Royal Bank of Canada at $208.05 becomes $1,662 at the Vanguard Total Stock Market Index Fund Institutional Select Shares AUM / Fund Size.
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Royal Bank of Canada hypothetical price = Royal Bank of Canada current price x (Vanguard Total Stock Market Index Fund Institutional Select Shares aum / fund size / Royal Bank of Canada market cap).
ETF and fund comparisons use AUM or fund size where available. Fund share counts and ETF creation/redemption mechanics mean this is a size benchmark, not a price forecast.
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It compares Royal Bank of Canada as Asset A with Vanguard Total Stock Market Index Fund Institutional Select Shares as Asset B, using Vanguard Total Stock Market Index Fund Institutional Select Shares aum / fund size as the target size.
Royal Bank of Canada hypothetical price = Royal Bank of Canada current price x (Vanguard Total Stock Market Index Fund Institutional Select Shares aum / fund size / Royal Bank of Canada market cap).
Direction matters. Royal Bank of Canada with Vanguard Total Stock Market Index Fund Institutional Select Shares' aum / fund size is different from Vanguard Total Stock Market Index Fund Institutional Select Shares with Royal Bank of Canada's market cap because the starting price, supply, shares, or size metric changes.