Equity: U.S. - Total Market

WMW Top Performer Intra-day
Price $26.77
Today’s Change +0.27%(1.02)
3:32pm 02/24/2017
BOSS Bottom Performer Intra-day
Price 0.00
Today’s Change 0.00%(0.00)
  • 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 02/24/17)

All Funds (91)

FNDB $264.05 M 264054050.05308 decent assets

A 92
E
94
94
T
92
92
F
92
92

DSI $786.59 M 786585275 not cheap but well established

A 91
E
90
90
T
95
95
F
91
91

DTD $577.71 M 577707080 well established

A 90
E
93
93
T
89
89
F
90
90

KLD $503.87 M 503866215 higher fee; well established

A 86
E
90
90
T
91
91
F
86
86

SIZE $265.27 M 265266050 low fee; decent assets

A 83
E
98
98
T
70
70
F
83
83

TILT $1.01 B 1012034101.2034 large asset base

A 82
E
92
92
T
94
94
F
82
82

DGRO $1.25 B 1245544125 low fee

A 82
E
100
100
T
98
98
F
82
82

DGRW $1.22 B 1223178470 healthy AUM; middling yield

A 81
E
93
93
T
99
99
F
81
81

QUAL $3.47 B 3469035640 Indexes changed September 1 2015

A 80
E
98
98
T
99
99
F
80
80

LRGF $330.63 M 330631470 new; trade with care

A 80
E
95
95
T
93
93
F
80
80

EUSA $125.28 M 125281500 changed indexes 9.1.2015

A 78
E
98
98
T
78
78
F
78
78

PKW $1.42 B 1420266200 large and liquid

A 72
E
88
88
T
98
98
F
72
72

ONEQ $945.38 M 945378000 Only includes Nasdaq listed firms

A 70
E
96
96
T
89
89
F
70
70

VIG $23.68 B 23682714683.1 Dirt cheap all in

A 69
E
99
99
T
100
100
F
69
69

PDP $1.45 B 1445238300 solid investor interest

A 62
E
89
89
T
98
98
F
62
62

MOAT $991.45 M 991452297.8 good liquidity

A 61
E
89
89
T
98
98
F
61
61

USMV $12.3 B 12296827900 massive AUM for non-vanilla

A 55
E
98
98
T
99
99
F
55
55

MTUM $2.11 B 2106862335 hefty AUM; low fee

A 51
E
98
98
T
99
99
F
51
51

IYY $1.1 B 1103957430 slightly higher costs than some

A 100
E
97
97
T
95
95
F
100
100

THRK $424.13 M 424129845.05225 for R3000, IWV far more liquid

A 100
E
98
98
T
82
82
F
100
100

VTHR $315.78 M 315781000 thin trading volume

A 100
E
96
96
T
87
87
F
100
100

VTI $75.53 B 75531802358.88 Cheap and highly liquid

A 100
E
100
100
T
100
100
F
100
100

ITOT $7.44 B 7439139435 low all in costs

A 100
E
100
100
T
97
97
F
100
100

SCHB $8.38 B 8380682117.5 Cheap, easy to trade

A 100
E
100
100
T
99
99
F
100
100

IWV $7.4 B 7397235495 large and liquid

A 100
E
98
98
T
99
99
F
100
100

EXT $63.24 M 63240225 middling liquidity

B 92
E
92
92
T
48
48
F
92
92

QDF $1.72 B 1722509041.11 strong AUM; decent liqudity

B 88
E
87
87
T
97
97
F
88
88

MMTM $14.9 M 14896279.35 poor trader

B 86
E
95
95
T
63
63
F
86
86

QUS $13.65 M 13648000 low fee

B 86
E
91
91
T
68
68
F
86
86

QDYN $70.48 M 70477440.2728 weak liquidity; poor tracking

B 82
E
88
88
T
68
68
F
82
82

QDEF $295.5 M 295503115.2045 Solid AUM but so-so liquidity

B 81
E
86
86
T
78
78
F
81
81

PWC $142.94 M 142944500 high all in costs

B 71
E
91
91
T
68
68
F
71
71

KNOW $246.63 M 246626071.386 middling costs

B 70
E
85
85
T
93
93
F
70
70

PFM $314.24 M 314239200 higher holding costs

B 68
E
89
89
T
82
82
F
68
68

FPX $677.61 M 677610865.338 Decent liquidity

B 68
E
86
86
T
97
97
F
68
68

NFO $73.53 M 73532194.4 lukewarm trader

B 68
E
89
89
T
67
67
F
68
68

VUSE $506.35 M 506352000 decent AUM, workable liquidity

B 63
E
85
85
T
88
88
F
63
63

GURU $58.11 M 58114326.078592 good liquidity

B 62
E
85
85
T
66
66
F
62
62

DWAQ $33.81 M 33805200 thinly traded

B 59
E
89
89
T
58
58
F
59
59

BFOR $194.28 M 194275210 400 holdings equally weighted

B 58
E
83
83
T
75
75
F
58
58

RFDA $22.54 M 22542056.355 N/A

C 84
E
74
74
T
67
67
F
84
84

USWD $1.4 M 1403645 N/A

C 79
E
83
83
T
49
49
F
79
79

IBLN $13.8 M 13800000 modest investor interest

C 73
E
72
72
T
67
67
F
73
73

TUSA $8.79 M 8786158.574 high all-in costs

C 69
E
77
77
T
52
52
F
69
69

USSD $1.43 M 1430605 N/A

C 69
E
83
83
T
41
41
F
69
69

TOFR $4.04 M 4037832 weak investor interest

C 69
E
78
78
T
53
53
F
69
69

TTFS $161.73 M 161732950 high fee but liquid

C 67
E
75
75
T
77
77
F
67
67

DEF $170.35 M 170353350 decent assets

C 62
E
72
72
T
77
77
F
62
62

CSD $210.39 M 210392000 Small basket

C 60
E
72
72
T
73
73
F
60
60

BUZ $5.57 M 5572475.7242 N/A

C 59
E
72
72
T
65
65
F
59
59

ALFA $34.43 M 34425000 very high fee

C 55
E
72
72
T
68
68
F
55
55

FVL $54.6 M 54601917.196 high all-in costs

C 54
E
82
82
T
63
63
F
54
54

RYJ $195.61 M 195614566.368 high fee; poor tracking

C 48
E
81
81
T
71
71
F
48
48

IPO $13.66 M 13659960 Weak trader

C 42
E
78
78
T
62
62
F
42
42

ACTX $1.49 M 1492752.767621 N/A

D 63
E
73
73
T
54
54
F
63
63

WMW $19.02 M 19022840 MOAT is cheaper, bigger, better

D 62
E
75
75
T
34
34
F
62
62

HUSE $4.7 M 4695302.5 Weak AUM and trading

D 53
E
62
62
T
54
54
F
53
53

NASH $8.74 M 8736983.932011 very thin investor interest

D 37
E
70
70
T
30
30
F
37
37

VAMO $7.15 M 7154158.595135 new; trade with care

D 26
E
74
74
T
43
43
F
26
26

KRMA $36.37 M 36370488.501749 N/A

F 79
E
58
58
T
61
61
F
79
79

ESGS $5.81 M 5813107.655 N/A

F 68
E
50
50
T
63
63
F
68
68

ESG $5.57 M 5567105.6705 N/A

F 65
E
51
51
T
68
68
F
65
65

RODI $32.4 M 32399301.27 new; trade with care

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

RFFC $17.34 M 17339517.7982 N/A

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

