The Vanguard Total Stock Market ETF (VTI) continues to provide investors with extensive exposure to the U.S. equity market, despite experiencing a dip of 2.11% over the past week. Year-to-date, however, the ETF has performed well with an impressive 15% increase.
On Monday, VTI fell by 1.04%, mirroring broader market trends as both the Nasdaq Composite and the S&P 500 reported declines of 0.84% and 0.92%, respectively. The downturn in U.S. stock markets comes as investors look ahead to key upcoming events, including earnings results from Nvidia (NVDA) and the U.S. jobs report for September.
Trading volume for VTI remains substantial with an average of 4.03 million shares over the past three months. Over the last five trading days, there has been a positive net flow of $170 million into VTI, indicating that investors are still confident in the ETF despite recent market fluctuations.
From a technical standpoint, the ETF currently holds a Neutral rating according to TipRanks’ analysis, reflecting a cautious sentiment among investors. The consensus among analysts offers a Moderate Buy rating, with an average price target of $424.37 suggesting a potential upside of 30%.
Among VTI’s top holdings are prominent tech companies such as Nvidia, accounting for 7.14%, Apple (AAPL) at 6.12%, and Microsoft (MSFT) at 5.88%. The ETF’s five holdings with the highest upside potential include Cibus (CBUS), NRX Pharmaceuticals (NRXP), MetaVia (MTVA), FibroBiologics (FBLG), and Netflix (NFLX). Conversely, those with the most significant downside risks feature LXP Industrial Trust (LXP), Opendoor Technologies (OPEN), iHeartMedia (IHRT), and Lemonade (LMND).
The ETF’s Smart Score stands at seven, indicating a likelihood of performance that aligns with the broader market trends. Investors aiming to enhance their portfolio strategies can benefit from TIPRANKS’ insights into top equity ETFs that exhibit high upside potential, guiding smarter investment decisions.