VFMV vs. AFLG ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to Active Factor Large Cap ETF (AFLG)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$121.16

Average Daily Volume

7,210

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.99

Average Daily Volume

8,147

Number of Holdings ^*

247

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	AFLG
30 Days	0.83%	3.06%
60 Days	3.76%	6.10%
90 Days	6.93%	7.55%
12 Months	27.18%	38.52%

51 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in AFLG	Overlap
AAPL	C	0.64%	7.26%	0.64%
ABBV	B	1.34%	0.97%	0.97%
ACN	C	0.23%	0.23%	0.23%
AMAT	D	0.13%	0.43%	0.13%
AMZN	C	0.11%	1.74%	0.11%
AVGO	C	0.71%	1.44%	0.71%
AZO	B	0.42%	0.19%	0.19%
BMY	C	0.31%	0.52%	0.31%
BRK.A	C	0.29%	1.58%	0.29%
CAH	C	0.75%	0.1%	0.1%
CBOE	C	1.13%	0.38%	0.38%
CL	C	1.05%	0.66%	0.66%
CME	B	1.19%	0.23%	0.23%
CNA	D	0.04%	0.43%	0.04%
CSCO	B	1.46%	0.42%	0.42%
CVX	F	0.77%	0.41%	0.41%
DECK	C	0.19%	0.26%	0.19%
EA	D	1.48%	0.28%	0.28%
ED	B	0.51%	0.27%	0.27%
GILD	B	0.89%	0.55%	0.55%
GOOGL	D	0.87%	1.95%	0.87%
HPQ	C	0.72%	0.51%	0.51%
IBM	B	1.31%	0.47%	0.47%
JNJ	C	1.46%	0.77%	0.77%
KLAC	D	0.09%	0.14%	0.09%
KMB	C	0.07%	0.06%	0.06%
KO	B	0.46%	0.39%	0.39%
LDOS	A	0.29%	0.13%	0.13%
LLY	D	0.92%	0.52%	0.52%
LMT	A	1.44%	0.38%	0.38%
MCK	F	1.5%	0.42%	0.42%
META	B	0.6%	1.56%	0.6%
MO	C	0.28%	0.94%	0.28%
MRK	F	1.39%	0.75%	0.75%
MSFT	C	0.45%	4.95%	0.45%
MSI	B	0.03%	0.36%	0.03%
NTAP	D	1.57%	0.66%	0.66%
ORLY	B	1.33%	0.06%	0.06%
PG	C	1.45%	0.89%	0.89%
PGR	C	1.49%	0.75%	0.75%
PSX	F	0.14%	0.09%	0.09%
QCOM	D	0.69%	1.01%	0.69%
ROL	C	0.29%	0.06%	0.06%
T	B	0.51%	0.18%	0.18%
TJX	C	1.56%	0.39%	0.39%
TMUS	B	1.56%	0.31%	0.31%
UNH	C	0.85%	0.27%	0.27%
V	C	0.44%	0.27%	0.27%
VZ	A	1.2%	0.54%	0.54%
WMT	B	1.47%	0.58%	0.58%
XOM	D	1.42%	0.72%	0.72%

