VCIT vs. CWI ETF Comparison

Comparison of Vanguard Intermediate-Term Corporate Bond ETF (VCIT) to SPDR MSCI ACWI ex-US ETF (CWI)

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 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 between 5 and 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

$80.96

Average Daily Volume

6,311,765

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

CWI

SPDR MSCI ACWI ex-US ETF

CWI Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the MSCI All Country World Index ex USA. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.63

Average Daily Volume

156,410

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VCIT	CWI
30 Days	-0.79%	-3.80%
60 Days	-2.83%	-3.51%
90 Days	-1.55%	-3.73%
12 Months	8.54%	13.36%

9 Overlapping Holdings

Symbol	Grade	Weight in VCIT	Weight in CWI	Overlap
ABBV	F	0.13%	0.45%	0.13%
AER	A	0.04%	0.03%	0.03%
BABA	D	0.07%	0.6%	0.07%
BABA	D	0.07%	0.09%	0.07%
BIDU	F	0.02%	0.1%	0.02%
MUFG	B	0.03%	0.51%	0.03%
TD	D	0.05%	0.44%	0.05%
TME	D	0.02%	0.03%	0.02%
WIT	B	0.15%	0.04%	0.04%

VCIT Overweight 480 Positions Relative to CWI

Symbol	Grade	Weight
DT	D	0.28%
MSFT	D	0.23%
AXP	A	0.11%
DD	C	0.1%
AMZN	C	0.09%
TMUS	B	0.09%
BIIB	F	0.07%
RJF	A	0.07%
NOW	A	0.07%
MET	A	0.07%
DLTR	F	0.07%
DB	D	0.07%
CRM	B	0.07%
COST	A	0.07%
HAL	C	0.06%
VRSK	A	0.06%
REGN	F	0.06%
KOF	F	0.06%
TSN	B	0.06%
NVDA	B	0.06%
CHTR	C	0.06%
MRK	D	0.06%
ADM	D	0.05%
BMO	A	0.05%
ARCC	A	0.05%
ZBH	C	0.05%
PWR	A	0.05%
STE	D	0.05%
QRVO	F	0.05%
SLB	C	0.05%
LDOS	C	0.05%
IEX	C	0.05%
EOG	A	0.05%
CTAS	B	0.05%
CAH	B	0.05%
NVR	D	0.05%
MRO	B	0.05%
SYY	D	0.05%
NEM	D	0.05%
ADBE	C	0.05%
BHF	C	0.05%
PH	A	0.05%
EXPE	B	0.05%
AZN	F	0.05%
PYPL	B	0.05%
HCA	F	0.05%
INTC	C	0.05%
NWG	A	0.05%
QCOM	F	0.05%
T	A	0.05%
GS	A	0.05%
PSX	C	0.04%
L	A	0.04%
DHR	F	0.04%
EA	A	0.04%
CMI	A	0.04%
AGR	A	0.04%
BEN	C	0.04%
AMG	B	0.04%
VRSN	C	0.04%
URI	C	0.04%
UHS	D	0.04%
XRAY	F	0.04%
MOS	F	0.04%
MTB	A	0.04%
ITW	B	0.04%
INVH	D	0.04%
KLAC	F	0.04%
EXP	B	0.04%
CNH	C	0.04%
LVS	B	0.04%
LMT	D	0.04%
MPC	D	0.04%
EBAY	D	0.04%
BR	A	0.04%
ADI	D	0.04%
PAA	B	0.04%
LRCX	F	0.04%
HPQ	B	0.04%
ADP	A	0.04%
FANG	C	0.04%
AMAT	F	0.04%
BLK	B	0.04%
WAB	B	0.04%
MPLX	A	0.04%
GIS	D	0.04%
PG	C	0.04%
OTIS	C	0.04%
NKE	F	0.04%
ET	A	0.04%
MMC	B	0.04%
VTRS	A	0.04%
GOOGL	C	0.04%
GSK	F	0.04%
DELL	B	0.04%
CARR	C	0.04%
