Equity: U.S. - Total Market

WMW Top Performer Intra-day
Price $25.18
Today’s Change +0.45%(1.80)
3:45pm 01/13/2017
NASH Bottom Performer Intra-day
Price $27.56
Today’s Change -0.59%(-2.09)
2:47pm 01/13/2017
  • Overview
  • Efficiency
  • Tradability
  • Fit

ETF.com Insight

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

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

For investors looking for funds that forego market-cap coverage in pursuit of something else have plenty of choices. This “something else” varies in both nature and strength. The nature of these alternative exposures includes ETFs with a bias toward dividends (DTD), quality (QUAL) or ESG themes (KLD).0 The strength of these plays varies too, meaning a momentum-oriented fund like MMTM has subtle biases relative to the market while another momentum play (DWAQ) takes a far more aggressive stance. A lower “Fit” score signals that a fund makes bolder choices in executing its thesis. Among the non-market-cap weighted funds, USMV makes the Opportunities List with a rigorous low-vol approach in a large and liquid wrapper. Still, USMV is more the exception than the rule: Funds with alternative exposure typically carry higher fees and trade at wider spreads, and some are at risk to close. See the Efficiency tab for more on this last point. (Insight updated 01/16/17)

All Funds (90)

DTD $554.7 M 554704560 well established

A 92
E
93
93
T
89
89
F
92
92

DSI $760.81 M 760807320 not cheap but well established

A 92
E
90
90
T
95
95
F
92
92

FNDB $241.09 M 241085288.05071 decent assets

A 89
E
93
93
T
92
92
F
89
89

DGRO $1.04 B 1044212530 low fee

A 84
E
100
100
T
97
97
F
84
84

DGRW $1.11 B 1107205670 healthy AUM; middling yield

A 83
E
93
93
T
97
97
F
83
83

EUSA $98.63 M 98634930 changed indexes 9.1.2015

A 79
E
98
98
T
78
78
F
79
79

EXT $64.52 M 64517360 middling liquidity

B 92
E
92
92
T
49
49
F
92
92

FPX $631.58 M 631580109.84 Decent liquidity

B 63
E
86
86
T
97
97
F
63
63

BFOR $186.89 M 186887540 400 holdings equally weighted

B 60
E
83
83
T
77
77
F
60
60

DWAQ $31.95 M 31948000 thinly traded

B 58
E
89
89
T
59
59
F
58
58

CSD $202.12 M 202124000 Small basket

C 60
E
72
72
T
79
79
F
60
60

DEF $169.15 M 169149100 decent assets

C 54
E
72
72
T
77
77
F
54
54

ALFA $32.6 M 32598000 very high fee

C 38
E
72
72
T
68
68
F
38
38

ACTX $1.44 M 1439034.198698 N/A

D 65
E
72
72
T
54
54
F
65
65

BUZ $5.39 M 5392673.9262 N/A

D 61
E
72
72
T
63
63
F
61
61

ESGS $5.55 M 5549248.3 N/A

F 67
E
50
50
T
64
64
F
67
67

ESG $5.33 M 5327363.2731 N/A

F 63
E
51
51
T
67
67
F
63
63

ESGU $7.44 M 7439040 N/A

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

DHVW $17.07 M 17069000 N/A

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

CWS $9.28 M 9276400 N/A

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

CNTR $3.01 M 3010630.106 High closure risk

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

DIVC $119.6 M 119600000 pays no dividends

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

FLLV $5.16 M 5158000 N/A

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

ETHO $8.46 M 8455470 N/A

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

DWTR $152.81 M 152805224.646 new, trade with care

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

SIZE $239.66 M 239662500 low fee; decent assets

A 84
E
97
97
T
70
70
F
84
84

TILT $963.53 M 963525127.8198 large asset base

A 84
E
90
90
T
92
92
F
84
84

QUAL $3.56 B 3557984400 Indexes changed September 1 2015

A 83
E
97
97
T
99
99
F
83
83

LRGF $318.73 M 318732160 new; trade with care

A 80
E
94
94
T
89
89
F
80
80

VIG $22.64 B 22641145384.56 Dirt cheap all in

A 76
E
99
99
T
100
100
F
76
76

PKW $1.39 B 1386137900 large and liquid

A 74
E
87
87
T
98
98
F
74
74

ONEQ $830.79 M 830794000 Only includes Nasdaq listed firms

A 71
E
96
96
T
88
88
F
71
71

PDP $1.44 B 1437507200 solid investor interest

A 63
E
87
87
T
98
98
F
63
63

MOAT $904.12 M 904123088.75 good liquidity

A 63
E
88
88
T
97
97
F
63
63

USMV $12.27 B 12267554880 massive AUM for non-vanilla

A 59
E
97
97
T
99
99
F
59
59

MTUM $1.94 B 1938434130 hefty AUM; low fee

A 55
E
97
97
T
99
99
F
55
55

ITOT $6.53 B 6533879175 low all in costs

A 100
E
100
100
T
97
97
F
100
100

SCHB $7.88 B 7881866289.9 Cheap, easy to trade

A 100
E
100
100
T
99
99
F
100
100

IWV $7.21 B 7205712280 large and liquid

A 100
E
97
97
T
99
99
F
100
100

IYY $1.04 B 1037902320 slightly higher costs than some

A 100
E
95
95
T
96
96
F
100
100

THRK $399.61 M 399614266.30668 for R3000, IWV far more liquid

A 100
E
98
98
T
81
81
F
100
100

VTHR $303.86 M 303862000 thin trading volume

A 100
E
96
96
T
84
84
F
100
100

VTI $71.26 B 71263614714.03 Cheap and highly liquid

A 100
E
100
100
T
100
100
F
100
100

KLD $480.61 M 480614995 higher fee; well established

B 87
E
89
89
T
92
92
F
87
87

QUS $13.11 M 13114676 low fee

B 87
E
91
91
T
66
66
F
87
87

QDF $1.63 B 1629754824.7017 strong AUM; decent liqudity

B 86
E
84
84
T
96
96
F
86
86

MMTM $14.29 M 14285804.4 poor trader

B 86
E
95
95
T
62
62
F
86
86

QDEF $277.96 M 277958433.8753 Solid AUM but so-so liquidity

B 84
E
84
84
T
80
80
F
84
84

QDYN $67.53 M 67533238.5904 weak liquidity; poor tracking

B 82
E
86
86
T
69
69
F
82
82

PFM $297.71 M 297707550 higher holding costs

B 74
E
88
88
T
80
80
F
74
74

KNOW $212.03 M 212025153.573 middling costs

B 74
E
83
83
T
94
94
F
74
74

PWC $138.07 M 138065500 high all in costs

