“Investing in VTI still gives investors a chance to benefit from the next iPhone or the next investment move by Warren Buffett, while at the same time holding over 3700 more stocks, cushioning the blow should any one company fall on hard times,” according to the Seeking Alpha post.
VTI’s top-10 holdings combine for just 14.9% of the ETF’s weight and no stock accounts for more than 2.9% of the fund. Top-10 holdings six Dow components along with Apple (NasdsaqGS: AAPL), Google (NasdaqGS: GOOG), Wells Fargo (NYSE: WFC) and Warren Buffett’s Berkshire Hathaway (NYSE: BRK-B).
The ETF had a P/E of 20.2, a price-to-book ratio of 2.7 and a return on equity of 18.1% at the end of October, according to Vanguard data.
Vanguard Total Stock Market ETF
Tom Lydon’s clients own shares of Apple and IVV.