Vanguard Total Stock Market ETF seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. It employs a passively managed, index-sampling strategy that can potentially be useful as a tool for establishing quick exposure to risky assets. With an extremely broad base of holdings and balance of exposure, this fund is an appealing option for investors looking to simplify their portfolios and minimize rebalancing obligations. VTI is one of the cheapest products available, and the ability to trade commission free within a Vanguard account further increases the appeal to cost-conscious investors.
Those seeking more balanced exposure to U.S. equities may want to use VTI alongside more targeted products focusing on smaller companies.