Vanguard Information Technology Index Fund ETF Shares at $116.37 becomes $197.80 at the Royal Bank of Canada market cap.
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Vanguard Information Technology Index Fund ETF Shares hypothetical price = Vanguard Information Technology Index Fund ETF Shares current price x (Royal Bank of Canada market cap / Vanguard Information Technology Index Fund ETF Shares aum / fund size).
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 Vanguard Information Technology Index Fund ETF Shares as Asset A with Royal Bank of Canada as Asset B, using Royal Bank of Canada market cap as the target size.
Vanguard Information Technology Index Fund ETF Shares hypothetical price = Vanguard Information Technology Index Fund ETF Shares current price x (Royal Bank of Canada market cap / Vanguard Information Technology Index Fund ETF Shares aum / fund size).
Direction matters. Vanguard Information Technology Index Fund ETF Shares with Royal Bank of Canada's market cap is different from Royal Bank of Canada with Vanguard Information Technology Index Fund ETF Shares' aum / fund size because the starting price, supply, shares, or size metric changes.