BIV vs. VCEB ETF Comparison

Comparison of Vanguard Intermediate-Term Bond ETF (BIV) to Vanguard ESG U.S. Corporate Bond ETF (VCEB)

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$75.36

Average Daily Volume

1,237,116

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

VCEB

Vanguard ESG U.S. Corporate Bond ETF

VCEB Description

The investment seeks to track the performance of the Bloomberg Barclays MSCI US Corporate SRI Select Index (the ?index?). The index excludes bonds with maturities of 1 year or less and with less than $750 million outstanding, and is screened for certain environmental, social, and governance (ESG) criteria by the index provider, which is independent of Vanguard. All of the fund?s investments will be selected through the sampling process, and under normal circumstances, at least 80% of the fund?s assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$62.67

Average Daily Volume

37,180

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	BIV	VCEB
30 Days	-1.05%	-0.53%
60 Days	-3.46%	-2.92%
90 Days	-2.38%	-1.82%
12 Months	6.28%	7.35%

228 Overlapping Holdings

Symbol	Grade	Weight in BIV	Weight in VCEB	Overlap
A	D	0.01%	0.02%	0.01%
AAPL	C	0.01%	0.01%	0.01%
ABBV	F	0.05%	0.03%	0.03%
ABT	B	0.01%	0.03%	0.01%
ACGL	C	0.01%	0.03%	0.01%
ADBE	C	0.02%	0.01%	0.01%
ADI	D	0.02%	0.01%	0.01%
ADM	D	0.02%	0.02%	0.02%
ADP	A	0.02%	0.03%	0.02%
AER	A	0.01%	0.01%	0.01%
AFL	B	0.01%	0.05%	0.01%
AIG	B	0.01%	0.01%	0.01%
AL	B	0.01%	0.01%	0.01%
AMAT	F	0.01%	0.01%	0.01%
AMGN	F	0.01%	0.01%	0.01%
AMT	C	0.01%	0.01%	0.01%
AMZN	C	0.02%	0.01%	0.01%
AON	A	0.01%	0.01%	0.01%
APD	A	0.01%	0.02%	0.01%
APH	A	0.01%	0.02%	0.01%
ARE	F	0.01%	0.01%	0.01%
AVGO	D	0.01%	0.02%	0.01%
AWK	C	0.01%	0.02%	0.01%
AXP	A	0.05%	0.01%	0.01%
AZN	F	0.01%	0.02%	0.01%
AZO	C	0.01%	0.04%	0.01%
BABA	D	0.03%	0.02%	0.02%
BAC	A	0.01%	0.02%	0.01%
BAX	F	0.01%	0.02%	0.01%
BDX	F	0.01%	0.03%	0.01%
BEN	C	0.01%	0.02%	0.01%
BERY	C	0.01%	0.01%	0.01%
BG	D	0.01%	0.03%	0.01%
BHF	C	0.01%	0.03%	0.01%
BIIB	F	0.04%	0.01%	0.01%
BK	A	0.01%	0.01%	0.01%
BKNG	A	0.01%	0.02%	0.01%
BLK	B	0.01%	0.02%	0.01%
BMO	A	0.03%	0.01%	0.01%
BMY	B	0.01%	0.03%	0.01%
BNS	A	0.01%	0.01%	0.01%
BR	A	0.02%	0.02%	0.02%
BRX	A	0.01%	0.01%	0.01%
BSX	A	0.02%	0.01%	0.01%
