The investment seeks to track the investment results of the MSCI USA Risk Weighted Index composed of U.S. large - and mid-capitalization stocks with relatively
smaller average market capitalization.
Vanguard S&P Value Index VOOV, +0.55 % has higher expenses -LRB-.15 % vs..09 for MGV and VTV), but
a smaller average market capitalization ($ 65 billion).
Not exact matches
Most other stock
market indexes use a «weighted
average market capitalization» system, in which more of the fund's money is invested in larger companies and less in
smaller ones.
Still, VIOV has 7 % more of its portfolio in
small - cap stocks and an
average market capitalization that's 20 %
smaller.
My choice is the Vanguard S&P
Small - Cap 600 Index VIOO, +0.10 % which has 98 % of its portfolio in small - cap companies, with an average market capitalization of $ 1.4 billion and lower portfolio turnover than
Small - Cap 600 Index VIOO, +0.10 % which has 98 % of its portfolio in
small - cap companies, with an average market capitalization of $ 1.4 billion and lower portfolio turnover than
small - cap companies, with an
average market capitalization of $ 1.4 billion and lower portfolio turnover than VTWO.
Vanguard
Small - Cap ETF VB, -0.14 % has the lowest expense ratio of the three, but 40 % of its portfolio is in mid-cap stocks, giving it an average market capitalization of $ 2.8 billion, thus diluting the small - cap advantage I'm see
Small - Cap ETF VB, -0.14 % has the lowest expense ratio of the three, but 40 % of its portfolio is in mid-cap stocks, giving it an
average market capitalization of $ 2.8 billion, thus diluting the
small - cap advantage I'm see
small - cap advantage I'm seeking.
Considerably better is Vanguard Russell 2000 VTWO, +0.21 % which has a 93 % position in
small - cap companies, with an
average market capitalization of only $ 1.5 billion.
Securities of
small and medium
capitalization companies may be subject to more abrupt or erratic
market movements than those of larger, more established companies or the
market averages in general.
Funds in the Canadian
Small / Mid Cap Equity category must invest at least 90 % of their equity holdings in securities domiciled in Canada, and their average market capitalization must be lower than the Canadian small / mid cap thres
Small / Mid Cap Equity category must invest at least 90 % of their equity holdings in securities domiciled in Canada, and their
average market capitalization must be lower than the Canadian
small / mid cap thres
small / mid cap threshold.
Funds in the Canadian Equity category must invest at least 90 % of their equity holdings in securities domiciled in Canada, and their
average market capitalization must be greater than the Canadian
small / mid cap threshold.
Funds in the Canadian Focused Equity category must invest at least 50 % and less than 90 % of their equity holdings in securities domiciled in Canada, and their
average market capitalization must be greater than the Canadian
small / mid cap threshold.
Stocks with a
small capitalization The manual provides extensive data regarding the out performance of stocks possessing any of these criteria in relation to the
market averages.
For context, the 3,175 th company has a
market capitalization today of approximately $ 400 million, which is
smaller than the
average, but still investable for most investors).
For context, the 2,406 th company has a
market capitalization today of $ 300 million, which is much
smaller than the
average, but still investable for most investors).
As we saw last week, the
average cashflow yield for the equally weighed value portfolio is slightly lower than the
average cashflow yield for the
market capitalization - weighted portfolios, which indicates that, over the full period, bigger stocks tended to be a cheaper method for buying cashflow than
smaller stocks.