VCSH vs. GIGB ETF Comparison

Comparison of Vanguard Short-Term Corporate Bond ETF (VCSH) to Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB)

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

$79.52

Average Daily Volume

3,194,149

Number of Holdings ^*

444

* may have additional holdings in another (foreign) market

GIGB

Goldman Sachs Access Investment Grade Corporate Bond ETF

GIGB Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs Investment Grade Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade, corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$47.41

Average Daily Volume

62,297

Number of Holdings ^*

184

* may have additional holdings in another (foreign) market

Performance

Period	VCSH	GIGB
30 Days	1.08%	1.57%
60 Days	2.61%	4.28%
90 Days	3.94%	5.94%
12 Months	9.83%	13.51%

179 Overlapping Holdings

	Symbol	Grade	Weight in VCSH	Weight in GIGB	Overlap
	AAPL	C	0.03%	0.01%	0.01%
	ABBV	B	0.02%	0.04%	0.02%
	ABT	C	0.02%	0.02%	0.02%
	ADBE	F	0.03%	0.02%	0.02%
	ADM	D	0.05%	0.01%	0.01%
	AER	C	0.03%	0.07%	0.03%
	AIG	D	0.06%	0.01%	0.01%
	ALLY	F	0.01%	0.04%	0.01%
	AMAT	D	0.03%	0.02%	0.02%
	AMT	C	0.01%	0.01%	0.01%
	AMZN	C	0.04%	0.01%	0.01%
	ARCC	A	0.04%	0.01%	0.01%
	ARE	C	0.01%	0.03%	0.01%
	AVGO	C	0.01%	0.01%	0.01%
	AXP	B	0.03%	0.03%	0.03%
	AZN	D	0.04%	0.01%	0.01%
	BA	F	0.01%	0.01%	0.01%
	BABA	B	0.02%	0.03%	0.02%
	BAC	D	0.01%	0.01%	0.01%
	BDX	D	0.02%	0.03%	0.02%
	BERY	B	0.03%	0.01%	0.01%
	BHP	C	0.01%	0.02%	0.01%
	BK	B	0.01%	0.01%	0.01%
	BMO	C	0.01%	0.01%	0.01%
	BNS	B	0.01%	0.04%	0.01%
	BSX	B	0.01%	0.01%	0.01%
	C	C	0.02%	0.03%	0.02%
	CAG	B	0.01%	0.05%	0.01%
	CARR	B	0.09%	0.03%	0.03%
	CAT	B	0.02%	0.01%	0.01%
	CB	B	0.03%	0.16%	0.03%
	CCI	C	0.02%	0.01%	0.01%
	CF	B	0.02%	0.05%	0.02%
	CHTR	D	0.07%	0.01%	0.01%
	CI	C	0.01%	0.01%	0.01%
	CM	B	0.02%	0.06%	0.02%
	CMCSA	C	0.03%	0.01%	0.01%
	COF	B	0.01%	0.01%	0.01%
	COP	F	0.01%	0.02%	0.01%
	COST	C	0.06%	0.03%	0.03%
	CRM	C	0.05%	0.03%	0.03%
	CSCO	B	0.02%	0.07%	0.02%
	CSX	C	0.02%	0.01%	0.01%
	CVS	D	0.02%	0.01%	0.01%
	CVX	F	0.02%	0.01%	0.01%
	DB	B	0.01%	0.02%	0.01%
	DD	B	0.08%	0.05%	0.05%
	DE	A	0.01%	0.03%	0.01%
	DELL	C	0.01%	0.08%	0.01%
	DFS	C	0.01%	0.09%	0.01%
	DHR	B	0.02%	0.12%	0.02%
	DIS	D	0.03%	0.01%	0.01%
	DLTR	F	0.05%	0.04%	0.04%
	DOW	C	0.01%	0.03%	0.01%
	DUK	B	0.01%	0.01%	0.01%
	DVN	F	0.02%	0.02%	0.02%
	EBAY	B	0.03%	0.01%	0.01%
	ED	B	0.01%	0.02%	0.01%
	EIX	B	0.01%	0.03%	0.01%
	EOG	D	0.02%	0.06%	0.02%
	EPD	C	0.03%	0.02%	0.02%
	ET	C	0.02%	0.01%	0.01%
	ETN	C	0.07%	0.02%	0.02%
	EXC	B	0.01%	0.01%	0.01%
	EXPE	C	0.02%	0.02%	0.02%
	FANG	F	0.02%	0.01%	0.01%
	FDX	D	0.03%	0.01%	0.01%
	FIS	C	0.03%	0.03%	0.03%
	FITB	B	0.03%	0.04%	0.03%
	FOXA	B	0.04%	0.05%	0.04%
	GD	C	0.02%	0.01%	0.01%
