QWLD vs. VCEB ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Vanguard ESG U.S. Corporate Bond ETF (VCEB)

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.03

Average Daily Volume

4,063

Number of Holdings ^*

610

* 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

$64.12

Average Daily Volume

32,512

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	VCEB
30 Days	1.38%	0.09%
60 Days	8.66%	1.67%
90 Days	5.18%	3.75%
12 Months	29.66%	13.85%

219 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in VCEB	Overlap
A	B	0.07%	0.02%	0.02%
AAPL	C	2.54%	0.01%	0.01%
ABBV	C	0.16%	0.03%	0.03%
ABBV	C	0.39%	0.03%	0.03%
ABT	C	0.09%	0.03%	0.03%
ACGL	A	0.28%	0.03%	0.03%
ADBE	F	0.42%	0.01%	0.01%
ADI	B	0.04%	0.01%	0.01%
ADM	F	0.05%	0.02%	0.02%
ADP	A	0.23%	0.03%	0.03%
AER	C	0.02%	0.01%	0.01%
AFL	A	0.12%	0.05%	0.05%
AIG	C	0.06%	0.01%	0.01%
AJG	C	0.18%	0.02%	0.02%
ALLY	F	0.01%	0.03%	0.01%
AMAT	C	0.34%	0.01%	0.01%
AMGN	D	0.18%	0.01%	0.01%
AMP	A	0.08%	0.03%	0.03%
AMT	D	0.03%	0.01%	0.01%
AMZN	C	0.33%	0.01%	0.01%
AON	A	0.15%	0.01%	0.01%
APD	C	0.03%	0.02%	0.02%
APH	D	0.39%	0.02%	0.02%
ARE	D	0.01%	0.01%	0.01%
AVGO	B	0.11%	0.02%	0.02%
AWK	D	0.01%	0.02%	0.01%
AXP	A	0.06%	0.01%	0.01%
AZO	D	0.28%	0.04%	0.04%
BAC	B	0.32%	0.02%	0.02%
BAX	D	0.02%	0.02%	0.02%
BDX	C	0.08%	0.03%	0.03%
BEN	F	0.01%	0.02%	0.01%
BG	F	0.03%	0.03%	0.03%
BIIB	F	0.02%	0.01%	0.01%
BK	A	0.05%	0.01%	0.01%
BKNG	B	0.02%	0.02%	0.02%
BLK	A	0.22%	0.02%	0.02%
BMY	A	0.19%	0.03%	0.03%
BR	B	0.04%	0.02%	0.02%
BSX	A	0.02%	0.01%	0.01%
BXP	B	0.01%	0.01%	0.01%
C	B	0.22%	0.01%	0.01%
CAG	D	0.05%	0.01%	0.01%
CAH	B	0.12%	0.02%	0.02%
CARR	A	0.02%	0.02%	0.02%
CAT	A	0.36%	0.01%	0.01%
CB	A	0.39%	0.01%	0.01%
CCI	D	0.02%	0.01%	0.01%
CF	A	0.13%	0.02%	0.02%
CFG	C	0.03%	0.03%	0.03%
CHTR	D	0.04%	0.02%	0.02%
CI	D	0.19%	0.01%	0.01%
CMCSA	B	0.16%	0.01%	0.01%
CME	A	0.15%	0.02%	0.02%
CMI	A	0.09%	0.02%	0.02%
COF	A	0.08%	0.01%	0.01%
CPB	D	0.1%	0.02%	0.02%
CPT	C	0.01%	0.04%	0.01%
