The Total Stock Market Index Portfolio seeks to track the performance of a benchmark index that measures the investment return of the overall stock market.
The Total Stock Market Index Portfolio invests entirely in the Vanguard Institutional Total Stock Market Index Fund (the “Total Stock Market Index Fund”), which employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index. The Index represents approximately 100% of the investable U.S. stock market and includes large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq. The Total Stock Market Index Fund invests by sampling the Index, meaning that it holds a broadly diversified collection of Securities that, in the aggregate, approximates the full Index in terms of key characteristics. These key characteristics include industry weightings and Market Capitalization, as well as certain financial measures, such as price/earnings ratio and dividend yield.
Because the Total Stock Market Index Portfolio invests entirely in the Vanguard Total Stock Market Index Fund, the Portfolio is primarily subject to stock market risk and has low levels of index sampling risk.View Vanguard Site — Total Stock Market Index Portfolio
Average Annual Returns
Updated Monthly as of 12/31/2018
|1 Year||3 Year||5 Year||Since Inception Aug 2005|
|Total Stock Market Index Fund||-5.24%||8.89%||7.79%||7.57%|
|Total Stock Market Index Fund Benchmark||-5.27%||8.89%||7.79%||7.57%|
Returns are net of fees.
The Total Stock Market Index Fund Portfolio’s Benchmark is a blended composite benchmark reflecting the asset strategic benchmark index components for each underlying investment manager, and an adjustment reflecting the administrative fee for the Portfolio:
CRSP US Total Market Index
|As of 1/15/2019||$ 28.08|
Portfolio Fee as of 11/30/2018
|Asset Management Fees||0.02%|
|Inception Date||Aug 2005|