VCEB vs. BTAL ETF Comparison

Comparison of Vanguard ESG U.S. Corporate Bond ETF (VCEB) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)
VCEB

Vanguard ESG U.S. Corporate Bond ETF

VCEB Description

The investment seeks to track the performance of the Bloomberg Barclays MSCI US Corporate SRI Select Index (the ?index?). The index excludes bonds with maturities of 1 year or less and with less than $750 million outstanding, and is screened for certain environmental, social, and governance (ESG) criteria by the index provider, which is independent of Vanguard. All of the fund?s investments will be selected through the sampling process, and under normal circumstances, at least 80% of the fund?s assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$62.63

Average Daily Volume

36,189

Number of Holdings *

245

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

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.50

Average Daily Volume

541,155

Number of Holdings *

391

* may have additional holdings in another (foreign) market
Performance
Period VCEB BTAL
30 Days -2.07% 0.26%
60 Days -3.11% -3.47%
90 Days -0.97% -3.27%
12 Months 8.27% -4.79%
84 Overlapping Holdings
Symbol Grade Weight in VCEB Weight in BTAL Overlap
ABBV F 0.03% 0.37% 0.03%
ACGL C 0.03% 0.4% 0.03%
ADP B 0.03% 0.48% 0.03%
ALLY C 0.03% -0.38% -0.38%
AMGN D 0.01% 0.4% 0.01%
AON A 0.01% 0.48% 0.01%
ARE D 0.01% -0.41% -0.41%
AVGO C 0.02% -0.47% -0.47%
AWK C 0.02% -0.41% -0.41%
AZO C 0.04% 0.33% 0.04%
BG D 0.03% 0.38% 0.03%
BMY B 0.03% 0.53% 0.03%
BWA A 0.03% 0.45% 0.03%
BXP D 0.01% -0.47% -0.47%
CARR D 0.02% -0.46% -0.46%
CB C 0.01% 0.44% 0.01%
CF A 0.02% 0.44% 0.02%
CFG A 0.03% -0.48% -0.48%
CI D 0.01% 0.42% 0.01%
CMA A 0.03% -0.55% -0.55%
CME A 0.02% 0.47% 0.02%
CPB D 0.02% 0.38% 0.02%
CSCO B 0.02% 0.5% 0.02%
DD D 0.06% 0.43% 0.06%
DELL C 0.01% -0.54% -0.54%
DGX A 0.03% 0.45% 0.03%
EFX F 0.02% -0.39% -0.39%
EG D 0.03% 0.42% 0.03%
EQR C 0.03% 0.43% 0.03%
ETN A 0.03% -0.53% -0.53%
EXP B 0.01% -0.55% -0.55%
EXPE A 0.04% -0.56% -0.56%
FOXA A 0.01% 0.49% 0.01%
GILD B 0.01% 0.53% 0.01%
GIS D 0.03% 0.39% 0.03%
GLPI D 0.01% 0.42% 0.01%
GLW B 0.02% 0.49% 0.02%
HIG C 0.02% 0.45% 0.02%
HPQ B 0.01% 0.45% 0.01%
HUM F 0.01% 0.35% 0.01%
IBM D 0.02% 0.46% 0.02%
INTC C 0.01% -0.53% -0.53%
JNJ D 0.01% 0.41% 0.01%
KO D 0.01% 0.38% 0.01%
LRCX F 0.01% -0.39% -0.39%
MCD D 0.01% 0.43% 0.01%
MCK A 0.02% 0.51% 0.02%
