VCIT vs. SCHJ ETF Comparison

Comparison of Vanguard Intermediate-Term Corporate Bond ETF (VCIT) to HCM Defender 500 Index ETF (SCHJ)

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

$80.82

Average Daily Volume

6,660,767

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.40

Average Daily Volume

94,728

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	VCIT	SCHJ
30 Days	-1.90%	-0.56%
60 Days	-2.86%	-0.86%
90 Days	-0.93%	0.51%
12 Months	9.85%	7.13%

393 Overlapping Holdings

	Symbol	Grade	Weight in VCIT	Weight in SCHJ	Overlap
	A	F	0.02%	0.02%	0.02%
	AAPL	C	0.01%	0.04%	0.01%
	ABBV	F	0.13%	0.03%	0.03%
	ABT	C	0.02%	0.02%	0.02%
	ADBE	C	0.05%	0.01%	0.01%
	ADI	D	0.04%	0.02%	0.02%
	ADM	F	0.05%	0.02%	0.02%
	ADP	A	0.04%	0.05%	0.04%
	ADSK	B	0.03%	0.02%	0.02%
	AEE	B	0.01%	0.0%	0.0%
	AEP	D	0.01%	0.01%	0.01%
	AER	B	0.04%	0.02%	0.02%
	AES	F	0.02%	0.0%	0.0%
	AFL	C	0.01%	0.01%	0.01%
	AGO	B	0.03%	0.02%	0.02%
	AGR	C	0.04%	0.02%	0.02%
	AIG	B	0.02%	0.04%	0.02%
	AIZ	A	0.02%	0.02%	0.02%
	AL	B	0.01%	0.02%	0.01%
	ALL	B	0.02%	0.03%	0.02%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.04%	0.04%	0.04%
	AMCR	D	0.01%	0.03%	0.01%
	AMG	B	0.04%	0.01%	0.01%
	AMGN	F	0.01%	0.01%	0.01%
	AMT	F	0.03%	0.01%	0.01%
	AMZN	A	0.09%	0.04%	0.04%
	AN	C	0.02%	0.03%	0.02%
	AON	B	0.01%	0.02%	0.01%
	APD	B	0.02%	0.02%	0.02%
	APH	B	0.02%	0.0%	0.0%
	APTV	F	0.01%	0.01%	0.01%
	ARCC	A	0.05%	0.03%	0.03%
	ARE	F	0.01%	0.02%	0.01%
	ARW	F	0.03%	0.01%	0.01%
	ATO	B	0.02%	0.05%	0.02%
	AVB	B	0.02%	0.01%	0.01%
	AVGO	C	0.01%	0.02%	0.01%
	AVT	C	0.02%	0.03%	0.02%
	AWK	D	0.02%	0.02%	0.02%
	AXP	B	0.11%	0.04%	0.04%
	AZN	F	0.05%	0.01%	0.01%
	AZO	B	0.03%	0.0%	0.0%
	BA	F	0.03%	0.01%	0.01%
	BABA	D	0.07%	0.09%	0.07%
	BAC	A	0.01%	0.03%	0.01%
	BAX	F	0.02%	0.03%	0.02%
	BC	D	0.03%	0.03%	0.03%
	BDN	D	0.03%	0.0%	0.0%
	BDX	F	0.03%	0.05%	0.03%
	BEN	C	0.04%	0.01%	0.01%
	BERY	D	0.03%	0.05%	0.03%
	BG	D	0.03%	0.02%	0.02%
	BIDU	F	0.02%	0.03%	0.02%
	BIIB	F	0.07%	0.1%	0.07%
	BK	B	0.01%	0.01%	0.01%
	BKH	A	0.01%	0.02%	0.01%
	BKNG	A	0.03%	0.02%	0.02%
	BKU	A	0.02%	0.03%	0.02%
	BLK	A	0.04%	0.07%	0.04%
