VCEB vs. QARP ETF Comparison

Comparison of Vanguard ESG U.S. Corporate Bond ETF (VCEB) to Xtrackers Russell 1000 US QARP ETF (QARP)

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

$64.97

Average Daily Volume

30,605

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.05

Average Daily Volume

19,317

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	VCEB	QARP
30 Days	1.53%	2.54%
60 Days	4.06%	4.48%
90 Days	5.85%	6.03%
12 Months	13.31%	26.63%

110 Overlapping Holdings

Symbol	Grade	Weight in VCEB	Weight in QARP	Overlap
A	C	0.02%	0.1%	0.02%
AAPL	C	0.01%	5.03%	0.01%
ABBV	B	0.03%	0.02%	0.02%
ABT	C	0.03%	0.22%	0.03%
ACGL	B	0.03%	0.27%	0.03%
ADBE	F	0.01%	0.93%	0.01%
ADI	C	0.01%	0.1%	0.01%
ADM	D	0.02%	0.32%	0.02%
ADP	C	0.03%	0.2%	0.03%
AMAT	D	0.01%	0.83%	0.01%
AMGN	D	0.01%	0.03%	0.01%
AMZN	C	0.01%	3.68%	0.01%
AON	B	0.01%	0.32%	0.01%
AZO	B	0.04%	0.34%	0.04%
BIIB	F	0.01%	0.02%	0.01%
BKNG	B	0.02%	0.67%	0.02%
BMY	C	0.03%	0.53%	0.03%
BWA	C	0.03%	0.06%	0.03%
CAH	C	0.02%	0.38%	0.02%
CAT	B	0.01%	0.66%	0.01%
CF	B	0.02%	0.13%	0.02%
CHTR	D	0.02%	0.12%	0.02%
CI	C	0.01%	0.62%	0.01%
CMCSA	C	0.01%	0.82%	0.01%
CMI	B	0.02%	0.23%	0.02%
COF	B	0.01%	0.14%	0.01%
CPB	C	0.02%	0.02%	0.02%
CSCO	B	0.02%	1.8%	0.02%
CSL	B	0.02%	0.05%	0.02%
CTAS	C	0.04%	0.08%	0.04%
CVS	D	0.01%	0.2%	0.01%
DD	B	0.06%	0.02%	0.02%
DE	A	0.02%	0.26%	0.02%
DGX	B	0.03%	0.03%	0.03%
DLTR	F	0.02%	0.08%	0.02%
DOW	C	0.01%	0.08%	0.01%
EA	D	0.01%	0.18%	0.01%
EBAY	B	0.01%	0.09%	0.01%
EG	B	0.03%	0.06%	0.03%
EXP	B	0.01%	0.06%	0.01%
EXPE	C	0.04%	0.14%	0.04%
FDX	D	0.01%	0.35%	0.01%
FOXA	B	0.01%	0.03%	0.01%
GILD	B	0.01%	0.31%	0.01%
GIS	B	0.03%	0.1%	0.03%
GLPI	C	0.01%	0.03%	0.01%
GM	C	0.01%	0.22%	0.01%
GOOGL	D	0.02%	2.24%	0.02%
GWW	B	0.04%	0.25%	0.04%
HCA	B	0.02%	0.32%	0.02%
HD	B	0.01%	1.97%	0.01%
HPQ	C	0.01%	0.08%	0.01%
HST	D	0.02%	0.03%	0.02%
HUM	F	0.01%	0.35%	0.01%
INTC	D	0.01%	0.07%	0.01%
ITW	B	0.03%	0.31%	0.03%
JNJ	C	0.01%	2.59%	0.01%
K	A	0.03%	0.06%	0.03%
KLAC	D	0.01%	0.21%	0.01%
KMB	C	0.04%	0.16%	0.04%
LEA	D	0.02%	0.05%	0.02%
LEN	B	0.04%	0.47%	0.04%
LLY	D	0.03%	0.04%	0.03%
LOW	B	0.01%	0.78%	0.01%
LRCX	D	0.01%	0.48%	0.01%
LUV	C	0.01%	0.1%	0.01%
MA	B	0.03%	1.54%	0.03%
MAR	B	0.01%	0.11%	0.01%
MCD	B	0.01%	0.4%	0.01%
MCHP	D	0.04%	0.04%	0.04%
MCK	F	0.02%	0.98%	0.02%
MMC	C	0.04%	0.58%	0.04%
MMM	B	0.01%	0.12%	0.01%
MOS	F	0.06%	0.05%	0.05%
MRK	F	0.01%	0.39%	0.01%
MSFT	C	0.01%	2.17%	0.01%
MU	D	0.03%	0.32%	0.03%
NKE	D	0.01%	0.34%	0.01%
NTAP	D	0.02%	0.07%	0.02%
NVDA	C	0.01%	0.15%	0.01%
NVR	B	0.03%	0.25%	0.03%
ORCL	B	0.02%	0.04%	0.02%
ORLY	B	0.03%	0.35%	0.03%
OTIS	B	0.04%	0.04%	0.04%
PFE	D	0.01%	0.57%	0.01%
PG	C	0.01%	1.41%	0.01%
PGR	C	0.05%	0.06%	0.05%
PWR	B	0.03%	0.05%	0.03%
PYPL	B	0.01%	0.31%	0.01%
QCOM	D	0.01%	0.28%	0.01%
REGN	D	0.02%	0.39%	0.02%
RL	B	0.02%	0.05%	0.02%
RPRX	C	0.01%	0.03%	0.01%
SBUX	C	0.02%	0.52%	0.02%
SJM	C	0.03%	0.03%	0.03%
SPG	B	0.01%	0.19%	0.01%
SYF	C	0.03%	0.11%	0.03%
SYY	C	0.01%	0.33%	0.01%
T	B	0.01%	0.68%	0.01%
TGT	C	0.01%	0.42%	0.01%
TJX	C	0.07%	0.83%	0.07%
TSN	D	0.01%	0.04%	0.01%
TT	B	0.02%	0.07%	0.02%
TXN	B	0.01%	0.39%	0.01%
UHS	C	0.02%	0.06%	0.02%
UNH	C	0.01%	2.32%	0.01%
UPS	D	0.01%	0.41%	0.01%
V	C	0.02%	1.75%	0.02%
VRSN	C	0.03%	0.06%	0.03%
VZ	A	0.02%	0.72%	0.02%

