BND vs. TOTL ETF Comparison

Comparison of Vanguard Total Bond Market ETF (BND) to SPDR DoubleLine Total Return Tactical ETF (TOTL)

BND

Vanguard Total Bond Market ETF

BND Description

The investment seeks the performance of a broad, market-weighted bond index. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Aggregate Float Adjusted Index. This Index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. 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

$74.15

Average Daily Volume

5,743,135

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

TOTL

SPDR DoubleLine Total Return Tactical ETF

TOTL Description

The investment seeks to maximize total return. Under normal circumstances, the fund invests substantially all of its assets in the State Street DoubleLine Total Return Tactical Portfolio (the "Portfolio"), a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, it invests indirectly through the Portfolio. Under normal circumstances, DoubleLine Capital LP (the "Sub-Adviser" or "DoubleLine") will invest at least 80% of the Portfolio&#39;s net assets in a portfolio of fixed income securities of any credit quality. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.89

Average Daily Volume

354,291

Number of Holdings ^*

224

* may have additional holdings in another (foreign) market

Performance

Period	BND	TOTL
30 Days	-0.55%	-0.42%
60 Days	0.34%	0.16%
90 Days	3.35%	3.93%
12 Months	11.27%	11.97%

78 Overlapping Holdings

Symbol	Grade	Weight in BND	Weight in TOTL	Overlap
AAL	D	0.01%	0.0%	0.0%
ABBV	C	0.01%	0.06%	0.01%
AEP	C	0.01%	0.04%	0.01%
AES	C	0.01%	0.01%	0.01%
AL	D	0.01%	0.06%	0.01%
AMGN	D	0.01%	0.06%	0.01%
ARE	D	0.01%	0.08%	0.01%
ARW	C	0.01%	0.06%	0.01%
AVGO	B	0.01%	0.06%	0.01%
BA	F	0.01%	0.06%	0.01%
BAC	B	0.01%	0.01%	0.01%
BERY	C	0.01%	0.06%	0.01%
BG	F	0.01%	0.06%	0.01%
BHF	D	0.01%	0.02%	0.01%
BIDU	C	0.01%	0.01%	0.01%
BNS	C	0.01%	0.01%	0.01%
BRO	A	0.01%	0.04%	0.01%
BXP	B	0.01%	0.1%	0.01%
C	B	0.01%	0.12%	0.01%
CARR	A	0.01%	0.03%	0.01%
CCI	D	0.01%	0.06%	0.01%
CHTR	D	0.01%	0.01%	0.01%
CI	D	0.01%	0.06%	0.01%
CMCSA	B	0.01%	0.06%	0.01%
CSX	D	0.01%	0.06%	0.01%
DAL	C	0.01%	0.01%	0.01%
DD	C	0.01%	0.03%	0.01%
DELL	C	0.01%	0.06%	0.01%
DFS	A	0.01%	0.06%	0.01%
DG	F	0.01%	0.06%	0.01%
DLTR	F	0.01%	0.06%	0.01%
DUK	C	0.01%	0.09%	0.01%
EPD	A	0.01%	0.06%	0.01%
ET	A	0.01%	0.03%	0.01%
EXC	C	0.01%	0.0%	0.0%
EXPE	B	0.01%	0.08%	0.01%
FDX	F	0.01%	0.03%	0.01%
FE	C	0.01%	0.03%	0.01%
GE	B	0.01%	0.03%	0.01%
GM	D	0.01%	0.03%	0.01%
GP	D	0.01%	0.05%	0.01%
GS	B	0.01%	0.12%	0.01%
HAL	D	0.01%	0.03%	0.01%
HCA	C	0.01%	0.03%	0.01%
HD	A	0.01%	0.05%	0.01%
JPM	C	0.01%	0.1%	0.01%
MAR	A	0.01%	0.06%	0.01%
MPLX	B	0.01%	0.03%	0.01%
MS	A	0.01%	0.12%	0.01%
MUFG	D	0.01%	0.06%	0.01%
NEE	C	0.01%	0.06%	0.01%
NTAP	D	0.01%	0.03%	0.01%
OMC	C	0.01%	0.06%	0.01%
ORCL	A	0.01%	0.06%	0.01%
PCG	C	0.01%	0.02%	0.01%
PWR	A	0.01%	0.06%	0.01%
RPRX	D	0.01%	0.07%	0.01%
RY	C	0.01%	0.17%	0.01%
SLG	C	0.01%	0.06%	0.01%
SO	A	0.01%	0.06%	0.01%
STZ	D	0.01%	0.01%	0.01%
SYY	D	0.01%	0.03%	0.01%
T	B	0.01%	0.02%	0.01%
TMO	D	0.01%	0.12%	0.01%
TMUS	A	0.01%	0.01%	0.01%
TXT	F	0.01%	0.09%	0.01%
UAL	A	0.01%	0.0%	0.0%
VLO	F	0.01%	0.04%	0.01%
VNO	B	0.01%	0.02%	0.01%
VNT	F	0.01%	0.06%	0.01%
VOYA	A	0.01%	0.03%	0.01%
VTRS	D	0.01%	0.02%	0.01%
VZ	C	0.01%	0.1%	0.01%
WELL	C	0.01%	0.06%	0.01%
WFC	B	0.01%	0.06%	0.01%
WMB	A	0.01%	0.04%	0.01%
WTRG	D	0.01%	0.06%	0.01%
XOM	A	0.01%	0.04%	0.01%