BOSS $1.52 M 1520113.117458 N/A

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

UDBI $2.98 M 2977520 N/A

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

FLLV $5.37 M 5372000 N/A

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

ETHO $10.28 M 10279500 N/A

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

TTAC $10.62 M 10623750 N/A

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

QMOM $31.66 M 31656000 N/A

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

MILN $4.15 M 4151152.332641 N/A

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

GVIP $31.97 M 31969000 N/A

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

LVHD $115.99 M 115986000 N/A

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

DWTR $142.85 M 142848975.283 new, trade with care

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

ESGU $7.77 M 7765500 N/A

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

DHVW $19.25 M 19250000 N/A

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

JUNE $2.74 M 2742186.297339 N/A

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

CWS $10.34 M 10344750 N/A

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

CNTR $3.08 M 3077430.774 High closure risk

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

WIL $33.62 M 33622956 trades poorly

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

QVM $3.71 M 3714000 higher fee

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

SWIN $3.94 M 3944167.5882 N/A

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

DIVC $126.04 M 126040000 pays no dividends

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

PY $7.31 M 7305154.2205 N/A

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

PFV $2.76 M 2764000 N/A

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

OUSA $366.71 M 366708508.6491 first launch by issuer

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

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 02/16/17

Equity: U.S. - Total Market

Performance Dispersion
Performance  [as of 02/23/17] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
Benchmark: MSCI USA Investable Markets4.40%7.31%5.70%26.75%9.80%13.16%--
A 91.612039FNDB264054050.05308FNDBSchwab Fundamental US Broad Market Index ETF3.54%6.13%4.03%27.22%10.03%----
A 91.138718DSI786585275DSIiShares MSCI KLD 400 Social ETF3.66%6.82%5.50%24.13%9.30%13.16%6.76%
A 90.498079DTD577707080DTDWisdomTree Total Dividend Fund3.95%7.09%4.18%25.82%11.39%13.36%6.74%
A 86.272482KLD503866215KLDiShares MSCI USA ESG Select ETF4.88%7.72%6.33%25.99%9.69%11.93%6.63%
A 83.371408SIZE265266050SIZEiShares Edge MSCI USA Size Factor ETF4.28%7.18%5.53%25.15%11.15%----
A 82.492747TILT1012034101.2034TILTFlexShares Morningstar US Market Factor Tilt Index Fund4.21%6.96%5.06%31.71%9.65%13.74%--
A 82.101477DGRO1245544125DGROiShares Core Dividend Growth ETF5.53%7.99%5.99%25.54%------
A 80.766952DGRW1223178470DGRWWisdomTree US Quality Dividend Growth Fund5.01%7.61%6.24%23.76%11.29%----
A 80.49661QUAL3469035640QUALiShares Edge MSCI USA Quality Factor ETF5.05%7.34%5.75%20.87%11.03%----
A 79.774891LRGF330631470LRGFiShares Edge MSCI Multifactor USA ETF4.64%7.36%5.58%26.52%------
A 78.433501EUSA125281500EUSAiShares MSCI USA Equal Weighted ETF3.99%6.57%5.77%29.65%10.16%13.50%--
A 72.280728PKW1420266200PKWPowerShares Buyback Achievers Portfolio4.34%4.51%4.32%26.23%8.59%14.41%8.49%
A 69.742123ONEQ945378000ONEQFidelity NASDAQ Composite Tracking Stock5.21%8.70%8.50%31.18%12.22%15.87%9.77%
A 68.830482VIG23682714683.1VIGVanguard Dividend Appreciation Index Fund4.91%7.31%6.16%20.85%9.50%11.89%7.33%
A 62.355573PDP1445238300PDPPowerShares DWA Momentum Portfolio6.04%6.48%6.98%18.28%6.39%11.87%--
A 61.40595MOAT991452297.8MOATVanEck Vectors Morningstar Wide Moat ETF5.52%8.14%8.13%33.77%11.20%----
A 54.749245USMV12296827900USMViShares Edge MSCI Min Vol USA ETF4.60%7.90%5.51%17.33%12.56%13.93%--
A 50.794229MTUM2106862335MTUMiShares Edge MSCI USA Momentum Factor ETF4.57%6.83%6.76%18.98%10.85%----
A 100IYY1103957430IYYiShares Dow Jones U.S. ETF4.40%7.56%5.87%26.67%10.30%12.87%5.89%
A 100THRK424129845.05225THRKSPDR Russell 3000 ETF4.31%7.12%5.52%26.82%10.29%13.77%7.37%
A 100VTHR315781000VTHRVanguard Russell 3000 Index Fund4.33%7.43%5.37%26.96%10.06%13.77%--
A 100VTI75531802358.88VTIVanguard Total Stock Market Index Fund4.44%7.39%5.60%27.42%10.32%13.81%7.70%
A 100ITOT7439139435ITOTiShares Core S&P Total U.S. Stock Market ETF4.43%7.46%5.75%27.42%10.85%13.91%7.30%
A 100SCHB8380682117.5SCHBSchwab U.S. Broad Market ETF4.38%7.40%5.61%27.26%10.39%13.79%--
A 100IWV7397235495IWViShares Russell 3000 ETF4.42%7.34%5.62%27.28%10.24%13.68%7.17%
B 92.048228EXT63240225EXTWisdomTree Total Earnings Fund5.20%8.08%5.67%28.62%10.47%13.55%7.43%
B 88.325431QDF1722509041.11QDFFlexShares Quality Dividend Index Fund4.36%5.98%4.26%26.77%10.98%----
B 86.192084MMTM14896279.35MMTMSPDR S&P 1500 Momentum Tilt ETF4.02%8.47%5.58%21.81%9.51%----
B 85.565109QUS13648000QUSSPDR MSCI USA StrategicFactors ETF4.67%7.39%5.56%22.90%------
B 81.505468QDYN70477440.2728QDYNFlexShares Quality Dividend Dynamic Index Fund5.46%8.26%5.74%32.41%10.08%----
