Equity: Global - Total Market
With 43 ETFs and over $41.02B in combined AUM, the Equity: Global - Total Market segment provides exposure to the Global space with a focus on securities.
Year-to-date, the best-performing ETF in the segment is the ARK Innovation ETF (ARKK), with a total return of 20.62%. Meanwhile, the most popular ETF is the Vanguard Total World Stock ETF (VT) with $14.10BB in assets under management.
Investors should take a look at the Vanguard Total World Stock ETF (VT). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VT tracks a market-cap-weighted index of global stocks covering 98% of the domestic and emerging market capitalization. VT has an expense ratio of 0.08% and tracks the FTSE Global All Cap Net TR US RIC.
ETF.com Efficiency Insight
The average efficiency score in the Equity: Global - Total Market segment is 81 out of 100, with the iShares Edge MSCI Min Vol Global ETF(ACWV) obtaining the highest rating of 96 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.59% per year, with the Vanguard Total World Stock ETF (VT) having the lowest expense ratio, charging investors 0.08% yearly.
Investors should look for funds with tight tracking, such as the Franklin LibertyQ Global Dividend ETF (FLQD), with a 12-month median tracking difference of 0.00%.
ETF.com Tradability Insight
The average tradability score in the Equity: Global - Total Market segment is 61 out of 100, with the iShares MSCI ACWI ETF(ACWI) obtaining the highest rating of 96 out of 100.
The iShares MSCI ACWI ETF (ACWI) is the undisputed segment leader when it comes to liquidity. The fund trades 175.88M in daily average volume. Investors should also find ample liquidity in the Vanguard Total World Stock ETF (VT), with $158.37M in daily dollar volume.
Use limit orders to trade funds such as the KraneShares Electric Vehicles and Future Mobility Index ETF(KARS), due to their double-digit market spreads.
ETF.com Fit Insight
The MSCI ACWI + Frontier Markets IMI Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to ACWI. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, MJ follows a Vanilla strategy and obtains a low Fit score compared with our neutral benchmark.