VAW vs. VUSE ETF Comparison

Comparison of Vanguard Materials ETF - DNQ (VAW) to Vident Core US Equity ETF (VUSE)

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$204.57

Average Daily Volume

32,365

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$55.88

Average Daily Volume

17,608

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	VAW	VUSE
30 Days	2.49%	1.06%
60 Days	3.26%	2.08%
90 Days	4.61%	3.74%
12 Months	16.44%	17.65%

4 Overlapping Holdings

Symbol	Grade	Weight in VAW	Weight in VUSE	Overlap
AMR	F	0.23%	0.57%	0.23%
ECL	B	4.2%	1.28%	1.28%
HCC	F	0.26%	0.23%	0.23%
SHW	B	5.99%	1.01%	1.01%

VAW Overweight 113 Positions Relative to VUSE

Symbol	Grade	Weight
LIN	B	15.46%
FCX	D	4.61%
APD	B	4.15%
NEM	B	4.0%
CTVA	B	2.77%
NUE	F	2.77%
DOW	D	2.71%
MLM	D	2.59%
VMC	D	2.57%
DD	B	2.47%
PPG	C	2.11%
LYB	F	1.83%
IFF	B	1.8%
SW	B	1.64%
STLD	D	1.42%
BALL	C	1.42%
PKG	B	1.27%
RS	D	1.24%
AVY	D	1.23%
RPM	B	1.11%
CE	D	1.11%
AMCR	C	1.08%
IP	B	1.08%
CF	B	1.01%
EMN	B	0.86%
CCK	A	0.76%
ATR	B	0.69%
MOS	F	0.68%
ALB	F	0.67%
EXP	B	0.66%
X	D	0.65%
GPK	B	0.65%
ATI	C	0.6%
AXTA	C	0.56%
AA	D	0.55%
BERY	B	0.54%
CLF	F	0.54%
FMC	C	0.52%
CRS	B	0.51%
CMC	D	0.49%
RGLD	B	0.48%
LPX	B	0.45%
ESI	D	0.44%
WLK	D	0.4%
BCPC	C	0.4%
OLN	D	0.39%
SEE	D	0.39%
CBT	B	0.39%
SON	C	0.37%
SUM	C	0.36%
ASH	D	0.33%
FUL	D	0.33%
SLGN	B	0.31%
KNF	B	0.3%
NEU	D	0.29%
AVNT	B	0.29%
HUN	D	0.28%
CC	F	0.25%
SMG	C	0.24%
HL	C	0.24%
IOSP	D	0.23%
SXT	C	0.2%
MTRN	D	0.18%
MTX	D	0.18%
ARCH	F	0.18%
CDE	C	0.18%
SLVM	B	0.18%
KWR	D	0.18%
OI	D	0.15%
HWKN	B	0.15%
MP	D	0.14%
SCL	D	0.13%
TROX	F	0.13%
GEF	D	0.12%
NGVT	F	0.11%
OEC	F	0.1%
ASPN	D	0.09%
KALU	F	0.09%
WS	C	0.09%
PRM	B	0.09%
ECVT	F	0.08%
CLW	F	0.07%
SXC	F	0.07%
USLM	B	0.07%
TRS	D	0.07%
MATV	B	0.07%
CENX	D	0.06%
KOP	F	0.06%
MTUS	F	0.06%
PCT	C	0.06%
IE	F	0.05%
RYI	F	0.05%
ASIX	C	0.05%
HAYN	D	0.05%
ZEUS	F	0.04%
GATO	C	0.04%
PTVE	D	0.04%
METC	F	0.03%
DNA	F	0.03%
MYE	D	0.03%
RDUS	D	0.03%
LXU	D	0.03%
CMP	D	0.03%
IPI	C	0.02%
AVD	F	0.02%
KRO	D	0.02%
MERC	F	0.02%
PACK	D	0.02%
TSE	D	0.01%
ORGN	B	0.01%
PLL	F	0.01%
FEAM	F	0.0%
DNMR	F	0.0%