MKC D 0.02% 0.42% 0.02%
MMC C 0.04% 0.42% 0.04%
MOS D 0.06% 0.39% 0.06%
MRVL B 0.01% -0.59% -0.59%
MSFT D 0.01% 0.44% 0.01%
MSI A 0.01% 0.51% 0.01%
MU D 0.03% -0.46% -0.46%
NEM F 0.02% 0.34% 0.02%
NTRS A 0.03% -0.53% -0.53%
NVDA B 0.01% -0.51% -0.51%
O D 0.02% 0.4% 0.02%
ORLY A 0.03% 0.51% 0.03%
PFE F 0.01% 0.39% 0.01%
PGR B 0.05% 0.46% 0.05%
PLD D 0.01% -0.38% -0.38%
PWR A 0.03% -0.51% -0.51%
PYPL A 0.01% -0.53% -0.53%
RF A 0.03% -0.5% -0.5%
ROP C 0.03% 0.47% 0.03%
RSG B 0.01% 0.44% 0.01%
SCHW A 0.01% -0.54% -0.54%
SHW B 0.02% -0.48% -0.48%
T A 0.01% 0.49% 0.01%
TGT D 0.01% -0.43% -0.43%
TJX A 0.07% 0.43% 0.07%
TMUS A 0.01% 0.49% 0.01%
TRV A 0.02% 0.51% 0.02%
TT A 0.02% -0.51% -0.51%
UNH B 0.01% 0.44% 0.01%
USB B 0.01% -0.49% -0.49%
VFC B 0.02% 0.49% 0.02%
VRSN D 0.03% 0.44% 0.03%
VTRS A 0.01% 0.48% 0.01%
VZ C 0.02% 0.42% 0.02%
WBA F 0.02% -0.42% -0.42%
WELL A 0.01% 0.49% 0.01%
WM B 0.01% 0.46% 0.01%
VCEB Overweight 161 Positions Relative to BTAL
Symbol Grade Weight
DT C 0.19%
MTB A 0.07%
WEST D 0.06%
AFL C 0.05%
MDT D 0.05%
EQH B 0.05%
MCHP F 0.04%
LEN D 0.04%
KMB C 0.04%
GWW A 0.04%
OTIS D 0.04%
NOW B 0.04%
STLA F 0.04%
CTAS B 0.04%
CPT D 0.04%
VRSK B 0.04%
FTV D 0.03%
SJM F 0.03%
PPG F 0.03%
DOC D 0.03%
AMP A 0.03%
NVR D 0.03%
LH B 0.03%
K B 0.03%
IFF D 0.03%
HAS D 0.03%
LLY F 0.03%
BHF A 0.03%
SYF A 0.03%
DG F 0.03%
WAB B 0.03%
ITW B 0.03%
BDX F 0.03%
EQIX B 0.03%
ZBH C 0.03%
MA A 0.03%
ABT B 0.03%
VOD D 0.03%
HUN F 0.02%
HST D 0.02%
HRL D 0.02%
LEA F 0.02%
AJG A 0.02%
NTAP D 0.02%
A D 0.02%
QRVO F 0.02%
APH B 0.02%
RL B 0.02%
BEN C 0.02%
BAX F 0.02%
VTR C 0.02%
VMC B 0.02%
UHS D 0.02%
CAH B 0.02%
XRAY F 0.02%
CSL B 0.02%
CMI A 0.02%
EMN C 0.02%
RJF A 0.02%
MLM B 0.02%
HBAN A 0.02%
BLK A 0.02%
SWK F 0.02%
REGN F 0.02%
DLTR F 0.02%
DE D 0.02%
ADM D 0.02%
BR A 0.02%
BKNG A 0.02%
SBUX A 0.02%
OMC C 0.02%
APD A 0.02%
FITB A 0.02%
CRM A 0.02%
BABA D 0.02%
DB C 0.02%
HCA D 0.02%
GOOGL B 0.02%
HSBC A 0.02%
GSK F 0.02%
AZN F 0.02%
V A 0.02%
ORCL A 0.02%
BAC A 0.02%
CHTR B 0.02%
ADI D 0.01%
EA A 0.01%
WB F 0.01%
MDLZ F 0.01%
GPN B 0.01%
PH A 0.01%
AMAT F 0.01%
BRX A 0.01%
EBAY D 0.01%
MMM D 0.01%
MAR A 0.01%
KEY A 0.01%
RPRX F 0.01%
DLR A 0.01%
DHR D 0.01%
ZTS D 0.01%
TXN C 0.01%
NXPI F 0.01%
MET A 0.01%
KLAC F 0.01%
TSN A 0.01%
BSX B 0.01%
TMO D 0.01%
BMO A 0.01%
BK A 0.01%
BERY D 0.01%
STT A 0.01%
AXP A 0.01%
FIS B 0.01%
CM B 0.01%
CCI D 0.01%
AER B 0.01%
ADBE F 0.01%
NKE D 0.01%
