VCEB vs. RVRB ETF Comparison

Comparison of Vanguard ESG U.S. Corporate Bond ETF (VCEB) to Reverb ETF (RVRB)

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

$62.73

Average Daily Volume

37,148

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.38

Average Daily Volume

212

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

Performance

Period	VCEB	RVRB
30 Days	-0.25%	3.12%
60 Days	-2.76%	5.02%
90 Days	-1.73%	7.06%
12 Months	7.45%	31.49%

198 Overlapping Holdings

Symbol	Grade	Weight in VCEB	Weight in RVRB	Overlap
A	D	0.02%	0.07%	0.02%
AAPL	C	0.01%	5.64%	0.01%
ABBV	D	0.03%	0.52%	0.03%
ABT	B	0.03%	0.35%	0.03%
ADBE	C	0.01%	0.41%	0.01%
ADI	D	0.01%	0.19%	0.01%
ADM	D	0.02%	0.04%	0.02%
ADP	B	0.03%	0.21%	0.03%
AER	B	0.01%	0.04%	0.01%
AFL	B	0.05%	0.11%	0.05%
AIG	B	0.01%	0.09%	0.01%
AJG	B	0.02%	0.11%	0.02%
AMAT	F	0.01%	0.27%	0.01%
AMGN	D	0.01%	0.28%	0.01%
AMP	A	0.03%	0.11%	0.03%
AMT	D	0.01%	0.16%	0.01%
AMZN	C	0.01%	4.4%	0.01%
AON	A	0.01%	0.14%	0.01%
APD	A	0.02%	0.12%	0.02%
APH	A	0.02%	0.16%	0.02%
ARE	D	0.01%	0.03%	0.01%
AVGO	D	0.02%	1.32%	0.02%
AWK	D	0.02%	0.04%	0.02%
AXP	A	0.01%	0.37%	0.01%
BAC	A	0.02%	0.6%	0.02%
BAX	D	0.02%	0.03%	0.02%
BDX	F	0.03%	0.12%	0.03%
BG	F	0.03%	0.01%	0.01%
BIIB	F	0.01%	0.04%	0.01%
BK	A	0.01%	0.1%	0.01%
BKNG	A	0.02%	0.32%	0.02%
BLK	C	0.02%	0.27%	0.02%
BMY	B	0.03%	0.21%	0.03%
BR	A	0.02%	0.04%	0.02%
BSX	B	0.01%	0.24%	0.01%
C	A	0.01%	0.23%	0.01%
CAG	D	0.01%	0.01%	0.01%
CAH	B	0.02%	0.05%	0.02%
CARR	D	0.02%	0.12%	0.02%
CAT	B	0.01%	0.35%	0.01%
CB	C	0.01%	0.2%	0.01%
CCI	D	0.01%	0.08%	0.01%
CF	B	0.02%	0.02%	0.02%
CFG	B	0.03%	0.04%	0.03%
CHTR	C	0.02%	0.1%	0.02%
CI	F	0.01%	0.17%	0.01%
CMCSA	B	0.01%	0.3%	0.01%
CMI	A	0.02%	0.09%	0.02%
COF	B	0.01%	0.12%	0.01%
CPB	D	0.02%	0.01%	0.01%
CRM	B	0.02%	0.55%	0.02%
CSCO	B	0.02%	0.41%	0.02%
CSL	C	0.02%	0.03%	0.02%
CTAS	B	0.04%	0.17%	0.04%
CVS	D	0.01%	0.12%	0.01%
DD	D	0.06%	0.06%	0.06%
DE	A	0.02%	0.2%	0.02%
DELL	C	0.01%	0.16%	0.01%
DFS	B	0.01%	0.08%	0.01%
DG	F	0.03%	0.03%	0.03%
DGX	A	0.03%	0.03%	0.03%
DHR	F	0.01%	0.31%	0.01%
DIS	B	0.01%	0.34%	0.01%
DLR	B	0.01%	0.1%	0.01%
DLTR	F	0.02%	0.02%	0.02%
DOW	F	0.01%	0.06%	0.01%
DT	C	0.19%	0.01%	0.01%
EA	A	0.01%	0.07%	0.01%
EBAY	D	0.01%	0.06%	0.01%
EFX	F	0.02%	0.05%	0.02%
EG	C	0.03%	0.02%	0.02%
EQIX	A	0.03%	0.17%	0.03%
EQR	B	0.03%	0.05%	0.03%
ETN	A	0.03%	0.26%	0.03%
EXPE	B	0.04%	0.05%	0.04%
FDX	B	0.01%	0.13%	0.01%
FIS	C	0.01%	0.09%	0.01%
FTV	C	0.03%	0.05%	0.03%
GILD	C	0.01%	0.2%	0.01%
GIS	D	0.03%	0.06%	0.03%
GLW	B	0.02%	0.07%	0.02%
GM	B	0.01%	0.11%	0.01%
GOOGL	C	0.02%	4.05%	0.02%
GPN	B	0.01%	0.05%	0.01%
GS	A	0.01%	0.34%	0.01%
GWW	B	0.04%	0.08%	0.04%
HBAN	A	0.02%	0.04%	0.02%
HCA	F	0.02%	0.15%	0.02%