BWA	D	0.03%	0.03%	0.03%
BXP	C	0.01%	0.01%	0.01%
C	A	0.01%	0.01%	0.01%
CAG	F	0.02%	0.01%	0.01%
CAH	B	0.03%	0.02%	0.02%
CARR	C	0.02%	0.02%	0.02%
CAT	B	0.01%	0.01%	0.01%
CB	C	0.03%	0.01%	0.01%
CCI	C	0.01%	0.01%	0.01%
CFG	B	0.01%	0.03%	0.01%
CHTR	C	0.02%	0.02%	0.02%
CI	D	0.01%	0.01%	0.01%
CMA	B	0.01%	0.03%	0.01%
CMCSA	B	0.01%	0.01%	0.01%
CME	B	0.01%	0.02%	0.01%
CMI	A	0.01%	0.02%	0.01%
COF	C	0.01%	0.01%	0.01%
CPB	D	0.02%	0.02%	0.02%
CPT	B	0.01%	0.04%	0.01%
CRM	B	0.02%	0.02%	0.02%
CSL	C	0.01%	0.02%	0.01%
CTAS	B	0.02%	0.04%	0.02%
CVS	D	0.01%	0.01%	0.01%
DB	C	0.01%	0.02%	0.01%
DD	C	0.05%	0.06%	0.05%
DE	B	0.01%	0.02%	0.01%
DELL	B	0.01%	0.01%	0.01%
DFS	B	0.02%	0.01%	0.01%
DG	F	0.01%	0.03%	0.01%
DGX	A	0.01%	0.03%	0.01%
DHR	F	0.01%	0.01%	0.01%
DIS	B	0.01%	0.01%	0.01%
DLR	B	0.02%	0.01%	0.01%
DLTR	F	0.03%	0.02%	0.02%
DOC	C	0.02%	0.03%	0.02%
DOW	F	0.01%	0.01%	0.01%
DT	D	0.11%	0.19%	0.11%
EA	A	0.02%	0.01%	0.01%
EBAY	C	0.02%	0.01%	0.01%
EFX	F	0.02%	0.02%	0.02%
EMN	C	0.01%	0.02%	0.01%
EQH	C	0.01%	0.05%	0.01%
EQIX	A	0.01%	0.03%	0.01%
EQR	C	0.01%	0.03%	0.01%
ETN	A	0.02%	0.03%	0.02%
EXPE	B	0.02%	0.04%	0.02%
FDX	B	0.01%	0.01%	0.01%
FIS	C	0.01%	0.01%	0.01%
FITB	B	0.01%	0.02%	0.01%
FOXA	A	0.02%	0.01%	0.01%
GILD	C	0.01%	0.01%	0.01%
GIS	D	0.01%	0.03%	0.01%
GLPI	C	0.01%	0.01%	0.01%
GM	C	0.01%	0.01%	0.01%
GOOGL	C	0.02%	0.02%	0.02%
GPN	B	0.01%	0.01%	0.01%
GS	A	0.01%	0.01%	0.01%
GSK	F	0.02%	0.02%	0.02%
HAS	D	0.01%	0.03%	0.01%
HBAN	A	0.01%	0.02%	0.01%
HCA	F	0.02%	0.02%	0.02%
HD	B	0.01%	0.01%	0.01%
HIG	B	0.02%	0.02%	0.02%
HPQ	B	0.02%	0.01%	0.01%
HRL	D	0.01%	0.02%	0.01%
HSBC	A	0.01%	0.02%	0.01%
HST	C	0.02%	0.02%	0.02%
HUM	C	0.01%	0.01%	0.01%
HUN	F	0.01%	0.02%	0.01%
IBM	C	0.01%	0.02%	0.01%
ICE	C	0.01%	0.01%	0.01%
IFF	D	0.01%	0.03%	0.01%
INTC	C	0.01%	0.01%	0.01%
ITW	B	0.01%	0.03%	0.01%
JNJ	C	0.01%	0.01%	0.01%
JPM	A	0.01%	0.01%	0.01%
K	A	0.01%	0.03%	0.01%
KDP	F	0.01%	0.01%	0.01%
KEY	B	0.01%	0.01%	0.01%
KLAC	F	0.02%	0.01%	0.01%
KMB	C	0.01%	0.04%	0.01%
KO	D	0.01%	0.01%	0.01%
LEA	F	0.01%	0.02%	0.01%
LEN	C	0.01%	0.04%	0.01%
LH	B	0.01%	0.03%	0.01%
LLY	F	0.01%	0.03%	0.01%
LOW	C	0.01%	0.01%	0.01%
LRCX	F	0.02%	0.01%	0.01%
LUV	C	0.01%	0.01%	0.01%
MA	B	0.01%	0.03%	0.01%
MAR	A	0.01%	0.01%	0.01%
MCD	D	0.02%	0.01%	0.01%
