VTI Fund Description

The Vanguard Total Stock Market ETF tracks a cap-weighted index that measures the investable US equities market, encompassing the entire market-cap spectrum.

VTI ETF.com Insight

VTI is an impeccable choice for ETF investors looking for total market equity exposure. In fact, the fund makes no industry or size bets to speak of. Moreover, VTI can be traded easily inincredibly cheap to access and to own any size, and true holding costs are even lower than its microscopic fee. In short, its incredibly cheap to access and to own. This makes it a sound choice for investors or traders, as it provides completely neutral exposure while trading hundreds of millions on most days. A huge asset base rounds out the picture of strength. The fund easily earns a spot on our Analyst Pick list for the segment. There may be no such thing as the perfect ETF, but for total market equity exposure, VTI is as close as it gets. (Insight updated 11/26/2014)

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 12/16/14] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
VTI -3.18% -1.21% 7.55% 11.38% 20.04% 14.85% 8.42%
VTI (NAV) -3.16% -1.17% 7.57% 11.44% 19.99% 14.87% 8.43%
CRSP US Total Market Index -3.16% -1.17% 7.59% 11.46% 20.01% 14.89% 7.77%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

VTI Top 10 Countries

VTI Top 10 Sectors

VTI Top 10 Holdings View All

VTI Summary Data

Vanguard

A company that produces and manages ETFs.

05/24/01

The first date of a fund's operations, as documented by the issuer.

Open-Ended Fund

The organizational structure of the fund or ETN.

0.05%

The net total annual fee a fund holder pays to the issuer.

$48.45 B

The market value of total assets that a fund has accumulated and now manages on behalf of investors.

$309.25 M

It is the daily dollar value of shares traded, averaged over the past 45 trading days.

0.01%

The difference between the highest price a market participant is willing to pay to buy an ETF and the lowest price at which a market participant is willing to sell an ETF, averaged over the past 45 days, as a percent.

VTI Portfolio Data

$109.99 B

Describes the average of each stock's market cap (share price x shares outstanding) scaled by its weight in the portfolio.

21.55

Weighted average ratio of prices of a fund’s stocks to trailing earnings of underlying stocks.

2.76

Weighted average ratio of prices of a fund’s stocks to the book value of underlying equity.

1.77%

The ratio of distributions paid by the fund over the past 12 months, divided by the fund’s NAV.

--

The date on which a security's price excludes an upcoming dividend.

3,642

The number of securities held in the fund as of ETF.com’s analysis date, based on issuer portfolios or the creation basket. If an ETF holds other ETFs, we count every constituent, looking through the ETF wrapper.

VTI Index Data

CRSP US Total Market Index

This is the benchmark an ETF is desigend to track or replicate.

Market Cap

A set of rules that the underlying index provider follows to weight its constituent securities.

Market Cap

A set of rules that the underlying index provider follows to select its constituent securities.

MSCI USA Investable Markets

This is the index that we have chosen as the best-in-class gauge for each segment's broad market.

Related ETFs to VTI

IWV, SCHB, IYY, DTN

ETFs from within the same segment or closely related segments with similar investment objectives or market exposures.

VTI ETF.com Efficiency Insight

VTI delivers its index extremely well, even after a June 2013 change to a CRSP index. The fund's tiny fee is among the segment's lowest, and its massive asset base makes closure risk practically nil. Vanguard lends out underlying portfolio securities against collateral, but returns all net proceeds to the fund. The lone gripe is transparency: Holdings are posted monthly and lagged. (Insight updated 11/26/2014)

Total Return - 12/16/2014
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 12/16/14] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
VTI -3.18% -1.21% 7.55% 11.38% 20.04% 14.85% 8.42%
VTI (NAV) -3.16% -1.17% 7.57% 11.44% 19.99% 14.87% 8.43%
CRSP US Total Market Index -3.16% -1.17% 7.59% 11.46% 20.01% 14.89% 7.77%
MSCI USA Investable Markets -3.26% -1.39% 6.95% 10.77% 19.21% 14.17% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

VTI Portfolio Management

0.05%

The net annual fee a fund holder pays to the issuer.

-0.02%

Compares returns of the fund's NAV to its underlying index for a daily series of overlapping 12 month periods. The median is the middle value of the results.

0.01%

Largest deviation in a positive direction of a fund's returns vs. its underlying index over the past 12 months.

-0.04%

Largest deviation in a negative direction of a fund's returns vs. its underlying index over the past 12 months.

VTI Tax Exposures

20.00% / 39.60%

The maximum long-term and short-term U.S. tax rates applicable to a realized capital gain.

0.00%

The average capital gains paid out to shareholders in the past 36 months, measured as a percent of net asset value (NAV) at the time.

Qualified dividends

IRS treatment of the majority of the fund's distributions.

No

ETFs that are structured as commodities pools and classified as limited partnerships by the IRS will issue K-1 forms to holders.

VTI Fund Structure

Open-Ended Fund

The organizational structure of the fund or ETN.

No

An indicator of whether a fund uses over-the-counter derivatives such as swaps or forwards to achieve its objectives.

Yes

An indicator of whether or not a fund actively lends its portfolio holdings.

100% / 0%

The division of securities lending revenue between the fund and the issuer.

N/A

The institution responsible for providing the return of the stated index and whose credit is the sole backing of the ETN.

N/A

The risk of default by the ETN counterparty.

Low

The likelihood that an issuer will shut down a fund for business or regulatory reasons.

Monthly

The frequency of an issuer's disclosure of all fund holdings.