MRK F 0.01%
LOW A 0.01%
KDP D 0.01%
CAT B 0.01%
CAG F 0.01%
BNS A 0.01%
SYY D 0.01%
SPG A 0.01%
PRU A 0.01%
AMT D 0.01%
FDX A 0.01%
DOW F 0.01%
DFS A 0.01%
PNC A 0.01%
PEP F 0.01%
AL A 0.01%
LUV A 0.01%
ICE D 0.01%
HPE B 0.01%
GM A 0.01%
COF A 0.01%
TD D 0.01%
BIIB F 0.01%
SYK A 0.01%
TFC A 0.01%
PG C 0.01%
NWG A 0.01%
MUFG A 0.01%
UPS C 0.01%
QCOM F 0.01%
AIG B 0.01%
HD A 0.01%
RY C 0.01%
C A 0.01%
DIS A 0.01%
AMZN B 0.01%
CMCSA B 0.01%
JPM A 0.01%
AAPL C 0.01%
GS A 0.01%
MS A 0.01%
CVS F 0.01%
VCEB Underweight 307 Positions Relative to BTAL
Symbol Grade Weight
MSTR B -1.11%
BILL A -0.72%
PAYC B -0.62%
SFM A -0.62%
IBKR A -0.61%
LPLA A -0.59%
ZI D -0.58%
CFLT C -0.57%
HQY A -0.57%
PCTY B -0.57%
SNA A -0.56%
TGNA B -0.56%
UNM A -0.56%
ALSN B -0.56%
FTNT A -0.56%
KMI A -0.55%
WH A -0.55%
NWL B -0.55%
BWXT A -0.54%
CACI C -0.53%
FFIV B -0.53%
PCAR B -0.53%
BKR A -0.53%
CW B -0.52%
RLI A -0.51%
TXRH A -0.51%
SAIC D -0.51%
THG A -0.51%
LNG A -0.51%
G A -0.51%
MKL A -0.51%
PKG B -0.5%
UTHR B -0.5%
LULU C -0.5%
SBRA C -0.5%
TDY B -0.5%
SIGI A -0.49%
AEE A -0.49%
KR B -0.49%
XEL A -0.49%
PAYX B -0.49%
CHH A -0.49%
DBX C -0.49%
JAZZ A -0.48%
BRO B -0.48%
RYAN A -0.48%
PNM B -0.48%
HON A -0.48%
CINF A -0.48%
DRI B -0.47%
WEN C -0.47%
AXS A -0.47%
CDP C -0.47%
DOX D -0.47%
ALL A -0.47%
MSM C -0.47%
RGA A -0.47%
WEC A -0.46%
X D -0.46%
EDR A -0.46%
CTSH B -0.46%
CCK D -0.46%
NEU C -0.46%
CHD A -0.46%
CLH C -0.46%
WTW B -0.46%
ARMK C -0.46%
ORI A -0.46%
AIZ A -0.46%
SLGN B -0.46%
CMG B -0.46%
COR B -0.46%
HEI A -0.46%
CSX B -0.46%
RNR D -0.46%
L A -0.45%
LNT A -0.45%
RTX D -0.45%
ACN C -0.45%
REG A -0.45%
OHI C -0.45%
ADC A -0.45%
KBR D -0.45%
CHRW A -0.45%
PNW A -0.45%
GD D -0.45%
AVB A -0.45%
XOM B -0.44%
CMS C -0.44%
MUSA A -0.44%
NOC D -0.44%
COLM B -0.44%
ELS B -0.44%
DECK A -0.44%
ASGN D -0.44%
DLB D -0.44%
WRB A -0.44%
J D -0.43%
JNPR D -0.43%
DUK C -0.43%
YUM D -0.43%
PAG A -0.42%
SNX D -0.42%
MSA D -0.42%
OLLI D -0.42%
CXT D -0.42%
ED D -0.42%
TXT D -0.42%
AVT C -0.42%
TNET F -0.41%
VICI C -0.41%
CHE D -0.41%
LMT D -0.41%
FLO D -0.41%
CBOE D -0.41%
MOH F -0.4%
FCN F -0.4%
ON F -0.4%
WPC D -0.4%
HRB D -0.4%
KHC F -0.39%
ERIE F -0.39%
FANG D -0.39%
WTM A -0.39%
AMCR C -0.39%
OXY F -0.38%
AKAM F -0.38%
FOXF F -0.37%
MUR F -0.37%
GPC D -0.37%
DVN F -0.37%
FMC F -0.37%
ARW D -0.37%
ST F -0.37%
MAN F -0.37%
MTCH F -0.36%
SRPT F -0.35%
ELV F -0.34%
CNC F -0.32%
MDU D -0.31%
BMRN F -0.31%
