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18 important things you should know about Vanguard VSMPX mutual fund
Updated: January 29, 2021
100
Bull Case
- High net assets
- 3-year return above the benchmark
- 10-year return above the benchmark
- Low expense ratio
- No sales load or distribution fees
Bear Case
- No Bear case arguments for now!
Before we start: if you’re looking for VSMPX “stock” price, you can quickly find it out by visiting Finny and typing "VSMPX quote". If you’re looking for a quick scoop on VSMPX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "VSMPX". You’ll get all this info in one place.
Are you looking to buy or sell VSMPX? Or perhaps you’re looking for VSMPX fact sheet, and learn about its alternatives? If so, you came to the right place.
In this VSMPX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.
Here is what you’ll be able to find in this review:
- Fact Sheet: VSMPX performance, returns, expense ratio, holdings and dividend yield;
- Analysis: VSMPX buy or sell; the pros and cons of investing in VSMPX mutual fund;
- Alternatives: other ETFs and mutual funds you should consider as alternatives to VSMPX.
And here is the list of questions we’ll answer:
- Describe Vanguard Index Funds: Vanguard Total Stock Market Index Fund; Institutional Plus Class Shares (VSMPX).
- What are VSMPX holdings?
- What is VSMPX performance? What are VSMPX historical returns?
- How many up and down years did VSMPX have historically?
- What is VSMPX dividend yield?
- What is VSMPX minimum initial investment amount?
- What is VSMPX expense ratio?
- Does VSMPX have any sales loads or 12b-1 distribution expenses?
- What is VSMPX tax efficiency (tax-cost ratio)?
- What is VSMPX beta? How would you assess VSMPX risk?
- What is VSMPX Sharpe ratio?
- What is VSMPX Finny Score? VSMPX buy or sell?
- What are the pros of investing in VSMPX? What are VSMPX buy reasons?
- What are the cons of investing in VSMPX? What are VSMPX sell reasons?
- Compare and contrast: VSMPX vs VTSAX.
- Compare and contrast: VSMPX vs VTI.
- Compare and contrast: VSMPX vs FSKAX.
So let’s start. Scroll down to the question that interests you the most.
Fact Sheet
1. Describe Vanguard Index Funds: Vanguard Total Stock Market Index Fund; Institutional Plus Class Shares (VSMPX).
The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs an indexing investment approach to track the performance of the CRSP US Total Market Index. The Fund invests by holding a collection of securities that approximates the Index.
2. What are VSMPX top holdings?
VSMPX has 3,588 stock holdings and 2 bond holdings.
The top 10 holdings represent 23.05% of total assets. Here are the top holdings:
| Name | Symbol | % Assets |
|---|---|---|
| Apple Inc | AAPL | 5.36% |
| Microsoft Corp | MSFT | 4.78% |
| Amazon.com Inc | AMZN | 4.03% |
| Facebook Inc A | FB | 1.89% |
| Alphabet Inc A | GOOGL | 1.32% |
| Alphabet Inc Class C | GOOG | 1.25% |
| Berkshire Hathaway Inc Class B | BRK.B | 1.19% |
| Johnson & Johnson | JNJ | 1.18% |
| Procter & Gamble Co | PG | 1.04% |
| Visa Inc Class A | V | 1.01% |
3. What is VSMPX performance? What are VSMPX historical returns?
VSMPX has generated the following returns:
- 1-month return is 4.41%;
- 3-month return is 14.34%;
- 1-year return is 14.34%;
- 3-year return is 13.59%;
- 5-year return is 18.39%;
- 10-year return is 13.74%.
4. How many up and down years did VSMPX have historically?
In the last 10 years, VSMPX had 8 up years and 1 down year.
5. What is VSMPX dividend yield?
VSMPX yield is 1.43%.
6. What is VSMPX minimum initial investment amount?
VSMPX minimum initial investment amount is $100.00M.
7. What is VSMPX expense ratio?
VSMPX expense ratio is 0.02%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.
8. Does VSMPX have any sales loads or 12b-1 distribution expenses?
VSMPX 12b-1 distribution fee is 0. VSMPX front-end sales load is 0. VSMPX back-end sales load is 0.
9. What is VSMPX tax efficiency (tax-cost ratio)?
- 1-year ax cost ratio is 0.43%;
- 3-year ax cost ratio is 0.45%.
10. What is VSMPX beta? How would you assess VSMPX risk?
- 3-year beta is 1.04;
- 5-year beta is 1.05;
- 10-year beta is 1.04;
- 15-year beta is 1.03.
11. What is VSMPX Sharpe ratio?
- 3-year Sharpe ratio is 0.53;
- 5-year Sharpe ratio is 0.72;
- 10-year Sharpe ratio is 0.90;
- 15-year Sharpe ratio is 0.60.
