The Vanguard Total Stock Market ETF (VTI), which tracks the broader U.S. market, is down by 0.77% at Tuesday’s open as tech stocks came under pressure. Sentiment in the sector was weighed down by reports that OpenAI missed key revenue and user targets. According to the report, OpenAI CFO Sarah Friar raised concerns that the company could struggle to fund its massive computing contracts, adding to broader worries around AI spending and profitability across the industry.
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Forget margin or options. Here's how the pros trade AMZNThe Sam Altman-led company, while not publicly listed, is widely considered one of the most influential players in the AI space. As a result, its performance, outlook, and strategic decisions are often seen as key indicators of broader trends in the AI industry. This matters for funds like VTI, which track the overall U.S. equity market.
Overall, the VTI ETF remains up by 0.15% over the past five days. Meanwhile, its three-month average trading volume stands at around 5.74 million shares.
VTI’s Top Holdings
Currently, VTI holds 3,473 stocks with total assets worth $614.88 billion. Its top positions are:
- Nvidia (NVDA) – 6.39%
- Apple (AAPL) – 5.91%
- Microsoft (MSFT) – 4.36%
- Amazon (AMZN) – 3.19%
- Alphabet (GOOGL) – 2.66%
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 $412.90 implies an upside of 17.84%.
Currently, VTI’s five holdings with the highest upside potential are:
- Sangamo Therapeutics (SGMO)
- Curis Inc. (CRIS)
- Reviva Pharmaceuticals Holdings (RVPH)
- CalciMedica (CALC)
- Synergy CHC (SNYR)
Meanwhile, its holdings with the greatest downside potential are:
- Imagenebio, Inc. (IMA)
- Immunic (IMUX)
- Navitas Semiconductor (NVTS)
- Leslie’s (LESL)
- CarParts.com Inc (PRTS)
Notably, VTI ETF’s Smart Score is seven, implying that this ETF is likely to perform in line with the broader market.