B 73
E
90
90
T
68
68
F
73
73

VUSE $507.76 M 507755000 decent AUM, workable liquidity

B 66
E
86
86
T
81
81
F
66
66

NFO $69.97 M 69965757.6 lukewarm trader

B 62
E
89
89
T
69
69
F
62
62

RFDA $19.24 M 19244314.9836 N/A

C 83
E
73
73
T
68
68
F
83
83

USWD $1.34 M 1343455 N/A

C 80
E
83
83
T
48
48
F
80
80

USSD $1.37 M 1374290 N/A

C 73
E
82
82
T
46
46
F
73
73

TOFR $3.96 M 3956236.8 weak investor interest

C 70
E
78
78
T
48
48
F
70
70

TTFS $187.58 M 187583600 high fee but liquid

C 66
E
74
74
T
75
75
F
66
66

FVL $54.04 M 54043161.318 high all-in costs

C 62
E
81
81
T
64
64
F
62
62

GURU $56.7 M 56700435.229531 good liquidity

C 55
E
83
83
T
67
67
F
55
55

QMOM $29.2 M 29198500 N/A

C 52
E
73
73
T
64
64
F
52
52

RYJ $190.51 M 190507848.912 high fee; poor tracking

C 51
E
81
81
T
72
72
F
51
51

IPO $12.87 M 12869400 Weak trader

C 41
E
77
77
T
62
62
F
41
41

TUSA $8.48 M 8476256.508 high all-in costs

D 72
E
76
76
T
51
51
F
72
72

IBLN $14.33 M 14333000 modest investor interest

D 72
E
70
70
T
66
66
F
72
72

HUSE $4.7 M 4695302.5 Weak AUM and trading

D 66
E
60
60
T
60
60
F
66
66

WMW $18.51 M 18505500 MOAT is cheaper, bigger, better

D 63
E
71
71
T
33
33
F
63
63

VAMO $5.99 M 5989109.203595 new; trade with care

D 26
E
73
73
T
45
45
F
26
26

KRMA $34.75 M 34752744.022722 N/A

F 77
E
56
56
T
61
61
F
77
77

NASH $8.32 M 8322885.68064 very thin investor interest

F 40
E
70
70
T
31
31
F
40
40

JUNE $2.74 M 2739088.416 N/A

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

WIL $32.19 M 32188025.43 trades poorly

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

QVM $3.61 M 3607500 higher fee

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

SWIN -- N/A

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

PY $7.02 M 7022878.0914 N/A

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

PFV $2.68 M 2679000 N/A

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

OUSA $358.35 M 358352827.5656 first launch by issuer

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

RFFC $13.98 M 13981405.9254 N/A

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

RODI $31.02 M 31024898.31 new; trade with care

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

UDBI $2.86 M 2857920 N/A

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

TTAC $8.93 M 8927750 N/A

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

MILN $4.02 M 4018109.379205 N/A

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

GVIP $30.55 M 30548000 N/A

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

LVHD $110.46 M 110456500 N/A

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 01/12/17

Equity: U.S. - Total Market

Performance Dispersion
Performance  [as of 01/13/17] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
Benchmark: MSCI USA Investable Markets0.35%7.59%1.75%23.80%8.94%13.74%--
A 92.232205DTD554704560DTDWisdomTree Total Dividend Fund-0.24%7.74%0.64%25.83%10.31%13.48%6.59%
A 91.78781DSI760807320DSIiShares MSCI KLD 400 Social ETF0.00%6.65%1.65%21.64%8.74%13.57%6.48%
A 89.470661FNDB241085288.05071FNDBSchwab Fundamental US Broad Market Index ETF-0.91%8.78%0.86%27.28%9.12%----
A 83.938516DGRO1044212530DGROiShares Core Dividend Growth ETF-0.64%8.00%0.87%24.19%------
A 82.54291DGRW1107205670DGRWWisdomTree US Quality Dividend Growth Fund0.02%6.99%1.26%21.84%9.52%----
A 78.64627EUSA98634930EUSAiShares MSCI USA Equal Weighted ETF0.14%7.96%1.94%27.10%9.42%14.04%--
B 91.678594EXT64517360EXTWisdomTree Total Earnings Fund0.14%9.86%1.37%26.07%9.10%14.03%--
B 63.43191FPX631580109.84FPXFirst Trust US Equity Opportunities ETF1.47%4.48%1.90%21.25%8.16%18.32%10.17%
B 60.463436BFOR186887540BFORALPS Barron's 400 ETF0.89%13.15%1.48%32.47%7.50%----
B 58.10752DWAQ31948000DWAQPowerShares DWA NASDAQ Momentum Portfolio0.03%5.29%1.55%16.10%5.19%11.26%4.12%
C 59.533031CSD202124000CSDGuggenheim S&P Spin-Off ETF1.15%8.50%1.66%29.73%1.96%14.49%6.36%
C 54.254408DEF169149100DEFGuggenheim Defensive Equity ETF-0.05%5.29%1.16%20.76%8.29%10.03%5.56%
C 38.485187ALFA32598000ALFAAlphaClone Alternative Alpha ETF1.08%2.72%3.18%2.51%-1.15%----
D 65.075314ACTX1439034.198698ACTXGlobal X Guru Activist Index ETF0.40%8.30%1.62%24.78%------
D 60.709506BUZ5392673.9262BUZSprott Buzz Social Media Insights4.90%7.12%3.02%--------
F 67.346401ESGS5549248.3ESGSColumbia Sustainable U.S. Equity Income ETF-0.93%9.62%0.89%--------
F 63.21737ESG5327363.2731ESGFlexShares STOXX US ESG Impact Index Fund0.91%6.83%1.40%--------
N/A 0ESGU7439040ESGUiShares MSCI USA ESG Optimized ETF0.16%--1.27%--------
N/A 0DHVW17069000DHVWDiamond Hill Valuation-Weighted 500 ETF0.90%8.51%2.13%23.91%------
N/A 0CWS9276400CWSAdvisorShares Focused Equity ETF1.06%7.29%2.50%--------
N/A 0CNTR3010630.106CNTRPowerShares Contrarian Opportunities Portfolio-2.33%11.68%-0.02%31.00%------
N/A 0DIVC119600000DIVCC-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor-2.17%12.41%-0.86%37.73%------
N/A 0FLLV5158000FLLVFranklin Liberty U.S. Low Volatility ETF1.57%3.24%0.43%--------
N/A 0ETHO8455470ETHOEtho Climate Leadership U.S. ETF0.56%7.36%1.92%25.09%------
N/A 0DWTR152805224.646DWTRPowerShares DWA Tactical Sector Rotation Portfolio-0.77%1.10%0.95%5.21%------
A 83.978913SIZE239662500SIZEiShares Edge MSCI USA Size Factor ETF0.39%6.58%1.13%21.05%10.44%----
A 83.923389TILT963525127.8198TILTFlexShares Morningstar US Market Factor Tilt Index Fund0.17%9.41%1.22%25.95%8.42%14.28%--
