VAW vs. CGW ETF Comparison

Comparison of Vanguard Materials ETF - DNQ (VAW) to Invesco S&P Global Water Index ETF (CGW)

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

$210.70

Average Daily Volume

29,654

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

CGW

Invesco S&P Global Water Index ETF

CGW Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the S&P Global Water Index. The fund invests at least 90% of total assets in common stock and American depositary receipts ("ADRs") that comprise the index depositary receipts representing common stocks included in the index. At each rebalancing the Water Index is comprised of 50 equity securities selected, based on investment and other criteria, from a universe of companies listed on global developed market exchanges. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.15

Average Daily Volume

27,372

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VAW	CGW
30 Days	0.05%	-0.17%
60 Days	1.55%	-1.96%
90 Days	3.86%	-1.19%
12 Months	20.40%	20.33%

2 Overlapping Holdings

	Symbol	Grade	Weight in VAW	Weight in CGW	Overlap
	ECL	D	4.43%	3.96%	3.96%
	HWKN	B	0.15%	0.49%	0.15%

VAW Overweight 114 Positions Relative to CGW

Symbol	Grade	Weight
LIN	D	15.38%
SHW	A	6.06%
APD	A	4.84%
FCX	D	4.54%
NEM	D	3.68%
CTVA	C	2.98%
MLM	B	2.56%
VMC	B	2.54%
DOW	F	2.44%
DD	D	2.43%
NUE	C	2.39%
PPG	F	2.05%
SW	A	1.88%
IFF	D	1.78%
LYB	F	1.59%
PKG	A	1.44%
STLD	B	1.37%
IP	B	1.29%
BALL	D	1.29%
AVY	D	1.17%
RPM	A	1.15%
RS	B	1.15%
AMCR	D	1.13%
CF	B	1.05%
CE	F	0.96%
EMN	D	0.87%
CCK	C	0.79%
ATR	B	0.78%
ALB	C	0.68%
EXP	A	0.68%
AA	B	0.66%
GPK	C	0.61%
X	C	0.61%
MOS	F	0.6%
AXTA	A	0.59%
FMC	D	0.57%
BERY	B	0.56%
RGLD	C	0.5%
CRS	A	0.49%
ATI	D	0.46%
LPX	B	0.45%
ESI	A	0.44%
CLF	F	0.43%
CMC	B	0.43%
CBT	C	0.42%
SUM	B	0.41%
BCPC	B	0.38%
KNF	A	0.37%
SEE	C	0.37%
WLK	D	0.36%
SON	D	0.36%
OLN	D	0.34%
SLGN	A	0.31%
AVNT	B	0.3%
FUL	F	0.28%
ASH	D	0.28%
NEU	C	0.27%
HL	D	0.27%
SMG	D	0.26%
HUN	F	0.25%
HCC	B	0.23%
SLVM	B	0.21%
IOSP	B	0.19%
CC	C	0.19%
SXT	B	0.19%
ARCH	B	0.18%
CDE	D	0.18%
MTX	B	0.17%
MP	B	0.16%
AMR	C	0.16%
MTRN	C	0.15%
KWR	C	0.15%
PRM	C	0.13%
OI	C	0.12%
PCT	C	0.11%
GEF	A	0.11%
SCL	C	0.11%
NGVT	B	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	D	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	D	0.05%
ASIX	A	0.05%
HAYN	C	0.05%
PTVE	B	0.04%
MTUS	C	0.04%
ZEUS	C	0.03%
MYE	F	0.03%
LXU	B	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	D	0.02%
PACK	B	0.02%
METC	C	0.02%
AVD	D	0.01%
TSE	F	0.01%
ORGN	D	0.01%
FEAM	F	0.0%
DNMR	F	0.0%

VAW Underweight 24 Positions Relative to CGW

Symbol	Grade	Weight
AWK	D	-7.93%
XYL	D	-7.3%
VLTO	D	-5.6%
WTRG	B	-4.56%
WMS	D	-3.68%
PNR	A	-3.53%
BMI	B	-2.6%
CNM	D	-2.45%
ZWS	B	-2.25%
AWR	B	-2.01%
CWT	D	-1.9%
WTS	B	-1.75%
FELE	B	-1.69%
MWA	B	-1.53%
VMI	B	-1.38%
SJW	D	-1.04%
WTTR	B	-0.79%
MSEX	B	-0.76%
OTTR	C	-0.67%
LNN	B	-0.54%
ERII	D	-0.46%
CWCO	C	-0.26%
MEG	F	-0.23%
TTI	C	-0.15%