VFH vs. IMCV ETF Comparison

Comparison of Vanguard Financials ETF - DNQ (VFH) to iShares Morningstar Mid-Cap Value ETF (IMCV)

VFH

Vanguard Financials ETF - DNQ

VFH Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$109.59

Average Daily Volume

277,154

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

IMCV

iShares Morningstar Mid-Cap Value ETF

IMCV Description

The investment seeks to track the investment results of the MorningstarÂ® US Mid Cap Broad Value IndexSM composed of mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by mid-capitalization companies that have exhibited âvalueâ characteristics as determined by Morningstar, Inc. (Morningstar or the index providerâ) proprietary index methodology.

Grade (RS Rating)

Last Trade

$76.50

Average Daily Volume

22,130

Number of Holdings ^*

303

* may have additional holdings in another (foreign) market

Performance

Period	VFH	IMCV
30 Days	1.12%	1.96%
60 Days	4.01%	3.76%
90 Days	10.28%	8.91%
12 Months	38.17%	26.66%

43 Overlapping Holdings

Symbol	Grade	Weight in VFH	Weight in IMCV	Overlap
ACGL	B	0.59%	0.53%	0.53%
AFG	C	0.13%	0.12%	0.12%
AFL	A	0.82%	1.02%	0.82%
AIG	D	0.71%	0.88%	0.71%
ALL	C	0.69%	0.54%	0.54%
ALLY	F	0.16%	0.17%	0.16%
AMP	B	0.62%	0.28%	0.28%
BEN	F	0.08%	0.11%	0.08%
BK	B	0.7%	0.98%	0.7%
CFG	D	0.27%	0.34%	0.27%
CG	C	0.13%	0.17%	0.13%
CINF	C	0.3%	0.24%	0.24%
COF	B	0.78%	1.03%	0.78%
CPAY	B	0.29%	0.1%	0.1%
DFS	C	0.48%	0.27%	0.27%
EG	B	0.24%	0.31%	0.24%
EQH	C	0.19%	0.24%	0.19%
FIS	C	0.63%	0.87%	0.63%
FITB	B	0.4%	0.54%	0.4%
FNF	B	0.21%	0.29%	0.21%
GPN	D	0.39%	0.29%	0.29%
HBAN	B	0.3%	0.39%	0.3%
HIG	B	0.48%	0.63%	0.48%
KEY	C	0.22%	0.29%	0.22%
L	D	0.21%	0.27%	0.21%
MKL	C	0.29%	0.14%	0.14%
MTB	C	0.4%	0.54%	0.4%
NDAQ	C	0.43%	0.32%	0.32%
NTRS	C	0.26%	0.35%	0.26%
PFG	B	0.26%	0.37%	0.26%
PRU	C	0.6%	0.8%	0.6%
RF	B	0.3%	0.39%	0.3%
RGA	C	0.2%	0.27%	0.2%
RJF	C	0.33%	0.17%	0.17%
RNR	B	0.19%	0.25%	0.19%
STT	B	0.36%	0.49%	0.36%
SYF	C	0.28%	0.36%	0.28%
TFC	D	0.82%	1.03%	0.82%
TROW	C	0.33%	0.45%	0.33%
TRV	C	0.72%	0.57%	0.57%
UNM	B	0.15%	0.19%	0.15%
WRB	D	0.25%	0.13%	0.13%
WTW	B	0.41%	0.28%	0.28%

