VCIT vs. USMV ETF Comparison

Comparison of Vanguard Intermediate-Term Corporate Bond ETF (VCIT) to iShares MSCI USA Minimum Volatility ETF (USMV)

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. 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 included in the index.

Grade (RS Rating)

Last Trade

$81.56

Average Daily Volume

7,131,218

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$92.63

Average Daily Volume

1,803,046

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	VCIT	USMV
30 Days	-0.92%	1.97%
60 Days	-1.43%	4.17%
90 Days	0.80%	7.17%
12 Months	11.60%	27.67%

114 Overlapping Holdings

Symbol	Grade	Weight in VCIT	Weight in USMV	Overlap
AAPL	B	0.01%	0.98%	0.01%
ABBV	B	0.13%	1.29%	0.13%
ABT	C	0.02%	0.09%	0.02%
ACGL	D	0.03%	0.69%	0.03%
ADI	B	0.04%	0.25%	0.04%
ADP	A	0.04%	0.09%	0.04%
AEE	C	0.01%	0.23%	0.01%
AEP	D	0.01%	0.4%	0.01%
AFG	C	0.02%	0.33%	0.02%
AIZ	B	0.02%	0.28%	0.02%
AMGN	D	0.01%	0.68%	0.01%
AMZN	A	0.09%	0.13%	0.09%
AON	B	0.01%	0.52%	0.01%
APH	A	0.02%	1.4%	0.02%
ATO	B	0.02%	0.05%	0.02%
AVGO	B	0.01%	1.23%	0.01%
AZO	C	0.03%	0.95%	0.03%
BDX	F	0.03%	0.6%	0.03%
BMY	B	0.03%	0.46%	0.03%
BR	B	0.04%	0.05%	0.04%
CB	D	0.01%	1.46%	0.01%
CBOE	C	0.02%	0.88%	0.02%
CHD	C	0.02%	0.38%	0.02%
CI	F	0.02%	0.21%	0.02%
CMCSA	B	0.02%	0.41%	0.02%
CME	C	0.03%	0.53%	0.03%
CMS	D	0.02%	0.2%	0.02%
CPB	F	0.03%	0.36%	0.03%
CRM	B	0.07%	0.05%	0.05%
CTVA	C	0.02%	0.4%	0.02%
CVS	F	0.02%	0.05%	0.02%
CVX	B	0.01%	0.33%	0.01%
D	C	0.01%	0.24%	0.01%
DELL	C	0.04%	0.12%	0.04%
DGX	B	0.01%	0.1%	0.01%
DTE	D	0.01%	0.2%	0.01%
DUK	D	0.01%	1.5%	0.01%
EA	A	0.04%	0.82%	0.04%
ED	D	0.01%	1.18%	0.01%
EOG	C	0.05%	0.15%	0.05%
FANG	F	0.04%	0.55%	0.04%
GD	C	0.01%	0.06%	0.01%
GILD	A	0.01%	0.98%	0.01%
GIS	F	0.04%	0.73%	0.04%
GOOG	B	0.01%	0.16%	0.01%
HD	B	0.03%	0.29%	0.03%
HIG	D	0.03%	0.12%	0.03%
HON	B	0.01%	0.23%	0.01%
HRL	F	0.01%	0.22%	0.01%
HSY	F	0.01%	0.32%	0.01%
HUM	F	0.01%	0.38%	0.01%
IBM	D	0.01%	1.67%	0.01%
ICE	D	0.03%	0.28%	0.03%
JNJ	D	0.01%	1.25%	0.01%
JNPR	B	0.03%	0.5%	0.03%
K	B	0.02%	0.82%	0.02%
KDP	F	0.03%	0.63%	0.03%
KEYS	A	0.03%	0.56%	0.03%
KMB	F	0.02%	0.21%	0.02%
KO	F	0.01%	0.1%	0.01%
KR	B	0.01%	0.6%	0.01%
L	B	0.04%	0.27%	0.04%
LIN	D	0.03%	0.17%	0.03%
LLY	F	0.03%	1.42%	0.03%
LMT	D	0.04%	0.86%	0.04%
LNT	D	0.01%	0.09%	0.01%
MA	B	0.03%	0.69%	0.03%
MCD	D	0.01%	1.28%	0.01%
MDLZ	F	0.02%	0.48%	0.02%
MDT	C	0.02%	0.14%	0.02%
MKL	B	0.01%	0.32%	0.01%
MMC	D	0.04%	1.12%	0.04%
MPC	F	0.04%	0.5%	0.04%
MRK	F	0.06%	1.09%	0.06%
MSFT	C	0.23%	1.33%	0.23%
MSI	B	0.02%	1.71%	0.02%
NEM	D	0.05%	0.49%	0.05%
NOC	D	0.02%	1.5%	0.02%
NOW	A	0.07%	0.7%	0.07%
NTAP	C	0.03%	0.21%	0.03%
NVDA	A	0.06%	0.62%	0.06%
ORCL	A	0.02%	1.19%	0.02%
ORLY	B	0.01%	0.65%	0.01%
OTIS	B	0.04%	0.07%	0.04%
PEP	F	0.02%	1.09%	0.02%
PFE	F	0.03%	0.23%	0.03%
PG	F	0.04%	1.21%	0.04%
PGR	B	0.01%	1.61%	0.01%
PKG	B	0.02%	0.2%	0.02%
PSX	F	0.04%	0.05%	0.04%
REGN	F	0.06%	0.68%	0.06%
ROP	B	0.03%	1.3%	0.03%
RSG	B	0.01%	1.48%	0.01%
RTX	D	0.01%	0.09%	0.01%
SO	D	0.02%	1.38%	0.02%
T	C	0.05%	0.74%	0.05%
TDY	B	0.03%	0.56%	0.03%
TEL	B	0.03%	0.07%	0.03%
TJX	C	0.01%	0.43%	0.01%
TMUS	B	0.09%	1.89%	0.09%
TSN	D	0.06%	0.67%	0.06%
TXN	A	0.02%	1.43%	0.02%
UNH	B	0.01%	1.34%	0.01%
V	A	0.03%	0.85%	0.03%
VLO	D	0.03%	0.04%	0.03%
VRSK	B	0.06%	0.42%	0.06%
VRSN	C	0.04%	0.64%	0.04%
VZ	D	0.04%	1.35%	0.04%
WEC	C	0.01%	0.76%	0.01%
WM	B	0.01%	1.43%	0.01%
WMB	A	0.01%	0.27%	0.01%
WMT	B	0.01%	1.71%	0.01%
XEL	B	0.01%	0.45%	0.01%
XOM	B	0.01%	0.45%	0.01%

