TOTL vs. VCEB ETF Comparison

Comparison of SPDR DoubleLine Total Return Tactical ETF (TOTL) to Vanguard ESG U.S. Corporate Bond ETF (VCEB)

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

$41.50

Average Daily Volume

335,854

Number of Holdings ^*

226

* 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

$64.97

Average Daily Volume

30,605

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	TOTL	VCEB
30 Days	1.17%	1.53%
60 Days	3.96%	4.06%
90 Days	5.34%	5.85%
12 Months	12.10%	13.31%

46 Overlapping Holdings

Symbol	Grade	Weight in TOTL	Weight in VCEB	Overlap
ABBV	B	0.06%	0.03%	0.03%
AL	C	0.06%	0.01%	0.01%
AMGN	D	0.06%	0.01%	0.01%
ARE	C	0.08%	0.01%	0.01%
AVGO	C	0.06%	0.02%	0.02%
BAC	D	0.01%	0.02%	0.01%
BERY	B	0.06%	0.01%	0.01%
BG	F	0.06%	0.03%	0.03%
BHF	F	0.02%	0.03%	0.02%
BNS	B	0.01%	0.01%	0.01%
BXP	C	0.1%	0.01%	0.01%
C	C	0.12%	0.01%	0.01%
CARR	B	0.03%	0.02%	0.02%
CCI	C	0.06%	0.01%	0.01%
CHTR	D	0.01%	0.02%	0.01%
CI	C	0.06%	0.01%	0.01%
CMCSA	C	0.06%	0.01%	0.01%
DD	B	0.03%	0.06%	0.03%
DELL	C	0.06%	0.01%	0.01%
DFS	C	0.06%	0.01%	0.01%
DG	F	0.06%	0.03%	0.03%
DLTR	F	0.06%	0.02%	0.02%
EXPE	C	0.08%	0.04%	0.04%
FDX	D	0.03%	0.01%	0.01%
GM	C	0.03%	0.01%	0.01%
GS	B	0.12%	0.01%	0.01%
HCA	B	0.03%	0.02%	0.02%
HD	B	0.05%	0.01%	0.01%
JPM	D	0.1%	0.01%	0.01%
MAR	B	0.06%	0.01%	0.01%
MS	B	0.12%	0.01%	0.01%
MUFG	D	0.06%	0.01%	0.01%
NTAP	D	0.03%	0.02%	0.02%
OMC	B	0.06%	0.02%	0.02%
ORCL	B	0.06%	0.02%	0.02%
PWR	B	0.06%	0.03%	0.03%
RPRX	C	0.07%	0.01%	0.01%
RY	A	0.17%	0.01%	0.01%
SYY	C	0.03%	0.01%	0.01%
T	B	0.02%	0.01%	0.01%
TMO	B	0.12%	0.01%	0.01%
TMUS	B	0.01%	0.01%	0.01%
VTRS	D	0.02%	0.01%	0.01%
VZ	A	0.1%	0.02%	0.02%
WELL	C	0.06%	0.01%	0.01%
WRK	C	0.06%	0.06%	0.06%

