How the Largest Stock ETFs Performed

Each month, we check in on the performance of the largest US stock exchange-traded funds. When evaluating ETFs, investors should focus on long-term returns across multiple years and market cycles. However, short-term returns can provide valuable information about biases within strategies.

Out of the 10 largest US stock ETFs, the top performer last month was the $245 billion Vanguard Value Index Fund VTV

, which gained 3.43%. The bottom performer was the $393.8 billion Vanguard Growth Index Fund VUG

, which lost 3.57%.

Here’s more about the performance of the largest stock ETFs.

Vanguard Total Stock Market Index Fund VTI

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Large Blend

In June, the Vanguard Total Stock Market Index Fund fell 0.33%, while the average large blend fund lost 0.06%. The fund placed in the 47th percentile for performance. The $2.3 trillion fund has climbed 23.16% over the past year, outperforming the average fund in its category, which rose 20.01%. The Vanguard fund, launched in May 2001, has climbed 20.43% over the past three years annualized, and 12.24% annualized over the past five.

Vanguard 500 Index Fund VOO

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Large Blend

In June, the Vanguard 500 Index Fund fell 0.95%, while the average large blend fund lost 0.06%. The fund placed in the 68th percentile for performance. The $1.7 trillion fund has climbed 22.28% over the past year, outperforming the average fund in its category, which rose 20.01%. The Vanguard fund, launched in September 2010, has climbed 20.58% over the past three years annualized, and 13.36% annualized over the past five.

iShares Core S&P 500 ETF IVV

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Large Blend

The iShares Core S&P 500 ETF lost 0.96% in June, falling further than the average fund in the large blend category, which fell 0.06%. The $889.1 billion fund has gained 22.29% over the past year, while the average fund in its category is up 20.01%. The iShares fund, launched in May 2000, has climbed 20.58% over the past three years annualized and 13.37% annualized over the past five.

State Street SPDR S&P 500 ETF Trust SPY

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Large Blend

In June, the State Street SPDR S&P 500 ETF Trust fell 0.96%, while the average large blend fund lost 0.06%. The fund placed in the 69th percentile for performance. The $777.4 billion fund has climbed 22.20% over the past year, outperforming the average fund in its category, which rose 20.01%. The State Street fund, launched in January 1993, has climbed 20.48% over the past three years annualized, and 13.30% annualized over the past five.

Vanguard Total Intl Stock Idx Fund VXUS

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Foreign Large Blend

In June, the Vanguard Total Intl Stock Idx Fund fell 0.20%, while the average foreign large blend fund gained 0.21%. The fund placed in the 66th percentile for performance. The $652.3 billion fund has climbed 27.42% over the past year, outperforming the average fund in its category, which rose 21.56%. The Vanguard fund, launched in January 2011, has climbed 18.73% over the past three years annualized, and 8.81% annualized over the past five.

Invesco QQQ Trust QQQ

• Morningstar Medalist Rating
  : Neutral
• Morningstar Category
  : Large Growth

The Invesco QQQ Trust lost 0.14% in June, falling less than the average fund in the large growth category, which fell 1.10%. The $478.3 billion fund has gained 34.10% over the past year, while the average fund in its category is up 17.45%. The Invesco fund, launched in March 1999, has climbed 26.56% over the past three years annualized, and 16.44% annualized over the past five years.

Vanguard Growth Index Fund VUG

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Large Growth

The Vanguard Growth Index Fund lost 3.57% in June, falling further than the average fund in the large growth category, which fell 1.10%. The $393.8 billion fund has gained 18.61% over the past year, while the average fund in its category is up 17.45%. The Vanguard fund, launched in January 2004, has climbed 22.92% over the past three years annualized, and 13.18% annualized over the past five.

Vanguard Developed Markets Index Fund VEA

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Foreign Large Blend

In June, the Vanguard Developed Markets Index Fund fell 0.23%, while the average foreign large blend fund gained 0.21%. The fund placed in the 67th percentile for performance. The $317.3 billion fund has climbed 28.64% over the past year, outperforming the average fund in its category, which rose 21.56%. The Vanguard fund, launched in July 2007, has climbed 19.29% over the past three years annualized, and 10.12% annualized over the past five.

Vanguard Value Index Fund VTV

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Large Value

In June, the Vanguard Value Index Fund rose 3.43%, while the average large value fund gained 1.22%. The fund placed in the ninth percentile for performance. The $245 billion fund has climbed 25.92% over the past year, outperforming the average fund in its category, which rose 21.08%. The Vanguard fund, launched in January 2004, has climbed 18.01% over the past three years annualized, and 12.32% annualized over the past five.

Vanguard Mid Cap Index Fund VO

• Morningstar Medalist Rating
  : Gold
• Morningstar Category
  : Mid-Cap Blend

The $218.8 billion Vanguard Mid Cap Index Fund rose 2.39% in June. The gain on the fund was shy of the 3.54% gain on the average fund in the mid-cap blend category, leaving it in the 75th percentile for performance. Over the past year, the Vanguard fund rose 16.75%, while the average fund in its category rose 23.67%. The fund, launched in January 2004, has climbed 15.33% over the past three years annualized, and 7.95% annualized over the past five.