A 83.460499QUAL3557984400QUALiShares Edge MSCI USA Quality Factor ETF0.29%5.08%0.81%15.51%9.19%----
A 80.439802LRGF318732160LRGFiShares Edge MSCI Multifactor USA ETF0.16%8.84%0.92%20.07%------
A 76.219984VIG22641145384.56VIGVanguard Dividend Appreciation Index Fund-0.48%4.80%0.76%17.53%6.93%11.59%6.93%
A 73.708569PKW1386137900PKWPowerShares Buyback Achievers Portfolio-0.59%9.17%0.93%20.12%7.14%14.74%8.28%
A 70.925679ONEQ830794000ONEQFidelity NASDAQ Composite Tracking Stock2.51%6.34%3.20%19.90%11.26%16.63%9.30%
A 63.351019PDP1437507200PDPPowerShares DWA Momentum Portfolio0.18%2.70%1.24%9.77%5.47%12.16%--
A 63.161135MOAT904123088.75MOATVanEck Vectors Morningstar Wide Moat ETF1.90%8.64%3.04%31.07%9.21%----
A 58.659089USMV12267554880USMViShares Edge MSCI Min Vol USA ETF0.62%3.11%0.64%14.88%10.95%13.46%--
A 54.797172MTUM1938434130MTUMiShares Edge MSCI USA Momentum Factor ETF1.89%2.09%1.91%10.97%9.81%----
A 100ITOT6533879175ITOTiShares Core S&P Total U.S. Stock Market ETF0.70%7.13%1.50%20.99%9.33%14.24%7.08%
A 100SCHB7881866289.9SCHBSchwab U.S. Broad Market ETF0.72%7.16%1.42%20.97%8.97%14.19%--
A 100IWV7205712280IWViShares Russell 3000 ETF0.62%7.17%1.39%20.86%8.83%14.07%6.95%
A 100IYY1037902320IYYiShares Dow Jones U.S. ETF0.81%7.02%1.64%20.28%8.91%13.25%5.71%
A 100THRK399614266.30668THRKSPDR Russell 3000 ETF0.52%7.12%1.41%21.30%9.06%14.16%7.16%
A 100VTHR303862000VTHRVanguard Russell 3000 Index Fund0.74%7.20%1.26%20.86%8.84%14.12%--
A 100VTI71263614714.03VTIVanguard Total Stock Market Index Fund0.69%7.17%1.40%21.04%8.94%14.23%7.49%
B 87.025267KLD480614995KLDiShares MSCI USA ESG Select ETF-0.18%4.59%1.18%20.05%8.43%12.10%6.21%
B 86.658117QUS13114676QUSSPDR MSCI USA StrategicFactors ETF0.56%5.83%1.09%18.44%------
B 85.995378QDF1629754824.7017QDFFlexShares Quality Dividend Index Fund-0.67%7.08%0.53%23.42%9.40%----
B 85.578319MMTM14285804.4MMTMSPDR S&P 1500 Momentum Tilt ETF0.47%5.17%1.22%14.92%8.21%----
B 83.674101QDEF277958433.8753QDEFFlexShares Quality Dividend Defensive Index Fund-0.57%6.18%0.23%20.33%9.74%----
B 81.80942QDYN67533238.5904QDYNFlexShares Quality Dividend Dynamic Index Fund-0.23%9.05%0.89%26.14%8.28%----
B 74.384223PFM297707550PFMPowerShares Dividend Achievers Portfolio-0.40%4.60%0.41%19.50%7.57%11.39%5.32%
B 74.173509KNOW212025153.573KNOWDirexion All Cap Insider Sentiment Shares-1.08%7.57%0.16%20.91%11.73%15.80%--
B 72.808263PWC138065500PWCPowerShares Dynamic Market Portfolio-0.92%8.12%-0.03%20.11%6.66%15.22%5.96%
B 66.075062VUSE507755000VUSEVident Core US Equity Fund-1.54%10.53%0.48%26.98%------
B 62.440067NFO69965757.6NFOGuggenheim Insider Sentiment ETF1.23%3.84%1.35%17.97%3.48%10.55%6.70%
C 83.153728RFDA19244314.9836RFDARiverFront Dynamic US Dividend Advantage ETF0.55%7.68%1.63%--------
C 80.260585USWD1343455USWDWisdomTree Weak Dollar US Equity Fund-0.08%5.12%0%20.87%------
C 73.435612USSD1374290USSDWisdomTree Strong Dollar U.S. Equity Fund-0.39%7.90%0.81%19.62%------
C 69.842064TOFR3956236.8TOFRStock Split Index Fund-3.87%7.93%-0.26%16.52%------
C 66.295284TTFS187583600TTFSAdvisorShares Wilshire Buyback ETF-0.29%12.01%1.36%27.26%10.84%16.87%--
C 61.852141FVL54043161.318FVLFirst Trust Value Line 100 ETF-0.81%9.01%1.68%18.44%6.28%11.77%4.73%
C 55.229239GURU56700435.229531GURUGlobal X Guru Index ETF1.50%6.29%2.04%15.53%-0.60%----
C 52.246024QMOM29198500QMOMMomentumShares U.S. Quantitative Momentum ETF0.45%6.11%1.98%14.78%------
C 51.455404RYJ190507848.912RYJGuggenheim Raymond James SB-1 Equity ETF1.33%9.34%1.74%33.22%6.08%13.52%8.32%
C 40.592922IPO12869400IPORenaissance IPO ETF1.91%3.57%3.29%14.13%-0.11%----
D 72.064385TUSA8476256.508TUSAFirst Trust Total US Market AlphaDEX ETF-0.78%8.23%1.16%25.84%4.01%9.70%4.02%
D 72.040407IBLN14333000IBLNDirexion iBillionaire Index ETF1.79%4.91%3.20%15.40%------
D 66.005894HUSE4695302.5HUSEUS Market Rotation Strategy ETF-0.17%6.41%1.13%14.03%7.62%----
D 62.979515WMW18505500WMWElements Morningstar Wide Moat Focus Total Return Index ETN-0.52%6.37%0.24%27.94%8.03%14.16%--
D 26.414254VAMO5989109.203595VAMOCambria Value & Momentum ETF-2.15%2.30%-1.25%6.80%------
F 76.9491KRMA34752744.022722KRMAGlobal X Conscious Companies ETF-0.27%6.17%0.76%--------
F 40.139483NASH8322885.68064NASHNashville Area ETF4.20%12.79%5.46%16.72%4.28%----
N/A 0JUNE2739088.416JUNEDhandho Junoon ETF0.05%7.91%0.79%--------
N/A 0WIL32188025.43WILBarclays Women in Leadership ETN0.46%6.04%1.00%21.50%------
N/A 0QVM3607500QVMArrow QVM Equity Factor ETF-1.97%5.20%-0.21%12.28%------
N/A 0SWINSWINALPS | Dorsey Wright Sector Momentum ETF--------------
N/A 0PY7022878.0914PYPrincipal Shareholder Yield Index ETF-1.47%10.35%-0.20%--------
N/A 0PFV2679000PFVAmplify YieldShares Prime 5 Dividend ETF-0.04%7.68%0.08%--------
N/A 0OUSA358352827.5656OUSAO'Shares FTSE US Quality Dividend ETF0.12%2.97%0.25%16.68%------
N/A 0RFFC13981405.9254RFFCRiverFront Dynamic US Flex-Cap ETF0.92%8.94%2.01%--------
N/A 0RODI31024898.31RODIBarclays Return on Disability ETN0%-0.00%0%7.23%------
N/A 0UDBI2857920UDBILegg Mason US Diversified Core ETF-0.00%4.29%1.44%18.64%------
N/A 0TTAC8927750TTACTrimTabs Float Shrink ETF-0.97%9.43%1.11%--------
N/A 0MILN4018109.379205MILNGlobal X Millennials Thematic ETF0.07%2.82%2.56%--------
N/A 0GVIP30548000GVIPGoldman Sachs Hedge Industry VIP ETF1.65%--2.72%--------
N/A 0LVHD110456500LVHDLegg Mason Low Volatility High Dividend ETF0.02%6.24%0.56%22.74%------
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 01/16/17)