VFH Overweight 330 Positions Relative to IMCV

Symbol	Grade	Weight
JPM	D	8.94%
BRK.A	C	8.72%
MA	B	5.55%
V	C	4.12%
BAC	D	3.97%
WFC	D	2.82%
GS	B	2.28%
SPGI	C	2.27%
AXP	B	2.06%
PGR	C	2.04%
BLK	B	1.85%
MS	B	1.75%
C	C	1.65%
MMC	C	1.55%
CB	B	1.52%
BX	C	1.41%
SCHW	D	1.36%
ICE	C	1.28%
MCO	C	1.11%
KKR	B	1.06%
PNC	C	1.02%
USB	C	1.02%
PYPL	B	1.0%
AON	B	0.93%
AJG	D	0.88%
MET	B	0.65%
MSCI	C	0.64%
APO	B	0.64%
SQ	D	0.51%
COIN	F	0.48%
ARES	B	0.38%
BRO	C	0.35%
CBOE	C	0.3%
FCNCA	D	0.29%
LPLA	D	0.23%
FDS	C	0.22%
TW	B	0.19%
ERIE	B	0.18%
IBKR	B	0.18%
JKHY	B	0.17%
EWBC	C	0.16%
HOOD	C	0.15%
KNSL	D	0.15%
JEF	C	0.14%
AIZ	B	0.14%
AFRM	D	0.14%
SF	B	0.13%
PRI	B	0.13%
FHN	D	0.13%
MKTX	D	0.13%
ORI	B	0.13%
GL	D	0.13%
WAL	B	0.12%
MORN	C	0.12%
EVR	B	0.12%
TOST	C	0.12%
PNFP	C	0.11%
CBSH	D	0.11%
SOFI	D	0.11%
WEX	C	0.11%
CRBG	C	0.11%
WBS	C	0.11%
HLI	C	0.11%
OWL	B	0.11%
JXN	B	0.1%
CFR	C	0.1%
PB	D	0.1%
VOYA	B	0.1%
WTFC	C	0.1%
ZION	D	0.1%
SSB	C	0.1%
BPOP	C	0.1%
AGNC	B	0.1%
SEIC	B	0.1%
CMA	C	0.1%
STWD	B	0.09%
RLI	B	0.09%
ONB	D	0.09%
AXS	B	0.09%
RYAN	C	0.09%
FAF	B	0.09%
SNV	D	0.09%
MTG	B	0.09%
ESNT	B	0.09%
LNC	C	0.08%
RDN	D	0.08%
SIGI	D	0.08%
AMG	C	0.08%
IVZ	B	0.08%
HLNE	B	0.08%
CADE	C	0.08%
OMF	D	0.08%
COOP	C	0.08%
MC	C	0.07%
WTM	F	0.07%
UMBF	C	0.07%
PIPR	B	0.07%
JHG	B	0.07%
UBSI	D	0.07%
THG	C	0.07%
COLB	B	0.07%
HOMB	D	0.07%
GBCI	C	0.07%
FNB	D	0.07%
KMPR	D	0.06%
ABCB	C	0.06%
AGO	D	0.06%
WU	C	0.06%
SFBS	C	0.06%
SLM	C	0.06%
FFIN	C	0.06%
OZK	F	0.06%
HWC	D	0.06%
FOUR	C	0.06%
EEFT	F	0.06%
PFSI	C	0.06%
EBC	C	0.05%
WSFS	D	0.05%
ASB	D	0.05%
FULT	D	0.05%
IBOC	D	0.05%
AUB	D	0.05%
FBP	C	0.05%
BGC	D	0.05%
WD	B	0.05%
UCBI	B	0.05%
HASI	C	0.05%
AX	D	0.05%
TPG	C	0.05%
VLY	D	0.05%
CNO	C	0.05%
ESGR	D	0.05%
VIRT	C	0.04%
ABR	B	0.04%
CVBF	D	0.04%
TOWN	D	0.04%
TBBK	C	0.04%
BOH	D	0.04%
SFNC	C	0.04%
INDB	D	0.04%
FHI	B	0.04%
PJT	B	0.04%
PRK	D	0.04%
BKU	D	0.04%
BHF	F	0.04%
APAM	C	0.04%
FIBK	C	0.04%
OSCR	D	0.04%
WAFD	D	0.04%
CATY	C	0.04%
BXMT	C	0.04%
GNW	C	0.04%
BOKF	C	0.04%
CACC	F	0.04%
TCBI	C	0.04%
FHB	D	0.04%
NMIH	C	0.04%
UPST	C	0.04%
STEP	B	0.04%
CBU	D	0.04%
MCY	C	0.03%
AGM	D	0.03%
DFIN	D	0.03%
WSBC	D	0.03%
TRMK	D	0.03%
NATL	D	0.03%
FLYW	F	0.03%
EFSC	D	0.03%
BANC	C	0.03%
GSHD	C	0.03%
STC	C	0.03%
BANR	C	0.03%
PRG	C	0.03%
MQ	F	0.03%
OFG	C	0.03%
IBTX	C	0.03%
RNST	D	0.03%
EVTC	D	0.03%
BANF	C	0.03%
NBTB	D	0.03%
VCTR	B	0.03%
SBCF	D	0.03%
FRME	D	0.03%
PFS	C	0.03%
ENVA	C	0.03%
SNEX	C	0.03%
HTLF	C	0.03%
PPBI	D	0.03%
PLMR	C	0.03%
RKT	C	0.03%
CNS	B	0.03%
FFBC	D	0.03%
EFC	C	0.02%
CNNE	F	0.02%
SRCE	D	0.02%
ECPG	D	0.02%
GABC	D	0.02%
PMT	C	0.02%
EIG	C	0.02%
BHLB	C	0.02%
NIC	D	0.02%
QCRH	D	0.02%
SAFT	D	0.02%
VBTX	C	0.02%
RC	F	0.02%
SKWD	B	0.02%
LC	D	0.02%
WABC	D	0.02%
SASR	C	0.02%
NAVI	D	0.02%
LADR	D	0.02%
ARI	F	0.02%
LOB	C	0.02%
TCBK	D	0.02%
HMN	C	0.02%
VRTS	F	0.02%
CODI	C	0.02%
SPNT	D	0.02%
TRUP	D	0.02%
BUSE	D	0.02%
HOPE	D	0.02%
CUBI	F	0.02%
HTH	D	0.02%
FRHC	C	0.02%
STBA	D	0.02%
NBHC	D	0.02%
NNI	C	0.02%
NWBI	D	0.02%
SYBT	C	0.02%
FBNC	C	0.02%
CASH	D	0.02%
CHCO	D	0.02%
LKFN	D	0.02%
FCF	D	0.02%
FBK	C	0.02%
FFWM	F	0.01%
FFIC	D	0.01%
KRNY	D	0.01%
PAY	D	0.01%
HIFS	D	0.01%
WRLD	D	0.01%
CARE	C	0.01%
SMBK	C	0.01%
SPFI	C	0.01%
DHIL	C	0.01%
UFCS	D	0.01%
MPB	C	0.01%
PGC	D	0.01%
PX	C	0.01%
TIPT	C	0.01%
MSBI	D	0.01%
BHB	D	0.01%
CCBG	C	0.01%
NRDS	D	0.01%
MCB	C	0.01%
THFF	D	0.01%
NFBK	D	0.01%
CCNE	D	0.01%
HONE	D	0.01%
TRTX	D	0.01%
GDOT	D	0.01%
AROW	D	0.01%
IIIV	F	0.01%
AMBC	F	0.01%
AMAL	D	0.01%
WASH	C	0.01%
CASS	D	0.01%
EQBK	C	0.01%
SMBC	C	0.01%
GSBC	D	0.01%
LPRO	C	0.01%
CAC	C	0.01%
FMNB	D	0.01%
CCB	B	0.01%
BFST	C	0.01%
UVE	C	0.01%
IMXI	D	0.01%
HAFC	D	0.01%
HTBK	D	0.01%
EGBN	D	0.01%
EZPW	D	0.01%
AMTB	F	0.01%
PRA	C	0.01%
TRST	D	0.01%
TREE	C	0.01%
RPAY	F	0.01%
HBNC	D	0.01%
KREF	C	0.01%
IBCP	D	0.01%
MBWM	D	0.01%
BSIG	C	0.01%
BY	D	0.01%
FCBC	D	0.01%
CPF	C	0.01%
OSBC	D	0.01%
CFB	D	0.01%
TMP	D	0.01%
CTBI	D	0.01%
CFFN	D	0.01%
BRSP	D	0.01%
HFWA	D	0.01%
FMBH	D	0.01%
UVSP	C	0.01%
HCI	C	0.01%
UWMC	D	0.01%
PRAA	F	0.01%
CMTG	F	0.01%
PFC	D	0.01%
DCOM	C	0.01%
BRKL	C	0.01%
BFC	D	0.01%
CNOB	C	0.01%
DX	B	0.01%
MBIN	D	0.01%
SBSI	D	0.01%
AMSF	C	0.01%
LMND	F	0.01%
OBK	D	0.01%
RWT	C	0.01%
FBMS	C	0.01%
PEBO	D	0.01%
OCFC	B	0.01%
PFBC	D	0.01%
RILY	F	0.0%
AC	C	0.0%
DGICA	C	0.0%
JRVR	F	0.0%
HMST	B	0.0%
BMRC	D	0.0%
ACRE	D	0.0%