VCIT Overweight 374 Positions Relative to USMV

Symbol	Grade	Weight
DT	C	0.28%
WIT	B	0.15%
AXP	B	0.11%
DD	C	0.1%
BIIB	F	0.07%
RJF	B	0.07%
MET	B	0.07%
DLTR	F	0.07%
DB	B	0.07%
COST	B	0.07%
BABA	C	0.07%
HAL	D	0.06%
KOF	F	0.06%
CHTR	B	0.06%
ADM	F	0.05%
BMO	B	0.05%
ARCC	B	0.05%
ZBH	C	0.05%
PWR	A	0.05%
STE	F	0.05%
QRVO	F	0.05%
SLB	D	0.05%
LDOS	B	0.05%
IEX	B	0.05%
CTAS	A	0.05%
CAH	A	0.05%
TD	F	0.05%
NVR	D	0.05%
MRO	C	0.05%
SYY	C	0.05%
ADBE	F	0.05%
BHF	B	0.05%
PH	B	0.05%
EXPE	A	0.05%
AZN	F	0.05%
PYPL	B	0.05%
HCA	D	0.05%
INTC	C	0.05%
NWG	B	0.05%
QCOM	C	0.05%
GS	B	0.05%
DHR	F	0.04%
CMI	B	0.04%
AGR	D	0.04%
BEN	C	0.04%
AMG	C	0.04%
URI	B	0.04%
UHS	D	0.04%
XRAY	F	0.04%
MOS	C	0.04%
MTB	B	0.04%
ITW	B	0.04%
INVH	F	0.04%
KLAC	F	0.04%
EXP	B	0.04%
CNH	B	0.04%
LVS	C	0.04%
EBAY	D	0.04%
PAA	C	0.04%
LRCX	D	0.04%
HPQ	B	0.04%
AER	B	0.04%
AMAT	D	0.04%
BLK	B	0.04%
WAB	B	0.04%
MPLX	B	0.04%
NKE	F	0.04%
ET	B	0.04%
VTRS	B	0.04%
GOOGL	B	0.04%
GSK	F	0.04%
CARR	D	0.04%
GE	D	0.04%
VOD	D	0.04%
MRVL	A	0.03%
KEX	C	0.03%
HRB	C	0.03%
INGR	B	0.03%
ILMN	A	0.03%
JBL	B	0.03%
KSS	F	0.03%
FHN	B	0.03%
EMN	D	0.03%
FAF	D	0.03%
AYI	B	0.03%
ADSK	A	0.03%
BNS	A	0.03%
BERY	C	0.03%
TSCO	C	0.03%
SWKS	F	0.03%
RF	B	0.03%
SBRA	B	0.03%
NDAQ	B	0.03%
HP	C	0.03%
JD	C	0.03%
DXC	B	0.03%
FLS	B	0.03%
EW	F	0.03%
DOX	A	0.03%
ETN	B	0.03%
BC	C	0.03%
CNO	B	0.03%
CMA	B	0.03%
AGO	B	0.03%
CHRW	B	0.03%
ARW	F	0.03%
AAT	B	0.03%
BDN	C	0.03%
WB	C	0.03%
ZION	B	0.03%
VNT	B	0.03%
TRMB	B	0.03%
RPM	A	0.03%
PHM	D	0.03%
RL	B	0.03%
SCS	C	0.03%
SON	F	0.03%
SNX	B	0.03%
RGA	C	0.03%
HST	C	0.03%
DAL	B	0.03%
CSL	C	0.03%
FMC	D	0.03%
SWK	F	0.03%
TT	B	0.03%
VFC	B	0.03%
SJM	F	0.03%
CFG	B	0.03%
OMC	B	0.03%
EFX	D	0.03%
WTRG	C	0.03%
LYB	F	0.03%
O	D	0.03%
MU	C	0.03%
GLPI	D	0.03%
FLEX	A	0.03%
FITB	B	0.03%
FIS	C	0.03%
BG	F	0.03%
SYF	B	0.03%
NI	B	0.03%
CCI	D	0.03%
TMO	F	0.03%
UPS	C	0.03%
NXPI	D	0.03%
SRE	A	0.03%
DG	F	0.03%
DLR	C	0.03%
AMT	F	0.03%
BKNG	B	0.03%
EPD	A	0.03%
COF	B	0.03%
FOXA	B	0.03%
MUFG	B	0.03%
DIS	C	0.03%
BA	F	0.03%
UNM	B	0.02%
TME	C	0.02%
R	B	0.02%
SKT	A	0.02%
SITC	F	0.02%
RS	B	0.02%
ROST	F	0.02%
SAFE	F	0.02%
AVT	B	0.02%
CINF	B	0.02%
BKU	B	0.02%
CE	F	0.02%
AN	D	0.02%
AMH	D	0.02%
NVT	B	0.02%
GPC	F	0.02%
HR	D	0.02%
IFF	F	0.02%
GXO	B	0.02%
EPRT	D	0.02%
DHI	D	0.02%
FTNT	A	0.02%
FRT	C	0.02%
WU	F	0.02%
TKR	F	0.02%
RYN	C	0.02%
SF	B	0.02%
NOV	D	0.02%
NHI	D	0.02%
MHK	D	0.02%
DOV	A	0.02%
DSS	F	0.02%
WBS	B	0.02%
WBA	D	0.02%
VOYA	B	0.02%
VNO	A	0.02%
FSK	A	0.02%
EXR	D	0.02%
DRI	B	0.02%
OSK	B	0.02%
LII	A	0.02%
MCY	B	0.02%
PDM	B	0.02%
OC	B	0.02%
LEG	F	0.02%
LAZ	B	0.02%
KIM	B	0.02%
KRC	B	0.02%
AVY	F	0.02%
REG	B	0.02%
PRE	F	0.02%
MAS	D	0.02%
LNC	B	0.02%
MCO	D	0.02%
NUE	C	0.02%
INTU	A	0.02%
JCI	A	0.02%
H	C	0.02%
BBY	D	0.02%
ALLE	D	0.02%
ALL	C	0.02%
BAX	F	0.02%
AVB	C	0.02%
WPC	F	0.02%
PFG	C	0.02%
SPGI	D	0.02%
PPG	F	0.02%
GL	C	0.02%
EQR	D	0.02%
EPR	D	0.02%
EL	F	0.02%
FNF	D	0.02%
ZTS	F	0.02%
CP	F	0.02%
XYL	F	0.02%
VMC	B	0.02%
LEA	F	0.02%
HUN	F	0.02%
CNP	B	0.02%
BRO	B	0.02%
BIDU	D	0.02%
AWK	D	0.02%
AES	F	0.02%
A	C	0.02%
VTR	C	0.02%
PRU	B	0.02%
PM	C	0.02%
MMM	C	0.02%
KEY	B	0.02%
ESGR	B	0.02%
HBAN	A	0.02%
EQIX	B	0.02%
FDX	B	0.02%
APD	B	0.02%
NTRS	B	0.02%
IPG	F	0.02%
CPT	D	0.02%
CAT	B	0.02%
SYK	B	0.02%
STLD	B	0.02%
CSX	C	0.02%
TGT	F	0.02%
UNP	D	0.02%
RPRX	F	0.02%
GM	A	0.02%
HES	C	0.02%
JEF	B	0.02%
TFC	B	0.02%
STZ	F	0.02%
SHW	C	0.02%
SBUX	C	0.02%
GPN	C	0.02%
BXP	C	0.02%
AIG	B	0.02%
MO	B	0.02%
C	B	0.02%
GBDC	B	0.01%
SAVE	D	0.01%
OCSL	F	0.01%
SNA	A	0.01%
PNR	B	0.01%
PSEC	C	0.01%
NEU	C	0.01%
OGS	C	0.01%
APTV	F	0.01%
KRG	B	0.01%
WTFC	B	0.01%
CBT	A	0.01%
KMT	B	0.01%
WLK	F	0.01%
THG	B	0.01%
CHH	B	0.01%
ADC	D	0.01%
KMPR	B	0.01%
PNW	C	0.01%
ROK	B	0.01%
RNR	C	0.01%
AAL	C	0.01%
HUBB	B	0.01%
LXP	D	0.01%
NFG	C	0.01%
OPI	F	0.01%
NSC	B	0.01%
HPP	F	0.01%
CUBE	D	0.01%
DVN	F	0.01%
BKH	D	0.01%
UDR	D	0.01%
TXT	D	0.01%
SWX	B	0.01%
PSA	D	0.01%
OGE	A	0.01%
GP	F	0.01%
HIW	C	0.01%
FLO	F	0.01%
AXS	B	0.01%
PEG	C	0.01%
REXR	F	0.01%
EVRG	B	0.01%
ETR	B	0.01%
CNA	D	0.01%
CLX	C	0.01%
AAP	F	0.01%
SUI	F	0.01%
NNN	F	0.01%
LH	A	0.01%
HII	F	0.01%
EMR	A	0.01%
EIX	D	0.01%
AL	B	0.01%
MLM	B	0.01%
OHI	C	0.01%
HAS	D	0.01%
ESS	C	0.01%
ES	D	0.01%
AMCR	D	0.01%
WELL	B	0.01%
MAA	D	0.01%
MKC	D	0.01%
ARE	F	0.01%
DOC	B	0.01%
SPG	B	0.01%
DE	B	0.01%
BWA	C	0.01%
STT	B	0.01%
WHR	B	0.01%
PLD	F	0.01%
LHX	B	0.01%
USB	B	0.01%
WY	D	0.01%
OKE	A	0.01%
DFS	B	0.01%
KMI	A	0.01%
ECL	D	0.01%
DOW	F	0.01%
BK	B	0.01%
WEST	D	0.01%
BSX	B	0.01%
BRX	B	0.01%
SCHW	B	0.01%
MAR	A	0.01%
LEN	D	0.01%
EXC	D	0.01%
EQH	B	0.01%
CAG	F	0.01%
AFL	D	0.01%
LOW	B	0.01%
PNC	A	0.01%
COP	D	0.01%
NEE	D	0.01%
LUV	B	0.01%
UAL	B	0.01%
MS	B	0.01%
WFC	B	0.01%
HSBC	A	0.01%
PCG	B	0.01%
JPM	B	0.01%
BAC	B	0.01%

VCIT Underweight 56 Positions Relative to USMV

Symbol	Grade	Weight
BRK.A	C	-1.52%
WCN	C	-1.49%
CSCO	A	-1.45%
ACN	B	-1.28%
AJG	C	-1.23%
MCK	B	-1.18%
TRV	B	-1.1%
GDDY	A	-0.88%
FCNCA	B	-0.78%
CTSH	B	-0.75%
VRTX	B	-0.74%
COR	B	-0.66%
FI	B	-0.66%
INCY	A	-0.58%
FFIV	B	-0.55%
ELV	F	-0.55%
BAH	C	-0.52%
FICO	A	-0.52%
YUM	C	-0.51%
PTC	B	-0.51%
UBER	D	-0.48%
AKAM	C	-0.46%
CL	F	-0.42%
KHC	F	-0.42%
EG	F	-0.42%
ERIE	D	-0.42%
WDAY	C	-0.4%
CDW	F	-0.39%
WTW	A	-0.37%
GEN	B	-0.35%
ROL	D	-0.35%
NBIX	C	-0.34%
IT	A	-0.34%
GRMN	A	-0.32%
FWONK	C	-0.32%
GLW	B	-0.32%
WRB	B	-0.3%
ANET	A	-0.3%
ALNY	C	-0.26%
BMRN	F	-0.24%
AZPN	B	-0.22%
HUBS	B	-0.21%
MOH	D	-0.21%
TW	B	-0.19%
MELI	D	-0.19%
SNPS	B	-0.18%
DPZ	C	-0.18%
CRWD	C	-0.17%
STX	C	-0.17%
CDNS	B	-0.17%
HOLX	D	-0.17%
UTHR	A	-0.14%
OXY	F	-0.12%
FSLR	F	-0.07%
KNX	B	-0.06%
ULTA	C	-0.05%