VCEB Overweight 135 Positions Relative to QARP

Symbol	Grade	Weight
DT	C	0.19%
MTB	C	0.07%
WRK	C	0.06%
AFL	A	0.05%
MDT	B	0.05%
EQH	C	0.05%
NOW	C	0.04%
STLA	F	0.04%
CPT	C	0.04%
VRSK	D	0.04%
FTV	C	0.03%
EQR	C	0.03%
CMA	C	0.03%
BG	F	0.03%
ROP	C	0.03%
RF	B	0.03%
PPG	C	0.03%
DOC	B	0.03%
AMP	B	0.03%
LH	D	0.03%
IFF	A	0.03%
HAS	B	0.03%
NTRS	C	0.03%
BHF	F	0.03%
CFG	D	0.03%
DG	F	0.03%
WAB	B	0.03%
BDX	D	0.03%
ETN	C	0.03%
EQIX	B	0.03%
ZBH	F	0.03%
ALLY	F	0.03%
VOD	C	0.03%
HUN	C	0.02%
HRL	F	0.02%
HIG	B	0.02%
MKC	C	0.02%
AJG	D	0.02%
QRVO	F	0.02%
APH	C	0.02%
BEN	F	0.02%
BAX	C	0.02%
VTR	C	0.02%
VMC	C	0.02%
XRAY	D	0.02%
EMN	B	0.02%
VFC	B	0.02%
RJF	C	0.02%
AWK	C	0.02%
O	B	0.02%
MLM	D	0.02%
HBAN	B	0.02%
BLK	B	0.02%
SWK	B	0.02%
TRV	C	0.02%
EFX	C	0.02%
CME	B	0.02%
WBA	F	0.02%
BR	C	0.02%
SHW	B	0.02%
GLW	B	0.02%
OMC	B	0.02%
NEM	C	0.02%
APD	B	0.02%
FITB	B	0.02%
CRM	C	0.02%
BABA	B	0.02%
DB	B	0.02%
CARR	B	0.02%
IBM	B	0.02%
HSBC	B	0.02%
AVGO	C	0.02%
GSK	D	0.02%
AZN	D	0.02%
BAC	D	0.02%
WM	D	0.01%
WB	C	0.01%
MRVL	D	0.01%
MDLZ	C	0.01%
GPN	D	0.01%
PLD	C	0.01%
PH	B	0.01%
MSI	B	0.01%
RSG	D	0.01%
BRX	C	0.01%
KEY	C	0.01%
ARE	C	0.01%
SCHW	D	0.01%
DLR	B	0.01%
DHR	B	0.01%
ZTS	B	0.01%
NXPI	D	0.01%
MET	B	0.01%
KO	B	0.01%
USB	C	0.01%
BXP	C	0.01%
BSX	B	0.01%
TMO	B	0.01%
BMO	C	0.01%
BK	B	0.01%
BERY	B	0.01%
STT	B	0.01%
AXP	B	0.01%
FIS	C	0.01%
WELL	C	0.01%
CM	B	0.01%
CCI	C	0.01%
AER	C	0.01%
KDP	B	0.01%
CB	B	0.01%
CAG	B	0.01%
BNS	B	0.01%
PRU	C	0.01%
AMT	C	0.01%
DFS	C	0.01%
PNC	C	0.01%
PEP	D	0.01%
AL	C	0.01%
ICE	C	0.01%
HPE	C	0.01%
TD	C	0.01%
SYK	C	0.01%
VTRS	D	0.01%
TFC	D	0.01%
NWG	B	0.01%
MUFG	D	0.01%
AIG	D	0.01%
RY	A	0.01%
C	C	0.01%
DIS	D	0.01%
DELL	C	0.01%
JPM	D	0.01%
TMUS	B	0.01%
GS	B	0.01%
MS	B	0.01%