BND Overweight 467 Positions Relative to TOTL

Symbol	Grade	Weight
WIT	C	0.09%
LXP	D	0.01%
LVS	B	0.01%
NKE	D	0.01%
MMC	D	0.01%
PAA	B	0.01%
NFG	A	0.01%
LRCX	D	0.01%
OSK	F	0.01%
NEM	C	0.01%
MKL	B	0.01%
MKC	C	0.01%
ORLY	A	0.01%
ORI	A	0.01%
LNT	B	0.01%
LMT	A	0.01%
LLY	D	0.01%
OCSL	D	0.01%
OC	C	0.01%
NYC	D	0.01%
NWE	C	0.01%
NVR	C	0.01%
NVDA	B	0.01%
MSI	A	0.01%
MCY	B	0.01%
NTRS	B	0.01%
MCK	F	0.01%
MCD	A	0.01%
PDM	C	0.01%
NSC	C	0.01%
GSBD	D	0.01%
ITW	C	0.01%
HUN	B	0.01%
HUBB	A	0.01%
HSY	D	0.01%
GPN	F	0.01%
HRB	C	0.01%
HPP	F	0.01%
HON	C	0.01%
JNPR	C	0.01%
JNJ	D	0.01%
IPG	D	0.01%
IP	C	0.01%
INVH	D	0.01%
INGR	B	0.01%
HII	F	0.01%
ILMN	B	0.01%
HBAN	B	0.01%
JBLU	B	0.01%
JBL	C	0.01%
JBHT	D	0.01%
GWW	B	0.01%
ICE	A	0.01%
EQIX	C	0.01%
EOG	B	0.01%
EMR	B	0.01%
EMN	C	0.01%
FTV	C	0.01%
EIX	C	0.01%
FSK	A	0.01%
CAH	B	0.01%
CAF	A	0.01%
BWA	C	0.01%
BR	B	0.01%
AMAT	C	0.01%
CPB	D	0.01%
CP	C	0.01%
COST	C	0.01%
COO	C	0.01%
A	B	0.01%
THG	A	0.01%
TEL	D	0.01%
SYK	C	0.01%
ZTS	C	0.01%
ZION	D	0.01%
ZBH	F	0.01%
TRMB	B	0.01%
TME	B	0.01%
PKG	B	0.01%
PHM	C	0.01%
PGR	B	0.01%
NOW	B	0.01%
NOV	F	0.01%
NNN	C	0.01%
OKE	A	0.01%
OHI	C	0.01%
OGS	C	0.01%
OGE	C	0.01%
LHX	A	0.01%
LH	D	0.01%
O	C	0.01%
LEA	F	0.01%
LDOS	A	0.01%
MPC	D	0.01%
KEY	B	0.01%
KDP	C	0.01%
IVZ	A	0.01%
GLW	C	0.01%
GLPI	C	0.01%
JLL	C	0.01%
GL	C	0.01%
JHG	A	0.01%
JEF	A	0.01%
JD	A	0.01%
L	C	0.01%
JCI	C	0.01%
KMT	C	0.01%
KMPR	D	0.01%
KMB	D	0.01%
GBDC	B	0.01%
UNM	A	0.01%
WEC	B	0.01%
WB	B	0.01%
UBS	B	0.01%
TXN	C	0.01%
VTR	C	0.01%
TSN	D	0.01%
SYF	A	0.01%
SWK	C	0.01%
VRSN	C	0.01%
VRSK	D	0.01%
STLD	C	0.01%
XEL	C	0.01%
WTFC	B	0.01%
WPC	C	0.01%
R	C	0.01%
SKT	A	0.01%
SITC	D	0.01%
RS	D	0.01%
PYPL	A	0.01%
RPM	A	0.01%
ROST	D	0.01%
PSX	D	0.01%
RL	B	0.01%
RIV	A	0.01%
PFG	A	0.01%
SCS	D	0.01%
SCHW	D	0.01%
RGA	B	0.01%
REXR	D	0.01%
SBUX	B	0.01%
SAVE	F	0.01%
REGN	D	0.01%
SPGI	C	0.01%
SPG	A	0.01%
SAFE	C	0.01%
EG	A	0.01%
PPG	D	0.01%
SON	D	0.01%
SNX	C	0.01%
SNV	D	0.01%