VFMV Overweight 95 Positions Relative to AFLG

Symbol	Grade	Weight
CVLT	B	1.63%
TXN	B	1.54%
ROP	C	1.5%
VECO	F	1.49%
WM	D	1.46%
GD	C	1.43%
MUSA	D	1.43%
ADI	C	1.42%
KEX	C	1.4%
RSG	D	1.39%
IDT	C	1.35%
DUK	B	1.31%
CHD	C	1.28%
REGN	D	1.27%
NOC	B	1.27%
MCD	B	1.24%
FCN	C	1.21%
IDCC	B	1.14%
DLB	D	1.06%
LRN	B	1.05%
DOX	C	1.03%
GIS	B	0.98%
WMB	C	0.97%
HSTM	D	0.97%
MGEE	C	0.96%
CRUS	D	0.86%
SAFT	D	0.86%
GPOR	C	0.85%
INST	D	0.83%
NSIT	C	0.83%
CHE	C	0.81%
LAUR	C	0.79%
NABL	F	0.78%
BLKB	C	0.78%
WTM	F	0.75%
GOOG	D	0.7%
OSIS	C	0.7%
AMGN	D	0.64%
YELP	D	0.63%
MCS	B	0.61%
INSW	C	0.55%
MATX	B	0.54%
PBH	C	0.52%
NEU	D	0.49%
FLO	C	0.47%
FANG	F	0.45%
HSY	D	0.45%
AJG	D	0.43%
TRV	C	0.43%
THFF	D	0.42%
K	A	0.4%
WEC	B	0.39%
MDLZ	C	0.39%
RLI	B	0.36%
NVEC	D	0.35%
OLLI	C	0.34%
AMSF	C	0.34%
JBSS	F	0.33%
RTX	B	0.33%
CASS	D	0.32%
IMMR	D	0.28%
MTSI	C	0.26%
LOPE	D	0.25%
KMI	C	0.24%
EBF	C	0.24%
EQC	D	0.24%
EXEL	C	0.23%
JJSF	B	0.23%
OLED	D	0.19%
SPOK	C	0.19%
SPNS	D	0.17%
QNST	C	0.15%
DGICA	C	0.12%
TNK	D	0.12%
CLBK	D	0.1%
DJCO	C	0.1%
DTM	C	0.1%
CNXN	B	0.08%
CB	B	0.08%
LRCX	D	0.08%
GLRE	C	0.06%
PEP	D	0.06%
LANC	F	0.06%
REYN	C	0.06%
UNM	B	0.06%
ATR	B	0.05%
SFL	D	0.05%
EIG	C	0.04%
DTE	A	0.04%
MU	D	0.04%
AKAM	D	0.04%
VRTX	D	0.04%
NBIX	F	0.04%
SPOT	C	0.03%
CMS	B	0.03%

VFMV Underweight 196 Positions Relative to AFLG

Symbol	Grade	Weight
NVDA	C	-4.8%
HIG	B	-1.13%
UHS	C	-1.12%
VST	B	-1.12%
COST	C	-0.92%
ELV	D	-0.91%
NRG	B	-0.81%
RL	B	-0.8%
AFL	A	-0.78%
FICO	B	-0.72%
CEG	C	-0.7%
CTAS	C	-0.69%
BK	B	-0.69%
BSX	B	-0.65%
RS	D	-0.63%
MMM	B	-0.62%
NFLX	B	-0.6%
CAT	B	-0.6%
EME	B	-0.59%
PHM	B	-0.58%
PEG	B	-0.57%
FFIV	B	-0.57%
ECL	B	-0.57%
BBY	A	-0.56%
APH	C	-0.56%
MAS	B	-0.56%
FE	B	-0.56%
CMCSA	C	-0.55%
SPG	B	-0.55%
ETN	C	-0.53%
APP	C	-0.53%
SNA	B	-0.53%
FOXA	B	-0.53%
CRM	C	-0.52%
MAA	C	-0.49%
AOS	B	-0.49%
CMI	B	-0.48%
TT	B	-0.48%
GDDY	C	-0.47%
KR	B	-0.47%
VICI	C	-0.46%
CTSH	B	-0.46%
GLPI	C	-0.43%
TPR	A	-0.42%
STLD	C	-0.42%
ICE	C	-0.42%
NVR	B	-0.42%
HST	D	-0.41%
CF	B	-0.41%
CSL	B	-0.41%
NUE	D	-0.39%
HSIC	C	-0.39%
AXP	B	-0.39%
HWM	B	-0.39%
DHI	C	-0.38%
LEN	B	-0.37%
WAB	B	-0.37%
BLDR	C	-0.37%
OGN	D	-0.37%
GRMN	D	-0.36%
PCAR	D	-0.36%
WSM	C	-0.36%
FIS	C	-0.36%
RHI	D	-0.35%
ADBE	F	-0.34%
WU	C	-0.34%
PM	C	-0.34%
OC	C	-0.34%
HLT	B	-0.34%
CMG	D	-0.33%
LOW	B	-0.33%
PKG	B	-0.33%
ERIE	B	-0.32%
VLO	F	-0.31%
MTCH	C	-0.31%
IP	C	-0.3%
IBKR	B	-0.3%
DVN	F	-0.3%
WELL	C	-0.3%
BRO	C	-0.29%
AIG	D	-0.28%
EVRG	B	-0.28%
TRGP	C	-0.27%
MANH	B	-0.27%
SOLV	D	-0.26%
LII	C	-0.26%
RF	B	-0.26%
CNC	D	-0.25%
BKNG	B	-0.25%
SWKS	F	-0.25%
EIX	B	-0.24%
ALNY	C	-0.24%
CFG	D	-0.24%
WPC	C	-0.24%
SYF	C	-0.23%
FDX	D	-0.23%
VRSN	C	-0.22%
PH	B	-0.22%
VSCO	C	-0.21%
MA	B	-0.21%
INCY	C	-0.21%
ZM	C	-0.21%
ACGL	B	-0.21%
VTR	C	-0.21%
PPG	C	-0.21%
KEYS	B	-0.21%
BAH	B	-0.2%
SHW	B	-0.2%
MRO	D	-0.2%
HUM	F	-0.19%
JBL	C	-0.19%
TROW	C	-0.19%
CVS	D	-0.19%
L	D	-0.18%
LKQ	F	-0.18%
NWSA	D	-0.18%
EXPE	C	-0.18%
GE	C	-0.17%
ULTA	D	-0.17%
GL	D	-0.17%
GWW	B	-0.17%
BEN	F	-0.17%
TOL	A	-0.16%
CPT	C	-0.16%
CI	C	-0.16%
EG	B	-0.16%
SYK	C	-0.15%
AIZ	B	-0.15%
SO	B	-0.14%
SCCO	C	-0.14%
BBWI	D	-0.14%
AMP	B	-0.14%
ANET	C	-0.13%
MPC	F	-0.13%
DELL	C	-0.13%
IT	C	-0.13%
KHC	C	-0.12%
VRT	C	-0.12%
EBAY	B	-0.11%
RPM	B	-0.11%
SSNC	C	-0.1%
J	A	-0.1%
MOH	D	-0.1%
ETSY	D	-0.1%
EQR	C	-0.1%
RMD	C	-0.1%
SPGI	C	-0.09%
QRVO	F	-0.09%
TEL	D	-0.09%
VTRS	D	-0.09%
CRBG	C	-0.09%
PRU	C	-0.09%
ALL	C	-0.08%
LYB	D	-0.08%
IPG	C	-0.08%
TXT	D	-0.08%
DXC	D	-0.08%
ADM	D	-0.07%
COP	F	-0.07%
BG	F	-0.07%
NXPI	D	-0.06%
IR	B	-0.06%
WSO	C	-0.06%
DINO	F	-0.06%
DKS	D	-0.05%
EPAM	F	-0.05%
ROST	C	-0.05%
PPL	A	-0.05%
SNPS	F	-0.05%
UTHR	B	-0.05%
WTW	B	-0.05%
ESS	C	-0.05%
DPZ	D	-0.05%
AVB	C	-0.05%
MCO	C	-0.05%
STT	B	-0.05%
TPL	C	-0.05%
UDR	C	-0.05%
ZION	D	-0.05%
CDNS	D	-0.05%
CVNA	B	-0.05%
DASH	B	-0.05%
PSA	C	-0.05%
WBA	F	-0.04%
BWA	C	-0.04%
CDW	D	-0.04%
PFG	B	-0.04%
PINS	D	-0.04%
HOLX	D	-0.04%
AMCR	B	-0.04%
MET	B	-0.04%
IVZ	B	-0.04%
MOS	F	-0.03%
TDG	B	-0.01%
ALLE	B	-0.01%
EQH	C	-0.0%