GE	D	0.04%
VOD	F	0.04%
VZ	C	0.04%
LLY	F	0.03%
MRVL	B	0.03%
KEX	B	0.03%
HRB	D	0.03%
JNPR	D	0.03%
INGR	C	0.03%
ILMN	C	0.03%
JBL	C	0.03%
KSS	F	0.03%
FHN	A	0.03%
EMN	C	0.03%
FAF	A	0.03%
AYI	B	0.03%
ADSK	A	0.03%
BNS	A	0.03%
BERY	C	0.03%
TSCO	D	0.03%
SWKS	F	0.03%
RF	A	0.03%
SBRA	C	0.03%
NDAQ	A	0.03%
LIN	C	0.03%
HP	C	0.03%
HIG	B	0.03%
JD	D	0.03%
DXC	B	0.03%
FLS	B	0.03%
EW	C	0.03%
DOX	D	0.03%
ETN	A	0.03%
BC	C	0.03%
CNO	B	0.03%
CME	B	0.03%
CMA	B	0.03%
AGO	B	0.03%
CHRW	B	0.03%
ARW	D	0.03%
ACGL	C	0.03%
AAT	B	0.03%
BDN	C	0.03%
TEL	B	0.03%
WB	D	0.03%
ZION	B	0.03%
VNT	C	0.03%
TRMB	B	0.03%
RPM	A	0.03%
PHM	D	0.03%
RL	C	0.03%
SCS	C	0.03%
SON	F	0.03%
SNX	D	0.03%
RGA	A	0.03%
HST	C	0.03%
DAL	B	0.03%
CSL	C	0.03%
FMC	D	0.03%
SWK	D	0.03%
TT	A	0.03%
VFC	C	0.03%
SJM	D	0.03%
NTAP	C	0.03%
KEYS	A	0.03%
CFG	B	0.03%
OMC	C	0.03%
EFX	F	0.03%
AZO	C	0.03%
VLO	C	0.03%
WTRG	B	0.03%
LYB	F	0.03%
O	C	0.03%
MU	D	0.03%
GLPI	C	0.03%
ICE	C	0.03%
FLEX	B	0.03%
FITB	B	0.03%
CPB	D	0.03%
FIS	C	0.03%
BG	D	0.03%
SYF	B	0.03%
NI	A	0.03%
CCI	C	0.03%
TMO	F	0.03%
UPS	C	0.03%
NXPI	D	0.03%
SRE	A	0.03%
V	A	0.03%
MA	B	0.03%
DG	F	0.03%
HD	B	0.03%
DLR	B	0.03%
AMT	C	0.03%
ROP	B	0.03%
BKNG	A	0.03%
TDY	B	0.03%
EPD	A	0.03%
COF	C	0.03%
BDX	F	0.03%
FOXA	A	0.03%
DIS	B	0.03%
PFE	F	0.03%
KDP	F	0.03%
BMY	B	0.03%
BA	F	0.03%
UNM	A	0.02%
R	B	0.02%
SKT	A	0.02%
SITC	D	0.02%
PKG	A	0.02%
RS	B	0.02%
ROST	D	0.02%
SAFE	F	0.02%
AIZ	A	0.02%
AVT	C	0.02%
CINF	A	0.02%
CHD	A	0.02%
BKU	A	0.02%
CE	F	0.02%
AN	C	0.02%
AMH	C	0.02%
NVT	B	0.02%
GPC	D	0.02%
HR	B	0.02%
IFF	D	0.02%
GXO	B	0.02%
EPRT	B	0.02%
DHI	F	0.02%
FTNT	C	0.02%
FRT	B	0.02%
WU	F	0.02%
TKR	D	0.02%
RYN	D	0.02%
SF	B	0.02%
NOV	C	0.02%
NHI	D	0.02%
MHK	D	0.02%
DOV	A	0.02%
DSS	F	0.02%
AFG	A	0.02%
WBS	A	0.02%
WBA	F	0.02%
VOYA	B	0.02%
VNO	C	0.02%
FSK	A	0.02%
CTVA	C	0.02%
EXR	C	0.02%
DRI	B	0.02%
OSK	C	0.02%
LII	A	0.02%
MDT	D	0.02%
MCY	A	0.02%
PDM	D	0.02%
OC	A	0.02%
LEG	F	0.02%
LAZ	B	0.02%
KIM	A	0.02%
KRC	B	0.02%
AVY	F	0.02%
REG	A	0.02%
PRE	D	0.02%
MAS	D	0.02%
LNC	C	0.02%
MCO	B	0.02%
NUE	C	0.02%
INTU	B	0.02%
JCI	B	0.02%
H	B	0.02%
BBY	D	0.02%
ALLE	C	0.02%
ALL	A	0.02%
BAX	F	0.02%
AVB	B	0.02%
ATO	A	0.02%
CBOE	C	0.02%
WPC	C	0.02%
PFG	D	0.02%
SPGI	C	0.02%
PPG	F	0.02%
GL	C	0.02%
EQR	C	0.02%
EPR	C	0.02%
EL	F	0.02%
FNF	B	0.02%
TXN	C	0.02%
ZTS	D	0.02%
CP	F	0.02%
XYL	D	0.02%
VMC	B	0.02%
LEA	F	0.02%
K	A	0.02%
HUN	F	0.02%
CNP	A	0.02%
CMS	C	0.02%
BRO	B	0.02%
AWK	C	0.02%
AES	F	0.02%
A	D	0.02%
VTR	B	0.02%
PRU	A	0.02%
PM	B	0.02%
MMM	D	0.02%
KEY	B	0.02%
KMB	C	0.02%
ESGR	B	0.02%
HBAN	A	0.02%
EQIX	A	0.02%
FDX	B	0.02%
APD	A	0.02%
NTRS	A	0.02%
IPG	D	0.02%
CPT	B	0.02%
CAT	B	0.02%
SYK	B	0.02%
STLD	B	0.02%
MSI	B	0.02%
CSX	C	0.02%
APH	A	0.02%
TGT	F	0.02%
UNP	C	0.02%
RPRX	D	0.02%
SO	C	0.02%
PEP	F	0.02%
GM	C	0.02%
HES	B	0.02%
JEF	A	0.02%
TFC	A	0.02%
STZ	D	0.02%
SHW	B	0.02%
SBUX	A	0.02%
GPN	B	0.02%
BXP	C	0.02%
NOC	D	0.02%
MDLZ	F	0.02%
ABT	B	0.02%
AIG	B	0.02%
MO	A	0.02%
CVS	D	0.02%
ORCL	A	0.02%
CI	D	0.02%
CMCSA	B	0.02%
C	A	0.02%
GBDC	D	0.01%
SAVE	F	0.01%
OCSL	F	0.01%
GOOG	C	0.01%
SNA	A	0.01%
PNR	A	0.01%
PSEC	D	0.01%
NEU	D	0.01%
OGS	A	0.01%
APTV	F	0.01%
KRG	B	0.01%
WTFC	A	0.01%
CBT	D	0.01%
KMT	B	0.01%
WLK	D	0.01%
THG	A	0.01%
WEC	A	0.01%
CHH	A	0.01%
ADC	A	0.01%
KMPR	A	0.01%
PNW	A	0.01%
ROK	C	0.01%
RNR	C	0.01%
AAL	B	0.01%
HUBB	B	0.01%
HSY	F	0.01%
LXP	D	0.01%
NFG	A	0.01%
MKL	A	0.01%
OPI	F	0.01%
NSC	B	0.01%
HPP	F	0.01%
CUBE	C	0.01%
DVN	F	0.01%
BKH	A	0.01%
UDR	B	0.01%
TXT	D	0.01%
SWX	B	0.01%
PSA	C	0.01%
OGE	A	0.01%
HUM	C	0.01%
GP	F	0.01%
HIW	C	0.01%
FLO	D	0.01%
AXS	A	0.01%
PEG	A	0.01%
REXR	F	0.01%
XEL	A	0.01%
PGR	A	0.01%
EVRG	A	0.01%
ETR	B	0.01%
CNA	C	0.01%
CLX	A	0.01%
AAP	D	0.01%
SUI	C	0.01%
TJX	A	0.01%
NNN	C	0.01%
LH	B	0.01%
HII	F	0.01%
EMR	B	0.01%
DGX	A	0.01%
EIX	B	0.01%
ED	C	0.01%
AL	B	0.01%
ORLY	B	0.01%
LNT	A	0.01%
AEP	C	0.01%
AEE	A	0.01%
RSG	A	0.01%
MLM	C	0.01%
OHI	C	0.01%
HAS	D	0.01%
ESS	B	0.01%
ES	C	0.01%
AMCR	C	0.01%
WELL	A	0.01%
MAA	B	0.01%
MKC	C	0.01%
HRL	D	0.01%
DTE	C	0.01%
ARE	F	0.01%
DOC	C	0.01%
SPG	A	0.01%
KR	B	0.01%
DE	B	0.01%
GD	D	0.01%
BWA	D	0.01%
STT	B	0.01%
WM	B	0.01%
WHR	B	0.01%
PLD	F	0.01%
LHX	C	0.01%
CB	C	0.01%
USB	A	0.01%
WY	F	0.01%
OKE	A	0.01%
DFS	B	0.01%
AON	A	0.01%
KMI	A	0.01%
ECL	D	0.01%
DOW	F	0.01%
D	C	0.01%
CVX	A	0.01%
DUK	C	0.01%
BK	A	0.01%
WEST	C	0.01%
WMB	A	0.01%
KO	D	0.01%
BSX	A	0.01%
BRX	A	0.01%
SCHW	B	0.01%
MAR	A	0.01%
LEN	D	0.01%
MCD	D	0.01%
JNJ	C	0.01%
EXC	C	0.01%
GILD	C	0.01%
EQH	C	0.01%
CAG	F	0.01%
AMGN	F	0.01%
AFL	B	0.01%
LOW	C	0.01%
PNC	B	0.01%
HON	C	0.01%
COP	C	0.01%
UNH	B	0.01%
XOM	B	0.01%
NEE	C	0.01%
LUV	C	0.01%
AAPL	C	0.01%
IBM	C	0.01%
WMT	A	0.01%
UAL	A	0.01%
MS	A	0.01%
WFC	A	0.01%
RTX	D	0.01%
HSBC	A	0.01%
PCG	A	0.01%
JPM	A	0.01%
AVGO	D	0.01%
BAC	A	0.01%

VCIT Underweight 80 Positions Relative to CWI

Symbol	Grade	Weight
TSM	B	-3.02%
NVS	F	-0.81%
TM	F	-0.68%
HSBH	B	-0.66%
UL	D	-0.54%
SHOP	B	-0.52%
SONY	B	-0.47%
INFY	C	-0.33%
CNI	F	-0.32%
PDD	F	-0.28%
SMFG	B	-0.27%
DEO	F	-0.27%
IBN	C	-0.27%
HDB	C	-0.25%
BCS	A	-0.21%
HMC	F	-0.16%
LYG	D	-0.16%
MFG	A	-0.15%
ITUB	F	-0.15%
E	F	-0.15%
SE	A	-0.14%
TCOM	B	-0.13%
VALE	F	-0.13%
CHT	C	-0.11%
KB	B	-0.11%
UMC	F	-0.1%
STLA	F	-0.1%
SHG	C	-0.09%
BAP	A	-0.08%
RDY	F	-0.08%
YUMC	C	-0.07%
BBD	D	-0.07%
TEVA	C	-0.07%
NMR	B	-0.07%
ABEV	F	-0.06%
PKX	D	-0.06%
CHKP	C	-0.06%
XRX	F	-0.05%
CIB	B	-0.05%
LI	F	-0.05%
BEKE	D	-0.05%
CIG	C	-0.04%
AGCO	D	-0.04%
RBA	A	-0.04%
WIX	A	-0.04%
ENIC	B	-0.04%
BGNE	D	-0.04%
MT	B	-0.04%
CYBR	A	-0.04%
GGB	C	-0.03%
HTHT	D	-0.03%
NIO	F	-0.03%
CSAN	F	-0.03%
LOGI	D	-0.03%
SQM	D	-0.03%
VIPS	F	-0.03%
GRAB	A	-0.03%
MNDY	C	-0.03%
OTEX	F	-0.03%
XPEV	C	-0.02%
LEGN	D	-0.02%
QFIN	A	-0.02%
XPEV	C	-0.02%
BRFS	C	-0.02%
FUTU	D	-0.02%
TAL	F	-0.02%
PHI	D	-0.02%
KEP	B	-0.02%
BILI	D	-0.02%
IQ	F	-0.01%
VALE	F	-0.01%
ATHM	C	-0.01%
GLBE	B	-0.01%
SBSW	D	-0.01%
MBAVU	C	-0.01%
BVN	D	-0.01%
BZ	F	-0.01%
SID	F	-0.01%
QGEN	D	-0.0%
SCCO	F	-0.0%

CWI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Banks - Regional - Asia Software - Application Banks - Global Banks - Regional - Latin America Steel Information Technology Services Specialty Retail Biotechnology Capital Markets Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Industrial Metals & Minerals Semiconductors Telecom Services Utilities - Regulated Electric Airports & Air Services Banks - Regional - Europe Beverages - Brewers