VGT

Vanguard Information Technology ETF

Vanguard Information Technology Index ETF seeks to track the performance of the MSCI US Investable Market Information Technology Index. The Fund invests all of its assets in the stocks that ma


US

EQUITY

Passive

MANAGEMENT STYLE

10 bp

EXPENSES

$63.3 B

ASSETS UNDER MGMT

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorVanguard Group Inc/The
CategoryUS
Asset classEquity
Websitelink...
Inception dateJan 26, 2004
Assets (mns)$63,314
Expense ratio10 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyDelayed
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
APPLE INC 20.9 %
MICROSOFT CORP 19.9 %
ADOBE SYSTEMS INC 2.0 %
ADVANCED MICRO DEVICES 2.0 %
SALESFORCE.COM INC 1.9 %
ORACLE CORP 1.8 %
NVIDIA CORP 1.7 %
QUALCOMM INC 1.7 %
ACCENTURE PLC-CL A 1.7 %
CISCO SYSTEMS INC 1.5 %
Constituent Breakdown
Number of holdings325
Herfindahl-Hirschman Index 831
Wgt avg mkt cap (mns)$1,414,590
Large cap (>$10bn)89.8%
Mid cap ($2-10bn)7.6%
Small cap (<$2bn)2.6%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 95.6 %
IRELAND 1.9 %
NETHERLANDS 0.6 %
Historical Performance


Standardized Performance (as of 06/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 19.6% 31.7% 34.1% 14.1% 23.4% 20.8% 13.9%
Volatility 19.4% 17.9% 23.9% 24.7% 27.5% 23.0% --
Market Correlations
versus...BetaR-squared
S&P 5001.2488%
MSCI EAFE1.0154%
MSCI Emg Mkts0.7732%
Liquidity Measures
Avg. volume (000)531
Turnover0.5%
Avg. Bid/Ask (% of price)0.03%
ADV of underlying (mns)$194,210
Technical Indicators
Recent close$584.23
30d moving avg.$588.00
Annualized volatility23.7%
Relative strength (RSI)67
Short interest (ETF)0.2%
Short interest (underlying)1.8%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: VGT vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
4.9 28.5 5.9 0.7% --
Based on closing prices from 7/22/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
VGT



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

VGT

4.4%

Cat. Avg

5.6%

Fund Category: US

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™4.4%
Recommendation

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

Category Overview
There are 899 funds in the US category, with an average ALTAR Score™ of 5.6% and a standard deviation of 2.4%. VGT's ALTAR Score™ is approximately 0.5 standard deviations below the category average. This places VGT in the 31st percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
VGT
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown
Expense Analysis

Peer Group Passive
US Equity ETFs
# of ETFs 192
Avg. Expense Ratio 31.0 bp
Std. Deviation 25.7 bp
VGT (10 bp) Percentile rank 21
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
VGT 10.0 2.8 12.8
Peer Avg. 29.8 6.8 36.5
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .