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VTI

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Analysis and statistics

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About

VTI.AU represents Vanguard Total Stock Market ETF (VTI) listed on the Australian Securities Exchange (ASX) and denominated in Australian dollars. It's an exchange-traded fund that aims to track the performance of the CRSP US Total Market Index, providing broad exposure to the entire U.S. stock market, including small, mid, and large-cap companies. Investors use VTI.AU to gain diversified access to the U.S. equity market without needing to directly purchase individual stocks or convert currencies. The fund's performance will reflect fluctuations in both the underlying index and the AUD/USD exchange rate.
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Factors

VTI.AU's price is influenced by several factors: US Market Performance: As VTI.AU tracks the US total stock market, movements in US indices like the S&P 500 directly impact its price.

AUD/USD Exchange Rate: Since VTI.AU is priced in AUD but holds US assets, a weaker AUD increases the AUD value of those assets.

Investor Demand: High demand for VTI.AU pushes its price up, while increased selling pressure lowers it.

Dividend Reinvestments: Dividend payouts and their subsequent reinvestment create buying pressure, potentially raising the price.

Management Fees & Expenses: Small annual fees charged by the fund reduce returns and can subtly affect the stock price over time.

Index Tracking Accuracy: How closely VTI.AU mirrors the performance of its benchmark index can affect perceived value and thus price.

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