MDLZ	F	0.01%	0.01%	0.01%
MDT	D	0.01%	0.05%	0.01%
MET	A	0.02%	0.01%	0.01%
MKC	C	0.01%	0.02%	0.01%
MLM	C	0.01%	0.02%	0.01%
MMC	B	0.02%	0.04%	0.02%
MMM	D	0.01%	0.01%	0.01%
MOS	F	0.02%	0.06%	0.02%
MRK	D	0.02%	0.01%	0.01%
MRVL	B	0.01%	0.01%	0.01%
MS	A	0.04%	0.01%	0.01%
MSFT	D	0.1%	0.01%	0.01%
MSI	B	0.01%	0.01%	0.01%
MTB	A	0.02%	0.07%	0.02%
MU	D	0.02%	0.03%	0.02%
MUFG	B	0.02%	0.01%	0.01%
NEM	D	0.02%	0.02%	0.02%
NKE	F	0.01%	0.01%	0.01%
NOW	A	0.03%	0.04%	0.03%
NTAP	C	0.01%	0.02%	0.01%
NTRS	A	0.01%	0.03%	0.01%
NVDA	B	0.03%	0.01%	0.01%
NVR	D	0.01%	0.03%	0.01%
NWG	A	0.02%	0.01%	0.01%
NXPI	D	0.01%	0.01%	0.01%
O	C	0.01%	0.02%	0.01%
OMC	C	0.01%	0.02%	0.01%
ORCL	A	0.01%	0.02%	0.01%
ORLY	B	0.01%	0.03%	0.01%
OTIS	C	0.01%	0.04%	0.01%
PEP	F	0.01%	0.01%	0.01%
PFE	F	0.01%	0.01%	0.01%
PG	C	0.01%	0.01%	0.01%
PGR	A	0.02%	0.05%	0.02%
PH	A	0.02%	0.01%	0.01%
PLD	F	0.01%	0.01%	0.01%
PNC	B	0.01%	0.01%	0.01%
PPG	F	0.01%	0.03%	0.01%
PRU	A	0.01%	0.01%	0.01%
PWR	A	0.01%	0.03%	0.01%
PYPL	B	0.02%	0.01%	0.01%
QCOM	F	0.02%	0.01%	0.01%
QRVO	F	0.02%	0.02%	0.02%
REGN	F	0.02%	0.02%	0.02%
RF	A	0.01%	0.03%	0.01%
RJF	A	0.03%	0.02%	0.02%
RL	C	0.02%	0.02%	0.02%
ROP	B	0.01%	0.03%	0.01%
RPRX	D	0.01%	0.01%	0.01%
RSG	A	0.01%	0.01%	0.01%
SBUX	A	0.01%	0.02%	0.01%
SCHW	B	0.01%	0.01%	0.01%
SHW	B	0.01%	0.02%	0.01%
SJM	D	0.01%	0.03%	0.01%
SPG	A	0.01%	0.01%	0.01%
STT	B	0.01%	0.01%	0.01%
SWK	D	0.01%	0.02%	0.01%
SYF	B	0.02%	0.03%	0.02%
SYK	B	0.02%	0.01%	0.01%
SYY	D	0.02%	0.01%	0.01%
T	A	0.01%	0.01%	0.01%
TD	D	0.01%	0.01%	0.01%
TFC	A	0.01%	0.01%	0.01%
TGT	F	0.01%	0.01%	0.01%
TJX	A	0.01%	0.07%	0.01%
TMO	F	0.01%	0.01%	0.01%
TMUS	B	0.04%	0.01%	0.01%
TSN	B	0.03%	0.01%	0.01%
TT	A	0.01%	0.02%	0.01%
TXN	C	0.01%	0.01%	0.01%
UHS	D	0.02%	0.02%	0.02%
UNH	B	0.01%	0.01%	0.01%
UPS	C	0.01%	0.01%	0.01%
USB	A	0.01%	0.01%	0.01%
V	A	0.01%	0.02%	0.01%
VFC	C	0.01%	0.02%	0.01%
VMC	B	0.01%	0.02%	0.01%
VOD	D	0.02%	0.03%	0.02%
VRSK	A	0.01%	0.04%	0.01%
VRSN	C	0.02%	0.03%	0.02%
VTR	B	0.01%	0.02%	0.01%
VTRS	B	0.02%	0.01%	0.01%
VZ	C	0.01%	0.02%	0.01%
WAB	B	0.02%	0.03%	0.02%
WB	D	0.01%	0.01%	0.01%
WBA	F	0.01%	0.02%	0.01%
WELL	A	0.01%	0.01%	0.01%
WEST	C	0.01%	0.06%	0.01%
WM	B	0.01%	0.01%	0.01%
XRAY	F	0.02%	0.02%	0.02%
ZBH	C	0.02%	0.03%	0.02%
ZTS	D	0.01%	0.01%	0.01%

