QARP vs. VCEB ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to Vanguard ESG U.S. Corporate Bond ETF (VCEB)

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.29

Average Daily Volume

3,299

Number of Holdings ^*

345

* 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

$63.27

Average Daily Volume

37,148

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	QARP	VCEB
30 Days	3.81%	-0.25%
60 Days	3.83%	-2.76%
90 Days	5.70%	-1.73%
12 Months	26.96%	7.45%

111 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in VCEB	Overlap
A	D	0.09%	0.02%	0.02%
AAPL	C	4.93%	0.01%	0.01%
ABBV	D	0.02%	0.03%	0.02%
ABT	B	0.22%	0.03%	0.03%
ACGL	D	0.23%	0.03%	0.03%
ADBE	C	0.87%	0.01%	0.01%
ADI	D	0.08%	0.01%	0.01%
ADM	D	0.27%	0.02%	0.02%
ADP	B	0.21%	0.03%	0.03%
AMAT	F	0.71%	0.01%	0.01%
AMGN	D	0.03%	0.01%	0.01%
AMZN	C	3.85%	0.01%	0.01%
AON	A	0.34%	0.01%	0.01%
AZO	C	0.33%	0.04%	0.04%
BIIB	F	0.02%	0.01%	0.01%
BKNG	A	0.81%	0.02%	0.02%
BMY	B	0.62%	0.03%	0.03%
BWA	D	0.06%	0.03%	0.03%
CAH	B	0.4%	0.02%	0.02%
CAT	B	0.66%	0.01%	0.01%
CF	B	0.13%	0.02%	0.02%
CHTR	C	0.13%	0.02%	0.02%
CI	F	0.55%	0.01%	0.01%
CMCSA	B	0.86%	0.01%	0.01%
CMI	A	0.26%	0.02%	0.02%
COF	B	0.16%	0.01%	0.01%
CPB	D	0.02%	0.02%	0.02%
CSCO	B	1.97%	0.02%	0.02%
CSL	C	0.05%	0.02%	0.02%
CTAS	B	0.08%	0.04%	0.04%
CVS	D	0.19%	0.01%	0.01%
DD	D	0.02%	0.06%	0.02%
DE	A	0.25%	0.02%	0.02%
DGX	A	0.03%	0.03%	0.03%
DLTR	F	0.07%	0.02%	0.02%
DOW	F	0.07%	0.01%	0.01%
EA	A	0.21%	0.01%	0.01%
EBAY	D	0.09%	0.01%	0.01%
EG	C	0.06%	0.03%	0.03%
EXP	A	0.06%	0.01%	0.01%
EXPE	B	0.17%	0.04%	0.04%
FDX	B	0.33%	0.01%	0.01%
FOXA	B	0.03%	0.01%	0.01%
GILD	C	0.32%	0.01%	0.01%
GIS	D	0.09%	0.03%	0.03%
GLPI	C	0.03%	0.01%	0.01%
GM	B	0.24%	0.01%	0.01%
GOOGL	C	2.38%	0.02%	0.02%
GWW	B	0.28%	0.04%	0.04%
HCA	F	0.26%	0.02%	0.02%
HD	A	1.98%	0.01%	0.01%
HPQ	B	0.08%	0.01%	0.01%
HST	C	0.03%	0.02%	0.02%
HUM	C	0.32%	0.01%	0.01%
INTC	D	0.08%	0.01%	0.01%
ITW	B	0.31%	0.03%	0.03%
JNJ	D	2.35%	0.01%	0.01%
K	A	0.06%	0.03%	0.03%
KLAC	D	0.16%	0.01%	0.01%
KMB	D	0.16%	0.04%	0.04%
LEA	D	0.04%	0.02%	0.02%
LEN	D	0.4%	0.04%	0.04%
LH	C	0.07%	0.03%	0.03%
LLY	F	0.03%	0.03%	0.03%
LOW	D	0.77%	0.01%	0.01%
LRCX	F	0.42%	0.01%	0.01%
LUV	C	0.1%	0.01%	0.01%
MA	C	1.57%	0.03%	0.03%
MAR	B	0.12%	0.01%	0.01%
MCD	D	0.38%	0.01%	0.01%
MCHP	D	0.04%	0.04%	0.04%
MCK	B	1.18%	0.02%	0.02%
MMC	B	0.56%	0.04%	0.04%
MMM	D	0.11%	0.01%	0.01%
MOS	F	0.04%	0.06%	0.04%
MRK	F	0.32%	0.01%	0.01%
MSFT	F	2.01%	0.01%	0.01%
MU	D	0.35%	0.03%	0.03%
NKE	D	0.31%	0.01%	0.01%
NTAP	C	0.07%	0.02%	0.02%
NVDA	C	0.18%	0.01%	0.01%
NVR	D	0.23%	0.03%	0.03%
ORCL	B	0.05%	0.02%	0.02%
ORLY	B	0.37%	0.03%	0.03%
OTIS	C	0.04%	0.04%	0.04%
PFE	D	0.47%	0.01%	0.01%
PG	A	1.38%	0.01%	0.01%
PGR	A	0.06%	0.05%	0.05%
PWR	A	0.06%	0.03%	0.03%
PYPL	B	0.34%	0.01%	0.01%
QCOM	F	0.25%	0.01%	0.01%
REGN	F	0.25%	0.02%	0.02%
RL	B	0.05%	0.02%	0.02%
RPRX	D	0.03%	0.01%	0.01%
SBUX	A	0.51%	0.02%	0.02%
SJM	D	0.03%	0.03%	0.03%
SPG	B	0.2%	0.01%	0.01%
SYF	B	0.14%	0.03%	0.03%
SYY	B	0.33%	0.01%	0.01%
T	A	0.72%	0.01%	0.01%
TGT	F	0.32%	0.01%	0.01%
TJX	A	0.82%	0.07%	0.07%
TSN	B	0.04%	0.01%	0.01%
TT	A	0.08%	0.02%	0.02%
TXN	C	0.36%	0.01%	0.01%
UHS	D	0.05%	0.02%	0.02%
UNH	C	2.36%	0.01%	0.01%
UPS	C	0.4%	0.01%	0.01%
V	A	1.84%	0.02%	0.02%
VRSN	F	0.06%	0.03%	0.03%
VZ	C	0.67%	0.02%	0.02%

QARP Overweight 234 Positions Relative to VCEB

Symbol	Grade	Weight
BRK.A	B	5.26%
META	D	5.09%
XOM	B	3.2%
WMT	A	3.0%
COST	B	2.35%
GOOG	C	2.15%
CVX	A	1.54%
ACN	C	1.17%
TSLA	B	0.83%
COP	C	0.78%
LMT	D	0.71%
MO	A	0.64%
PM	B	0.56%
EOG	A	0.51%
ELV	F	0.46%
COR	B	0.4%
NUE	C	0.37%
MCO	B	0.33%
DHI	D	0.31%
PSA	D	0.31%
CTSH	B	0.29%
KR	B	0.29%
MPC	D	0.26%
STLD	B	0.25%
TROW	B	0.25%
ROST	C	0.25%
CNC	D	0.24%
PCAR	B	0.23%
VST	B	0.23%
ABNB	C	0.23%
CL	D	0.22%
FTNT	C	0.22%
FAST	B	0.22%
MSCI	C	0.22%
DAL	C	0.22%
BBY	D	0.22%
URI	B	0.22%
GEV	B	0.21%
PHM	D	0.21%
WSM	B	0.21%
KVUE	A	0.21%
LPLA	A	0.2%
VRTX	F	0.2%
FANG	D	0.19%
PAYX	C	0.19%
ISRG	A	0.18%
VLO	C	0.18%
ODFL	B	0.18%
RS	B	0.17%
LULU	C	0.17%
EME	C	0.16%
BLDR	D	0.16%
DVN	F	0.16%
FCNCA	A	0.15%
GRMN	B	0.15%
TSCO	D	0.15%
ULTA	F	0.14%
GEHC	F	0.14%
SLB	C	0.14%
MNST	C	0.14%
DRI	B	0.13%
CASY	A	0.13%
DECK	A	0.13%
ANET	C	0.13%
OC	A	0.13%
EXPD	D	0.13%
CTRA	B	0.12%
TPR	B	0.12%
UNP	C	0.12%
PSX	C	0.12%
SNA	A	0.12%
KEYS	A	0.12%
CMG	B	0.11%
BJ	A	0.11%
UAL	A	0.11%
MTG	C	0.11%
EVR	B	0.11%
MRO	B	0.11%
CPNG	D	0.1%
FDS	B	0.1%
UTHR	C	0.1%
BKR	B	0.1%
SOLV	C	0.1%
MTD	D	0.09%
LYV	A	0.09%
LYB	F	0.09%
DKS	C	0.09%
AMG	B	0.09%
ROK	B	0.09%
CINF	A	0.09%
CBRE	B	0.09%
ATO	A	0.08%
VICI	C	0.08%
CBOE	B	0.08%
LNG	B	0.08%
FICO	B	0.08%
SWKS	F	0.08%
HRB	D	0.08%
WY	D	0.08%
WSO	A	0.08%
WST	C	0.08%
PFGC	B	0.08%
HSY	F	0.08%
DOX	D	0.07%
CLX	B	0.07%
GPC	D	0.07%
CPRT	A	0.07%
GGG	B	0.07%
RHI	B	0.07%
SPGI	C	0.07%
SEIC	B	0.07%
AMD	F	0.07%
MAS	D	0.07%
TOL	B	0.07%
AYI	B	0.07%
RNR	C	0.06%
ACI	C	0.06%
AGCO	D	0.06%
TXRH	C	0.06%
TXT	D	0.06%
SKX	D	0.06%
MOH	F	0.06%
OXY	D	0.06%
EW	C	0.06%
FFIV	B	0.06%
PKG	A	0.06%
JBL	B	0.06%
INCY	C	0.06%
COIN	C	0.06%
AOS	F	0.06%
POOL	C	0.06%
BX	A	0.06%
CHRW	C	0.06%
HAL	C	0.06%
ADSK	A	0.06%
CSX	B	0.06%
ALK	C	0.05%
LVS	C	0.05%
BLD	D	0.05%
MRNA	F	0.05%
IP	B	0.05%
JKHY	D	0.05%
APTV	D	0.05%
LSTR	D	0.05%
JBHT	C	0.05%
CCL	B	0.05%
ITT	A	0.05%
ALGN	D	0.05%
FIX	A	0.05%
SAIA	B	0.05%
CLF	F	0.05%
MGM	D	0.05%
MKTX	D	0.05%
YUM	B	0.05%
MUSA	A	0.05%
OSK	B	0.04%
NYT	C	0.04%
X	C	0.04%
AAL	B	0.04%
ACM	A	0.04%
CHE	D	0.04%
ROL	B	0.04%
FCX	D	0.04%
USFD	A	0.04%
KNSL	B	0.04%
LPX	B	0.04%
ARMK	B	0.04%
WYNN	D	0.04%
ALSN	B	0.04%
CNP	B	0.04%
PAYC	B	0.04%
GNTX	C	0.04%
COKE	C	0.04%
EPAM	C	0.04%
LECO	B	0.04%
CNM	D	0.04%
BURL	A	0.04%
FND	C	0.04%
CHRD	D	0.04%
DBX	B	0.04%
ON	D	0.04%
INGR	B	0.04%
DCI	B	0.04%
WBD	C	0.04%
HOLX	D	0.04%
HLI	B	0.04%
OLN	D	0.03%
WAT	B	0.03%
PINC	B	0.03%
MTZ	B	0.03%
FCN	D	0.03%
RLI	B	0.03%
G	B	0.03%
MSM	C	0.03%
WTW	B	0.03%
PVH	C	0.03%
KNX	B	0.03%
THO	B	0.03%
VVV	F	0.03%
TER	D	0.03%
GAP	C	0.03%
DPZ	C	0.03%
LOPE	B	0.03%
OVV	B	0.03%
JHG	A	0.03%
MEDP	D	0.03%
LAMR	D	0.03%
JNPR	F	0.03%
TAP	C	0.03%
J	F	0.03%
EXEL	B	0.03%
AMCR	D	0.03%
BBWI	D	0.02%
DINO	D	0.02%
CDW	F	0.02%
NEU	C	0.02%
HII	D	0.02%
FIVE	F	0.02%
CDNS	B	0.02%
CE	F	0.02%
AR	B	0.02%
TTEK	F	0.02%
APA	D	0.02%
M	D	0.02%
LKQ	D	0.02%
MHK	D	0.02%
CTVA	C	0.02%
EL	F	0.02%
CROX	D	0.02%
ALB	C	0.02%
SSD	D	0.02%
PII	D	0.02%
CRUS	D	0.02%
IWB	A	0.0%

QARP Underweight 134 Positions Relative to VCEB

Symbol	Grade	Weight
DT	C	-0.19%
MTB	A	-0.07%
WEST	C	-0.06%
AFL	B	-0.05%
MDT	D	-0.05%
EQH	B	-0.05%
NOW	A	-0.04%
STLA	F	-0.04%
CPT	B	-0.04%
VRSK	A	-0.04%
FTV	C	-0.03%
EQR	B	-0.03%
CMA	A	-0.03%
BG	F	-0.03%
ROP	B	-0.03%
RF	A	-0.03%
PPG	F	-0.03%
DOC	D	-0.03%
AMP	A	-0.03%
IFF	D	-0.03%
HAS	D	-0.03%
NTRS	A	-0.03%
BHF	B	-0.03%
CFG	B	-0.03%
DG	F	-0.03%
WAB	B	-0.03%
BDX	F	-0.03%
ETN	A	-0.03%
EQIX	A	-0.03%
ZBH	C	-0.03%
ALLY	C	-0.03%
VOD	F	-0.03%
HUN	F	-0.02%
HRL	D	-0.02%
HIG	B	-0.02%
MKC	D	-0.02%
AJG	B	-0.02%
QRVO	F	-0.02%
APH	A	-0.02%
BEN	C	-0.02%
BAX	D	-0.02%
VTR	C	-0.02%
VMC	B	-0.02%
XRAY	F	-0.02%
EMN	D	-0.02%
VFC	C	-0.02%
RJF	A	-0.02%
AWK	D	-0.02%
O	D	-0.02%
MLM	B	-0.02%
HBAN	A	-0.02%
BLK	C	-0.02%
SWK	D	-0.02%
TRV	B	-0.02%
EFX	F	-0.02%
CME	A	-0.02%
WBA	F	-0.02%
BR	A	-0.02%
SHW	A	-0.02%
GLW	B	-0.02%
OMC	C	-0.02%
NEM	D	-0.02%
APD	A	-0.02%
FITB	A	-0.02%
CRM	B	-0.02%
BABA	D	-0.02%
DB	D	-0.02%
CARR	D	-0.02%
IBM	C	-0.02%
HSBC	B	-0.02%
AVGO	D	-0.02%
GSK	F	-0.02%
AZN	D	-0.02%
BAC	A	-0.02%
WM	A	-0.01%
WB	D	-0.01%
MRVL	B	-0.01%
MDLZ	F	-0.01%
GPN	B	-0.01%
PLD	D	-0.01%
PH	A	-0.01%
MSI	B	-0.01%
RSG	A	-0.01%
BRX	A	-0.01%
KEY	B	-0.01%
ARE	D	-0.01%
SCHW	B	-0.01%
DLR	B	-0.01%
DHR	F	-0.01%
ZTS	D	-0.01%
NXPI	D	-0.01%
MET	A	-0.01%
KO	D	-0.01%
USB	A	-0.01%
BXP	D	-0.01%
BSX	B	-0.01%
TMO	F	-0.01%
BMO	A	-0.01%
BK	A	-0.01%
BERY	B	-0.01%
STT	A	-0.01%
AXP	A	-0.01%
FIS	C	-0.01%
WELL	A	-0.01%
CM	A	-0.01%
CCI	D	-0.01%
AER	B	-0.01%
KDP	D	-0.01%
CB	C	-0.01%
CAG	D	-0.01%
BNS	A	-0.01%
PRU	A	-0.01%
AMT	D	-0.01%
DFS	B	-0.01%
PNC	B	-0.01%
PEP	F	-0.01%
AL	B	-0.01%
ICE	C	-0.01%
HPE	B	-0.01%
TD	F	-0.01%
SYK	C	-0.01%
VTRS	A	-0.01%
TFC	A	-0.01%
NWG	C	-0.01%
MUFG	B	-0.01%
AIG	B	-0.01%
RY	A	-0.01%
C	A	-0.01%
DIS	B	-0.01%
DELL	C	-0.01%
JPM	A	-0.01%
TMUS	B	-0.01%
GS	A	-0.01%
MS	A	-0.01%