Atlas Capital manages the Broad ETF model on Covestor with the goal of representing about 80 percent of the investable universe of equities within the model. The top holding in the model is Vanguard Total Stock Market ETF (VTI), a fund that attempts to replicate the MSCI US Broad Market Index, an index of all U.S. common stocks regularly traded on the NYSE and Nasdaq. In total, the fund generally holds 1,200-1,300 of the stocks of the MSCI index. On October 20th, the fund was trading at a premium to NAV.
The next largest holding in the model is Vanguard European ETF (VGK). VGK attempts to mirror the performance of the MSCI Europe Index. In order to do so, most of the underlying assets of VGK are the same as the 467 European company stocks tracked on the index. On October 20th the fund was trading at a premium to NAV.
Another large holding in the Broad ETF model is Vanguard Pacific ETF (VPL), a fund that was designed to mirror the performance of the MSCI Pacific Index. In order to do so, VPL holds the same stocks as the index. On October 20th it was trading at a discount to NAV.
The next fund in the model is Vanguard Emerging Markets ETF (VWO) which replicates the performance of the MSCI Emerging Markets index. The index has about 748 emerging company stocks, and VWO generally keeps the majority of its assets invested in a sample of them. On October 20th, VWO was trading at a discount to NAV.