MOS	F	0.01%
MAS	C	0.01%
PCAR	D	0.01%
MA	A	0.01%
LYB	B	0.01%
MMM	C	0.01%
NHI	C	0.01%
NEU	F	0.01%
MLM	F	0.01%
OTIS	A	0.01%
LOW	C	0.01%
NDAQ	C	0.01%
LNC	B	0.01%
MHK	C	0.01%
LIN	C	0.01%
NYCB	D	0.01%
NXPI	F	0.01%
MU	D	0.01%
HSBC	A	0.01%
MTB	A	0.01%
MDLZ	D	0.01%
NVT	C	0.01%
MCO	D	0.01%
NUE	D	0.01%
MCHP	F	0.01%
HUM	F	0.01%
HST	D	0.01%
GPC	D	0.01%
HRL	F	0.01%
HR	D	0.01%
GOOGL	B	0.01%
HPQ	B	0.01%
HP	D	0.01%
HOG	D	0.01%
INTU	F	0.01%
HIW	C	0.01%
HIG	A	0.01%
HES	D	0.01%
IFF	D	0.01%
IEX	D	0.01%
HAS	A	0.01%
H	B	0.01%
GXO	D	0.01%
ESS	D	0.01%
ESGR	C	0.01%
ES	D	0.01%
EQR	C	0.01%
EQH	B	0.01%
EPRT	C	0.01%
EPR	C	0.01%
FTNT	A	0.01%
FRT	D	0.01%
FNF	C	0.01%
EW	F	0.01%
EVRG	C	0.01%
ETR	A	0.01%
ETN	B	0.01%
CAG	D	0.01%
BSX	A	0.01%
BRX	C	0.01%
AAT	C	0.01%
AAP	F	0.01%
CAT	A	0.01%
PEG	A	0.01%
PECO	C	0.01%
DOC	C	0.01%
DHR	D	0.01%
DHI	C	0.01%
EL	D	0.01%
EFX	D	0.01%
EE	B	0.01%
EA	D	0.01%
DXC	C	0.01%
CTS	B	0.01%
DTE	B	0.01%
CSL	A	0.01%
FMC	C	0.01%
FLS	A	0.01%
FLO	D	0.01%
DOX	B	0.01%
FIS	A	0.01%
BC	C	0.01%
BBY	C	0.01%
ALLE	A	0.01%
ALL	A	0.01%
COE	D	0.01%
BAX	D	0.01%
AIZ	B	0.01%
CNO	B	0.01%
AZO	D	0.01%
CNA	D	0.01%
CMI	A	0.01%
AXS	A	0.01%
AWK	D	0.01%
AVT	B	0.01%
CME	A	0.01%
CMA	C	0.01%
CLX	C	0.01%
AVB	C	0.01%
AGR	C	0.01%
AGO	B	0.01%
ATO	A	0.01%
CL	D	0.01%
CINF	A	0.01%
AEE	A	0.01%
ADP	A	0.01%
ADM	F	0.01%
CHRW	C	0.01%
CHH	A	0.01%
CHD	D	0.01%
BMO	B	0.01%
ADC	C	0.01%
ACGL	A	0.01%
CF	A	0.01%
BKNG	B	0.01%
ARCC	A	0.01%
CE	D	0.01%
CDNS	D	0.01%
AON	A	0.01%
CRM	B	0.01%
CBT	B	0.01%
CBOE	B	0.01%
BEN	F	0.01%
AN	D	0.01%
AMP	A	0.01%
CACC	F	0.01%
CPT	C	0.01%
BDN	B	0.01%
BCSF	A	0.01%
AMH	D	0.01%
AMG	B	0.01%
TGT	C	0.01%
TDY	A	0.01%
TAP	D	0.01%
TRV	B	0.01%
XYL	C	0.01%
XRAY	D	0.01%
TKR	B	0.01%
TJX	D	0.01%
PH	A	0.01%
PG	D	0.01%
OPI	F	0.01%
LII	C	0.01%
LEN	C	0.01%
LEG	D	0.01%
LAZ	C	0.01%
MRVL	C	0.01%
MRO	B	0.01%
MP	C	0.01%
KIM	C	0.01%
KEYS	B	0.01%
KEX	C	0.01%
K	B	0.01%
GIS	C	0.01%
KSS	D	0.01%
KRG	C	0.01%
KRC	C	0.01%
KR	C	0.01%
KOF	D	0.01%
KMI	A	0.01%
KLAC	B	0.01%
GD	C	0.01%
UPS	D	0.01%
UNP	F	0.01%
UHS	D	0.01%
UDR	C	0.01%
WBS	D	0.01%
WBA	F	0.01%
WAB	A	0.01%
TT	A	0.01%
TSLX	B	0.01%
TSCO	A	0.01%
SWX	C	0.01%
SWKS	F	0.01%
VMI	B	0.01%
SUI	D	0.01%
STT	A	0.01%
VMC	D	0.01%
STLA	F	0.01%
STE	D	0.01%
WY	C	0.01%
WU	D	0.01%
WRB	C	0.01%
VFC	A	0.01%
WM	B	0.01%
WLK	C	0.01%
WHR	C	0.01%
PNW	C	0.01%
SNA	C	0.01%
RYN	C	0.01%
PNR	C	0.01%
QRVO	F	0.01%
PM	D	0.01%
PLD	D	0.01%
SLB	D	0.01%
SJM	D	0.01%
RSG	D	0.01%
QCOM	D	0.01%
SIGI	D	0.01%
ROP	D	0.01%
ROK	D	0.01%
RNR	A	0.01%
SF	A	0.01%
RJF	B	0.01%
PSEC	C	0.01%
PSA	C	0.01%
RF	B	0.01%
SBRA	C	0.01%
REG	C	0.01%
PRE	D	0.01%
PPL	C	0.01%
MAIN	A	0.01%
MAA	D	0.01%
NOC	B	0.01%
MRK	F	0.01%
USB	C	0.01%
UNH	B	0.01%
SHW	C	0.01%
SCCO	B	0.01%
BHP	B	0.01%
BDX	C	0.01%
DIS	D	0.01%
DB	A	0.01%
EDC	A	0.01%
COF	A	0.01%
MO	D	0.01%
MET	A	0.01%
GSK	F	0.01%
GILD	A	0.01%
KO	C	0.01%
SRE	C	0.01%
WMT	A	0.01%
PNC	C	0.01%
PFE	D	0.01%
PRU	B	0.01%
AIG	C	0.01%
CFG	C	0.01%
COP	D	0.01%
TFC	D	0.01%
HPE	B	0.01%
EQNR	D	0.01%
FOXA	B	0.01%
CB	A	0.01%
PEP	F	0.01%
DLR	C	0.01%
D	A	0.01%
CSCO	A	0.01%
FITB	C	0.01%
ALLY	F	0.01%
BABA	A	0.01%
LUV	B	0.01%
NI	A	0.01%
MDT	C	0.01%
VOD	D	0.01%
RTX	A	0.01%
AZN	D	0.01%
IBM	A	0.01%
DT	B	0.01%
NWG	B	0.01%
BMY	A	0.01%
ABT	C	0.01%
AMZN	C	0.01%
AAPL	C	0.01%
INTC	D	0.01%
AXP	A	0.01%
V	B	0.01%
TD	B	0.01%
CVS	D	0.01%
MSFT	D	0.01%
FHN	D	0.01%
DGX	D	0.01%
DE	C	0.01%
ED	C	0.01%
ECL	C	0.01%
EBAY	A	0.01%
CVX	B	0.01%
CUBE	C	0.01%
DVN	F	0.01%
CTVA	A	0.01%
FANG	D	0.01%
CTAS	C	0.01%
FAF	C	0.01%
FLEX	B	0.01%
EXR	D	0.01%
DRI	C	0.01%
DOW	B	0.01%
DOV	C	0.01%
DSS	F	0.01%
COKE	C	0.01%
ALB	D	0.01%
AJG	C	0.01%
CNP	B	0.01%
CNH	C	0.01%
AYI	A	0.01%
CMS	A	0.01%
AWH	F	0.01%
AVY	D	0.01%
CM	C	0.01%
AVA	D	0.01%
AFL	A	0.01%
AFG	A	0.01%
AER	C	0.01%
ADSK	B	0.01%
ADI	B	0.01%
CHI	B	0.01%
ADBE	F	0.01%
BLK	A	0.01%
BKH	C	0.01%
BK	A	0.01%
BIIB	F	0.01%
APTV	D	0.01%
APO	A	0.01%
APH	D	0.01%
APD	C	0.01%
AMT	D	0.01%
AMCR	C	0.01%