	GE	C	0.01%	0.04%	0.01%
	GILD	B	0.04%	0.05%	0.04%
	GIS	B	0.03%	0.03%	0.03%
	GLPI	C	0.03%	0.1%	0.03%
	GM	C	0.02%	0.01%	0.01%
	GOOGL	D	0.04%	0.04%	0.04%
	GPN	D	0.03%	0.09%	0.03%
	HAL	F	0.03%	0.03%	0.03%
	HBAN	B	0.01%	0.05%	0.01%
	HCA	B	0.06%	0.05%	0.05%
	HES	F	0.01%	0.03%	0.01%
	HON	C	0.01%	0.01%	0.01%
	HPE	C	0.03%	0.04%	0.03%
	HPQ	C	0.05%	0.04%	0.04%
	HRL	F	0.03%	0.04%	0.03%
	HSBC	B	0.01%	0.02%	0.01%
	IBM	B	0.02%	0.01%	0.01%
	ICE	C	0.02%	0.01%	0.01%
	INTC	D	0.03%	0.01%	0.01%
	ITW	B	0.04%	0.04%	0.04%
	JEF	C	0.03%	0.03%	0.03%
	JNJ	C	0.02%	0.01%	0.01%
	JPM	D	0.01%	0.01%	0.01%
	KDP	B	0.02%	0.01%	0.01%
	KEY	C	0.01%	0.07%	0.01%
	KLAC	D	0.06%	0.04%	0.04%
	KMI	C	0.02%	0.01%	0.01%
	KO	B	0.06%	0.01%	0.01%
	LLY	D	0.02%	0.01%	0.01%
	LMT	A	0.05%	0.01%	0.01%
	LRCX	D	0.02%	0.04%	0.02%
	LUV	C	0.01%	0.03%	0.01%
	LYB	D	0.02%	0.03%	0.02%
	MA	B	0.04%	0.02%	0.02%
	MAR	B	0.01%	0.03%	0.01%
	MCD	B	0.01%	0.01%	0.01%
	MDT	B	0.08%	0.05%	0.05%
	MET	B	0.02%	0.03%	0.02%
	MMC	C	0.01%	0.01%	0.01%
	MMM	B	0.01%	0.01%	0.01%
	MO	C	0.01%	0.01%	0.01%
	MPC	F	0.03%	0.02%	0.02%
	MPLX	B	0.03%	0.02%	0.02%
	MS	B	0.03%	0.01%	0.01%
	MSFT	C	0.04%	0.01%	0.01%
	MU	D	0.03%	0.01%	0.01%
	MUFG	D	0.01%	0.01%	0.01%
	NEM	C	0.01%	0.05%	0.01%
	NI	B	0.05%	0.01%	0.01%
	NKE	D	0.02%	0.02%	0.02%
	NOC	B	0.05%	0.04%	0.04%
	NVDA	C	0.02%	0.05%	0.02%
	NWG	B	0.01%	0.01%	0.01%
	NXPI	D	0.02%	0.02%	0.02%
	OKE	C	0.02%	0.02%	0.02%
	OMC	B	0.06%	0.05%	0.05%
	ORCL	B	0.05%	0.01%	0.01%
	OTIS	B	0.07%	0.07%	0.07%
	PAA	D	0.01%	0.03%	0.01%
	PCG	C	0.01%	0.03%	0.01%
	PEP	D	0.02%	0.01%	0.01%
	PFE	D	0.03%	0.01%	0.01%
	PM	C	0.02%	0.01%	0.01%
	PNC	C	0.02%	0.01%	0.01%
	PRU	C	0.03%	0.01%	0.01%
	PSX	F	0.01%	0.03%	0.01%
	QCOM	D	0.04%	0.02%	0.02%
	RPRX	C	0.04%	0.03%	0.03%
	RSG	D	0.01%	0.06%	0.01%
	RTX	B	0.02%	0.01%	0.01%
	RY	A	0.02%	0.04%	0.02%
	SBUX	C	0.02%	0.01%	0.01%
	SCCO	C	0.01%	0.05%	0.01%
	SHW	B	0.02%	0.07%	0.02%
	SLB	F	0.02%	0.07%	0.02%
	SO	B	0.01%	0.03%	0.01%
	SPG	B	0.02%	0.01%	0.01%
	STT	B	0.03%	0.01%	0.01%
	SWK	B	0.03%	0.04%	0.03%
	SYF	C	0.03%	0.03%	0.03%
	SYY	C	0.03%	0.06%	0.03%
	T	B	0.01%	0.01%	0.01%
	TAP	D	0.1%	0.02%	0.02%
	TD	C	0.02%	0.11%	0.02%
	TFC	D	0.01%	0.04%	0.01%
	TGT	C	0.05%	0.04%	0.04%
	TMO	B	0.01%	0.05%	0.01%
	TMUS	B	0.04%	0.06%	0.04%
	TSN	D	0.01%	0.02%	0.01%
	TXN	B	0.01%	0.04%	0.01%
	UNP	D	0.01%	0.05%	0.01%
	UPS	D	0.02%	0.01%	0.01%
	USB	C	0.02%	0.01%	0.01%
	V	C	0.13%	0.01%	0.01%
	VLO	F	0.03%	0.04%	0.03%
	VOD	C	0.01%	0.01%	0.01%
	VTRS	D	0.03%	0.04%	0.03%
	VZ	A	0.06%	0.01%	0.01%
	WAB	B	0.03%	0.1%	0.03%
	WBA	F	0.06%	0.06%	0.06%
	WELL	C	0.01%	0.01%	0.01%
	WFC	D	0.01%	0.01%	0.01%
	WMB	C	0.03%	0.01%	0.01%
	WMT	B	0.02%	0.02%	0.02%
	WY	C	0.01%	0.03%	0.01%
	XOM	D	0.02%	0.01%	0.01%
	ZBH	F	0.02%	0.02%	0.02%
	ZTS	B	0.04%	0.03%	0.03%

