SerenityShares IMPACT ETF 0.50% -- -- -- 20.00% / 39.60% High 0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.12% -0.05% 0.05% -0.12% 20.00% / 39.60% High 93.746229
VIG Vanguard Dividend Appreciation ETF 0.08% -0.05% -0.03% -0.10% 20.00% / 39.60% Low 98.670221
DSI iShares MSCI KLD 400 Social ETF 0.50% -0.61% -0.56% -0.69% 20.00% / 39.60% Low 90.218274
GOP Republican Policies Fund 0.75% -- -- -- 20.00% / 39.60% Low 0
QDEF FlexShares Quality Dividend Defensive Index Fund 0.37% -0.83% -0.50% -1.08% 20.00% / 39.60% Low 85.010139
PY Principal Shareholder Yield Index ETF 0.29% -- -- -- 20.00% / 39.60% High 0
GURU Global X Guru Index ETF 0.75% -0.12% 0.00% -0.43% 20.00% / 39.60% Low 83.469925
SIZE iShares Edge MSCI USA Size Factor ETF 0.15% -0.18% -0.16% -0.23% 20.00% / 39.60% Low 98.424704
THRK SPDR Russell 3000 ETF -0.09% 0.13% -0.18% 20.00% / 39.60% Low 97.930953
TOFR Stock Split Index Fund -0.69% -0.63% -0.91% 20.00% / 39.60% High 77.085007
ACTX Global X Guru Activist Index ETF -0.36% -0.05% -1.81% 20.00% / 39.60% High 66.162739
PFV Amplify YieldShares Prime 5 Dividend ETF -- -- -- 20.00% / 39.60% High 0
KLD iShares MSCI USA ESG Select ETF -0.61% -0.52% -0.71% 20.00% / 39.60% Low 90.087596
JUNE Dhandho Junoon ETF -- -- -- 20.00% / 39.60% Closing 0
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 12/13/17)

All Funds (117)

100
99.78687
100
99.603536
100
99.591248
99
99.399526
99
99.152098
99
99.062825
99
98.881743
99
98.857287
99
98.568241
98
98.350186
98
98.268468
98
97.85582
98
97.630272
98
97.620893
98
97.550333
97
97.17741
97
97.129088
97
96.921353
96
96.002588
95
95.137687
95
94.968589
94
93.620479
93
92.941057
90
89.861471
88
88.354139
83
82.745796
80
80.374661
80
80.039052
80
79.888529
77
76.722538
76
76.21644
76
75.852351
75
74.682143
73
73.171641
73
72.624348
72
72.129167
72
72.115656
70
69.717641
69
68.866262
68
67.896237
67
67.469512
67
67.132766
67
66.924656
67
66.759539
67
66.540426
65
65.292771
65
64.807087
64
64.072813
63
63.458622
63
62.680155
62
61.874074
62
61.754096
61
61.388646
61
61.166929
60
60.467098
60
59.893985
60
59.551978
57
57.422266
57
56.980254
56
56.088018
52
51.961029
41
41.323725
38
38.288199
33
33.096287
30
29.857366
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
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
79
79.134173
51
50.989673
55
54.790504
N/A
0
91
91.470624
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 12/07/17

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
RFFC RiverFront Dynamic U.S. Flex-Cap ETF $149.42 K 0.20% 0.09 100.00% 0.03% 0.03% None 0
LVUS Hartford Multifactor Low Volatility U.S. Equity ETF $0 0.23% 0 100.00% 0.02% 0.05% None 62.680155
FFTY Innovator IBD 50 ETF $8.83 M 0.10% 5.33 100.00% 0.08% 0.03% None 96.002588
ULVM USAA MSCI USA Value Momentum Blend Index ETF $440.56 K 0.09% -- 100.00% 0.01% 0.02% None 0
MOAT VanEck Vectors Morningstar Wide Moat ETF $3.09 M 0.07% 1.51 100.00% 0.03% 0.02% None 97.630272
RODI Barclays Return on Disability ETN $0 7.29% 0 0.00%% -- 0.00%% None 0