HD	A	0.01%	0.75%	0.01%
HIG	B	0.02%	0.06%	0.02%
HPE	B	0.01%	0.05%	0.01%
HPQ	B	0.01%	0.06%	0.01%
HRL	D	0.02%	0.03%	0.02%
HUM	C	0.01%	0.05%	0.01%
IBM	C	0.02%	0.33%	0.02%
ICE	C	0.01%	0.16%	0.01%
IFF	D	0.03%	0.04%	0.03%
INTC	D	0.01%	0.18%	0.01%
ITW	B	0.03%	0.14%	0.03%
JNJ	D	0.01%	0.46%	0.01%
JPM	A	0.01%	1.18%	0.01%
K	A	0.03%	0.05%	0.03%
KDP	D	0.01%	0.08%	0.01%
KEY	B	0.01%	0.02%	0.01%
KLAC	D	0.01%	0.17%	0.01%
KMB	D	0.04%	0.08%	0.04%
KO	D	0.01%	0.5%	0.01%
LEN	D	0.04%	0.08%	0.04%
LH	C	0.03%	0.02%	0.02%
LLY	F	0.03%	1.31%	0.03%
LOW	D	0.01%	0.28%	0.01%
LRCX	F	0.01%	0.19%	0.01%
LUV	C	0.01%	0.04%	0.01%
MA	C	0.03%	0.87%	0.03%
MAR	B	0.01%	0.14%	0.01%
MCD	D	0.01%	0.36%	0.01%
MCHP	D	0.04%	0.06%	0.04%
MCK	B	0.02%	0.16%	0.02%
MDLZ	F	0.01%	0.16%	0.01%
MDT	D	0.05%	0.2%	0.05%
MET	A	0.01%	0.11%	0.01%
MKC	D	0.02%	0.04%	0.02%
MLM	B	0.02%	0.08%	0.02%
MMC	B	0.04%	0.2%	0.04%
MMM	D	0.01%	0.13%	0.01%
MOS	F	0.06%	0.01%	0.01%
MRK	F	0.01%	0.35%	0.01%
MRVL	B	0.01%	0.14%	0.01%
MS	A	0.01%	0.38%	0.01%
MSFT	F	0.01%	6.29%	0.01%
MSI	B	0.01%	0.16%	0.01%
MTB	A	0.07%	0.07%	0.07%
MU	D	0.03%	0.2%	0.03%
NEM	D	0.02%	0.08%	0.02%
NKE	D	0.01%	0.21%	0.01%
NOW	A	0.04%	0.4%	0.04%
NTAP	C	0.02%	0.05%	0.02%
NTRS	A	0.03%	0.04%	0.03%
NVDA	C	0.01%	6.15%	0.01%
NXPI	D	0.01%	0.1%	0.01%
O	D	0.02%	0.09%	0.02%
OMC	C	0.02%	0.03%	0.02%
ORCL	B	0.02%	0.9%	0.02%
ORLY	B	0.03%	0.16%	0.03%
OTIS	C	0.04%	0.07%	0.04%
PEP	F	0.01%	0.39%	0.01%
PFE	D	0.01%	0.25%	0.01%
PG	A	0.01%	0.69%	0.01%
PGR	A	0.05%	0.26%	0.05%
PH	A	0.01%	0.18%	0.01%
PLD	D	0.01%	0.18%	0.01%
PNC	B	0.01%	0.15%	0.01%
PPG	F	0.03%	0.06%	0.03%
PRU	A	0.01%	0.08%	0.01%
PWR	A	0.03%	0.08%	0.03%
PYPL	B	0.01%	0.16%	0.01%
QCOM	F	0.01%	0.32%	0.01%
REGN	F	0.02%	0.15%	0.02%
RF	A	0.03%	0.04%	0.03%
RJF	A	0.02%	0.06%	0.02%
ROP	B	0.03%	0.11%	0.03%
RPRX	D	0.01%	0.01%	0.01%
RSG	A	0.01%	0.12%	0.01%
SBUX	A	0.02%	0.19%	0.02%
SCHW	B	0.01%	0.2%	0.01%
SHW	A	0.02%	0.17%	0.02%
SJM	D	0.03%	0.01%	0.01%
SPG	B	0.01%	0.1%	0.01%
STLA	F	0.04%	0.07%	0.04%
STT	A	0.01%	0.05%	0.01%
SYK	C	0.01%	0.25%	0.01%
SYY	B	0.01%	0.07%	0.01%
T	A	0.01%	0.28%	0.01%
TD	F	0.01%	0.17%	0.01%
TFC	A	0.01%	0.11%	0.01%
TGT	F	0.01%	0.13%	0.01%
TJX	A	0.07%	0.25%	0.07%
TMO	F	0.01%	0.34%	0.01%
TMUS	B	0.01%	0.46%	0.01%
TRV	B	0.02%	0.1%	0.02%
TSN	B	0.01%	0.04%	0.01%
TT	A	0.02%	0.16%	0.02%
TXN	C	0.01%	0.33%	0.01%
UNH	C	0.01%	0.95%	0.01%
UPS	C	0.01%	0.2%	0.01%
USB	A	0.01%	0.14%	0.01%
V	A	0.02%	1.19%	0.02%
VMC	B	0.02%	0.07%	0.02%
VRSK	A	0.04%	0.07%	0.04%
VRSN	F	0.03%	0.04%	0.03%
VTR	C	0.02%	0.04%	0.02%
VZ	C	0.02%	0.29%	0.02%
WAB	B	0.03%	0.06%	0.03%
WBA	F	0.02%	0.01%	0.01%
WELL	A	0.01%	0.15%	0.01%
WM	A	0.01%	0.16%	0.01%
ZBH	C	0.03%	0.04%	0.03%
ZTS	D	0.01%	0.15%	0.01%

VCEB Overweight 47 Positions Relative to RVRB

Symbol	Grade	Weight
WEST	C	0.06%
EQH	B	0.05%
AZO	C	0.04%
CPT	B	0.04%
CMA	A	0.03%
BWA	D	0.03%
DOC	D	0.03%
ACGL	D	0.03%
NVR	D	0.03%
HAS	D	0.03%
BHF	B	0.03%
SYF	B	0.03%
ALLY	C	0.03%
VOD	F	0.03%
HUN	F	0.02%
HST	C	0.02%
LEA	D	0.02%
QRVO	F	0.02%
RL	B	0.02%
BEN	C	0.02%
UHS	D	0.02%
XRAY	F	0.02%
EMN	D	0.02%
VFC	C	0.02%
SWK	D	0.02%
CME	A	0.02%
FITB	A	0.02%
BABA	D	0.02%
DB	D	0.02%
HSBC	B	0.02%
GSK	F	0.02%
AZN	D	0.02%
EXP	A	0.01%
GLPI	C	0.01%
WB	D	0.01%
BRX	A	0.01%
BXP	D	0.01%
BMO	A	0.01%
BERY	B	0.01%
CM	A	0.01%
BNS	A	0.01%
AL	B	0.01%
VTRS	A	0.01%
NWG	C	0.01%
MUFG	B	0.01%
RY	A	0.01%
FOXA	B	0.01%

