VAW vs. AUSF ETF Comparison

Comparison of Vanguard Materials ETF - DNQ (VAW) to Global X Adaptive U.S. Factor ETF (AUSF)

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

$192.63

Average Daily Volume

35,138

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.68

Average Daily Volume

30,556

Number of Holdings ^*

188

* may have additional holdings in another (foreign) market

Performance

Period	VAW	AUSF
30 Days	-2.54%	2.05%
60 Days	-2.73%	1.03%
90 Days	-5.77%	-2.35%
12 Months	8.12%	28.44%

14 Overlapping Holdings

Symbol	Grade	Weight in VAW	Weight in AUSF	Overlap
ALB	F	0.9%	0.4%	0.4%
ATR	D	0.71%	0.08%	0.08%
CE	F	1.22%	0.43%	0.43%
CMC	C	0.47%	0.46%	0.46%
EMN	C	0.86%	0.5%	0.5%
FMC	D	0.55%	0.47%	0.47%
IP	B	1.07%	0.65%	0.65%
LIN	B	15.16%	1.44%	1.44%
LYB	C	1.87%	0.46%	0.46%
MOS	D	0.72%	0.44%	0.44%
NEU	F	0.28%	0.06%	0.06%
PKG	B	1.19%	0.07%	0.07%
SON	F	0.44%	0.08%	0.08%
X	D	0.62%	0.46%	0.46%

VAW Overweight 101 Positions Relative to AUSF

Symbol	Grade	Weight
FCX	D	5.46%
SHW	D	5.3%
ECL	B	4.32%
APD	D	4.28%
NEM	B	3.49%
NUE	D	2.94%
DOW	D	2.93%
CTVA	C	2.82%
MLM	D	2.55%
DD	B	2.48%
VMC	D	2.44%
PPG	D	2.23%
IFF	B	1.77%
BALL	D	1.58%
STLD	C	1.45%
AVY	C	1.32%
RS	D	1.25%
CF	D	1.08%
AMCR	C	1.06%
RPM	D	1.04%
WRK	D	1.0%
CCK	F	0.73%
GPK	D	0.63%
CLF	D	0.62%
EXP	D	0.58%
AXTA	D	0.57%
AA	C	0.57%
ATI	C	0.55%
BERY	D	0.5%
RGLD	C	0.46%
OLN	F	0.46%
WLK	D	0.45%
LPX	C	0.43%
SEE	D	0.41%
CBT	D	0.41%
CRS	B	0.4%
ESI	B	0.4%
BCPC	B	0.36%
SUM	D	0.34%
ASH	D	0.34%
FUL	D	0.31%
SLGN	D	0.29%
HUN	F	0.29%
AVNT	C	0.29%
CC	F	0.27%
KNF	C	0.27%
HCC	D	0.26%
AMR	F	0.25%
HL	D	0.25%
IOSP	C	0.23%
ARCH	F	0.22%
SMG	D	0.21%
SXT	C	0.2%
MTX	B	0.2%
KWR	D	0.19%
SLVM	B	0.18%
CDE	B	0.17%
MP	F	0.17%
TROX	D	0.17%
MTRN	D	0.17%
OI	F	0.14%
SCL	C	0.14%
HWKN	A	0.13%
ASPN	C	0.13%
NGVT	F	0.12%
KALU	D	0.11%
GEF	F	0.11%
OEC	F	0.1%
PRM	B	0.08%
WS	C	0.08%
ECVT	D	0.08%
TRS	D	0.08%
KOP	F	0.07%
MATV	D	0.07%
CENX	C	0.07%
USLM	B	0.06%
IE	F	0.06%
CLW	C	0.06%
SXC	D	0.06%
ASIX	D	0.05%
RYI	F	0.05%
HAYN	C	0.05%
MYE	F	0.04%
LXU	F	0.04%
GATO	D	0.04%
ZEUS	F	0.04%
PTVE	F	0.04%
DNA	F	0.04%
PCT	C	0.04%
MERC	D	0.03%
RDUS	F	0.03%
CMP	F	0.03%
AVD	F	0.02%
PLL	F	0.02%
IPI	D	0.02%
PACK	D	0.02%
KRO	C	0.02%
DNMR	F	0.01%
TSE	F	0.01%
ORGN	D	0.01%
FEAM	F	0.0%