ESGS Columbia Sustainable U.S. Equity Income ETF $5.64 K 0.29% 0.00 100.00% 0.01% 0.03% None 61.388646
ALFA AlphaClone Alternative Alpha ETF $47.96 K 0.26% 0.02 100.00% 0.20% 0.01% None 61.874074
BVAL Brand Value ETF $3.37 K 0.40% 0.00 100.00% 0.04% 0.03% None 57.422266
RVRS Reverse Cap Weighted U.S. Large Cap ETF $34.72 K 0.21% -- 100.00% 0.00% 0.06% None 0
MTUM iShares Edge MSCI USA Momentum Factor ETF $41.22 M 0.03% 8.29 100.00% 0.02% 0.01% None 99.399526
VTHR Vanguard Russell 3000 ETF $562.34 K 0.05% 0.19 100.00% 0.00% 0.07% None 82.745796
KRMA Global X Conscious Companies ETF $69.34 K 0.21% 0.07 100.00% 0.00% 0.08% None 64.807087
BFOR ALPS Barron's 400 ETF $297.31 K 0.17% 0.15 100.00% 0.05% 0.02% None 72.624348
VSMV VictoryShares U.S. Multi-Factor Minimum Volatility ETF $0 0.24% 0 100.00% 0.02% 0.02% None 0
FNDB Schwab Fundamental US Broad Market Index ETF $532.03 K 0.14% 0.30 100.00% 0.00% 0.05% None 80.039052
ENTR ERShares Entrepreneur 30 ETF $585.83 K 0.17% -- -- -- 0.03% None 0
NASH Nashville Area ETF $8.09 K 0.94% 0.00 100.00% 0.98% 0.04% None 29.857366
VTI Vanguard Total Stock Market ETF $254.78 M 0.01% 19.32 100.00% 0.01% 0.00% None 99.78687
ESG FlexShares STOXX U.S. ESG Impact Index Fund $18.51 K 0.21% 0.01 100.00% 0.00% 0.02% None 0
CNTR PowerShares Contrarian Opportunities Portfolio $0 0.23% 0 100.00% 0.08% 0.03% None 0
USMF WisdomTree U.S. Multifactor Fund $4.5 K 0.29% 0.00 100.00% 0.01% 0.03% None 0
FPX First Trust U.S. Equity Opportunities ETF $2.88 M 0.05% 0.87 98.00% 0.07% 0.01% None 97.129088
DIVB iShares U.S. Dividend and Buyback ETF $66.53 K 0.15% -- 100.00% 0.00% 0.08% None 0
NFO Guggenheim Insider Sentiment ETF $99.16 K 0.17% 0.03 100.00% 0.09% 0.02% None 66.540426
RYJ Guggenheim Raymond James SB-1 Equity ETF $247.54 K 0.23% 0.12 100.00% 0.13% 0.05% None 67.896237
VUSE Vident Core US Equity Fund $990.92 K 0.21% 0.30 100.00% 0.05% 0.02% None 89.861471
WIL Barclays Women in Leadership ETN $0 0.40% 0.00 0.00%% -- 0.00%% None 0
CWS AdvisorShares Focused Equity ETF $21.07 K 0.44% 0.02 100.00% 0.06% 0.06% None 56.088018
CSD Guggenheim S&P Spin-Off ETF $469.81 K 0.17% 0.18 100.00% 0.14% 0.02% None 75.852351
SUSA iShares MSCI USA ESG Select ETF $1.35 M 0.08% 0.25 100.00% 0.05% 0.01% None 93.620479
FVL First Trust Value Line 100 ETF $97.02 K 0.17% 0.08 100.00% 0.03% 0.04% None 66.924656
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF $5.04 K 0.04% -- 100.00% 0.00% 0.14% None 0
ONEQ Fidelity NASDAQ Composite Tracking Stock $7.21 M 0.13% 2.78 100.00% 0.01% 0.07% None 95.137687
SCHB Schwab U.S. Broad Market ETF $22.52 M 0.03% 7.21 100.00% 0.00% 0.05% None 98.857287
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN $19.07 K 2.44% 0.00 100.00% -- 0.00%% Potential 33.096287
DEF Guggenheim Defensive Equity ETF $402.29 K 0.14% 0.17 100.00% 0.02% 0.02% None 76.722538
AMCA iShares Russell 1000 Pure U.S. Revenue ETF $17.07 K 0.18% 0.00 100.00% 0.00% 0.09% None 0
GURU Global X Guru Index ETF $188.81 K 0.20% 0.13 100.00% 0.03% 0.02% None 68.866262
OUSA O'Shares FTSE US Quality Dividend ETF $1.22 M 0.10% 0.80 100.00% 0.01% 0.03% None 0