B 80.742536QDEF295503115.2045QDEFFlexShares Quality Dividend Defensive Index Fund4.19%6.12%3.97%23.11%11.11%----
B 71.077247PWC142944500PWCPowerShares Dynamic Market Portfolio4.48%5.31%3.49%26.98%7.91%14.03%6.03%
B 70.149367KNOW246626071.386KNOWDirexion All Cap Insider Sentiment Shares4.42%4.33%3.65%25.82%12.84%14.31%--
B 67.686186PFM314239200PFMPowerShares Dividend Achievers Portfolio3.65%6.38%4.33%19.91%9.58%11.53%5.60%
B 67.644525FPX677610865.338FPXFirst Trust US Equity Opportunities ETF4.56%6.85%6.23%26.26%7.67%16.70%10.46%
B 67.533246NFO73532194.4NFOGuggenheim Insider Sentiment ETF4.61%7.94%6.71%25.15%5.31%9.88%6.79%
B 63.049193VUSE506352000VUSEVident Core US Equity Fund3.24%4.90%3.38%29.91%7.90%----
B 62.19498GURU58114326.078592GURUGlobal X Guru Index ETF4.72%7.63%7.03%26.11%1.28%----
B 58.874998DWAQ33805200DWAQPowerShares DWA NASDAQ Momentum Portfolio5.94%5.43%6.83%28.45%5.08%10.81%4.47%
B 58.169941BFOR194275210BFORALPS Barron's 400 ETF4.09%5.40%3.88%31.57%7.68%----
C 83.806254RFDA22542056.355RFDARiverFront Dynamic US Dividend Advantage ETF2.99%5.92%4.55%--------
C 78.592342USWD1403645USWDWisdomTree Weak Dollar US Equity Fund0%3.58%0.71%27.44%------
C 73.047317IBLN13800000IBLNDirexion iBillionaire Index ETF5.79%9.33%9.82%22.73%------
C 69.060622TUSA8786158.574TUSAFirst Trust Total US Market AlphaDEX ETF4.70%5.72%4.91%31.33%5.81%9.43%3.96%
C 68.987663USSD1430605USSDWisdomTree Strong Dollar U.S. Equity Fund4.91%7.54%5.61%25.21%------
C 68.745899TOFR4037832TOFRStock Split Index Fund3.23%1.72%2.03%16.49%------
C 66.933753TTFS161732950TTFSAdvisorShares Wilshire Buyback ETF3.73%5.06%4.61%28.72%11.80%15.45%--
C 61.879677DEF170353350DEFGuggenheim Defensive Equity ETF4.84%6.81%5.72%21.51%9.26%10.49%5.62%
C 59.725381CSD210392000CSDGuggenheim S&P Spin-Off ETF4.59%6.61%5.96%33.71%2.81%13.48%6.23%
C 59.468072BUZ5572475.7242BUZSprott Buzz Social Media Insights4.63%7.95%5.75%--------
C 55.086525ALFA34425000ALFAAlphaClone Alternative Alpha ETF5.07%7.63%8.27%9.46%-1.14%----
C 53.697996FVL54601917.196FVLFirst Trust Value Line 100 ETF3.06%4.43%3.25%23.64%6.35%10.79%3.93%
C 48.320247RYJ195614566.368RYJGuggenheim Raymond James SB-1 Equity ETF3.59%5.54%4.22%38.36%6.76%12.08%8.39%
C 41.65606IPO13659960IPORenaissance IPO ETF5.75%8.93%10.35%30.89%0.80%----
D 63.254826ACTX1492752.767621ACTXGlobal X Guru Activist Index ETF4.08%8.23%5.25%36.37%------
D 61.646875WMW19022840WMWElements Morningstar Wide Moat Focus Total Return Index ETN5.00%8.37%7.42%32.05%10.68%14.20%--
D 53.193566HUSE4695302.5HUSEUS Market Rotation Strategy ETF3.35%4.49%3.07%19.75%8.00%----
D 37.492276NASH8736983.932011NASHNashville Area ETF6.30%12.89%9.77%25.21%6.78%----
D 26.435664VAMO7154158.595135VAMOCambria Value & Momentum ETF-0.32%-2.25%-1.76%5.32%------
F 79.358406KRMA36370488.501749KRMAGlobal X Conscious Companies ETF4.48%7.58%5.54%--------
F 67.560096ESGS5813107.655ESGSColumbia Sustainable U.S. Equity Income ETF5.34%7.50%5.65%--------
F 65.108606ESG5567105.6705ESGFlexShares STOXX US ESG Impact Index Fund5.03%12.21%5.94%--------
N/A 0RODI32399301.27RODIBarclays Return on Disability ETN0%0%0%15.13%------
N/A 0RFFC17339517.7982RFFCRiverFront Dynamic US Flex-Cap ETF3.31%6.70%5.60%--------
N/A 0BOSS1520113.117458BOSSGlobal X Founder-Run Companies ETF--------------
N/A 0UDBI2977520UDBILegg Mason US Diversified Core ETF4.15%6.47%5.77%26.05%------
N/A 0FLLV5372000FLLVFranklin Liberty U.S. Low Volatility ETF4.15%6.22%4.59%--------
N/A 0ETHO10279500ETHOEtho Climate Leadership U.S. ETF4.13%6.05%6.08%28.84%------
N/A 0TTAC10623750TTACTrimTabs Float Shrink ETF3.30%3.96%3.99%--------
N/A 0QMOM31656000QMOMMomentumShares U.S. Quantitative Momentum ETF3.26%4.79%5.46%21.32%------
N/A 0MILN4151152.332641MILNGlobal X Millennials Thematic ETF2.04%4.70%5.57%--------
N/A 0GVIP31969000GVIPGoldman Sachs Hedge Industry VIP ETF4.52%7.98%7.30%--------
N/A 0LVHD115986000LVHDLegg Mason Low Volatility High Dividend ETF3.19%7.84%4.35%20.86%------
N/A 0DWTR142848975.283DWTRPowerShares DWA Tactical Sector Rotation Portfolio2.91%1.61%3.67%14.08%------
N/A 0ESGU7765500ESGUiShares MSCI USA ESG Optimized ETF1.90%--2.80%--------
N/A 0DHVW19250000DHVWDiamond Hill Valuation-Weighted 500 ETF4.72%8.47%6.63%28.18%------
N/A 0JUNE2742186.297339JUNEDhandho Junoon ETF1.00%4.52%1.34%--------
N/A 0CWS10344750CWSAdvisorShares Focused Equity ETF4.14%5.19%5.96%--------
N/A 0CNTR3077430.774CNTRPowerShares Contrarian Opportunities Portfolio3.86%6.75%3.23%36.56%8.55%----
N/A 0WIL33622956WILBarclays Women in Leadership ETN3.59%7.84%4.64%28.49%------
N/A 0QVM3714000QVMArrow QVM Equity Factor ETF3.67%2.95%2.63%19.20%------
N/A 0SWIN3944167.5882SWINALPS Dorsey Wright Sector Momentum ETF4.85%------------
N/A 0DIVC126040000DIVCC-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor3.60%6.80%3.43%36.22%------
N/A 0PY7305154.2205PYPrincipal Shareholder Yield Index ETF5.23%8.44%4.66%--------
N/A 0PFV2764000PFVAmplify YieldShares Prime 5 Dividend ETF3.29%6.95%3.49%--------
N/A 0OUSA366708508.6491OUSAO'Shares FTSE US Quality Dividend ETF4.50%7.59%4.84%17.89%------
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 02/24/17)

