Equity: U.S. - Total Market

IPO Top Performer Intra-day
Price $27.82
Today’s Change +0.59%(2.15)
2:12pm 10/20/2017
SQZZ Bottom Performer Intra-day
Price $25.01
Today’s Change -0.07%(-0.29)
10:14am 10/20/2017
  • 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 10/20/17)

All Funds (106)

VTHR $364.22 M 364219000 thin trading volume

A 99
E
96
96
T
91
91
F
99
99

VTI $86.38 B 86383419251.8 Cheap and highly liquid

A 99
E
100
100
T
100
100
F
99
99

IWV $8.05 B 8049455550 large and liquid

A 99
E
98
98
T
99
99
F
99
99

SCHB $10.67 B 10669930177.2 Cheap, easy to trade

A 99
E
100
100
T
99
99
F
99
99

SPTM $521.09 M 521090442.65202 for R3000, IWV far more liquid

A 99
E
98
98
T
79
79
F
99
99

ITOT $11.8 B 11798434675 low all in costs

A 99
E
100
100
T
98
98
F
99
99

IYY $1.1 B 1101156040 slightly higher costs than some

A 97
E
97
97
T
95
95
F
97
97

DSI $927.31 M 927305400 not cheap but well established

A 88
E
90
90
T
97
97
F
88
88

FNDB $274.26 M 274264416.75 decent assets

A 86
E
96
96
T
81
81
F
86
86

TILT $1.14 B 1144695736.9809 large asset base

A 85
E
92
92
T
93
93
F
85
85

SUSA $633.29 M 633290630 higher fee; well established

A 82
E
90
90
T
94
94
F
82
82

EUSA $129.8 M 129799530 changed indexes 9.1.2015

A 81
E
99
99
T
80
80
F
81
81

DGRO $2.24 B 2238812380 low fee

A 79
E
100
100
T
98
98
F
79
79

DTD $610.51 M 610513785 well established

A 79
E
92
92
T
88
88
F
79
79

QUAL $3.9 B 3901108120 Indexes changed September 1 2015

A 76
E
97
97
T
99
99
F
76
76

LRGF $687.37 M 687365440 new; trade with care

A 75
E
96
96
T
97
97
F
75
75

SIZE $160.81 M 160809000 low fee; decent assets

A 75
E
97
97
T
74
74
F
75
75

DGRW $1.7 B 1704125010 healthy AUM; middling yield

A 73
E
95
95
T
99
99
F
73
73

PDP $1.45 B 1453661400 solid investor interest

A 70
E
89
89
T
98
98
F
70
70

MOAT $1.28 B 1279199356.3 good liquidity

A 68
E
89
89
T
98
98
F
68
68

PKW $1.33 B 1327004400 large and liquid

A 66
E
89
89
T
97
97
F
66
66

VIG $25.55 B 25547957838 Dirt cheap all in

A 63
E
98
98
T
100
100
F
63
63

MTUM $4.33 B 4330214250 hefty AUM; low fee

A 62
E
98
98
T
99
99
F
62
62

ONEQ $1.37 B 1371306700 Only includes Nasdaq listed firms

A 60
E
97
97
T
94
94
F
60
60

USMV $14.01 B 14007863460 massive AUM for non-vanilla

A 44
E
97
97
T
100
100
F
44
44

EXT $68.21 M 68211375 middling liquidity

B 89
E
89
89
T
68
68
F
89
89

MMTM $21.79 M 21793976 poor trader

B 86
E
92
92
T
56
56
F
86
86

QUS $69.9 M 69900905 low fee

B 84
E
95
95
T
69
69
F
84
84

RFDA $53.19 M 53194285.7934 N/A

B 81
E
85
85
T
68
68
F
81
81

QDYN $61.01 M 61010242.076 weak liquidity; poor tracking

B 79
E
88
88
T
63
63
F
79
79

QDF $1.83 B 1826443642.824 strong AUM; decent liqudity

B 76
E
85
85
T
98
98
F
76
76

QDEF $317.74 M 317735752.0842 Solid AUM but so-so liquidity

B 71
E
86
86
T
76
76
F
71
71

NFO $72.27 M 72265344.8 lukewarm trader

B 66
E
88
88
T
68
68
F
66
66

FPX $880.62 M 880618630.462 Decent liquidity

B 61
E
86
86
T
96
96
F
61
61

KNOW $226.74 M 226735486.614 middling costs

B 60
E
86
86
T
83
83
F
60
60

PWC $147.53 M 147531200 high all in costs

B 58
E
85
85
T
68
68
F
58
58

PFM $313.63 M 313625000 higher holding costs

B 54
E
90
90
T
78
78
F
54
54

VUSE $541.32 M 541317000 decent AUM, workable liquidity

B 54
E
85
85
T
77
77
F
54
54

BFOR $198.18 M 198177210 400 holdings equally weighted

B 50
E
86
86
T
74
74
F
50
50

WEXP $774.2 K 774195 N/A

C 79
E
87
87
T
38
38
F
79
79

ESGS $4.53 M 4527007.695 N/A

C 73
E
82
82
T
64
64
F
73
73

GURU $56.0 M 56000059.063427 good liquidity

C 69
E
82
82
T
66
66
F
69
69

DEF $181.8 M 181796400 decent assets

C 65
E
72
72
T
75
75
F
65
65

FLLV $5.79 M 5786000 N/A

C 65
E
78
78
T
63
63
F
65
65

WUSA $2.18 M 2177655 N/A

C 65
E
86
86
T
38
38
F
65
65

TTAC $34.06 M 34056000 N/A

C 57
E
79
79
T
67
67
F
57
57

TTFS $128.42 M 128421722 high fee but liquid

C 54
E
77
77
T
73
73
F
54
54

CSD $205.34 M 205344000 Small basket

C 52
E
74
74
T
72
72
F
52
52

BUZ $9.33 M 9333362.222 N/A

C 52
E
74
74
T
64
64
F
52
52

RYJ $188.76 M 188761519.338 high fee; poor tracking

C 44
E
82
82
T
68
68
F
44
44

VAMO $9.96 M 9960380.031146 new; trade with care

C 40
E
79
79
T
52
52
F
40
40

DWAQ $50.06 M 50058000 thinly traded

C 37
E
85
85
T
60
60
F
37
37

FVL $54.71 M 54713857.926 high all-in costs

C 37
E
77
77
T
66
66
F
37
37

IPO $15.05 M 15045965 Weak trader

C 34
E
76
76
T
59
59
F
34
34

ESGU $11.18 M 11178660 N/A

D 92
E
59
59
T
66
66
F
92
92

KRMA $45.3 M 45303311.448432 N/A

D 85
E
62
62
T
64
64
F
85
85

ALFA $25.22 M 25218000 very high fee

D 70
E
69
69
T
62
62
F
70
70

WMW $19.13 M 19131520 MOAT is cheaper, bigger, better

D 68
E
74
74
T
33
33
F
68
68

TUSA $12.56 M 12559662.798 high all-in costs

D 67
E
76
76
T
50
50
F
67
67

CWS $12.4 M 12396723 N/A

D 63
E
71
71
T
55
55
F
63
63

IBLN $14.24 M 14238000 modest investor interest

D 58
E
70
70
T
65
65
F
58
58

HUSE $63.46 M 63460960 Weak AUM and trading

D 58
E
64
64
T
60
60
F
58
58

PBUS $2.55 M 2552525.525 N/A

D 51
E
80
80
T
0
-1
F
51
51

ICAN $2.62 M 2622000 N/A

F 71
E
47
47
T
0
-1
F
71
71

