Vanguard Total Stock Market ETF (VTI), which tracks the broader U.S. market, rose about 0.22% at Friday’s open as oil prices eased following a fragile two-week ceasefire between the U.S. and Iran. Meanwhile, the S&P 500 (SPX) and the Nasdaq Composite opened higher, led by gains in tech stocks after March inflation data came in line with expectations.
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New trading tool for AMZN bullsNotably, the consumer price index rose 0.9% in March on a seasonally adjusted basis, bringing the annual inflation rate to 3.3%, even as investors continued to monitor tensions in the Middle East. As a result, broad-market ETFs like VTI are showing signs of optimism.
Overall, VTI is still up 3.90% over the past five days. The ETF’s three-month average trading volume stands at around 6.49 million shares.
VTI’s Top Holdings
Currently, VTI holds 3,466 stocks with total assets worth $569.91 billion. Its top positions are:
- Nvidia (NVDA) – 6.16%
- Apple (AAPL) – 5.88%
- Microsoft (MSFT) – 4.40%
- Amazon (AMZN) – 3.04%
- Alphabet (GOOGL) – 2.73%
VTI’s Price Forecast
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, VTI is a Moderate Buy. The Street’s average price target of $409.93 implies an upside of 22%.
Currently, VTI’s five holdings with the highest upside potential are:
- FiscalNote Holdings (NOTE)
- Heritage Distilling Holding Company (IPST)
- Sangamo Therapeutics (SGMO)
- Curis Inc. (CRIS)
- Reviva Pharmaceuticals Holdings (RVPH)
Meanwhile, its holdings with the greatest downside potential are:
- Avis Budget Group (CAR)
- Imagenebio, Inc. (IMA)
- AXT Inc. (AXTI)
- Lifetime Brands (LCUT)
- Hertz Global (HTZ)
Notably, VTI ETF’s Smart Score is seven, implying that this ETF is likely to perform in line with the broader market.