# Vanguard Morningstar Total Stock Market ETF (VTI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vti for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Large Cap Equity - Strategy: Passive Index · Inception: 2001-05-24 This ETF's primary objective is to replicate the performance of the CRSP US Total Market Index. It holds a broadly diversified equity portfolio, encompassing companies of all market capitalizations—large, medium, and small—and balanced across both growth and value investment approaches. Management follows a passive strategy, often employing an index-sampling technique, and the portfolio typically holds minimal cash, maintaining full investment in its assets. The fund's modest operating costs help ensure its net performance closely aligns with the index by minimizing tracking error. A signif... ## Key Facts | Metric | Value | |---|---| | Price | $373.01 | | Expense Ratio | 0.03% | | Assets Under Management | $2.30T | | NAV | $373.04 | | Holdings Count | 3598 | | Distribution Yield (TTM) | 1.06% | | Annual Distribution (TTM) | $3.95 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $310.40 – $385.12 | | Beta | 1.02 | ## Latest Distribution - Amount: $0.9555 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does VTI invest in? This ETF's primary objective is to replicate the performance of the CRSP US Total Market Index. It holds a broadly diversified equity portfolio, encompassing companies of all market capitalizations—large, medium, and small—and balanced across both growth and value investment approaches. Management follows a passive strategy, often employing an index-sampling technique, and the portfolio typically holds minimal cash, maintaining full investment in its assets. The fund's modest operating costs help ensure its net performance closely aligns with the index by minimizing tracking error. A significant portion (75%) of the fund's assets is subject to certain investment constraints. Specifically, it generally cannot acquire more than 10% of any single company's outstanding voting shares, nor can it hold more than 5% of its total assets in any one issuer's securities. However, these concentration limits may be exceeded if necessary to accurately reflect the composition of its benchmark index. Importantly, these restrictions do not apply to investments in U.S. government debt or securities issued by its agencies. ### What is the expense ratio of VTI? Vanguard Morningstar Total Stock Market ETF (VTI) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VTI? Vanguard Morningstar Total Stock Market ETF (VTI) manages $2.30T in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is VTI actively managed or an index fund? VTI is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VTI's is 0.03%) because there's no security selection cost. ### When was VTI launched? Vanguard Morningstar Total Stock Market ETF (VTI) launched in May 2001 and is managed by Vanguard. ### How has VTI performed? VTI's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does VTI pay a dividend? Vanguard Morningstar Total Stock Market ETF (VTI) currently distributes little or no income. Trailing-twelve-month yield is 1.06%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VTI pay dividends? Vanguard Morningstar Total Stock Market ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VTI's dividend yield? VTI's trailing-twelve-month yield is 1.06%, calculated from the sum of dividends over the past year divided by the current price. ### When is VTI's next ex-dividend date? The most recently announced ex-dividend date for VTI was 2026-09-28. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will VTI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.03% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VTI charge its expense ratio? The expense ratio is deducted in tiny daily slices from VTI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VTI cost more than a fund like VOO? VTI is a passive index fund (current expense ratio 0.03%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to VTI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as VTI (0.03%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vti - Distribution history: https://www.dividenddata.com/funds/vti/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vti/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vti/expenses - Peer comparison: https://www.dividenddata.com/funds/vti/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.