IYLD vs. VTEB ETF Comparison

Comparison of iShares Morningstar Multi-Asset Income ETF (IYLD) to Vanguard Tax-Exempt Bond ETF (VTEB)

IYLD

iShares Morningstar Multi-Asset Income ETF

IYLD Description

The investment seeks to track the investment results of the Morningstar® Multi-Asset High Income IndexSM. The fund generally will invest at least 90% of its assets in 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. The index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The fund is a fund-of-funds and invests primarily in the securities of the underlying funds that themselves seek investment results corresponding to their own underlying indexes.

Grade (RS Rating)

Last Trade

$20.02

Average Daily Volume

11,005

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

VTEB

Vanguard Tax-Exempt Bond ETF

VTEB Description

The investment seeks to track the Standard & Poor's National AMT-Free Municipal Bond Index, which measures the performance of the investment-grade segment of the U.S. municipal bond market. This index includes municipal bonds from issuers that are primarily state or local governments or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). 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 securities held in the index.

Grade (RS Rating)

Last Trade

$50.41

Average Daily Volume

3,954,057

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	IYLD	VTEB
30 Days	2.03%	1.19%
60 Days	1.71%	0.99%
90 Days	3.61%	1.48%
12 Months	9.21%	3.67%

0 Overlapping Holdings

	Symbol	Grade	Weight in IYLD	Weight in VTEB	Overlap

IYLD Overweight 10 Positions Relative to VTEB

	Symbol	Grade	Weight
	PFF	A	15.2%
	ISTB	A	15.15%
	USHY	A	15.12%
	FLOT	A	15.07%
	EFV	A	14.6%
	AGZ	A	5.39%
	USRT	A	5.23%
	CEMB	A	5.04%
	LEMB	C	4.62%
	ILF	D	4.5%

IYLD Underweight 1 Positions Relative to VTEB

	Symbol	Grade	Weight
	NYC	B	-0.02%

IYLD: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Index Fund Bond Market Corporate Bond Bloomberg Barclays Us Aggregate Bond Index Exchange Traded Funds U.S. Government Barclays U.S. Government Bond Market Indices Currency Debenture Debt EAFE Futures Markets Ishares MSCI EAFE Money Market Fund Morningstar Mlp Composite Index Tr

VTEB: Top Represented Industries & Keywords

Industries:

Keywords: New York Stock Exchange Nyse Euronext Real Estate Investment Trust