VAW vs. APUE ETF Comparison

Comparison of Vanguard Materials ETF - DNQ (VAW) to Trust for Professional Managers ActivePassive U.S. Equity ETF (APUE)

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$205.52

Average Daily Volume

29,491

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

APUE

Trust for Professional Managers ActivePassive U.S. Equity ETF

APUE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the CRSP U.S. Total Market Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$36.29

Average Daily Volume

81,580

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	VAW	APUE
30 Days	-4.55%	1.06%
60 Days	-0.26%	3.83%
90 Days	2.53%	5.40%
12 Months	17.81%	31.62%

16 Overlapping Holdings

Symbol	Grade	Weight in VAW	Weight in APUE	Overlap
APD	A	4.84%	0.08%	0.08%
AXTA	B	0.59%	0.28%	0.28%
BALL	D	1.29%	0.13%	0.13%
CTVA	C	2.98%	0.06%	0.06%
DD	D	2.43%	0.1%	0.1%
ECL	D	4.43%	0.12%	0.12%
ESI	B	0.44%	0.09%	0.09%
FCX	F	4.54%	0.16%	0.16%
IP	A	1.29%	0.15%	0.15%
LIN	D	15.38%	0.33%	0.33%
NEM	D	3.68%	0.07%	0.07%
NEU	D	0.27%	0.24%	0.24%
NUE	D	2.39%	0.04%	0.04%
PKG	B	1.44%	0.07%	0.07%
SHW	C	6.06%	0.28%	0.28%
STLD	B	1.37%	0.11%	0.11%

VAW Overweight 100 Positions Relative to APUE

Symbol	Grade	Weight
MLM	B	2.56%
VMC	B	2.54%
DOW	F	2.44%
PPG	F	2.05%
SW	A	1.88%
IFF	D	1.78%
LYB	F	1.59%
AVY	D	1.17%
RPM	B	1.15%
RS	B	1.15%
AMCR	D	1.13%
CF	A	1.05%
CE	F	0.96%
EMN	D	0.87%
CCK	D	0.79%
ATR	B	0.78%
ALB	B	0.68%
EXP	B	0.68%
AA	A	0.66%
GPK	D	0.61%
X	C	0.61%
MOS	D	0.6%
FMC	D	0.57%
BERY	D	0.56%
RGLD	C	0.5%
CRS	A	0.49%
ATI	C	0.46%
LPX	B	0.45%
CLF	F	0.43%
CMC	B	0.43%
CBT	C	0.42%
SUM	B	0.41%
BCPC	B	0.38%
KNF	B	0.37%
SEE	D	0.37%
WLK	F	0.36%
SON	F	0.36%
OLN	F	0.34%
SLGN	A	0.31%
AVNT	B	0.3%
FUL	F	0.28%
ASH	F	0.28%
HL	C	0.27%
SMG	C	0.26%
HUN	F	0.25%
HCC	B	0.23%
SLVM	C	0.21%
IOSP	C	0.19%
CC	D	0.19%
SXT	C	0.19%
ARCH	B	0.18%
CDE	C	0.18%
MTX	C	0.17%
MP	C	0.16%
AMR	C	0.16%
MTRN	C	0.15%
HWKN	B	0.15%
KWR	D	0.15%
PRM	B	0.13%
OI	D	0.12%
PCT	C	0.11%
GEF	B	0.11%
SCL	D	0.11%
NGVT	C	0.1%
TROX	D	0.1%
WS	B	0.09%
USLM	A	0.09%
ASPN	F	0.08%
KALU	C	0.08%
CENX	B	0.07%
TRS	B	0.07%
MATV	F	0.06%
SXC	A	0.06%
OEC	C	0.06%
RYI	C	0.05%
KOP	C	0.05%
IE	C	0.05%
ECVT	C	0.05%
GATO	C	0.05%
ASIX	C	0.05%
HAYN	A	0.05%
PTVE	B	0.04%
MTUS	D	0.04%
ZEUS	C	0.03%
MYE	F	0.03%
LXU	C	0.03%
CLW	F	0.03%
RDUS	C	0.03%
CMP	C	0.03%
PLL	C	0.02%
IPI	B	0.02%
MERC	F	0.02%
KRO	F	0.02%
PACK	C	0.02%
METC	C	0.02%
AVD	C	0.01%
TSE	F	0.01%
ORGN	D	0.01%
FEAM	F	0.0%
DNMR	F	0.0%

