In researching the forum, all I found were old posts... if this has been beaten to death and I missed it, my apologies.
Just wanted to get some input if possible.
Having recently been reading and researching... I am 100% sold on the idea behind Total Market Index investing and just want to make sure I'm not missing anything. This is not meant to start a war between the two... I think we can all agree they are pretty similar in the big picture.
But I suppose that is my question...
Recently (3/1) Schwab has dropped to 0.03 ER for SWTSX... but Vanguard has more holdings.
This is directly from Schwab today:
"So as far as scope, the fund has 40.97% in giant cap stocks, 30.51% in large cap stocks, 19.24% in mid cap stocks, 6.93% in small cap stocks, and 2.36% in micro cap stocks. There are 2,367 holdings total."
I believe VSTAX is upwards of about 3,500 holdings or something like that?
So what are the differences then?
Does SWTSX simply avoid a bunch of the smaller & micro cap stuff that VTSAX holds?
I just want to be sure I am understanding each correctly... thanks for any input.