All Funds (90)

100
99.764909
98
97.999922
93
93.2483
93
93.064156
93
92.708515
92
92.001543
90
90.210885
89
89.204732
86
85.990478
83
83.108011
72
72.490725
72
72.163245
72
72.153128
72
71.832669
72
71.566108
51
50.99906
50
50.370732
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
100
99.570189
99
98.597498
98
97.980872
97
97.47463
97
97.326058
97
97.221831
97
97.152968
97
97.093739
96
96.417392
96
96.354174
95
95.428603
95
95.303929
94
94.131444
91
90.664006
90
90.063926
90
89.694398
89
89.163851
89
89.139159
88
88.262867
88
88.186796
87
87.491747
87
87.291601
86
86.201738
86
85.550433
84
84.375325
84
84.078265
83
83.260212
83
82.81923
83
82.717791
82
81.558691
81
81.437911
81
80.593828
78
77.789782
77
77.01129
76
75.660971
74
73.537047
73
73.201855
73
73.072679
73
72.88593
71
71.410062
70
70.390566
70
69.773527
60
60.400454
56
56.336252
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
63
62.791932
N/A
0
79
78.949333597957
N/A
0
42
41.914758867343

ETF.com Grade as 01/12/17

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
ESGS Columbia Sustainable U.S. Equity Income ETF 0.35% -- -- -- 20.00% / 39.60% High 50.370732
DGRO iShares Core Dividend Growth ETF 0.08% -0.07% -0.02% -0.14% 20.00% / 39.60% Low 99.764909
FNDB Schwab Fundamental US Broad Market Index ETF 0.32% -0.32% -0.22% -0.40% 20.00% / 39.60% Low 93.2483
DGRW WisdomTree US Quality Dividend Growth Fund 0.28% -0.26% -0.18% -0.51% 20.00% / 39.60% Low 93.064156
ESG FlexShares STOXX US ESG Impact Index Fund 0.32% -- -- -- 20.00% / 39.60% High 50.99906
FPX First Trust US Equity Opportunities ETF 0.60% -0.70% -0.60% -0.77% 20.00% / 39.60% Low 85.990478
DHVW Diamond Hill Valuation-Weighted 500 ETF 0.10% -- -- -- 20.00% / 39.60% High 0
CWS AdvisorShares Focused Equity ETF 0.75% -- -- -- -- / -- N/A 0
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor 0.70% -0.66% -0.43% -0.76% 20.00% / 39.60% Low 0
DSI iShares MSCI KLD 400 Social ETF 0.50% -0.51% -0.40% -0.64% 20.00% / 39.60% Low 90.210885
FLLV Franklin Liberty U.S. Low Volatility ETF 0.50% -- -- -- -- / -- N/A 0
ACTX Global X Guru Activist Index ETF 0.75% -0.30% -0.20% -0.47% 20.00% / 39.60% High 72.490725
BUZ Sprott Buzz Social Media Insights 0.75% -- -- -- 20.00% / 39.60% High 71.566108
DTD WisdomTree Total Dividend Fund 0.28% -0.29% -0.23% -0.60% 20.00% / 39.60% Low 92.708515
ALFA AlphaClone Alternative Alpha ETF 0.95% -0.53% -0.21% -0.89% 20.00% / 39.60% Medium 72.153128
DWAQ PowerShares DWA NASDAQ Momentum Portfolio 0.60% -0.71% -0.59% -0.81% 20.00% / 39.60% Low 89.204732
BFOR ALPS Barron's 400 ETF 0.65% -0.64% -0.55% -0.78% 20.00% / 39.60% Low 83.108011
DWTR PowerShares DWA Tactical Sector Rotation Portfolio 0.75% -- -- -- 20.00% / 39.60% Low 0
ESGU iShares MSCI USA ESG Optimized ETF 0.28% -- -- -- -- / -- Low 0
CNTR PowerShares Contrarian Opportunities Portfolio 0.35% -0.62% -0.62% -0.62% 20.00% / 39.60% High 0
EUSA iShares MSCI USA Equal Weighted ETF 0.15% -0.08% -0.02% -0.23% 20.00% / 39.60% Low 97.999922
CSD Guggenheim S&P Spin-Off ETF 0.65% 1.19% 1.90% -0.67% 20.00% / 39.60% Low 72.163245
EXT WisdomTree Total Earnings Fund 0.28% -0.31% -0.05% -0.91% 20.00% / 39.60% Low 92.001543
DEF Guggenheim Defensive Equity ETF 0.60% -0.58% -0.41% -1.72% 20.00% / 39.60% Low 71.832669
ETHO Etho Climate Leadership U.S. ETF 0.45% -- -- -- 20.00% / 39.60% High 0
KLD iShares MSCI USA ESG Select ETF 0.50% -0.54% -0.40% -0.65% 20.00% / 39.60% Low 89.163851
USSD WisdomTree Strong Dollar U.S. Equity Fund 0.33% -- -- -- 20.00% / 39.60% High 81.558691
PFM PowerShares Dividend Achievers Portfolio 0.55% -0.59% -0.49% -0.67% 20.00% / 39.60% Low 88.186796
QMOM MomentumShares U.S. Quantitative Momentum ETF 0.79% -- -- -- 20.00% / 39.60% Medium 73.201855
KRMA Global X Conscious Companies ETF 0.43% -- -- -- 20.00% / 39.60% Medium 56.336252
KNOW Direxion All Cap Insider Sentiment Shares 0.65% 1.13% 1.34% 0.79% 20.00% / 39.60% Low 82.81923
USWD WisdomTree Weak Dollar US Equity Fund 0.33% -- -- -- 20.00% / 39.60% High 82.717791
PKW PowerShares Buyback Achievers Portfolio 0.63% -0.62% -0.51% -0.82% 20.00% / 39.60% Low 87.291601
LVHD Legg Mason Low Volatility High Dividend ETF 0.30% -- -- -- 20.00% / 39.60% Low 0
RYJ Guggenheim Raymond James SB-1 Equity ETF 0.75% -0.65% -0.54% -0.86% 20.00% / 39.60% Low 81.437911
LRGF iShares Edge MSCI Multifactor USA ETF 0.20% -0.34% -0.25% -0.43% 20.00% / 39.60% Low 94.131444
