VCEB vs. DFIV ETF Comparison

Comparison of Vanguard ESG U.S. Corporate Bond ETF (VCEB) to Dimensional International Value ETF (DFIV)

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

$62.67

Average Daily Volume

37,180

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

DFIV

Dimensional International Value ETF

DFIV Description

Dimensional ETF Trust - Dimensional International Value ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund is co-managed by Dimensional Fund Advisors Ltd. and DFA Australia Limited. The fund invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies. It seeks to benchmark the performance of its portfolio against the MSCI World ex USA Index (net dividends). Dimensional ETF Trust - Dimensional International Value ETF was formed on April 16, 1999 and is domiciled in United States.

Grade (RS Rating)

Last Trade

$36.44

Average Daily Volume

503,445

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VCEB	DFIV
30 Days	-0.53%	-1.78%
60 Days	-2.92%	-3.60%
90 Days	-1.82%	-3.45%
12 Months	7.35%	15.25%

7 Overlapping Holdings

Symbol	Grade	Weight in VCEB	Weight in DFIV	Overlap
HSBC	A	0.02%	1.42%	0.02%
MUFG	B	0.01%	1.26%	0.01%
MUFG	B	0.01%	0.08%	0.01%
NWG	A	0.01%	0.3%	0.01%
STLA	F	0.04%	0.57%	0.04%
TD	D	0.01%	1.32%	0.01%
VOD	F	0.03%	0.05%	0.03%

VCEB Overweight 239 Positions Relative to DFIV

Symbol	Grade	Weight
DT	D	0.19%
MTB	A	0.07%
TJX	A	0.07%
MOS	F	0.06%
WEST	C	0.06%
DD	C	0.06%
PGR	A	0.05%
AFL	B	0.05%
MDT	D	0.05%
EQH	C	0.05%
MCHP	F	0.04%
LEN	D	0.04%
KMB	C	0.04%
GWW	B	0.04%
OTIS	C	0.04%
NOW	A	0.04%
AZO	C	0.04%
CTAS	B	0.04%
CPT	B	0.04%
VRSK	A	0.04%
MMC	B	0.04%
EXPE	B	0.04%
FTV	C	0.03%
EQR	C	0.03%
DGX	A	0.03%
VRSN	C	0.03%
CMA	B	0.03%
BWA	D	0.03%
BG	D	0.03%
SJM	D	0.03%
ROP	B	0.03%
RF	A	0.03%
EG	C	0.03%
PWR	A	0.03%
PPG	F	0.03%
DOC	C	0.03%
ORLY	B	0.03%
AMP	A	0.03%
ACGL	C	0.03%
NVR	D	0.03%
LH	B	0.03%
K	A	0.03%
IFF	D	0.03%
HAS	D	0.03%
LLY	F	0.03%
NTRS	A	0.03%
BHF	C	0.03%
SYF	B	0.03%
CFG	B	0.03%
GIS	D	0.03%
DG	F	0.03%
WAB	B	0.03%
ITW	B	0.03%
ADP	A	0.03%
MU	D	0.03%
BDX	F	0.03%
ETN	A	0.03%
EQIX	A	0.03%
ZBH	C	0.03%
MA	B	0.03%
ALLY	C	0.03%
BMY	B	0.03%
ABT	B	0.03%
ABBV	F	0.03%
HUN	F	0.02%
HST	C	0.02%
HRL	D	0.02%
HIG	B	0.02%
MKC	C	0.02%
MCK	A	0.02%
LEA	F	0.02%
AJG	A	0.02%
NTAP	C	0.02%
A	D	0.02%
QRVO	F	0.02%
APH	A	0.02%
RL	C	0.02%
BEN	C	0.02%
BAX	F	0.02%
VTR	B	0.02%
VMC	B	0.02%
UHS	D	0.02%
TT	A	0.02%
CAH	B	0.02%
XRAY	F	0.02%
CSL	C	0.02%
CMI	A	0.02%
EMN	C	0.02%
VFC	C	0.02%
CF	A	0.02%
RJF	A	0.02%
AWK	C	0.02%
O	C	0.02%
MLM	C	0.02%
HBAN	A	0.02%
BLK	B	0.02%
SWK	D	0.02%
REGN	F	0.02%
TRV	B	0.02%
EFX	F	0.02%
DLTR	F	0.02%
DE	B	0.02%
CME	B	0.02%
WBA	F	0.02%
ADM	D	0.02%
BR	A	0.02%
BKNG	A	0.02%
SHW	B	0.02%
SBUX	A	0.02%
CPB	D	0.02%
GLW	B	0.02%
OMC	C	0.02%
NEM	D	0.02%
APD	A	0.02%
FITB	B	0.02%
CRM	B	0.02%
BABA	D	0.02%
DB	D	0.02%
CSCO	B	0.02%
CARR	C	0.02%
IBM	C	0.02%
HCA	F	0.02%
GOOGL	C	0.02%
AVGO	D	0.02%
GSK	F	0.02%
AZN	F	0.02%
V	A	0.02%
ORCL	A	0.02%
BAC	A	0.02%
CHTR	C	0.02%
VZ	C	0.02%
EXP	B	0.01%
ADI	D	0.01%
GLPI	C	0.01%
EA	A	0.01%
WM	B	0.01%
WB	D	0.01%
MRVL	B	0.01%
MDLZ	F	0.01%
GPN	B	0.01%
PLD	F	0.01%
PH	A	0.01%
AMAT	F	0.01%
MSI	B	0.01%
RSG	A	0.01%
AON	A	0.01%
BRX	A	0.01%
EBAY	D	0.01%
MMM	D	0.01%
MAR	A	0.01%
KEY	B	0.01%
RPRX	D	0.01%
ARE	F	0.01%
SCHW	B	0.01%
DLR	B	0.01%
DHR	F	0.01%
ZTS	D	0.01%
TXN	C	0.01%
NXPI	D	0.01%
MET	A	0.01%
KO	D	0.01%
KLAC	F	0.01%
HUM	C	0.01%
USB	A	0.01%
TSN	B	0.01%
BXP	C	0.01%
BSX	A	0.01%
TMO	F	0.01%
BMO	A	0.01%
BK	A	0.01%
BERY	C	0.01%
STT	B	0.01%
AXP	A	0.01%
PYPL	B	0.01%
FIS	C	0.01%
WELL	A	0.01%
CM	A	0.01%
CCI	C	0.01%
AER	A	0.01%
ADBE	C	0.01%
NVDA	B	0.01%
NKE	F	0.01%
MRK	D	0.01%
LOW	C	0.01%
KDP	F	0.01%
HPQ	B	0.01%
CB	C	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	C	0.01%
FDX	B	0.01%
DOW	F	0.01%
DFS	B	0.01%
PNC	B	0.01%
PFE	F	0.01%
PEP	F	0.01%
AL	B	0.01%
LUV	C	0.01%
LRCX	F	0.01%
ICE	C	0.01%
HPE	B	0.01%
GM	C	0.01%
COF	C	0.01%
CI	D	0.01%
TGT	F	0.01%
BIIB	F	0.01%
SYK	B	0.01%
VTRS	A	0.01%
UNH	B	0.01%
TFC	A	0.01%
PG	C	0.01%
AMGN	F	0.01%
JNJ	C	0.01%
UPS	C	0.01%
QCOM	F	0.01%
AIG	B	0.01%
MCD	D	0.01%
INTC	C	0.01%
HD	B	0.01%
GILD	C	0.01%
RY	A	0.01%
C	A	0.01%
FOXA	A	0.01%
DIS	B	0.01%
AMZN	C	0.01%
CMCSA	B	0.01%
DELL	B	0.01%
JPM	A	0.01%
AAPL	C	0.01%
TMUS	B	0.01%
GS	A	0.01%
T	A	0.01%
MSFT	D	0.01%
MS	A	0.01%
CVS	D	0.01%

