Author Topic: Approximating VTSAX with HSA options  (Read 1014 times)

schoolsofthought

  • 5 O'Clock Shadow
  • *
  • Posts: 2
Approximating VTSAX with HSA options
« on: October 24, 2018, 02:05:52 PM »
Hi,

I'm looking for some advice on investing my HSA. I was going to buy I only have $6K in the HSA and I don't see VTSAX pop up as an option. I've tried to follow some sample approximations (https://www.bogleheads.org/wiki/Approximating_total_stock_market), but I am unable to find the exact funds in any of the examples.

Also, I noticed that each fund had this disclaimer when viewing on my HSA website:
This is a low cost fund that is *not* paid for by your plan sponsor. Investing in this fund will result in a monthly fee 0.033% on the average value invested and will be charged to your cash balance.

Any suggestions on closest to VTSAX I can get with funds below? Or should I wait until I save more in my HSA? I've heard that the 0.033% fee might go away if I had more money in my HSA.

   SMALL VALUE   ----   VANGUARD SMALL CAP VALUE INDEX ADMIRAL   ----   VSIAX   
   INTERMEDIATE-TERM BOND   ----   VANGUARD TOTAL BOND MARKET IDX INSTLPLS   ----   VBMPX   
   TARGET-DATE 2060+   ----   VANGUARD TARGET RETIREMENT 2060 INV   ----   VTTSX   
   LARGE GROWTH   ----   VANGUARD GROWTH INDEX INSTITUTIONAL   ----   VIGIX   
   TARGET-DATE 2020   ----   VANGUARD TARGET RETIREMENT 2020 INV   ----   VTWNX   
   ALLOCATION--30% TO 50% EQ   ----   VANGUARD WELLESLEY INCOME ADMIRAL   ----   VWIAX   
   TARGET-DATE 2040   ----   VANGUARD TARGET RETIREMENT 2040 INV   ----   VFORX   
   TARGET-DATE RETIREMENT   ----   VANGUARD TARGET RETIREMENT INCOME INV   ----   VTINX   
   MID-CAP BLEND   ----   VANGUARD EXTENDED MARKET INDEX INSTLPLUS   ----   VEMPX   
   FOREIGN LARGE BLEND   ----   VANGUARD TOTAL INTL STOCK IDX INSTLPLS   ----   VTPSX   
   INFLATION-PROTECTED BOND   ----   VANGUARD SHRT-TERM INFL-PROT SEC IDX ADM   ----   VTAPX   
   LARGE BLEND   ----   VANGUARD INSTITUTIONAL INDEX INSTL PL   ----   VIIIX   
   DIVERSIFIED EMERGING MKTS   ----   VANGUARD EMERGING MKTS STOCK IDX INSTL   ----   VEMIX   
   SHORT-TERM BOND   ----   VANGUARD SHORT-TERM BOND INDEX ADM   ----   VBIRX   
   TARGET-DATE 2030   ----   VANGUARD TARGET RETIREMENT 2030 INV   ----   VTHRX   
   NATURAL RESOURCES   ----   VANGUARD MATERIALS INDEX ADMIRAL   ----   VMIAX   
   MID-CAP VALUE   ----   VANGUARD MID-CAP VALUE INDEX ADMIRAL   ----   VMVAX   
   SMALL BLEND   ----   VANGUARD SMALL CAP INDEX ADM   ----   VSMAX   
   WORLD BOND   ----   VANGUARD TOTAL INTL BD IDX ADMIRAL   ----   VTABX   
   INFLATION-PROTECTED BOND   ----   VANGUARD INFLATION-PROTECTED SECS I   ----   VIPIX   
   TARGET-DATE 2050   ----   VANGUARD TARGET RETIREMENT 2050 INV   ----   VFIFX   
   REAL ESTATE   ----   VANGUARD REAL ESTATE INDEX INSTITUTIONAL   ----   VGSNX   
   LARGE VALUE   ----   VANGUARD VALUE INDEX ADM   ----   VVIAX   



MDM

  • Walrus Stache
  • *******
  • Posts: 9496
Re: Approximating VTSAX with HSA options
« Reply #1 on: October 24, 2018, 04:26:04 PM »
I've tried to follow some sample approximations (https://www.bogleheads.org/wiki/Approximating_total_stock_market), but I am unable to find the exact funds in any of the examples.

19%   MID-CAP BLEND   ----   VANGUARD EXTENDED MARKET INDEX INSTLPLUS   ----   VEMPX   
81%   LARGE BLEND   ----   VANGUARD INSTITUTIONAL INDEX INSTL PL   ----   VIIIX   
That's the same as the fourth option in the Bogleheads wiki.

katscratch

  • Handlebar Stache
  • *****
  • Posts: 1322
  • Location: Minnesota
Re: Approximating VTSAX with HSA options
« Reply #2 on: October 24, 2018, 05:32:54 PM »
I've just looked this up for my plan, too. My choices are different than yours but I thought I'd post this in case it helps someone else --

I found this bit from https://jlcollinsnh.com/2013/05/02/stocks-part-xvii-what-if-you-cant-buy-vtsax-or-even-vanguard/ helpful:

"These next three are “Institutional Shares” and you might find them in your 401k or other employer-sponsored retirement plan:

VITPX: .02%/$200,000,000
VITNX: .04%/$100,000,000
VITSX: .04%/$5,000,000

So, when I recommend VTSAX you can substitute any of these if that’s what is available and/or if one of these others better meets your needs. The important thing is that you are buying the Vanguard Total Stock Market Index Portfolio."

ShoulderThingThatGoesUp

  • Magnum Stache
  • ******
  • Posts: 3057
  • Location: Emmaus, PA
Re: Approximating VTSAX with HSA options
« Reply #3 on: October 25, 2018, 05:24:42 AM »
VTSAX is just a total market fund, right? That’s a really common offering, there’s nothing magic about VTSAX in particular. I have accounts with Schwab, Fidelity, and TD and all offer a total market fund with extremely low ER.

kpd905

  • Handlebar Stache
  • *****
  • Posts: 1723
Re: Approximating VTSAX with HSA options
« Reply #4 on: October 25, 2018, 05:56:20 AM »
You have VIIIX, which is just a better version of VTSAX.  It has lower fees.

MDM

  • Walrus Stache
  • *******
  • Posts: 9496
Re: Approximating VTSAX with HSA options
« Reply #5 on: October 25, 2018, 07:19:28 AM »
You have VIIIX, which is just a better version of VTSAX.  It has lower fees.
VIIIX is the S&P 500, while VTSAX is the total market.

kpd905

  • Handlebar Stache
  • *****
  • Posts: 1723
Re: Approximating VTSAX with HSA options
« Reply #6 on: October 25, 2018, 08:49:06 AM »
You have VIIIX, which is just a better version of VTSAX.  It has lower fees.
VIIIX is the S&P 500, while VTSAX is the total market.

My bad, I misread that.

Then if you follow the Boglehead link that you posted, you can go with 81% VIIIX and 19% the Vanguard Extended Market fund.  Extended Market is a blend of mid-cap and small cap stocks.
« Last Edit: October 25, 2018, 01:52:20 PM by kpd905 »

schoolsofthought

  • 5 O'Clock Shadow
  • *
  • Posts: 2
Re: Approximating VTSAX with HSA options
« Reply #7 on: October 25, 2018, 11:34:02 AM »
Thanks everyone! I don't have much experience in this field, so I didn't know what to do without finding an exact match in tickers from the wiki examples.