Equity: U.S. - Total Market
With 123 ETFs and over $277.56B in combined AUM, the Equity: U.S. - Total Market segment provides exposure to the U.S. space with a focus on Total Market securities.
Year-to-date, the best-performing ETF in the segment is the Renaissance IPO ETF (IPO), with a total return of 31.57%. Meanwhile, the most popular ETF is the Vanguard Total Stock Market ETF (VTI) with $112.83BB in assets under management.
Investors should take a look at the Vanguard Total Stock Market ETF (VTI). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VTI tracks a cap-weighted index that measures the investable US equities market, encompassing the entire market-cap spectrum. VTI has an expense ratio of 0.03% and tracks the CRSP U.S. Total Market.
ETF.com Efficiency Insight
The average efficiency score in the Equity: U.S. - Total Market segment is 87 out of 100, with the SPDR Portfolio Total Stock Market ETF(SPTM) obtaining the highest rating of 100 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.42% per year, with the JPMorgan BetaBuilders U.S. Equity ETF (BBUS) having the lowest expense ratio, charging investors 0.02% yearly.
Investors should look for funds with tight tracking, such as the Schwab U.S. Broad Market ETF (SCHB), with a 12-month median tracking difference of 0.00%.
ETF.com Tradability Insight
The average tradability score in the Equity: U.S. - Total Market segment is 76 out of 100, with the Vanguard Total Stock Market ETF(VTI) obtaining the highest rating of 100 out of 100.
The Vanguard Total Stock Market ETF (VTI) is the undisputed segment leader when it comes to liquidity. The fund trades 401.16M in daily average volume. Investors should also find ample liquidity in the iShares Edge MSCI Min Vol U.S.A. ETF (USMV), with $198.73M in daily dollar volume.
Use limit orders to trade funds such as the Barclays Return on Disability ETN(RODI), due to their double-digit market spreads.
ETF.com Fit Insight
The MSCI USA IMI 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 SCHB. 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, VAMO follows a Active strategy and obtains a low Fit score compared with our neutral benchmark.