VTI ETF.com Tradability Insight

VTI is not only the easiest fund to trade in the segment, it's one of the easiest funds to trade in the ETF universe. The fund attracts more volume than the rest of the segment combined, and its spreads are just 1 bp wide. Its easily-hedged portfolio ensures great block liquidity despite the 100,000-share-creation unit size. (Insight updated 11/26/2014)



Average Spread
Premium/Discount
Volume

VTI ETF.com/ Block LiquidityAs of 12/17/2014

5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of VTI. VTI is rated a 5 out of 5.

VTI Tradability

3,013,219

It is the daily number of shares traded, averaged over the past 45 trading days.

$309.25 M

It is the daily dollar value of shares traded, averaged over the past 45 trading days.

2,754,667

Median number of shares traded over the past 45 trading days.

$289.95 M

Median dollar value of shares traded over the past 45 trading days.

0.01%

The difference between the highest price a market participant is willing to pay to buy an ETF and the lowest price at which a market participant is willing to sell an ETF, averaged over the past 45 days, as a percent.

$0.01

The difference between the highest and lowest posted prices for an ETF, averaged over the past 45 days, in dollars.

0.02%

The middle value in the ranked set of all premium/discount values over a maximum 12-month period.

0.08% / -0.06%

The greatest amount that the market price exceeded (premium) and fell below (discount) its fair value/net asset value (NAV) over a maximum 12-month period.

None

This flags whether there is currently a systemic issue that has restricted the ability to create or redeem shares of the fund. This may be imposed by the fund's issuer, or by external circumstances.

100.00%

The percent of time that the underlying securities of an ETF are open to trading while US exchanges are open.

100,000

The smallest block of ETF shares that an Authorized Participant can either create or redeem at net asset value (NAV) with the issuer in exchange for the underlying shares of the fund.

27.55

The median 45 day share volume divided by the creation unit size of the fund. The higher the number, the more likely that liquidity providers will trade the fund in size, or in odd lots.

0.00%

The standard fee to create or redeem 1 creation unit of an ETF as a percentage of the dollar value of 1 creation unit.

0.01%

This metric serves as a way of understanding the impact of executing 1 creation unit worth of an ETF in terms of the volume of its underlying components.

15,366

The total number of net outstanding options contracts for an ETF.

$101.84

The total market value of the assets that an ETF holds less fund expenses.

5

An estimate of liquidity for the underlying baskets of securities, scaled 1 to 5.

VTI ETF.com Fit Insight

VTI delivers extremely well-balanced and representative exposure to the US total market. The fund's index is not identical to our benchmark, but it might as well be. VTI makes no significant industry, firm-size or style bets, and its performance history matches the market closely. Look no further for well-diversified, marketlike exposure. (Insight updated 11/26/2014)

VTI Sector/Industry BreakdownView All

VTI Segment Benchmark
17.44% 18.06%

17.10% 16.96%

13.98% 13.67%

13.50% 13.50%

12.81% 12.87%

7.81% 7.58%

3.24% 3.26%

2.92% 2.91%

VTI Geographic ExposureView All

VTI Segment Benchmark
99.68% 99.70%

0.10% 0.10%

0.09% 0.08%

0.02% 0.04%

0.04% 0.04%

0.04% 0.03%

0.00% 0.01%

0.01% 0.00%

0.02% --

0.00% --

VTI Segment Benchmark
99.71% 99.74%

0.16% 0.16%

0.10% 0.10%

0.01% 0.00%

0.02% --

99.98% / 0.02% 100.00% / --

VTI Performance Statistics

1.00

The degree to which the fund and its segment benchmark move up and down in unison.

1.00

The sensitivity of the returns of the fund to the movement of the ETF.com segment benchmark. Beta of 1.0 means magnitude of fund returns equals that of IU benchmark returns.

0.57%

The excess return of fund relative to ETF.com segment benchmark on a risk adjusted basis. Only reported if statistically significant.

1.00

The comparison of a fund's return to our benchmark's for days when the benchmark is up. Ideally down beta is less than up beta while beta of 1.0 means they're equal.

1.00

The comparison of a fund's return to our benchmark's for days when the benchmark is down. Ideally down beta is less than up beta while beta of 1.0 means they're equal.

0.01%

A measure of the variability between the fund's returns and the ETF.com segment benchmark returns on days when the fund underperforms the benchmark.

MSCI USA Investable Markets

This is the index that we have chosen as the best-in-class gauge for each segment's broad market.

VTI Benchmark Comparison

VTI
3642 Holdings
Segment Benchmark
2519 Constituents
Shared Holdings
2477 (Count)
 
97.82% (Weight)
VTISegment Benchmark
$109.02 B$109.99 B

The average market capitalization of the firms in the portfolio based on each firm’s weighting in the portfolio.

The breakdown of the portfolio’s holdings into each market capitalization bucket based on each firm’s weighting in the portfolio.

77%76%
17%17%
5%5%
1%1%
21.3321.55

Weighted average ratio of prices of a fund’s stocks to trailing earnings of underlying stocks.

2.782.76

Weighted average ratio of prices of a fund’s stocks to the book value of underlying equity.

1.76%1.75%

The weighted average of the current yield on the portfolio’s holdings.

25193642

The number of securities held in the fund as of ETF.com’s analysis date, based on issuer portfolios or the creation basket. If an ETF holds other ETFs, we count every constituent, looking through the ETF wrapper.

LowLow

The level of return contribution attributable to the average portfolio constituent.