TOTL Overweight 180 Positions Relative to VCEB

Symbol	Grade	Weight
FNA	F	0.4%
LMAT	B	0.28%
GOOD	B	0.11%
ACR	C	0.1%
DUK	B	0.09%
TXT	D	0.09%
GTE	F	0.08%
UPST	C	0.07%
ARW	B	0.06%
NEE	B	0.06%
CSX	C	0.06%
SO	B	0.06%
BA	F	0.06%
VNT	F	0.06%
WFC	D	0.06%
SLG	C	0.06%
EPD	C	0.06%
WTRG	D	0.06%
FR	C	0.06%
S	D	0.05%
GP	D	0.05%
WMB	C	0.04%
VLO	F	0.04%
AEP	C	0.04%
XOM	D	0.04%
CHT	B	0.04%
BRO	C	0.04%
FE	B	0.03%
SEM	D	0.03%
USAC	D	0.03%
VOYA	B	0.03%
GFF	C	0.03%
HAL	F	0.03%
MPLX	B	0.03%
ET	C	0.03%
GE	C	0.03%
BCC	C	0.03%
VSAT	F	0.02%
PPC	D	0.02%
EQT	C	0.02%
GOGO	F	0.02%
PFSI	C	0.02%
KAR	D	0.02%
MATV	D	0.02%
FTAI	B	0.02%
CRI	D	0.02%
SXC	F	0.02%
SAH	D	0.02%
OVV	F	0.02%
NRG	B	0.02%
DNB	D	0.02%
RDNT	B	0.02%
SLGN	B	0.02%
WOOF	C	0.02%
BYD	C	0.02%
OGN	D	0.02%
BALY	C	0.02%
JELD	D	0.02%
VNO	B	0.02%
SIX	B	0.02%
AXL	F	0.02%
PCG	C	0.02%
KHC	C	0.02%
MSC	D	0.02%
CLH	C	0.01%
TSQ	F	0.01%
BTU	C	0.01%
CVNA	B	0.01%
BECN	F	0.01%
VVI	C	0.01%
FLL	F	0.01%
SKIL	C	0.01%
STX	B	0.01%
PLYA	D	0.01%
EAF	D	0.01%
BIDU	C	0.01%
GPI	B	0.01%
CNX	B	0.01%
DAL	C	0.01%
RH	C	0.01%
SLCA	B	0.01%
BGS	D	0.01%
WFRD	F	0.01%
UAN	F	0.01%
IRM	C	0.01%
SBGI	C	0.01%
MODV	F	0.01%
TGI	F	0.01%
NAVI	D	0.01%
PK	D	0.01%
MUSA	D	0.01%
NBR	F	0.01%
AM	B	0.01%
DVA	B	0.01%
NXST	D	0.01%
INFA	D	0.01%
ATKR	F	0.01%
GDEN	D	0.01%
UNIT	C	0.01%
SPH	D	0.01%
AR	C	0.01%
CTLT	B	0.01%
MHO	B	0.01%
VNOM	D	0.01%
APA	F	0.01%
CCS	C	0.01%
WMS	D	0.01%
WH	B	0.01%
SPB	B	0.01%
LUMN	C	0.01%
EBS	D	0.01%
YUM	B	0.01%
CNSL	A	0.01%
GPOR	C	0.01%
COTY	D	0.01%
BLDR	C	0.01%
NEXA	C	0.01%
GLT	C	0.01%
GT	F	0.01%
WES	D	0.01%
SWN	C	0.01%
XHR	B	0.01%
CHK	C	0.01%
FUN	F	0.01%
SSP	F	0.01%
IBP	C	0.01%
SMG	B	0.01%
NFLX	B	0.01%
CYH	C	0.01%
PFGC	B	0.01%
APG	F	0.01%
MGM	D	0.01%
UNFI	B	0.01%
SIRI	C	0.01%
UBER	C	0.01%
NCLH	B	0.01%
JAZZ	D	0.01%
AES	C	0.01%
PENN	D	0.01%
VSCO	C	0.01%
NGL	D	0.01%
THC	C	0.01%
IEP	F	0.01%
OXY	F	0.01%
LYV	A	0.01%
STZ	C	0.01%
CNC	D	0.01%
COMM	C	0.01%
KSA	B	0.01%
TRTX	D	0.01%
F	F	0.01%
BX	C	0.01%
GNR	B	0.01%
HLT	B	0.0%
CMCO	D	0.0%
VICI	C	0.0%
TROX	D	0.0%
WD	B	0.0%
UCTT	D	0.0%
ICLR	F	0.0%
EXC	B	0.0%
CCO	D	0.0%
IHRT	D	0.0%
SUN	D	0.0%
DAN	D	0.0%
URI	B	0.0%
OMF	D	0.0%
FYBR	C	0.0%
CZR	C	0.0%
EHC	B	0.0%
EVRI	B	0.0%
OPCH	C	0.0%
POST	B	0.0%
UAL	B	0.0%
CCL	C	0.0%
RIG	F	0.0%
AAL	D	0.0%
TDG	B	0.0%
HESM	D	0.0%
FN	C	0.0%

