VCIT vs. VCEB ETF Comparison

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

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

$83.94

Average Daily Volume

6,360,148

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

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

Performance

Period	VCIT	VCEB
30 Days	1.53%	1.53%
60 Days	4.68%	4.63%
90 Days	5.63%	5.27%
12 Months	14.55%	12.57%

229 Overlapping Holdings

	Symbol	Grade	Weight in VCIT	Weight in VCEB	Overlap
	A	C	0.02%	0.02%	0.02%
	AAPL	C	0.01%	0.01%	0.01%
	ABBV	C	0.13%	0.03%	0.03%
	ABT	C	0.02%	0.03%	0.02%
	ACGL	B	0.03%	0.03%	0.03%
	ADBE	F	0.05%	0.01%	0.01%
	ADI	C	0.04%	0.01%	0.01%
	ADM	D	0.05%	0.02%	0.02%
	ADP	B	0.04%	0.03%	0.03%
	AER	B	0.04%	0.01%	0.01%
	AFL	C	0.01%	0.05%	0.01%
	AIG	D	0.02%	0.01%	0.01%
	AL	D	0.01%	0.01%	0.01%
	AMAT	D	0.04%	0.01%	0.01%
	AMGN	B	0.01%	0.01%	0.01%
	AMT	C	0.03%	0.01%	0.01%
	AMZN	C	0.09%	0.01%	0.01%
	AON	B	0.01%	0.01%	0.01%
	APD	B	0.02%	0.02%	0.02%
	APH	C	0.02%	0.02%	0.02%
	ARE	C	0.01%	0.01%	0.01%
	AVGO	C	0.01%	0.02%	0.01%
	AWK	C	0.02%	0.02%	0.02%
	AXP	B	0.11%	0.01%	0.01%
	AZN	D	0.05%	0.02%	0.02%
	AZO	D	0.03%	0.04%	0.03%
	BABA	B	0.07%	0.02%	0.02%
	BAC	D	0.01%	0.02%	0.01%
	BAX	C	0.02%	0.02%	0.02%
	BDX	F	0.03%	0.03%	0.03%
	BEN	F	0.04%	0.02%	0.02%
	BERY	C	0.03%	0.01%	0.01%
	BG	D	0.03%	0.03%	0.03%
	BHF	D	0.05%	0.03%	0.03%
	BIIB	F	0.07%	0.01%	0.01%
	BK	A	0.01%	0.01%	0.01%
	BKNG	B	0.03%	0.02%	0.02%
	BLK	B	0.04%	0.02%	0.02%
	BMO	C	0.05%	0.01%	0.01%
	BMY	C	0.03%	0.03%	0.03%
	BNS	A	0.03%	0.01%	0.01%
	BR	D	0.04%	0.02%	0.02%
	BRX	B	0.01%	0.01%	0.01%
	BSX	B	0.01%	0.01%	0.01%
	BWA	D	0.01%	0.03%	0.01%
	BXP	B	0.02%	0.01%	0.01%
	C	D	0.02%	0.01%	0.01%
	CAG	C	0.01%	0.01%	0.01%
	CAH	C	0.05%	0.02%	0.02%
	CARR	B	0.04%	0.02%	0.02%
	CAT	B	0.02%	0.01%	0.01%
	CB	B	0.01%	0.01%	0.01%
	CCI	C	0.03%	0.01%	0.01%
	CFG	C	0.03%	0.03%	0.03%
	CHTR	D	0.06%	0.02%	0.02%
	CI	C	0.02%	0.01%	0.01%
	CMA	A	0.03%	0.03%	0.03%
	CMCSA	D	0.02%	0.01%	0.01%
	CME	C	0.03%	0.02%	0.02%
	CMI	C	0.04%	0.02%	0.02%
	COF	A	0.03%	0.01%	0.01%
	CPB	B	0.03%	0.02%	0.02%
	CPT	B	0.02%	0.04%	0.02%