VAW Underweight 123 Positions Relative to VUSE

Symbol	Grade	Weight
AMZN	C	-2.69%
ORCL	B	-2.25%
V	B	-2.15%
WMT	B	-2.12%
MA	B	-2.12%
JNJ	B	-2.02%
HD	B	-2.02%
MSFT	C	-2.0%
AAPL	D	-1.98%
KO	B	-1.95%
MRK	D	-1.92%
JPM	D	-1.9%
XOM	D	-1.89%
CVX	D	-1.89%
AVGO	C	-1.85%
BAC	D	-1.77%
NVDA	D	-1.69%
PG	C	-1.32%
CMG	C	-1.3%
BKNG	B	-1.29%
MSI	C	-1.29%
ABBV	C	-1.27%
NFLX	B	-1.26%
AMAT	D	-1.18%
UBER	C	-1.18%
SNPS	D	-1.17%
LLY	C	-1.13%
T	B	-1.11%
ADBE	D	-1.06%
SBUX	C	-1.05%
ADP	B	-1.04%
MCD	C	-1.02%
MO	C	-1.01%
META	A	-1.0%
MAR	C	-0.99%
TJX	C	-0.99%
GOOGL	D	-0.92%
KLAC	D	-0.89%
COST	C	-0.84%
SYK	C	-0.74%
ZTS	B	-0.74%
TMUS	C	-0.72%
FTNT	C	-0.71%
ITW	B	-0.71%
WDAY	D	-0.69%
CAT	C	-0.69%
ERIE	A	-0.66%
EME	B	-0.64%
AYI	B	-0.63%
IDCC	B	-0.62%
NOW	A	-0.62%
AMP	B	-0.62%
CVLT	B	-0.61%
JXN	B	-0.61%
FICO	A	-0.61%
TDG	B	-0.6%
NYT	C	-0.6%
CTAS	C	-0.6%
PIPR	B	-0.6%
EQH	C	-0.59%
BOX	B	-0.58%
RMD	C	-0.56%
NKE	D	-0.56%
POWL	C	-0.55%
UTHR	C	-0.55%
EPAC	B	-0.55%
DBRG	D	-0.54%
IT	B	-0.53%
CRUS	D	-0.53%
NRG	C	-0.53%
FAST	C	-0.52%
PAYX	C	-0.52%
DFIN	B	-0.51%
CORT	B	-0.51%
RDDT	D	-0.51%
EXEL	B	-0.51%
GWW	B	-0.51%
MTG	B	-0.5%
PLMR	B	-0.5%
YELP	F	-0.49%
SHO	D	-0.49%
MSCI	C	-0.49%
EA	D	-0.49%
JLL	B	-0.48%
PLAB	F	-0.48%
ODFL	C	-0.48%
TREX	F	-0.48%
MTD	D	-0.48%
IESC	C	-0.47%
LSCC	D	-0.46%
JKHY	B	-0.45%
CASH	B	-0.43%
QLYS	F	-0.43%
ON	D	-0.42%
A	C	-0.42%
BSX	B	-0.41%
ANET	B	-0.4%
EOG	D	-0.4%
ACLS	F	-0.39%
RMBS	F	-0.38%
MANH	B	-0.37%
PLTR	B	-0.37%
OTTR	D	-0.36%
CSL	C	-0.35%
NSSC	F	-0.29%
VST	C	-0.29%
CRWD	F	-0.26%
PANW	D	-0.25%
BMI	B	-0.24%
DBX	D	-0.24%
VRSK	D	-0.23%
DOCU	C	-0.23%
AOS	C	-0.23%
TRIP	F	-0.22%
PINS	F	-0.22%
MEDP	D	-0.21%
APPF	D	-0.16%
PSTG	F	-0.14%
ABNB	D	-0.14%
CMCSA	D	-0.13%
SPG	B	-0.13%
SEIC	B	-0.1%
SCCO	D	-0.0%