VCIT vs. FLSP ETF Comparison

Comparison of Vanguard Intermediate-Term Corporate Bond ETF (VCIT) to Franklin Liberty Systematic Style Premia ETF (FLSP)

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

$81.02

Average Daily Volume

6,271,503

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.11

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

Performance

Period	VCIT	FLSP
30 Days	-0.48%	0.69%
60 Days	-2.66%	0.06%
90 Days	-1.47%	0.73%
12 Months	8.62%	6.54%

109 Overlapping Holdings

Symbol	Grade	Weight in VCIT	Weight in FLSP	Overlap
A	D	0.02%	0.23%	0.02%
ABBV	D	0.13%	0.59%	0.13%
ADBE	C	0.05%	0.91%	0.05%
ADM	D	0.05%	0.16%	0.05%
ADSK	A	0.03%	0.36%	0.03%
AER	B	0.04%	0.05%	0.04%
AFL	B	0.01%	0.33%	0.01%
AIG	B	0.02%	0.21%	0.02%
AIZ	A	0.02%	0.06%	0.02%
AMAT	F	0.04%	0.66%	0.04%
APH	A	0.02%	0.18%	0.02%
AVB	B	0.02%	0.13%	0.02%
AWK	D	0.02%	0.13%	0.02%
BBY	D	0.02%	0.11%	0.02%
BG	F	0.03%	0.07%	0.03%
BK	A	0.01%	0.31%	0.01%
BKNG	A	0.03%	0.87%	0.03%
BMY	B	0.03%	0.59%	0.03%
BR	A	0.04%	0.12%	0.04%
CAH	B	0.05%	0.12%	0.05%
CBOE	B	0.02%	0.12%	0.02%
CHRW	C	0.03%	0.08%	0.03%
CI	F	0.02%	0.22%	0.02%
CMCSA	B	0.02%	0.42%	0.02%
CMI	A	0.04%	0.25%	0.04%
CRM	B	0.07%	0.7%	0.07%
CSL	C	0.03%	0.11%	0.03%
CSX	B	0.02%	0.31%	0.02%
CTAS	B	0.05%	0.35%	0.05%
DT	C	0.28%	0.08%	0.08%
DVN	F	0.01%	0.13%	0.01%
EA	A	0.04%	0.23%	0.04%
EBAY	D	0.04%	0.18%	0.04%
EL	F	0.02%	0.1%	0.02%
EOG	A	0.05%	0.44%	0.05%
EQH	B	0.01%	0.09%	0.01%
EXPE	B	0.05%	0.14%	0.05%
FDX	B	0.02%	0.27%	0.02%
FIS	C	0.03%	0.26%	0.03%
FOXA	B	0.03%	0.07%	0.03%
FTNT	C	0.02%	0.32%	0.02%
GILD	C	0.01%	0.61%	0.01%
GLPI	C	0.03%	0.07%	0.03%
GM	B	0.02%	0.36%	0.02%
GOOG	C	0.01%	0.11%	0.01%
HCA	F	0.05%	0.36%	0.05%
HD	A	0.03%	0.28%	0.03%
HIG	B	0.03%	0.19%	0.03%
HII	D	0.01%	0.04%	0.01%
HPQ	B	0.04%	0.2%	0.04%
INTU	C	0.02%	0.68%	0.02%
JBL	B	0.03%	0.1%	0.03%
K	A	0.02%	0.12%	0.02%
KMB	D	0.02%	0.23%	0.02%
KR	B	0.01%	0.24%	0.01%
L	A	0.04%	0.09%	0.04%
LDOS	C	0.05%	0.13%	0.05%
LII	A	0.02%	0.11%	0.02%
LIN	D	0.03%	0.13%	0.03%
LVS	C	0.04%	0.11%	0.04%
LYB	F	0.03%	0.11%	0.03%
MA	C	0.03%	0.77%	0.03%
MAS	D	0.02%	0.1%	0.02%
MDT	D	0.02%	0.6%	0.02%
MET	A	0.07%	0.21%	0.07%
MMM	D	0.02%	0.41%	0.02%
MOS	F	0.04%	0.05%	0.04%
MPC	D	0.04%	0.27%	0.04%
MRO	B	0.05%	0.1%	0.05%
MS	A	0.01%	0.15%	0.01%
MSFT	F	0.23%	0.57%	0.23%
MSI	B	0.02%	0.48%	0.02%
NOW	A	0.07%	0.75%	0.07%
NTAP	C	0.03%	0.16%	0.03%
NTRS	A	0.02%	0.12%	0.02%
NUE	C	0.02%	0.14%	0.02%
NVDA	C	0.06%	0.62%	0.06%
OC	A	0.02%	0.09%	0.02%
PG	A	0.04%	0.13%	0.04%
PH	A	0.05%	0.23%	0.05%
PHM	D	0.03%	0.11%	0.03%
PKG	A	0.02%	0.11%	0.02%
PSX	C	0.04%	0.23%	0.04%
PYPL	B	0.05%	0.45%	0.05%
QCOM	F	0.05%	0.83%	0.05%
REG	B	0.02%	0.08%	0.02%
REGN	F	0.06%	0.33%	0.06%
RPM	A	0.03%	0.05%	0.03%
RPRX	D	0.02%	0.06%	0.02%
RS	B	0.02%	0.1%	0.02%
RTX	C	0.01%	0.34%	0.01%
SNA	A	0.01%	0.1%	0.01%
SPG	B	0.01%	0.35%	0.01%
STLD	B	0.02%	0.11%	0.02%
STT	A	0.01%	0.17%	0.01%
SWKS	F	0.03%	0.08%	0.03%
SYY	B	0.05%	0.15%	0.05%
T	A	0.05%	0.63%	0.05%
TGT	F	0.02%	0.19%	0.02%
TJX	A	0.01%	0.75%	0.01%
TMO	F	0.03%	0.34%	0.03%
TXT	D	0.01%	0.09%	0.01%
UDR	B	0.01%	0.09%	0.01%
UHS	D	0.04%	0.07%	0.04%
VLO	C	0.03%	0.25%	0.03%
VRSN	F	0.04%	0.1%	0.04%
VTR	C	0.02%	0.12%	0.02%
VTRS	A	0.04%	0.09%	0.04%
WMT	A	0.01%	0.75%	0.01%