All Funds (91)

100
99.710257
100
99.606716
99
98.65874
98
98.492097
98
98.33401
98
98.229101
98
98.14857
98
98.095437
98
98.058972
98
97.956065
97
97.284703
96
96.381566
96
96.34849
95
95.193059
95
94.743148
94
94.187711
93
92.96741
93
92.654999
92
92.104365
92
91.5078
91
91.081369
91
90.743823
90
90.216067
90
90.064567
89
89.497918
89
89.323759
89
89.292614
89
89.139159
89
88.533617
88
88.221341
88
88.059572
87
86.633146
86
86.265259
86
85.979633
85
85.400346
85
85.35018
85
84.654867
83
83.156199
83
83.135038
83
82.654909
82
81.77331
81
81.39965
78
78.145434
78
77.738065
77
76.996064
75
75.040148
75
74.517692
74
74.428379
74
74.132184
73
73.309697
72
72.20493
72
72.115133
72
72.097798
72
71.82672
72
71.795804
70
70.408591
62
62.270046
58
58.290244
51
51.077843
50
50.370732
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
63
62.791932
N/A
0
79
78.949333597957
N/A
0
42
41.914758867343

ETF.com Grade as 02/16/17

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
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.12% -0.05% 0.05% -0.17% 20.00% / 39.60% Medium 94.743148
VIG Vanguard Dividend Appreciation Index Fund 0.09% -0.11% -0.06% -0.14% 20.00% / 39.60% Low 98.65874
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor 0.70% -0.65% -0.30% -0.71% 20.00% / 39.60% Low 0
QDEF FlexShares Quality Dividend Defensive Index Fund 0.37% -0.50% -0.18% -0.96% 20.00% / 39.60% Low 86.265259
PY Principal Shareholder Yield Index ETF 0.40% -- -- -- 20.00% / 39.60% High 0
PFV Amplify YieldShares Prime 5 Dividend ETF 0.49% -- -- -- 20.00% / 39.60% Low 0
GURU Global X Guru Index ETF 0.75% -0.34% -0.03% -0.53% 20.00% / 39.60% Low 85.35018
SIZE iShares Edge MSCI USA Size Factor ETF 0.15% -0.13% -0.06% -0.23% 20.00% / 39.60% Low 98.229101
MOAT VanEck Vectors Morningstar Wide Moat ETF 0.49% -0.68% -0.54% -0.78% 20.00% / 39.60% Low 89.292614
DSI iShares MSCI KLD 400 Social ETF 0.50% -0.53% -0.43% -0.69% 20.00% / 39.60% Low 90.216067
QDF FlexShares Quality Dividend Index Fund 0.37% -0.45% -0.10% -0.85% 20.00% / 39.60% Low 86.633146
UDBI Legg Mason US 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% Low 0
HUSE US Market Rotation Strategy ETF 1.07% -- -- -- 20.00% / 39.60% High 62.270046
THRK SPDR Russell 3000 ETF 0.10% 0.11% 0.18% -0.15% 20.00% / 39.60% Low 97.956065
ACTX Global X Guru Activist Index ETF 0.75% -0.31% -0.20% -0.51% 20.00% / 39.60% High 73.309697
MTUM iShares Edge MSCI USA Momentum Factor ETF 0.15% -0.17% -0.13% -0.30% 20.00% / 39.60% Low 98.492097
VTHR Vanguard Russell 3000 Index Fund 0.15% -0.24% -0.08% -0.38% 20.00% / 39.60% Low 96.381566
DTD WisdomTree Total Dividend Fund 0.28% -0.30% -0.24% -0.60% 20.00% / 39.60% Low 92.654999
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.37% -0.42% -0.19% -0.71% 20.00% / 39.60% Low 88.059572
BUZ Sprott Buzz Social Media Insights 0.75% -- -- -- 20.00% / 39.60% High 71.795804
TTAC TrimTabs Float Shrink ETF 0.59% -- -- -- 20.00% / 39.60% Low 0
IBLN Direxion iBillionaire Index ETF 0.65% -0.70% -0.37% -1.25% 20.00% / 39.60% High 72.20493
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.25% -0.11% 0.03% -0.42% 20.00% / 39.60% Low 91.5078
ALFA AlphaClone Alternative Alpha ETF 0.95% -0.54% -0.21% -0.96% 20.00% / 39.60% Medium 72.115133
NASH Nashville Area ETF 0.49% 1.10% 1.60% -0.19% 20.00% / 39.60% High 70.408591
VTI Vanguard Total Stock Market Index Fund 0.05% -0.01% 0.01% -0.03% 20.00% / 39.60% Low 99.606716
DWAQ PowerShares DWA NASDAQ Momentum Portfolio 0.60% -0.71% -0.59% -0.81% 20.00% / 39.60% Low 89.497918
QUAL iShares Edge MSCI USA Quality Factor ETF 0.15% -0.15% -0.08% -0.24% 20.00% / 39.60% Low 98.095437
MILN Global X Millennials Thematic ETF 0.68% -- -- -- 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% 0.03% 0.63% -0.34% 20.00% / 39.60% High 78.145434
TOFR Stock Split Index Fund 0.55% -0.68% -0.56% -0.91% 20.00% / 39.60% High 77.738065
BFOR ALPS Barron's 400 ETF 0.65% -0.64% -0.55% -0.78% 20.00% / 39.60% Low 83.156199
NFO Guggenheim Insider Sentiment ETF 0.67% -0.40% -0.33% -0.56% 20.00% / 39.60% Low 89.139159
VUSE Vident Core US Equity Fund 0.55% 0.29% 0.42% 0.12% 20.00% / 39.60% Low 85.400346
DWTR PowerShares DWA Tactical Sector Rotation Portfolio 0.75% -- -- -- 20.00% / 39.60% Low 0
QUS SPDR MSCI USA StrategicFactors ETF 0.15% -0.07% -0.04% -0.15% 20.00% / 39.60% Medium 90.743823
ESGU iShares MSCI USA ESG Optimized ETF 0.28% -- -- -- 20.00% / 39.60% Low 0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.03% -0.46% 0.73% -0.98% 20.00% / 39.60% Low 100
TTFS AdvisorShares Wilshire Buyback ETF 0.90% -- -- -- 20.00% / 39.60% Low 74.517692
CNTR PowerShares Contrarian Opportunities Portfolio 0.35% -0.62% -0.62% -0.62% 20.00% / 39.60% High 0
ONEQ Fidelity NASDAQ Composite Tracking Stock 0.21% 0.05% 0.13% -0.07% 20.00% / 39.60% Low 96.34849
WIL Barclays Women in Leadership ETN 0.45% -- -- -- 20.00% / 39.60% Medium 0
EUSA iShares MSCI USA Equal Weighted ETF 0.15% -0.12% -0.03% -0.28% 20.00% / 39.60% Low 98.058972
QVM Arrow QVM Equity Factor ETF 0.65% -- -- -- 20.00% / 39.60% High 0
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.52% -- -- -- 20.00% / 39.60% High 74.428379
SWIN ALPS Dorsey Wright Sector Momentum ETF 0.40% -- -- -- 20.00% / 39.60% Low 0
IWV iShares Russell 3000 ETF 0.20% -0.16% -0.11% -0.23% 20.00% / 39.60% Low 98.33401
TUSA First Trust Total US Market AlphaDEX ETF 0.70% -0.82% -0.63% -1.11% 20.00% / 39.60% High 76.996064
CSD Guggenheim S&P Spin-Off ETF 0.65% 1.19% 1.90% -0.67% 20.00% / 39.60% Low 72.097798
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% -0.92% -0.73% -1.13% 20.00% / 39.60% High 75.040148
EXT WisdomTree Total Earnings Fund 0.28% -0.34% -0.10% -1.03% 20.00% / 39.60% Low 92.104365
RODI Barclays Return on Disability ETN 0.45% -0.47% -0.42% -0.61% 20.00% / 39.60% Medium 0
RFFC RiverFront Dynamic US Flex-Cap ETF 0.52% -- -- -- 20.00% / 39.60% High 0
BOSS Global X Founder-Run Companies ETF 0.65% -- -- -- 20.00% / 39.60% Low 0
IYY iShares Dow Jones U.S. ETF 0.20% -0.18% -0.09% -0.31% 20.00% / 39.60% Low 97.284703
USMV iShares Edge MSCI Min Vol USA ETF 0.15% -0.16% -0.13% -0.20% 20.00% / 39.60% Low 98.14857
DEF Guggenheim Defensive Equity ETF 0.60% -0.58% -0.41% -1.72% 20.00% / 39.60% Low 71.82672
PDP PowerShares DWA Momentum Portfolio 0.64% -0.68% -0.60% -0.84% 20.00% / 39.60% Low 88.533617
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 50.370732
KLD iShares MSCI USA ESG Select ETF 0.50% -0.55% -0.42% -0.71% 20.00% / 39.60% Low 90.064567
USSD WisdomTree Strong Dollar U.S. Equity Fund 0.33% 0.17% 0.28% 0.02% 20.00% / 39.60% High 82.654909
DGRO iShares Core Dividend Growth ETF 0.08% -0.07% -0.02% -0.14% 20.00% / 39.60% Low 99.710257
PFM PowerShares Dividend Achievers Portfolio 0.55% -0.60% -0.50% -0.67% 20.00% / 39.60% Low 89.323759
QMOM MomentumShares U.S. Quantitative Momentum ETF 0.79% -- -- -- 20.00% / 39.60% Low 0
FNDB Schwab Fundamental US Broad Market Index ETF 0.32% -0.32% -0.22% -0.40% 20.00% / 39.60% Low 94.187711
KRMA Global X Conscious Companies ETF 0.43% -- -- -- 20.00% / 39.60% Medium 58.290244
KNOW Direxion All Cap Insider Sentiment Shares 0.65% 1.17% 1.49% 0.89% 20.00% / 39.60% Low 84.654867
USWD WisdomTree Weak Dollar US Equity Fund 0.33% 0.30% 0.44% 0.20% 20.00% / 39.60% High 83.135038
DGRW WisdomTree US Quality Dividend Growth Fund 0.28% -0.27% -0.18% -0.51% 20.00% / 39.60% Low 92.96741
PKW PowerShares Buyback Achievers Portfolio 0.63% -0.64% -0.54% -0.88% 20.00% / 39.60% Low 88.221341
LVHD Legg Mason Low Volatility High Dividend ETF 0.30% -- -- -- 20.00% / 39.60% Low 0
FPX First Trust US Equity Opportunities ETF 0.60% -0.70% -0.60% -0.77% 20.00% / 39.60% Low 85.979633
RYJ Guggenheim Raymond James SB-1 Equity ETF 0.75% -0.66% -0.56% -1.02% 20.00% / 39.60% Low 81.39965
ESG FlexShares STOXX US ESG Impact Index Fund 0.32% -- -- -- 20.00% / 39.60% High 51.077843
LRGF iShares Edge MSCI Multifactor USA ETF 0.20% -0.33% -0.25% -0.43% 20.00% / 39.60% Low 95.193059
VAMO Cambria Value & Momentum ETF 0.59% -- -- -- 20.00% / 39.60% High 74.132184
DHVW Diamond Hill Valuation-Weighted 500 ETF 0.10% -- -- -- 20.00% / 39.60% Medium 0
PWC PowerShares Dynamic Market Portfolio 0.60% -0.71% -0.61% -0.97% 20.00% / 39.60% Low 91.081369
JUNE Dhandho Junoon ETF 0.75% -- -- -- 20.00% / 39.60% High 0
CWS AdvisorShares Focused Equity ETF 0.75% -- -- -- 20.00% / 39.60% Low 0
FVL First Trust Value Line 100 ETF 0.70% -0.88% -0.45% -1.43% 20.00% / 39.60% Low 81.77331
SCHB Schwab U.S. Broad Market ETF 0.03% -0.06% -0.03% -0.13% 20.00% / 39.60% Low 100
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 02/24/17)

