- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- Jun 15, 2001
- Business
- Vanguard Total Stock Market Index Fund (VTI) is an exchange-traded fund that employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index, representing approximately 100% of the investable U.S. stock market, including large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq. The fund offers investors broad exposure to growth and value stocks across diversified sectors such as information technology, financials, consumer discretionary, health care, communication services, industrials, consumer staples, energy, utilities, and materials; it holds approximately 3,500 to 3,600 stocks with top holdings including Apple Inc., NVIDIA Corp., Microsoft Corp., Amazon.com Inc., and Broadcom Inc. Managed by The Vanguard Group, Inc., VTI features a low expense ratio of 0.03%, low portfolio turnover of around 2%, and significant assets under management exceeding $1.8 trillion across related share classes, with $467.8 billion specific to the ETF shares.
Launched on May 24, 2001, and domiciled in the United States, the fund traces its strategy roots to the related mutual fund established in 1992 and operates primarily in U.S. public equity markets, targeting long-term investors seeking comprehensive domestic equity diversification. Vanguard, headquartered in Malvern, Pennsylvania, provides the fund as part of its passive index offerings, with no notable subsidiaries or parent relationships specific to VTI.
In recent years, VTI has maintained its core indexing methodology following a benchmark transition in 2013 from the MSCI U.S. Broad Market Index to the CRSP US Total Market Index, enhancing coverage and reducing turnover through quarterly rebalancing and float-adjusted market cap weighting. The fund experienced robust inflows amid historic U.S. ETF demand in early 2025, contributing to assets surpassing $2 trillion across the Total Stock Market complex, alongside quarterly dividend distributions such as $0.9854 per share. No major acquisitions, partnerships, funding rounds, or structural reorganizations have been reported for VTI in the last 1-2 years, reflecting its stable, passively managed profile amid ongoing market concentration in top technology holdings.