VAW vs. CDL ETF Comparison

Comparison of Vanguard Materials ETF - DNQ (VAW) to Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (CDL)

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

$212.41

Average Daily Volume

31,358

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

CDL

Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF

CDL Description

The investment seeks to provide investment results that match the performance of the CEMP US Large Cap High Dividend 100 Volatility Weighted Index. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 100 highest dividend yielding stocks of the CEMP US Large Cap 500 Volatility Weighted Index, which consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Normally the fund invests at least 80% of its assets in the stocks of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$67.57

Average Daily Volume

16,472

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	VAW	CDL
30 Days	5.09%	2.69%
60 Days	5.62%	5.81%
90 Days	10.70%	11.62%
12 Months	24.44%	28.91%

4 Overlapping Holdings

Symbol	Grade	Weight in VAW	Weight in CDL	Overlap
APD	B	4.35%	0.78%	0.78%
DOW	C	2.64%	0.89%	0.89%
IP	C	1.12%	1.11%	1.11%
LYB	D	1.8%	0.95%	0.95%

VAW Overweight 112 Positions Relative to CDL

Symbol	Grade	Weight
LIN	B	16.13%
SHW	B	6.24%
ECL	B	4.56%
FCX	C	4.46%
NEM	C	4.32%
CTVA	B	2.8%
NUE	D	2.55%
DD	B	2.47%
MLM	D	2.31%
VMC	C	2.27%
PPG	C	2.13%
IFF	A	1.86%
SW	B	1.73%
BALL	C	1.39%
PKG	B	1.32%
STLD	C	1.25%
AVY	C	1.25%
AMCR	B	1.16%
RS	D	1.15%
CF	B	1.07%
RPM	B	1.05%
CE	D	1.0%
EMN	B	0.84%
CCK	B	0.77%
ATR	B	0.71%
ALB	D	0.65%
GPK	C	0.65%
MOS	F	0.64%
EXP	B	0.61%
X	F	0.6%
ATI	C	0.56%
AXTA	B	0.56%
FMC	B	0.56%
BERY	B	0.55%
AA	C	0.53%
CRS	C	0.48%
RGLD	C	0.48%
CLF	F	0.44%
LPX	B	0.44%
ESI	C	0.43%
CMC	D	0.43%
CBT	B	0.41%
BCPC	C	0.4%
SON	D	0.39%
WLK	C	0.39%
OLN	D	0.37%
SEE	C	0.36%
SUM	D	0.35%
FUL	D	0.33%
SLGN	B	0.31%
AVNT	B	0.31%
KNF	C	0.3%
ASH	F	0.3%
NEU	D	0.29%
HL	C	0.25%
HUN	C	0.25%
HCC	D	0.23%
SMG	B	0.21%
SXT	B	0.2%
IOSP	F	0.2%
CC	D	0.2%
AMR	D	0.19%
SLVM	C	0.19%
HWKN	B	0.18%
MTRN	D	0.17%
KWR	D	0.17%
CDE	C	0.17%
MTX	D	0.17%
ARCH	D	0.16%
OI	D	0.14%
ASPN	C	0.13%
TROX	D	0.12%
SCL	D	0.12%
GEF	C	0.11%
MP	C	0.11%
PRM	B	0.11%
NGVT	D	0.1%
OEC	F	0.08%
WS	D	0.08%
KALU	D	0.08%
USLM	B	0.07%
TRS	C	0.07%
MATV	D	0.07%
ASIX	B	0.06%
ECVT	F	0.06%
CENX	C	0.06%
KOP	F	0.06%
PCT	C	0.05%
SXC	F	0.05%
HAYN	D	0.05%
IE	D	0.04%
GATO	C	0.04%
PTVE	D	0.04%
CLW	F	0.04%
RYI	F	0.04%
MTUS	F	0.04%
LXU	D	0.03%
ZEUS	F	0.03%
RDUS	D	0.03%
MYE	F	0.03%
MERC	D	0.02%
IPI	D	0.02%
KRO	C	0.02%
PACK	D	0.02%
CMP	D	0.02%
METC	F	0.02%
TSE	C	0.01%
AVD	F	0.01%
PLL	F	0.01%
ORGN	D	0.01%
FEAM	F	0.0%
DNMR	F	0.0%

VAW Underweight 96 Positions Relative to CDL

Symbol	Grade	Weight
KO	B	-1.71%
PM	C	-1.66%
K	A	-1.47%
KMB	C	-1.46%
KMI	C	-1.45%
WMB	C	-1.42%
PEG	B	-1.42%
DUK	B	-1.41%
LMT	A	-1.41%
SO	B	-1.39%
MO	C	-1.29%
ED	B	-1.28%
PPL	A	-1.28%
ETR	A	-1.26%
PEP	D	-1.25%
JNJ	C	-1.25%
BK	B	-1.25%
ABBV	B	-1.25%
LNT	A	-1.24%
GLW	B	-1.23%
GIS	B	-1.22%
SRE	B	-1.22%
CMS	B	-1.21%
NI	B	-1.2%
OKE	C	-1.2%
FE	B	-1.18%
WEC	B	-1.17%
IBM	B	-1.17%
EVRG	B	-1.16%
EIX	B	-1.13%
DTE	A	-1.13%
PAYX	C	-1.12%
MDT	B	-1.11%
XEL	B	-1.11%
DRI	C	-1.11%
PRU	C	-1.1%
MET	B	-1.1%
CME	B	-1.1%
CPB	C	-1.09%
AEE	B	-1.08%
AEP	C	-1.08%
CAG	B	-1.08%
CSCO	B	-1.07%
HPQ	C	-1.07%
AMGN	D	-1.06%
FNF	B	-1.05%
KHC	C	-1.03%
PFG	B	-1.01%
TXN	B	-1.01%
C	C	-1.0%
OMC	B	-0.98%
NEE	B	-0.97%
XOM	D	-0.97%
EXC	B	-0.97%
GILD	B	-0.97%
T	B	-0.95%
MS	B	-0.95%
BMY	C	-0.94%
PNC	C	-0.93%
D	C	-0.92%
STT	B	-0.92%
BBY	A	-0.89%
PFE	D	-0.89%
CVX	F	-0.88%
CRBG	C	-0.88%
CLX	C	-0.85%
HPE	C	-0.84%
EOG	D	-0.84%
VZ	A	-0.83%
COP	F	-0.82%
MTB	C	-0.82%
FANG	F	-0.78%
HBAN	B	-0.77%
FITB	B	-0.76%
PSX	F	-0.76%
CTRA	F	-0.74%
NTRS	C	-0.73%
UPS	D	-0.73%
RF	B	-0.73%
CFG	D	-0.7%
TROW	C	-0.7%
IPG	C	-0.68%
VLO	F	-0.68%
USB	C	-0.65%
AES	C	-0.65%
VTRS	D	-0.64%
DVN	F	-0.64%
ADM	D	-0.62%
HRL	F	-0.61%
CVS	D	-0.58%
KEY	C	-0.56%
DINO	F	-0.55%
F	F	-0.52%
BEN	F	-0.51%
ALLY	F	-0.49%
WBA	F	-0.21%