Is the Vanguard Morningstar Total Stock Market ETF Still the Best Long-Term Core Holding for Most Investors?

The article argues that the Vanguard Morningstar Total Stock Market ETF (VTI), which holds 3,531 U.S. stocks across all market caps, remains a superior long-term core holding compared to S&P 500 ETFs. While VTI has underperformed the S&P 500 over the past decade, it outperformed in the past year. The author advocates for owning the entire U.S. stock market rather than just the 500 largest companies to capture potential gains from mid-cap and small-cap stocks.