VFH Underweight 260 Positions Relative to IMCV

Symbol	Grade	Weight
DHI	C	-1.05%
NSC	C	-1.03%
WMB	C	-1.03%
OKE	C	-1.02%
GM	C	-1.0%
AEP	C	-0.99%
SRE	B	-0.96%
SPG	B	-0.96%
PCAR	D	-0.94%
CCI	C	-0.93%
LHX	C	-0.82%
PEG	B	-0.81%
LEN	B	-0.8%
KMI	C	-0.8%
F	F	-0.79%
VLO	F	-0.78%
GIS	B	-0.76%
FERG	D	-0.75%
KVUE	B	-0.74%
EXC	B	-0.73%
CNC	D	-0.72%
KR	B	-0.7%
CTSH	B	-0.7%
HUM	F	-0.69%
O	B	-0.67%
NUE	D	-0.66%
HPQ	C	-0.65%
XEL	B	-0.65%
ED	B	-0.65%
GLW	B	-0.64%
VICI	C	-0.63%
GEV	B	-0.62%
EIX	B	-0.61%
CHTR	D	-0.59%
FANG	F	-0.59%
KHC	C	-0.56%
KMB	C	-0.56%
PSA	C	-0.55%
WEC	B	-0.55%
NVR	B	-0.54%
LNG	D	-0.53%
ADM	D	-0.53%
BIIB	F	-0.52%
URI	B	-0.51%
NEM	C	-0.51%
CARR	B	-0.51%
D	C	-0.5%
ETR	A	-0.5%
KDP	B	-0.49%
IFF	A	-0.49%
CAH	C	-0.49%
DVN	F	-0.48%
DTE	A	-0.48%
EXR	C	-0.46%
LYB	D	-0.46%
WY	C	-0.45%
HPE	C	-0.45%
PCG	C	-0.45%
SW	B	-0.44%
PPL	A	-0.44%
ES	B	-0.43%
MCHP	D	-0.43%
AEE	B	-0.42%
FE	B	-0.41%
CTVA	B	-0.41%
WDC	C	-0.4%
STX	B	-0.4%
DOW	C	-0.4%
K	A	-0.39%
TEL	D	-0.39%
ATO	B	-0.38%
JCI	B	-0.38%
EBAY	B	-0.38%
OMC	B	-0.37%
TRGP	C	-0.37%
ON	D	-0.36%
BBY	A	-0.36%
BAX	C	-0.36%
GEHC	B	-0.36%
HOLX	D	-0.35%
STZ	C	-0.35%
PKG	B	-0.35%
DD	B	-0.35%
PPG	C	-0.34%
CNP	C	-0.34%
BKR	C	-0.34%
STLD	C	-0.34%
WBD	D	-0.34%
DG	F	-0.34%
CCL	C	-0.34%
LH	D	-0.34%
COR	F	-0.33%
EXPD	B	-0.33%
IRM	C	-0.32%
PHM	B	-0.32%
UAL	B	-0.32%
DELL	C	-0.32%
ZM	C	-0.31%
VTR	C	-0.31%
IP	C	-0.31%
DAL	C	-0.31%
DGX	B	-0.31%
RS	D	-0.3%
THC	C	-0.3%
DOC	B	-0.3%
AMCR	B	-0.3%
SSNC	C	-0.3%
AVB	C	-0.3%
MRO	D	-0.29%
SWKS	F	-0.29%
IQV	D	-0.29%
OTIS	B	-0.29%
OC	C	-0.28%
LNT	A	-0.28%
NI	B	-0.28%
EQR	C	-0.28%
CAG	B	-0.28%
CF	B	-0.28%
CBRE	B	-0.27%
KEYS	B	-0.27%
CMI	B	-0.26%
EVRG	B	-0.26%
AWK	C	-0.26%
DLR	B	-0.26%
GLPI	C	-0.25%
AES	C	-0.25%
CMS	B	-0.25%
ARE	C	-0.25%
VST	B	-0.25%