CRM	B	0.05%	0.02%	0.02%
CSCO	A	0.92%	0.02%	0.02%
CSL	A	0.03%	0.02%	0.02%
CTAS	C	0.13%	0.04%	0.04%
CVS	D	0.18%	0.01%	0.01%
DD	C	0.02%	0.06%	0.02%
DE	C	0.06%	0.02%	0.02%
DELL	C	0.01%	0.01%	0.01%
DFS	A	0.03%	0.01%	0.01%
DG	F	0.01%	0.03%	0.01%
DGX	D	0.1%	0.03%	0.03%
DHR	D	0.06%	0.01%	0.01%
DIS	D	0.08%	0.01%	0.01%
DLR	C	0.02%	0.01%	0.01%
DLTR	F	0.01%	0.02%	0.01%
DOC	C	0.01%	0.03%	0.01%
DOW	B	0.04%	0.01%	0.01%
DT	B	0.0%	0.19%	0.0%
EA	D	0.17%	0.01%	0.01%
EBAY	A	0.01%	0.01%	0.01%
EFX	D	0.01%	0.02%	0.01%
EG	A	0.06%	0.03%	0.03%
EMN	C	0.01%	0.02%	0.01%
EQH	B	0.01%	0.05%	0.01%
EQIX	C	0.01%	0.03%	0.01%
EQR	C	0.01%	0.03%	0.01%
ETN	B	0.03%	0.03%	0.03%
EXPE	B	0.01%	0.04%	0.01%
FDX	F	0.06%	0.01%	0.01%
FIS	A	0.02%	0.01%	0.01%
FITB	C	0.03%	0.02%	0.02%
FOXA	B	0.01%	0.01%	0.01%
FTV	C	0.01%	0.03%	0.01%
GILD	A	0.22%	0.01%	0.01%
GIS	C	0.37%	0.03%	0.03%
GLPI	C	0.01%	0.01%	0.01%
GLW	C	0.02%	0.02%	0.02%
GM	D	0.15%	0.01%	0.01%
GOOGL	B	1.0%	0.02%	0.02%
GPN	F	0.02%	0.01%	0.01%
GS	B	0.14%	0.01%	0.01%
GWW	B	0.1%	0.04%	0.04%
HBAN	B	0.03%	0.02%	0.02%
HCA	C	0.04%	0.02%	0.02%
HD	A	0.14%	0.01%	0.01%
HIG	A	0.03%	0.02%	0.02%
HPE	B	0.03%	0.01%	0.01%
HPQ	B	0.04%	0.01%	0.01%
HRL	F	0.1%	0.02%	0.02%
HST	D	0.01%	0.02%	0.01%
HUM	F	0.17%	0.01%	0.01%
IBM	A	0.49%	0.02%	0.02%
ICE	A	0.03%	0.01%	0.01%
IFF	D	0.01%	0.03%	0.01%
INTC	D	0.1%	0.01%	0.01%
ITW	C	0.13%	0.03%	0.03%
JNJ	D	1.13%	0.01%	0.01%
JPM	C	0.51%	0.01%	0.01%
K	B	0.22%	0.03%	0.03%
KDP	C	0.16%	0.01%	0.01%
KEY	B	0.02%	0.01%	0.01%
KLAC	B	0.18%	0.01%	0.01%
KMB	D	0.12%	0.04%	0.04%
KO	C	0.64%	0.01%	0.01%
LEN	C	0.09%	0.04%	0.04%
LLY	D	1.31%	0.03%	0.03%
LOW	C	0.07%	0.01%	0.01%
LRCX	D	0.21%	0.01%	0.01%
LUV	B	0.0%	0.01%	0.0%
MA	A	0.66%	0.03%	0.03%
MAR	A	0.01%	0.01%	0.01%
MCD	A	0.42%	0.01%	0.01%
MCHP	F	0.07%	0.04%	0.04%
MCK	F	0.45%	0.02%	0.02%
MDLZ	D	0.16%	0.01%	0.01%
MDT	C	0.06%	0.05%	0.05%
MET	A	0.05%	0.01%	0.01%
MKC	C	0.01%	0.02%	0.01%
MLM	F	0.01%	0.02%	0.01%
MMC	D	0.5%	0.04%	0.04%
MMM	C	0.15%	0.01%	0.01%
