Equity: U.S. - Extended Market

HSMV Top Performer Intra-day
Price $29.37
Today’s Change -0.09%
4:00pm 01/26/2021
SDVY Bottom Performer Intra-day
Price $25.01
Today’s Change -1.68%
4:00pm 01/26/2021

ETF.com Insight

With 8 ETFs and over $17.01B in combined AUM, the Equity: U.S. - Extended Market segment provides exposure to the U.S. space with a focus on Extended Market securities.

Year-to-date, the best-performing ETF in the segment is the Ballast Small/Mid Cap ETF (MGMT), with a total return of 10.16%. Meanwhile, the most popular ETF is the Vanguard Extended Market ETF (VXF) with $14.78BB in assets under management.

Investors should take a look at the Vanguard Extended Market ETF (VXF). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VXF tracks a market-cap-weighted version of the S&P Total Market Index, excluding all S&P 500 stocks. VXF has an expense ratio of 0.06% and tracks the S&P Completion.

ETF.com Efficiency Insight

The average efficiency score in the Equity: U.S. - Extended Market segment is 79 out of 100, with the Vanguard Extended Market ETF(VXF) obtaining the highest rating of 98 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.51% per year, with the Vanguard Extended Market ETF (VXF) having the lowest expense ratio, charging investors 0.06% yearly.

Investors should look for funds with tight tracking, such as the Vanguard Extended Market ETF (VXF), with a 12-month median tracking difference of 0.07%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: U.S. - Extended Market segment is 72 out of 100, with the Vanguard Extended Market ETF(VXF) obtaining the highest rating of 98 out of 100.

The Vanguard Extended Market ETF (VXF) is the undisputed segment leader when it comes to liquidity. The fund trades 108.73M in daily average volume. Investors should also find ample liquidity in the Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ), with $5.07M in daily dollar volume.

Use limit orders to trade funds such as the Ballast Small/Mid Cap ETF(MGMT), due to their double-digit market spreads.

ETF.com/ Block Liquidity

VXF
5
4
3
2
1
PRFZ
5
4
3
2
1
SMMD
5
4
3
2
1
FSMD
5
4
3
2
1
ISMD
5
4
3
2
1
SDVY
5
4
3
2
1
HSMV
5
4
3
2
1
MGMT
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 MSCI USA SMID Cap 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 SMMD. 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, HSMV follows a Active strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology