VTI ETF Shows Mixed Performance Amid Market Volatility
Vanguard Total Stock Market ETF (VTI) dipped 0.61% on Wednesday, mirroring broader market declines as the Nasdaq Composite fell 0.93% and the S&P 500 dropped 0.53%. Weak earnings reports from Texas Instruments and Netflix contributed to the subdued sentiment.
Despite the daily setback, VTI remains up 1.67% over the past five trading days and 15.25% year-to-date. Investor confidence appears intact, with $118 million in net inflows over the past week. The ETF maintains a Moderate Buy rating with a $376.60 average price target, suggesting 14.5% upside potential.
Nvidia, Microsoft and Apple dominate VTI's holdings, collectively accounting for nearly 20% of the fund's weight. Small-cap biotech stocks like FibroBiologics and Biodesix show the highest projected upside among its components.