TOTL Underweight 199 Positions Relative to VCEB

Symbol	Grade	Weight
DT	C	-0.19%
MTB	C	-0.07%
TJX	C	-0.07%
MOS	F	-0.06%
PGR	C	-0.05%
AFL	A	-0.05%
MDT	B	-0.05%
EQH	C	-0.05%
MCHP	D	-0.04%
LEN	B	-0.04%
KMB	C	-0.04%
GWW	B	-0.04%
OTIS	B	-0.04%
NOW	C	-0.04%
STLA	F	-0.04%
AZO	B	-0.04%
CTAS	C	-0.04%
CPT	C	-0.04%
VRSK	D	-0.04%
MMC	C	-0.04%
FTV	C	-0.03%
EQR	C	-0.03%
DGX	B	-0.03%
VRSN	C	-0.03%
CMA	C	-0.03%
BWA	C	-0.03%
SJM	C	-0.03%
ROP	C	-0.03%
RF	B	-0.03%
EG	B	-0.03%
PPG	C	-0.03%
DOC	B	-0.03%
ORLY	B	-0.03%
AMP	B	-0.03%
ACGL	B	-0.03%
NVR	B	-0.03%
LH	D	-0.03%
K	A	-0.03%
IFF	A	-0.03%
HAS	B	-0.03%
LLY	D	-0.03%
NTRS	C	-0.03%
SYF	C	-0.03%
CFG	D	-0.03%
GIS	B	-0.03%
WAB	B	-0.03%
ITW	B	-0.03%
ADP	C	-0.03%
MU	D	-0.03%
BDX	D	-0.03%
ETN	C	-0.03%
EQIX	B	-0.03%
ZBH	F	-0.03%
MA	B	-0.03%
ALLY	F	-0.03%
BMY	C	-0.03%
ABT	C	-0.03%
VOD	C	-0.03%
HUN	C	-0.02%
HST	D	-0.02%
HRL	F	-0.02%
HIG	B	-0.02%
MKC	C	-0.02%
MCK	F	-0.02%
LEA	D	-0.02%
AJG	D	-0.02%
A	C	-0.02%
QRVO	F	-0.02%
APH	C	-0.02%
RL	B	-0.02%
BEN	F	-0.02%
BAX	C	-0.02%
VTR	C	-0.02%
VMC	C	-0.02%
UHS	C	-0.02%
TT	B	-0.02%
CAH	C	-0.02%
XRAY	D	-0.02%
CSL	B	-0.02%
CMI	B	-0.02%
EMN	B	-0.02%
VFC	B	-0.02%
CF	B	-0.02%
RJF	C	-0.02%
AWK	C	-0.02%
O	B	-0.02%
MLM	D	-0.02%
HBAN	B	-0.02%
BLK	B	-0.02%
SWK	B	-0.02%
REGN	D	-0.02%
TRV	C	-0.02%
EFX	C	-0.02%
DE	A	-0.02%
CME	B	-0.02%
WBA	F	-0.02%
ADM	D	-0.02%
BR	C	-0.02%
BKNG	B	-0.02%
SHW	B	-0.02%
SBUX	C	-0.02%
CPB	C	-0.02%
GLW	B	-0.02%
NEM	C	-0.02%
APD	B	-0.02%
FITB	B	-0.02%
CRM	C	-0.02%
BABA	B	-0.02%
DB	B	-0.02%
CSCO	B	-0.02%
IBM	B	-0.02%
GOOGL	D	-0.02%
HSBC	B	-0.02%
GSK	D	-0.02%
AZN	D	-0.02%
V	C	-0.02%
EXP	B	-0.01%
ADI	C	-0.01%
GLPI	C	-0.01%
EA	D	-0.01%
WM	D	-0.01%
WB	C	-0.01%
MRVL	D	-0.01%
MDLZ	C	-0.01%
GPN	D	-0.01%
PLD	C	-0.01%
PH	B	-0.01%
AMAT	D	-0.01%
MSI	B	-0.01%
RSG	D	-0.01%
AON	B	-0.01%
BRX	C	-0.01%
EBAY	B	-0.01%
MMM	B	-0.01%
KEY	C	-0.01%
SCHW	D	-0.01%
DLR	B	-0.01%
DHR	B	-0.01%
ZTS	B	-0.01%
TXN	B	-0.01%
NXPI	D	-0.01%
MET	B	-0.01%
KO	B	-0.01%
KLAC	D	-0.01%
HUM	F	-0.01%
USB	C	-0.01%
TSN	D	-0.01%
BSX	B	-0.01%
BMO	C	-0.01%
BK	B	-0.01%
STT	B	-0.01%
AXP	B	-0.01%
PYPL	B	-0.01%
FIS	C	-0.01%
CM	B	-0.01%
AER	C	-0.01%
ADBE	F	-0.01%
NVDA	C	-0.01%
NKE	D	-0.01%
MRK	F	-0.01%
LOW	B	-0.01%
KDP	B	-0.01%
HPQ	C	-0.01%
CB	B	-0.01%
CAT	B	-0.01%
CAG	B	-0.01%
SPG	B	-0.01%
PRU	C	-0.01%
AMT	C	-0.01%
DOW	C	-0.01%
PNC	C	-0.01%
PFE	D	-0.01%
PEP	D	-0.01%
LUV	C	-0.01%
LRCX	D	-0.01%
ICE	C	-0.01%
HPE	C	-0.01%
COF	B	-0.01%
TGT	C	-0.01%
TD	C	-0.01%
BIIB	F	-0.01%
SYK	C	-0.01%
UNH	C	-0.01%
TFC	D	-0.01%
PG	C	-0.01%
NWG	B	-0.01%
JNJ	C	-0.01%
UPS	D	-0.01%
QCOM	D	-0.01%
AIG	D	-0.01%
MCD	B	-0.01%
INTC	D	-0.01%
GILD	B	-0.01%
FOXA	B	-0.01%
DIS	D	-0.01%
AMZN	C	-0.01%
AAPL	C	-0.01%
MSFT	C	-0.01%
CVS	D	-0.01%