SWIN $10.13 M 10125627.8604 N/A

F 60
E
54
54
T
64
64
F
60
60

BOSS $2.51 M 2505531.328169 N/A

F 55
E
47
47
T
39
39
F
55
55

NASH $8.11 M 8111690.735624 very thin investor interest

F 26
E
68
68
T
35
35
F
26
26

SQZZ $623.73 K 623725 N/A

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

BVAL $2.23 M 2230500 N/A

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

MXDU $108.23 M 108231000 N/A

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

QMOM $41.51 M 41505000 N/A

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

VSMV $2.6 M 2596450 N/A

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

MILN $9.19 M 9187029.705286 N/A

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

GVIP $54.71 M 54705000 N/A

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

LVHD $414.15 M 414153745 N/A

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

ESG $13.47 M 13465837.3479 N/A

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

USMF $2.62 M 2622014.8764 N/A

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

DWTR $69.32 M 69320027.728 new, trade with care

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

DHVW $18.26 M 18264000 N/A

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

CNTR $3.14 M 3143331.433 High closure risk

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

WIL $35.56 M 35560989.29 trades poorly

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

QVM $3.98 M 3981000 higher fee

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

DIVC $133.0 M 133000000 pays no dividends

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

GOP $2.1 M 2097690 N/A

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

PY $7.6 M 7602630.4104 N/A

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

AMCA $2.54 M 2537430 N/A

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

OUSA $431.02 M 431024495 first launch by issuer

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

RFFC $37.29 M 37285622.1426 N/A

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

RODI $34.95 M 34950057.45 new; trade with care

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

LVUS $3.91 M 3910905 N/A

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

UDBI $3.22 M 3218186.4 N/A

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

MFUS $26.69 M 26693400 N/A

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

ETHO $21.14 M 21144500 N/A

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 10/12/17

Equity: U.S. - Total Market

Performance Dispersion
Performance  [as of 10/19/17] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
Benchmark: MSCI USA Investable Markets_net2.47%4.09%15.94%22.06%12.93%14.74%8.06%
A 99.289582VTHR364219000VTHRVanguard Russell 3000 ETF--------------
A 99.287556VTI86383419251.8VTIVanguard Total Stock Market ETF--------------
A 99.272646IWV8049455550IWViShares Russell 3000 ETF--------------
A 99.127578SCHB10669930177.2SCHBSchwab U.S. Broad Market ETF--------------
A 99.060303SPTM521090442.65202SPTMSPDR Portfolio Total Stock Market ETF --------------
A 99.001648ITOT11798434675ITOTiShares Core S&P Total U.S. Stock Market ETF--------------
A 97.173019IYY1101156040IYYiShares Dow Jones U.S. ETF--------------
A 88.251809DSI927305400DSIiShares MSCI KLD 400 Social ETF--------------
A 85.708202FNDB274264416.75FNDBSchwab Fundamental US Broad Market Index ETF--------------
A 84.960022TILT1144695736.9809TILTFlexShares Morningstar US Market Factor Tilt Index Fund--------------
A 81.970788SUSA633290630SUSAiShares MSCI USA ESG Select ETF--------------
A 81.334425EUSA129799530EUSAiShares MSCI USA Equal Weighted ETF--------------
A 79.047635DGRO2238812380DGROiShares Core Dividend Growth ETF--------------
A 78.741867DTD610513785DTDWisdomTree U.S. Total Dividend Fund--------------
A 75.583721QUAL3901108120QUALiShares Edge MSCI USA Quality Factor ETF--------------
A 75.44884LRGF687365440LRGFiShares Edge MSCI Multifactor USA ETF--------------
A 74.59578SIZE160809000SIZEiShares Edge MSCI USA Size Factor ETF--------------
A 72.82873DGRW1704125010DGRWWisdomTree US Quality Dividend Growth Fund--------------
A 69.639889PDP1453661400PDPPowerShares DWA Momentum Portfolio--------------
A 67.786349MOAT1279199356.3MOATVanEck Vectors Morningstar Wide Moat ETF--------------
A 66.414278PKW1327004400PKWPowerShares Buyback Achievers Portfolio--------------
A 62.926861VIG25547957838VIGVanguard Dividend Appreciation ETF--------------
A 62.040669MTUM4330214250MTUMiShares Edge MSCI USA Momentum Factor ETF--------------
A 59.522771ONEQ1371306700ONEQFidelity NASDAQ Composite Tracking Stock--------------
A 43.78256USMV14007863460USMViShares Edge MSCI Min Vol USA ETF--------------
B 88.643183EXT68211375EXTWisdomTree U.S. Total Earnings Fund--------------
B 85.689492MMTM21793976MMTMSPDR S&P 1500 Momentum Tilt ETF--------------
B 83.742489QUS69900905QUSSPDR MSCI USA StrategicFactors ETF2.91%4.86%15.59%21.03%------
B 81.241027RFDA53194285.7934RFDARiverFront Dynamic U.S. Dividend Advantage ETF--------------
