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Since it is March Madness I thought I would have a little fun comparing Large Cap ETF's.

To be included in the "tournament" the following conditions had to be met (Data from TD Amertitrade ETF screener). Each team is "seeded" by total assets, the top two ETF's get #1 Seeds the next two get #2 seeds, and so on. The bracket seed matchups are set up the same way as the NCAA Basketball Bracket, but only with 32 "teams".

1. Asset Class: Equity
2. Morningstar Category: Large Blend, Large Value, or Large Growth.
3. Must have atleast $10 Million in assets.
4. Volume average of greater than 30,000.
5. Greater than 95% exposure to North America.
6. Total 3 year Market return greater than zero.

Because the TD Ameritrade screener only included market return, I went to DividendChannel.com to get Total return's for each fund for the period of March 22 2009 until March 22 2012.

Round 1

Sweet 16

Elite 8

Final 4

Finals

Seed

Symbol

Description

3 Yr Tot. Ret.

1

(SPY)

SPDR S&P 500

80.37%

16

(FTA)

First Trust Large Cap Value Opp AlphaDEX

119.17%

FTA

119.17%

PRF

108.05%

8

(VV)

Vanguard Large Cap ETF

82.36%

9

(PRF)

PowerShares FTSE RAFI US 1000

108.05%

FTA

119.17%

DHS

109.81%

5

(VUG)

Vanguard Growth ETF

90.61%

12

(XLG)

Guggenheim Russell Top 50

66.77%

VUG

90.61%

DHS

109.81%

4

(SDY)

SPDR S&P Dividend

78.18%

13

(DHS)

WisdomTree Equity Income

109.81%

FTA

119.17%

IWF

89.78%

6

(VTV)

Vanguard Value ETF

74.49%

11

(IYY)

iShares Dow Jones U.S. Index

84.89%

IYY

84.89%

DIA

81.63%

3

(DIA)

SPDR Dow Jones Industrial Average

81.63%

14

(MGC)

Vanguard Mega Cap 300 Index ETF

77.64%

IYY

84.89%

IWF

89.78%

7

(OEF)

iShares S&P 100 Index

73.95%

10

(DLN)

WisdomTree LargeCap Dividend

86.22%

DLN

86.22%

IWF

89.78%

2

(IWF)

iShares Russell 1000 Growth Index

89.78%

15

(IWW)

iShares Russell 3000 Value Index

77.81%

Champion

FTA

119.17%

FTA

DTN

119.00%

Round 1

Round 2

Round 3

Seed

Symbol

Description

3 Yr Tot. Ret.

1

(VTI)

Vanguard Total Stock Market ETF

86.34%

16

(PFM)

PowerShares Dividend Achievers

71.90%

VTU

86.34%

RSP

110.70%

8

(RSP)

Guggenheim S&P 500 Equal Weight

110.70%

9

(VYM)

Vanguard High Dividend Yield Indx ETF

83.51%

RSP

110.70%

FDL

96.83%

5

(IWB)

iShares Russell 1000 Index

84.95%

12

(FDL)

First Trust Morningstar Div Leaders Idx

96.83%

FDL

96.83%

IVW

82.35%

4

(IVW)

iShares S&P 500 Growth Index

82.35%

13

(PWV)

PowerShares Dynamic Large Cap Value

71.15%

RSP

110.70%

DTN

119.00%

6

(IVE)

iShares S&P 500 Value Index

78.46%

11

(MGK)

Vanguard Mega Cap 300 Gr Index ETF

86.64%

MGK

86.64%

JKE

87.97%

3

(VIG)

Vanguard Dividend Appreciation ETF

71.30%

14

(JKE)

iShares Morningstar Large Growth Index

87.97%

JKE

87.97%

DTN

119.00%

7

(IWV)

iShares Russell 3000 Index

82.35%

10

(DTN)

WisdomTree Dividend ex-Financials

119.00%

DTN

119.00%

FEX

104.80%

2

(IWD)

iShares Russell 1000 Value Index

78.43%

15

(FEX)

First Trust Large Cap Core AlphaDEX

104.80%

The final 4 Descriptions

Champion: First Trust Large Cap Value Opp AlphaDEX [FTA]

Benchmark Index: Defined Large Cap Value Opportunities Index

Description: The Defined Large Cap Value Opportunities Index is an enhanced index created and administered by Standard & Poors which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Value Index.

Second Place: WisdomTree Dividend ex-Financials [DTN]

Benchmark Index: WisdomTree Dividend ex-Financials index

Description: WisdomTree Dividend ex-Financials index measures the performance of high dividend-yielding stocks outside the financial sector. The index consists primarily of large- and mid-capitalization companies listed on major U.S. stock exchanges that pass WisdomTree Investments market capitalization, liquidity and selection requirements.

Third Place: Guggenheim S&P 500 Equal Weight [RSP]

Benchmark Index: S&P Equal Weight Index

Description: The S&P Equal Weight Index is based on the S&P 500. All index constituents are members of the S&P 500 and follow the eligibility criteria for that index. The S&P EWI is maintained in accordance with the index methodology of the S&P 500, which measures 500 leading companies in leading U.S. industries. The S&P EWI measures the performance of the same 500 companies, in equal weights. As such, sector exposures in the S&P EWI will differ.

Fourth Place: iShares Russell 1000 Growth Index [IWF]

Benchmark Index: Russell 1000 Growth Index

Description: The index measures the performance of the large capitalization growth sector of the U.S. equity market.

Closing Thoughts

I thought this would be a fun way to highlight how large Caps have done the last three years. All of the funds are known, but not well known like SPY. Compared to SPY, all the teams that made the final 4 outperformed SPY, and all four ETF's use a wide range of methodologies than SPY.

Disclaimer

Source: Large Cap U.S. ETF March Madness