Total Stock Market Index Fund Admiral Shares (VTSAX)

OPTIONS as of
04/25/2018

Options Expense ratio Minimum
Admiral 0.04% N/A
Investor 0.14% N/A
Inst 0.035% $5.0 Million
Inst Plus 0.02% $100.0 Million
Inst Select 0.01% $5.0 Billion
ETF 0.04%

Vanguard ETF Shares can be bought and sold only through a broker (who may charge a commission) and cannot be redeemed with the issuing fund. The market price of Vanguard ETF Shares may be more or less than net asset value.

About our options  


The options above represent share classes of Vanguard's U.S. funds and collective trusts that share the same investment strategy, management, and holdings. Exchanges between some of the share classes may be taxable.

 

Fees

A fee charged by some mutual funds when an investor buys shares. This fee is not a sales charge or load because it is paid directly to the fund to offset the costs of trading certain securities.

 None

A fee charged by some mutual funds when an investor sells shares. A redemption fee differs from a back-end load because the money is paid back into the fund. Many funds charge redemption fees only when shares are bought and then sold within a specific period of time, generally in an effort to discourage market-timing and short-term trading. Some brokers also charge their clients redemption fees for the sale of securities.

 None

KEY FACTS

Product type: Domestic Large Blend
VTSAX
 inception on 11/13/2000
Earliest share class inception on 04/27/1992
$698.7 billion

This represents the total net assets for all share classes of Vanguard's U.S. funds, as well as any collective trust that shares the same investment strategy, management and holdings.

 as of 05/31/2018
$197.1 billion net assets for
VTSAX
 as of 05/31/2018
3,628 holdings as of 05/31/2018
Indexed to the CRSP US Total Market Index (CRSPTMT)
Turnover rate (Fiscal year-end  12/31/2017) 3.10%
CUSIP: 922908728

STYLEBOX

Stock


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



Central tendency
Expected range

How to read our stylebox  

Investment approach



  • Seeks to track the performance of the CRSP US Total Market Index.
  • Large, mid-, and small-cap equity diversified across growth and value styles.
  • Passively managed, using index sampling.
  • Fund remains fully invested.
  • Low expenses minimize net tracking error.

Total returns

as of 03/31/2018

View as:

as of 03/31/2018

14%
12
10
8
6
4
2
0%
 
 
 
 
 
  1 year 3 year 5 year 10 year

11/13/2000

NAV 
13.85% 10.20% 13.02% 9.74% 6.56%

Spliced Total Stock Market Index

*
13.87% 10.21% 13.03% 9.74%

Note: Fee adjusted for mutual funds where applicable.

* Dow Jones U.S. Total Stock Market Index (formerly known as the Dow Jones Wilshire 5000 Index) through April 22, 2005; MSCI US Broad Market Index through June 2, 2013; and CRSP US Total Market Index thereafter.

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.


Sector weightings as of 05/31/2018

  Sector  VTSAX

CRSP U.S. Total Market Index

+/- Weight
Financials 20.1% 20.1% 0.0%
Technology 20.1% 20.1% 0.0%
Industrials 13.2% 13.2% 0.0%
Consumer Services 13.1% 13.1% 0.0%
Health Care 12.5% 12.5% 0.0%
Consumer Goods 8.0% 8.0% 0.0%
Oil & Gas 6.1% 6.1% 0.0%
Utilities 2.8% 2.8% 0.0%
Basic Materials 2.5% 2.5% 0.0%
Telecommunications 1.6% 1.6% 0.0%
Other 0.0% 0.0% 0.0%
0%
25%
Total 100.0% 100.0%

Sector categories are based on the Industry Classification Benchmark, except for the "Other" category (if applicable), which includes securities that have not been provided a Industry Classification Benchmark as of the effective reporting period.

Top 10 Equity Holdings as of 05/31/2018

Rank Holding
1 Apple Inc.
2 Microsoft Corp.
3 Amazon.com Inc.
4 Alphabet Inc.
5 Facebook Inc.
6 Berkshire Hathaway Inc.
7 JPMorgan Chase & Co.
8 Exxon Mobil Corp.
9 Johnson & Johnson
10 Bank of America Corp.
Top 10 equals 17.9% of net assets

Portfolio holdings may exclude any temporary cash investments and equity index products.

Fundamentals

Stock

as of 05/31/2018
VTSAX

CRSP U.S. Total Market Index

Number of stock 3,628 3,572
Avg market cap $176.7 billion $176.7 billion
Median market cap $65.1 billion $65.1 billion
P/E ratio 20.8x 20.8x
P/B ratio 3.0x 3.0x
Turnover rate 3.1% Fiscal year end 12/2017 N/A

Risk and volatility as of 05/31/2018

  VTSAX

Spliced Total Stock Market Index

R-squared N/A 1.00
Beta N/A 1.00
Alpha – 0.01 N/A
Standard deviation 10.41% 10.41%
Sharpe ratio 0.96 0.97

Risk and volatility are based on the share class with the earliest inception date.

Risk measures are calculated from trailing 36-month fund returns relative to the associated benchmarks.

An investment in the fund could lose money over short or even long periods. You should expect the fund’s share price and total return to fluctuate within a wide range, like the fluctuations of the overall stock market. The fund’s performance could be hurt by:

  • Stock market risk: The chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising stock prices and periods of falling stock prices. The fund’s target index may, at times, become focused in stocks of a particular sector, category, or group of companies.
  • Index sampling risk: The chance that the securities selected for the fund, in the aggregate, will not provide investment performance matching that of the index. Index sampling risk for the fund should be low.