VTI ETF — Holdings & Analysis

This ETF's primary objective is to replicate the performance of the CRSP US Total Market Index. 0.03% expense ratio, $2.3T AUM, 3598 holdings, inception 2001.

Vanguard Morningstar Total Stock Market ETF (VTI) ETF — Price, Holdings & Analysis

This ETF's primary objective is to replicate the performance of the CRSP US Total Market Index. 0.03% expense ratio, $2.3T AUM, 3598 holdings, inception 2001.

ETF Overview

It holds a broadly diversified equity portfolio, encompassing companies of all market capitalizations—large, medium, and small—and balanced across both growth and value investment approaches. Management follows a passive strategy, often employing an index-sampling technique, and the portfolio typically holds minimal cash, maintaining full investment in its assets. The fund's modest operating costs help ensure its net performance closely aligns with the index by minimizing tracking error. A significant portion (75%) of the fund's assets is subject to certain investment constraints. Specifically, it generally cannot acquire more than 10% of any single company's outstanding voting shares, nor can it hold more than 5% of its total assets in any one issuer's securities. However, these concentration limits may be exceeded if necessary to accurately reflect the composition of its benchmark index. Importantly, these restrictions do not apply to investments in U.S. government debt or securities issued by its agencies.

This ETF's primary objective is to replicate the performance of the CRSP US Total Market Index. It holds a broadly diversified equity portfolio, encompassing companies of all market capitalizations—large, medium, and small—and balanced across both growth and value investment approaches. Management follows a passive strategy, often employing an index-sampling technique, and the portfolio typically holds minimal cash, maintaining full investment in its assets. Vanguard Morningstar Total Stock Market ETF provides exposure to the large cap equity market. The portfolio is broadly diversified with 3598 holdings. Sector allocation is spread across 11 sectors, with Technology as the largest at 36.1%.

Risk Metrics

With 3598 holdings, the fund offers broad diversification that mitigates individual security risk. As with all ETFs, the fund is subject to market risk and its value will fluctuate with market conditions. Past performance does not guarantee future results. the may be worth researching fund's investment objectives, risks, charges, and expenses carefully before investing.

Expense Ratio

0.03%

What does VTI hold?

Holding	Weight
NVIDIA Corp (NVDA)	6.40%
Apple Inc (AAPL)	6.29%
Microsoft Corp (MSFT)	4.79%
Amazon.com Inc (AMZN)	3.65%
Alphabet Inc (GOOGL)	2.90%
Broadcom Inc (AVGO)	2.56%
Alphabet Inc (GOOG)	2.31%
Meta Platforms Inc (META)	1.70%
Eli Lilly & Co (LLY)	1.35%
JPMorgan Chase & Co (JPM)	1.31%

How Is the Fund Allocated?

Sector	Weight
Technology	36.1%
Financial Services	11.8%
Industrials	10.2%
Healthcare	9.7%
Consumer Cyclical	9.4%
Communication Services	9.1%
Consumer Defensive	4.3%
Energy	3.1%
Real Estate	2.3%
Utilities	2.2%
Basic Materials	1.9%

Country	Weight
United States	96.9%
Ireland	1.1%
Other	0.6%
United Kingdom	0.5%
Singapore	0.3%
Switzerland	0.3%
Bermuda	0.1%
Cayman Islands	0.1%
Canada	0.1%
Netherlands	0.0%

Dividend Yield

1.06%

Vanguard Mega Cap ETF (MGC) — 0.05% expense ratio
First Trust Large Cap Value AlphaDEX Fund (FTA) — 0.58% expense ratio
Vanguard S&P 500 ETF (VOO) — 0.03% expense ratio
First Trust Bloomberg R&D Leaders ETF (RND) — 0.60% expense ratio

Vanguard S&P 500 ETF (VOO) (Large Cap Equity) — 0.03% expense ratio
Vanguard Real Estate ETF (VNQ) (Real Estate (Listed/REITs)) — 0.13% expense ratio
Vanguard Mega Cap ETF (MGC) (Large Cap Equity) — 0.05% expense ratio
Vanguard Total Bond Market ETF (BND) (Core Investment Grade Bond) — 0.03% expense ratio
Vanguard Long-Term Corporate Bond ETF (VCLT) (Core Investment Grade Bond) — 0.03% expense ratio
Vanguard Ultra-Short Bond ETF (VUSB) (Core Investment Grade Bond) — 0.10% expense ratio

Risk Metrics

Beta: 1.03

Questions & Answers

What is Vanguard Morningstar Total Stock Market ETF (VTI)?

With $2.3T in assets under management, it is one of the larger funds in its category.

What is the expense ratio for VTI?

Vanguard Morningstar Total Stock Market ETF has an expense ratio of 0.03%, which is considered very low for large cap equity ETFs. This means for every $10,000 invested, annual fees would be approximately $3.

Lower expense ratios generally lead to better long-term returns, all else being equal.

What are the top holdings in VTI?

The three largest positions in Vanguard Morningstar Total Stock Market ETF are NVIDIA Corp (NVDA, 6.4%), Apple Inc (AAPL, 6.3%), Microsoft Corp (MSFT, 4.8%). Together these top three holdings represent 17.5% of the fund, out of 3598 total positions.

The fund is relatively diversified across its holdings.

What sectors does VTI invest in?

Vanguard Morningstar Total Stock Market ETF allocates across 11 sectors. The largest sector exposures are Technology (36.1%), Financial Services (11.8%), Industrials (10.2%). The sector allocation provides broad market exposure across multiple industries.

How long has VTI been around?

Vanguard Morningstar Total Stock Market ETF was launched in 2001, making it 25 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by Vanguard.