VCIT Overweight 379 Positions Relative to FLSP

Symbol	Grade	Weight
WIT	A	0.15%
AXP	A	0.11%
DD	D	0.1%
AMZN	C	0.09%
TMUS	B	0.09%
BIIB	F	0.07%
RJF	A	0.07%
DLTR	F	0.07%
DB	D	0.07%
COST	B	0.07%
BABA	D	0.07%
HAL	C	0.06%
VRSK	A	0.06%
KOF	F	0.06%
TSN	B	0.06%
CHTR	C	0.06%
MRK	F	0.06%
BMO	A	0.05%
ARCC	A	0.05%
ZBH	C	0.05%
PWR	A	0.05%
STE	F	0.05%
QRVO	F	0.05%
SLB	C	0.05%
IEX	B	0.05%
TD	F	0.05%
NVR	D	0.05%
NEM	D	0.05%
BHF	B	0.05%
AZN	D	0.05%
INTC	D	0.05%
NWG	C	0.05%
GS	A	0.05%
DHR	F	0.04%
AGR	B	0.04%
BEN	C	0.04%
AMG	B	0.04%
URI	B	0.04%
XRAY	F	0.04%
MTB	A	0.04%
ITW	B	0.04%
INVH	D	0.04%
KLAC	D	0.04%
EXP	A	0.04%
CNH	C	0.04%
LMT	D	0.04%
ADI	D	0.04%
PAA	B	0.04%
LRCX	F	0.04%
ADP	B	0.04%
FANG	D	0.04%
BLK	C	0.04%
WAB	B	0.04%
MPLX	A	0.04%
GIS	D	0.04%
OTIS	C	0.04%
NKE	D	0.04%
ET	A	0.04%
MMC	B	0.04%
GOOGL	C	0.04%
GSK	F	0.04%
DELL	C	0.04%
CARR	D	0.04%
GE	D	0.04%
VOD	F	0.04%
VZ	C	0.04%
LLY	F	0.03%
MRVL	B	0.03%
KEX	C	0.03%
HRB	D	0.03%
JNPR	F	0.03%
INGR	B	0.03%
ILMN	D	0.03%
KSS	F	0.03%
FHN	A	0.03%
EMN	D	0.03%
FAF	A	0.03%
AYI	B	0.03%
BNS	A	0.03%
BERY	B	0.03%
TSCO	D	0.03%
RF	A	0.03%
SBRA	C	0.03%
NDAQ	A	0.03%
HP	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	A	0.03%
CME	A	0.03%
CMA	A	0.03%
AGO	B	0.03%
ARW	D	0.03%
ACGL	D	0.03%
AAT	B	0.03%
BDN	C	0.03%
TEL	B	0.03%
WB	D	0.03%
ZION	B	0.03%
VNT	B	0.03%
TRMB	B	0.03%
RL	B	0.03%
SCS	C	0.03%
SON	D	0.03%
SNX	C	0.03%
RGA	A	0.03%
HST	C	0.03%
DAL	C	0.03%
FMC	D	0.03%
SWK	D	0.03%
TT	A	0.03%
VFC	C	0.03%
SJM	D	0.03%
KEYS	A	0.03%
CFG	B	0.03%
OMC	C	0.03%
EFX	F	0.03%
AZO	C	0.03%
WTRG	B	0.03%
O	D	0.03%
MU	D	0.03%
ICE	C	0.03%
FLEX	A	0.03%
FITB	A	0.03%
CPB	D	0.03%
SYF	B	0.03%
NI	A	0.03%
CCI	D	0.03%
UPS	C	0.03%
NXPI	D	0.03%
SRE	A	0.03%
V	A	0.03%
DG	F	0.03%
DLR	B	0.03%
AMT	D	0.03%
ROP	B	0.03%
TDY	B	0.03%
EPD	A	0.03%
COF	B	0.03%
BDX	F	0.03%
MUFG	B	0.03%
DIS	B	0.03%
PFE	D	0.03%
KDP	D	0.03%
BA	F	0.03%
UNM	A	0.02%
TME	D	0.02%
R	B	0.02%
SKT	B	0.02%
SITC	D	0.02%
ROST	C	0.02%
SAFE	D	0.02%
AVT	C	0.02%
CINF	A	0.02%
CHD	B	0.02%
BKU	A	0.02%
CE	F	0.02%
AN	C	0.02%
AMH	D	0.02%
NVT	B	0.02%
GPC	D	0.02%
HR	C	0.02%
IFF	D	0.02%
GXO	B	0.02%
EPRT	B	0.02%
DHI	D	0.02%
FRT	B	0.02%
WU	D	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	B	0.02%
FSK	A	0.02%
CTVA	C	0.02%
EXR	D	0.02%
DRI	B	0.02%
OSK	B	0.02%
MCY	A	0.02%
PDM	D	0.02%
LEG	F	0.02%
LAZ	B	0.02%
KIM	A	0.02%
KRC	C	0.02%
AVY	D	0.02%
PRE	D	0.02%
LNC	B	0.02%
MCO	B	0.02%
JCI	C	0.02%
H	B	0.02%
ALLE	D	0.02%
ALL	A	0.02%
BAX	D	0.02%
ATO	A	0.02%
WPC	D	0.02%
PFG	D	0.02%
SPGI	C	0.02%
PPG	F	0.02%
GL	B	0.02%
EQR	B	0.02%
EPR	D	0.02%
FNF	B	0.02%
TXN	C	0.02%
ZTS	D	0.02%
CP	D	0.02%
XYL	D	0.02%
VMC	B	0.02%
LEA	D	0.02%
HUN	F	0.02%
CNP	B	0.02%
CMS	C	0.02%
BRO	B	0.02%
BIDU	F	0.02%
AES	F	0.02%
PRU	A	0.02%
PM	B	0.02%
KEY	B	0.02%
ESGR	B	0.02%
HBAN	A	0.02%
EQIX	A	0.02%
APD	A	0.02%
IPG	D	0.02%
CPT	B	0.02%
CAT	B	0.02%
SYK	C	0.02%
UNP	C	0.02%
SO	D	0.02%
PEP	F	0.02%
HES	B	0.02%
JEF	A	0.02%
TFC	A	0.02%
STZ	D	0.02%
SHW	A	0.02%
SBUX	A	0.02%
GPN	B	0.02%
BXP	D	0.02%
NOC	D	0.02%
MDLZ	F	0.02%
ABT	B	0.02%
MO	A	0.02%
CVS	D	0.02%
ORCL	B	0.02%
C	A	0.02%
GBDC	C	0.01%
SAVE	D	0.01%
OCSL	F	0.01%
PNR	A	0.01%
PSEC	D	0.01%
NEU	C	0.01%
OGS	A	0.01%
APTV	D	0.01%
KRG	B	0.01%
WTFC	A	0.01%
CBT	C	0.01%
KMT	B	0.01%
WLK	D	0.01%
THG	A	0.01%
WEC	A	0.01%
CHH	A	0.01%
ADC	B	0.01%
KMPR	B	0.01%
PNW	B	0.01%
ROK	B	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	D	0.01%
BKH	A	0.01%
SWX	B	0.01%
PSA	D	0.01%
OGE	B	0.01%
HUM	C	0.01%
GP	F	0.01%
HIW	D	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	B	0.01%
CLX	B	0.01%
AAP	C	0.01%
SUI	D	0.01%
NNN	D	0.01%
LH	C	0.01%
EMR	A	0.01%
DGX	A	0.01%
EIX	B	0.01%
ED	D	0.01%
AL	B	0.01%
ORLY	B	0.01%
LNT	A	0.01%
AEP	D	0.01%
AEE	A	0.01%
RSG	A	0.01%
MLM	B	0.01%
OHI	C	0.01%
HAS	D	0.01%
ESS	B	0.01%
ES	D	0.01%
AMCR	D	0.01%
WELL	A	0.01%
MAA	B	0.01%
MKC	D	0.01%
HRL	D	0.01%
DTE	C	0.01%
ARE	D	0.01%
DOC	D	0.01%
DE	A	0.01%
GD	F	0.01%
BWA	D	0.01%
WM	A	0.01%
WHR	B	0.01%
PLD	D	0.01%
LHX	C	0.01%
CB	C	0.01%
USB	A	0.01%
WY	D	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%
WEST	C	0.01%
WMB	A	0.01%
KO	D	0.01%
BSX	B	0.01%
BRX	A	0.01%
SCHW	B	0.01%
MAR	B	0.01%
LEN	D	0.01%
MCD	D	0.01%
JNJ	D	0.01%
EXC	C	0.01%
CAG	D	0.01%
AMGN	D	0.01%
LOW	D	0.01%
PNC	B	0.01%
HON	B	0.01%
COP	C	0.01%
UNH	C	0.01%
XOM	B	0.01%
NEE	D	0.01%
LUV	C	0.01%
AAPL	C	0.01%
IBM	C	0.01%
UAL	A	0.01%
WFC	A	0.01%
HSBC	B	0.01%
PCG	A	0.01%
JPM	A	0.01%
AVGO	D	0.01%
BAC	A	0.01%