VAW Underweight 276 Positions Relative to APUE

Symbol	Grade	Weight
NVDA	A	-5.86%
AAPL	C	-5.59%
MSFT	D	-5.36%
DFAS	B	-4.94%
AMZN	B	-3.52%
META	C	-2.32%
GOOGL	B	-2.0%
BRK.A	B	-1.8%
TSLA	A	-1.7%
GOOG	B	-1.65%
AVGO	C	-1.52%
JPM	A	-1.47%
LLY	F	-1.26%
UNH	C	-1.07%
XOM	B	-0.98%
PG	C	-0.95%
JNJ	D	-0.89%
WMT	A	-0.88%
COST	A	-0.8%
NFLX	A	-0.66%
CRM	B	-0.64%
V	A	-0.64%
ABBV	F	-0.62%
WFC	A	-0.6%
MA	B	-0.6%
HD	A	-0.59%
ACN	C	-0.57%
QCOM	F	-0.52%
INTU	B	-0.51%
BAC	A	-0.49%
AMD	F	-0.48%
GE	D	-0.48%
ADBE	D	-0.47%
NOW	B	-0.46%
MO	A	-0.45%
SPG	A	-0.45%
APH	B	-0.44%
AMAT	F	-0.43%
ISRG	A	-0.42%
AER	B	-0.42%
AFL	C	-0.41%
ORCL	A	-0.41%
IBM	C	-0.41%
T	A	-0.41%
KO	D	-0.41%
DHR	D	-0.4%
TMUS	B	-0.4%
DUK	C	-0.39%
UNP	D	-0.39%
AXP	B	-0.39%
ETN	B	-0.39%
AWI	B	-0.38%
CSCO	B	-0.38%
C	B	-0.38%
DIS	B	-0.38%
CHDN	C	-0.38%
SYK	A	-0.37%
VZ	C	-0.36%
LOW	C	-0.36%
WTM	A	-0.36%
MUSA	B	-0.36%
BK	B	-0.36%
MRK	F	-0.35%
MDT	D	-0.34%
PCAR	C	-0.33%
PH	B	-0.33%
HCA	F	-0.33%
GS	B	-0.33%
PEP	F	-0.33%
ENTG	F	-0.32%
FI	A	-0.32%
DECK	A	-0.31%
TJX	A	-0.31%
TXN	C	-0.31%
COF	B	-0.31%
CTAS	B	-0.31%
UBER	F	-0.3%
CVX	A	-0.3%
ETR	A	-0.3%
ADI	D	-0.3%
TMO	F	-0.3%
LANC	D	-0.29%
HON	B	-0.29%
CAT	C	-0.29%
EQR	C	-0.29%
PHM	D	-0.29%
GWW	B	-0.28%
WAT	C	-0.28%
MDLZ	F	-0.28%
BR	B	-0.28%
ZBRA	B	-0.27%
BSX	A	-0.27%
URI	B	-0.27%
CMCSA	B	-0.27%
PGR	B	-0.26%
POST	C	-0.26%
SPGI	D	-0.26%
PFE	F	-0.26%
LW	C	-0.26%
SNA	B	-0.26%
BX	A	-0.25%
MAS	D	-0.25%
THG	A	-0.25%
ANET	C	-0.25%
ABT	A	-0.25%
COP	B	-0.24%
PM	A	-0.24%
VICI	C	-0.24%
L	A	-0.24%
GM	B	-0.23%
DHI	D	-0.23%
MCD	D	-0.23%
VRTX	D	-0.23%
CACC	F	-0.23%
QLYS	C	-0.23%
MS	A	-0.23%
JKHY	D	-0.23%
KKR	A	-0.22%
RTX	D	-0.22%
SO	C	-0.22%
LRCX	F	-0.21%
CWST	A	-0.21%
AEP	C	-0.21%
AMT	D	-0.21%
DASH	A	-0.2%
NEE	C	-0.2%
TTC	F	-0.2%
KLAC	F	-0.2%
LEN	D	-0.2%
AMGN	D	-0.2%
REGN	F	-0.2%
TGT	B	-0.2%
FR	C	-0.18%
NI	A	-0.18%
FDX	B	-0.18%
WAB	B	-0.18%