	CRM	D	0.07%	0.02%	0.02%
	CSL	B	0.03%	0.02%	0.02%
	CTAS	C	0.05%	0.04%	0.04%
	CVS	F	0.02%	0.01%	0.01%
	DB	B	0.07%	0.02%	0.02%
	DD	B	0.1%	0.06%	0.06%
	DE	B	0.01%	0.02%	0.01%
	DELL	C	0.04%	0.01%	0.01%
	DFS	B	0.01%	0.01%	0.01%
	DG	F	0.03%	0.03%	0.03%
	DGX	C	0.01%	0.03%	0.01%
	DHR	C	0.04%	0.01%	0.01%
	DIS	D	0.03%	0.01%	0.01%
	DLR	B	0.03%	0.01%	0.01%
	DLTR	F	0.07%	0.02%	0.02%
	DOC	C	0.01%	0.03%	0.01%
	DOW	D	0.01%	0.01%	0.01%
	DT	C	0.28%	0.19%	0.19%
	EA	D	0.04%	0.01%	0.01%
	EBAY	B	0.04%	0.01%	0.01%
	EFX	C	0.03%	0.02%	0.02%
	EMN	B	0.03%	0.02%	0.02%
	EQH	C	0.01%	0.05%	0.01%
	EQIX	B	0.02%	0.03%	0.02%
	EQR	C	0.02%	0.03%	0.02%
	ETN	C	0.03%	0.03%	0.03%
	EXP	B	0.04%	0.01%	0.01%
	EXPE	C	0.05%	0.04%	0.04%
	FDX	F	0.02%	0.01%	0.01%
	FIS	B	0.03%	0.01%	0.01%
	FITB	B	0.03%	0.02%	0.02%
	FOXA	B	0.03%	0.01%	0.01%
	GILD	B	0.01%	0.01%	0.01%
	GIS	B	0.04%	0.03%	0.03%
	GLPI	C	0.03%	0.01%	0.01%
	GM	B	0.02%	0.01%	0.01%
	GOOGL	D	0.04%	0.02%	0.02%
	GPN	D	0.02%	0.01%	0.01%
	GS	C	0.05%	0.01%	0.01%
	GSK	D	0.04%	0.02%	0.02%
	HAS	B	0.01%	0.03%	0.01%
	HBAN	B	0.02%	0.02%	0.02%
	HCA	A	0.05%	0.02%	0.02%
	HD	A	0.03%	0.01%	0.01%
	HIG	B	0.03%	0.02%	0.02%
	HPQ	D	0.04%	0.01%	0.01%
	HRL	D	0.01%	0.02%	0.01%
	HSBC	B	0.01%	0.02%	0.01%
	HST	C	0.03%	0.02%	0.02%
	HUM	F	0.01%	0.01%	0.01%
	HUN	D	0.02%	0.02%	0.02%
	IBM	A	0.01%	0.02%	0.01%
	ICE	C	0.03%	0.01%	0.01%
	IFF	C	0.02%	0.03%	0.02%
	INTC	F	0.05%	0.01%	0.01%
	ITW	C	0.04%	0.03%	0.03%
	JNJ	C	0.01%	0.01%	0.01%
	JPM	D	0.01%	0.01%	0.01%
	K	A	0.02%	0.03%	0.02%
	KDP	B	0.03%	0.01%	0.01%
	KEY	B	0.02%	0.01%	0.01%
	KLAC	D	0.04%	0.01%	0.01%
	KMB	D	0.02%	0.04%	0.02%
	KO	B	0.01%	0.01%	0.01%
	LEA	F	0.02%	0.02%	0.02%
	LEN	C	0.01%	0.04%	0.01%
	LH	C	0.01%	0.03%	0.01%
	LLY	C	0.03%	0.03%	0.03%
	LOW	A	0.01%	0.01%	0.01%
	LRCX	F	0.04%	0.01%	0.01%
	LUV	C	0.01%	0.01%	0.01%
	MA	B	0.03%	0.03%	0.03%
	MAR	C	0.01%	0.01%	0.01%
	MCD	B	0.01%	0.01%	0.01%
	MDLZ	C	0.02%	0.01%	0.01%
	MDT	C	0.02%	0.05%	0.02%
	MET	A	0.07%	0.01%	0.01%
	MKC	C	0.01%	0.02%	0.01%
	MLM	D	0.01%	0.02%	0.01%
	MMC	C	0.04%	0.04%	0.04%
	MMM	A	0.02%	0.01%	0.01%
	MOS	F	0.04%	0.06%	0.04%
	MRK	D	0.06%	0.01%	0.01%
