VCSH vs. ACWV ETF Comparison

Comparison of Vanguard Short-Term Corporate Bond ETF (VCSH) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

VCSH

Vanguard Short-Term Corporate Bond ETF

VCSH Description

The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 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 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$78.42

Average Daily Volume

2,792,762

Number of Holdings ^*

443

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. 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. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$114.30

Average Daily Volume

117,990

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	VCSH	ACWV
30 Days	-0.10%	0.32%
60 Days	-0.93%	-0.25%
90 Days	0.07%	1.23%
12 Months	6.91%	18.77%

79 Overlapping Holdings

Symbol	Grade	Weight in VCSH	Weight in ACWV	Overlap
ABBV	D	0.02%	0.49%	0.02%
ABT	B	0.02%	0.1%	0.02%
AEE	A	0.01%	0.11%	0.01%
AEP	D	0.01%	0.07%	0.01%
AIZ	A	0.02%	0.13%	0.02%
AMGN	D	0.01%	0.34%	0.01%
AON	A	0.01%	0.35%	0.01%
APH	A	0.02%	0.54%	0.02%
AZO	C	0.01%	0.77%	0.01%
BDX	F	0.02%	0.22%	0.02%
BMY	B	0.02%	0.25%	0.02%
BRO	B	0.02%	0.3%	0.02%
CAG	D	0.01%	0.05%	0.01%
CAH	B	0.02%	0.18%	0.02%
CB	C	0.03%	0.88%	0.03%
CF	B	0.02%	0.25%	0.02%
CHD	B	0.01%	0.46%	0.01%
CI	F	0.01%	0.24%	0.01%
CL	D	0.01%	0.35%	0.01%
CME	A	0.03%	0.23%	0.03%
CMS	C	0.01%	0.16%	0.01%
CPB	D	0.02%	0.22%	0.02%
CSCO	B	0.02%	1.57%	0.02%
CTVA	C	0.02%	0.12%	0.02%
DGX	A	0.02%	0.15%	0.02%
DUK	C	0.01%	0.81%	0.01%
EA	A	0.02%	0.63%	0.02%
ED	D	0.01%	0.84%	0.01%
FANG	D	0.02%	0.06%	0.02%
GD	F	0.02%	0.18%	0.02%
GILD	C	0.04%	0.48%	0.04%
GIS	D	0.03%	0.61%	0.03%
HRL	D	0.03%	0.23%	0.03%
HSY	F	0.01%	0.44%	0.01%
HUM	C	0.02%	0.31%	0.02%
IBM	C	0.02%	0.73%	0.02%
JNJ	D	0.02%	1.05%	0.02%
JNPR	F	0.03%	0.32%	0.03%
K	A	0.02%	0.57%	0.02%
KDP	D	0.02%	0.36%	0.02%
KEYS	A	0.02%	0.41%	0.02%
KMB	D	0.01%	0.3%	0.01%
KO	D	0.06%	0.05%	0.05%
KR	B	0.02%	0.83%	0.02%
L	A	0.02%	0.4%	0.02%
LLY	F	0.02%	0.52%	0.02%
LMT	D	0.05%	0.23%	0.05%
MA	C	0.04%	0.19%	0.04%
MCD	D	0.01%	1.02%	0.01%
MCK	B	0.01%	1.42%	0.01%
MDLZ	F	0.01%	0.25%	0.01%
MMC	B	0.01%	0.88%	0.01%
MPC	D	0.03%	0.15%	0.03%
MRK	F	0.04%	1.06%	0.04%
MSFT	F	0.04%	0.76%	0.04%
MSI	B	0.03%	1.88%	0.03%
NEM	D	0.01%	0.09%	0.01%
NOC	D	0.05%	0.77%	0.05%
ORCL	B	0.05%	0.54%	0.05%
ORLY	B	0.01%	0.62%	0.01%
PCG	A	0.01%	0.1%	0.01%
PEP	F	0.02%	1.08%	0.02%
PG	A	0.01%	0.82%	0.01%
ROP	B	0.01%	1.36%	0.01%
RSG	A	0.01%	1.19%	0.01%
SO	D	0.01%	0.8%	0.01%
T	A	0.01%	0.26%	0.01%
TDY	B	0.02%	0.11%	0.02%
TJX	A	0.04%	0.37%	0.04%
TMUS	B	0.04%	2.03%	0.04%
TSN	B	0.01%	0.32%	0.01%
UNH	C	0.01%	0.83%	0.01%
V	A	0.13%	0.59%	0.13%
VZ	C	0.06%	0.76%	0.06%
WEC	A	0.02%	0.68%	0.02%
WM	A	0.02%	1.5%	0.02%
WMT	A	0.02%	1.82%	0.02%
XEL	A	0.01%	0.11%	0.01%
XOM	B	0.02%	0.1%	0.02%