Analysis
12. What is Finny Score? buy or sell?
Finny Score is 100. Our quantitative analysis shows 5 reasons to buy and 0 reasons to sell it, resulting in the Finny Score of 100.
13. What are the pros of investing in VSMPX? What are VSMPX buy reasons?
The following are VSMPX strengths from our perspective:
- VSMPX net assets are $226.29 billion. This fund is a popular choice with retail and institutional investors.
- VSMPX 3-year return is 13.59%, which is higher than the 3-year return of the benchmark index (CRSP US Total Market TR USD), 13.58%.
- VSMPX 10-year return is 13.74%, which is in line with the 10-year return of the benchmark index (CRSP US Total Market TR USD), 14.13%.
- VSMPX expense ratio is 0.02%, which is considered low. Nice job picking a low-cost fund.
- Good news: this fund does not have 12b1, front-end or back-end sales fees.
14. What are the cons of investing in VSMPX? What are VSMPX negatives?
There are no visible red flags.
Alternatives
15. Compare and contrast: VSMPX vs VTSAX.
Both VSMPX and VTSAX are mutual funds. VSMPX has a higher 5-year return than VTSAX (18.39% vs 18.37%). VSMPX has a lower expense ratio than VTSAX (0.02% vs 0.04%). Below is the comparison between VSMPX and VTSAX.
| VSMPX | VTSAX | |
|---|---|---|
| Segment | U.S. Equity: Large Blend | U.S. Equity: Large Blend |
| Net Assets | $226.29B | $273.62B |
| Expense Ratio | 0.02% | 0.04% |
| Management Style | passive (index-based) | passive (index-based) |
| Underlying Index | N/A | N/A |
| YTD Return | 3.49% | 3.48% |
| 1-Year Return | 14.34% | 14.33% |
| 3-Year Return | 13.59% | 13.57% |
| 5-Year Return | 18.39% | 18.37% |
| 10-Year Return | 13.74% | 13.9% |
| Dividend Yield | 1.43% | 1.41% |
VTSAX profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs an indexing investment approach to track the performance of the CRSP US Total Market Index. The Fund invests by holding a collection of securities that approximates the Index.
For further information, check out VSMPX vs VTSAX comparison details.
16. Compare and contrast: VSMPX vs VTI.
VSMPX is a mutual fund, whereas VTI is an ETF. VSMPX has a higher 5-year return than VTI (18.39% vs 17.92%). VSMPX has a lower expense ratio than VTI (0.02% vs 0.03%). Below is the comparison between VSMPX and VTI.
| VSMPX | VTI | |
|---|---|---|
| Segment | U.S. Equity: Large Blend | Equity: U.S. - Total Market |
| Net Assets | $226.29B | $202.07B |
| Expense Ratio | 0.02% | 0.03% |
| Management Style | passive (index-based) | passive (index-based) |
| Underlying Index | N/A | CRSP US Total Market Index |
| YTD Return | 3.49% | 3.21% |
| 1-Year Return | 14.34% | 21.29% |
| 3-Year Return | 13.59% | 13.54% |
| 5-Year Return | 18.39% | 17.92% |
| 10-Year Return | 13.74% | 13.94% |
| Dividend Yield | 1.43% | 1.42% |
VTI profile: The Fund seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs an indexing investment approach to track the performance of the CRSP US Total Market Index. The Fund invests by holding a collection of securities that approximates the Index.
For further information, check out VSMPX vs VTI comparison details.
17. Compare and contrast: VSMPX vs FSKAX.
Both VSMPX and FSKAX are mutual funds. VSMPX has a higher 5-year return than FSKAX (18.39% vs 18.34%). VSMPX and FSKAX have the same expense ratio (0.02%). Below is the comparison between VSMPX and FSKAX.
| VSMPX | FSKAX | |
|---|---|---|
| Segment | U.S. Equity: Large Blend | |
| Net Assets | $226.29B | $57.71B |
| Expense Ratio | 0.02% | 0.02% |
| Management Style | passive (index-based) | N/A |
| Underlying Index | N/A | N/A |
| YTD Return | 3.49% | 3.5% |
| 1-Year Return | 14.34% | 14.4% |
| 3-Year Return | 13.59% | 13.5% |
| 5-Year Return | 18.39% | 18.34% |
| 10-Year Return | 13.74% | 13.84% |
| Dividend Yield | 1.43% | 1.45% |
FSKAX profile: The Fund seeks to provide investment results corresponding to the total return of a broad range of United States stocks. The Fund invests at least 80% of its assets in common stocks included in the Dow Jones US Total Stock Market Index, which represents the performance of a broad range of U.S. stocks.
For further information, check out VSMPX vs FSKAX comparison details.