	MRVL	C	0.03%	0.01%	0.01%
	MS	C	0.01%	0.01%	0.01%
	MSFT	C	0.23%	0.01%	0.01%
	MSI	B	0.02%	0.01%	0.01%
	MTB	A	0.04%	0.07%	0.04%
	MU	F	0.03%	0.03%	0.03%
	MUFG	D	0.03%	0.01%	0.01%
	NEM	B	0.05%	0.02%	0.02%
	NKE	D	0.04%	0.01%	0.01%
	NOW	A	0.07%	0.04%	0.04%
	NTAP	D	0.03%	0.02%	0.02%
	NTRS	B	0.02%	0.03%	0.02%
	NVDA	D	0.06%	0.01%	0.01%
	NVR	B	0.05%	0.03%	0.03%
	NWG	C	0.05%	0.01%	0.01%
	NXPI	D	0.03%	0.01%	0.01%
	O	C	0.03%	0.02%	0.02%
	OMC	B	0.03%	0.02%	0.02%
	ORCL	B	0.02%	0.02%	0.02%
	ORLY	D	0.01%	0.03%	0.01%
	OTIS	C	0.04%	0.04%	0.04%
	PEP	D	0.02%	0.01%	0.01%
	PFE	C	0.03%	0.01%	0.01%
	PG	C	0.04%	0.01%	0.01%
	PGR	A	0.01%	0.05%	0.01%
	PH	A	0.05%	0.01%	0.01%
	PLD	C	0.01%	0.01%	0.01%
	PNC	A	0.01%	0.01%	0.01%
	PPG	D	0.02%	0.03%	0.02%
	PRU	C	0.02%	0.01%	0.01%
	PWR	B	0.05%	0.03%	0.03%
	PYPL	B	0.05%	0.01%	0.01%
	QCOM	F	0.05%	0.01%	0.01%
	QRVO	F	0.05%	0.02%	0.02%
	REGN	C	0.06%	0.02%	0.02%
	RF	B	0.03%	0.03%	0.03%
	RJF	C	0.07%	0.02%	0.02%
	RL	B	0.03%	0.02%	0.02%
	ROP	C	0.03%	0.03%	0.03%
	RPRX	D	0.02%	0.01%	0.01%
	RSG	D	0.01%	0.01%	0.01%
	SBUX	C	0.02%	0.02%	0.02%
	SCHW	D	0.01%	0.01%	0.01%
	SHW	B	0.02%	0.02%	0.02%
	SJM	C	0.03%	0.03%	0.03%
	SPG	A	0.01%	0.01%	0.01%
	STT	B	0.01%	0.01%	0.01%
	SWK	B	0.03%	0.02%	0.02%
	SYF	C	0.03%	0.03%	0.03%
	SYK	C	0.02%	0.01%	0.01%
	SYY	D	0.05%	0.01%	0.01%
	T	C	0.05%	0.01%	0.01%
	TD	A	0.05%	0.01%	0.01%
	TFC	D	0.02%	0.01%	0.01%
	TGT	C	0.02%	0.01%	0.01%
	TJX	C	0.01%	0.07%	0.01%
	TMO	C	0.03%	0.01%	0.01%
	TMUS	C	0.09%	0.01%	0.01%
	TSN	D	0.06%	0.01%	0.01%
	TT	A	0.03%	0.02%	0.02%
	TXN	C	0.02%	0.01%	0.01%
	UHS	B	0.04%	0.02%	0.02%
	UNH	C	0.01%	0.01%	0.01%
	UPS	F	0.03%	0.01%	0.01%
	USB	B	0.01%	0.01%	0.01%
	V	C	0.03%	0.02%	0.02%
	VFC	C	0.03%	0.02%	0.02%
	VMC	D	0.02%	0.02%	0.02%
	VOD	C	0.04%	0.03%	0.03%
	VRSK	D	0.06%	0.04%	0.04%
	VRSN	D	0.04%	0.03%	0.03%
	VTR	C	0.02%	0.02%	0.02%
	VTRS	D	0.04%	0.01%	0.01%
	VZ	B	0.04%	0.02%	0.02%
	WAB	A	0.04%	0.03%	0.03%
	WB	F	0.03%	0.01%	0.01%
	WBA	F	0.02%	0.02%	0.02%
	WELL	C	0.01%	0.01%	0.01%
	WM	D	0.01%	0.01%	0.01%
	WRK	C	0.01%	0.06%	0.01%
	XRAY	D	0.04%	0.02%	0.02%
	ZBH	F	0.05%	0.03%	0.03%
	ZTS	C	0.02%	0.01%	0.01%