	BMO	A	0.05%	0.01%	0.01%
	BMY	B	0.03%	0.02%	0.02%
	BNS	A	0.03%	0.02%	0.02%
	BR	A	0.04%	0.02%	0.02%
	BRO	B	0.02%	0.01%	0.01%
	BRX	A	0.01%	0.0%	0.0%
	BSX	A	0.01%	0.0%	0.0%
	BWA	B	0.01%	0.03%	0.01%
	BXP	D	0.02%	0.02%	0.02%
	C	B	0.02%	0.03%	0.02%
	CAG	F	0.01%	0.01%	0.01%
	CAH	B	0.05%	0.02%	0.02%
	CARR	C	0.04%	0.1%	0.04%
	CAT	B	0.02%	0.02%	0.02%
	CB	C	0.01%	0.02%	0.01%
	CCI	F	0.03%	0.01%	0.01%
	CE	F	0.02%	0.03%	0.02%
	CFG	B	0.03%	0.02%	0.02%
	CHD	A	0.02%	0.01%	0.01%
	CHTR	B	0.06%	0.06%	0.06%
	CI	D	0.02%	0.02%	0.02%
	CLX	A	0.01%	0.03%	0.01%
	CMA	A	0.03%	0.04%	0.03%
	CMCSA	B	0.02%	0.01%	0.01%
	CME	B	0.03%	0.07%	0.03%
	CMI	A	0.04%	0.0%	0.0%
	CMS	D	0.02%	0.0%	0.0%
	CNA	C	0.01%	0.02%	0.01%
	CNH	D	0.04%	0.02%	0.02%
	CNO	B	0.03%	0.03%	0.03%
	CNP	B	0.02%	0.02%	0.02%
	COF	B	0.03%	0.01%	0.01%
	COP	C	0.01%	0.09%	0.01%
	COST	B	0.07%	0.0%	0.0%
	CP	F	0.02%	0.01%	0.01%
	CPB	F	0.03%	0.01%	0.01%
	CRM	B	0.07%	0.02%	0.02%
	CSL	B	0.03%	0.01%	0.01%
	CSX	B	0.02%	0.01%	0.01%
	CTVA	C	0.02%	0.02%	0.02%
	CUBE	D	0.01%	0.0%	0.0%
	CVS	F	0.02%	0.01%	0.01%
	CVX	A	0.01%	0.02%	0.01%
	D	D	0.01%	0.02%	0.01%
	DAL	A	0.03%	0.02%	0.02%
	DB	D	0.07%	0.02%	0.02%
	DD	D	0.1%	0.09%	0.09%
	DE	D	0.01%	0.0%	0.0%
	DELL	C	0.04%	0.04%	0.04%
	DFS	B	0.01%	0.02%	0.01%
	DG	F	0.03%	0.03%	0.03%
	DGX	B	0.01%	0.03%	0.01%
	DHI	D	0.02%	0.02%	0.02%
	DHR	F	0.04%	0.01%	0.01%
	DIS	B	0.03%	0.04%	0.03%
	DLR	C	0.03%	0.03%	0.03%
	DLTR	F	0.07%	0.05%	0.05%
	DOC	C	0.01%	0.0%	0.0%
	DOV	A	0.02%	0.02%	0.02%
	DOW	F	0.01%	0.04%	0.01%
	DTE	D	0.01%	0.01%	0.01%
	DUK	D	0.01%	0.02%	0.01%
	DVN	F	0.01%	0.02%	0.01%
	DXC	B	0.03%	0.04%	0.03%
	EA	A	0.04%	0.03%	0.03%
	EBAY	C	0.04%	0.03%	0.03%
	ED	D	0.01%	0.03%	0.01%
	EFX	F	0.03%	0.01%	0.01%
	EIX	C	0.01%	0.0%	0.0%
	EL	F	0.02%	0.02%	0.02%
	EMN	D	0.03%	0.05%	0.03%
	EMR	A	0.01%	0.03%	0.01%
	EOG	A	0.05%	0.02%	0.02%
	EPD	A	0.03%	0.03%	0.03%
	EQH	B	0.01%	0.02%	0.01%
	EQIX	B	0.02%	0.02%	0.02%
	EQR	C	0.02%	0.03%	0.02%
	ES	D	0.01%	0.01%	0.01%
	ESS	C	0.01%	0.0%	0.0%
	ETN	B	0.03%	0.05%	0.03%
	ETR	B	0.01%	0.02%	0.01%
	EVRG	A	0.01%	0.03%	0.01%
	EXC	C	0.01%	0.03%	0.01%
	EXPE	B	0.05%	0.02%	0.02%
