HDLB vs. VCIT ETF Comparison

Comparison of ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)
HDLB

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044

HDLB Description

The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive US High Dividend Low Volatility Index. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. The Securities seek to approximate the monthly returns that might be available to investors through a leveraged “long” investment in the index constituent securities.

Grade (RS Rating)

Last Trade

$15.47

Average Daily Volume

2,751

Number of Holdings *

37

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

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$81.02

Average Daily Volume

6,271,503

Number of Holdings *

488

* may have additional holdings in another (foreign) market
Performance
Period HDLB VCIT
30 Days 4.78% -0.48%
60 Days 9.79% -2.66%
90 Days 17.43% -1.47%
12 Months 63.28% 8.62%
26 Overlapping Holdings
Symbol Grade Weight in HDLB Weight in VCIT Overlap
ABBV D 9.8% 0.13% 0.13%
AEP D 2.58% 0.01% 0.01%
ARCC A 0.46% 0.05% 0.05%
D C 2.76% 0.01% 0.01%
DUK C 3.27% 0.01% 0.01%
ED D 1.85% 0.01% 0.01%
EIX B 1.34% 0.01% 0.01%
ETR B 1.73% 0.01% 0.01%
FSK A 0.25% 0.02% 0.02%
GILD C 5.14% 0.01% 0.01%
GLPI C 0.44% 0.03% 0.03%
IBM C 5.12% 0.01% 0.01%
K A 1.47% 0.02% 0.02%
MO A 3.18% 0.02% 0.02%
NI A 0.91% 0.03% 0.03%
O D 2.51% 0.03% 0.03%
OGE B 0.43% 0.01% 0.01%
PFE D 13.4% 0.03% 0.03%
PM B 3.83% 0.02% 0.02%
PNW B 0.78% 0.01% 0.01%
SO D 2.94% 0.02% 0.02%
SRE A 1.71% 0.03% 0.03%
T A 8.79% 0.05% 0.05%
VZ C 9.25% 0.04% 0.04%
WPC D 0.76% 0.02% 0.02%
WU D 0.73% 0.02% 0.02%
HDLB Overweight 11 Positions Relative to VCIT
Symbol Grade Weight
VICI C 1.93%
KHC F 1.93%
PPL B 1.48%
NLY C 1.43%
FE C 1.42%
IP B 1.22%
MPW F 1.04%
AGNC D 1.03%
STAG F 0.4%
KD B 0.14%
ONL C 0.07%
HDLB Underweight 462 Positions Relative to VCIT
Symbol Grade Weight
DT C -0.28%
MSFT F -0.23%
WIT A -0.15%
AXP A -0.11%
DD D -0.1%
AMZN C -0.09%
TMUS B -0.09%
BIIB F -0.07%
RJF A -0.07%
NOW A -0.07%
MET A -0.07%
DLTR F -0.07%
DB D -0.07%
CRM B -0.07%
COST B -0.07%
BABA D -0.07%
HAL C -0.06%
VRSK A -0.06%
REGN F -0.06%
KOF F -0.06%
TSN B -0.06%
NVDA C -0.06%
CHTR C -0.06%
MRK F -0.06%
ADM D -0.05%
BMO A -0.05%
ZBH C -0.05%
PWR A -0.05%
STE F -0.05%
QRVO F -0.05%
SLB C -0.05%
LDOS C -0.05%
IEX B -0.05%
EOG A -0.05%
CTAS B -0.05%
CAH B -0.05%
TD F -0.05%
NVR D -0.05%
MRO B -0.05%
SYY B -0.05%
NEM D -0.05%
ADBE C -0.05%
BHF B -0.05%
PH A -0.05%
EXPE B -0.05%
AZN D -0.05%
PYPL B -0.05%
HCA F -0.05%
INTC D -0.05%
NWG C -0.05%
QCOM F -0.05%
GS A -0.05%
PSX C -0.04%
L A -0.04%
DHR F -0.04%
EA A -0.04%
CMI A -0.04%
AGR B -0.04%