VAMO Cambria Value & Momentum ETF 0.59% -- -- -- 20.00% / 39.60% High 72.88593
PWC PowerShares Dynamic Market Portfolio 0.60% -0.69% -0.59% -0.87% 20.00% / 39.60% Low 90.063926
JUNE Dhandho Junoon ETF 0.75% -- -- -- 20.00% / 39.60% High 0
FVL First Trust Value Line 100 ETF 0.70% -0.84% -0.45% -1.25% 20.00% / 39.60% Low 80.593828
SCHB Schwab U.S. Broad Market ETF 0.03% -0.05% -0.02% -0.13% 20.00% / 39.60% Low 100
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.12% -0.07% 0.05% -0.18% 20.00% / 39.60% Medium 95.428603
VIG Vanguard Dividend Appreciation Index Fund 0.09% -0.11% -0.05% -0.14% 20.00% / 39.60% Low 98.597498
QDEF FlexShares Quality Dividend Defensive Index Fund 0.37% -0.50% -0.18% -0.96% 20.00% / 39.60% Low 84.078265
PY Principal Shareholder Yield Index ETF 0.40% -- -- -- -- / -- High 0
PFV Amplify YieldShares Prime 5 Dividend ETF 0.49% -- -- -- -- / -- N/A 0
GURU Global X Guru Index ETF 0.75% -0.34% -0.03% -0.53% 20.00% / 39.60% Low 83.260212
SIZE iShares Edge MSCI USA Size Factor ETF 0.15% -0.11% -0.06% -0.20% 20.00% / 39.60% Low 97.221831
MOAT VanEck Vectors Morningstar Wide Moat ETF 0.49% -0.66% -0.52% -0.78% 20.00% / 39.60% Low 88.262867
QDF FlexShares Quality Dividend Index Fund 0.37% -0.44% -0.10% -0.85% 20.00% / 39.60% Low 84.375325
UDBI Legg Mason US Diversified Core ETF 0.30% -- -- -- 20.00% / 39.60% High 0
HUSE US Market Rotation Strategy ETF 1.07% -- -- -- 20.00% / 39.60% High 60.400454
THRK SPDR Russell 3000 ETF 0.10% 0.12% 0.18% -0.01% 20.00% / 39.60% Low 97.980872
MTUM iShares Edge MSCI USA Momentum Factor ETF 0.15% -0.17% -0.13% -0.26% 20.00% / 39.60% Low 97.47463
VTHR Vanguard Russell 3000 Index Fund 0.15% -0.24% -0.04% -0.34% 20.00% / 39.60% Low 96.417392
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.37% -0.41% -0.19% -0.71% 20.00% / 39.60% Low 86.201738
TTAC TrimTabs Float Shrink ETF 0.59% -- -- -- -- / -- N/A 0
IBLN Direxion iBillionaire Index ETF 0.65% -0.68% -0.37% -1.08% 20.00% / 39.60% High 70.390566
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.25% -0.11% 0.03% -0.26% 20.00% / 39.60% Low 89.694398
NASH Nashville Area ETF 0.49% 1.10% 1.60% 0.10% 20.00% / 39.60% High 69.773527
VTI Vanguard Total Stock Market Index Fund 0.05% -0.01% 0.01% -0.03% 20.00% / 39.60% Low 99.570189
MILN Global X Millennials Thematic ETF 0.68% -- -- -- 20.00% / 39.60% N/A 0
QUAL iShares Edge MSCI USA Quality Factor ETF 0.15% -0.14% -0.06% -0.22% 20.00% / 39.60% Low 97.093739
GVIP Goldman Sachs Hedge Industry VIP ETF 0.45% -- -- -- -- / -- N/A 0
IPO Renaissance IPO ETF 0.60% 0.00% 0.63% -0.43% 20.00% / 39.60% High 77.01129
TOFR Stock Split Index Fund 0.55% -0.66% -0.56% -0.91% 20.00% / 39.60% High 77.789782
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% 0.05% 20.00% / 39.60% Low 85.550433
QUS SPDR MSCI USA StrategicFactors ETF 0.15% -0.07% -0.04% -0.14% 20.00% / 39.60% Medium 90.664006
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.03% -0.08% -0.04% -0.12% 20.00% / 39.60% Low 100
TTFS AdvisorShares Wilshire Buyback ETF 0.90% -- -- -- 20.00% / 39.60% Low 73.537047
ONEQ Fidelity NASDAQ Composite Tracking Stock 0.21% 0.05% 0.13% -0.06% 20.00% / 39.60% Low 96.354174
WIL Barclays Women in Leadership ETN 0.45% -- -- -- 20.00% / 39.60% Medium 0
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.52% -- -- -- 20.00% / 39.60% High 73.072679
QVM Arrow QVM Equity Factor ETF 0.65% -- -- -- 20.00% / 39.60% High 0
SWIN ALPS | Dorsey Wright Sector Momentum ETF 0.40% -- -- -- 20.00% / 39.60% Low 0
IWV iShares Russell 3000 ETF 0.20% -0.16% -0.10% -0.20% 20.00% / 39.60% Low 97.326058
TUSA First Trust Total US Market AlphaDEX ETF 0.70% -0.78% -0.59% -1.05% 20.00% / 39.60% High 75.660971
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% -0.89% -0.70% -1.09% 20.00% / 39.60% High 71.410062
RFFC RiverFront Dynamic US Flex-Cap ETF 0.52% -- -- -- 20.00% / 39.60% N/A 0
RODI Barclays Return on Disability ETN 0.45% -0.46% -0.40% -0.55% 20.00% / 39.60% Medium 0
IYY iShares Dow Jones U.S. ETF 0.20% -0.16% -0.08% -0.26% 20.00% / 39.60% Low 95.303929
USMV iShares Edge MSCI Min Vol USA ETF 0.15% -0.16% -0.13% -0.20% 20.00% / 39.60% Low 97.152968
PDP PowerShares DWA Momentum Portfolio 0.64% -0.67% -0.59% -0.76% 20.00% / 39.60% Low 87.491747
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 01/16/17)