SIZE iShares Edge MSCI USA Size Factor ETF $257.39 K 0.11% 0.06 100.00% 0.01% 0.04% None 73.171641
ETHO Etho Climate Leadership U.S. ETF $83.7 K 0.45% 0.05 100.00% 0.02% 0.04% None 0
FLLV Franklin Liberty U.S. Low Volatility ETF $10.11 K 0.23% 0.00 100.00% 0.02% 0.02% None 63.458622
DGRO iShares Core Dividend Growth ETF $13.11 M 0.04% 7.75 100.00% 0.00% 0.05% None 98.568241
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF $33.56 K 0.16% 0.01 100.00% 0.00% 0.08% None 0
HUSE US Market Rotation Strategy ETF $153.67 K 0.19% 0.15 100.00% 0.14% 0.02% None 59.551978
PDP PowerShares DWA Momentum Portfolio $2.99 M 0.06% 1.19 100.00% 0.05% 0.02% None 97.620893
QMOM MomentumShares U.S. Quantitative Momentum ETF $30.36 K 0.15% 0.01 99.00% 0.06% 0.02% None 0
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF $83.17 K 0.16% 0.10 100.00% 0.02% 0.06% None 67.132766
DGRW WisdomTree US Quality Dividend Growth Fund $5.15 M 0.04% 2.63 100.00% 0.01% 0.02% None 98.881743
MXDU Nationwide Maximum Diversification U.S. Core Equity ETF $0 0.20% 0 100.00% 0.00% 0.04% None 0
IBLN Direxion iBillionaire Index ETF $38.2 K 0.20% 0.02 100.00% 0.01% 0.02% None 65.292771
PFM PowerShares Dividend Achievers Portfolio $442.82 K 0.12% 0.34 100.00% 0.00% 0.04% None 79.888529
TILT FlexShares Morningstar US Market Factor Tilt Index Fund $1.18 M 0.10% 0.21 100.00% 0.01% 0.03% None 92.941057
LVHD Legg Mason Low Volatility High Dividend ETF $1.65 M 0.12% 1.08 100.00% 0.02% 0.02% None 0
GVIP Goldman Sachs Hedge Industry VIP ETF $444.94 K 0.17% 0.17 100.00% 0.03% 0.01% None 0
DHVW Diamond Hill Valuation-Weighted 500 ETF $122.38 K 0.12% 0.08 100.00% 0.00% 0.03% None 0
PBUS PowerShares PureBeta MSCI USA Portfolio $0 0.35% -- 100.00% 0.00% 0.08% None 0
IPO Renaissance IPO ETF $98.65 K 0.33% 0.07 100.00% 0.15% 0.04% None 61.166929
PKW PowerShares Buyback Achievers Portfolio $2.46 M 0.04% 0.87 100.00% 0.02% 0.02% None 97.85582
ESGU iShares MSCI USA ESG Optimized ETF $164.34 K 0.15% 0.04 100.00% 0.00% 0.03% None 0
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor $0 0.77% 0 0.00%% -- 0.10% Potential 0
SPTM SPDR Portfolio Total Stock Market ETF $7.36 M 0.05% 4.53 100.00% 0.00% 0.03% None 98.350186
ITOT iShares Core S&P Total U.S. Stock Market ETF $32.7 M 0.03% 10.97 100.00% 0.00% 0.10% None 97.550333
PWC PowerShares Dynamic Market Portfolio $148.51 K 0.17% 0.03 100.00% 0.21% 0.01% None 66.759539
TTFS AdvisorShares Wilshire Buyback ETF $262.71 K 0.16% 0.15 100.00% 0.03% 0.03% None 72.129167
PY Principal Shareholder Yield Index ETF $0 0.12% 0 100.00% 0.02% 0.03% None 0
SWIN ALPS Dorsey Wright Sector Momentum ETF $29.66 K 0.37% 0.02 100.00% 0.04% 0.03% None 0
DSI iShares MSCI KLD 400 Social ETF $2.99 M 0.04% 0.63 100.00% 0.01% 0.02% None 96.921353
GOP Republican Policies Fund $6.27 K 0.32% -- 100.00% 0.06% 0.10% None 0
IWV iShares Russell 3000 ETF $29.65 M 0.01% 3.82 100.00% 0.01% 0.04% None 99.152098
QDEF FlexShares Quality Dividend Defensive Index Fund $357.6 K 0.10% 0.17 100.00% 0.03% 0.03% None 76.21644
