VCEB vs. BLV ETF Comparison

Comparison of Vanguard ESG U.S. Corporate Bond ETF (VCEB) to Vanguard Long-Term Bond ETF (BLV)

VCEB

Vanguard ESG U.S. Corporate Bond ETF

VCEB Description

The investment seeks to track the performance of the Bloomberg Barclays MSCI US Corporate SRI Select Index (the ?index?). The index excludes bonds with maturities of 1 year or less and with less than $750 million outstanding, and is screened for certain environmental, social, and governance (ESG) criteria by the index provider, which is independent of Vanguard. All of the fund?s investments will be selected through the sampling process, and under normal circumstances, at least 80% of the fund?s assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$62.67

Average Daily Volume

37,180

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$70.23

Average Daily Volume

641,994

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

Performance

Period	VCEB	BLV
30 Days	-0.53%	-1.41%
60 Days	-2.92%	-6.48%
90 Days	-1.82%	-5.20%
12 Months	7.35%	6.65%

177 Overlapping Holdings

	Symbol	Grade	Weight in VCEB	Weight in BLV	Overlap
	AAPL	C	0.01%	0.02%	0.01%
	ABBV	F	0.03%	0.02%	0.02%
	ABT	B	0.03%	0.01%	0.01%
	ACGL	C	0.03%	0.01%	0.01%
	ADI	D	0.01%	0.02%	0.01%
	ADM	D	0.02%	0.01%	0.01%
	AFL	B	0.05%	0.01%	0.01%
	AIG	B	0.01%	0.01%	0.01%
	AJG	A	0.02%	0.02%	0.02%
	ALLY	C	0.03%	0.04%	0.03%
	AMAT	F	0.01%	0.01%	0.01%
	AMGN	F	0.01%	0.02%	0.01%
	AMT	C	0.01%	0.01%	0.01%
	AMZN	C	0.01%	0.03%	0.01%
	AON	A	0.01%	0.01%	0.01%
	APD	A	0.02%	0.01%	0.01%
	ARE	F	0.01%	0.01%	0.01%
	AVGO	D	0.02%	0.03%	0.02%
	AWK	C	0.02%	0.01%	0.01%
	AXP	A	0.01%	0.02%	0.01%
	AZN	F	0.02%	0.01%	0.01%
	BABA	D	0.02%	0.02%	0.02%
	BAC	A	0.02%	0.01%	0.01%
	BAX	F	0.02%	0.01%	0.01%
	BDX	F	0.03%	0.01%	0.01%
	BEN	C	0.02%	0.01%	0.01%
	BHF	C	0.03%	0.02%	0.02%
	BIIB	F	0.01%	0.02%	0.01%
	BMY	B	0.03%	0.01%	0.01%
	BSX	A	0.01%	0.01%	0.01%
	BWA	D	0.03%	0.01%	0.01%
	C	A	0.01%	0.01%	0.01%
	CAG	F	0.01%	0.02%	0.01%
	CAH	B	0.02%	0.01%	0.01%
	CARR	C	0.02%	0.04%	0.02%
	CAT	B	0.01%	0.01%	0.01%
	CB	C	0.01%	0.01%	0.01%
	CCI	C	0.01%	0.01%	0.01%
	CF	A	0.02%	0.02%	0.02%
	CFG	B	0.03%	0.01%	0.01%
	CHTR	C	0.02%	0.01%	0.01%
	CI	D	0.01%	0.01%	0.01%
	CMCSA	B	0.01%	0.01%	0.01%
	CME	B	0.02%	0.02%	0.02%
	CMI	A	0.02%	0.01%	0.01%
	CPB	D	0.02%	0.01%	0.01%
	CPT	B	0.04%	0.01%	0.01%
	CRM	B	0.02%	0.03%	0.02%
	CSCO	B	0.02%	0.03%	0.02%
	CVS	D	0.01%	0.01%	0.01%
	DD	C	0.06%	0.04%	0.04%
	DE	B	0.02%	0.01%	0.01%
	DELL	B	0.01%	0.04%	0.01%
	DG	F	0.03%	0.01%	0.01%
	DGX	A	0.03%	0.01%	0.01%
	DHR	F	0.01%	0.01%	0.01%
	DIS	B	0.01%	0.01%	0.01%
	DOC	C	0.03%	0.01%	0.01%
	DOW	F	0.01%	0.01%	0.01%
	DT	D	0.19%	0.01%	0.01%
	EA	A	0.01%	0.01%	0.01%
	EBAY	D	0.01%	0.02%	0.01%
	EG	C	0.03%	0.01%	0.01%
	EMN	C	0.02%	0.01%	0.01%
	EQH	C	0.05%	0.04%	0.04%
	EQIX	A	0.03%	0.01%	0.01%
	EQR	C	0.03%	0.01%	0.01%
	ETN	A	0.03%	0.01%	0.01%
	FDX	B	0.01%	0.01%	0.01%
	FIS	C	0.01%	0.01%	0.01%
	FITB	B	0.02%	0.04%	0.02%
	FOXA	A	0.01%	0.02%	0.01%
	FTV	C	0.03%	0.01%	0.01%
	GILD	C	0.01%	0.01%	0.01%
	GIS	D	0.03%	0.01%	0.01%
	GLW	B	0.02%	0.01%	0.01%
	GM	C	0.01%	0.02%	0.01%
	GOOGL	C	0.02%	0.02%	0.02%
	GPN	B	0.01%	0.02%	0.01%
	GS	A	0.01%	0.01%	0.01%
	GSK	F	0.02%	0.02%	0.02%
	GWW	B	0.04%	0.01%	0.01%
	HAS	D	0.03%	0.01%	0.01%
	HCA	F	0.02%	0.01%	0.01%
	HD	B	0.01%	0.01%	0.01%
	HIG	B	0.02%	0.01%	0.01%
	HPE	B	0.01%	0.04%	0.01%
	HPQ	B	0.01%	0.03%	0.01%
	HRL	D	0.02%	0.01%	0.01%
	HSBC	A	0.02%	0.01%	0.01%
	HUM	C	0.01%	0.01%	0.01%
	IBM	C	0.02%	0.01%	0.01%
	ICE	C	0.01%	0.02%	0.01%
	IFF	D	0.03%	0.01%	0.01%
	INTC	C	0.01%	0.01%	0.01%
	ITW	B	0.03%	0.01%	0.01%
	JNJ	C	0.01%	0.01%	0.01%
	JPM	A	0.01%	0.01%	0.01%
	K	A	0.03%	0.01%	0.01%
	KDP	F	0.01%	0.01%	0.01%
	KLAC	F	0.01%	0.01%	0.01%
	KMB	C	0.04%	0.01%	0.01%
	KO	D	0.01%	0.01%	0.01%
	LEA	F	0.02%	0.02%	0.02%
	LH	B	0.03%	0.01%	0.01%
	LLY	F	0.03%	0.01%	0.01%
	LOW	C	0.01%	0.01%	0.01%
	LRCX	F	0.01%	0.01%	0.01%
	MA	B	0.03%	0.01%	0.01%
	MAR	A	0.01%	0.02%	0.01%
	MCD	D	0.01%	0.01%	0.01%
	MDLZ	F	0.01%	0.02%	0.01%
	MDT	D	0.05%	0.05%	0.05%
	MET	A	0.01%	0.01%	0.01%
	MKC	C	0.02%	0.01%	0.01%
	MLM	C	0.02%	0.01%	0.01%
	MMC	B	0.04%	0.01%	0.01%
	MMM	D	0.01%	0.01%	0.01%
	MOS	F	0.06%	0.01%	0.01%
	MRK	D	0.01%	0.01%	0.01%
	MS	A	0.01%	0.02%	0.01%
	MSFT	D	0.01%	0.01%	0.01%
	MSI	B	0.01%	0.01%	0.01%
	MUFG	B	0.01%	0.01%	0.01%
	NEM	D	0.02%	0.01%	0.01%
	NKE	F	0.01%	0.01%	0.01%
	NVDA	B	0.01%	0.02%	0.01%
	NXPI	D	0.01%	0.01%	0.01%
	O	C	0.02%	0.01%	0.01%
	ORCL	A	0.02%	0.01%	0.01%
	OTIS	C	0.04%	0.01%	0.01%
	PEP	F	0.01%	0.01%	0.01%
	PFE	F	0.01%	0.01%	0.01%
	PG	C	0.01%	0.01%	0.01%
	PGR	A	0.05%	0.01%	0.01%
	PH	A	0.01%	0.01%	0.01%
	PLD	F	0.01%	0.01%	0.01%
	PRU	A	0.01%	0.01%	0.01%
	PYPL	B	0.01%	0.02%	0.01%
	QCOM	F	0.01%	0.01%	0.01%
	REGN	F	0.02%	0.01%	0.01%
	RF	A	0.03%	0.01%	0.01%
	RJF	A	0.02%	0.01%	0.01%
	RPRX	D	0.01%	0.01%	0.01%
	RSG	A	0.01%	0.01%	0.01%
	SBUX	A	0.02%	0.01%	0.01%
	SCHW	B	0.01%	0.01%	0.01%
	SHW	B	0.02%	0.01%	0.01%
	SJM	D	0.03%	0.01%	0.01%
	SPG	A	0.01%	0.01%	0.01%
	SWK	D	0.02%	0.01%	0.01%
	SYK	B	0.01%	0.01%	0.01%
	SYY	D	0.01%	0.01%	0.01%
	T	A	0.01%	0.01%	0.01%
	TGT	F	0.01%	0.01%	0.01%
	TJX	A	0.07%	0.01%	0.01%
	TMO	F	0.01%	0.01%	0.01%
	TMUS	B	0.01%	0.01%	0.01%
	TRV	B	0.02%	0.01%	0.01%
	TSN	B	0.01%	0.01%	0.01%
	TT	A	0.02%	0.01%	0.01%
	TXN	C	0.01%	0.01%	0.01%
	UNH	B	0.01%	0.01%	0.01%
	UPS	C	0.01%	0.01%	0.01%
	V	A	0.02%	0.01%	0.01%
	VMC	B	0.02%	0.02%	0.02%
	VOD	F	0.03%	0.01%	0.01%
	VRSK	A	0.04%	0.01%	0.01%
	VTR	B	0.02%	0.01%	0.01%
	VTRS	A	0.01%	0.02%	0.01%
	VZ	C	0.02%	0.01%	0.01%
	WBA	F	0.02%	0.01%	0.01%
	WELL	A	0.01%	0.01%	0.01%
	WEST	C	0.06%	0.01%	0.01%
	WM	B	0.01%	0.01%	0.01%
	ZBH	C	0.03%	0.01%	0.01%
	ZTS	D	0.01%	0.01%	0.01%