MOS	F	0.02%	0.06%	0.02%
MRK	F	0.49%	0.01%	0.01%
MRVL	C	0.01%	0.01%	0.01%
MS	A	0.09%	0.01%	0.01%
MSFT	D	2.31%	0.01%	0.01%
MSI	A	0.58%	0.01%	0.01%
MTB	A	0.04%	0.07%	0.04%
MU	D	0.04%	0.03%	0.03%
MUFG	D	0.12%	0.01%	0.01%
NEM	C	0.05%	0.02%	0.02%
NKE	D	0.19%	0.01%	0.01%
NOW	B	0.01%	0.04%	0.01%
NTAP	D	0.04%	0.02%	0.02%
NTRS	B	0.01%	0.03%	0.01%
NVDA	B	2.11%	0.01%	0.01%
NVR	C	0.07%	0.03%	0.03%
NXPI	F	0.02%	0.01%	0.01%
O	C	0.02%	0.02%	0.02%
OMC	C	0.04%	0.02%	0.02%
ORCL	A	0.23%	0.02%	0.02%
ORLY	A	0.22%	0.03%	0.03%
OTIS	A	0.01%	0.04%	0.01%
PEP	F	0.81%	0.01%	0.01%
PFE	D	0.2%	0.01%	0.01%
PG	D	0.95%	0.01%	0.01%
PGR	B	0.33%	0.05%	0.05%
PH	A	0.02%	0.01%	0.01%
PLD	D	0.05%	0.01%	0.01%
PNC	C	0.08%	0.01%	0.01%
PPG	D	0.02%	0.03%	0.02%
PRU	B	0.04%	0.01%	0.01%
PWR	A	0.01%	0.03%	0.01%
PYPL	A	0.04%	0.01%	0.01%
QCOM	D	0.33%	0.01%	0.01%
QRVO	F	0.01%	0.02%	0.01%
REGN	D	0.41%	0.02%	0.02%
RF	B	0.03%	0.03%	0.03%
RJF	B	0.01%	0.02%	0.01%
ROP	D	0.48%	0.03%	0.03%
RPRX	D	0.01%	0.01%	0.01%
RSG	D	0.43%	0.01%	0.01%
SBUX	B	0.04%	0.02%	0.02%
SCHW	D	0.03%	0.01%	0.01%
SHW	C	0.14%	0.02%	0.02%
SJM	D	0.08%	0.03%	0.03%
SPG	A	0.02%	0.01%	0.01%
STLA	F	0.1%	0.04%	0.04%
STT	A	0.03%	0.01%	0.01%
SWK	C	0.02%	0.02%	0.02%
SYF	A	0.03%	0.03%	0.03%
SYK	C	0.03%	0.01%	0.01%
SYY	D	0.03%	0.01%	0.01%
T	B	0.37%	0.01%	0.01%
TD	B	0.14%	0.01%	0.01%
TFC	D	0.08%	0.01%	0.01%
TGT	C	0.15%	0.01%	0.01%
TJX	D	0.33%	0.07%	0.07%
TMO	D	0.07%	0.01%	0.01%
TMUS	A	0.64%	0.01%	0.01%
TRV	B	0.26%	0.02%	0.02%
TSN	D	0.13%	0.01%	0.01%
TT	A	0.14%	0.02%	0.02%
TXN	C	0.49%	0.01%	0.01%
UHS	D	0.01%	0.02%	0.01%
UNH	B	1.3%	0.01%	0.01%
UPS	D	0.07%	0.01%	0.01%
USB	C	0.08%	0.01%	0.01%
V	B	1.05%	0.02%	0.02%
VMC	D	0.01%	0.02%	0.01%
VRSK	D	0.0%	0.04%	0.0%
VRSN	C	0.14%	0.03%	0.03%
VTR	C	0.01%	0.02%	0.01%
VTRS	D	0.03%	0.01%	0.01%
VZ	C	0.61%	0.02%	0.02%
WAB	A	0.01%	0.03%	0.01%
WBA	F	0.04%	0.02%	0.02%
WELL	C	0.02%	0.01%	0.01%
WM	B	0.48%	0.01%	0.01%
ZBH	F	0.01%	0.03%	0.01%
ZTS	C	0.16%	0.01%	0.01%

