VFMV vs. MDIV ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to Multi-Asset Diversified Income Index Fund (MDIV)

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

$126.49

Average Daily Volume

6,724

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.76

Average Daily Volume

86,599

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	MDIV
30 Days	2.93%	1.28%
60 Days	3.96%	0.73%
90 Days	4.73%	2.82%
12 Months	26.73%	17.80%

13 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in MDIV	Overlap
CTRE	C	0.65%	0.6%	0.6%
CVX	A	0.9%	0.41%	0.41%
DTM	A	0.35%	0.45%	0.35%
DUK	C	1.42%	0.34%	0.34%
FANG	C	0.3%	0.47%	0.3%
FE	C	0.77%	0.35%	0.35%
FLO	D	0.38%	0.37%	0.37%
GILD	C	0.83%	0.44%	0.44%
GIS	D	1.0%	0.3%	0.3%
IBM	C	1.52%	0.34%	0.34%
T	A	1.41%	0.6%	0.6%
VZ	C	1.0%	0.6%	0.6%
WEC	A	0.45%	0.37%	0.37%

VFMV Overweight 152 Positions Relative to MDIV

Symbol	Grade	Weight
MCK	A	1.52%
ADI	D	1.5%
DOX	D	1.5%
EQC	B	1.49%
JNJ	C	1.49%
ABT	B	1.49%
PGR	A	1.48%
PG	C	1.48%
TXN	C	1.48%
COR	B	1.48%
LMT	D	1.47%
MRK	D	1.46%
ED	C	1.44%
CHD	A	1.44%
TMUS	B	1.43%
KO	D	1.4%
SO	C	1.38%
CVLT	B	1.38%
NTAP	C	1.37%
ROP	B	1.33%
MSFT	D	1.3%
TJX	A	1.27%
CSCO	B	1.25%
XOM	B	1.23%
RSG	A	1.2%
NOC	D	1.17%
EA	A	1.16%
GD	D	1.14%
CME	B	1.14%
MUSA	B	1.13%
REGN	F	1.12%
ORLY	B	1.11%
IDT	B	1.1%
WMT	A	1.08%
RTX	D	1.06%
IDCC	B	1.06%
WM	B	1.06%
KEX	B	1.05%
CL	D	1.05%
CBOE	C	1.04%
FCN	F	0.98%
LRN	A	0.97%
HPQ	B	0.96%
WTW	B	0.93%
MGEE	B	0.89%
HSTM	B	0.84%
MCD	D	0.79%
VECO	F	0.78%
DLB	B	0.78%
BSX	A	0.75%
UNH	B	0.75%
TYL	B	0.74%
ABBV	F	0.74%
TKO	A	0.73%
CHE	D	0.69%
SPOT	B	0.68%
SAFT	B	0.67%
BLKB	B	0.66%
CRUS	D	0.64%
AVGO	D	0.64%
GOOGL	C	0.64%
CAH	B	0.64%
NSIT	F	0.56%
WTM	A	0.54%
AAPL	C	0.54%
YELP	C	0.52%
NABL	F	0.51%
GOOG	C	0.48%
META	D	0.47%
GDDY	A	0.46%
MATX	C	0.45%
PBH	A	0.42%
NEU	D	0.4%
TRV	B	0.38%
INSW	F	0.37%
WMB	A	0.37%
HOLX	D	0.36%
HSY	F	0.36%
V	A	0.35%
AJG	A	0.35%
PPC	C	0.34%
AZO	C	0.34%
LAUR	A	0.34%
NVEC	B	0.33%
THFF	B	0.33%
PFE	F	0.32%
LLY	F	0.32%
BRK.A	B	0.31%
VERX	A	0.3%
RLI	A	0.3%
MDLZ	F	0.28%
QRVO	F	0.28%
OLLI	D	0.26%
ATR	B	0.25%
QCOM	F	0.25%
LIN	C	0.24%
JBSS	F	0.24%
MO	A	0.24%
ROL	B	0.23%
MCS	B	0.22%
EXEL	B	0.21%
AMSF	B	0.21%
LOPE	C	0.2%
MTSI	B	0.2%
DECK	A	0.2%
IMMR	C	0.2%
KMI	A	0.2%
ACN	B	0.2%
EBF	F	0.2%
JJSF	C	0.19%
CASS	C	0.19%
AEE	A	0.19%
QNST	B	0.18%
HQY	A	0.18%
SPOK	B	0.15%
FDP	B	0.15%
AMGN	F	0.14%
OLED	F	0.14%
HCKT	B	0.14%
SPNS	F	0.14%
TW	A	0.13%
PI	D	0.12%
CI	D	0.11%
PSX	C	0.1%
DGICA	A	0.1%
TNK	F	0.09%
DJCO	B	0.09%
AMAT	F	0.08%
KLAC	F	0.07%
CNXN	C	0.07%
CB	C	0.07%
UNM	A	0.06%
CTSH	B	0.06%
OSIS	A	0.06%
JPM	A	0.05%
AKAM	D	0.04%
CNA	C	0.04%
PEBK	B	0.04%
LANC	C	0.04%
CLBK	C	0.04%
GLRE	B	0.04%
PEP	F	0.04%
CMS	C	0.03%
NBIX	C	0.03%
MSI	B	0.03%
BCAL	B	0.03%
EIG	B	0.03%
VRTX	D	0.03%
DTE	C	0.03%
MRAM	D	0.02%
FFNW	C	0.02%
MU	D	0.02%

