VAW vs. YLDE ETF Comparison

Comparison of Vanguard Materials ETF - DNQ (VAW) to ClearBridge Dividend Strategy ESG ETF (YLDE)

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

$210.42

Average Daily Volume

29,620

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

YLDE

ClearBridge Dividend Strategy ESG ETF

YLDE Description

The investment seeks dividend income, growth of dividend income and long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in dividend-paying stocks or other instruments with similar economic characteristics that offer the potential for income growth and capital appreciation over time and that meet its financial and environmental, social and governance (ESG) criteria. The fund may also invest in companies that the subadviser believes are making substantial progress toward becoming a leader in ESG policies.

Grade (RS Rating)

Last Trade

$52.63

Average Daily Volume

3,147

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VAW	YLDE
30 Days	-0.97%	2.11%
60 Days	1.66%	5.03%
90 Days	3.21%	7.57%
12 Months	19.64%	24.17%

6 Overlapping Holdings

Symbol	Grade	Weight in VAW	Weight in YLDE	Overlap
APD	A	4.84%	1.38%	1.38%
FCX	F	4.54%	0.94%	0.94%
LIN	C	15.38%	2.46%	2.46%
NUE	C	2.39%	0.87%	0.87%
PPG	F	2.05%	0.89%	0.89%
VMC	B	2.54%	2.38%	2.38%

VAW Overweight 110 Positions Relative to YLDE

Symbol	Grade	Weight
SHW	B	6.06%
ECL	D	4.43%
NEM	D	3.68%
CTVA	C	2.98%
MLM	C	2.56%
DOW	F	2.44%
DD	C	2.43%
SW	A	1.88%
IFF	D	1.78%
LYB	F	1.59%
PKG	A	1.44%
STLD	B	1.37%
IP	A	1.29%
BALL	F	1.29%
AVY	F	1.17%
RPM	A	1.15%
RS	B	1.15%
AMCR	C	1.13%
CF	A	1.05%
CE	F	0.96%
EMN	C	0.87%
CCK	D	0.79%
ATR	B	0.78%
ALB	B	0.68%
EXP	B	0.68%
AA	A	0.66%
GPK	C	0.61%
X	B	0.61%
MOS	F	0.6%
AXTA	B	0.59%
FMC	D	0.57%
BERY	C	0.56%
RGLD	C	0.5%
CRS	B	0.49%
ATI	C	0.46%
LPX	B	0.45%
ESI	B	0.44%
CLF	F	0.43%
CMC	B	0.43%
CBT	D	0.42%
SUM	B	0.41%
BCPC	B	0.38%
KNF	B	0.37%
SEE	C	0.37%
WLK	D	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%
NEU	D	0.27%
HL	D	0.27%
SMG	C	0.26%
HUN	F	0.25%
HCC	B	0.23%
SLVM	B	0.21%
IOSP	C	0.19%
CC	C	0.19%
SXT	C	0.19%
ARCH	B	0.18%
CDE	C	0.18%
MTX	B	0.17%
MP	C	0.16%
AMR	C	0.16%
MTRN	C	0.15%
HWKN	B	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	C	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	C	0.05%
ASIX	B	0.05%
HAYN	A	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	B	0.03%
CMP	C	0.03%
PLL	C	0.02%
IPI	C	0.02%
MERC	F	0.02%
KRO	C	0.02%
PACK	B	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 44 Positions Relative to YLDE

Symbol	Grade	Weight
WMB	A	-4.01%
MSFT	D	-3.76%
SRE	A	-3.51%
JPM	A	-3.35%
APO	B	-3.26%
CMCSA	B	-3.03%
TMUS	B	-2.91%
V	A	-2.78%
AVGO	D	-2.73%
TRV	B	-2.73%
BDX	F	-2.73%
KMI	A	-2.42%
ORCL	A	-2.39%
COF	C	-2.1%
AAPL	C	-2.06%
AVB	B	-1.94%
GOOGL	C	-1.91%
KO	D	-1.84%
MET	A	-1.79%
UNP	C	-1.68%
HLN	C	-1.68%
UNH	B	-1.65%
AMT	C	-1.63%
HON	C	-1.61%
WM	B	-1.6%
MRK	D	-1.58%
PG	C	-1.57%
HD	B	-1.52%
SAP	B	-1.5%
EQT	B	-1.4%
EIX	B	-1.37%
PNC	B	-1.33%
JNJ	C	-1.25%
DTE	C	-1.21%
CSCO	B	-1.18%
SBUX	A	-1.15%
AZN	F	-1.12%
PSA	C	-1.02%
AIG	B	-0.88%
GILD	C	-0.81%
GM	C	-0.79%
DIS	B	-0.77%
TXN	C	-0.68%
UPS	C	-0.47%