B 78.599417QDYN61010242.076QDYNFlexShares Quality Dividend Dynamic Index Fund--------------
B 76.43345QDF1826443642.824QDFFlexShares Quality Dividend Index Fund--------------
B 71.123974QDEF317735752.0842QDEFFlexShares Quality Dividend Defensive Index Fund--------------
B 65.962998NFO72265344.8NFOGuggenheim Insider Sentiment ETF--------------
B 60.550753FPX880618630.462FPXFirst Trust U.S. Equity Opportunities ETF--------------
B 60.113286KNOW226735486.614KNOWDirexion All Cap Insider Sentiment Shares--------------
B 58.118063PWC147531200PWCPowerShares Dynamic Market Portfolio--------------
B 53.60466PFM313625000PFMPowerShares Dividend Achievers Portfolio--------------
B 53.568123VUSE541317000VUSEVident Core US Equity Fund--------------
B 49.642536BFOR198177210BFORALPS Barron's 400 ETF--------------
C 79.458257WEXP774195WEXPWisdomTree U.S. Export and Multinational Fund--------------
C 73.0374ESGS4527007.695ESGSColumbia Sustainable U.S. Equity Income ETF--------------
C 69.127637GURU56000059.063427GURUGlobal X Guru Index ETF--------------
C 65.354317DEF181796400DEFGuggenheim Defensive Equity ETF--------------
C 65.09565FLLV5786000FLLVFranklin Liberty U.S. Low Volatility ETF--------------
C 64.941388WUSA2177655WUSAWisdomTree U.S. Domestic Economy Fund--------------
C 57.293151TTAC34056000TTACTrimTabs Float Shrink ETF--------------
C 54.289175TTFS128421722TTFSAdvisorShares Wilshire Buyback ETF--------------
C 52.327796CSD205344000CSDGuggenheim S&P Spin-Off ETF--------------
C 51.713124BUZ9333362.222BUZBUZZ US Sentiment Leaders ETF--------------
C 44.302224RYJ188761519.338RYJGuggenheim Raymond James SB-1 Equity ETF--------------
C 40.45176VAMO9960380.031146VAMOCambria Value & Momentum ETF--------------
C 37.245646DWAQ50058000DWAQPowerShares DWA NASDAQ Momentum Portfolio--------------
C 37.075513FVL54713857.926FVLFirst Trust Value Line 100 ETF--------------
C 34.34301IPO15045965IPORenaissance IPO ETF--------------
D 92.053611ESGU11178660ESGUiShares MSCI USA ESG Optimized ETF--------------
D 85.0482KRMA45303311.448432KRMAGlobal X Conscious Companies ETF--------------
D 70.393142ALFA25218000ALFAAlphaClone Alternative Alpha ETF--------------
D 67.749453WMW19131520WMWElements Morningstar Wide Moat Focus Total Return Index ETN0.85%3.18%15.16%23.31%11.64%14.17%11.06%
D 66.587611TUSA12559662.798TUSAFirst Trust Total US Market AlphaDEX ETF--------------
D 62.977644CWS12396723CWSAdvisorShares Focused Equity ETF--------------
D 57.950027IBLN14238000IBLNDirexion iBillionaire Index ETF--------------
D 57.555231HUSE63460960HUSEUS Market Rotation Strategy ETF--------------
D 51.428842PBUS2552525.525PBUSPowerShares PureBeta MSCI USA Portfolio--------------
F 70.646656ICAN2622000ICANSerenityShares IMPACT ETF--------------
F 60.466977SWIN10125627.8604SWINALPS Dorsey Wright Sector Momentum ETF--------------
F 54.986675BOSS2505531.328169BOSSGlobal X Founder-Run Companies ETF--------------
F 26.006469NASH8111690.735624NASHNashville Area ETF--------------
F 25.668824SQZZ623725SQZZActive Alts Contrarian ETF--------------
N/A 0BVAL2230500BVALBrand Value ETF--------------
N/A 0QMOM41505000QMOMMomentumShares U.S. Quantitative Momentum ETF--------------
N/A 0MXDU108231000MXDUNationwide Maximum Diversification U.S. Core Equity ETF--------------
N/A 0VSMV2596450VSMVVictoryShares U.S. Multi-Factor Minimum Volatility ETF--------------
N/A 0MILN9187029.705286MILNGlobal X Millennials Thematic ETF--------------
N/A 0LVHD414153745LVHDLegg Mason Low Volatility High Dividend ETF--------------
N/A 0GVIP54705000GVIPGoldman Sachs Hedge Industry VIP ETF--------------
N/A 0ESG13465837.3479ESGFlexShares STOXX U.S. ESG Impact Index Fund--------------
N/A 0USMF2622014.8764USMFWisdomTree U.S. Multifactor Fund--------------
N/A 0DWTR69320027.728DWTRPowerShares DWA Tactical Sector Rotation Portfolio--------------
N/A 0DHVW18264000DHVWDiamond Hill Valuation-Weighted 500 ETF--------------
N/A 0CNTR3143331.433CNTRPowerShares Contrarian Opportunities Portfolio--------------
N/A 0WIL35560989.29WILBarclays Women in Leadership ETN--------------
N/A 0QVM3981000QVMArrow QVM Equity Factor ETF--------------
N/A 0PY7602630.4104PYPrincipal Shareholder Yield Index ETF--------------
N/A 0DIVC133000000DIVCC-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor--------------
N/A 0GOP2097690GOPRepublican Policies Fund--------------
N/A 0OUSA431024495OUSAO'Shares FTSE US Quality Dividend ETF--------------
N/A 0AMCA2537430AMCAiShares Russell 1000 Pure U.S. Revenue ETF--------------
N/A 0RFFC37285622.1426RFFCRiverFront Dynamic U.S. Flex-Cap ETF--------------
N/A 0RODI34950057.45RODIBarclays Return on Disability ETN--------------
N/A 0LVUS3910905LVUSHartford Multifactor Low Volatility U.S. Equity ETF--------------
N/A 0UDBI3218186.4UDBILegg Mason U.S. Diversified Core ETF--------------
N/A 0MFUS26693400MFUSPIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF--------------
N/A 0ETHO21144500ETHOEtho Climate Leadership U.S. ETF--------------
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 10/20/17)

All Funds (106)

100
99.904608
99
98.620729
98
98.347412
98
97.930953
98
97.769911
98
97.537199
97
97.396008
97
97.278954
97
97.154477
97
97.096241
97
97.02306
96
96.197931
96
95.586735
96
95.520278
95
95.144813
95
94.867314
92
92.174751
92
91.855811
92
91.730039
90
90.21117
90
90.1647
90
90.149826
89
89.475177
89
88.68363
89
88.660467
89
88.557543
88
87.963534
88
87.625289
87
86.613525
86
86.422144
86
86.309428
86
86.269907
86
86.130649
86
85.834278
85
85.484046
85
85.20407
85
85.175287
85
85.049718
85
84.724716
82
82.00166
82
81.71567
82
81.669845
80
80.278997
79
79.381815
79
78.808057
78
78.136942
77
77.186753
77
76.811019
76
76.422443
76
75.538243
74
74.065786
74
73.919679
74
73.582557
72
71.577582
71
71.090895
70
70.011906
69
68.943218
68
68.214135
64
64.101315
62
62.166881
59
59.195927
54
53.72973
47
47.459459
47
47.021974
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
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 10/12/17

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
MTUM iShares Edge MSCI USA Momentum Factor ETF 0.15% -0.27% -0.17% -0.31% 20.00% / 39.60% Low 97.537199
VTHR Vanguard Russell 3000 ETF 0.15% -0.21% -0.12% -0.38% 20.00% / 39.60% Low 96.197931
BVAL Brand Value ETF 0.65% -- -- -- 20.00% / 39.60% Low 0
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.37% -0.44% -0.31% -0.58% 20.00% / 39.60% Low 87.963534
BUZ BUZZ US Sentiment Leaders ETF 0.75% -0.54% -0.48% -0.61% 20.00% / 39.60% High 73.582557
DTD WisdomTree U.S. Total Dividend Fund 0.28% -0.35% -0.10% -0.47% 20.00% / 39.60% Low 92.174751
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.25% -0.30% -0.06% -0.56% 20.00% / 39.60% Low 91.730039
TTAC TrimTabs Float Shrink ETF 0.59% -- -- -- 20.00% / 39.60% Medium 79.381815
IBLN Direxion iBillionaire Index ETF 0.59% -1.09% -0.56% -1.54% 20.00% / 39.60% High 70.011906
NASH Nashville Area ETF 0.49% 0.51% 1.60% -0.19% 20.00% / 39.60% High 68.214135
VTI Vanguard Total Stock Market ETF 0.04% -0.01% 0.01% -0.02% 20.00% / 39.60% Low 99.904608
ALFA AlphaClone Alternative Alpha ETF 0.98% -0.83% -0.36% -1.27% 20.00% / 39.60% High 68.943218
VSMV VictoryShares U.S. Multi-Factor Minimum Volatility ETF 0.35% -- -- -- 20.00% / 39.60% Low 0
QUAL iShares Edge MSCI USA Quality Factor ETF 0.15% -0.20% -0.14% -0.24% 20.00% / 39.60% Low 97.02306
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% Medium 85.175287
GVIP Goldman Sachs Hedge Industry VIP ETF 0.45% -- -- -- 20.00% / 39.60% Low 0
IPO Renaissance IPO ETF 0.60% 0.35% 1.23% -0.53% 20.00% / 39.60% High 75.538243
NFO Guggenheim Insider Sentiment ETF 0.67% -0.40% -0.33% -0.56% 20.00% / 39.60% Low 87.625289
VUSE Vident Core US Equity Fund 0.55% 0.07% 0.37% -0.16% 20.00% / 39.60% Low 85.20407
BFOR ALPS Barron's 400 ETF 0.65% -0.64% -0.55% -0.78% 20.00% / 39.60% Low 86.422144
USMF WisdomTree U.S. Multifactor Fund 0.28% -- -- -- 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 94.867314
DWTR PowerShares DWA Tactical Sector Rotation Portfolio 0.75% -- -- -- 20.00% / 39.60% Low 0
TTFS AdvisorShares Wilshire Buyback ETF 0.90% -- -- -- 20.00% / 39.60% Low 76.811019
ESGU iShares MSCI USA ESG Optimized ETF 0.15% -- -- -- 20.00% / 39.60% High 59.195927
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.03% -0.08% -0.05% -0.16% 20.00% / 39.60% Low 100
ONEQ Fidelity NASDAQ Composite Tracking Stock 0.21% -0.15% 0.06% -0.36% 20.00% / 39.60% Low 97.154477
WIL Barclays Women in Leadership ETN 0.45% -- -- -- 20.00% / 39.60% High 0
CNTR PowerShares Contrarian Opportunities Portfolio 0.35% -- -- -- 20.00% / 39.60% High 0
SUSA iShares MSCI USA ESG Select ETF 0.50% -0.62% -0.52% -0.71% 20.00% / 39.60% Low 90.149826
QVM Arrow QVM Equity Factor ETF 0.65% -- -- -- 20.00% / 39.60% High 0
RFDA RiverFront Dynamic U.S. Dividend Advantage ETF 0.52% -- -- -- 20.00% / 39.60% Medium 85.049718
EUSA iShares MSCI USA Equal Weighted ETF 0.15% -0.20% -0.11% -0.28% 20.00% / 39.60% Low 98.620729
TUSA First Trust Total US Market AlphaDEX ETF 0.70% -0.90% -0.77% -1.11% 20.00% / 39.60% High 76.422443
SWIN ALPS Dorsey Wright Sector Momentum ETF 0.40% -- -- -- 20.00% / 39.60% High 53.72973
IWV iShares Russell 3000 ETF 0.20% -0.18% -0.15% -0.23% 20.00% / 39.60% Low 98.347412
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% -0.97% -0.87% -1.13% 20.00% / 39.60% High 73.919679
CSD Guggenheim S&P Spin-Off ETF 0.65% 1.19% 1.90% -0.67% 20.00% / 39.60% Low 74.065786
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 0.15% -- -- -- 20.00% / 39.60% Low 0
RODI Barclays Return on Disability ETN 0.45% -0.54% -0.45% -0.61% 20.00% / 39.60% High 0
