Industry Distribution:

• Information Technology: approx. 27%
• Healthcare: approx. 14%
• Finance: approx. 13%

TOP 3 Markets:

• USA: approx. 98%
• Canada: approx. 1%
• Other international markets: approx. 1%

The Vanguard U.S. Total Market Index ETF (TSX:VUN) reflects the entire U.S. stock market, with the majority of revenues coming from the USA. Information technology is the dominant sector, followed by healthcare and finance. This is typical for the U.S. market, which is characterized by large technology companies. The ETF has a very low international share as it focuses on the U.S. market.

Vanguard U.S. Total Market Index ETF (TSX:VUN) is an exchange-traded fund (ETF) and not a company that manufactures physical products.

The ETF invests in a broad range of US stocks that track the entire US stock market. Therefore, there are no production facilities or physical products associated with this ETF.

Vanguard, the provider of the ETF, is a financial services company that offers its services globally, but does not produce physical products.

Current Strategy: Passive Investing

Focus: Broad Market Diversification

Cost Structure: Low Fees

Vanguard U.S. Total Market Index ETF (TSX:VUN) pursues a strategy of passive investing by tracking the entire US stock market. This allows investors to benefit from broad diversification, which minimizes risk while maximizing the potential for long-term growth.

Vanguard's strategy focuses on low costs, achieved through efficient management and leveraging economies of scale. This cost-effective structure is a key component of the growth strategy, as it offers investors attractive returns with minimal fees.

Future growth is supported by continuously adjusting the fund to the market capitalization of the companies included in the index and expanding the product range in the area of passive investment solutions. Vanguard also relies on technological innovations to enhance the efficiency and accessibility of their products for investors.

Commodities/Materials: Not applicable

The Vanguard U.S. Total Market Index ETF (TSX:VUN) is an exchange-traded fund (ETF) that tracks the entire U.S. stock market. As a financial product, this ETF does not import or use any physical commodities or materials. Instead, it invests in a variety of U.S. companies operating in different sectors.

Since the ETF itself does not import physical goods, the question of imported commodities or materials is not applicable. Instead, the ETF reflects the performance of the companies included in the index, which may themselves import commodities. The origin of these commodities depends on the specific companies and their business models.

Asset Volume: $12.5 billion USD (estimated for 2025)
Expense Ratio: 0.16% (estimated for 2025)

The Vanguard U.S. Total Market Index ETF (TSX:VUN) provides investors with access to a broad spectrum of the U.S. stock market, offering a significant competitive advantage. The ETF covers nearly the entire U.S. market, making it an attractive option for investors looking to pursue a diversified investment strategy.

Another competitive advantage is the low expense ratio of 0.16%, which is significantly cheaper compared to actively managed funds. This allows investors to maximize their returns by minimizing costs.

Vanguard is also known for its strong brand reputation and efficient management of index funds, which strengthens investor confidence and further enhances the attractiveness of the ETF.

Institutional Investor Share: Estimated at around 70% (2025)

Insider Buys/Sells: No significant insider transactions known (2025)

The Vanguard U.S. Total Market Index ETF (TSX:VUN) is a broadly diversified fund that tracks the entire US stock market. Due to its structure as an ETF, insider buys and sells are less relevant since it does not represent a single company. The institutional investor share in such ETFs is typically high, as they are preferred by large investment funds, pension funds, and other institutional investors to achieve broad market exposure.

As it is an index fund, specific insider transactions are not typical. Performance and investor interest are more influenced by general market trends and demand for US stocks.

Market share of Vanguard U.S. Total Market Index ETF (TSX:VUN): Estimated around 5% (2025)

Main competitors and their market shares:

1. iShares Core S&P Total U.S. Stock Market ETF (ITOT): around 6%
2. SPDR Portfolio Total Stock Market ETF (SPTM): around 4%
3. Schwab U.S. Broad Market ETF (SCHB): around 3.5%
4. Fidelity Total Market Index Fund (FSKAX): around 3%
5. Invesco QQQ Trust (QQQ): around 2.5%

The Vanguard U.S. Total Market Index ETF (TSX:VUN) holds a significant market share in the Total Market ETF segment, but the market is highly fragmented and dominated by several major providers. Vanguard's moat primarily lies in its established brand, wide product range, and low costs, allowing investors to access the entire US stock market inexpensively.

In comparison to competitors, Vanguard often offers lower fees, which is a key advantage. However, other providers like iShares and Schwab also have strong brands and similar cost advantages, intensifying the competition. Vanguard's moat is significant but not insurmountable, as other major providers also have strong brands and cost-effective products.

Managed Assets: $30 billion USD (2023) Number of Holdings: Over 4,000 (2023) Annual Total Expense Ratio: 0.16% (2023)

The Vanguard U.S. Total Market Index ETF (TSX:VUN) offers investors broad diversification across the entire US stock market. With over 4,000 holdings, the ETF covers large, mid-cap, and small companies, minimizing the risk of individual company failures.

The annual total expense ratio of 0.16% is low compared to many other funds, making the ETF a cost-effective way to invest in the US market. This is particularly beneficial for long-term investors, as low costs can lead to better net returns over the years.

Additionally, the ETF benefits from the overall strength and stability of the US market, which historically has shown solid growth. This makes the Vanguard U.S. Total Market Index ETF an attractive option for investors interested in long-term capital appreciation.

However, it is important to consider one's risk tolerance and investment objectives before making an investment decision.

Dividend Yield: 1.5% (estimated for 2025)

Dividend History: Regular payouts since inception

The Vanguard U.S. Total Market Index ETF (TSX:VUN) regularly pays out dividends. The dividend yield for the year 2025 is estimated to be around 1.5%, based on historical data and current market conditions.

Vanguard ETFs are known for their reliability in dividend payments as they track broadly diversified indices. Payouts typically occur quarterly and reflect the earnings of the companies included in the index. Therefore, investors can expect a stable and dependable dividend policy.