	FAF	C	0.03%	0.03%	0.03%
	FANG	C	0.04%	0.03%	0.03%
	FDX	B	0.02%	0.04%	0.02%
	FHN	A	0.03%	0.02%	0.02%
	FIS	B	0.03%	0.03%	0.03%
	FITB	A	0.03%	0.01%	0.01%
	FLEX	B	0.03%	0.0%	0.0%
	FOXA	A	0.03%	0.04%	0.03%
	FRT	B	0.02%	0.03%	0.02%
	FSK	A	0.02%	0.0%	0.0%
	FTNT	B	0.02%	0.03%	0.02%
	GBDC	B	0.01%	0.02%	0.01%
	GD	C	0.01%	0.02%	0.01%
	GE	D	0.04%	0.03%	0.03%
	GILD	B	0.01%	0.07%	0.01%
	GIS	F	0.04%	0.01%	0.01%
	GLPI	D	0.03%	0.02%	0.02%
	GM	B	0.02%	0.01%	0.01%
	GOOGL	C	0.04%	0.03%	0.03%
	GP	F	0.01%	0.03%	0.01%
	GPN	B	0.02%	0.02%	0.02%
	GS	B	0.05%	0.05%	0.05%
	GSK	F	0.04%	0.04%	0.04%
	GXO	B	0.02%	0.02%	0.02%
	H	B	0.02%	0.02%	0.02%
	HAL	C	0.06%	0.03%	0.03%
	HAS	D	0.01%	0.03%	0.01%
	HBAN	A	0.02%	0.02%	0.02%
	HCA	D	0.05%	0.04%	0.04%
	HD	B	0.03%	0.01%	0.01%
	HES	B	0.02%	0.02%	0.02%
	HII	F	0.01%	0.02%	0.01%
	HON	B	0.01%	0.04%	0.01%
	HP	C	0.03%	0.03%	0.03%
	HPQ	B	0.04%	0.1%	0.04%
	HRB	D	0.03%	0.02%	0.02%
	HRL	F	0.01%	0.05%	0.01%
	HSBC	B	0.01%	0.03%	0.01%
	HST	D	0.03%	0.02%	0.02%
	HSY	F	0.01%	0.01%	0.01%
	HUBB	C	0.01%	0.02%	0.01%
	HUM	D	0.01%	0.01%	0.01%
	IBM	D	0.01%	0.03%	0.01%
	ICE	C	0.03%	0.02%	0.02%
	IFF	F	0.02%	0.03%	0.02%
	ILMN	C	0.03%	0.02%	0.02%
	INTC	C	0.05%	0.02%	0.02%
	INTU	A	0.02%	0.02%	0.02%
	ITW	B	0.04%	0.04%	0.04%
	JBL	C	0.03%	0.03%	0.03%
	JCI	A	0.02%	0.03%	0.02%
	JD	C	0.03%	0.03%	0.03%
	JEF	B	0.02%	0.04%	0.02%
	JNJ	D	0.01%	0.02%	0.01%
	JNPR	D	0.03%	0.02%	0.02%
	JPM	A	0.01%	0.02%	0.01%
	K	A	0.02%	0.02%	0.02%
	KDP	C	0.03%	0.02%	0.02%
	KEY	B	0.02%	0.03%	0.02%
	KEYS	C	0.03%	0.03%	0.03%
	KIM	A	0.02%	0.0%	0.0%
	KLAC	F	0.04%	0.07%	0.04%
	KMB	D	0.02%	0.02%	0.02%
	KMI	B	0.01%	0.01%	0.01%
	KMPR	A	0.01%	0.03%	0.01%
	KO	F	0.01%	0.05%	0.01%
	KR	A	0.01%	0.02%	0.01%
	KRC	C	0.02%	0.02%	0.02%
	KSS	D	0.03%	0.02%	0.02%
	L	A	0.04%	0.02%	0.02%
	LAZ	C	0.02%	0.02%	0.02%
	LDOS	C	0.05%	0.03%	0.03%
	LEG	F	0.02%	0.02%	0.02%
	LEN	D	0.01%	0.02%	0.01%
	LH	B	0.01%	0.02%	0.01%
	LHX	B	0.01%	0.03%	0.01%
	LII	B	0.02%	0.03%	0.02%
	LIN	D	0.03%	0.0%	0.0%
	LLY	F	0.03%	0.02%	0.02%
	LMT	D	0.04%	0.02%	0.02%
	LNC	B	0.02%	0.02%	0.02%
	LNT	C	0.01%	0.02%	0.01%
	LOW	B	0.01%	0.01%	0.01%
