VFQY vs. USRD ETF Comparison

Comparison of Vanguard U.S. Quality Factor ETF (VFQY) to Themes US R&D Champions ETF (USRD)

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong fundamentals as determined by the advisor. 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

$141.98

Average Daily Volume

10,182

Number of Holdings ^*

386

* may have additional holdings in another (foreign) market

USRD

Themes US R&D Champions ETF

USRD Description

The index is designed to provide exposure to U.S. companies in the large- and mid- capitalization segments that rank in the top 50 companies based on the index Provider"s R&D intensity metric. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.91

Average Daily Volume

166

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFQY	USRD
30 Days	-0.24%	-0.45%
60 Days	5.41%	5.80%
90 Days	8.12%	11.99%
12 Months	28.10%

16 Overlapping Holdings

Symbol	Grade	Weight in VFQY	Weight in USRD	Overlap
ADBE	D	1.6%	1.69%	1.6%
ADSK	A	0.26%	2.21%	0.26%
ALGN	F	0.05%	1.78%	0.05%
AMAT	F	0.49%	1.79%	0.49%
CDNS	B	0.28%	1.99%	0.28%
CMI	A	0.12%	2.03%	0.12%
EA	A	0.29%	1.85%	0.29%
ENPH	F	0.08%	1.38%	0.08%
EXPE	A	0.38%	2.49%	0.38%
GOOGL	B	0.16%	1.94%	0.16%
HOLX	C	0.06%	1.77%	0.06%
JNJ	D	1.38%	1.82%	1.38%
LLY	F	0.24%	1.84%	0.24%
META	B	1.0%	2.15%	1.0%
NTAP	D	0.49%	1.82%	0.49%
QCOM	F	1.88%	1.85%	1.85%