RFFC RiverFront Dynamic U.S. Flex-Cap ETF 0.52% -- -- -- 20.00% / 39.60% High 0
EXT WisdomTree U.S. Total Earnings Fund 0.28% -0.56% -0.30% -1.03% 20.00% / 39.60% Low 89.475177
IYY iShares Dow Jones U.S. ETF 0.20% -0.24% -0.18% -0.31% 20.00% / 39.60% Low 97.278954
USMV iShares Edge MSCI Min Vol USA ETF 0.15% -0.18% -0.13% -0.21% 20.00% / 39.60% Low 97.096241
BOSS Global X Founder-Run Companies ETF 0.65% -- -- -- 20.00% / 39.60% High 47.459459
PDP PowerShares DWA Momentum Portfolio 0.64% -0.75% -0.65% -0.84% 20.00% / 39.60% Low 88.557543
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 71.577582
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.29% -- -- -- 20.00% / 39.60% Low 0
ESGS Columbia Sustainable U.S. Equity Income ETF 0.35% -- -- -- 20.00% / 39.60% High 82.00166
WEXP WisdomTree U.S. Export and Multinational Fund 0.33% 0.32% 0.40% 0.20% 20.00% / 39.60% High 86.613525
PFM PowerShares Dividend Achievers Portfolio 0.55% -0.62% -0.56% -0.66% 20.00% / 39.60% Low 90.1647
QMOM MomentumShares U.S. Quantitative Momentum ETF 0.79% -- -- -- 20.00% / 39.60% Medium 0
DGRO iShares Core Dividend Growth ETF 0.08% -0.08% -0.04% -0.16% 20.00% / 39.60% Low 100
MXDU Nationwide Maximum Diversification U.S. Core Equity ETF 0.34% -- -- -- 20.00% / 39.60% Low 0
KRMA Global X Conscious Companies ETF 0.43% -- -- -- 20.00% / 39.60% High 62.166881
FNDB Schwab Fundamental US Broad Market Index ETF 0.25% -0.32% -0.23% -0.41% 20.00% / 39.60% Low 95.586735
KNOW Direxion All Cap Insider Sentiment Shares 0.59% 1.20% 1.49% 0.88% 20.00% / 39.60% Low 85.834278
WUSA WisdomTree U.S. Domestic Economy Fund 0.33% 0.12% 0.34% -0.01% 20.00% / 39.60% High 86.130649
PKW PowerShares Buyback Achievers Portfolio 0.63% -0.76% -0.64% -0.88% 20.00% / 39.60% Low 88.68363
LVHD Legg Mason Low Volatility High Dividend ETF 0.27% -- -- -- 20.00% / 39.60% Low 0
DGRW WisdomTree US Quality Dividend Growth Fund 0.28% -0.38% -0.25% -0.48% 20.00% / 39.60% Low 95.144813
PBUS PowerShares PureBeta MSCI USA Portfolio 0.04% -- -- -- 20.00% / 39.60% High 80.278997
RYJ Guggenheim Raymond James SB-1 Equity ETF 0.75% -0.82% -0.55% -1.02% 20.00% / 39.60% Low 81.71567
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 86.269907
LRGF iShares Edge MSCI Multifactor USA ETF 0.20% -0.25% -0.10% -0.43% 20.00% / 39.60% Low 95.520278
VAMO Cambria Value & Momentum ETF 0.59% -- -- -- 20.00% / 39.60% High 78.808057
SQZZ Active Alts Contrarian ETF 1.95% -- -- -- 20.00% / 39.60% High 44.15322
PWC PowerShares Dynamic Market Portfolio 0.60% -0.85% -0.12% -1.00% 20.00% / 39.60% Low 84.724716
DHVW Diamond Hill Valuation-Weighted 500 ETF 0.10% -- -- -- 20.00% / 39.60% High 0
SPTM SPDR Portfolio Total Stock Market ETF 0.03% -0.09% 0.13% -0.18% 20.00% / 39.60% Low 97.930953
SCHB Schwab U.S. Broad Market ETF 0.03% -0.02% 0.02% -0.09% 20.00% / 39.60% Low 100
CWS AdvisorShares Focused Equity ETF 0.75% -- -- -- 20.00% / 39.60% High 71.090895
FVL First Trust Value Line 100 ETF 0.70% -1.31% -0.93% -1.75% 20.00% / 39.60% Medium 77.186753
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.12% -0.05% 0.05% -0.12% 20.00% / 39.60% High 91.855811
VIG Vanguard Dividend Appreciation ETF 0.08% -0.05% -0.03% -0.11% 20.00% / 39.60% Low 97.769911
ICAN SerenityShares IMPACT ETF 0.50% -- -- -- 20.00% / 39.60% High 47.021974
QDEF FlexShares Quality Dividend Defensive Index Fund 0.37% -0.83% -0.22% -1.08% 20.00% / 39.60% Low 86.309428
PY Principal Shareholder Yield Index ETF 0.29% -- -- -- 20.00% / 39.60% High 0
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor 0.70% -0.50% -0.30% -0.67% 20.00% / 39.60% Low 0
GOP Republican Policies Fund 0.75% -- -- -- 20.00% / 39.60% Low 0
SIZE iShares Edge MSCI USA Size Factor ETF 0.15% -0.17% -0.10% -0.23% 20.00% / 39.60% Low 97.396008
GURU Global X Guru Index ETF 0.75% -0.11% 0.00% -0.34% 20.00% / 39.60% Medium 81.669845
MOAT VanEck Vectors Morningstar Wide Moat ETF 0.49% -0.60% -0.54% -0.76% 20.00% / 39.60% Low 88.660467
LVUS Hartford Multifactor Low Volatility U.S. Equity ETF 0.29% -- -- -- 20.00% / 39.60% Low 0
QDF FlexShares Quality Dividend Index Fund 0.37% -0.65% -0.36% -0.91% 20.00% / 39.60% Low 85.484046
UDBI Legg Mason U.S. Diversified Core ETF 0.30% -- -- -- 20.00% / 39.60% High 0
DSI iShares MSCI KLD 400 Social ETF 0.50% -0.60% -0.49% -0.69% 20.00% / 39.60% Low 90.21117
FLLV Franklin Liberty U.S. Low Volatility ETF 0.50% -- -- -- 20.00% / 39.60% High 78.136942
HUSE US Market Rotation Strategy ETF 1.22% -- -- -- 20.00% / 39.60% Low 64.101315
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 10/20/17)