VCEB Underweight 312 Positions Relative to RVRB

Symbol	Grade	Weight
META	D	-2.4%
BRK.A	B	-1.65%
TSLA	B	-1.62%
WMT	A	-1.23%
XOM	B	-0.9%
COST	B	-0.77%
NFLX	A	-0.64%
CVX	A	-0.52%
WFC	A	-0.45%
AMD	F	-0.39%
ACN	C	-0.39%
LIN	D	-0.38%
INTU	C	-0.36%
PM	B	-0.35%
GE	D	-0.34%
ISRG	A	-0.34%
SPGI	C	-0.29%
NEE	D	-0.27%
RTX	C	-0.27%
UNP	C	-0.26%
UBER	D	-0.26%
PLTR	B	-0.24%
KKR	A	-0.24%
LMT	D	-0.24%
SHOP	B	-0.24%
PANW	C	-0.23%
FI	A	-0.23%
COP	C	-0.23%
BX	A	-0.23%
VRTX	F	-0.22%
ANET	C	-0.22%
HON	B	-0.21%
GEV	B	-0.17%
APO	B	-0.17%
MO	A	-0.17%
SO	D	-0.17%
CDNS	B	-0.16%
ELV	F	-0.16%
CMG	B	-0.16%
TDG	D	-0.16%
APP	B	-0.16%
ABNB	C	-0.15%
FICO	B	-0.15%
DUK	C	-0.15%
SPOT	B	-0.15%
MCO	B	-0.15%
CRWD	B	-0.15%
EOG	A	-0.14%
SNPS	B	-0.14%
BA	F	-0.14%
SCCO	F	-0.14%
COIN	C	-0.13%
CSX	B	-0.13%
ECL	D	-0.13%
NOC	D	-0.13%
CL	D	-0.13%
CEG	D	-0.13%
NU	C	-0.13%
EMR	A	-0.13%
FTNT	C	-0.13%
ADSK	A	-0.12%
MELI	D	-0.12%
EPD	A	-0.12%
WMB	A	-0.12%
WDAY	B	-0.12%
DASH	A	-0.12%
PSA	D	-0.11%
KMI	A	-0.11%
URI	B	-0.11%
PCAR	B	-0.11%
TEAM	A	-0.11%
HLT	A	-0.11%
FCX	D	-0.11%
CPRT	A	-0.1%
PCG	A	-0.1%
PSX	C	-0.1%
MNST	C	-0.1%
NSC	B	-0.1%
JCI	C	-0.1%
SRE	A	-0.1%
ET	A	-0.1%
RCL	A	-0.1%
TTD	B	-0.1%
FLUT	A	-0.09%
ODFL	B	-0.09%
MPLX	A	-0.09%
AME	A	-0.09%
ALL	A	-0.09%
VST	B	-0.09%
AEP	D	-0.09%
SQ	B	-0.09%
MPC	D	-0.09%
PAYX	C	-0.09%
DHI	D	-0.09%
KR	B	-0.08%
BKR	B	-0.08%
STZ	D	-0.08%
VRT	B	-0.08%
MSCI	C	-0.08%
COR	B	-0.08%
F	C	-0.08%
PEG	A	-0.08%
MTD	D	-0.08%
LHX	C	-0.08%
CPNG	D	-0.08%
HWM	A	-0.08%
NDAQ	A	-0.08%
VLO	C	-0.08%
LNG	B	-0.08%
KVUE	A	-0.08%
ROST	C	-0.08%
WCN	A	-0.08%
D	C	-0.08%
HES	B	-0.08%
DDOG	A	-0.08%
FAST	B	-0.08%
OXY	D	-0.08%
IQV	D	-0.07%
LVS	C	-0.07%
CCEP	C	-0.07%
NUE	C	-0.07%
ALNY	D	-0.07%
KHC	F	-0.07%
CBRE	B	-0.07%
GRMN	B	-0.07%
EXC	C	-0.07%
HSY	F	-0.07%
IT	C	-0.07%
GEHC	F	-0.07%
CTVA	C	-0.07%
YUM	B	-0.07%
XEL	A	-0.07%
EW	C	-0.07%
CTSH	B	-0.07%
IR	B	-0.07%
TRGP	B	-0.07%
SNOW	C	-0.07%
DAL	C	-0.07%
ROK	B	-0.06%
WEC	A	-0.06%
CCL	B	-0.06%
BRO	B	-0.06%
CNC	D	-0.06%
ETR	B	-0.06%
LYV	A	-0.06%
IRM	D	-0.06%
TTWO	A	-0.06%
VICI	C	-0.06%
AVB	B	-0.06%
FANG	D	-0.06%
VEEV	C	-0.06%
NET	B	-0.06%
RMD	C	-0.06%
WTW	B	-0.06%