BIV Overweight 256 Positions Relative to VCEB

Symbol	Grade	Weight
WIT	B	0.35%
WFC	A	0.04%
KOF	F	0.03%
SLB	C	0.03%
ESGR	B	0.03%
LVS	B	0.02%
NI	A	0.02%
LMT	D	0.02%
MRO	B	0.02%
INVH	D	0.02%
EOG	A	0.02%
LDOS	C	0.02%
HAL	C	0.02%
DAL	B	0.02%
DXC	B	0.02%
DOX	D	0.02%
BC	C	0.02%
CNO	B	0.02%
CHRW	B	0.02%
ARCC	A	0.02%
AAP	D	0.02%
AMG	B	0.02%
TEL	B	0.02%
TRMB	B	0.02%
WY	F	0.02%
GD	D	0.02%
MPLX	A	0.02%
ET	A	0.02%
NOC	D	0.02%
GE	D	0.02%
WTFC	A	0.01%
SKT	A	0.01%
RS	B	0.01%
ROST	D	0.01%
REXR	F	0.01%
SAVE	F	0.01%
GBDC	D	0.01%
ALLE	C	0.01%
AXS	A	0.01%
AVT	C	0.01%
CHD	A	0.01%
CE	F	0.01%
CBT	D	0.01%
THG	A	0.01%
UNM	A	0.01%
TME	D	0.01%
NOV	C	0.01%
NDAQ	A	0.01%
OGS	A	0.01%
L	A	0.01%
JCI	B	0.01%
KMT	B	0.01%
KMPR	A	0.01%
EPRT	B	0.01%
VNO	C	0.01%
WU	F	0.01%
TKR	D	0.01%
WLK	D	0.01%
PNW	A	0.01%
SNA	A	0.01%
RNR	C	0.01%
SF	B	0.01%
PSEC	D	0.01%
DOV	A	0.01%
AFG	A	0.01%
APTV	F	0.01%
WBS	A	0.01%
LII	A	0.01%
OCSL	F	0.01%
MCY	A	0.01%
PDM	D	0.01%
MP	C	0.01%
KRG	B	0.01%
FSK	A	0.01%
LXP	D	0.01%
OSK	C	0.01%
MKL	A	0.01%
OPI	F	0.01%
BDN	C	0.01%
AMH	C	0.01%
WEC	A	0.01%
ZION	B	0.01%
VNT	C	0.01%
WPC	C	0.01%
R	B	0.01%
SITC	D	0.01%
PKG	A	0.01%
RPM	A	0.01%
PHM	D	0.01%
PFG	D	0.01%
SCS	C	0.01%
SAFE	F	0.01%
SON	F	0.01%
SNX	D	0.01%
FMC	D	0.01%
FLS	B	0.01%
FLO	D	0.01%
EW	C	0.01%
BBY	D	0.01%
ALL	A	0.01%
AIZ	A	0.01%
AVB	B	0.01%
AGR	A	0.01%
AGO	B	0.01%
ATO	A	0.01%
CINF	A	0.01%
AEE	A	0.01%
ARW	D	0.01%
ADC	A	0.01%
BKU	A	0.01%
AAT	B	0.01%
OGE	A	0.01%
NVT	B	0.01%
MCO	B	0.01%
NUE	C	0.01%
GPC	D	0.01%
GP	F	0.01%
HR	B	0.01%
HP	C	0.01%
INTU	B	0.01%
HIW	C	0.01%
JD	D	0.01%
IEX	C	0.01%
GXO	B	0.01%
EPR	C	0.01%
DHI	F	0.01%
FTNT	C	0.01%
FRT	B	0.01%
STE	D	0.01%
WTRG	B	0.01%
RYN	D	0.01%
ROK	C	0.01%
SBRA	C	0.01%
REG	A	0.01%
PRE	D	0.01%
MAS	D	0.01%
NHI	D	0.01%