AGL F -0.19%
SMCI F --0.18%
SEDG F --0.21%
RUN F --0.21%
ENPH F --0.22%
MRNA F --0.24%
CE F --0.25%
CNXC F --0.25%
MPWR F --0.27%
TXG F --0.3%
WOLF F --0.3%
EL F --0.3%
CELH F --0.3%
RIVN F --0.32%
NTLA F --0.32%
OPEN F --0.33%
COTY F --0.34%
BRZE C --0.34%
AES F --0.34%
RKT F --0.34%
AMKR F --0.35%
TER F --0.35%
TFX F --0.36%
DKS D --0.37%
CNM F --0.37%
WMS F --0.37%
DINO D --0.38%
RIG D --0.38%
ELF C --0.38%
SHLS F --0.4%
FND F --0.4%
W F --0.4%
IDXX F --0.4%
KMX B --0.4%
ARWR D --0.4%
KSS F --0.41%
BLD F --0.41%
CWEN D --0.41%
ALGN D --0.41%
ELAN C --0.41%
AGNC C --0.41%
FCX F --0.42%
MKSI D --0.42%
AMD F --0.42%
EW C --0.42%
NVCR D --0.43%
CHX C --0.43%
RYN D --0.43%
ROIV D --0.43%
POWI D --0.43%
CSGP F --0.43%
PINS F --0.43%
UGI C --0.43%
MGM D --0.43%
FBIN D --0.43%
BLDR D --0.44%
BBWI C --0.44%
MTDR C --0.44%
SSD D --0.44%
F C --0.44%
CC C --0.44%
UBER C --0.44%
APG C --0.45%
DAR B --0.45%
OC A --0.45%
SEE B --0.45%
NWE C --0.45%
THO B --0.45%
D C --0.45%
RGEN D --0.45%
CRSP D --0.46%
RMD C --0.46%
CZR F --0.46%
SMG D --0.46%
PATH D --0.46%
TOL B --0.47%
CRL D --0.47%
JLL C --0.47%
TRU D --0.47%
LAMR D --0.47%
ROKU D --0.48%
KRC C --0.48%
TROW A --0.48%
ZS B --0.48%
OZK A --0.49%
LNC A --0.49%
PENN B --0.49%
AXTA A --0.49%
ITT A --0.49%
ANET C --0.49%
NTRA B --0.49%
NET C --0.49%
NRG B --0.49%
ILMN C --0.49%
HHH B --0.49%
TREX C --0.49%
RRC B --0.5%
NVT B --0.5%
CAR C --0.5%
GH B --0.5%
VEEV C --0.51%
LPX A --0.51%
PEN B --0.51%
CBRE B --0.51%
ALB C --0.51%
WAL A --0.51%
PFGC B --0.51%
USFD B --0.51%
SNAP D --0.52%
CEG D --0.52%
DKNG B --0.52%
FYBR C --0.52%
AR B --0.52%
FOUR B --0.53%
GNRC B --0.53%
JHG A --0.53%
DNLI C --0.53%
AA A --0.53%
MDB C --0.54%
RBLX B --0.54%
URI B --0.54%
RMBS C --0.54%
ZION A --0.54%
KKR A --0.55%
RH C --0.55%
VNO B --0.55%
WCC A --0.55%
IOT B --0.55%
XPO B --0.56%
PNFP A --0.56%
BX A --0.56%
TTD B --0.56%
OWL A --0.57%
COHR B --0.57%
GME C --0.57%
Z A --0.57%
CRWD B --0.57%
CG B --0.57%
SNV A --0.57%
SQ A --0.58%
EQT A --0.59%
TPG B --0.59%
LYV A --0.6%
DASH B --0.6%
GTLS A --0.6%
TDOC C --0.6%
DAY B --0.6%
SAIA B --0.62%
CCL A --0.63%
PODD A --0.63%
DUOL B --0.65%
LITE A --0.66%
TSLA B --0.68%
HOOD A --0.68%
VRT A --0.68%
LYFT B --0.69%
COIN A --0.69%
CVNA A --0.69%
DAL A --0.69%
TOST A --0.7%
AXON A --0.74%
VST A --0.74%
PTON B --0.76%
SOFI A --0.78%
AFRM A --0.78%
PLTR A --0.85%
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