VCEB Underweight 38 Positions Relative to DFIV

Symbol	Grade	Weight
NVS	F	-1.4%
TM	F	-1.31%
SMFG	B	-0.88%
BP	D	-0.77%
LYG	D	-0.69%
E	F	-0.6%
BCS	A	-0.55%
HMC	F	-0.51%
NVS	F	-0.48%
MFG	A	-0.45%
SAN	D	-0.38%
PHG	C	-0.34%
GOLD	C	-0.22%
SMFG	B	-0.19%
AGCO	D	-0.19%
BBVA	D	-0.18%
HSBH	B	-0.16%
HMC	F	-0.16%
BCS	A	-0.15%
MT	B	-0.15%
LYG	D	-0.15%
STM	F	-0.14%
WFG	C	-0.14%
NMR	B	-0.13%
CCEP	C	-0.1%
NOK	D	-0.09%
NMR	B	-0.07%
TS	B	-0.04%
GOGL	F	-0.03%
BTI	B	-0.02%
E	F	-0.0%
SNY	F	-0.0%
TM	F	-0.0%
SW	A	-0.0%
BUD	F	-0.0%
TEF	C	-0.0%
NVO	F	-0.0%
GMAB	F	-0.0%

DFIV: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Drug Manufacturers - Major Oil & Gas Integrated Telecom Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Brewers Beverages - Soft Drinks Biotechnology Capital Markets Communication Equipment Diagnostics & Research Farm & Construction Equipment Gold Long-Term Care Facilities Lumber & Wood Production Oil & Gas Equipment & Services Packaging & Containers Semiconductors