VCEB vs. FMAG ETF Comparison

Comparison of Vanguard ESG U.S. Corporate Bond ETF (VCEB) to Fidelity Magellan ETF (FMAG)

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

$62.45

Average Daily Volume

27,798

Number of Holdings ^*

246

* may have additional holdings in another (foreign) market

FMAG

Fidelity Magellan ETF

FMAG Description

The investment seeks long-term growth of capital. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.93

Average Daily Volume

46,107

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VCEB	FMAG
30 Days	0.90%	5.20%
60 Days	3.20%	12.99%
90 Days	0.81%	6.08%
12 Months	4.40%	40.40%

31 Overlapping Holdings

Symbol	Grade	Weight in VCEB	Weight in FMAG	Overlap
ADP	B	0.03%	1.25%	0.03%
AJG	A	0.02%	1.26%	0.02%
AMZN	B	0.01%	4.75%	0.01%
APH	B	0.02%	1.25%	0.02%
AVGO	B	0.02%	2.42%	0.02%
AZO	C	0.04%	1.22%	0.04%
BSX	A	0.01%	1.41%	0.01%
CTAS	A	0.04%	1.14%	0.04%
DHR	C	0.01%	0.02%	0.01%
ETN	C	0.03%	1.4%	0.03%
GOOGL	B	0.02%	3.52%	0.02%
KLAC	B	0.01%	1.39%	0.01%
LLY	B	0.03%	2.59%	0.03%
LRCX	B	0.01%	1.34%	0.01%
MA	C	0.03%	1.98%	0.03%
MAR	B	0.01%	1.14%	0.01%
MLM	D	0.02%	1.41%	0.02%
MMC	A	0.04%	1.33%	0.04%
MSFT	A	0.01%	8.02%	0.01%
MSI	A	0.01%	1.25%	0.01%
NVDA	B	0.01%	6.06%	0.01%
ORLY	C	0.03%	1.12%	0.03%
PWR	B	0.03%	1.33%	0.03%
SHW	C	0.02%	1.14%	0.02%
TJX	A	0.07%	0.02%	0.02%
TMO	D	0.01%	1.66%	0.01%
UNH	D	0.01%	2.18%	0.01%
V	B	0.02%	2.14%	0.02%
VMC	D	0.02%	1.17%	0.02%
VRSK	A	0.04%	1.08%	0.04%
ZTS	C	0.01%	0.01%	0.01%