VFMV Underweight 90 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	B	-20.0%
IEP	F	-1.51%
PMT	C	-1.47%
ARLP	A	-1.41%
DMLP	A	-1.3%
BSM	B	-1.28%
KRP	B	-1.27%
DKL	C	-1.2%
CAPL	C	-1.17%
USAC	B	-1.16%
AGNCN	A	-1.09%
APLE	B	-1.05%
LADR	B	-1.03%
EPR	C	-0.99%
GLP	A	-0.96%
MPLX	A	-0.95%
LTC	B	-0.94%
CQP	B	-0.92%
ET	A	-0.91%
NRP	B	-0.89%
WES	C	-0.86%
GTY	A	-0.84%
HST	C	-0.83%
EPD	A	-0.82%
FITBI	B	-0.79%
GLPI	C	-0.79%
CHSCO	B	-0.78%
SPG	A	-0.77%
CHSCL	B	-0.76%
SUN	B	-0.74%
AAT	B	-0.72%
CHSCN	D	-0.72%
RZC	C	-0.72%
PAA	B	-0.71%
VICI	C	-0.71%
IIPR	D	-0.71%
FCPT	C	-0.71%
CHSCM	D	-0.69%
PAGP	A	-0.67%
NHI	D	-0.65%
WU	F	-0.64%
NNN	C	-0.64%
BRX	A	-0.63%
ALEX	B	-0.62%
LAMR	C	-0.61%
CDP	C	-0.58%
REG	A	-0.57%
MAA	B	-0.57%
PSA	C	-0.56%
CUBE	C	-0.56%
BMY	B	-0.55%
CHRD	D	-0.54%
ENLC	A	-0.51%
OKE	A	-0.51%
TROW	B	-0.46%
NWE	B	-0.45%
EVRG	A	-0.44%
GEL	D	-0.44%
ETR	B	-0.44%
BKH	A	-0.43%
AVA	A	-0.43%
HMN	B	-0.42%
PINC	B	-0.42%
SR	A	-0.42%
LYB	F	-0.41%
PRU	A	-0.4%
PNM	B	-0.39%
XEL	A	-0.39%
VTRS	A	-0.39%
EXC	C	-0.38%
CAG	F	-0.38%
OGS	A	-0.38%
KHC	F	-0.38%
ES	C	-0.37%
DVN	F	-0.36%
POR	C	-0.36%
PNC	B	-0.36%
MSM	C	-0.36%
DRI	B	-0.36%
IPG	D	-0.34%
EIX	B	-0.34%
NJR	A	-0.34%
SJM	D	-0.33%
FAF	A	-0.33%
SON	F	-0.32%
NFG	A	-0.32%
KMB	C	-0.31%
MDT	D	-0.31%
AEP	C	-0.31%
NMM	D	-0.05%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream