VCEB vs. VCLT ETF Comparison

Comparison of Vanguard ESG U.S. Corporate Bond ETF (VCEB) to Vanguard Long-Term Corporate Bond ETF (VCLT)

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

$65.04

Average Daily Volume

31,109

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

VCLT

Vanguard Long-Term Corporate Bond ETF

VCLT Description

The investment seeks to track the performance of a market-weighted corporate bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 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 greater than 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

$81.70

Average Daily Volume

2,382,692

Number of Holdings ^*

339

* may have additional holdings in another (foreign) market

Performance

Period	VCEB	VCLT
30 Days	1.53%	1.83%
60 Days	4.63%	7.09%
90 Days	5.27%	7.11%
12 Months	12.57%	17.60%

178 Overlapping Holdings

	Symbol	Grade	Weight in VCEB	Weight in VCLT	Overlap
	AAPL	C	0.01%	0.04%	0.01%
	ABBV	C	0.03%	0.03%	0.03%
	ABT	C	0.03%	0.03%	0.03%
	ACGL	B	0.03%	0.01%	0.01%
	ADI	C	0.01%	0.02%	0.01%
	ADM	D	0.02%	0.01%	0.01%
	AFL	C	0.05%	0.02%	0.02%
	AIG	D	0.01%	0.01%	0.01%
	AJG	D	0.02%	0.02%	0.02%
	ALLY	D	0.03%	0.03%	0.03%
	AMAT	D	0.01%	0.03%	0.01%
	AMGN	B	0.01%	0.01%	0.01%
	AMT	C	0.01%	0.03%	0.01%
	AMZN	C	0.01%	0.05%	0.01%
	AON	B	0.01%	0.01%	0.01%
	APD	B	0.02%	0.03%	0.02%
	ARE	C	0.01%	0.01%	0.01%
	AVGO	C	0.02%	0.04%	0.02%
	AWK	C	0.02%	0.01%	0.01%
	AXP	B	0.01%	0.06%	0.01%
	AZN	D	0.02%	0.02%	0.02%
	BABA	B	0.02%	0.01%	0.01%
	BAC	D	0.02%	0.02%	0.02%
	BAX	C	0.02%	0.02%	0.02%
	BDX	F	0.03%	0.01%	0.01%
	BEN	F	0.02%	0.01%	0.01%
	BHF	D	0.03%	0.04%	0.03%
	BIIB	F	0.01%	0.05%	0.01%
	BMY	C	0.03%	0.03%	0.03%
	BSX	B	0.01%	0.01%	0.01%
	BWA	D	0.03%	0.01%	0.01%
	BXP	B	0.01%	0.01%	0.01%
	C	D	0.01%	0.01%	0.01%
	CAG	C	0.01%	0.05%	0.01%
	CAH	C	0.02%	0.01%	0.01%
	CARR	B	0.02%	0.06%	0.02%
	CAT	B	0.01%	0.01%	0.01%
	CB	B	0.01%	0.03%	0.01%
	CCI	C	0.01%	0.02%	0.01%
	CF	C	0.02%	0.03%	0.02%
	CFG	C	0.03%	0.03%	0.03%
	CHTR	D	0.02%	0.03%	0.02%
	CI	C	0.01%	0.02%	0.01%
	CMCSA	D	0.01%	0.01%	0.01%
	CME	C	0.02%	0.03%	0.02%
	CMI	C	0.02%	0.02%	0.02%
	CPB	B	0.02%	0.02%	0.02%
	CPT	B	0.04%	0.03%	0.03%
	CRM	D	0.02%	0.05%	0.02%
	CSCO	B	0.02%	0.07%	0.02%
	CVS	F	0.01%	0.01%	0.01%
	DD	B	0.06%	0.07%	0.06%
	DE	B	0.02%	0.02%	0.02%
	DELL	C	0.01%	0.11%	0.01%
	DG	F	0.03%	0.03%	0.03%
	DHR	C	0.01%	0.02%	0.01%
	DIS	D	0.01%	0.01%	0.01%
	DOC	C	0.03%	0.01%	0.01%
	DOW	D	0.01%	0.02%	0.01%
	DT	C	0.19%	0.04%	0.04%
	EA	D	0.01%	0.01%	0.01%
	EBAY	B	0.01%	0.03%	0.01%
	EG	C	0.03%	0.02%	0.02%
	EMN	B	0.02%	0.02%	0.02%
	EQH	C	0.05%	0.09%	0.05%
	EQIX	B	0.03%	0.01%	0.01%
	EQR	C	0.03%	0.01%	0.01%
	ETN	C	0.03%	0.01%	0.01%
	FDX	F	0.01%	0.01%	0.01%
	FIS	B	0.01%	0.02%	0.01%
	FITB	B	0.02%	0.07%	0.02%
	FOXA	B	0.01%	0.07%	0.01%
	FTV	C	0.03%	0.03%	0.03%
	GILD	B	0.01%	0.02%	0.01%
	GIS	B	0.03%	0.01%	0.01%
	GLW	B	0.02%	0.01%	0.01%
	GM	B	0.01%	0.01%	0.01%
	GOOGL	D	0.02%	0.04%	0.02%
	GPN	D	0.01%	0.04%	0.01%
	GS	C	0.01%	0.01%	0.01%
	GSK	D	0.02%	0.02%	0.02%
	GWW	A	0.04%	0.02%	0.02%
	HAS	B	0.03%	0.01%	0.01%
	HCA	A	0.02%	0.06%	0.02%
	HD	A	0.01%	0.01%	0.01%
	HIG	B	0.02%	0.01%	0.01%
	HPE	D	0.01%	0.04%	0.01%
	HPQ	D	0.01%	0.06%	0.01%
	HRL	D	0.02%	0.02%	0.02%
	HSBC	B	0.02%	0.02%	0.02%
	HUM	F	0.01%	0.01%	0.01%
	IBM	A	0.02%	0.02%	0.02%
	ICE	C	0.01%	0.02%	0.01%
	IFF	C	0.03%	0.01%	0.01%
	INTC	F	0.01%	0.03%	0.01%
	ITW	C	0.03%	0.03%	0.03%
	JNJ	C	0.01%	0.02%	0.01%
	JPM	D	0.01%	0.01%	0.01%
	K	A	0.03%	0.02%	0.02%
	KDP	B	0.01%	0.01%	0.01%
	KLAC	D	0.01%	0.02%	0.01%
	KMB	D	0.04%	0.01%	0.01%
	KO	B	0.01%	0.01%	0.01%
	LEA	F	0.02%	0.03%	0.02%
	LH	C	0.03%	0.03%	0.03%
	LLY	C	0.03%	0.01%	0.01%
	LOW	A	0.01%	0.01%	0.01%
	LRCX	F	0.01%	0.02%	0.01%
	MA	B	0.03%	0.02%	0.02%
	MAR	C	0.01%	0.03%	0.01%
	MCD	B	0.01%	0.01%	0.01%
	MDLZ	C	0.01%	0.03%	0.01%
	MDT	C	0.05%	0.08%	0.05%
	MET	A	0.01%	0.02%	0.01%
	MKC	C	0.02%	0.02%	0.02%
	MLM	D	0.02%	0.03%	0.02%
	MMC	C	0.04%	0.01%	0.01%
	MMM	A	0.01%	0.01%	0.01%
	MOS	F	0.06%	0.02%	0.02%
	MRK	D	0.01%	0.01%	0.01%
	MS	C	0.01%	0.05%	0.01%
	MSFT	C	0.01%	0.01%	0.01%
	MSI	B	0.01%	0.02%	0.01%
	MUFG	D	0.01%	0.03%	0.01%
	NEM	B	0.02%	0.04%	0.02%
	NKE	D	0.01%	0.01%	0.01%
	NVDA	D	0.01%	0.03%	0.01%
	NXPI	D	0.01%	0.04%	0.01%
	O	C	0.02%	0.02%	0.02%
	ORCL	B	0.02%	0.04%	0.02%
	OTIS	C	0.04%	0.02%	0.02%
	PEP	D	0.01%	0.02%	0.01%
	PFE	C	0.01%	0.02%	0.01%
	PG	C	0.01%	0.01%	0.01%
	PGR	A	0.05%	0.01%	0.01%
	PH	A	0.01%	0.02%	0.01%
	PLD	C	0.01%	0.01%	0.01%
	PRU	C	0.01%	0.01%	0.01%
	PWR	B	0.03%	0.02%	0.02%
	PYPL	B	0.01%	0.03%	0.01%
	QCOM	F	0.01%	0.02%	0.01%
	REGN	C	0.02%	0.02%	0.02%
	RF	B	0.03%	0.01%	0.01%
	RJF	C	0.02%	0.03%	0.02%
	RPRX	D	0.01%	0.03%	0.01%
	RSG	D	0.01%	0.01%	0.01%
	SBUX	C	0.02%	0.01%	0.01%
	SCHW	D	0.01%	0.02%	0.01%
	SHW	B	0.02%	0.01%	0.01%
	SJM	C	0.03%	0.01%	0.01%
	SPG	A	0.01%	0.01%	0.01%
	SWK	B	0.02%	0.02%	0.02%
	SYK	C	0.01%	0.02%	0.01%
	SYY	D	0.01%	0.01%	0.01%
	T	C	0.01%	0.01%	0.01%
	TGT	C	0.01%	0.02%	0.01%
	TJX	C	0.07%	0.04%	0.04%
	TMO	C	0.01%	0.01%	0.01%
	TMUS	C	0.01%	0.03%	0.01%
	TRV	B	0.02%	0.01%	0.01%
	TSN	D	0.01%	0.02%	0.01%
	TT	A	0.02%	0.01%	0.01%
	TXN	C	0.01%	0.02%	0.01%
	UNH	C	0.01%	0.01%	0.01%
	UPS	F	0.01%	0.02%	0.01%
	V	C	0.02%	0.02%	0.02%
	VMC	D	0.02%	0.01%	0.01%
	VOD	C	0.03%	0.02%	0.02%
	VRSK	D	0.04%	0.02%	0.02%
	VTR	C	0.02%	0.01%	0.01%
	VTRS	D	0.01%	0.03%	0.01%
	VZ	B	0.02%	0.01%	0.01%
	WBA	F	0.02%	0.04%	0.02%
	WELL	C	0.01%	0.01%	0.01%
	WM	D	0.01%	0.03%	0.01%
	WRK	C	0.06%	0.03%	0.03%
	ZBH	F	0.03%	0.02%	0.02%
	ZTS	C	0.01%	0.01%	0.01%

VCEB Overweight 67 Positions Relative to VCLT

	Symbol	Grade	Weight
	MTB	A	0.07%
	MCHP	D	0.04%
	LEN	C	0.04%
	NOW	A	0.04%
	STLA	F	0.04%
	AZO	D	0.04%
	CTAS	C	0.04%
	EXPE	C	0.04%
	DGX	C	0.03%
	VRSN	D	0.03%
	CMA	A	0.03%
	BG	D	0.03%
	ROP	C	0.03%
	PPG	D	0.03%
	ORLY	D	0.03%
	AMP	B	0.03%
	NVR	B	0.03%
	NTRS	B	0.03%
	SYF	C	0.03%
	WAB	A	0.03%
	ADP	B	0.03%
	MU	F	0.03%
	HUN	D	0.02%
	HST	C	0.02%
	MCK	F	0.02%
	NTAP	D	0.02%
	A	C	0.02%
	QRVO	F	0.02%
	APH	C	0.02%
	RL	B	0.02%
	UHS	B	0.02%
	XRAY	D	0.02%
	CSL	B	0.02%
	VFC	C	0.02%
	HBAN	B	0.02%
	BLK	B	0.02%
	EFX	C	0.02%
	DLTR	F	0.02%
	BR	D	0.02%
	BKNG	B	0.02%
	OMC	B	0.02%
	DB	B	0.02%
	EXP	B	0.01%
	GLPI	C	0.01%
	WB	F	0.01%
	MRVL	C	0.01%
	BRX	B	0.01%
	KEY	B	0.01%
	DLR	B	0.01%
	USB	B	0.01%
	BMO	C	0.01%
	BK	A	0.01%
	BERY	C	0.01%
	STT	B	0.01%
	CM	A	0.01%
	AER	B	0.01%
	ADBE	F	0.01%
	BNS	A	0.01%
	DFS	B	0.01%
	PNC	A	0.01%
	AL	D	0.01%
	LUV	C	0.01%
	COF	A	0.01%
	TD	A	0.01%
	TFC	D	0.01%
	NWG	C	0.01%
	RY	C	0.01%

VCEB Underweight 161 Positions Relative to VCLT

	Symbol	Grade	Weight
	WIT	C	-0.21%
	WY	C	-0.07%
	COST	B	-0.06%
	SCCO	D	-0.05%
	TAP	D	-0.05%
	L	D	-0.04%
	LIN	B	-0.04%
	JNPR	A	-0.04%
	BHP	D	-0.04%
	ORI	B	-0.03%
	FANG	D	-0.03%
	AAL	D	-0.03%
	STE	C	-0.03%
	WU	D	-0.03%
	NOV	D	-0.03%
	OHI	C	-0.03%
	PKG	B	-0.03%
	RPM	B	-0.03%
	SPGI	A	-0.03%
	DVN	D	-0.03%
	VLO	F	-0.03%
	PSX	D	-0.03%
	MPLX	B	-0.03%
	WPC	C	-0.02%
	PECO	B	-0.02%
	CHD	C	-0.02%
	STLD	D	-0.02%
	FE	C	-0.02%
	FMC	C	-0.02%
	CL	C	-0.02%
	CINF	C	-0.02%
	OGS	B	-0.02%
	LHX	C	-0.02%
	IVZ	B	-0.02%
	HOG	C	-0.02%
	SBRA	C	-0.02%
	TEL	D	-0.02%
	AFG	B	-0.02%
	VMI	D	-0.02%
	XYL	D	-0.02%
	WTRG	D	-0.02%
	WHR	C	-0.02%
	AVY	D	-0.02%
	KSS	F	-0.02%
	NWE	B	-0.02%
	PAA	C	-0.02%
	ROK	F	-0.02%
	NDAQ	A	-0.02%
	LNC	D	-0.02%
	ES	C	-0.02%
	STZ	D	-0.02%
	MCO	A	-0.02%
	CP	C	-0.02%
	NI	B	-0.02%
	HES	D	-0.02%
	CVX	D	-0.02%
	ECL	A	-0.02%
	MPC	D	-0.02%
	HAL	F	-0.02%
	EPD	B	-0.02%
	PM	C	-0.02%
	WMT	B	-0.02%
	NOC	A	-0.02%
	COP	D	-0.02%
	RTX	C	-0.02%
	XOM	D	-0.02%
	GE	A	-0.02%
	HIW	B	-0.01%
	FRT	C	-0.01%
	AGO	C	-0.01%
	AMH	C	-0.01%
	EXR	B	-0.01%
	AVA	C	-0.01%
	APTV	D	-0.01%
	DRI	B	-0.01%
	ALB	F	-0.01%
	INGR	B	-0.01%
	IDA	C	-0.01%
	EMR	D	-0.01%
	MAA	C	-0.01%
	LXP	C	-0.01%
	OPI	F	-0.01%
	JD	C	-0.01%
	SIGI	D	-0.01%
	ADC	C	-0.01%
	CACC	F	-0.01%
	FNF	B	-0.01%
	AES	C	-0.01%
	PHM	B	-0.01%
	PFG	B	-0.01%
	PEG	A	-0.01%
	OGE	B	-0.01%
	ESS	C	-0.01%
	MAS	B	-0.01%
	REG	C	-0.01%
	EE	B	-0.01%
	BKH	B	-0.01%
	SWX	C	-0.01%
	VOYA	B	-0.01%
	SNA	C	-0.01%
	DOV	B	-0.01%
	KRC	B	-0.01%
	KIM	C	-0.01%
	UDR	C	-0.01%
	UAL	C	-0.01%
	MKL	C	-0.01%
	HSY	D	-0.01%
	IPG	C	-0.01%
	KOF	D	-0.01%
	EOG	D	-0.01%
	WRB	C	-0.01%
	PNW	B	-0.01%
	DTE	B	-0.01%
	JEF	B	-0.01%
	EVRG	B	-0.01%
	AVB	C	-0.01%
	UNM	B	-0.01%
	WEC	B	-0.01%
	ATO	B	-0.01%
	AEP	C	-0.01%
	AEE	A	-0.01%
	SRE	B	-0.01%
	NNN	C	-0.01%
	NEE	C	-0.01%
	NUE	F	-0.01%
	EXC	B	-0.01%
	CNP	D	-0.01%
	CMS	B	-0.01%
	LNT	B	-0.01%
	OC	D	-0.01%
	XEL	B	-0.01%
	WLK	D	-0.01%
	PPL	B	-0.01%
	JCI	B	-0.01%
	EL	F	-0.01%
	ALL	B	-0.01%
	HON	D	-0.01%
	JBLU	D	-0.01%
	KR	C	-0.01%
	D	B	-0.01%
	CSX	D	-0.01%
	EIX	C	-0.01%
	ED	C	-0.01%
	ETR	A	-0.01%
	IP	C	-0.01%
	KMI	A	-0.01%
	GD	B	-0.01%
	WMB	B	-0.01%
	LYB	F	-0.01%
	OKE	B	-0.01%
	DUK	B	-0.01%
	MRO	C	-0.01%
	NSC	C	-0.01%
	LMT	B	-0.01%
	ET	B	-0.01%
	SO	A	-0.01%
	MO	C	-0.01%
	UNP	C	-0.01%
	PCG	B	-0.01%
	WFC	D	-0.01%
	BA	F	-0.01%