BND Underweight 146 Positions Relative to TOTL

Symbol	Grade	Weight
FNA	F	-0.4%
LMAT	A	-0.28%
GOOD	A	-0.11%
ACR	C	-0.1%
GTE	F	-0.08%
UPST	C	-0.07%
FR	D	-0.06%
S	C	-0.05%
CHT	C	-0.04%
SEM	D	-0.03%
USAC	D	-0.03%
GFF	C	-0.03%
BCC	C	-0.03%
VSAT	F	-0.02%
PPC	C	-0.02%
EQT	C	-0.02%
GOGO	F	-0.02%
PFSI	C	-0.02%
KAR	F	-0.02%
MATV	F	-0.02%
FTAI	A	-0.02%
CRI	D	-0.02%
SXC	F	-0.02%
SAH	D	-0.02%
OVV	D	-0.02%
NRG	A	-0.02%
DNB	D	-0.02%
RDNT	C	-0.02%
SLGN	B	-0.02%
WOOF	B	-0.02%
BYD	B	-0.02%
OGN	F	-0.02%
BALY	B	-0.02%
JELD	D	-0.02%
AXL	F	-0.02%
KHC	F	-0.02%
MSC	B	-0.02%
CLH	B	-0.01%
TSQ	F	-0.01%
BTU	B	-0.01%
CVNA	A	-0.01%
BECN	D	-0.01%
VVI	B	-0.01%
FLL	F	-0.01%
SKIL	C	-0.01%
STX	C	-0.01%
PLYA	D	-0.01%
EAF	C	-0.01%
GPI	C	-0.01%
CNX	A	-0.01%
RH	C	-0.01%
SLCA	B	-0.01%
BGS	D	-0.01%
WFRD	F	-0.01%
UAN	F	-0.01%
IRM	B	-0.01%
SBGI	A	-0.01%
MODV	F	-0.01%
TGI	F	-0.01%
NAVI	D	-0.01%
PK	D	-0.01%
MUSA	D	-0.01%
NBR	D	-0.01%
AM	A	-0.01%
DVA	C	-0.01%
NXST	D	-0.01%
INFA	D	-0.01%
ATKR	F	-0.01%
GDEN	D	-0.01%
UNIT	B	-0.01%
SPH	D	-0.01%
AR	C	-0.01%
CTLT	A	-0.01%
MHO	C	-0.01%
VNOM	A	-0.01%
APA	F	-0.01%
CCS	C	-0.01%
WMS	D	-0.01%
WH	C	-0.01%
SPB	C	-0.01%
LUMN	C	-0.01%
EBS	D	-0.01%
YUM	C	-0.01%
CNSL	A	-0.01%
GPOR	B	-0.01%
COTY	F	-0.01%
BLDR	C	-0.01%
NEXA	B	-0.01%
GLT	C	-0.01%
GT	F	-0.01%
WES	B	-0.01%
SWN	D	-0.01%
XHR	A	-0.01%
CHK	C	-0.01%
FUN	F	-0.01%
SSP	F	-0.01%
IBP	C	-0.01%
SMG	C	-0.01%
NFLX	A	-0.01%
CYH	C	-0.01%
PFGC	A	-0.01%
APG	F	-0.01%
MGM	D	-0.01%
UNFI	C	-0.01%
SIRI	C	-0.01%
UBER	C	-0.01%
NCLH	C	-0.01%
JAZZ	F	-0.01%
PENN	D	-0.01%
VSCO	C	-0.01%
NGL	D	-0.01%
THC	D	-0.01%
IEP	F	-0.01%
OXY	D	-0.01%
LYV	A	-0.01%
CNC	F	-0.01%
COMM	C	-0.01%
KSA	D	-0.01%
TRTX	D	-0.01%
F	D	-0.01%
BX	C	-0.01%
GNR	B	-0.01%
HLT	A	-0.0%
CMCO	D	-0.0%
VICI	C	-0.0%
TROX	D	-0.0%
WD	C	-0.0%
UCTT	D	-0.0%
ICLR	F	-0.0%
CCO	C	-0.0%
IHRT	C	-0.0%
SUN	D	-0.0%
DAN	D	-0.0%
URI	C	-0.0%
OMF	D	-0.0%
FYBR	C	-0.0%
CZR	B	-0.0%
EHC	C	-0.0%
EVRI	A	-0.0%
OPCH	F	-0.0%
POST	C	-0.0%
CCL	C	-0.0%
RIG	F	-0.0%
TDG	A	-0.0%
HESM	C	-0.0%
FN	B	-0.0%