VCIT Overweight 259 Positions Relative to VCEB

	Symbol	Grade	Weight
	WIT	C	0.15%
	COST	B	0.07%
	HAL	F	0.06%
	KOF	D	0.06%
	ARCC	B	0.05%
	STE	C	0.05%
	SLB	F	0.05%
	LDOS	B	0.05%
	IEX	D	0.05%
	EOG	D	0.05%
	MRO	C	0.05%
	PSX	D	0.04%
	L	D	0.04%
	AGR	B	0.04%
	AMG	C	0.04%
	URI	B	0.04%
	INVH	C	0.04%
	CNH	D	0.04%
	LVS	D	0.04%
	LMT	B	0.04%
	MPC	D	0.04%
	PAA	C	0.04%
	FANG	D	0.04%
	MPLX	B	0.04%
	ET	B	0.04%
	GE	A	0.04%
	KEX	C	0.03%
	HRB	C	0.03%
	JNPR	A	0.03%
	INGR	B	0.03%
	ILMN	C	0.03%
	JBL	D	0.03%
	KSS	F	0.03%
	FHN	D	0.03%
	FAF	C	0.03%
	AYI	A	0.03%
	ADSK	C	0.03%
	TSCO	C	0.03%
	SWKS	F	0.03%
	SBRA	C	0.03%
	NDAQ	A	0.03%
	LIN	B	0.03%
	HP	D	0.03%
	JD	C	0.03%
	DXC	C	0.03%
	FLS	D	0.03%
	EW	F	0.03%
	DOX	C	0.03%
	BC	C	0.03%
	CNO	A	0.03%
	AGO	C	0.03%
	CHRW	A	0.03%
	ARW	C	0.03%
	AAT	B	0.03%
	BDN	C	0.03%
	TEL	D	0.03%
	ZION	D	0.03%
	VNT	F	0.03%
	TRMB	C	0.03%
	RPM	B	0.03%
	PHM	B	0.03%
	SCS	D	0.03%
	SON	D	0.03%
	SNX	D	0.03%
	RGA	B	0.03%
	DAL	C	0.03%
	FMC	C	0.03%
	KEYS	C	0.03%
	VLO	F	0.03%
	WTRG	D	0.03%
	LYB	F	0.03%
	FLEX	C	0.03%
	NI	B	0.03%
	SRE	B	0.03%
	TDY	C	0.03%
	EPD	B	0.03%
	BA	F	0.03%
	UNM	B	0.02%
	TME	F	0.02%
	R	B	0.02%
	SKT	A	0.02%
	SITC	D	0.02%
	PKG	B	0.02%
	RS	D	0.02%
	ROST	C	0.02%
	SAFE	C	0.02%
	AIZ	B	0.02%
	AVT	C	0.02%
	CINF	C	0.02%
	CHD	C	0.02%
	BKU	D	0.02%
	CE	F	0.02%
	AN	D	0.02%
	AMH	C	0.02%
	NVT	D	0.02%
	GPC	D	0.02%
	HR	C	0.02%
	GXO	D	0.02%
	EPRT	A	0.02%
	DHI	C	0.02%
	FTNT	B	0.02%
	FRT	C	0.02%
	WU	D	0.02%
	TKR	D	0.02%
	RYN	C	0.02%
	SF	A	0.02%
	NOV	D	0.02%
	NHI	C	0.02%
	MHK	C	0.02%
	DOV	B	0.02%
	DSS	F	0.02%
	AFG	B	0.02%
	WBS	D	0.02%
	VOYA	B	0.02%
	VNO	B	0.02%
	FSK	A	0.02%
	CTVA	B	0.02%
	EXR	B	0.02%
	DRI	B	0.02%
	OSK	D	0.02%
	LII	B	0.02%
	MCY	D	0.02%
	PDM	C	0.02%
	OC	D	0.02%
	LEG	D	0.02%
	LAZ	A	0.02%
	KIM	C	0.02%
	KRC	B	0.02%
	AVY	D	0.02%
	REG	C	0.02%
	PRE	F	0.02%
	MAS	B	0.02%
	LNC	D	0.02%
	MCO	A	0.02%
	NUE	F	0.02%
	INTU	C	0.02%
	JCI	B	0.02%
	H	C	0.02%
	BBY	C	0.02%
	ALLE	C	0.02%
	ALL	B	0.02%
	AVB	C	0.02%
	ATO	B	0.02%
	CBOE	C	0.02%
	WPC	C	0.02%
	PFG	B	0.02%
	SPGI	A	0.02%
	GL	C	0.02%
	EPR	B	0.02%
	EL	F	0.02%
	FNF	B	0.02%
	CP	C	0.02%
	XYL	D	0.02%
	CNP	D	0.02%
	CMS	B	0.02%
	BRO	C	0.02%
	BIDU	F	0.02%
	AES	C	0.02%
	PM	C	0.02%
	ESGR	D	0.02%
	IPG	C	0.02%
	STLD	D	0.02%
	CSX	D	0.02%
	UNP	C	0.02%
	SO	A	0.02%
	HES	D	0.02%
	JEF	B	0.02%
	STZ	D	0.02%
	NOC	A	0.02%
	MO	C	0.02%
	GBDC	C	0.01%
	SAVE	F	0.01%
	OCSL	F	0.01%
	GOOG	D	0.01%
	SNA	C	0.01%
	PNR	B	0.01%
	PSEC	C	0.01%
	NEU	D	0.01%
	OGS	B	0.01%
	APTV	D	0.01%
	KRG	C	0.01%
	WTFC	C	0.01%
	CBT	B	0.01%
	KMT	B	0.01%
	WLK	D	0.01%
	THG	C	0.01%
	WEC	B	0.01%
	CHH	C	0.01%
	ADC	C	0.01%
	KMPR	D	0.01%
	PNW	B	0.01%
	ROK	F	0.01%
	RNR	B	0.01%
	AAL	D	0.01%
	HUBB	A	0.01%
	HSY	D	0.01%
	LXP	C	0.01%
	NFG	B	0.01%
	MKL	C	0.01%
	OPI	F	0.01%
	NSC	C	0.01%
	HPP	F	0.01%
	CUBE	B	0.01%
	DVN	D	0.01%
	BKH	B	0.01%
	UDR	C	0.01%
	TXT	D	0.01%
	SWX	C	0.01%
	PSA	B	0.01%
	OGE	B	0.01%
	GP	D	0.01%
	HIW	B	0.01%
	FLO	C	0.01%
	AXS	B	0.01%
	PEG	A	0.01%
	REXR	C	0.01%
	XEL	B	0.01%
	EVRG	B	0.01%
	ETR	A	0.01%
	CNA	D	0.01%
	CLX	C	0.01%
	AAP	F	0.01%
	SUI	C	0.01%
	NNN	C	0.01%
	HII	D	0.01%
	EMR	D	0.01%
	EIX	C	0.01%
	ED	C	0.01%
	LNT	B	0.01%
	AEP	C	0.01%
	AEE	A	0.01%
	OHI	C	0.01%
	ESS	C	0.01%
	ES	C	0.01%
	AMCR	C	0.01%
	MAA	C	0.01%
	DTE	B	0.01%
	KR	C	0.01%
	GD	B	0.01%
	WHR	C	0.01%
	LHX	C	0.01%
	WY	C	0.01%
	OKE	B	0.01%
	KMI	A	0.01%
	ECL	A	0.01%
	D	B	0.01%
	CVX	D	0.01%
	DUK	B	0.01%
	WMB	B	0.01%
	EXC	B	0.01%
	HON	D	0.01%
	COP	D	0.01%
	XOM	D	0.01%
	NEE	C	0.01%
	WMT	B	0.01%
	UAL	C	0.01%
	WFC	D	0.01%
	RTX	C	0.01%
	PCG	B	0.01%

VCIT Underweight 16 Positions Relative to VCEB

	Symbol	Grade	Weight
	MCHP	D	-0.04%
	GWW	A	-0.04%
	STLA	F	-0.04%
	FTV	C	-0.03%
	EG	C	-0.03%
	AMP	B	-0.03%
	ALLY	D	-0.03%
	MCK	F	-0.02%
	AJG	D	-0.02%
	CF	C	-0.02%
	TRV	B	-0.02%
	GLW	B	-0.02%
	CSCO	B	-0.02%
	CM	A	-0.01%
	HPE	D	-0.01%
	RY	C	-0.01%

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 REIT - Office Semiconductors Specialty Chemicals Specialty Retail Business Services Credit Services Insurance - Life Packaged Foods 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

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