VCSH Overweight 265 Positions Relative to GIGB

	Symbol	Grade	Weight
	BIIB	F	0.08%
	STLA	F	0.07%
	VRSK	D	0.05%
	ADP	C	0.05%
	BLK	B	0.05%
	NTRS	C	0.04%
	FTV	C	0.04%
	VFC	B	0.04%
	TJX	C	0.04%
	WLK	C	0.04%
	RF	B	0.04%
	WB	C	0.04%
	GSK	D	0.04%
	MRK	F	0.04%
	JNPR	A	0.03%
	JBHT	D	0.03%
	DLR	B	0.03%
	MSI	B	0.03%
	EMN	B	0.03%
	EL	D	0.03%
	SWKS	F	0.03%
	APTV	D	0.03%
	CME	B	0.03%
	AGR	C	0.03%
	JD	A	0.03%
	HAS	B	0.03%
	MHK	B	0.03%
	NUE	D	0.03%
	DXC	D	0.03%
	WAL	B	0.03%
	ATO	B	0.03%
	BAX	C	0.03%
	CNO	C	0.03%
	SPGI	C	0.03%
	SNX	C	0.03%
	PVH	D	0.03%
	PHM	B	0.03%
	BXP	C	0.03%
	BG	F	0.03%
	MOS	F	0.03%
	PYPL	B	0.03%
	WPC	C	0.02%
	SKT	B	0.02%
	RL	B	0.02%
	THG	C	0.02%
	UNM	B	0.02%
	VNT	F	0.02%
	STLD	C	0.02%
	BKU	D	0.02%
	CDNS	D	0.02%
	A	C	0.02%
	BEN	F	0.02%
	CPT	C	0.02%
	GBDC	C	0.02%
	BC	C	0.02%
	ALLE	B	0.02%
	AIZ	B	0.02%
	HST	D	0.02%
	HP	F	0.02%
	HOG	C	0.02%
	INTU	D	0.02%
	L	D	0.02%
	JCI	B	0.02%
	GXO	D	0.02%
	KMPR	D	0.02%
	EQH	C	0.02%
	FTNT	B	0.02%
	FRT	C	0.02%
	EA	D	0.02%
	NNN	B	0.02%
	SF	B	0.02%
	PSA	C	0.02%
	SBRA	C	0.02%
	TSLX	B	0.02%
	VNO	B	0.02%
	WM	D	0.02%
	BKH	B	0.02%
	APH	C	0.02%
	DOV	B	0.02%
	COKE	C	0.02%
	ALB	D	0.02%
	BWA	C	0.02%
	AWH	F	0.02%
	AFG	C	0.02%
	BRO	C	0.02%
	BR	C	0.02%
	CTVA	B	0.02%
	KEYS	B	0.02%
	GSBD	D	0.02%
	HRB	C	0.02%
	IP	C	0.02%
	ILMN	D	0.02%
	GWW	B	0.02%
	LNT	A	0.02%
	OCSL	D	0.02%
	LAZ	B	0.02%
	MRVL	D	0.02%
	K	A	0.02%
	KR	B	0.02%
	ORI	B	0.02%
	PH	B	0.02%
	TDY	B	0.02%
	TT	B	0.02%
	VOYA	B	0.02%
	EQR	C	0.02%
	LIN	B	0.02%
	OHI	C	0.02%
	LHX	C	0.02%
	LDOS	A	0.02%
	MCO	C	0.02%
	NTAP	D	0.02%
	IVZ	B	0.02%
	HUM	F	0.02%
	DOC	B	0.02%
	WEC	B	0.02%
	VTR	C	0.02%
	BRX	C	0.02%
	AES	C	0.02%
	CE	D	0.02%
	AN	C	0.02%
	CNA	D	0.02%
	CMI	B	0.02%
	DGX	B	0.02%
	FLEX	B	0.02%
	CNH	C	0.02%
	ADI	C	0.02%
	EFX	C	0.02%
	ROST	C	0.02%
	MTB	C	0.02%