QWLD Overweight 391 Positions Relative to VCEB

Symbol	Grade	Weight
META	A	2.1%
NVS	D	0.87%
GOOG	B	0.87%
COST	C	0.73%
WMT	A	0.71%
BRK.A	B	0.7%
ACN	B	0.63%
SO	A	0.46%
LMT	A	0.45%
XOM	A	0.45%
NFLX	A	0.45%
VRTX	D	0.42%
COR	F	0.38%
ED	C	0.37%
DUK	C	0.36%
NOC	B	0.33%
GE	B	0.32%
KR	C	0.3%
UL	D	0.3%
CVX	B	0.29%
UNP	F	0.27%
WCN	D	0.26%
ELV	F	0.26%
CBOE	B	0.24%
ISRG	C	0.23%
HON	C	0.23%
INTU	F	0.23%
KHC	F	0.22%
GDDY	B	0.21%
WFC	B	0.21%
CL	D	0.21%
CTSH	B	0.2%
CHKP	A	0.19%
ANET	A	0.19%
WEC	B	0.19%
MFG	B	0.19%
MPC	D	0.18%
CHD	D	0.18%
GD	C	0.18%
KEYS	B	0.17%
HSY	D	0.17%
BAH	C	0.16%
L	C	0.16%
YUM	C	0.15%
WMB	A	0.15%
PANW	B	0.15%
ERIE	A	0.15%
TM	D	0.15%
UTHR	C	0.14%
FFIV	B	0.14%
AKAM	D	0.13%
JNPR	C	0.13%
TSLA	C	0.13%
MCO	D	0.13%
BRO	A	0.13%
CMG	C	0.13%
WRB	C	0.13%
DEO	C	0.13%
PSX	D	0.13%
MKL	B	0.12%
SNPS	F	0.12%
DHI	C	0.12%
E	C	0.12%
CDNS	D	0.12%
INCY	B	0.12%
GEN	A	0.11%
CSX	D	0.11%
LYG	C	0.1%
PCAR	D	0.1%
BCS	B	0.1%
NBIX	F	0.1%
CNI	D	0.1%
TEL	D	0.09%
ADSK	B	0.09%
IDXX	D	0.09%
RTX	A	0.09%
SMFG	D	0.09%
CDW	D	0.09%
F	D	0.09%
PSA	C	0.09%
PAYX	B	0.09%
COP	D	0.09%
FCNCA	D	0.09%
BMRN	F	0.08%
KVUE	C	0.08%
FAST	C	0.08%
XEL	C	0.08%
ROL	C	0.08%
AMCR	C	0.08%
FANG	D	0.08%
AEE	A	0.08%
HMC	D	0.08%
SONY	C	0.08%
EW	F	0.07%
PHM	C	0.07%
LOGI	D	0.07%
WTW	C	0.07%
MOH	F	0.07%
ULTA	D	0.07%
ODFL	F	0.07%
CPRT	B	0.07%
ALL	A	0.07%
FI	A	0.07%
AEP	C	0.07%
VLO	F	0.07%
PTC	B	0.07%
AIZ	B	0.07%
ROK	D	0.06%
DPZ	D	0.06%
D	A	0.06%
GPC	D	0.06%
WBD	F	0.06%
CNC	F	0.06%
NEE	C	0.06%
BBY	C	0.06%
LIN	C	0.06%
LULU	D	0.06%
JKHY	A	0.06%
PM	D	0.06%
MNST	D	0.06%
MPWR	B	0.06%
BTI	D	0.05%
LNG	A	0.05%
TROW	D	0.05%
BLDR	C	0.05%
VLTO	A	0.05%
DINO	F	0.05%
CMS	A	0.05%
MT	B	0.05%
EOG	B	0.05%
RMD	C	0.05%
TDY	A	0.05%
TSCO	A	0.05%
TPL	A	0.04%
MO	D	0.04%
SPGI	C	0.04%
HUBB	A	0.04%