All Funds (106)

100
99.777123
100
99.587695
100
99.543839
99
99.237869
99
99.224502
99
99.12113
99
98.880824
99
98.810742
98
98.338533
98
98.163553
98
97.751532
98
97.669161
98
97.537048
97
97.327603
97
97.153124
97
96.802986
96
96.010449
95
95.048438
94
94.307713
94
93.964479
93
92.97734
91
91.468892
88
88.141072
83
83.228297
81
81.03595
80
79.852561
79
79.134173
78
77.651849
77
77.005468
76
75.798337
75
75.33092
74
73.996783
74
73.829517
73
73.434386
72
72.151332
69
69.299414
68
68.487375
68
68.324551
68
68.216668
68
68.157234
68
67.702378
67
67.391834
66
66.411674
66
66.155788
66
66.087955
65
65.29744
64
64.248829
64
63.890921
64
63.870088
64
63.772371
63
62.791496
63
62.757974
62
62.427988
60
60.497281
60
59.551978
59
58.671958
56
56.07613
55
54.99325
52
51.850725
50
49.602761
39
38.888896
38
38.276605
38
38.169982
35
34.552116
33
33.001399
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 10/12/17

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
VTHR Vanguard Russell 3000 ETF $715.14 K 0.05% 0.24 100.00% 0.00% 0.07% None 91.468892
ESGS Columbia Sustainable U.S. Equity Income ETF $6.31 K 0.21% 0.00 100.00% 0.01% 0.03% None 63.772371
BVAL Brand Value ETF $9.96 K 0.39% 0.01 100.00% 0.03% 0.03% None 0
MTUM iShares Edge MSCI USA Momentum Factor ETF $25.68 M 0.03% 5.45 100.00% 0.02% 0.01% None 99.237869
VTI Vanguard Total Stock Market ETF $213.76 M 0.01% 16.31 100.00% 0.01% 0.00% None 99.777123
KRMA Global X Conscious Companies ETF $49.67 K 0.23% 0.05 100.00% 0.01% 0.08% None 63.890921
ALFA AlphaClone Alternative Alpha ETF $60.78 K 0.20% 0.03 100.00% 0.23% 0.01% None 62.427988
VSMV VictoryShares U.S. Multi-Factor Minimum Volatility ETF $0 0.22% 0.00 100.00% 0.03% 0.02% None 0
FNDB Schwab Fundamental US Broad Market Index ETF $609.12 K 0.14% 0.36 100.00% 0.00% 0.06% None 81.03595
NASH Nashville Area ETF $4.46 K 0.76% 0.00 100.00% 1.07% 0.04% None 34.552116
VUSE Vident Core US Equity Fund $714.94 K 0.26% 0.24 100.00% 0.05% 0.02% None 77.005468
ESG FlexShares STOXX U.S. ESG Impact Index Fund $35.91 K 0.23% 0.02 100.00% 0.00% 0.02% None 0
BFOR ALPS Barron's 400 ETF $288.54 K 0.13% 0.15 100.00% 0.05% 0.02% None 73.996783
USMF WisdomTree U.S. Multifactor Fund $0 0.28% 0 100.00% 0.02% 0.03% None 0
FPX First Trust U.S. Equity Opportunities ETF $2.31 M 0.05% 0.73 98.00% 0.08% 0.02% None 96.010449
NFO Guggenheim Insider Sentiment ETF $75.45 K 0.14% 0.03 100.00% 0.05% 0.02% None 67.702378
RYJ Guggenheim Raymond James SB-1 Equity ETF $299.77 K 0.23% 0.14 100.00% 0.15% 0.05% None 68.487375
WIL Barclays Women in Leadership ETN $0 0.36% 0.00 0.00%% -- 0.00%% None 0
CWS AdvisorShares Focused Equity ETF $29.12 K 0.49% 0.04 100.00% 0.05% 0.07% None 54.99325
CNTR PowerShares Contrarian Opportunities Portfolio $0 0.23% 0.00 100.00% 0.09% 0.03% None 0
SUSA iShares MSCI USA ESG Select ETF $1.24 M 0.07% 0.24 100.00% 0.05% 0.01% None 93.964479
FVL First Trust Value Line 100 ETF $78.08 K 0.17% 0.07 100.00% 0.05% 0.04% None 66.087955
ONEQ Fidelity NASDAQ Composite Tracking Stock $5.96 M 0.15% 2.41 100.00% 0.01% 0.08% None 94.307713
SCHB Schwab U.S. Broad Market ETF $20.77 M 0.03% 6.81 100.00% 0.00% 0.05% None 98.810742
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN $25.39 K 1.64% 0.00 100.00% -- 0.00%% Potential 33.001399
CSD Guggenheim S&P Spin-Off ETF $302.22 K 0.15% 0.12 100.00% 0.14% 0.02% None 72.151332
AMCA iShares Russell 1000 Pure U.S. Revenue ETF $12.41 K 0.18% 0.00 100.00% 0.00% 0.09% None 0
GURU Global X Guru Index ETF $126.26 K 0.22% 0.09 100.00% 0.03% 0.02% None 66.411674
OUSA O'Shares FTSE US Quality Dividend ETF $1.12 M 0.09% 0.74 100.00% 0.01% 0.03% None 0
SIZE iShares Edge MSCI USA Size Factor ETF $290.76 K 0.11% 0.07 100.00% 0.01% 0.04% None 73.829517
ETHO Etho Climate Leadership U.S. ETF $80.28 K 0.44% 0.05 100.00% 0.02% 0.05% None 0
FLLV Franklin Liberty U.S. Low Volatility ETF $2.81 K 0.24% 0.00 100.00% 0.02% 0.02% None 62.791496
DEF Guggenheim Defensive Equity ETF $290.4 K 0.10% 0.14 100.00% 0.02% 0.02% None 75.33092
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF $25.18 K 0.17% 0.01 100.00% 0.00% 0.09% None 0
HUSE US Market Rotation Strategy ETF $188.75 K 0.21% 0.20 100.00% 0.14% 0.03% None 59.551978
PDP PowerShares DWA Momentum Portfolio $2.49 M 0.06% 1.02 100.00% 0.06% 0.02% None 97.751532
QMOM MomentumShares U.S. Quantitative Momentum ETF $39.36 K 0.13% 0.03 99.00% 0.08% 0.02% None 0
TTAC TrimTabs Float Shrink ETF $119.47 K 0.18% 0.16 100.00% 0.02% 0.06% None 67.391834
DGRO iShares Core Dividend Growth ETF $10.13 M 0.03% 6.18 100.00% 0.00% 0.05% None 98.338533
MXDU Nationwide Maximum Diversification U.S. Core Equity ETF $0 0.16% 0 -- -- 0.04% None 0
IBLN Direxion iBillionaire Index ETF $41.01 K 0.20% 0.03 100.00% 0.01% 0.02% None 65.29744
PFM PowerShares Dividend Achievers Portfolio $420.43 K 0.12% 0.34 100.00% 0.01% 0.04% None 77.651849