	BKNG	B	0.02%
	FSK	A	0.02%
	CAH	C	0.02%
	CPB	C	0.02%
	WRK	C	0.02%
	MKC	C	0.02%
	STZ	C	0.02%
	EQIX	B	0.02%
	AL	C	0.02%
	AFL	A	0.02%
	LVS	C	0.02%
	BMY	C	0.02%
	NVT	C	0.01%
	HIW	C	0.01%
	FE	B	0.01%
	FNB	D	0.01%
	CACC	F	0.01%
	VLY	D	0.01%
	RPM	B	0.01%
	IPG	C	0.01%
	JBL	C	0.01%
	KSS	D	0.01%
	G	C	0.01%
	AMD	C	0.01%
	EPR	C	0.01%
	NEU	D	0.01%
	UHS	C	0.01%
	UDR	C	0.01%
	VMC	C	0.01%
	TKR	C	0.01%
	FAF	B	0.01%
	HUBB	B	0.01%
	LEG	D	0.01%
	CHD	C	0.01%
	FMC	B	0.01%
	JHG	B	0.01%
	IFF	A	0.01%
	NYCB	D	0.01%
	DAL	C	0.01%
	WHR	C	0.01%
	RNR	B	0.01%
	SNV	D	0.01%
	SLG	C	0.01%
	RS	D	0.01%
	PFG	B	0.01%
	BDN	C	0.01%
	BCSF	B	0.01%
	TME	D	0.01%
	RGA	C	0.01%
	SITC	D	0.01%
	TEL	D	0.01%
	TRMB	C	0.01%
	CL	C	0.01%
	CSL	B	0.01%
	FLS	C	0.01%
	CLX	C	0.01%
	AVB	C	0.01%
	GP	D	0.01%
	H	B	0.01%
	KMB	C	0.01%
	ES	B	0.01%
	OGS	B	0.01%
	MLM	D	0.01%
	LNC	C	0.01%
	PNW	C	0.01%
	ROK	D	0.01%
	PSEC	C	0.01%
	TXT	D	0.01%
	ADSK	B	0.01%
	CMS	B	0.01%
	FHN	D	0.01%
	CUBE	C	0.01%
	MAIN	B	0.01%
	MAA	C	0.01%
	LII	C	0.01%
	OC	C	0.01%
	PDM	C	0.01%
	EMR	D	0.01%
	KIM	C	0.01%
	HSY	D	0.01%
	HII	F	0.01%
	KRC	C	0.01%
	NFG	B	0.01%
	ORLY	B	0.01%
	OPI	F	0.01%
	LEN	B	0.01%
	NSC	C	0.01%
	APD	B	0.01%
	CP	C	0.01%
	CNP	C	0.01%
	NDAQ	C	0.01%
	DHI	C	0.01%
	AVT	B	0.01%
	PCAR	D	0.01%
	AMG	C	0.01%
	XEL	B	0.01%
	AEE	B	0.01%
	ARW	B	0.01%
	AZO	B	0.01%
	AWK	C	0.01%
	PPG	C	0.01%
	SRE	B	0.01%
	PKG	B	0.01%
	MCK	F	0.01%
	UAL	B	0.01%
	WU	C	0.01%
	ROP	C	0.01%
	PPL	A	0.01%
	LH	D	0.01%
	MDLZ	C	0.01%
	ESS	C	0.01%
	EVRG	B	0.01%
	ALL	C	0.01%
	AEP	C	0.01%
	AMP	B	0.01%
	SYK	C	0.01%
	R	C	0.01%
	PEG	B	0.01%
	DTE	A	0.01%
	O	B	0.01%
	MCHP	D	0.01%
	CMA	C	0.01%
	AON	B	0.01%
	CFG	D	0.01%
	BIDU	C	0.01%
	ETR	A	0.01%
	AMGN	D	0.01%
	D	C	0.01%
	HD	B	0.01%
	PG	C	0.01%
	DG	F	0.01%
	NEE	B	0.01%
	LOW	B	0.01%
	SCHW	D	0.01%
	UNH	C	0.01%
	GS	B	0.01%