BEN C -0.04%
AMG B -0.04%
VRSN F -0.04%
URI B -0.04%
UHS D -0.04%
XRAY F -0.04%
MOS F -0.04%
MTB A -0.04%
ITW B -0.04%
INVH D -0.04%
KLAC D -0.04%
EXP A -0.04%
CNH C -0.04%
LVS C -0.04%
LMT D -0.04%
MPC D -0.04%
EBAY D -0.04%
BR A -0.04%
ADI D -0.04%
PAA B -0.04%
LRCX F -0.04%
HPQ B -0.04%
ADP B -0.04%
FANG D -0.04%
AER B -0.04%
AMAT F -0.04%
BLK C -0.04%
WAB B -0.04%
MPLX A -0.04%
GIS D -0.04%
PG A -0.04%
OTIS C -0.04%
NKE D -0.04%
ET A -0.04%
MMC B -0.04%
VTRS A -0.04%
GOOGL C -0.04%
GSK F -0.04%
DELL C -0.04%
CARR D -0.04%
GE D -0.04%
VOD F -0.04%
LLY F -0.03%
MRVL B -0.03%
KEX C -0.03%
HRB D -0.03%
JNPR F -0.03%
INGR B -0.03%
ILMN D -0.03%
JBL B -0.03%
KSS F -0.03%
FHN A -0.03%
EMN D -0.03%
FAF A -0.03%
AYI B -0.03%
ADSK A -0.03%
BNS A -0.03%
BERY B -0.03%
TSCO D -0.03%
SWKS F -0.03%
RF A -0.03%
SBRA C -0.03%
NDAQ A -0.03%
LIN D -0.03%
HP B -0.03%
HIG B -0.03%
JD D -0.03%
DXC B -0.03%
FLS B -0.03%
EW C -0.03%
DOX D -0.03%
ETN A -0.03%
BC C -0.03%
CNO A -0.03%
CME A -0.03%
CMA A -0.03%
AGO B -0.03%
CHRW C -0.03%
ARW D -0.03%
ACGL D -0.03%
AAT B -0.03%
BDN C -0.03%
TEL B -0.03%
WB D -0.03%
ZION B -0.03%
VNT B -0.03%
TRMB B -0.03%
RPM A -0.03%
PHM D -0.03%
RL B -0.03%
SCS C -0.03%
SON D -0.03%
SNX C -0.03%
RGA A -0.03%
HST C -0.03%
DAL C -0.03%
CSL C -0.03%
FMC D -0.03%
SWK D -0.03%
TT A -0.03%
VFC C -0.03%
SJM D -0.03%
NTAP C -0.03%
KEYS A -0.03%
CFG B -0.03%
OMC C -0.03%
EFX F -0.03%
AZO C -0.03%
VLO C -0.03%
WTRG B -0.03%
LYB F -0.03%
MU D -0.03%
ICE C -0.03%
FLEX A -0.03%
FITB A -0.03%
CPB D -0.03%
FIS C -0.03%
BG F -0.03%
SYF B -0.03%
CCI D -0.03%
TMO F -0.03%
UPS C -0.03%
NXPI D -0.03%
V A -0.03%
MA C -0.03%
DG F -0.03%
HD A -0.03%
DLR B -0.03%
AMT D -0.03%
ROP B -0.03%
BKNG A -0.03%
TDY B -0.03%
EPD A -0.03%
COF B -0.03%
BDX F -0.03%
FOXA B -0.03%
MUFG B -0.03%
DIS B -0.03%
KDP D -0.03%
BMY B -0.03%
BA F -0.03%
UNM A -0.02%
TME D -0.02%
R B -0.02%
SKT B -0.02%
SITC D -0.02%
PKG A -0.02%
RS B -0.02%
ROST C -0.02%
SAFE D -0.02%
AIZ A -0.02%
AVT C -0.02%
CINF A -0.02%
CHD B -0.02%
BKU A -0.02%
CE F -0.02%
AN C -0.02%
AMH D -0.02%
NVT B -0.02%
GPC D -0.02%
HR C -0.02%
IFF D -0.02%
GXO B -0.02%
EPRT B -0.02%
DHI D -0.02%
FTNT C -0.02%
FRT B -0.02%
TKR D -0.02%
RYN D -0.02%
SF B -0.02%
NOV C -0.02%
NHI D -0.02%
MHK D -0.02%
DOV A -0.02%
DSS F -0.02%
AFG A -0.02%
WBS A -0.02%
WBA F -0.02%
VOYA B -0.02%
VNO B -0.02%
CTVA C -0.02%
EXR D -0.02%
DRI B -0.02%
OSK B -0.02%
LII A -0.02%
MDT D -0.02%
MCY A -0.02%
PDM D -0.02%
OC A -0.02%
LEG F -0.02%
LAZ B -0.02%
KIM A -0.02%
KRC C -0.02%
AVY D -0.02%
REG B -0.02%
PRE D -0.02%
MAS D -0.02%
LNC B -0.02%
MCO B -0.02%
NUE C -0.02%
INTU C -0.02%
JCI C -0.02%
H B -0.02%
BBY D -0.02%