TILT FlexShares Morningstar US Market Factor Tilt Index Fund $1.08 M 0.10% 0.21 100.00% 0.01% 0.03% None 92.97734
LVHD Legg Mason Low Volatility High Dividend ETF $1.19 M 0.12% 0.78 100.00% 0.02% 0.02% None 0
GVIP Goldman Sachs Hedge Industry VIP ETF $250.99 K 0.14% 0.10 100.00% 0.03% 0.01% None 0
DGRW WisdomTree US Quality Dividend Growth Fund $3.6 M 0.04% 1.90 100.00% 0.01% 0.03% None 98.880824
PBUS PowerShares PureBeta MSCI USA Portfolio $0 0.35% -- 100.00% 0.00% 0.08% N/A 0
IPO Renaissance IPO ETF $51.69 K 0.33% 0.04 100.00% 0.17% 0.04% None 58.671958
PKW PowerShares Buyback Achievers Portfolio $1.9 M 0.04% 0.71 100.00% 0.02% 0.02% None 97.327603
ESGU iShares MSCI USA ESG Optimized ETF $32.15 K 0.15% 0.00 100.00% 0.01% 0.03% None 66.155788
DHVW Diamond Hill Valuation-Weighted 500 ETF $134.3 K 0.11% 0.09 100.00% 0.00% 0.03% None 0
SPTM SPDR Portfolio Total Stock Market ETF $519.8 K 0.15% 0.34 100.00% 0.00% 0.03% None 79.134173
ITOT iShares Core S&P Total U.S. Stock Market ETF $30.9 M 0.03% 10.62 100.00% 0.00% 0.10% None 97.537048
PWC PowerShares Dynamic Market Portfolio $137.52 K 0.15% 0.03 100.00% 0.13% 0.01% None 68.216668
TTFS AdvisorShares Wilshire Buyback ETF $325.66 K 0.17% 0.19 100.00% 0.03% 0.03% None 73.434386
PY Principal Shareholder Yield Index ETF $0 0.72% 0.00 100.00% 0.02% 0.03% None 0
SWIN ALPS Dorsey Wright Sector Momentum ETF $53.37 K 0.22% 0.04 100.00% 0.04% 0.03% None 64.248829
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor $0 0.67% 0 0.00%% -- 0.10% Potential 0
GOP Republican Policies Fund $16.4 K 0.20% -- -- -- 0.10% N/A 0
IWV iShares Russell 3000 ETF $16.65 M 0.01% 2.29 100.00% 0.01% 0.04% None 99.12113
QDEF FlexShares Quality Dividend Defensive Index Fund $355.61 K 0.12% 0.17 100.00% 0.02% 0.04% None 75.798337
TUSA First Trust Total US Market AlphaDEX ETF $18.25 K 0.67% 0.01 100.00% 0.00% 0.03% None 49.602761
USMV iShares Edge MSCI Min Vol USA ETF $54.52 M 0.02% 10.88 100.00% 0.03% 0.01% None 99.543839
UDBI Legg Mason U.S. Diversified Core ETF $0 0.42% 0 100.00% 0.01% 0.05% None 0
BOSS Global X Founder-Run Companies ETF $10.9 K 0.88% 0.00 100.00% 0.02% 0.09% None 38.888896
DSI iShares MSCI KLD 400 Social ETF $2.63 M 0.04% 0.56 100.00% 0.01% 0.02% None 97.153124
IYY iShares Dow Jones U.S. ETF $1.97 M 0.04% 0.31 100.00% 0.01% 0.05% None 95.048438
QDF FlexShares Quality Dividend Index Fund $2.27 M 0.05% 1.09 100.00% 0.03% 0.04% None 98.163553
BUZ BUZZ US Sentiment Leaders ETF $39.09 K 0.21% 0.02 100.00% 0.01% 0.03% None 63.870088
WEXP WisdomTree U.S. Export and Multinational Fund $0 1.67% 0 100.00% 0.00% 0.08% None 38.276605
DTD WisdomTree U.S. Total Dividend Fund $819.24 K 0.09% 0.19 100.00% 0.02% 0.06% None 88.141072
QDYN FlexShares Quality Dividend Dynamic Index Fund $27.57 K 0.26% 0.01 100.00% 0.02% 0.04% None 62.757974
MILN Global X Millennials Thematic ETF $86.26 K 0.28% 0.10 100.00% 0.01% 0.08% None 0
WUSA WisdomTree U.S. Domestic Economy Fund $0 2.02% 0 100.00% 0.00% 0.09% None 38.169982
DWAQ PowerShares DWA NASDAQ Momentum Portfolio $102.02 K 0.31% 0.02 99.00% 0.26% 0.01% None 60.497281
KNOW Direxion All Cap Insider Sentiment Shares $628.17 K 0.13% 0.32 100.00% 0.11% 0.02% None 83.228297
QUAL iShares Edge MSCI USA Quality Factor ETF $7.87 M 0.03% 2.09 100.00% 0.03% 0.01% None 99.224502
VAMO Cambria Value & Momentum ETF $32.25 K 0.56% 0.03 100.00% 0.14% 0.06% None 51.850725
SQZZ Active Alts Contrarian ETF $0 0.72% 0.00 100.00% 0.11% 0.04% None 0
DWTR PowerShares DWA Tactical Sector Rotation Portfolio $237.41 K 0.34% 0.18 100.00% 172.33% 0.04% None 0
LRGF iShares Edge MSCI Multifactor USA ETF $2.06 M 0.10% 1.43 100.00% 0.01% 0.03% None 96.802986
QUS SPDR MSCI USA StrategicFactors ETF $126.36 K 0.12% 0.04 100.00% 0.01% 0.04% None 69.299414
VIG Vanguard Dividend Appreciation ETF $41.75 M 0.01% 17.97 100.00% 0.02% 0.01% None 99.587695
RFDA RiverFront Dynamic U.S. Dividend Advantage ETF $168.93 K 0.19% 0.11 100.00% 0.02% 0.03% None 68.324551
ICAN SerenityShares IMPACT ETF $20.93 K 0.22% 0.02 -- -- 0.04% None 0
EUSA iShares MSCI USA Equal Weighted ETF $441.26 K 0.05% 0.17 100.00% 0.00% 0.06% None 79.852561
MMTM SPDR S&P 1500 Momentum Tilt ETF $46.94 K 0.49% 0.01 100.00% 0.01% 0.06% None 56.07613
QVM Arrow QVM Equity Factor ETF $0 0.23% 0 100.00% 0.22% 0.04% None 0
RFFC RiverFront Dynamic U.S. Flex-Cap ETF $139.82 K 0.19% 0.09 100.00% 0.03% 0.03% None 0
LVUS Hartford Multifactor Low Volatility U.S. Equity ETF $0 0.22% 0 100.00% 0.02% 0.05% None 0
EXT WisdomTree U.S. Total Earnings Fund $108.27 K 0.12% 0.02 100.00% 0.01% 0.07% None 68.157234
MOAT VanEck Vectors Morningstar Wide Moat ETF $3.45 M 0.07% 1.71 100.00% 0.03% 0.02% None 97.669161
RODI Barclays Return on Disability ETN $0 7.38% 0 0.00%% -- 0.00%% None 0
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