EME	B	0.04%
MANH	A	0.04%
EXPD	D	0.04%
WAT	B	0.04%
WDAY	D	0.04%
FICO	C	0.04%
WSM	C	0.04%
AMD	C	0.04%
DOV	C	0.04%
NUE	D	0.04%
CTVA	A	0.04%
GRMN	D	0.04%
VEEV	C	0.04%
DECK	B	0.04%
DVN	F	0.03%
FDS	C	0.03%
JBHT	D	0.03%
GGG	C	0.03%
EIX	C	0.03%
CBRE	C	0.03%
NSC	C	0.03%
PNR	C	0.03%
JCI	C	0.03%
SW	C	0.03%
APA	F	0.03%
LNT	B	0.03%
OC	C	0.03%
POOL	D	0.03%
AVY	D	0.03%
ENPH	F	0.03%
SOLV	C	0.03%
FCX	B	0.03%
SLB	D	0.03%
SNA	C	0.03%
KMI	A	0.03%
SWKS	F	0.03%
LYB	B	0.03%
WSO	C	0.03%
PCG	C	0.03%
SMCI	F	0.03%
TRGP	A	0.03%
PKG	B	0.03%
TER	C	0.03%
SRE	C	0.03%
LPLA	D	0.03%
EXC	C	0.03%
IT	A	0.03%
DRI	C	0.03%
OXY	D	0.03%
WST	D	0.03%
ON	F	0.02%
PAYC	D	0.02%
ACI	F	0.02%
NRG	A	0.02%
OVV	D	0.02%
CNH	C	0.02%
ES	D	0.02%
JBL	C	0.02%
NMR	F	0.02%
APTV	D	0.02%
CINF	A	0.02%
TTC	F	0.02%
WY	C	0.02%
CHK	C	0.02%
GEV	A	0.02%
GEHC	C	0.02%
CTRA	D	0.02%
DTE	B	0.02%
EPAM	F	0.02%
ROST	D	0.02%
AFG	A	0.02%
IP	C	0.02%
PFG	A	0.02%
MRO	B	0.02%
CEG	A	0.02%
BKR	B	0.02%
AOS	C	0.02%
KKR	A	0.02%
VICI	C	0.02%
NDSN	C	0.02%
STLD	C	0.02%
URI	C	0.02%
PEG	A	0.02%
BX	C	0.02%
LHX	A	0.02%
ETR	A	0.02%
ALLE	A	0.02%
EMR	B	0.02%
DKS	D	0.02%
IEX	D	0.02%
IPG	D	0.02%
OKE	A	0.02%
WTRG	D	0.01%
CCL	C	0.01%
ALGN	D	0.01%
OTEX	D	0.01%
CTLT	A	0.01%
RPM	A	0.01%
TRMB	B	0.01%
TFX	C	0.01%
MGM	D	0.01%
TTWO	D	0.01%
FOX	B	0.01%
UHAL	C	0.01%
FBIN	C	0.01%
NWSA	D	0.01%
DVA	C	0.01%
SBAC	C	0.01%
FTNT	A	0.01%
DAL	C	0.01%
REG	C	0.01%
CG	B	0.01%
CLX	C	0.01%
BURL	C	0.01%
TRU	C	0.01%
IRM	B	0.01%
HLT	A	0.01%
SUI	D	0.01%
STE	D	0.01%
HWM	A	0.01%
FSLR	C	0.01%
ZM	B	0.01%
ESS	D	0.01%
MAS	C	0.01%
INVH	D	0.01%
ACM	A	0.01%
MBAVU	C	0.01%
AVTR	D	0.01%
HSIC	D	0.01%
WPC	C	0.01%
STX	C	0.01%
CPAY	A	0.01%
CCEP	C	0.01%
HII	F	0.01%
MAA	D	0.01%
ZBRA	B	0.01%
RVTY	C	0.01%
CHRD	F	0.01%
XYL	C	0.01%
CCK	C	0.01%
EL	D	0.01%