VCSH Underweight 5 Positions Relative to GIGB

	Symbol	Grade	Weight
	WDC	C	-0.14%
	KOF	D	-0.09%
	REGN	D	-0.06%
	KHC	C	-0.05%
	EQNR	F	-0.01%

VCSH: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Credit Services Diversified Industrials Drug Manufacturers - Major Semiconductors REIT - Office REIT - Retail Specialty Chemicals Business Services Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas Midstream Household & Personal Products Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Banking Electricity Real Estate Investment Trust Dow Jones Component Investment Bank Electronics Cash Management Computing Insurance Products Chemical Financial Products Aerospace Commercial Banking Semiconductor Disability

GIGB: Top Represented Industries & Keywords

Industries: Banks - Global Oil & Gas Midstream Banks - Regional - US Credit Services Drug Manufacturers - Major Semiconductors Aerospace & Defense Oil & Gas E&P Telecom Services Utilities - Regulated Electric Beverages - Soft Drinks Discount Stores Medical Devices Packaged Foods Asset Management Diversified Industrials Oil & Gas Integrated Oil & Gas Refining & Marketing Railroads Semiconductor Equipment & Materials

Keywords: S&P 500 Nasdaq 100 Bank Dow Jones Component Banking Natural Gas Cash Management Computing Financial Products Investment Bank Commercial Banking Petroleum Industry Crude Oil Insurance Asset Management Services Insurance Products Investment Banking Natural Gas Liquids Electricity Investment Management