Total Stock Market ETF (VTI)

Also available as a 

mutual fund.

portfolio.Content-187 CRSP US Total Market Index

  Fact sheet (12/31/2013)

Characteristics

Stylebox

Stocks
Index portfolio of large-, mid-, and small-capitalization stocks diversified across investment styles.



Expected range
Central tendency

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Market capitalization
as of 03/31/2014

  VTI Benchmark

CRSP U.S. Total Market Index

+/- Weight
Large 37.8% 37.7% 0.1%
Medium/Large 26.2% 26.2% 0.0%
Medium 17.7% 17.8% – 0.1%
Medium/Small 10.2% 10.2% 0.0%
Small 8.1% 8.1% 0.0%
Total 100.0% 100.0%  

More information about market capitalization  


Fundamentals
as of 03/31/2014

  VTI Benchmark

CRSP U.S. Total Market Index

+/- Weight
Number of stocks 3,698 3,659 39
Median market cap $45.1 billion $42.5 billion $2.6 billion
  VTI Benchmark

CRSP U.S. Total Market Index

Earnings growth rate 12.4% 12.3%
Short-term reserves 0.06% N/A
P/E ratio 20.1x 20.2x
P/B ratio 2.6x 2.6x
Turnover rate (Fiscal year-end 12/31/2013) 4.3% N/A
Return on equity 17.4% 17.3%
Foreign holdings 0.07% N/A

Composition

Sector weightings
as of 03/31/2014

  Sector
 
 VTI
 
Benchmark

CRSP U.S. Total Market Index

 
+/- Weight
 
Financials 18.6% 18.7% – 0.1%
Technology 15.2% 15.2% 0.0%
Consumer Services 13.2% 13.2% 0.0%
Industrials 13.2% 13.2% 0.0%
Health Care 12.3% 12.2% 0.1%
Consumer Goods 9.9% 9.9% 0.0%
Oil & Gas 9.1% 9.1% 0.0%
Utilities 3.2% 3.2% 0.0%
Basic Materials 3.1% 3.1% 0.0%
Telecommunications 2.2% 2.2% 0.0%
Other 0.0% 0.0% 0.0%
0%
20%
Total 100.0% 100.0%

Sector categories are based on the Industry Classification Benchmark system.

People and process

Firms

Vanguard Equity Investment Group

Product management

Vanguard Total Stock Market ETF seeks to track the investment performance of the CRSP US Total Market Index, which represents approximately 100% of the investable U.S. stock market and includes large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq. The fund invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full Index in terms of key characteristics. These key characteristics include industry weightings and market capitalization, as well as certain financial measures such as price/earnings ratio and dividend yield. The experience and stability of Vanguard’s Equity Investment Group have permitted continuous refinement of techniques for reducing tracking error. The group uses proprietary software to implement trading decisions that accommodate cash flow and maintain close correlation with index characteristics. Vanguard’s refined indexing process, combined with low management fees and efficient trading, has provided tight tracking net of expenses.

Vanguard Equity Investment Group

Firm description

Launched in 1975, The Vanguard Group, Malvern, Pennsylvania, is among the world’s largest equity and fixed income managers. As chief investment officer and managing director, Mortimer J. Buckley oversees Vanguard’s Equity Investment and Fixed Income Groups. Joseph Brennan, CFA, Principal of Vanguard and head of Vanguard’s Equity Index Group, has oversight responsibility for all equity index funds managed by the Equity Investment Group. John Ameriks, Ph.D., Principal of Vanguard and head of Vanguard’s Active Equity Group, has oversight responsibility for all active equity funds managed by the Equity Investment Group. The Equity Investment Group manages indexed and structured equity portfolios covering U.S. and international markets. It has developed sophisticated portfolio construction methodologies and efficient trading strategies that seek to deliver returns that are highly correlated with target portfolio benchmarks. The group has advised Vanguard Total Stock Market ETF since 2001.

Investment Manager Biographies

Gerard C. O'Reilly, Principal

  • Portfolio manager.
  • Advised the fund since 2001.
  • Worked in investment management since 1992.
  • B.S., Villanova University.

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