VTHR
5
4
3
2
1
MTUM
5
4
3
2
1
VTI
5
4
3
2
1
BFOR
5
4
3
2
1
VUSE
5
4
3
2
1
NFO
5
4
3
2
1
SUSA
5
4
3
2
1
ONEQ
5
4
3
2
1
CSD
5
4
3
2
1
AMCA
5
4
3
2
1
OUSA
5
4
3
2
1
DEF
5
4
3
2
1
MFUS
5
4
3
2
1
ETHO
5
4
3
2
1
PDP
5
4
3
2
1
PFM
5
4
3
2
1
DGRO
5
4
3
2
1
PKW
5
4
3
2
1
DGRW
5
4
3
2
1
LVHD
5
4
3
2
1
PWC
5
4
3
2
1
DHVW
5
4
3
2
1
SPTM
5
4
3
2
1
QDEF
5
4
3
2
1
QDF
5
4
3
2
1
DSI
5
4
3
2
1
DTD
5
4
3
2
1
BUZ
5
4
3
2
1
QUAL
5
4
3
2
1
MILN
5
4
3
2
1
QUS
5
4
3
2
1
EUSA
5
4
3
2
1
RFDA
5
4
3
2
1
EXT
5
4
3
2
1
RFFC
5
4
3
2
1
KRMA
5
4
3
2
1
FNDB
5
4
3
2
1
ESG
5
4
3
2
1
RYJ
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
TTAC
5
4
3
2
1
TILT
5
4
3
2
1
IBLN
5
4
3
2
1
GVIP
5
4
3
2
1
ESGU
5
4
3
2
1
TTFS
5
4
3
2
1
ITOT
5
4
3
2
1
TUSA
5
4
3
2
1
IWV
5
4
3
2
1
USMV
5
4
3
2
1
IYY
5
4
3
2
1
KNOW
5
4
3
2
1
LRGF
5
4
3
2
1
VIG
5
4
3
2
1
MMTM
5
4
3
2
1
MOAT
5
4
3
2
1
BVAL
5
4
3
2
1
ALFA
5
4
3
2
1
VSMV
5
4
3
2
1
USMF
5
4
3
2
1
CNTR
5
4
3
2
1
QMOM
5
4
3
2
1
PY
5
4
3
2
1
UDBI
5
4
3
2
1
QDYN
5
4
3
2
1
DWAQ
5
4
3
2
1
QVM
5
4
3
2
1
ESGS
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
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
LVUS
5
4
3
2
1
NASH
5
4
3
2
1
DWTR
5
4
3
2
1
WMW
5
4
3
2
1
PBUS
5
4
3
2
1
DIVC
5
4
3
2
1
GOP
5
4
3
2
1
WIL
5
4
3
2
1
MXDU
5
4
3
2
1
RODI
5
4
3
2
1
ICAN
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 10/20/17)

All Funds (106)

99
99.289582
99
99.287556
99
99.272646
99
99.127578
99
99.060303
99
99.001648
97
97.173019
92
92.053611
89
88.643183
88
88.251809
86
85.708202
86
85.689492
85
85.0482
85
84.960022
84
83.742489
82
81.970788
81
81.334425
81
81.241027
79
79.458257
79
79.047635
79
78.741867
79
78.599417
76
76.43345
76
75.583721
75
75.44884
75
74.59578
73
73.0374
73
72.82873
71
71.123974
71
70.646656
70
70.393142
70
69.639889
69
69.127637
68
67.786349
68
67.749453
67
66.587611
66
66.414278
66
65.962998
65
65.354317
65
65.09565
65
64.941388
63
62.977644
63
62.926861
62
62.040669
61
60.550753
60
60.466977
60
60.113286
60
59.522771
58
58.118063
58
57.950027
58
57.555231
57
57.293151
55
54.986675
54
54.289175
54
53.60466
54
53.568123
52
52.327796
52
51.713124
51
51.428842
50
49.642536
44
44.302224
44
43.78256
40
40.45176
37
37.245646
37
37.075513
34
34.34301
26
26.006469
26
25.668824
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 10/12/17

Equity: U.S. - Total Market