All Funds (91)

100
99.781333
100
99.617775
99
99.480239
99
99.375995
99
99.348097
99
98.834898
99
98.807953
99
98.570118
98
98.332819
98
98.243077
98
98.062383
98
97.64535
97
97.248171
97
97.23238
97
96.667717
95
94.982226
95
94.679225
94
93.6825
93
93.242094
93
93.110329
92
92.411596
91
91.360352
89
89.139038
89
89.104891
88
87.859656
87
86.834422
82
82.489624
82
81.900827
78
78.388893
78
78.248267
77
77.386484
77
77.002183
75
75.236296
73
73.106917
71
71.01888
70
70.023268
68
68.356506
68
67.747115
68
67.679421
68
67.642772
68
67.580331
67
67.440338
67
66.959606
67
66.545751
66
66.472419
65
65.074368
63
63.463077
63
63.29087
63
62.857874
62
61.509453
61
61.075073
58
57.760345
54
53.888157
54
53.815169
53
53.310758
52
51.822603
49
48.607304
48
48.180977
43
43.113686
41
40.848292
34
33.634465
30
29.521817
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
60
60.430399
N/A
0
54
53.619697855977
N/A
0
61
61.427220505174

ETF.com Grade as 02/16/17

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
EXT WisdomTree Total Earnings Fund $73.92 K 0.76% 0.02 100.00% 0.01% 0.07% None 48.180977
MOAT VanEck Vectors Morningstar Wide Moat ETF $4.13 M 0.06% 2.31 100.00% 0.03% 0.03% None 97.64535
RODI Barclays Return on Disability ETN $0 8.13% 0.00 -- -- 0% None 0
RFFC RiverFront Dynamic US Flex-Cap ETF $217.39 K 0.31% 0.15 100.00% 0.01% 0.03% None 0
MTUM iShares Edge MSCI USA Momentum Factor ETF $18.03 M 0.03% 4.59 100.00% 0.02% 0.01% None 99.348097
VTHR Vanguard Russell 3000 Index Fund $677.37 K 0.09% 0.25 100.00% 0.00% 0.07% None 86.834422
ESGS Columbia Sustainable U.S. Equity Income ETF $5.63 K 0.22% 0.00 100.00% 0.01% 0.03% None 63.29087
ACTX Global X Guru Activist Index ETF $4.35 K 0.49% 0.00 100.00% 0.02% 0.10% None 53.815169
ALFA AlphaClone Alternative Alpha ETF $134.18 K 0.19% 0.07 100.00% 0.11% 0.01% None 67.679421
FNDB Schwab Fundamental US Broad Market Index ETF $1.09 M 0.18% 0.66 100.00% 0.00% 0.06% None 92.411596
NASH Nashville Area ETF $8.41 K 0.84% 0.00 100.00% 1.28% 0.03% None 29.521817
VTI Vanguard Total Stock Market Index Fund $257.53 M 0.01% 21.74 100.00% 0.01% 0.00% None 99.781333
KRMA Global X Conscious Companies ETF $27.1 K 0.28% 0.03 100.00% 0.01% 0.09% None 61.075073
BFOR ALPS Barron's 400 ETF $458.57 K 0.24% 0.26 100.00% 0.04% 0.03% None 75.236296
FPX First Trust US Equity Opportunities ETF $3.08 M 0.07% 1.13 100.00% 0.08% 0.02% None 97.248171
NFO Guggenheim Insider Sentiment ETF $111.71 K 0.21% 0.04 100.00% 0.07% 0.02% None 67.440338
RYJ Guggenheim Raymond James SB-1 Equity ETF $432.46 K 0.33% 0.21 100.00% 0.18% 0.05% None 71.01888
VUSE Vident Core US Equity Fund $1.08 M 0.28% 0.37 100.00% 0.05% 0.03% None 87.859656
ESG FlexShares STOXX US ESG Impact Index Fund $12.47 K 0.09% 0.00 100.00% 0.01% 0.03% None 67.580331
CNTR PowerShares Contrarian Opportunities Portfolio $14.94 K 0.26% 0.01 100.00% 0.16% 0.03% None 0
FVL First Trust Value Line 100 ETF $72.59 K 0.27% 0.06 100.00% 0.09% 0.04% None 62.857874
ONEQ Fidelity NASDAQ Composite Tracking Stock $7.46 M 0.21% 0.33 100.00% 0.08% 0.02% None 89.139038
SCHB Schwab U.S. Broad Market ETF $35.23 M 0.02% 12.83 100.00% 0.00% 0.05% None 98.807953
WIL Barclays Women in Leadership ETN $12.87 K 0.40% 0.00 -- -- 0% None 0
CWS AdvisorShares Focused Equity ETF $118.37 K 0.22% 0.18 100.00% 0.07% 0.07% None 0
CSD Guggenheim S&P Spin-Off ETF $547.66 K 0.38% 0.25 100.00% 0.13% 0.02% None 73.106917
GURU Global X Guru Index ETF $211.21 K 0.27% 0.17 100.00% 0.04% 0.06% None 66.472419
OUSA O'Shares FTSE US Quality Dividend ETF $1.85 M 0.08% 1.34 100.00% 0.01% 0.03% None 0
SIZE iShares Edge MSCI USA Size Factor ETF $303.15 K 0.28% 0.08 100.00% 0.01% 0.04% None 70.023268
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN $41.84 K 1.73% 0.01 100.00% -- 0% Potential 33.634465
PFV Amplify YieldShares Prime 5 Dividend ETF $8.07 K 0.19% 0.00 100.00% 2.12% 0.04% None 0
FLLV Franklin Liberty U.S. Low Volatility ETF $0 0.26% 0.00 100.00% 0.04% 0.02% None 0
DEF Guggenheim Defensive Equity ETF $391.46 K 0.16% 0.20 100.00% 0.02% 0.02% None 77.002183
HUSE US Market Rotation Strategy ETF $60.5 K 0.56% 0.07 100.00% 0.13% 0.03% None 53.888157
PDP PowerShares DWA Momentum Portfolio $5.8 M 0.05% 2.65 100.00% 0.05% 0.02% None 98.062383
THRK SPDR Russell 3000 ETF $838.73 K 0.34% 0.10 100.00% 0.01% 0.03% None 82.489624
ETHO Etho Climate Leadership U.S. ETF $74.45 K 0.25% 0.05 100.00% 0.01% 0.05% None 0
TTAC TrimTabs Float Shrink ETF $104.11 K 0.22% 0.15 100.00% 0.02% 0.07% None 0
DGRO iShares Core Dividend Growth ETF $11.33 M 0.04% 7.78 100.00% 0.00% 0.05% None 98.332819
IBLN Direxion iBillionaire Index ETF $85.09 K 0.16% 0.06 100.00% 0.01% 0.02% None 66.959606