SE	B	0.01%
SSNC	C	0.01%
IR	A	0.01%
ABNB	D	0.01%
STZ	D	0.01%
AGCO	D	0.01%
NDAQ	C	0.01%
KNX	D	0.01%
KIM	C	0.01%
LDOS	A	0.01%
NI	A	0.01%
WFG	C	0.01%
LKQ	F	0.01%
TDG	A	0.01%
BALL	C	0.01%
ALB	D	0.01%
VST	A	0.01%
HOLX	D	0.01%
TXT	F	0.01%
WDC	C	0.01%
AES	C	0.01%
AME	C	0.01%
CNP	B	0.01%
BSY	D	0.01%
CRBG	B	0.01%
HES	D	0.01%
AVB	C	0.01%
FNF	C	0.01%
ATO	A	0.01%
TAP	D	0.01%
EVRG	C	0.01%
CHRW	C	0.01%
APO	A	0.01%
SQ	D	0.01%
UBER	C	0.01%
J	F	0.01%
EQT	C	0.01%
MRNA	F	0.01%
CE	D	0.01%
IQV	F	0.01%
ECL	C	0.01%
PPL	C	0.01%
SEIC	B	0.01%
FE	C	0.01%
EXR	D	0.01%
PARA	F	0.01%
HAL	D	0.01%
MELI	D	0.01%
BA	F	0.01%
MKTX	B	0.01%
KMX	F	0.01%
RS	D	0.01%
GLBE	C	0.0%
IOT	C	0.0%
NET	D	0.0%
TOST	B	0.0%
RBLX	D	0.0%
XRX	D	0.0%
DDOG	B	0.0%
DKNG	C	0.0%
SNAP	D	0.0%
PSTG	F	0.0%
H	B	0.0%
FUTU	A	0.0%
MSTR	B	0.0%
HEI	C	0.0%
DAY	C	0.0%
DOCU	A	0.0%
GRAB	C	0.0%
SNOW	F	0.0%
PODD	C	0.0%
PINS	D	0.0%
APP	A	0.0%
DXCM	F	0.0%
CRWD	D	0.0%
HOOD	B	0.0%
WYNN	B	0.0%
OKTA	F	0.0%
ROKU	C	0.0%
TECH	D	0.0%
EXAS	C	0.0%
TTD	A	0.0%
TYL	D	0.0%
LII	C	0.0%
PLTR	A	0.0%
TW	A	0.0%
ELS	D	0.0%
AXON	A	0.0%
Z	C	0.0%
HEI	C	0.0%
LYV	A	0.0%
VRT	B	0.0%
ENTG	D	0.0%
LW	D	0.0%
RIVN	F	0.0%
MSCI	B	0.0%
DASH	A	0.0%
BBWI	F	0.0%
ILMN	B	0.0%
RCL	B	0.0%
QGEN	F	0.0%
CRL	F	0.0%
CSGP	F	0.0%
WLK	C	0.0%
LVS	B	0.0%
UDR	C	0.0%
BIO	B	0.0%
MTCH	B	0.0%
ARES	A	0.0%
COIN	F	0.0%
ANSS	D	0.0%
AMH	D	0.0%
TWLO	B	0.0%

QWLD Underweight 26 Positions Relative to VCEB

Symbol	Grade	Weight
CMA	C	-0.03%
BWA	C	-0.03%
LH	D	-0.03%
HAS	A	-0.03%
BHF	D	-0.03%
VOD	D	-0.03%
HUN	B	-0.02%
LEA	F	-0.02%
RL	B	-0.02%
XRAY	D	-0.02%
VFC	A	-0.02%
BABA	A	-0.02%
DB	A	-0.02%
HSBC	A	-0.02%
GSK	F	-0.02%
AZN	D	-0.02%
EXP	C	-0.01%
WB	B	-0.01%
BRX	C	-0.01%
BMO	B	-0.01%
BERY	C	-0.01%
CM	C	-0.01%
BNS	C	-0.01%
AL	D	-0.01%
NWG	B	-0.01%
RY	C	-0.01%