VTI was created on 2001-05-24 by Vanguard. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 463220.87m in AUM and 3606 holdings. The fund seeks to track a market-cap-weighted portfolio that provides total market exposure to the US equity space.
This ETF offers broad exposure to the U.S. equity market, investing in thousands of different securities across all sectors. That makes VTI an appealing option for investors looking to simplify their portfolios and minimize rebalancing obligations, as this fund can serve as a core holding of a long-term portfolio. VTI can potentially be useful as a tool for establishing quick exposure to risky assets, though most shorter-term traders with that objective will gravitate towards products such as SPY instead.