VCEB: Top Represented Industries & Keywords

Industries: Banks - Global Drug Manufacturers - Major Banks - Regional - US Semiconductors Business Services Credit Services Packaged Foods Asset Management Chemicals Diagnostics & Research Diversified Industrials Medical Devices Specialty Retail Telecom Services Capital Markets Health Care Plans Insurance - Diversified Insurance - Life Software - Application Beverages - Soft Drinks

Keywords: S&P 500 Nasdaq 100 Bank Dow Jones Component Insurance Banking Computing Investment Bank Financial Products Cash Management Commercial Banking Medicine Insurance Products Real Estate Investment Trust Disability Investment Management Asset Management Services Investment Banking Telecommunications Electronics

VCLT: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Drug Manufacturers - Major Insurance - Property & Casualty Utilities - Diversified Diversified Industrials Packaged Foods REIT - Retail Specialty Chemicals Insurance - Life Oil & Gas Midstream REIT - Residential Semiconductors Banks - Global Capital Markets Credit Services Oil & Gas E&P Aerospace & Defense Communication Equipment Household & Personal Products Insurance - Diversified

Keywords: S&P 500 Natural Gas Nasdaq 100 Electricity Insurance Dow Jones Component Real Estate Investment Trust Insurance Products Chemical Bank Computing Electronics Petroleum Industry Crude Oil Disability Medicine Financial Products Mining Natural Gas Storage Plastic