	LRCX	F	0.04%	0.01%	0.01%
	LUV	B	0.01%	0.04%	0.01%
	LVS	C	0.04%	0.03%	0.03%
	LYB	F	0.03%	0.02%	0.02%
	MA	B	0.03%	0.04%	0.03%
	MAA	C	0.01%	0.01%	0.01%
	MAR	A	0.01%	0.02%	0.01%
	MCD	C	0.01%	0.01%	0.01%
	MCO	C	0.02%	0.02%	0.02%
	MDLZ	F	0.02%	0.03%	0.02%
	MDT	D	0.02%	0.1%	0.02%
	MET	C	0.07%	0.02%	0.02%
	MHK	D	0.02%	0.03%	0.02%
	MKC	D	0.01%	0.03%	0.01%
	MLM	B	0.01%	0.04%	0.01%
	MMC	D	0.04%	0.02%	0.02%
	MMM	C	0.02%	0.02%	0.02%
	MO	A	0.02%	0.02%	0.02%
	MOS	D	0.04%	0.04%	0.04%
	MPC	D	0.04%	0.03%	0.03%
	MPLX	A	0.04%	0.0%	0.0%
	MRK	F	0.06%	0.05%	0.05%
	MRVL	B	0.03%	0.02%	0.02%
	MS	A	0.01%	0.03%	0.01%
	MSFT	C	0.23%	0.05%	0.05%
	MSI	B	0.02%	0.03%	0.02%
	MTB	A	0.04%	0.01%	0.01%
	MU	D	0.03%	0.03%	0.03%
	MUFG	A	0.03%	0.02%	0.02%
	NDAQ	B	0.03%	0.02%	0.02%
	NEE	D	0.01%	0.0%	0.0%
	NEM	F	0.05%	0.01%	0.01%
	NEU	C	0.01%	0.02%	0.01%
	NFG	D	0.01%	0.01%	0.01%
	NI	A	0.03%	0.06%	0.03%
	NKE	F	0.04%	0.01%	0.01%
	NNN	F	0.01%	0.02%	0.01%
	NOC	D	0.02%	0.04%	0.02%
	NSC	B	0.01%	0.0%	0.0%
	NTAP	D	0.03%	0.02%	0.02%
	NTRS	A	0.02%	0.04%	0.02%
	NUE	D	0.02%	0.02%	0.02%
	NVDA	A	0.06%	0.03%	0.03%
	NWG	B	0.05%	0.02%	0.02%
	NXPI	F	0.03%	0.02%	0.02%
	O	D	0.03%	0.01%	0.01%
	OC	A	0.02%	0.02%	0.02%
	OCSL	D	0.01%	0.02%	0.01%
	OGE	B	0.01%	0.01%	0.01%
	OGS	B	0.01%	0.01%	0.01%
	OHI	C	0.01%	0.01%	0.01%
	OKE	A	0.01%	0.0%	0.0%
	OMC	A	0.03%	0.02%	0.02%
	OPI	F	0.01%	0.03%	0.01%
	ORCL	A	0.02%	0.06%	0.02%
	ORLY	A	0.01%	0.02%	0.01%
	OTIS	D	0.04%	0.07%	0.04%
	PAA	C	0.04%	0.01%	0.01%
	PCG	A	0.01%	0.02%	0.01%
	PDM	D	0.02%	0.01%	0.01%
	PEG	C	0.01%	0.02%	0.01%
	PEP	D	0.02%	0.02%	0.02%
	PFE	F	0.03%	0.03%	0.03%
	PFG	C	0.02%	0.02%	0.02%
	PG	C	0.04%	0.02%	0.02%
	PH	A	0.05%	0.04%	0.04%
	PHM	D	0.03%	0.03%	0.03%
	PKG	B	0.02%	0.02%	0.02%
	PM	B	0.02%	0.02%	0.02%
	PNC	B	0.01%	0.02%	0.01%
	PNW	A	0.01%	0.02%	0.01%
	PPG	F	0.02%	0.01%	0.01%
	PRU	B	0.02%	0.01%	0.01%
	PSA	D	0.01%	0.01%	0.01%
	PSEC	F	0.01%	0.02%	0.01%
	PSX	C	0.04%	0.01%	0.01%
	PYPL	A	0.05%	0.03%	0.03%
	QCOM	F	0.05%	0.02%	0.02%
	R	B	0.02%	0.02%	0.02%
	RF	A	0.03%	0.05%	0.03%
	RGA	A	0.03%	0.02%	0.02%
	RL	B	0.03%	0.03%	0.03%
	RNR	D	0.01%	0.02%	0.01%
	ROK	B	0.01%	0.02%	0.01%
	ROP	A	0.03%	0.01%	0.01%
	ROST	D	0.02%	0.02%	0.02%
	RPM	A	0.03%	0.02%	0.02%
	RPRX	F	0.02%	0.04%	0.02%
	RS	C	0.02%	0.02%	0.02%
	RSG	B	0.01%	0.01%	0.01%
	RTX	D	0.01%	0.02%	0.01%
	SBRA	C	0.03%	0.02%	0.02%
	SBUX	B	0.02%	0.04%	0.02%
	SCHW	B	0.01%	0.01%	0.01%
	SF	A	0.02%	0.05%	0.02%
	SHW	A	0.02%	0.02%	0.02%
	SITC	F	0.02%	0.02%	0.02%
	SJM	F	0.03%	0.05%	0.03%
	SLB	C	0.05%	0.02%	0.02%
	SNX	C	0.03%	0.03%	0.03%
	SO	D	0.02%	0.0%	0.0%
	SPG	A	0.01%	0.02%	0.01%
	SPGI	C	0.02%	0.04%	0.02%
	SRE	B	0.03%	0.02%	0.02%
	STLD	C	0.02%	0.02%	0.02%
	STT	B	0.01%	0.01%	0.01%
	STZ	D	0.02%	0.02%	0.02%
	SWK	F	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.03%	0.05%	0.03%
	SYK	A	0.02%	0.02%	0.02%
	SYY	D	0.05%	0.02%	0.02%
	T	A	0.05%	0.01%	0.01%
	TD	D	0.05%	0.01%	0.01%
	TDY	B	0.03%	0.02%	0.02%
	TEL	B	0.03%	0.03%	0.03%
	TFC	B	0.02%	0.02%	0.02%
	TGT	C	0.02%	0.05%	0.02%
	THG	A	0.01%	0.03%	0.01%
	TJX	A	0.01%	0.02%	0.01%
	TKR	F	0.02%	0.02%	0.02%
	TME	F	0.02%	0.03%	0.02%
	TMO	F	0.03%	0.03%	0.03%
	TMUS	A	0.09%	0.06%	0.06%
	TRMB	B	0.03%	0.02%	0.02%
	TSN	B	0.06%	0.02%	0.02%
	TT	B	0.03%	0.03%	0.03%
	TXN	B	0.02%	0.0%	0.0%
	TXT	D	0.01%	0.0%	0.0%
	UAL	A	0.01%	0.02%	0.01%
	UHS	D	0.04%	0.04%	0.04%
	UNH	B	0.01%	0.01%	0.01%
	UNM	A	0.02%	0.02%	0.02%
	UNP	D	0.02%	0.0%	0.0%
	UPS	C	0.03%	0.02%	0.02%
	USB	B	0.01%	0.03%	0.01%
	V	A	0.03%	0.09%	0.03%
	VFC	C	0.03%	0.04%	0.03%
	VLO	C	0.03%	0.03%	0.03%
	VMC	B	0.02%	0.03%	0.02%
	VNO	C	0.02%	0.01%	0.01%
	VNT	C	0.03%	0.03%	0.03%
	VOD	F	0.04%	0.02%	0.02%
	VOYA	B	0.02%	0.02%	0.02%
	VRSK	A	0.06%	0.05%	0.05%
	VRSN	C	0.04%	0.03%	0.03%
	VTR	C	0.02%	0.01%	0.01%
	VZ	D	0.04%	0.02%	0.02%
	WAB	B	0.04%	0.02%	0.02%
	WB	F	0.03%	0.03%	0.03%
	WBA	D	0.02%	0.06%	0.02%
	WEC	B	0.01%	0.02%	0.01%
	WELL	B	0.01%	0.0%	0.0%
	WEST	D	0.01%	0.01%	0.01%
	WFC	A	0.01%	0.02%	0.01%
	WHR	B	0.01%	0.0%	0.0%
	WLK	F	0.01%	0.04%	0.01%
	WM	A	0.01%	0.02%	0.01%
	WMB	B	0.01%	0.03%	0.01%
	WMT	A	0.01%	0.03%	0.01%
	WPC	F	0.02%	0.02%	0.02%
	WU	F	0.02%	0.0%	0.0%
	XEL	A	0.01%	0.02%	0.01%
	XOM	B	0.01%	0.03%	0.01%
	ZBH	C	0.05%	0.01%	0.01%
	ZTS	D	0.02%	0.02%	0.02%

VCIT Overweight 95 Positions Relative to SCHJ

	Symbol	Grade	Weight
	DT	C	0.28%
	WIT	B	0.15%
	RJF	A	0.07%
	NOW	A	0.07%
	REGN	F	0.06%
	KOF	F	0.06%
	PWR	B	0.05%
	STE	D	0.05%
	QRVO	F	0.05%
	IEX	B	0.05%
	CTAS	B	0.05%
	NVR	D	0.05%
	MRO	B	0.05%
	BHF	B	0.05%
	URI	B	0.04%
	XRAY	F	0.04%
	INVH	D	0.04%
	EXP	B	0.04%
	ET	A	0.04%
	VTRS	B	0.04%
	KEX	A	0.03%
	INGR	B	0.03%
	AYI	A	0.03%
	TSCO	D	0.03%
	HIG	C	0.03%
	FLS	B	0.03%
	EW	F	0.03%
	DOX	C	0.03%
	CHRW	A	0.03%
	ACGL	C	0.03%
	AAT	B	0.03%
	ZION	B	0.03%
	SCS	B	0.03%
	SON	F	0.03%
	FMC	F	0.03%
	WTRG	C	0.03%
	SKT	A	0.02%
	SAFE	F	0.02%
	CINF	A	0.02%
	AMH	C	0.02%
	NVT	C	0.02%
	GPC	D	0.02%
	HR	C	0.02%
	EPRT	C	0.02%
	RYN	F	0.02%
	NOV	C	0.02%
	NHI	D	0.02%
	DSS	F	0.02%
	AFG	A	0.02%
	WBS	A	0.02%
	EXR	D	0.02%
	DRI	B	0.02%
	OSK	B	0.02%
	MCY	B	0.02%
	AVY	F	0.02%
	REG	A	0.02%
	PRE	D	0.02%
	MAS	D	0.02%
	BBY	C	0.02%
	CBOE	D	0.02%
	GL	B	0.02%
	EPR	D	0.02%
	FNF	C	0.02%
	XYL	F	0.02%
	LEA	F	0.02%
	HUN	F	0.02%
	ESGR	B	0.02%
	IPG	F	0.02%
	CPT	C	0.02%
	SAVE	F	0.01%
	GOOG	C	0.01%
	SNA	A	0.01%
	PNR	A	0.01%
	KRG	B	0.01%
	WTFC	B	0.01%
	CBT	C	0.01%
	KMT	B	0.01%
	CHH	B	0.01%
	ADC	A	0.01%
	AAL	B	0.01%
	LXP	D	0.01%
	MKL	A	0.01%
	HPP	F	0.01%
	UDR	C	0.01%
	SWX	B	0.01%
	HIW	D	0.01%
	FLO	F	0.01%
	AXS	A	0.01%
	REXR	F	0.01%
	PGR	A	0.01%
	AAP	C	0.01%
	SUI	F	0.01%
	PLD	D	0.01%
	WY	F	0.01%
	ECL	C	0.01%

