Question
Vanguard Total Stock Market (VTI) Fidelity Magellan (FMAGX) Category Large Blend Large Growth Expense Ratio 0.03% 0.67% Date for performance information below: 02/21/2020` 02/21/2020 Year
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| Vanguard Total Stock Market (VTI) | Fidelity Magellan (FMAGX) |
| Category | Large Blend | Large Growth |
| Expense Ratio | 0.03% | 0.67% |
| Date for performance information below: |
02/21/2020` | 02/21/2020 |
| Year to date | 30.80% | 31.16% |
| 1-year | 30.80% | 31.16% |
| 3-year | 14.54% | 16.14% |
| 5-year | 11.20% | 11.40% |
| 10-year | 13.42% | 12.00% |
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| Top 10 holdings | Microsoft Corps | Microsoft Corp |
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| Apple Inc. | Apple Inc |
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| Alphabet Inc. | Amazon.com Inc |
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| Amazon.com Inc | Facebook Inc A |
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| Facebook Inc. | Visa Inc Class A |
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| Berkshire Hathaway Inc. | Mastercard Inc A |
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| JPMorgan Chase & Co. | UnitedHealth Group Inc |
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| Johnson & Johnson | Alphabet Inc Class C |
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| Visa Inc. | Alphabet Inc A |
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| Procter & Gamble Co. | The Home Depot |
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| Number of Stocks | 3566 | 88 |
| Median market cap | $88.2 billion | $111.0 billion |
| Price / Earnings | 22.0x | 33.7x |
| Price / Book | 3.2x | 6.1x |
| Earnings Growth Rate | 11.4% | 23.4% |
| Turnover rate | 3.5% | 42.0% |
| Beta vs. S&P 500 |
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| 3 Largest Sector Differences |
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Use the table above to answer the following:
- Comment on the difference in turnover and the impact this would have on pre-tax and after-tax returns. Which investment is likely to have the greater tax penalty? Why?
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Investing In Fixed Income Securities Understanding The Bond Market
Authors: Gary Strumeyer
1st Edition
0471465127, 9780471465126