VAW Underweight 174 Positions Relative to AUSF

Symbol	Grade	Weight
VZ	B	-1.94%
IBM	B	-1.85%
T	A	-1.83%
WMT	A	-1.68%
TMUS	B	-1.61%
MMC	B	-1.57%
AJG	B	-1.57%
GD	C	-1.55%
ROP	A	-1.51%
BRK.A	C	-1.51%
MRK	C	-1.51%
LMT	A	-1.5%
JNJ	F	-1.49%
V	D	-1.49%
RSG	A	-1.48%
WM	A	-1.47%
ACI	F	-1.41%
CME	D	-1.32%
EA	B	-1.29%
DOX	D	-1.24%
CSCO	C	-1.24%
MCD	D	-1.23%
VRSN	C	-1.19%
NSIT	B	-1.13%
KO	A	-1.1%
PEP	D	-0.97%
PG	C	-0.92%
CBOE	D	-0.85%
BR	C	-0.8%
GLW	B	-0.63%
WMB	A	-0.63%
GILD	C	-0.63%
HPQ	B	-0.63%
HPE	B	-0.62%
DTM	A	-0.62%
KMI	A	-0.62%
MO	B	-0.62%
BBY	B	-0.59%
GPS	C	-0.58%
SNX	C	-0.56%
KBH	B	-0.56%
OGN	B	-0.56%
TXN	B	-0.56%
CRBG	C	-0.55%
GM	B	-0.55%
AVT	C	-0.55%
SYF	A	-0.55%
JXN	C	-0.55%
AME	D	-0.55%
MTG	B	-0.54%
ALLY	B	-0.54%
AGNC	B	-0.53%
PFE	C	-0.53%
CHE	D	-0.53%
MTB	B	-0.52%
AM	B	-0.52%
WAL	C	-0.52%
ETRN	D	-0.52%
ABG	C	-0.52%
OMF	C	-0.51%
ARW	F	-0.51%
ZION	C	-0.51%
C	C	-0.51%
OKE	B	-0.51%
CFG	C	-0.51%
ONB	C	-0.51%
LBRDK	C	-0.51%
FITB	C	-0.51%
RDN	B	-0.51%
COLB	D	-0.51%
STWD	C	-0.5%
CADE	C	-0.5%
MAN	F	-0.5%
BKR	B	-0.5%
WFC	C	-0.5%
FHN	C	-0.5%
PNC	C	-0.5%
RF	C	-0.49%
UAL	D	-0.49%
UNM	C	-0.49%
COF	C	-0.49%
MDT	D	-0.49%
ADM	F	-0.49%
FNB	C	-0.49%
NOV	B	-0.48%
BG	B	-0.48%
BMY	F	-0.48%
USB	C	-0.48%
F	C	-0.48%
PB	C	-0.48%
AL	C	-0.47%
M	C	-0.47%
RPRX	F	-0.47%
CHK	D	-0.47%
MCK	B	-0.47%
UBSI	C	-0.47%
CMCSA	C	-0.47%
KRC	D	-0.47%
KEY	C	-0.46%
CAG	D	-0.46%
SIG	D	-0.46%
CMA	C	-0.46%
LAD	D	-0.46%
HBAN	C	-0.46%
VTRS	D	-0.45%
CIVI	D	-0.45%
CHRD	C	-0.45%
OZK	D	-0.45%
WBS	D	-0.44%
CVS	D	-0.43%
KHC	D	-0.43%
BCC	F	-0.43%
PTEN	D	-0.43%
INTC	F	-0.42%
PRGO	F	-0.42%
AGCO	F	-0.42%
HP	D	-0.4%
TAP	F	-0.39%
AMGN	B	-0.32%
YUM	D	-0.29%
PSX	D	-0.24%
DGX	D	-0.24%
LLY	A	-0.2%
CACI	B	-0.18%
PGR	D	-0.17%
EME	C	-0.17%
ABBV	B	-0.15%
CHD	C	-0.14%
COST	B	-0.13%
KR	D	-0.12%
TW	C	-0.12%
SNA	D	-0.12%
SO	B	-0.11%
CASY	B	-0.11%
ED	D	-0.1%
AFL	B	-0.1%
LDOS	B	-0.1%
SAIC	D	-0.1%
RTX	D	-0.1%
WRB	C	-0.1%
DUK	D	-0.1%
TRV	D	-0.1%
REGN	B	-0.09%
VRSK	A	-0.09%
KMB	B	-0.09%
TJX	A	-0.09%
HON	B	-0.09%
VRTX	B	-0.09%
ORI	C	-0.09%
GRMN	B	-0.09%
AAPL	B	-0.09%
CAH	D	-0.09%
ORLY	B	-0.08%
QGEN	D	-0.08%
ADP	D	-0.08%
L	D	-0.08%
HIG	B	-0.08%
MDLZ	D	-0.08%
NOC	D	-0.08%
CVX	C	-0.08%
BSX	A	-0.08%
DRI	C	-0.08%
ICE	A	-0.08%
BDX	D	-0.08%
MSI	A	-0.08%
PNW	C	-0.08%
XOM	C	-0.08%
HII	D	-0.08%
DLB	D	-0.07%
FDS	D	-0.07%
AKAM	F	-0.07%
UNH	C	-0.07%
MA	D	-0.07%
PCAR	D	-0.06%