VCIT Underweight 74 Positions Relative to FLSP

Symbol	Grade	Weight
UBER	D	-0.49%
VRTX	F	-0.49%
NVS	D	-0.48%
META	D	-0.45%
NFLX	A	-0.45%
CL	D	-0.36%
FICO	B	-0.34%
CDNS	B	-0.32%
APP	B	-0.31%
VST	B	-0.29%
LNG	B	-0.29%
BCS	C	-0.23%
CPRT	A	-0.22%
AMP	A	-0.22%
RCL	A	-0.21%
CTSH	B	-0.21%
SNPS	B	-0.2%
VICI	C	-0.19%
SE	B	-0.18%
IQV	D	-0.17%
LULU	C	-0.16%
TROW	B	-0.16%
DECK	A	-0.16%
IR	B	-0.16%
MELI	D	-0.16%
GDDY	A	-0.15%
MTD	D	-0.15%
ANSS	B	-0.14%
WAT	B	-0.14%
PCAR	B	-0.14%
IDXX	F	-0.14%
CNC	D	-0.13%
TYL	B	-0.13%
NRG	B	-0.12%
CPAY	A	-0.12%
LYV	A	-0.12%
VEEV	C	-0.12%
STX	D	-0.11%
HOLX	D	-0.11%
WSM	B	-0.11%
MOH	F	-0.1%
CF	B	-0.1%
UTHR	C	-0.1%
BLDR	D	-0.1%
PTC	A	-0.1%
DOCU	A	-0.1%
FE	C	-0.1%
ZM	B	-0.1%
GEN	B	-0.1%
TWLO	A	-0.09%
ROL	B	-0.09%
SSNC	B	-0.09%
EXPD	D	-0.09%
MANH	D	-0.09%
AVTR	F	-0.08%
OVV	B	-0.08%
FFIV	B	-0.08%
DPZ	C	-0.08%
NBIX	C	-0.08%
PAYC	B	-0.07%
TAP	C	-0.07%
DKS	C	-0.07%
INCY	C	-0.07%
ACI	C	-0.06%
MKTX	D	-0.06%
MTCH	D	-0.06%
CHKP	D	-0.06%
TER	D	-0.06%
SEIC	B	-0.06%
WYNN	D	-0.05%
MGM	D	-0.05%
CRBG	B	-0.05%
ON	D	-0.04%
COR	B	-0.04%