PFM PowerShares Dividend Achievers Portfolio $516.27 K 0.14% 0.44 100.00% 0.00% 0.04% None 81.900827
TILT FlexShares Morningstar US Market Factor Tilt Index Fund $2.36 M 0.11% 0.49 100.00% 0.01% 0.03% None 93.6825
QMOM MomentumShares U.S. Quantitative Momentum ETF $53.38 K 0.20% 0.04 100.00% 0.10% 0.02% None 0
GVIP Goldman Sachs Hedge Industry VIP ETF $320.94 K 0.14% 0.15 100.00% 0.03% 0.01% None 0
DGRW WisdomTree US Quality Dividend Growth Fund $6.31 M 0.04% 3.74 100.00% 0.01% 0.03% None 98.570118
IPO Renaissance IPO ETF $51.33 K 0.22% 0.05 100.00% 0.23% 0.04% None 61.509453
PKW PowerShares Buyback Achievers Portfolio $3.82 M 0.06% 1.47 100.00% 0.02% 0.02% None 98.243077
TOFR Stock Split Index Fund $6.27 K 0.35% 0.01 100.00% 0.48% 0.04% None 53.310758
LVHD Legg Mason Low Volatility High Dividend ETF $723.26 K 0.18% 0.50 100.00% 0.02% 0.02% None 0
ESGU iShares MSCI USA ESG Optimized ETF $0 0.18% -- 100.00% 0.00% 0.04% None 0
DHVW Diamond Hill Valuation-Weighted 500 ETF $153.94 K 0.12% 0.12 100.00% 0.00% 0.04% None 0
ITOT iShares Core S&P Total U.S. Stock Market ETF $46.19 M 0.03% 17.54 100.00% 0.00% 0.11% None 97.23238
PWC PowerShares Dynamic Market Portfolio $154.83 K 0.19% 0.04 100.00% 0.11% 0.01% None 67.642772
TTFS AdvisorShares Wilshire Buyback ETF $571.64 K 0.25% 0.35 100.00% 0.04% 0.03% None 77.386484
JUNE Dhandho Junoon ETF $9.35 K 0.55% 0.01 100.00% 0.09% 0.04% None 0
SWIN ALPS Dorsey Wright Sector Momentum ETF $108.86 K 0.17% 0.09 100.00% 0.04% 0.04% None 0
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor $0 0.29% 0.00 -- -- 0.10% Potential 0
IWV iShares Russell 3000 ETF $29.31 M 0.02% 4.31 100.00% 0.01% 0.04% None 98.834898
QDEF FlexShares Quality Dividend Defensive Index Fund $523.49 K 0.22% 0.27 100.00% 0.03% 0.04% None 78.248267
TUSA First Trust Total US Market AlphaDEX ETF $32.47 K 0.63% 0.02 100.00% 0.00% 0.03% None 51.822603
PY Principal Shareholder Yield Index ETF $4.57 K 0.39% 0.00 100.00% 0.02% 0.03% None 0
BOSS Global X Founder-Run Companies ETF $177.62 K 0.23% 0.23 100.00% 0.02% 0.10% None 0
DSI iShares MSCI KLD 400 Social ETF $3.19 M 0.14% 0.76 100.00% 0.01% 0.02% None 94.679225
IYY iShares Dow Jones U.S. ETF $3.55 M 0.09% 0.62 100.00% 0.01% 0.05% None 94.982226
QDF FlexShares Quality Dividend Index Fund $4.55 M 0.09% 2.27 100.00% 0.03% 0.04% None 96.667717
USMV iShares Edge MSCI Min Vol USA ETF $90.33 M 0.02% 19.23 100.00% 0.03% 0.01% None 99.480239
UDBI Legg Mason US Diversified Core ETF $4.64 K 0.23% 0.00 100.00% 0.01% 0.05% None 0
DTD WisdomTree Total Dividend Fund $1.5 M 0.23% 0.36 100.00% 0.01% 0.06% None 89.104891
KLD iShares MSCI USA ESG Select ETF $1.91 M 0.19% 0.41 100.00% 0.05% 0.01% None 91.360352
QDYN FlexShares Quality Dividend Dynamic Index Fund $187.12 K 0.23% 0.09 100.00% 0.02% 0.04% None 68.356506
USSD WisdomTree Strong Dollar U.S. Equity Fund $9.04 K 0.96% 0.00 100.00% 0.01% 0.05% None 40.848292
BUZ Sprott Buzz Social Media Insights $16.89 K 0.17% 0.01 100.00% 0.01% 0.04% None 65.074368
DWAQ PowerShares DWA NASDAQ Momentum Portfolio $37.6 K 0.32% 0.01 100.00% 0.35% 0.01% None 57.760345
KNOW Direxion All Cap Insider Sentiment Shares $1.55 M 0.11% 0.40 100.00% 0.07% 0.01% None 93.110329
QUAL iShares Edge MSCI USA Quality Factor ETF $19.2 M 0.02% 5.50 100.00% 0.02% 0.01% None 99.375995
USWD WisdomTree Weak Dollar US Equity Fund $0 0.70% 0.00 100.00% 0.01% 0.05% None 48.607304
MILN Global X Millennials Thematic ETF $32.01 K 0.39% 0.04 100.00% 0.01% 0.09% None 0
DWTR PowerShares DWA Tactical Sector Rotation Portfolio $1.01 M 0.36% 0.81 100.00% 73.00% 0.04% None 0
LRGF iShares Edge MSCI Multifactor USA ETF $1.49 M 0.22% 1.10 100.00% 0.01% 0.03% None 93.242094
QUS SPDR MSCI USA StrategicFactors ETF $104.52 K 0.14% 0.03 100.00% 0.01% 0.05% None 67.747115
VAMO Cambria Value & Momentum ETF $75.85 K 0.83% 0.06 100.00% 0.25% 0.06% None 43.113686
EUSA iShares MSCI USA Equal Weighted ETF $610.53 K 0.25% 0.25 100.00% 0.00% 0.06% None 78.388893
MMTM SPDR S&P 1500 Momentum Tilt ETF $66.75 K 0.25% 0.00 100.00% 0.01% 0.06% None 63.463077
QVM Arrow QVM Equity Factor ETF $0 0.35% 0.00 100.00% 0.14% 0.04% None 0
VIG Vanguard Dividend Appreciation Index Fund $62.72 M 0.01% 28.81 100.00% 0.01% 0.01% None 99.617775
RFDA RiverFront Dynamic US Dividend Advantage ETF $214.01 K 0.27% 0.16 100.00% 0.02% 0.04% None 66.545751
RWV Oppenheimer Navellier Overall A-100 Revenue ETF $4.67 K 0.00 100.00% 0.16% 0.02% None 60.430399
WIZE CrowdInvest Wisdom $0 0.00 100.00% 0% -- None 0
RORO SPDR SSgA Risk Aware ETF $4.1 K 0.00 100.00% 0.00% 0.03% None 53.619697855977
FMLP ETRACS Wells Fargo MLP Ex-Energy ETN $0 0.00 100.00% -- 0.13% Potential 0
VLLV Direxion Value Line Conservative Equity $0 0.00 100.00% 0.02% 0.06% None 61.427220505174