TUSA First Trust Total US Market AlphaDEX ETF $31.66 K 0.63% 0.02 100.00% 0.00% 0.03% None 51.961029
UDBI Legg Mason U.S. Diversified Core ETF $0 0.44% 0 100.00% 0.01% 0.05% None 0
BOSS Global X Founder-Run Companies ETF $10.76 K 0.86% 0.01 100.00% 0.02% 0.09% None 0
DTD WisdomTree U.S. Total Dividend Fund $798.32 K 0.07% 0.18 100.00% 0.03% 0.05% None 88.354139
AIEQ AI Powered Equity ETF $3.26 M 0.11% 5.07 100.00% 0.08% 0.04% None 0
IYY iShares Dow Jones U.S. ETF $2.45 M 0.04% 0.38 100.00% 0.01% 0.05% None 94.968589
QDF FlexShares Quality Dividend Index Fund $2.41 M 0.04% 1.11 100.00% 0.03% 0.03% None 98.268468
USMV iShares Edge MSCI Min Vol USA ETF $48.09 M 0.02% 9.27 100.00% 0.02% 0.01% None 99.591248
BUZ BUZZ US Sentiment Leaders ETF $86.43 K 0.16% 0.05 100.00% 0.01% 0.03% None 67.469512
WEXP WisdomTree U.S. Export and Multinational Fund $0 0.92% 0 100.00% 0.00% 0.08% None 41.323725
DWAQ PowerShares DWA NASDAQ Momentum Portfolio $185.58 K 0.39% 0.03 99.00% 0.28% 0.01% None 59.893985
DEMS Democratic Policies Fund $2.24 K 0.22% 0.00 100.00% 0.10% 0.09% None 0
QDYN FlexShares Quality Dividend Dynamic Index Fund $59.52 K 0.24% 0.02 100.00% 0.03% 0.03% None 64.072813
MILN Global X Millennials Thematic ETF $125.61 K 0.25% 0.13 100.00% 0.01% 0.08% None 0
WUSA WisdomTree U.S. Domestic Economy Fund $0 1.80% 0 100.00% 0.00% 0.08% None 38.288199
DWTR PowerShares DWA Tactical Sector Rotation Portfolio $88.34 K 0.41% 0.06 100.00% 210.51% 0.04% None 0
PMOM Principal Sustainable Momentum Index ETF $0 0.10% -- 100.00% 0.02% 0.03% None 0
KNOW Direxion All Cap Insider Sentiment Shares $610.69 K 0.15% 0.29 100.00% 0.10% 0.02% None 80.374661
QUAL iShares Edge MSCI USA Quality Factor ETF $10.32 M 0.03% 2.57 100.00% 0.02% 0.01% None 99.062825
SQZZ Active Alts Contrarian ETF $2.51 K 0.71% 0.00 100.00% 0.11% 0.04% None 0
EUSA iShares MSCI USA Equal Weighted ETF $260.65 K 0.05% 0.09 100.00% 0.00% 0.05% None 74.682143
TAXR U.S. Tax Reform Fund $138.3 K 0.25% -- 100.00% 0.12% 0.09% None 0
LRGF iShares Edge MSCI Multifactor USA ETF $2.54 M 0.09% 1.63 100.00% 0.01% 0.03% None 97.17741
QUS SPDR MSCI USA StrategicFactors ETF $231.89 K 0.12% 0.05 100.00% 0.01% 0.04% None 72.115656
VAMO Cambria Value & Momentum ETF $35.03 K 0.23% 0.02 100.00% 0.14% 0.06% None 61.754096
RFDA RiverFront Dynamic U.S. Dividend Advantage ETF $237.63 K 0.20% 0.16 100.00% 0.02% 0.03% None 69.717641
ICAN SerenityShares IMPACT ETF $19.08 K 0.21% 0.01 100.00% 0.03% 0.04% None 0
EXT WisdomTree U.S. Total Earnings Fund $98.42 K 0.30% 0.06 100.00% 0.00% 0.19% None 60.467098
LOGO Global X Iconic U.S. Brands ETF $6.67 K 0.31% -- 100.00% 0.00% 0.04% None 0
MMTM SPDR S&P 1500 Momentum Tilt ETF $68.98 K 0.48% 0.01 100.00% 0.01% 0.05% None 56.980254
QVM Arrow QVM Equity Factor ETF $0 0.26% 0.00 100.00% 0.23% 0.04% None 0
VIG Vanguard Dividend Appreciation ETF $42.02 M 0.01% 17.34 100.00% 0.02% 0.01% None 99.603536
THRK SPDR Russell 3000 ETF $537.93 K 0.06 100.00% 0.01% 0.03% None 79.134173
TOFR Stock Split Index Fund $3.7 K 0.00 100.00% 0.60% 0.04% None 50.989673
