VPL vs. IVLU ETF Comparison

Comparison of Vanguard FTSE Pacific ETF (VPL) to iShares MSCI International Developed Value Factor ETF (IVLU)

VPL

Vanguard FTSE Pacific ETF

VPL Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in the major markets of the Pacific region. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Asia Pacific Index. The FTSE Developed Asia Pacific Index consists of approximately 808 common stocks of companies located in Japan, Australia, Korea, Hong Kong, Singapore, and New Zealand. As of May 31, 2013, Japan and Australia made up approximately 55% and 20%, respectively, of the index's market capitalization.

Grade (RS Rating)

Last Trade

$74.09

Average Daily Volume

360,096

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IVLU

iShares MSCI International Developed Value Factor ETF

IVLU Description

The investment seeks to track the investment results of the MSCI World ex USA Enhanced Value Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the underlying index. The index is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.69

Average Daily Volume

199,383

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VPL	IVLU
30 Days	0.49%	-2.10%
60 Days	-4.68%	-5.43%
90 Days	-4.55%	-4.88%
12 Months	10.43%	12.56%

7 Overlapping Holdings

Symbol	Grade	Weight in VPL	Weight in IVLU	Overlap
AGCO	D	0.07%	0.12%	0.07%
HMC	F	0.59%	0.69%	0.59%
MFG	B	0.65%	0.66%	0.65%
MUFG	B	1.46%	1.11%	1.11%
NMR	B	0.18%	0.19%	0.18%
SMFG	B	0.97%	0.87%	0.87%
TM	D	2.5%	1.84%	1.84%

VPL Overweight 20 Positions Relative to IVLU

Symbol	Grade	Weight
SONY	B	1.29%
KB	B	0.27%
SHG	D	0.22%
XRX	F	0.18%
KEP	B	0.05%
MBAVU	D	0.05%
AEI	D	0.05%
LIF	D	0.04%
LPL	F	0.03%
MNTX	C	0.01%
PIXY	F	0.01%
CALX	D	0.0%
VGR	D	0.0%
CTS	C	0.0%
SLDB	F	0.0%
GCBC	C	0.0%
VMAR	F	0.0%
RENB	F	0.0%
CHGX	A	0.0%
IONR	D	0.0%

VPL Underweight 0 Positions Relative to IVLU

	Symbol	Grade	Weight

VPL: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Auto Manufacturers Banks - Global Consumer Electronics Biotechnology Capital Markets Communication Equipment Diversified Industrials Drug Manufacturers - Specialty & Generic Electronic Components Farm & Construction Equipment Information Technology Services Leisure Other Industrial Metals & Mining Real Estate - Development Savings & Cooperative Banks Software - Application Staffing & Outsourcing Services Tobacco Utilities - Regulated Electric