ETF.com/ Block Liquidity

TTAC
5
4
3
2
1
TILT
5
4
3
2
1
IBLN
5
4
3
2
1
GVIP
5
4
3
2
1
TTFS
5
4
3
2
1
ITOT
5
4
3
2
1
SWIN
5
4
3
2
1
TUSA
5
4
3
2
1
IWV
5
4
3
2
1
BOSS
5
4
3
2
1
USMV
5
4
3
2
1
IYY
5
4
3
2
1
KLD
5
4
3
2
1
KNOW
5
4
3
2
1
LRGF
5
4
3
2
1
VIG
5
4
3
2
1
MMTM
5
4
3
2
1
MOAT
5
4
3
2
1
MTUM
5
4
3
2
1
VTHR
5
4
3
2
1
VTI
5
4
3
2
1
NFO
5
4
3
2
1
BFOR
5
4
3
2
1
VUSE
5
4
3
2
1
ONEQ
5
4
3
2
1
OUSA
5
4
3
2
1
CSD
5
4
3
2
1
PDP
5
4
3
2
1
DEF
5
4
3
2
1
ETHO
5
4
3
2
1
PFM
5
4
3
2
1
DGRO
5
4
3
2
1
PKW
5
4
3
2
1
DGRW
5
4
3
2
1
LVHD
5
4
3
2
1
PWC
5
4
3
2
1
DHVW
5
4
3
2
1
QDEF
5
4
3
2
1
QDF
5
4
3
2
1
DSI
5
4
3
2
1
QDYN
5
4
3
2
1
DTD
5
4
3
2
1
QUAL
5
4
3
2
1
QUS
5
4
3
2
1
RFDA
5
4
3
2
1
EUSA
5
4
3
2
1
RFFC
5
4
3
2
1
EXT
5
4
3
2
1
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
THRK
5
4
3
2
1
IPO
5
4
3
2
1
ESGU
5
4
3
2
1
USSD
5
4
3
2
1
USWD
5
4
3
2
1
VAMO
5
4
3
2
1
ACTX
5
4
3
2
1
ALFA
5
4
3
2
1
CNTR
5
4
3
2
1
QMOM
5
4
3
2
1
JUNE
5
4
3
2
1
PY
5
4
3
2
1
UDBI
5
4
3
2
1
BUZ
5
4
3
2
1
MILN
5
4
3
2
1
DWAQ
5
4
3
2
1
QVM
5
4
3
2
1
ESGS
5
4
3
2
1
KRMA
5
4
3
2
1
CWS
5
4
3
2
1
FVL
5
4
3
2
1
FLLV
5
4
3
2
1
HUSE
5
4
3
2
1
TOFR
5
4
3
2
1
NASH
5
4
3
2
1
DWTR
5
4
3
2
1
PFV
5
4
3
2
1
WIL
5
4
3
2
1
WMW
5
4
3
2
1
DIVC
5
4
3
2
1
RODI
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 02/24/17)

All Funds (91)

92
92.048228
92
91.612039
91
91.138718
90
90.498079
88
88.325431
86
86.272482
86
86.192084
86
85.565109
84
83.806254
83
83.371408
82
82.492747
82
82.101477
82
81.505468
81
80.766952
81
80.742536
80
80.49661
80
79.774891
79
79.358406
79
78.592342
78
78.433501
73
73.047317
72
72.280728
71
71.077247
70
70.149367
70
69.742123
69
69.060622
69
68.987663
69
68.830482
69
68.745899
68
67.686186
68
67.644525
68
67.560096
68
67.533246
67
66.933753
65
65.108606
63
63.254826
63
63.049193
62
62.355573
62
62.19498
62
61.879677
62
61.646875
61
61.40595
60
59.725381
59
59.468072
59
58.874998
58
58.169941
55
55.086525
55
54.749245
54
53.697996
53
53.193566
51
50.794229
48
48.320247
42
41.65606
37
37.492276
26
26.435664
100
100
100
100
100
100
100
100
100
100
100
100
100
100
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
47
47.340683
N/A
0
70
70.082878306583
N/A
0
72
71.579646534613

ETF.com Grade as 02/16/17

Equity: U.S. - Total Market