VCSH Overweight 364 Positions Relative to ACWV

Symbol	Grade	Weight
TAP	C	0.1%
CARR	D	0.09%
MDT	D	0.08%
BIIB	F	0.08%
DD	D	0.08%
STLA	F	0.07%
OTIS	C	0.07%
ETN	A	0.07%
CHTR	C	0.07%
COST	B	0.06%
KLAC	D	0.06%
OMC	C	0.06%
WBA	F	0.06%
AIG	B	0.06%
HCA	F	0.06%
VRSK	A	0.05%
ADP	B	0.05%
ADM	D	0.05%
CRM	B	0.05%
DLTR	F	0.05%
BLK	C	0.05%
NI	A	0.05%
HPQ	B	0.05%
TGT	F	0.05%
NTRS	A	0.04%
ITW	B	0.04%
FTV	C	0.04%
VFC	C	0.04%
WLK	D	0.04%
RF	A	0.04%
WB	D	0.04%
ARCC	A	0.04%
ZTS	D	0.04%
FOXA	B	0.04%
RPRX	D	0.04%
QCOM	F	0.04%
GSK	F	0.04%
AZN	D	0.04%
GOOGL	C	0.04%
AMZN	C	0.04%
JBHT	C	0.03%
DLR	B	0.03%
EMN	D	0.03%
AMAT	F	0.03%
FDX	B	0.03%
EL	F	0.03%
WAB	B	0.03%
SWKS	F	0.03%
APTV	D	0.03%
AGR	B	0.03%
JD	D	0.03%
HAS	D	0.03%
MHK	D	0.03%
NUE	C	0.03%
DXC	B	0.03%
WAL	B	0.03%
ATO	A	0.03%
BAX	D	0.03%
CNO	A	0.03%
SPGI	C	0.03%
SNX	C	0.03%
PVH	C	0.03%
PHM	D	0.03%
BXP	D	0.03%
ADBE	C	0.03%
GLPI	C	0.03%
JEF	A	0.03%
HAL	C	0.03%
BG	F	0.03%
SYY	B	0.03%
SWK	D	0.03%
SYF	B	0.03%
PRU	A	0.03%
MOS	F	0.03%
MU	D	0.03%
EBAY	D	0.03%
PYPL	B	0.03%
PFE	D	0.03%
STT	A	0.03%
VLO	C	0.03%
WMB	A	0.03%
GPN	B	0.03%
DIS	B	0.03%
EPD	A	0.03%
MPLX	A	0.03%
FIS	C	0.03%
BERY	B	0.03%
AER	B	0.03%
AXP	A	0.03%
VTRS	A	0.03%
INTC	D	0.03%
FITB	A	0.03%
HPE	B	0.03%
CMCSA	B	0.03%
MS	A	0.03%
AAPL	C	0.03%
WPC	D	0.02%
SKT	B	0.02%
RL	B	0.02%
THG	A	0.02%
UNM	A	0.02%
VNT	B	0.02%
STLD	B	0.02%
BKU	A	0.02%
CDNS	B	0.02%
A	D	0.02%
BEN	C	0.02%
CPT	B	0.02%
GBDC	C	0.02%
BC	C	0.02%
ALLE	D	0.02%
HST	C	0.02%
HP	B	0.02%
HOG	D	0.02%
INTU	C	0.02%
JCI	C	0.02%
GXO	B	0.02%
KMPR	B	0.02%
EQH	B	0.02%
FTNT	C	0.02%
FRT	B	0.02%
NNN	D	0.02%
SF	B	0.02%
PSA	D	0.02%
SBRA	C	0.02%
TSLX	C	0.02%
VNO	B	0.02%
BKH	A	0.02%
DOV	A	0.02%
COKE	C	0.02%
ALB	C	0.02%
BWA	D	0.02%
BABA	D	0.02%
AWH	F	0.02%
AFG	A	0.02%
BR	A	0.02%
GSBD	F	0.02%
HRB	D	0.02%
IP	B	0.02%
ILMN	D	0.02%
GWW	B	0.02%
LNT	A	0.02%
OCSL	F	0.02%
LAZ	B	0.02%
MRVL	B	0.02%
CSX	B	0.02%
LRCX	F	0.02%
ORI	A	0.02%
DVN	F	0.02%
LYB	F	0.02%
PH	A	0.02%
TT	A	0.02%
VOYA	B	0.02%
EQR	B	0.02%
LIN	D	0.02%
OHI	C	0.02%
LHX	C	0.02%
LDOS	C	0.02%
MCO	B	0.02%
NTAP	C	0.02%
IVZ	B	0.02%
DOC	D	0.02%
VTR	C	0.02%
BRX	A	0.02%
AES	F	0.02%
CE	F	0.02%
AN	C	0.02%
CNA	B	0.02%
CMI	A	0.02%
EOG	A	0.02%
NKE	D	0.02%
FLEX	A	0.02%
EXPE	B	0.02%
CNH	C	0.02%
ADI	D	0.02%
DHR	F	0.02%
EFX	F	0.02%
ROST	C	0.02%
OKE	A	0.02%
NXPI	D	0.02%
MTB	A	0.02%
BKNG	A	0.02%
ICE	C	0.02%
FSK	A	0.02%
UPS	C	0.02%
WEST	C	0.02%
PM	B	0.02%
MKC	D	0.02%
NVDA	C	0.02%
STZ	D	0.02%
SBUX	A	0.02%
SPG	B	0.02%
ET	A	0.02%
EQIX	A	0.02%
AL	B	0.02%
CM	A	0.02%
CCI	D	0.02%
MET	A	0.02%
SLB	C	0.02%
SHW	A	0.02%
ZBH	C	0.02%
PNC	B	0.02%
KMI	A	0.02%
AFL	B	0.02%
LVS	C	0.02%
CAT	B	0.02%
USB	A	0.02%
RTX	C	0.02%
RY	A	0.02%
CVX	A	0.02%
GM	B	0.02%
TD	F	0.02%
CVS	D	0.02%
C	A	0.02%
NVT	B	0.01%
HIW	D	0.01%
FE	C	0.01%
FNB	A	0.01%
CACC	D	0.01%
VLY	B	0.01%
RPM	A	0.01%
IPG	D	0.01%
JBL	B	0.01%
KSS	F	0.01%
G	B	0.01%
AMD	F	0.01%
EPR	D	0.01%
NEU	C	0.01%
UHS	D	0.01%
UDR	B	0.01%
VMC	B	0.01%
WY	D	0.01%
TKR	D	0.01%
FAF	A	0.01%
HUBB	B	0.01%
LEG	F	0.01%
FMC	D	0.01%
JHG	A	0.01%
HES	B	0.01%
IFF	D	0.01%
DAL	C	0.01%
WHR	B	0.01%
RNR	C	0.01%
SNV	B	0.01%
SLG	B	0.01%
RS	B	0.01%
PFG	D	0.01%
BDN	C	0.01%
BCSF	C	0.01%
TME	D	0.01%
RGA	A	0.01%
SITC	D	0.01%
TEL	B	0.01%
TRMB	B	0.01%
BHP	F	0.01%
CSL	C	0.01%
FLS	B	0.01%
CLX	B	0.01%
AVB	B	0.01%
GP	F	0.01%
H	B	0.01%
ES	D	0.01%
OGS	A	0.01%
MLM	B	0.01%
LNC	B	0.01%
PNW	B	0.01%
ROK	B	0.01%
PSEC	D	0.01%
SCCO	F	0.01%
TXT	D	0.01%
ADSK	A	0.01%
FHN	A	0.01%
CUBE	D	0.01%
MAIN	A	0.01%
MAA	B	0.01%
LII	A	0.01%
OC	A	0.01%
PDM	D	0.01%
EMR	A	0.01%
KIM	A	0.01%
HII	D	0.01%
KRC	C	0.01%
MAR	B	0.01%
NFG	A	0.01%
OPI	F	0.01%
LEN	D	0.01%
NSC	B	0.01%
APD	A	0.01%
CP	D	0.01%
CNP	B	0.01%
NDAQ	A	0.01%
DHI	D	0.01%
UNP	C	0.01%
AVT	C	0.01%
PCAR	B	0.01%
AMG	B	0.01%
ARW	D	0.01%
AWK	D	0.01%
PPG	F	0.01%
SRE	A	0.01%
PKG	A	0.01%
DE	A	0.01%
DOW	F	0.01%
UAL	A	0.01%
WU	D	0.01%
PPL	B	0.01%
MMM	D	0.01%
LH	C	0.01%
ESS	B	0.01%
EVRG	A	0.01%
ALL	A	0.01%
AMP	A	0.01%
SYK	C	0.01%
R	B	0.01%
TXN	C	0.01%
PSX	C	0.01%
PEG	A	0.01%
DFS	B	0.01%
DTE	C	0.01%
O	D	0.01%
MCHP	D	0.01%
KEY	B	0.01%
CMA	A	0.01%
BSX	B	0.01%
ARE	D	0.01%
HON	B	0.01%
HBAN	A	0.01%
CFG	B	0.01%
BIDU	F	0.01%
AMT	D	0.01%
EIX	B	0.01%
PAA	B	0.01%
ETR	B	0.01%
D	C	0.01%
ALLY	C	0.01%
BK	A	0.01%
HD	A	0.01%
TMO	F	0.01%
DG	F	0.01%
MO	A	0.01%
NEE	D	0.01%
LOW	D	0.01%
SCHW	B	0.01%
EXC	C	0.01%
BNS	A	0.01%
COP	C	0.01%
COF	B	0.01%
VOD	F	0.01%
LUV	C	0.01%
GE	D	0.01%
WELL	A	0.01%
TFC	A	0.01%
DB	D	0.01%
AVGO	D	0.01%
BMO	A	0.01%
HSBC	B	0.01%
NWG	C	0.01%
MUFG	B	0.01%
WFC	A	0.01%
GS	A	0.01%
JPM	A	0.01%
DELL	C	0.01%
BA	F	0.01%
BAC	A	0.01%

VCSH Underweight 60 Positions Relative to ACWV

Symbol	Grade	Weight
VRTX	F	-1.13%
COR	B	-1.05%
BRK.A	B	-0.91%
PGR	A	-0.84%
GDDY	A	-0.64%
REGN	F	-0.61%
ACGL	D	-0.57%
CBOE	B	-0.54%
FI	A	-0.48%
MKL	A	-0.43%
ELV	F	-0.42%
WRB	A	-0.41%
UTHR	C	-0.4%
WCN	A	-0.39%
INCY	C	-0.38%
CHT	D	-0.37%
BAH	F	-0.37%
FFIV	B	-0.36%
VRSN	F	-0.35%
KHC	F	-0.33%
AJG	B	-0.33%
TRV	B	-0.32%
NBIX	C	-0.31%
GEN	B	-0.3%
AKAM	D	-0.27%
SJM	D	-0.27%
ACN	C	-0.26%
ERIE	D	-0.26%
YUM	B	-0.24%
FCNCA	A	-0.23%
FWONK	B	-0.22%
PTC	A	-0.22%
CTSH	B	-0.21%
ROL	B	-0.21%
MFG	B	-0.21%
JKHY	D	-0.2%
BMRN	D	-0.19%
DPZ	C	-0.19%
LNG	B	-0.16%
ULTA	F	-0.16%
WIT	A	-0.12%
MOH	F	-0.12%
FICO	B	-0.12%
MNST	C	-0.12%
AZPN	A	-0.11%
EG	C	-0.1%
WTW	B	-0.1%
WDAY	B	-0.1%
TPL	A	-0.1%
TRGP	B	-0.08%
IT	C	-0.07%
KNX	B	-0.06%
ANET	C	-0.06%
DINO	D	-0.06%
CHRW	C	-0.06%
GPC	D	-0.05%
HOLX	D	-0.05%
ACI	C	-0.05%
HSIC	B	-0.05%
HKD	F	-0.0%