– Over the last decade, Vanguard’s popular Total Stock Market Index Fund matches or lags the S&P 500. It offers both mutual fund and exchange-traded fund share classes.– VTSAX, the Admiral Shares mutual fund, was previously exclusively available through Vanguard. However, there are benefits to holding the mutual fund rather than the ETF, VTI.
The fund’s 5-year beta of 1.03 indicates that it will be as volatile as the market average. Because alpha measures a portfolio’s risk-adjusted performance against a benchmark, in this case, the S&P 500, it’s crucial to pay attention to this indicator.
Examining a mutual fund’s equity holdings is also a worthwhile task, and it can show us the techniques fund managers use and if their approaches have any inherent biases. The concentration of VTSAX is primarily on equities trading in the United States.
Vanguard Group, based in Malvern, Pennsylvania, manages VTSAX. Since its inception in November of 2000, VTSAX has accumulated around $321.58 billion in assets, according to the most recent available data.