ALLE D -0.02%
ALL A -0.02%
BAX D -0.02%
AVB B -0.02%
ATO A -0.02%
CBOE B -0.02%
PFG D -0.02%
SPGI C -0.02%
PPG F -0.02%
GL B -0.02%
EQR B -0.02%
EPR D -0.02%
EL F -0.02%
FNF B -0.02%
TXN C -0.02%
ZTS D -0.02%
CP D -0.02%
XYL D -0.02%
VMC B -0.02%
LEA D -0.02%
HUN F -0.02%
CNP B -0.02%
CMS C -0.02%
BRO B -0.02%
BIDU F -0.02%
AWK D -0.02%
AES F -0.02%
A D -0.02%
VTR C -0.02%
PRU A -0.02%
MMM D -0.02%
KEY B -0.02%
KMB D -0.02%
ESGR B -0.02%
HBAN A -0.02%
EQIX A -0.02%
FDX B -0.02%
APD A -0.02%
NTRS A -0.02%
IPG D -0.02%
CPT B -0.02%
CAT B -0.02%
SYK C -0.02%
STLD B -0.02%
MSI B -0.02%
CSX B -0.02%
APH A -0.02%
TGT F -0.02%
UNP C -0.02%
RPRX D -0.02%
PEP F -0.02%
GM B -0.02%
HES B -0.02%
JEF A -0.02%
TFC A -0.02%
STZ D -0.02%
SHW A -0.02%
SBUX A -0.02%
GPN B -0.02%
BXP D -0.02%
NOC D -0.02%
MDLZ F -0.02%
ABT B -0.02%
AIG B -0.02%
CVS D -0.02%
ORCL B -0.02%
CI F -0.02%
CMCSA B -0.02%
C A -0.02%
GBDC C -0.01%
SAVE D -0.01%
OCSL F -0.01%
GOOG C -0.01%
SNA A -0.01%
PNR A -0.01%
PSEC D -0.01%
NEU C -0.01%
OGS A -0.01%
APTV D -0.01%
KRG B -0.01%
WTFC A -0.01%
CBT C -0.01%
KMT B -0.01%
WLK D -0.01%
THG A -0.01%
WEC A -0.01%
CHH A -0.01%
ADC B -0.01%
KMPR B -0.01%
ROK B -0.01%
RNR C -0.01%
AAL B -0.01%
HUBB B -0.01%
HSY F -0.01%
LXP D -0.01%
NFG A -0.01%
MKL A -0.01%
OPI F -0.01%
NSC B -0.01%
HPP F -0.01%
CUBE D -0.01%
DVN F -0.01%
BKH A -0.01%
UDR B -0.01%
TXT D -0.01%
SWX B -0.01%
PSA D -0.01%
HUM C -0.01%
GP F -0.01%
HIW D -0.01%
FLO D -0.01%
AXS A -0.01%
PEG A -0.01%
REXR F -0.01%
XEL A -0.01%
PGR A -0.01%
EVRG A -0.01%
CNA B -0.01%
CLX B -0.01%
AAP C -0.01%
SUI D -0.01%
TJX A -0.01%
NNN D -0.01%
LH C -0.01%
HII D -0.01%
EMR A -0.01%
DGX A -0.01%
AL B -0.01%
ORLY B -0.01%
LNT A -0.01%
AEE A -0.01%
RSG A -0.01%
MLM B -0.01%
OHI C -0.01%
HAS D -0.01%
ESS B -0.01%
ES D -0.01%
AMCR D -0.01%
WELL A -0.01%
MAA B -0.01%
MKC D -0.01%
HRL D -0.01%
DTE C -0.01%
ARE D -0.01%
DOC D -0.01%
SPG B -0.01%
KR B -0.01%
DE A -0.01%
GD F -0.01%
BWA D -0.01%
STT A -0.01%
WM A -0.01%
WHR B -0.01%
PLD D -0.01%
LHX C -0.01%
CB C -0.01%
USB A -0.01%
WY D -0.01%
OKE A -0.01%
DFS B -0.01%
AON A -0.01%
KMI A -0.01%
ECL D -0.01%
DOW F -0.01%
CVX A -0.01%
BK A -0.01%
WEST C -0.01%
WMB A -0.01%
KO D -0.01%
BSX B -0.01%
BRX A -0.01%
SCHW B -0.01%
MAR B -0.01%
LEN D -0.01%
MCD D -0.01%
JNJ D -0.01%
EXC C -0.01%
EQH B -0.01%
CAG D -0.01%
AMGN D -0.01%
AFL B -0.01%
LOW D -0.01%
PNC B -0.01%
HON B -0.01%
COP C -0.01%
UNH C -0.01%
XOM B -0.01%
NEE D -0.01%
LUV C -0.01%
AAPL C -0.01%
WMT A -0.01%
UAL A -0.01%
MS A -0.01%
WFC A -0.01%
RTX C -0.01%
HSBC B -0.01%
PCG A -0.01%
JPM A -0.01%
AVGO D -0.01%
BAC A -0.01%
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