NEU	D	0.01%
MHK	D	0.01%
LIN	C	0.01%
CNH	C	0.01%
AYI	B	0.01%
BRO	B	0.01%
BKH	A	0.01%
AAL	B	0.01%
AMCR	C	0.01%
CP	F	0.01%
UDR	B	0.01%
TSCO	D	0.01%
SWX	B	0.01%
SWKS	F	0.01%
VOYA	B	0.01%
XYL	D	0.01%
KEX	B	0.01%
HUBB	B	0.01%
HSY	F	0.01%
HPP	F	0.01%
JNPR	D	0.01%
ILMN	C	0.01%
KSS	F	0.01%
KRC	B	0.01%
EIX	B	0.01%
DVN	F	0.01%
CTVA	C	0.01%
FAF	A	0.01%
EXR	C	0.01%
DRI	B	0.01%
DSS	F	0.01%
NFG	A	0.01%
OC	A	0.01%
LEG	F	0.01%
NSC	B	0.01%
KIM	A	0.01%
MAA	B	0.01%
LNT	A	0.01%
LAZ	B	0.01%
KEYS	A	0.01%
HRB	D	0.01%
IPG	D	0.01%
INGR	C	0.01%
HII	F	0.01%
JBL	C	0.01%
KR	B	0.01%
EMR	B	0.01%
ED	C	0.01%
CUBE	C	0.01%
FLEX	B	0.01%
CNP	A	0.01%
CMS	C	0.01%
AVY	F	0.01%
ADSK	A	0.01%
BIDU	F	0.01%
TXT	D	0.01%
SUI	C	0.01%
PM	B	0.01%
PSA	C	0.01%
SO	C	0.01%
NNN	C	0.01%
LNC	C	0.01%
MPC	D	0.01%
GL	C	0.01%
JEF	A	0.01%
H	B	0.01%
ESS	B	0.01%
ES	C	0.01%
EL	F	0.01%
FNF	B	0.01%
EVRG	A	0.01%
ETR	B	0.01%
CNA	C	0.01%
CLX	A	0.01%
AES	F	0.01%
CBOE	C	0.01%
AN	C	0.01%
STLD	B	0.01%
PSX	C	0.01%
RGA	A	0.01%
SPGI	C	0.01%
EQNR	C	0.01%
ECL	D	0.01%
PAA	B	0.01%
LYB	F	0.01%
OHI	C	0.01%
UNP	C	0.01%
TDY	B	0.01%
VLO	C	0.01%
WHR	B	0.01%
FANG	C	0.01%
CSX	C	0.01%
XEL	A	0.01%
SRE	A	0.01%
PEG	A	0.01%
AEP	C	0.01%
DTE	C	0.01%
STZ	D	0.01%
EPD	A	0.01%
MO	A	0.01%
OKE	A	0.01%
LHX	C	0.01%
WMB	A	0.01%
DUK	C	0.01%
EXC	C	0.01%
COP	C	0.01%
HON	C	0.01%
D	C	0.01%
CVX	A	0.01%
HES	B	0.01%
KMI	A	0.01%
WMT	A	0.01%
NEE	C	0.01%
XOM	B	0.01%
COST	A	0.01%
RTX	D	0.01%
UAL	A	0.01%
PCG	A	0.01%
BA	F	0.01%

BIV Underweight 17 Positions Relative to VCEB

Symbol	Grade	Weight
MCHP	F	-0.04%
GWW	B	-0.04%
STLA	F	-0.04%
FTV	C	-0.03%
EG	C	-0.03%
AMP	A	-0.03%
ALLY	C	-0.03%
MCK	A	-0.02%
AJG	A	-0.02%
CF	A	-0.02%
TRV	B	-0.02%
GLW	B	-0.02%
CSCO	B	-0.02%
EXP	B	-0.01%
CM	A	-0.01%
HPE	B	-0.01%
RY	A	-0.01%