ACTX Global X Guru Activist Index ETF $4.6 K 0.00 100.00% 0.02% 0.06% None 54.790504
PFV Amplify YieldShares Prime 5 Dividend ETF $0 0 100.00% 3.13% 0.04% None 0
KLD iShares MSCI USA ESG Select ETF $1.41 M 0.27 100.00% 0.04% 0.01% None 91.470624
JUNE Dhandho Junoon ETF $17.17 K 0.02 100.00% 0.09% 0.08% 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

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
ONEQ
5
4
3
2
1
CSD
5
4
3
2
1
SUSA
5
4
3
2
1
OUSA
5
4
3
2
1
DEF
5
4
3
2
1
AMCA
5
4
3
2
1
ETHO
5
4
3
2
1
PDP
5
4
3
2
1
DGRO
5
4
3
2
1
MFUS
5
4
3
2
1
PFM
5
4
3
2
1
DGRW
5
4
3
2
1
LVHD
5
4
3
2
1
PKW
5
4
3
2
1
DHVW
5
4
3
2
1
PWC
5
4
3
2
1
SPTM
5
4
3
2
1
QDEF
5
4
3
2
1
DSI
5
4
3
2
1
AIEQ
5
4
3
2
1
QDF
5
4
3
2
1
DTD
5
4
3
2
1
BUZ
5
4
3
2
1
QDYN
5
4
3
2
1
DWAQ
5
4
3
2
1
MILN
5
4
3
2
1
QUAL
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
FFTY
5
4
3
2
1
KRMA
5
4
3
2
1
FNDB
5
4
3
2
1
ESG
5
4
3
2
1
RYJ
5
4
3
2
1
FPX
5
4
3
2
1
SCHB
5
4
3
2
1
FVL
5
4
3
2
1
SIZE
5
4
3
2
1
GURU
5
4
3
2
1
IBLN
5
4
3
2
1
TTAC
5
4
3
2
1
TILT
5
4
3
2
1
GVIP
5
4
3
2
1
ITOT
5
4
3
2
1
ESGU
5
4
3
2
1
TTFS
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
KNOW
5
4
3
2
1
LRGF
5
4
3
2
1
MMTM
5
4
3
2
1
VIG
5
4
3
2
1
LVUS
5
4
3
2
1
ALFA
5
4
3
2
1
BVAL
5
4
3
2
1
VSMV
5
4
3
2
1
NFO
5
4
3
2
1
CNTR
5
4
3
2
1
USMF
5
4
3
2
1
QMOM
5
4
3
2
1
MXDU
5
4
3
2
1
PY
5
4
3
2
1
UDBI
5
4
3
2
1
DEMS
5
4
3
2
1
QVM
5
4
3
2
1
ESGS
5
4
3
2
1
CWS
5
4
3
2
1
HUSE
5
4
3
2
1
FLLV
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
NASH
5
4
3
2
1
DWTR
5
4
3
2
1
WMW
5
4
3
2
1
DIVC
5
4
3
2
1
ICAN
5
4
3
2
1
WIL
5
4
3
2
1
PBUS
5
4
3
2
1
GOP
5
4
3
2
1
PMOM
5
4
3
2
1
TAXR
5
4
3
2
1
LOGO
5
4
3
2
1
ULVM
5
4
3
2
1
RODI
5
4
3
2
1
RVRS
5
4
3
2
1
ENTR
5
4
3
2
1
DIVB
5
4
3
2
1
OMFL
5
4
3
2
1
THRK
5
4
3
2
1
TOFR
5
4
3
2
1
ACTX
5
4
3
2
1
PFV
5
4
3
2
1
KLD
5
4
3
2
1
JUNE
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 12/13/17)

All Funds (117)

99
99.285644
99
99.16178
99
99.110034
99
99.049602
99
98.944157
99
98.940889
97
97.21882
90
90.182991
88
88.224522
84
84.126309
84
83.858633
83
83.442568
83
83.317118
83
82.8935
82
81.946734
80
80.056365
80
79.782463
79
79.338282
78
77.554648
76
76.441408
76
75.783231
76
75.637873
75
74.900536
73
72.65061
72
72.340203
72
72.113822
72
72.013801
70
69.718972
69
68.984054
69
68.897512
69
68.510611
68
68.364351
68
68.016984
66
65.857102
66
65.567939
65
65.238681
65
65.191049
64
64.284779
64
63.557818
62
62.101339
61
60.973664
61
60.800085
60
59.789444
58
58.122564
58
57.626144
58
57.555231
56
55.892107
56
55.541251
55
54.850738
54
53.869273
52
52.324808
52
52.214933
52
52.165434
52
51.821072
51
50.818825
49
49.301294
49
49.231854
44
43.990064
41
40.594112
40
39.993574
39
39.410531
38
37.665615
29
29.341595
27
26.944299
26
25.668824
18
17.785622
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
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
99
99.060303
54
54.478876
65
65.18016
N/A
0
85
85.270858
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 12/07/17

Equity: U.S. - Total Market