VCEB Underweight 234 Positions Relative to QARP

Symbol	Grade	Weight
BRK.A	C	-5.27%
META	B	-5.14%
XOM	D	-3.16%
WMT	B	-2.74%
COST	C	-2.33%
GOOG	D	-2.02%
CVX	F	-1.42%
ACN	C	-1.12%
COP	F	-0.78%
LMT	A	-0.77%
ELV	D	-0.64%
TSLA	C	-0.6%
MO	C	-0.59%
PM	C	-0.53%
EOG	D	-0.48%
NUE	D	-0.39%
DHI	C	-0.38%
MCO	C	-0.35%
PSA	C	-0.34%
CNC	D	-0.31%
CTSH	B	-0.29%
ROST	C	-0.28%
KR	B	-0.28%
MPC	F	-0.27%
BBY	A	-0.26%
TROW	C	-0.24%
CL	C	-0.24%
PHM	B	-0.24%
VRTX	D	-0.22%
URI	B	-0.22%
ABNB	D	-0.22%
KVUE	B	-0.21%
STLD	C	-0.21%
PCAR	D	-0.21%
MSCI	C	-0.21%
PAYX	C	-0.19%
BLDR	C	-0.19%
FANG	F	-0.19%
FAST	C	-0.19%
ODFL	D	-0.18%
DVN	F	-0.18%
VLO	F	-0.18%
WSM	C	-0.18%
ISRG	C	-0.17%
ULTA	D	-0.17%
DAL	C	-0.17%
FTNT	B	-0.17%
RS	D	-0.16%
TSCO	B	-0.16%
GEV	B	-0.15%
GEHC	B	-0.15%
LULU	D	-0.15%
DRI	C	-0.14%
LPLA	D	-0.14%
VST	B	-0.14%
SLB	F	-0.14%
MNST	D	-0.14%
EXPD	B	-0.14%
PSX	F	-0.13%
UNP	D	-0.13%
GRMN	D	-0.13%
FCNCA	D	-0.13%
EME	B	-0.13%
MTG	B	-0.12%
KEYS	B	-0.12%
OC	C	-0.12%
ANET	C	-0.12%
LYB	D	-0.11%
CMG	D	-0.11%
MTD	C	-0.11%
MRO	D	-0.11%
SOLV	D	-0.11%
CASY	D	-0.11%
DECK	C	-0.11%
HSY	D	-0.1%
EVR	B	-0.1%
UTHR	B	-0.1%
FDS	C	-0.1%
CPNG	B	-0.1%
DKS	D	-0.1%
SNA	B	-0.1%
BJ	D	-0.1%
CTRA	F	-0.1%
CINF	C	-0.09%
MRNA	F	-0.09%
WY	C	-0.09%
ROK	D	-0.09%
HRB	C	-0.09%
AMG	C	-0.09%
CBRE	B	-0.09%
TPR	A	-0.09%
SWKS	F	-0.09%
PFGC	B	-0.08%
WSO	C	-0.08%
TOL	A	-0.08%
CBOE	C	-0.08%
GPC	D	-0.08%
VICI	C	-0.08%
MAS	B	-0.08%
WST	D	-0.08%
AMD	C	-0.08%
BKR	C	-0.08%
CSX	C	-0.07%
AYI	B	-0.07%
GGG	C	-0.07%
LYV	A	-0.07%
DOX	C	-0.07%
MOH	D	-0.07%
ATO	B	-0.07%
SPGI	C	-0.07%
AOS	B	-0.07%
RNR	B	-0.06%
BLD	C	-0.06%
CHK	C	-0.06%
ADSK	B	-0.06%
INCY	C	-0.06%
ALGN	D	-0.06%
EW	F	-0.06%
AGCO	D	-0.06%
CHRW	B	-0.06%
HAL	F	-0.06%
SKX	C	-0.06%
OXY	F	-0.06%
SEIC	B	-0.06%
UAL	B	-0.06%
RHI	D	-0.06%
CPRT	D	-0.06%
LNG	D	-0.06%
TXT	D	-0.06%
FICO	B	-0.06%
POOL	C	-0.06%
APTV	D	-0.06%
CLX	C	-0.06%
CHRD	F	-0.05%
JBHT	D	-0.05%
PKG	B	-0.05%
HOLX	D	-0.05%
ON	D	-0.05%
ITT	B	-0.05%
JKHY	B	-0.05%
LSTR	D	-0.05%
MUSA	D	-0.05%
FND	C	-0.05%
TXRH	B	-0.05%
JBL	C	-0.05%
MGM	D	-0.05%
MKTX	D	-0.05%
CLF	F	-0.05%
YUM	B	-0.05%
BX	C	-0.05%
FFIV	B	-0.05%
ACI	F	-0.05%
OSK	F	-0.04%
ACM	B	-0.04%
EPAM	F	-0.04%
MEDP	F	-0.04%
USFD	C	-0.04%
JNPR	A	-0.04%
X	F	-0.04%
LPX	B	-0.04%
KNSL	D	-0.04%
CCL	C	-0.04%
CNP	C	-0.04%
AMCR	B	-0.04%
CE	D	-0.04%
WBD	D	-0.04%
TER	C	-0.04%
NYT	B	-0.04%
J	A	-0.04%
LVS	C	-0.04%
ARMK	B	-0.04%
LECO	D	-0.04%
FCX	C	-0.04%
DBX	C	-0.04%
IP	C	-0.04%
CHE	C	-0.04%
FIX	B	-0.04%
COKE	C	-0.04%
GNTX	D	-0.04%
INGR	B	-0.04%
CNM	F	-0.04%
SAIA	D	-0.04%
DCI	C	-0.04%
BURL	C	-0.04%
TTEK	C	-0.03%
APA	F	-0.03%
LKQ	F	-0.03%
WTW	B	-0.03%
LOPE	D	-0.03%
EXEL	C	-0.03%
OVV	F	-0.03%
SSD	C	-0.03%
KNX	C	-0.03%
OLN	D	-0.03%
MHK	B	-0.03%
DPZ	D	-0.03%
HII	F	-0.03%
AAL	D	-0.03%
PVH	D	-0.03%
THO	C	-0.03%
GAP	F	-0.03%
MSM	D	-0.03%
ROL	C	-0.03%
FCN	C	-0.03%
HLI	C	-0.03%
ALSN	B	-0.03%
TAP	D	-0.03%
CRUS	D	-0.03%
VVV	D	-0.03%
PAYC	D	-0.03%
COIN	F	-0.03%
EL	D	-0.03%
PII	D	-0.03%
LAMR	B	-0.03%
ALK	B	-0.03%
CROX	C	-0.03%
WYNN	C	-0.03%
BBWI	D	-0.02%
AR	C	-0.02%
DINO	F	-0.02%
CDNS	D	-0.02%
JHG	B	-0.02%
ALB	D	-0.02%
NEU	D	-0.02%
CDW	D	-0.02%
G	C	-0.02%
RLI	B	-0.02%
FIVE	D	-0.02%
CTVA	B	-0.02%
MTZ	C	-0.02%
M	F	-0.02%
PINC	D	-0.02%
WAT	B	-0.02%
IWB	A	-0.0%