VCIT Underweight 43 Positions Relative to SCHJ

	Symbol	Grade	Weight
	TAP	B	-0.08%
	STLA	F	-0.07%
	MCHP	F	-0.05%
	BHP	F	-0.04%
	PPL	A	-0.04%
	JBHT	C	-0.04%
	TPR	A	-0.03%
	MAIN	A	-0.03%
	ORI	A	-0.03%
	GWW	B	-0.03%
	FTV	C	-0.03%
	AWH	F	-0.03%
	IP	B	-0.03%
	PVH	C	-0.03%
	JHG	A	-0.03%
	ALLY	C	-0.03%
	CSCO	A	-0.03%
	HPE	B	-0.03%
	TSLX	D	-0.02%
	TCPC	C	-0.02%
	FNB	B	-0.02%
	VLY	B	-0.02%
	SNV	B	-0.02%
	WAL	B	-0.02%
	HTGC	D	-0.02%
	BCSF	A	-0.02%
	G	B	-0.02%
	CF	B	-0.02%
	HOG	D	-0.02%
	GSBD	F	-0.02%
	SLG	C	-0.02%
	AMP	A	-0.02%
	CM	A	-0.02%
	RY	C	-0.02%
	FE	D	-0.01%
	ALB	C	-0.01%
	MCK	B	-0.01%
	FCNCA	B	-0.0%
	CTRA	B	-0.0%
	SCCO	F	-0.0%
	PCAR	B	-0.0%
	IVZ	B	-0.0%
	CL	F	-0.0%

VCIT: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Diversified Industrials REIT - Retail Asset Management Drug Manufacturers - Major Insurance - Property & Casualty Banks - Global Packaged Foods REIT - Office Semiconductors Specialty Chemicals Specialty Retail Business Services Credit Services Insurance - Life REIT - Residential Capital Markets Aerospace & Defense Diagnostics & Research

Keywords: S&P 500 Nasdaq 100 Natural Gas Real Estate Investment Trust Insurance Bank Electricity Dow Jones Component Banking Insurance Products Electronics Computing Aerospace Chemical Investment Bank Mining Plastic Financial Products Beverage Commercial Banking

SCHJ: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Drug Manufacturers - Major Credit Services Diversified Industrials Semiconductors REIT - Office Specialty Chemicals Business Services Packaged Foods Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas E&P REIT - Retail Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Banking Electricity Dow Jones Component Real Estate Investment Trust Investment Bank Computing Electronics Financial Products Insurance Products Cash Management Aerospace Chemical Commercial Banking Semiconductor Disability