MU	D	-0.18%
PPL	A	-0.18%
BMY	A	-0.18%
CBOE	C	-0.17%
ROP	C	-0.17%
ADP	B	-0.17%
GILD	C	-0.17%
PLD	D	-0.17%
TT	A	-0.17%
PANW	B	-0.17%
IRM	C	-0.16%
TXT	D	-0.16%
TREX	D	-0.16%
ESS	A	-0.15%
PYPL	B	-0.15%
ED	C	-0.15%
ICE	C	-0.15%
DE	C	-0.15%
CCL	A	-0.15%
COIN	A	-0.15%
GRMN	B	-0.15%
CARR	D	-0.15%
EVRG	A	-0.15%
HWM	A	-0.15%
GDDY	A	-0.15%
LEN	D	-0.15%
LMT	D	-0.15%
BRKR	F	-0.14%
WY	D	-0.14%
PEG	C	-0.14%
AIG	C	-0.14%
DOV	B	-0.14%
MTN	C	-0.14%
UNF	B	-0.14%
GEV	A	-0.14%
REYN	D	-0.14%
EMR	A	-0.13%
WELL	A	-0.13%
KMB	C	-0.13%
ZBH	C	-0.13%
MPC	D	-0.13%
CRWD	B	-0.13%
FNF	A	-0.13%
FOX	A	-0.13%
HIG	B	-0.12%
PCG	A	-0.12%
CMG	C	-0.12%
DGX	A	-0.12%
FOXA	B	-0.12%
HOLX	D	-0.12%
CEG	C	-0.11%
ABNB	D	-0.11%
PWR	A	-0.11%
MCK	A	-0.11%
SWKS	F	-0.11%
CPRT	B	-0.11%
CMI	A	-0.11%
SYF	B	-0.11%
KR	B	-0.1%
CAH	B	-0.1%
UPS	C	-0.1%
AEE	A	-0.1%
PLTR	A	-0.1%
SNPS	C	-0.1%
EOG	A	-0.1%
CNNE	B	-0.09%
A	F	-0.09%
STT	B	-0.09%
CABO	C	-0.09%
CL	D	-0.09%
EFX	F	-0.09%
DLR	A	-0.08%
CTSH	C	-0.08%
ARE	F	-0.08%
KHC	F	-0.08%
ALL	A	-0.08%
CCI	C	-0.08%
DRI	C	-0.08%
COR	B	-0.08%
AON	B	-0.08%
ROK	B	-0.08%
AVB	B	-0.08%
ZTS	D	-0.08%
KVUE	A	-0.07%
LNG	A	-0.07%
CRBG	B	-0.07%
GD	D	-0.07%
MKL	A	-0.07%
MPWR	F	-0.07%
BEN	C	-0.07%
CBRE	B	-0.07%
RCL	A	-0.07%
EXR	C	-0.07%
DVN	F	-0.06%
CB	C	-0.06%
ROST	D	-0.06%
SQ	A	-0.06%
NDAQ	A	-0.06%
BA	D	-0.06%
APO	A	-0.06%
VLO	C	-0.06%
CSGP	F	-0.06%
RBLX	B	-0.06%
TW	A	-0.06%
ACGL	D	-0.06%
DAL	A	-0.05%
CVS	F	-0.05%
NTAP	C	-0.05%
RSG	A	-0.05%
J	D	-0.05%
IBKR	A	-0.05%
CVNA	A	-0.05%
DELL	B	-0.05%
GPN	C	-0.05%
EW	C	-0.05%
PSX	C	-0.05%
GEN	B	-0.05%
SLB	C	-0.05%
IR	B	-0.05%
CI	D	-0.05%
NWS	A	-0.05%
PFG	C	-0.04%
EG	D	-0.04%
FSLR	F	-0.04%
ELV	F	-0.04%
HUBB	B	-0.04%
MNST	C	-0.04%
RKT	F	-0.03%
VLTO	C	-0.03%
ADM	D	-0.03%
UAL	A	-0.03%
CNC	F	-0.03%
CTRA	B	-0.03%
SMCI	F	-0.02%
DLTR	F	-0.02%
WPC	C	-0.02%
MSTR	A	-0.02%
GIS	F	-0.01%
DTE	C	-0.01%
HST	D	-0.0%