VTC vs. PFFL ETF Comparison

Comparison of Vanguard Total Corporate Bond ETF (VTC) to ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL)
VTC

Vanguard Total Corporate Bond ETF

VTC Description

The investment seeks to track the performance of a broad, market-weighted corporate bond index. The fund is a fund of funds and employs an indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. Corporate Bond Index, which measures the investment-grade, fixed-rate, taxable corporate bond market. The index includes U.S. dollar-denominated securities that are publicly issued by industrial, utility, and financial issuers.

Grade (RS Rating)

Last Trade

$74.38

Average Daily Volume

41,513

Number of Holdings *

2

* may have additional holdings in another (foreign) market
PFFL

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048

PFFL Description The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Grade (RS Rating)

Last Trade

$9.29

Average Daily Volume

5,102

Number of Holdings *

2

* may have additional holdings in another (foreign) market
Performance
Period VTC PFFL
30 Days -1.96% -9.71%
60 Days -1.21% -5.52%
90 Days -1.84% -3.36%
12 Months 1.22% -0.12%
0 Overlapping Holdings
Symbol Grade Weight in VTC Weight in PFFL Overlap
VTC Overweight 2 Positions Relative to PFFL
Symbol Grade Weight
VCLT C 33.37%
VCIT C 27.65%
VTC Underweight 2 Positions Relative to PFFL
Symbol Grade Weight
PFF C -50.23%
PGX C -49.77%
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