All Funds (90)

97
97.480991
97
97.3084
97
97.298083
95
94.81755
92
92.464207
89
88.588509
79
79.472305
78
78.078588
77
77.13583
77
77.021263
68
68.340351
67
66.803023
64
63.538552
63
63.25866
59
58.684973
54
53.662856
49
48.64758
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
100
99.793188
100
99.626428
99
99.499129
99
99.3025
99
99.105345
99
98.755561
99
98.698444
98
98.190915
98
97.701964
97
97.238199
97
96.629184
96
96.044137
96
95.755573
94
94.024196
92
92.06583
92
91.506552
89
89.06114
88
88.020839
84
83.967982
81
80.835951
81
80.71812
80
80.001207
80
79.924011
75
75.027352
72
71.834859
70
70.075989
69
68.975735
69
68.545251
68
68.386187
68
68.281373
67
67.093607
66
66.078533
66
66.048695
64
63.688894
64
63.504127
62
62.181206
62
61.772907
61
61.489593
60
60.407178
51
50.734706
48
48.460579
48
48.375598
46
45.703728
45
45.470713
33
33.065229
31
30.558472
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
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 01/12/17

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
EUSA iShares MSCI USA Equal Weighted ETF $569.37 K 0.22% 0.24 100.00% 0.00% 0.06% None 78.078588
EXT WisdomTree Total Earnings Fund $94.45 K 0.76% 0.02 100.00% 0.01% 0.07% None 48.64758
ESGS Columbia Sustainable U.S. Equity Income ETF $11.06 K 0.22% 0.01 100.00% 0.01% 0.04% None 63.538552
ACTX Global X Guru Activist Index ETF $4.58 K 0.49% 0.00 100.00% 0.02% 0.10% None 53.662856
ALFA AlphaClone Alternative Alpha ETF $200.4 K 0.21% 0.11 100.00% 0.11% 0.01% None 68.340351
FNDB Schwab Fundamental US Broad Market Index ETF $1.16 M 0.18% 0.72 100.00% 0.00% 0.06% None 92.464207
ESG FlexShares STOXX US ESG Impact Index Fund $0 0.11% 0.00 100.00% 0.01% 0.03% None 66.803023
BFOR ALPS Barron's 400 ETF $498.7 K 0.22% 0.29 100.00% 0.04% 0.03% None 77.021263
FPX First Trust US Equity Opportunities ETF $2.81 M 0.07% 1.04 100.00% 0.06% 0.02% None 97.3084
CWS AdvisorShares Focused Equity ETF $182.04 K 0.20% 0.28 100.00% 0.06% 0.08% None 0
CNTR PowerShares Contrarian Opportunities Portfolio $24.52 K 0.23% 0.01 100.00% 0.15% 0.03% None 0
CSD Guggenheim S&P Spin-Off ETF $762.45 K 0.34% 0.35 100.00% 0.10% 0.02% None 79.472305
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 $432.85 K 0.16% 0.22 100.00% 0.01% 0.03% None 77.13583
ETHO Etho Climate Leadership U.S. ETF $59.62 K 0.24% 0.04 100.00% 0.01% 0.05% None 0
DGRO iShares Core Dividend Growth ETF $10.73 M 0.06% 7.40 100.00% 0.00% 0.05% None 97.480991
DGRW WisdomTree US Quality Dividend Growth Fund $5.85 M 0.09% 3.49 100.00% 0.01% 0.03% None 97.298083
ESGU iShares MSCI USA ESG Optimized ETF $0 0.09% -- 100.00% 0.00% 0.04% None 0
DHVW Diamond Hill Valuation-Weighted 500 ETF $153.01 K 0.12% 0.12 100.00% 0.00% 0.04% None 0
DIVC C-Tracks ETN - Miller/Howard Strategic Dividend Reinvestor $0 1.08% 0.00 -- -- 0.10% Full 0
DSI iShares MSCI KLD 400 Social ETF $3.2 M 0.14% 0.77 100.00% 0.01% 0.02% None 94.81755
BUZ Sprott Buzz Social Media Insights $8.08 K 0.22% 0.00 100.00% 0.01% 0.04% None 63.25866
DTD WisdomTree Total Dividend Fund $1.33 M 0.25% 0.33 100.00% 0.01% 0.06% None 88.588509
DWAQ PowerShares DWA NASDAQ Momentum Portfolio $54.88 K 0.31% 0.01 100.00% 0.29% 0.01% None 58.684973
DWTR PowerShares DWA Tactical Sector Rotation Portfolio $1.08 M 0.30% 0.88 100.00% 47.94% 0.04% None 0
RFDA RiverFront Dynamic US Dividend Advantage ETF $178.3 K 0.21% 0.13 100.00% 0.02% 0.04% None 68.386187
MMTM SPDR S&P 1500 Momentum Tilt ETF $60.87 K 0.26% 0.00 100.00% 0.01% 0.06% None 62.181206
QVM Arrow QVM Equity Factor ETF $0 0.35% 0.00 100.00% 0.02% 0.04% None 0
VIG Vanguard Dividend Appreciation Index Fund $69.0 M 0.01% 32.30 100.00% 0.01% 0.01% None 99.626428
RFFC RiverFront Dynamic US Flex-Cap ETF $211.99 K 0.27% 0.16 100.00% 0.01% 0.04% None 0
MOAT VanEck Vectors Morningstar Wide Moat ETF $4.04 M 0.10% 2.27 100.00% 0.02% 0.03% None 96.629184
RODI Barclays Return on Disability ETN $0 8.23% 0.00 -- -- 0% None 0
MTUM iShares Edge MSCI USA Momentum Factor ETF $16.06 M 0.03% 4.31 100.00% 0.02% 0.01% None 99.105345
VTHR Vanguard Russell 3000 Index Fund $658.72 K 0.09% 0.26 100.00% 0.00% 0.08% None 83.967982
KRMA Global X Conscious Companies ETF $27.78 K 0.27% 0.03 100.00% 0.01% 0.09% None 61.489593
NASH Nashville Area ETF $17.03 K 1.50% 0.01 100.00% 0.70% 0.04% None 30.558472
VTI Vanguard Total Stock Market Index Fund $300.35 M 0.01% 25.87 100.00% 0.01% 0.00% None 99.793188
NFO Guggenheim Insider Sentiment ETF $163.64 K 0.17% 0.07 100.00% 0.06% 0.02% None 68.545251
RYJ Guggenheim Raymond James SB-1 Equity ETF $514.2 K 0.33% 0.26 100.00% 0.10% 0.05% None 71.834859
VUSE Vident Core US Equity Fund $714.8 K 0.21% 0.26 100.00% 0.04% 0.03% None 80.835951
FVL First Trust Value Line 100 ETF $87.71 K 0.26% 0.08 100.00% 0.00% 0.05% None 63.504127
ONEQ Fidelity NASDAQ Composite Tracking Stock $6.11 M 0.25% 0.29 100.00% 0.04% 0.02% None 88.020839
SCHB Schwab U.S. Broad Market ETF $41.06 M 0.02% 15.33 100.00% 0.00% 0.06% None 98.755561
WIL Barclays Women in Leadership ETN $10.16 K 0.39% 0.00 -- -- 0% None 0
PFV Amplify YieldShares Prime 5 Dividend ETF $13.86 K 0.14% 0.01 100.00% 0.95% 0.04% None 0
GURU Global X Guru Index ETF $189.83 K 0.26% 0.16 100.00% 0.02% 0.06% None 67.093607
OUSA O'Shares FTSE US Quality Dividend ETF $2.44 M 0.09% 1.82 100.00% 0.00% 0.04% None 0
SIZE iShares Edge MSCI USA Size Factor ETF $325.58 K 0.27% 0.09 100.00% 0.01% 0.05% None 70.075989
WMW Elements Morningstar Wide Moat Focus Total Return Index ETN $30.04 K 1.86% 0.00 100.00% -- 0% Full 33.065229
HUSE US Market Rotation Strategy ETF $45.88 K 0.36% 0.05 100.00% 0.13% 0.03% None 60.407178
PDP PowerShares DWA Momentum Portfolio $6.39 M 0.06% 3.04 100.00% 0.05% 0.02% None 97.701964
THRK SPDR Russell 3000 ETF $813.68 K 0.32% 0.10 100.00% 0.01% 0.03% None 80.71812
TTAC TrimTabs Float Shrink ETF $54.25 K 0.23% 0.08 100.00% 0.02% 0.07% None 0
IBLN Direxion iBillionaire Index ETF $42.05 K 0.17% 0.03 100.00% 0.01% 0.02% None 66.078533
PFM PowerShares Dividend Achievers Portfolio $510.98 K 0.16% 0.45 100.00% 0.00% 0.04% None 80.001207
TILT FlexShares Morningstar US Market Factor Tilt Index Fund $2.01 M 0.16% 0.42 100.00% 0.01% 0.03% None 91.506552
QMOM MomentumShares U.S. Quantitative Momentum ETF $27.11 K 0.21% 0.02 100.00% 0.08% 0.02% None 63.688894
LVHD Legg Mason Low Volatility High Dividend ETF $934.84 K 0.16% 0.65 100.00% 0.01% 0.02% None 0
GVIP Goldman Sachs Hedge Industry VIP ETF $264.69 K 0.14% 0.12 100.00% 0.02% 0.01% None 0
IPO Renaissance IPO ETF $44.53 K 0.23% 0.04 100.00% 0.19% 0.05% None 61.772907
PKW PowerShares Buyback Achievers Portfolio $4.39 M 0.06% 1.71 100.00% 0.02% 0.02% None 98.190915
TOFR Stock Split Index Fund $5.1 K 0.45% 0.00 100.00% 0.43% 0.04% None 48.375598
JUNE Dhandho Junoon ETF $6.79 K 0.34% 0.00 100.00% 0.01% 0.04% None 0
ITOT iShares Core S&P Total U.S. Stock Market ETF $41.21 M 0.03% 16.20 100.00% 0.00% 0.12% None 97.238199
PWC PowerShares Dynamic Market Portfolio $197.51 K 0.20% 0.05 100.00% 0.05% 0.01% None 68.281373
TTFS AdvisorShares Wilshire Buyback ETF $452.16 K 0.24% 0.28 100.00% 0.03% 0.03% None 75.027352
PY Principal Shareholder Yield Index ETF $0 0.41% 0.00 100.00% 0.02% 0.04% None 0
SWIN ALPS | Dorsey Wright Sector Momentum ETF $66.11 K 0.26% 0.09 100.00% 0.04% -- None 0
IWV iShares Russell 3000 ETF $38.71 M 0.03% 5.90 100.00% 0.01% 0.04% None 98.698444
QDEF FlexShares Quality Dividend Defensive Index Fund $546.92 K 0.19% 0.28 100.00% 0.00% 0.04% None 79.924011
TUSA First Trust Total US Market AlphaDEX ETF $25.6 K 0.65% 0.02 100.00% 0.00% 0.04% None 50.734706
UDBI Legg Mason US Diversified Core ETF $7.64 K 0.23% 0.00 100.00% 0.00% 0.05% None 0
IYY iShares Dow Jones U.S. ETF $4.29 M 0.07% 0.77 100.00% 0.00% 0.05% None 96.044137
QDF FlexShares Quality Dividend Index Fund $3.99 M 0.12% 1.98 100.00% 0.00% 0.04% None 95.755573
USMV iShares Edge MSCI Min Vol USA ETF $124.18 M 0.02% 27.94 100.00% 0.02% 0.01% None 99.499129
KLD iShares MSCI USA ESG Select ETF $1.91 M 0.17% 0.41 100.00% 0.04% 0.01% None 92.06583
QDYN FlexShares Quality Dividend Dynamic Index Fund $195.53 K 0.23% 0.11 100.00% 0.02% 0.04% None 68.975735
USSD WisdomTree Strong Dollar U.S. Equity Fund $2.75 K 0.80% 0.00 100.00% 0.00% 0.05% None 45.703728
MILN Global X Millennials Thematic ETF $26.7 K 0.39% 0.03 100.00% 0.01% 0.10% None 0
KNOW Direxion All Cap Insider Sentiment Shares $1.72 M 0.10% 0.42 100.00% 0.07% 0.01% None 94.024196
QUAL iShares Edge MSCI USA Quality Factor ETF $21.76 M 0.03% 6.36 100.00% 0.03% 0.01% None 99.3025
USWD WisdomTree Weak Dollar US Equity Fund $0 0.70% 0.00 100.00% 0.01% 0.05% None 48.460579
LRGF iShares Edge MSCI Multifactor USA ETF $970.34 K 0.20% 0.75 100.00% 0.01% 0.03% None 89.06114
QUS SPDR MSCI USA StrategicFactors ETF $76.33 K 0.18% 0.02 100.00% 0.01% 0.05% None 66.048695
VAMO Cambria Value & Momentum ETF $78.02 K 0.79% 0.07 100.00% 0.20% 0.06% None 45.470713
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

ALFA
5
4
3
2
1
BFOR
5
4
3
2
1
CSD
5
4
3
2
1
DEF
5
4
3
2
1
ETHO
5
4
3
2
1
DGRO
5
4
3
2
1
DGRW
5
4
3
2
1
DHVW
5
4
3
2
1
DSI
5
4
3
2
1
DTD
5
4
3
2
1
EUSA
5
4
3
2
1
EXT
5
4
3
2
1
FNDB
5
4
3
2
1
FPX
5
4
3
2
1
ACTX
5
4
3
2
1
CNTR
5
4
3
2
1
BUZ
5
4
3
2
1
DWAQ
5
4
3
2
1
ESGS
5
4
3
2
1
ESG
5
4
3
2
1
CWS
5
4
3
2
1
FLLV
5
4
3
2
1
ESGU
5
4
3
2
1
DWTR
5
4
3
2
1
DIVC
5
4
3
2
1
KNOW
5
4
3
2
1
LRGF
5
4
3
2
1
VIG
5
4
3
2
1
MMTM
5
4
3
2
1
MOAT
5
4
3
2
1
VTHR
5
4
3
2
1
MTUM
5
4
3
2
1
VTI
5
4
3
2
1
VUSE
5
4
3
2
1
NFO
5
4
3
2
1
ONEQ
5
4
3
2
1
OUSA
5
4
3
2
1
PDP
5
4
3
2
1
PFM
5
4
3
2
1
PKW
5
4
3
2
1
LVHD
5
4
3
2
1
PWC
5
4
3
2
1
QDEF
5
4
3
2
1
QDF
5
4
3
2
1
UDBI
5
4
3
2
1
QDYN
5
4
3
2
1
QUAL
5
4
3
2
1
QUS
5
4
3
2
1
RFDA
5
4
3
2
1
RFFC
5
4
3
2
1
RYJ
5
4
3
2
1
SCHB
5
4
3
2
1
SIZE
5
4
3
2
1
GURU
5
4
3
2
1
THRK
5
4
3
2
1
TILT
5
4
3
2
1
IBLN
5
4
3
2
1
GVIP
5
4
3
2
1
TTFS
5
4
3
2
1
ITOT
5
4
3
2
1
TUSA
5
4
3
2
1
IWV
5
4
3
2
1
USMV
5
4
3
2
1
IYY
5
4
3
2
1
KLD
5
4
3
2
1
USWD
5
4
3
2
1
VAMO
5
4
3
2
1
QMOM
5
4
3
2
1
JUNE
5
4
3
2
1
PY
5
4
3
2
1
MILN
5
4
3
2
1
QVM
5
4
3
2
1
KRMA
5
4
3
2
1
FVL
5
4
3
2
1
HUSE
5
4
3
2
1
TTAC
5
4
3
2
1
IPO
5
4
3
2
1
SWIN
5
4
3
2
1
USSD
5
4
3
2
1
NASH
5
4
3
2
1
TOFR
5
4
3
2
1
PFV
5
4
3
2
1
WIL
5
4
3
2
1
WMW
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 01/16/17)

All Funds (90)

92
92.232205
92
91.78781
92
91.678594
89
89.470661
84
83.938516
83
82.54291
79
78.64627
67
67.346401
65
65.075314
63
63.43191
63
63.21737
61
60.709506
60
60.463436
60
59.533031
58
58.10752
54
54.254408
38
38.485187
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
87
87.025267
87
86.658117
86
85.995378
86
85.578319
84
83.978913
84
83.923389
84
83.674101
83
83.460499
83
83.153728
82
81.80942
80
80.439802
80
80.260585
77
76.9491
76
76.219984
74
74.384223
74
74.173509
74
73.708569
73
73.435612
73
72.808263
72
72.064385
72
72.040407
71
70.925679
70
69.842064
66
66.295284
66
66.075062
66
66.005894
63
63.351019
63
63.161135
63
62.979515
62
62.440067
62
61.852141
59
58.659089
55
55.229239
55
54.797172
52
52.246024
51
51.455404
41
40.592922
40
40.139483
26
26.414254
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
47
47.340683
N/A
0
70
70.082878306583
N/A
0
72
71.579646534613

ETF.com Grade as 01/12/17

Equity: U.S. - Total Market