VCEB Overweight 215 Positions Relative to FMAG

Symbol	Grade	Weight
DT	F	0.19%
MTB	C	0.07%
MOS	F	0.06%
WRK	B	0.06%
DD	B	0.06%
PGR	C	0.05%
AFL	A	0.05%
MDT	D	0.05%
EQH	A	0.05%
MCHP	C	0.04%
LEN	D	0.04%
KMB	A	0.04%
GWW	C	0.04%
OTIS	B	0.04%
NOW	C	0.04%
STLA	F	0.04%
TCN	A	0.04%
CPT	A	0.04%
EXPE	C	0.04%
FTV	D	0.03%
EQR	A	0.03%
DGX	B	0.03%
VRSN	C	0.03%
CMA	D	0.03%
BWA	F	0.03%
BG	D	0.03%
SJM	D	0.03%
ROP	A	0.03%
RF	C	0.03%
EG	B	0.03%
PPG	D	0.03%
DOC	B	0.03%
AMP	A	0.03%
ACGL	A	0.03%
NVR	D	0.03%
LH	C	0.03%
K	D	0.03%
IFF	B	0.03%
HAS	C	0.03%
NTRS	D	0.03%
BHF	D	0.03%
SYF	C	0.03%
CFG	C	0.03%
GIS	C	0.03%
DG	D	0.03%
WAB	B	0.03%
ITW	D	0.03%
MU	B	0.03%
BDX	C	0.03%
EQIX	C	0.03%
ZBH	F	0.03%
ALLY	B	0.03%
BMY	F	0.03%
ABT	C	0.03%
VOD	B	0.03%
ABBV	B	0.03%
HUN	D	0.02%
HST	D	0.02%
HRL	F	0.02%
HIG	A	0.02%
MKC	F	0.02%
MCK	A	0.02%
LEA	F	0.02%
NTAP	B	0.02%
A	C	0.02%
QRVO	B	0.02%
RL	B	0.02%
BEN	D	0.02%
BAX	D	0.02%
VTR	A	0.02%
UHS	A	0.02%
TT	B	0.02%
CAH	C	0.02%
XRAY	F	0.02%
CSL	B	0.02%
CMI	C	0.02%
EMN	C	0.02%
VFC	C	0.02%
CF	D	0.02%
RJF	C	0.02%
AWK	B	0.02%
O	D	0.02%
HBAN	C	0.02%
BLK	B	0.02%
SWK	D	0.02%
REGN	A	0.02%
TRV	C	0.02%
EFX	B	0.02%
DLTR	F	0.02%
DE	D	0.02%
CME	D	0.02%
WBA	D	0.02%
ADM	D	0.02%
BR	B	0.02%
BKNG	A	0.02%
SBUX	D	0.02%
CPB	C	0.02%
GLW	A	0.02%
OMC	D	0.02%
NEM	B	0.02%
APD	C	0.02%
FITB	C	0.02%
CRM	D	0.02%
BABA	F	0.02%
DB	D	0.02%
CSCO	F	0.02%
CARR	B	0.02%
IBM	C	0.02%
HCA	A	0.02%
HSBC	B	0.02%
GSK	D	0.02%
AZN	B	0.02%
ORCL	A	0.02%
BAC	A	0.02%
CHTR	C	0.02%
VZ	B	0.02%
EXP	D	0.01%
ADI	B	0.01%
GLPI	C	0.01%
EA	B	0.01%
WM	C	0.01%
WB	D	0.01%
MRVL	B	0.01%
MDLZ	D	0.01%
GPN	F	0.01%
PLD	C	0.01%
PH	D	0.01%
AMAT	B	0.01%
RSG	B	0.01%
AON	C	0.01%
BRX	B	0.01%
EBAY	B	0.01%
MMM	B	0.01%
KEY	D	0.01%
RPRX	D	0.01%
ARE	D	0.01%
SCHW	D	0.01%
DLR	B	0.01%
TXN	B	0.01%
NXPI	B	0.01%
MET	C	0.01%
KO	B	0.01%
HUM	C	0.01%
USB	C	0.01%
TSN	C	0.01%
BXP	C	0.01%
BMO	D	0.01%
BK	B	0.01%
BERY	B	0.01%
STT	D	0.01%
AXP	C	0.01%
PYPL	D	0.01%
FIS	B	0.01%
WELL	B	0.01%
CM	D	0.01%
CCI	D	0.01%
AER	B	0.01%
ADBE	C	0.01%
NKE	C	0.01%
MRK	A	0.01%
LOW	C	0.01%
KDP	B	0.01%
HPQ	B	0.01%
CB	B	0.01%
CAT	C	0.01%
CAG	D	0.01%
BNS	D	0.01%
SYY	D	0.01%
SPG	B	0.01%
PRU	B	0.01%
AMT	B	0.01%
FDX	D	0.01%
DOW	D	0.01%
DFS	B	0.01%
PNC	C	0.01%
PFE	C	0.01%
PEP	D	0.01%
AL	C	0.01%
LUV	C	0.01%
ICE	A	0.01%
HPE	B	0.01%
GM	B	0.01%
COF	C	0.01%
CI	C	0.01%
TGT	D	0.01%
TD	F	0.01%
BIIB	C	0.01%
SYK	B	0.01%
VTRS	D	0.01%
TFC	C	0.01%
PG	A	0.01%
AMGN	B	0.01%
NWG	B	0.01%
MUFG	C	0.01%
JNJ	D	0.01%
UPS	D	0.01%
QCOM	B	0.01%
AIG	C	0.01%
MCD	D	0.01%
INTC	F	0.01%
HD	B	0.01%
GILD	C	0.01%
RY	B	0.01%
C	C	0.01%
FOXA	A	0.01%
DIS	C	0.01%
CMCSA	F	0.01%
DELL	B	0.01%
JPM	B	0.01%
AAPL	B	0.01%
TMUS	B	0.01%
GS	B	0.01%
T	A	0.01%
MS	B	0.01%
CVS	D	0.01%

VCEB Underweight 28 Positions Relative to FMAG

Symbol	Grade	Weight
META	B	-3.47%
COST	A	-1.84%
GOOG	B	-1.81%
LIN	B	-1.67%
GE	B	-1.63%
TDG	B	-1.5%
ACN	C	-1.43%
INTU	C	-1.43%
SPGI	B	-1.39%
HEI	B	-1.35%
HLT	A	-1.3%
CDW	C	-1.29%
UBER	B	-1.28%
MCO	A	-1.26%
SNPS	B	-1.24%
URI	C	-1.23%
CPRT	C	-1.23%
ABNB	C	-1.22%
WSO	B	-1.16%
YUM	D	-1.15%
CDNS	B	-1.14%
IT	C	-1.14%
NVO	B	-1.14%
MSCI	D	-1.13%
AME	D	-1.12%
ARES	C	-1.11%
ASML	B	-1.1%
WCN	A	-1.02%