VEA vs. MFDX ETF Comparison

Comparison of Vanguard FTSE Developed Markets ETF (VEA) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

VEA

Vanguard FTSE Developed Markets ETF

VEA Description

The investment seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund purchases stocks included in the FTSE Developed ex North America Index, which includes approximately 1,385 common stocks of companies located in developed countries of Europe, Australia, Asia, and the Far East. It uses statistical methods to "sample" the index, aiming to closely track its investment performance while limiting investments in Index securities that have undesirable tax characteristics in an attempt to minimize taxable income distributions.

Grade (RS Rating)

Last Trade

$49.50

Average Daily Volume

8,998,409

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$30.33

Average Daily Volume

24,135

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VEA	MFDX
30 Days	-1.96%	-1.45%
60 Days	-5.10%	-5.23%
90 Days	-5.18%	-4.02%
12 Months	11.93%	11.37%

28 Overlapping Holdings

Symbol	Grade	Weight in VEA	Weight in MFDX	Overlap
ABBV	D	0.38%	0.7%	0.38%
AEI	D	0.02%	0.03%	0.02%
AGCO	D	0.02%	0.04%	0.02%
BCS	C	0.19%	0.28%	0.19%
CNI	D	0.26%	0.16%	0.16%
DEO	F	0.3%	0.14%	0.14%
DOOO	F	0.01%	0.02%	0.01%
E	F	0.15%	0.08%	0.08%
FRO	F	0.01%	0.02%	0.01%
GOLD	D	0.15%	0.09%	0.09%
HMC	F	0.21%	0.16%	0.16%
HSBH	B	0.73%	0.4%	0.4%
LOGI	D	0.05%	0.13%	0.05%
LYG	F	0.18%	0.1%	0.1%
MBAVU	D	0.02%	0.0%	0.0%
MFG	B	0.23%	0.36%	0.23%
MUFG	B	0.52%	0.39%	0.39%
NMR	B	0.06%	0.07%	0.06%
NVS	D	0.96%	0.61%	0.61%
QGEN	D	0.04%	0.04%	0.04%
RBA	A	0.07%	0.11%	0.07%
SMFG	B	0.34%	0.27%	0.27%
SONY	B	0.46%	0.03%	0.03%
STLA	F	0.12%	0.06%	0.06%
TM	D	0.88%	0.21%	0.21%
UL	D	0.65%	1.11%	0.65%
WCN	A	0.2%	0.21%	0.2%
WFG	D	0.03%	0.08%	0.03%

VEA Overweight 33 Positions Relative to MFDX

Symbol	Grade	Weight
TD	F	0.42%
SHOP	B	0.41%
FLUT	A	0.18%
SW	A	0.11%
KB	B	0.09%
SHG	D	0.08%
XRX	F	0.06%
OTEX	D	0.03%
PRMW	C	0.02%
KEP	B	0.02%
GOGL	F	0.01%
LSPD	C	0.01%
LPL	F	0.01%
TAC	B	0.01%
LIF	D	0.01%
GEN	B	0.0%
CALX	D	0.0%
CTS	C	0.0%
SLDB	F	0.0%
VGR	D	0.0%
GCBC	C	0.0%
AUDC	D	0.0%
VMAR	F	0.0%
CHGX	A	0.0%
RENB	F	0.0%
IONR	D	0.0%
SSBI	F	0.0%
MNTX	C	0.0%
FLNG	B	0.0%
ELBM	F	0.0%
TRMD	F	0.0%
PIXY	F	0.0%
SPNS	F	0.0%

VEA Underweight 23 Positions Relative to MFDX

Symbol	Grade	Weight
TT	A	-0.37%
MDT	D	-0.34%
NXPI	D	-0.32%
ARM	D	-0.28%
GRMN	B	-0.26%
SE	B	-0.22%
SPOT	B	-0.22%
CHKP	D	-0.12%
TEVA	D	-0.1%
ICLR	D	-0.08%
LULU	C	-0.07%
CCEP	C	-0.06%
WIX	B	-0.06%
ALLE	D	-0.05%
CYBR	B	-0.04%
ALV	C	-0.04%
PDS	C	-0.03%
ASND	D	-0.02%
MNDY	C	-0.02%
SFL	D	-0.01%
AER	B	-0.01%
YY	C	-0.01%
CSIQ	F	-0.0%

VEA: Top Represented Industries & Keywords

Industries: Software - Application Banks - Global Auto Manufacturers Banks - Regional - Asia Shipping & Ports Communication Equipment Consumer Electronics Drug Manufacturers - Major Other Industrial Metals & Mining Banks - Regional - Europe Banks - Regional - US Beverages - Soft Drinks Beverages - Wineries & Distilleries Biotechnology Business Services Capital Markets Computer Systems Diagnostics & Research Diversified Industrials Drug Manufacturers - Specialty & Generic