BG	F	-0.25%
UTHR	B	-0.25%
WPC	C	-0.25%
VTRS	D	-0.25%
BXP	C	-0.24%
RCL	B	-0.24%
HST	D	-0.24%
EMN	B	-0.24%
NTAP	D	-0.23%
HAL	F	-0.23%
BLDR	C	-0.23%
SJM	C	-0.23%
JNPR	A	-0.23%
LDOS	A	-0.23%
HSY	D	-0.23%
IPG	C	-0.22%
MAA	C	-0.22%
NRG	B	-0.22%
MRNA	F	-0.22%
GPC	D	-0.21%
LKQ	F	-0.2%
VLTO	B	-0.2%
OVV	F	-0.2%
ZBH	F	-0.2%
RPRX	C	-0.2%
EA	D	-0.19%
TOL	A	-0.19%
ESS	C	-0.19%
CNH	C	-0.19%
NWSA	D	-0.19%
DRI	C	-0.19%
MAS	B	-0.19%
CPNG	B	-0.19%
TER	C	-0.19%
MSTR	C	-0.19%
CTRA	F	-0.19%
TAP	D	-0.18%
GRMN	D	-0.18%
SOLV	D	-0.18%
MKC	C	-0.18%
SNA	B	-0.18%
CPB	C	-0.18%
ULTA	D	-0.18%
LUV	C	-0.18%
FOXA	B	-0.18%
EXPE	C	-0.17%
APA	F	-0.17%
TDY	B	-0.17%
AKAM	D	-0.16%
TSCO	B	-0.16%
TSN	D	-0.16%
MOH	D	-0.16%
AVY	C	-0.16%
TXT	D	-0.16%
APTV	D	-0.16%
SWK	B	-0.16%
RVTY	B	-0.16%
FLEX	B	-0.16%
BALL	C	-0.16%
UHS	C	-0.15%
DOV	B	-0.15%
FTV	C	-0.15%
DLTR	F	-0.15%
PINS	D	-0.15%
AR	C	-0.15%
MOS	F	-0.15%
DKNG	C	-0.15%
CHK	C	-0.15%
AVTR	C	-0.14%
REG	C	-0.14%
WAT	B	-0.14%
ACI	F	-0.14%
DINO	F	-0.14%
CLX	C	-0.14%
CPT	C	-0.14%
GEN	A	-0.14%
FFIV	B	-0.14%
DKS	D	-0.13%
USFD	C	-0.13%
TFX	B	-0.13%
EQT	C	-0.13%
POOL	C	-0.13%
CCK	B	-0.13%
J	A	-0.12%
WTRG	D	-0.12%
CE	D	-0.12%
ALGN	D	-0.12%
ENTG	D	-0.12%
WSM	C	-0.12%
SIRI	C	-0.11%
SNX	C	-0.11%
HRL	F	-0.11%
WBA	F	-0.11%
COO	C	-0.11%
ALLE	B	-0.1%
UDR	C	-0.1%
SCI	C	-0.1%
RPM	B	-0.1%
ACM	B	-0.1%
EPAM	F	-0.1%
JBL	C	-0.1%
BLD	C	-0.1%
JBHT	D	-0.1%
BJ	D	-0.1%
KMX	D	-0.1%
TRMB	C	-0.09%
INCY	C	-0.09%
RRX	C	-0.09%
BAH	B	-0.09%
ELS	D	-0.09%
ALB	D	-0.09%
MGM	D	-0.09%
FOX	B	-0.09%
QRVO	F	-0.08%
DVA	B	-0.08%
CASY	D	-0.08%
UHAL	B	-0.08%
PNR	B	-0.08%
ZBRA	B	-0.08%
XPO	D	-0.08%
KIM	C	-0.08%
CRL	F	-0.07%
HII	F	-0.07%
WLK	C	-0.06%
NWS	D	-0.06%
PAG	D	-0.06%
AGR	C	-0.05%
AOS	B	-0.05%
LEN	B	-0.03%
COTY	D	-0.02%
UHAL	B	-0.01%