RBLX	C	-0.06%
ED	D	-0.06%
EXR	D	-0.06%
LULU	C	-0.06%
DVN	F	-0.05%
DTE	C	-0.05%
AEE	A	-0.05%
TROW	B	-0.05%
VLTO	D	-0.05%
CDW	F	-0.05%
CPAY	A	-0.05%
GDDY	A	-0.05%
LYB	F	-0.05%
ZM	B	-0.05%
HAL	C	-0.05%
WAT	B	-0.05%
CHD	B	-0.05%
KEYS	A	-0.05%
TW	A	-0.05%
PHM	D	-0.05%
ON	D	-0.05%
DOV	A	-0.05%
IOT	A	-0.05%
DXCM	D	-0.05%
CSGP	D	-0.05%
GOLD	D	-0.05%
TSCO	D	-0.05%
ZS	C	-0.05%
ARES	A	-0.05%
IDXX	F	-0.05%
XYL	D	-0.05%
HEI	B	-0.05%
BBY	D	-0.04%
STLD	B	-0.04%
JBHT	C	-0.04%
BALL	D	-0.04%
J	F	-0.04%
WDC	D	-0.04%
ILMN	D	-0.04%
INVH	D	-0.04%
PTC	A	-0.04%
FOX	A	-0.04%
MPWR	F	-0.04%
ATO	A	-0.04%
MDB	C	-0.04%
STX	D	-0.04%
FSLR	F	-0.04%
CINF	A	-0.04%
PFG	D	-0.04%
AXON	A	-0.04%
MOH	F	-0.04%
TYL	B	-0.04%
ES	D	-0.04%
WY	D	-0.04%
BAH	F	-0.04%
GFS	C	-0.04%
EL	F	-0.04%
STM	F	-0.04%
FE	C	-0.04%
SBAC	D	-0.04%
STE	F	-0.04%
PHG	D	-0.04%
LDOS	C	-0.04%
WST	C	-0.04%
CQP	B	-0.04%
WBD	C	-0.04%
ANSS	B	-0.04%
HUBS	A	-0.04%
PPL	B	-0.04%
ROL	B	-0.04%
DKS	C	-0.03%
MRNA	F	-0.03%
AVY	D	-0.03%
ICLR	D	-0.03%
AVTR	F	-0.03%
ERIE	D	-0.03%
TXT	D	-0.03%
HUBB	B	-0.03%
ALGN	D	-0.03%
UAL	A	-0.03%
MAA	B	-0.03%
MAS	D	-0.03%
TDY	B	-0.03%
CVNA	B	-0.03%
CRBG	B	-0.03%
GPC	D	-0.03%
FDS	B	-0.03%
L	A	-0.03%
CLX	B	-0.03%
DRI	B	-0.03%
WLK	D	-0.03%
WSO	A	-0.03%
PINS	D	-0.03%
TER	D	-0.03%
CHKP	D	-0.03%
CTRA	B	-0.03%
DKNG	B	-0.03%
MT	B	-0.03%
CMS	C	-0.03%
CNP	B	-0.03%
HOLX	D	-0.03%
BLDR	D	-0.03%
PKG	A	-0.02%
YUMC	C	-0.02%
WRB	A	-0.02%
SNAP	C	-0.02%
EQT	B	-0.02%
JBL	B	-0.02%
CHWY	B	-0.02%
PODD	C	-0.02%
WSM	B	-0.02%
BURL	A	-0.02%
NRG	B	-0.02%
IP	B	-0.02%
ESS	B	-0.02%
RS	B	-0.02%
LPLA	A	-0.02%
SW	A	-0.02%
SMCI	F	-0.02%
EXPD	D	-0.02%
SUI	D	-0.02%
AMCR	D	-0.02%
APTV	D	-0.02%
ULTA	F	-0.02%
HOOD	B	-0.02%
CELH	F	-0.01%
IEP	F	-0.01%
ETSY	D	-0.01%
FMC	D	-0.01%
U	C	-0.01%
ENPH	F	-0.01%
AAL	B	-0.01%
AES	F	-0.01%
SIRI	C	-0.01%
RIVN	F	-0.01%
CE	F	-0.01%
MGM	D	-0.01%
EXAS	D	-0.01%
OKTA	C	-0.01%
LKQ	D	-0.01%
LW	C	-0.01%
WPC	D	-0.01%
SWKS	F	-0.01%
AKAM	D	-0.01%
AGR	B	-0.01%
CNH	C	-0.01%
BSY	D	-0.01%
BMRN	D	-0.01%
ALB	C	-0.01%
TRMB	B	-0.01%
PAYC	B	-0.01%
IEX	B	-0.01%
MRO	B	-0.01%
RVTY	F	-0.01%
INCY	C	-0.01%
WMG	C	-0.01%
FTRE	D	-0.0%
LCID	F	-0.0%