Vanguard Russell 1000
ALTAR
Score™
5.9% info Recommen-
dation
UNDERWEIGHT
2017E    2018E
P/E
ratio
18.8x P/Sales
ratio
2.1x
P/BV
ratio
3.0x Div.
yield
2.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Russell 1000 is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Russell 1000 Index.

FUND BASICS
Category Traditional Indices
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Sep 22, 2010
Assets (mns) $697
Currency USD
Expense ratio 12 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Co
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 987
Wgt avg mkt cap (mns) $162,875
Large cap (>$10bn) 89.0%
Mid cap ($2-10bn) 10.7%
Small cap (<$2bn) 0.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 3.5 %
MICROSOFT CORP 2.3 %
AMAZON.COM INC 1.6 %
JOHNSON & JOHNSON 1.6 %
EXXON MOBIL CORP 1.5 %
FACEBOOK 1.4 %
BERKSHIRE HATHAWAY INC-CL B 1.4 %
JPMORGAN CHASE & CO 1.4 %
ALPHABET INC. CLASS C 1.2 %
ALPHABET INC. CLASS A 1.2 %
Total 17.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.4 %
IRELAND 1.3 %
BRITAIN 0.3 %
BERMUDA 0.3 %
SWITZERLAND 0.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
8.4% 17.3% 15.3% -- 14.1%

Market Correlations
versus... Beta R-squared
S&P500 1.03 100%
MSCI EAFE 0.68 62%
MSCI Emg. Mkts. 0.40 37%

Technical Indicators
Recent close $112.00
Annualized volatility 10.7%
Short Interest (ETF) 0.1%
Short Interest (Underlying) 2.6%
Tracking Error 0.00
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 17
Turnover 0.3%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $934,269

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Vanguard Russell 1000 ETF based on the alternatives' overlap in portfolio holdings with VONE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VONE Expense: 12 bp ALTAR Score™: 5.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VONE
Ticker Fund
Name
Overlap1
vs VONE
(%)
Expense
ratio
(bp)
Savings
vs VONE
(bp)
ALTAR
Score™
(%)
ALTAR
vs VONE
(%)
ONEK SPDR Russell 1000 ETF 99.1 11 1 5.8 -0.0
IWB iShares Russell 1000 98.7 15 -3 5.8 -0.1
SCHX Schwab U.S. Large-Cap 95.2 4 8 6.0 +0.1
IYY iShares DJ US Total Market 94.8 20 -8 5.7 -0.2
THRK SPDR Russell 3000 ETF 92.5 10 2 5.8 -0.1
VV Vanguard Large-Cap ETF 92.4 9 3 5.9 +0.1
VTHR Vanguard Russell 3000 92.4 15 -3 5.7 -0.2
VTI Vanguard Total Market 92.3 5 7 5.8 -0.1
IWV iShares Russell 3000 91.5 20 -8 5.6 -0.3
ITOT iShares Core S&P Total US 90.2 3 9 5.8 -0.1
SCHB Schwab U.S. Broad Market 89.8 3 9 5.9 +0.0
VOO Vanguard S&P 500 ETF 89.6 5 7 5.9 +0.0
IVV iShares Core S&P 500 89.6 4 8 5.9 +0.0
SPY S&P 500 SPDR 89.6 9 3 5.9 -0.0
PBP PowerShares S&P 500 Buy/Write 89.6 75 -63 5.5 -0.3
HSPX Horizons S&P 500 Covered Call 89.0 65 -53 5.4 -0.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free 84.9 20 -8 5.9 +0.1
SPXE ProShares S&P 500 Ex-Energy 84.3 27 -15 6.1 +0.3
DHVW Diamond Hill Valuation-Weighted 500 80.7 10 2 6.0 +0.1
CATH Global X S&P 500 Catholic Values 79.9 29 -17 5.8 -0.0

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2012 2013 2014 2015 2016 2017E 2018E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2016 2017E 2018E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Vanguard Russell 1000
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores above 3.0% but below 6.0%. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.2 %
Divided by: Fwd. P/BV 2.9 x
Less: Expense ratio 12 bp
Equals: ALTAR Score 5.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 CATEGORY
AVERAGE
1.55
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.