VFQY Overweight 370 Positions Relative to USRD

Symbol	Grade	Weight
NKE	F	2.14%
GILD	A	2.1%
MMM	D	2.1%
AAPL	C	2.03%
TGT	D	1.91%
LULU	C	1.81%
WMT	A	1.74%
TJX	D	1.74%
MRK	F	1.69%
KLAC	F	1.63%
KMB	D	1.62%
CTAS	B	1.58%
PEP	F	1.54%
AXP	B	1.37%
PYPL	B	1.29%
COST	C	1.16%
AMZN	A	1.12%
IDXX	F	0.78%
CHRW	C	0.73%
FLO	D	0.7%
PAYX	B	0.63%
EQH	B	0.61%
AMP	A	0.57%
FAST	A	0.55%
AYI	A	0.53%
NVDA	B	0.53%
STT	A	0.53%
LSTR	D	0.5%
BBY	D	0.5%
PRI	B	0.49%
CVLT	C	0.49%
MSM	D	0.49%
FBP	D	0.48%
RPM	B	0.47%
SLM	C	0.47%
KR	A	0.46%
AFL	D	0.46%
AIG	B	0.44%
BLDR	D	0.44%
RHI	B	0.44%
DCI	B	0.44%
ALKS	C	0.43%
EBAY	D	0.43%
POOL	B	0.42%
MAT	A	0.4%
BPOP	D	0.4%
VRT	B	0.39%
CNO	B	0.39%
RL	A	0.39%
TDC	D	0.38%
TBBK	D	0.37%
LNTH	B	0.37%
AX	B	0.37%
KVUE	A	0.37%
CAT	B	0.36%
CASH	B	0.36%
ANF	F	0.36%
GWW	A	0.35%
DKS	F	0.35%
ECL	D	0.34%
OFG	D	0.34%
IT	B	0.34%
MANH	D	0.33%
UFPI	D	0.33%
NTRS	B	0.33%
GL	C	0.33%
SSD	D	0.33%
LPX	C	0.33%
DECK	B	0.33%
ZION	B	0.32%
WLY	B	0.32%
QLYS	D	0.32%
MPWR	F	0.32%
COKE	D	0.32%
BFH	C	0.32%
TPL	A	0.31%
WSFS	D	0.31%
CHE	F	0.3%
EL	F	0.3%
CROX	F	0.3%
ROK	C	0.3%
MSA	D	0.29%
AEO	F	0.29%
JXN	B	0.29%
DLTR	F	0.29%
AOS	F	0.28%
LMB	B	0.28%
VMI	A	0.28%
SYF	A	0.28%
SKX	D	0.27%
BJ	B	0.27%
APOG	B	0.27%
KD	F	0.27%
BR	B	0.26%
AVY	D	0.26%
NTB	C	0.26%
HIG	D	0.26%
CNM	C	0.26%
HAS	D	0.25%
APPF	D	0.24%
ULTA	D	0.24%
AIT	A	0.24%
M	C	0.24%
BBW	B	0.24%
A	C	0.23%
NUS	F	0.23%
TPR	B	0.23%
VOYA	C	0.22%
UTHR	A	0.22%
YOU	B	0.22%
WFRD	F	0.22%
HSY	F	0.22%
CFG	B	0.22%
YETI	F	0.22%
MEDP	F	0.22%
BLBD	F	0.22%
LECO	C	0.22%
CRUS	F	0.21%
SHOO	D	0.21%
EXPD	D	0.21%
CR	A	0.21%
MLI	A	0.21%
GPC	F	0.21%
CPNG	A	0.21%
PII	F	0.2%
KFRC	D	0.2%
BWA	D	0.2%
TTC	D	0.2%
WDFC	A	0.2%
SAM	B	0.2%
TREX	C	0.2%
WMS	D	0.2%
LOPE	C	0.2%
CASY	A	0.19%
IESC	B	0.19%
ROKU	D	0.19%
CRVL	C	0.19%
PJT	B	0.19%
PPG	F	0.19%
BBSI	A	0.18%
ASO	F	0.18%
TNET	F	0.18%
XRAY	F	0.18%
TK	D	0.17%
EXTR	C	0.17%
EPAC	A	0.17%
CHCO	B	0.17%
ROL	D	0.17%
NMIH	D	0.17%
CSWI	B	0.17%
PVH	D	0.17%
BCC	C	0.16%
IDT	B	0.16%
PLMR	D	0.16%
PSTG	D	0.16%
TDOC	C	0.16%
MA	B	0.16%
RMD	B	0.16%
SONO	C	0.16%
ILMN	A	0.16%
ADP	A	0.16%
JKHY	A	0.16%
MPC	F	0.15%
PEGA	A	0.15%
INGR	A	0.15%
SCS	F	0.15%
NSP	F	0.15%
BXC	B	0.15%
WTS	D	0.15%
PLAB	D	0.15%
FIZZ	B	0.15%
COR	B	0.14%
WHD	C	0.14%
HCKT	A	0.14%
GMS	B	0.14%
HWKN	D	0.14%
MOH	D	0.14%
EOG	F	0.14%
BOKF	B	0.14%
FFIV	B	0.14%
BELFB	C	0.13%
PRDO	B	0.13%
GTLB	B	0.13%
JBSS	F	0.13%
YELP	D	0.13%
FC	C	0.13%
HNI	D	0.13%
GIII	C	0.13%
FELE	D	0.13%
CHGG	D	0.13%
AON	B	0.13%
CCRN	F	0.12%
SLVM	A	0.12%
PDCO	C	0.12%
CSGS	C	0.12%
JBL	B	0.12%
CPF	D	0.12%
INDB	B	0.12%
TILE	A	0.12%
ATEN	B	0.12%
WABC	B	0.12%
XP	F	0.12%
PEN	B	0.12%
BHF	C	0.11%
UVE	D	0.11%
CEIX	A	0.11%
CATY	B	0.11%
PCRX	C	0.11%
INCY	A	0.11%
BKE	A	0.11%
CAL	F	0.11%
STRL	B	0.11%
NVR	C	0.11%
CUBI	F	0.11%
TXG	F	0.11%
PRMW	B	0.11%
FIX	B	0.11%
DFIN	F	0.1%
MCRI	A	0.1%
MTG	D	0.1%
PFGC	A	0.1%
ODFL	B	0.1%
THRY	F	0.1%
LANC	B	0.1%
MBUU	B	0.1%
SPTN	C	0.1%
TER	F	0.1%
SRCE	B	0.1%
ACAD	F	0.1%
LCII	D	0.1%
MAN	F	0.1%
PINS	C	0.1%
MRC	C	0.1%
RS	C	0.1%
KAI	A	0.1%
DXC	C	0.09%
SUPN	B	0.09%
LSCC	D	0.09%
BHLB	B	0.09%
RSI	C	0.09%
PSMT	D	0.09%
TCBI	B	0.09%
SPOT	B	0.09%
SOLV	B	0.09%
ELF	F	0.09%
OXM	F	0.09%
CBU	A	0.09%
CSL	D	0.09%
LZB	D	0.09%
NYT	C	0.09%
WCC	B	0.09%
SFIX	C	0.08%
SEIC	A	0.08%
CRCT	C	0.08%
EME	A	0.08%
ETD	F	0.08%
ARLO	F	0.08%
GGG	C	0.08%
MLKN	D	0.08%
ROST	D	0.08%
CVBF	B	0.08%
CDRE	D	0.08%
SM	F	0.08%
AMSF	B	0.08%
CDW	F	0.08%
EGY	F	0.08%
UAA	B	0.08%
SBSI	D	0.07%
ANIP	F	0.07%
MCO	D	0.07%
AAP	F	0.07%
AMAL	B	0.07%
ACT	D	0.07%
CDNA	D	0.07%
EYE	C	0.07%
YEXT	B	0.07%
VRTS	C	0.07%
PRLB	B	0.07%
IOSP	D	0.07%
CNXN	D	0.07%
ASC	F	0.07%
BMI	D	0.07%
CARG	A	0.07%
GCO	F	0.07%
DHIL	D	0.07%
ODP	D	0.07%
ZEUS	F	0.06%
APAM	B	0.06%
LYTS	B	0.06%
NSSC	F	0.06%
MUSA	D	0.06%
CRAI	B	0.06%
FULT	B	0.06%
MMS	D	0.06%
USNA	D	0.06%
OLN	F	0.06%
STLD	B	0.06%
MYGN	F	0.06%
DAKT	B	0.06%
EVER	F	0.06%
AVAV	B	0.06%
PG	D	0.06%
POWL	A	0.06%
RDN	D	0.06%
ACCO	C	0.05%
BRKR	F	0.05%
OSUR	D	0.05%
MASI	A	0.05%
ICFI	B	0.05%
HVT	F	0.05%
WTTR	C	0.05%
VITL	B	0.05%
TRIP	C	0.05%
IMKTA	D	0.05%
TTI	C	0.05%
SCHL	F	0.04%
ORGO	B	0.04%
TH	F	0.04%
EXLS	A	0.04%
CPRX	A	0.04%
UTI	B	0.04%
MCFT	D	0.04%
HY	D	0.04%
AMR	D	0.04%
LQDT	C	0.04%
GOLF	D	0.04%
SNA	A	0.04%
REVG	C	0.04%
SXI	B	0.04%
BLD	D	0.04%
HAE	D	0.04%
MBIN	F	0.04%
HNST	C	0.04%
OEC	F	0.04%
CTS	B	0.04%
TNK	F	0.04%
KELYA	D	0.03%
TNC	F	0.03%
SXC	B	0.03%
FBIN	B	0.03%
SN	D	0.03%
MOV	F	0.03%
HAFC	A	0.03%
BECN	B	0.03%
OII	C	0.03%
GNRC	A	0.03%
BKNG	A	0.03%
MLAB	D	0.03%
UPBD	D	0.03%
ANGO	D	0.03%
DUOL	B	0.03%
UDMY	C	0.03%
GPRO	C	0.03%
TBI	F	0.03%
MYE	F	0.03%
PFBC	B	0.02%
TCBK	B	0.02%
PLOW	F	0.02%
INGN	D	0.02%
NWL	B	0.02%
ATKR	C	0.02%
COUR	F	0.02%
AZEK	C	0.02%
KRNY	B	0.02%
EGBN	B	0.02%
RYI	C	0.02%
RGP	F	0.02%
TCMD	D	0.02%
LKFN	B	0.02%
CXT	F	0.02%

VFQY Underweight 34 Positions Relative to USRD

Symbol	Grade	Weight
TTD	B	-2.53%
ORCL	B	-2.46%
ZM	A	-2.43%
LDOS	A	-2.35%
KEYS	C	-2.28%
CSCO	A	-2.23%
NOW	A	-2.22%
GM	A	-2.21%
CTVA	A	-2.2%
TRMB	B	-2.17%
ANET	B	-2.17%
HPE	B	-2.16%
VEEV	C	-2.11%
CARR	D	-2.08%
FTNT	C	-2.07%
AMD	F	-2.04%
ISRG	A	-2.03%
BSX	B	-2.03%
MDT	B	-2.01%
EW	D	-1.97%
ANSS	C	-1.96%
IBM	D	-1.95%
AKAM	D	-1.95%
MELI	C	-1.95%
GEHC	D	-1.94%
ROP	F	-1.94%
DOX	B	-1.92%
SNPS	C	-1.9%
NOC	D	-1.87%
APTV	F	-1.84%
CSGP	D	-1.82%
INTU	D	-1.8%
REGN	F	-1.49%
SMCI	F	-1.2%