VCEB Overweight 68 Positions Relative to BLV

	Symbol	Grade	Weight
	MTB	A	0.07%
	MCHP	F	0.04%
	LEN	D	0.04%
	NOW	A	0.04%
	STLA	F	0.04%
	AZO	C	0.04%
	CTAS	B	0.04%
	EXPE	B	0.04%
	VRSN	C	0.03%
	CMA	B	0.03%
	BG	D	0.03%
	ROP	B	0.03%
	PWR	A	0.03%
	PPG	F	0.03%
	ORLY	B	0.03%
	AMP	A	0.03%
	NVR	D	0.03%
	NTRS	A	0.03%
	SYF	B	0.03%
	WAB	B	0.03%
	ADP	A	0.03%
	MU	D	0.03%
	HUN	F	0.02%
	HST	C	0.02%
	MCK	A	0.02%
	NTAP	C	0.02%
	A	D	0.02%
	QRVO	F	0.02%
	APH	A	0.02%
	RL	C	0.02%
	UHS	D	0.02%
	XRAY	F	0.02%
	CSL	C	0.02%
	VFC	C	0.02%
	HBAN	A	0.02%
	BLK	B	0.02%
	EFX	F	0.02%
	DLTR	F	0.02%
	BR	A	0.02%
	BKNG	A	0.02%
	OMC	C	0.02%
	DB	D	0.02%
	EXP	B	0.01%
	GLPI	C	0.01%
	WB	D	0.01%
	MRVL	B	0.01%
	BRX	A	0.01%
	KEY	B	0.01%
	DLR	B	0.01%
	USB	A	0.01%
	BXP	C	0.01%
	BMO	A	0.01%
	BK	A	0.01%
	BERY	C	0.01%
	STT	B	0.01%
	CM	A	0.01%
	AER	A	0.01%
	ADBE	C	0.01%
	BNS	A	0.01%
	DFS	B	0.01%
	PNC	B	0.01%
	AL	B	0.01%
	LUV	C	0.01%
	COF	C	0.01%
	TD	D	0.01%
	TFC	A	0.01%
	NWG	A	0.01%
	RY	A	0.01%

VCEB Underweight 165 Positions Relative to BLV

	Symbol	Grade	Weight
	WIT	B	-1.44%
	COST	A	-0.04%
	WY	F	-0.04%
	NUE	C	-0.03%
	SCCO	F	-0.03%
	TAP	C	-0.03%
	HAL	C	-0.03%
	BHP	F	-0.03%
	TEL	B	-0.02%
	OHI	C	-0.02%
	FANG	C	-0.02%
	WU	F	-0.02%
	WHR	B	-0.02%
	VLO	C	-0.02%
	PSX	C	-0.02%
	STLD	B	-0.01%
	WPC	C	-0.01%
	RPM	A	-0.01%
	PECO	A	-0.01%
	AIZ	A	-0.01%
	AGO	B	-0.01%
	AES	F	-0.01%
	CHD	A	-0.01%
	ADC	A	-0.01%
	AAT	B	-0.01%
	CACC	D	-0.01%
	HIW	C	-0.01%
	JD	D	-0.01%
	FRT	B	-0.01%
	FNF	B	-0.01%
	REG	A	-0.01%
	AVA	A	-0.01%
	CHI	A	-0.01%
	UDR	B	-0.01%
	SWX	B	-0.01%
	SIGI	C	-0.01%
	EXR	C	-0.01%
	DRI	B	-0.01%
	XYL	D	-0.01%
	OPI	F	-0.01%
	PDM	D	-0.01%
	JNPR	D	-0.01%
	IDA	A	-0.01%
	MAA	B	-0.01%
	LXP	D	-0.01%
	KRC	B	-0.01%
	KSS	F	-0.01%
	WTRG	B	-0.01%
	ORI	A	-0.01%
	OC	A	-0.01%
	NYC	D	-0.01%
	NWE	B	-0.01%
	KIM	A	-0.01%
	HON	C	-0.01%
	INGR	C	-0.01%
	EOG	A	-0.01%
	DOV	A	-0.01%
	ALB	B	-0.01%
	AFG	A	-0.01%
	APTV	F	-0.01%
	COO	D	-0.01%
	UAL	A	-0.01%
	VOYA	B	-0.01%
	VMI	B	-0.01%
	STE	D	-0.01%
	SNA	A	-0.01%
	ROK	C	-0.01%
	SBRA	C	-0.01%
	NOV	C	-0.01%
	NNN	C	-0.01%
	NDAQ	A	-0.01%
	OGE	A	-0.01%
	LHX	C	-0.01%
	IVZ	B	-0.01%
	HOG	D	-0.01%
	JEF	A	-0.01%
	L	A	-0.01%
	ESS	B	-0.01%
	FE	C	-0.01%
	EE	A	-0.01%
	FMC	D	-0.01%
	AVB	B	-0.01%
	CL	D	-0.01%
	CINF	A	-0.01%
	UNM	A	-0.01%
	PKG	A	-0.01%
	PFG	D	-0.01%
	SPGI	C	-0.01%
	STZ	D	-0.01%
	PEG	A	-0.01%
	WEC	A	-0.01%
	ATO	A	-0.01%
	AEP	C	-0.01%
	AEE	A	-0.01%
	CTS	C	-0.01%
	DTE	C	-0.01%
	EVRG	A	-0.01%
	ALL	A	-0.01%
	JCI	B	-0.01%
	ES	C	-0.01%
	EL	F	-0.01%
	NEE	C	-0.01%
	LNC	C	-0.01%
	OKE	A	-0.01%
	LIN	C	-0.01%
	OGS	A	-0.01%
	MCO	B	-0.01%
	PPL	A	-0.01%
	XEL	A	-0.01%
	MAS	D	-0.01%
	PNW	A	-0.01%
	CMS	C	-0.01%
	BKH	A	-0.01%
	CP	F	-0.01%
	GD	D	-0.01%
	CNP	A	-0.01%
	IPG	D	-0.01%
	IP	A	-0.01%
	JBLU	F	-0.01%
	NI	A	-0.01%
	PAA	B	-0.01%
	MKL	A	-0.01%
	MRO	B	-0.01%
	HSY	F	-0.01%
	WRB	A	-0.01%
	WLK	D	-0.01%
	LNT	A	-0.01%
	KR	B	-0.01%
	EQNR	C	-0.01%
	EIX	B	-0.01%
	ED	C	-0.01%
	ECL	D	-0.01%
	D	C	-0.01%
	CVX	A	-0.01%
	KOF	F	-0.01%
	NSC	B	-0.01%
	LYB	F	-0.01%
	PM	B	-0.01%
	DVN	F	-0.01%
	CSX	C	-0.01%
	EXC	C	-0.01%
	ETR	B	-0.01%
	HES	B	-0.01%
	MPC	D	-0.01%
	SRE	A	-0.01%
	PHM	D	-0.01%
	ET	A	-0.01%
	WMB	A	-0.01%
	LMT	D	-0.01%
	EPD	A	-0.01%
	MPLX	A	-0.01%
	WMT	A	-0.01%
	SO	C	-0.01%
	DUK	C	-0.01%
	KMI	A	-0.01%
	MO	A	-0.01%
	UNP	C	-0.01%
	COP	C	-0.01%
	NOC	D	-0.01%
	RTX	D	-0.01%
	XOM	B	-0.01%
	PCG	A	-0.01%
	WFC	A	-0.01%
	BA	F	-0.01%
	GE	D	-0.01%

VCEB: Top Represented Industries & Keywords

Industries: Banks - Global Drug Manufacturers - Major Banks - Regional - US Semiconductors Packaged Foods Business Services Credit Services Asset Management Chemicals Diagnostics & Research Diversified Industrials Medical Devices Specialty Retail Telecom Services Capital Markets Health Care Plans Insurance - Diversified Insurance - Life Software - Application Beverages - Soft Drinks

Keywords: S&P 500 Nasdaq 100 Bank Dow Jones Component Insurance Banking Computing Investment Bank Financial Products Cash Management Commercial Banking Medicine Insurance Products Real Estate Investment Trust Disability Investment Management Asset Management Services Investment Banking Telecommunications Electronics

BLV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Drug Manufacturers - Major Insurance - Property & Casualty Utilities - Diversified Packaged Foods REIT - Retail Diversified Industrials Specialty Chemicals Insurance - Life Oil & Gas Midstream Semiconductors Banks - Global Capital Markets Credit Services Insurance - Diversified Oil & Gas E&P REIT - Residential Aerospace & Defense Communication Equipment Household & Personal Products

Keywords: S&P 500 Natural Gas Nasdaq 100 Electricity Insurance Dow Jones Component Real Estate Investment Trust Insurance Products Chemical Electronics Bank Computing Disability Medicine Petroleum Industry Crude Oil Financial Products Mining Natural Gas Storage Plastic