VCLT vs. FELV ETF Comparison

Comparison of Vanguard Long-Term Corporate Bond ETF (VCLT) to Fidelity Enhanced Large Cap Value ETF (FELV)

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

$76.81

Average Daily Volume

2,396,634

Number of Holdings ^*

339

* may have additional holdings in another (foreign) market

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.54

Average Daily Volume

105,833

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	VCLT	FELV
30 Days	-1.09%	3.13%
60 Days	-5.46%	5.35%
90 Days	-3.85%	6.57%
12 Months	8.09%	28.71%

156 Overlapping Holdings

Symbol	Grade	Weight in VCLT	Weight in FELV	Overlap
AAPL	C	0.04%	0.19%	0.04%
ABBV	F	0.03%	0.85%	0.03%
ABT	B	0.03%	0.54%	0.03%
ADI	D	0.02%	0.04%	0.02%
ADM	D	0.01%	0.1%	0.01%
AEP	C	0.01%	0.08%	0.01%
AES	F	0.01%	0.16%	0.01%
ALL	A	0.01%	0.19%	0.01%
AMAT	F	0.03%	0.42%	0.03%
AMGN	F	0.01%	0.15%	0.01%
AMH	C	0.01%	0.11%	0.01%
AMT	C	0.03%	0.14%	0.03%
AMZN	C	0.05%	0.08%	0.05%
AON	A	0.01%	0.59%	0.01%
AVGO	D	0.04%	0.12%	0.04%
AXP	A	0.06%	0.2%	0.06%
BAC	A	0.02%	1.77%	0.02%
BDX	F	0.01%	0.74%	0.01%
BIIB	F	0.05%	0.3%	0.05%
BKH	A	0.01%	0.04%	0.01%
BMY	B	0.03%	0.84%	0.03%
BSX	A	0.01%	0.19%	0.01%
C	A	0.01%	0.48%	0.01%
CAH	B	0.01%	0.3%	0.01%
CAT	B	0.01%	0.54%	0.01%
CCI	C	0.02%	0.57%	0.02%
CI	D	0.02%	0.6%	0.02%
CINF	A	0.02%	0.22%	0.02%
CL	D	0.02%	0.54%	0.02%
CMCSA	B	0.01%	1.13%	0.01%
CME	B	0.03%	0.57%	0.03%
CMI	A	0.02%	0.34%	0.02%
CNP	A	0.01%	0.15%	0.01%
COP	C	0.02%	0.56%	0.02%
CRM	B	0.05%	0.22%	0.05%
CSCO	B	0.07%	1.07%	0.07%
CSX	C	0.01%	0.34%	0.01%
CVS	D	0.01%	0.3%	0.01%
CVX	A	0.02%	0.53%	0.02%
DD	C	0.07%	0.48%	0.07%
DELL	B	0.11%	0.08%	0.08%
DHR	F	0.02%	0.17%	0.02%
DIS	B	0.01%	0.8%	0.01%
DOC	C	0.01%	0.22%	0.01%
DTE	C	0.01%	0.19%	0.01%
DUK	C	0.01%	0.28%	0.01%
DVN	F	0.03%	0.34%	0.03%
EA	A	0.01%	0.11%	0.01%
ECL	D	0.02%	0.5%	0.02%
ED	C	0.01%	0.22%	0.01%
EIX	B	0.01%	0.17%	0.01%
EOG	A	0.01%	0.53%	0.01%
EQIX	A	0.01%	0.2%	0.01%
EQR	C	0.01%	0.17%	0.01%
ES	C	0.02%	0.13%	0.02%
ETN	A	0.01%	0.76%	0.01%
EVRG	A	0.01%	0.35%	0.01%
EXC	C	0.01%	0.24%	0.01%
FANG	C	0.03%	0.09%	0.03%
FTV	C	0.03%	0.33%	0.03%
GD	D	0.01%	0.14%	0.01%
GE	D	0.02%	1.05%	0.02%
GILD	C	0.02%	0.92%	0.02%
GIS	D	0.01%	0.05%	0.01%
GLW	B	0.01%	0.01%	0.01%
GPN	B	0.04%	0.09%	0.04%
GS	A	0.01%	0.34%	0.01%
HAL	C	0.02%	0.13%	0.02%
HD	B	0.01%	0.45%	0.01%
HON	C	0.01%	0.08%	0.01%
HPE	B	0.04%	0.21%	0.04%
HUM	C	0.01%	0.14%	0.01%
IBM	C	0.02%	0.27%	0.02%
ICE	C	0.02%	0.18%	0.02%
IFF	D	0.01%	0.08%	0.01%
INGR	C	0.01%	0.04%	0.01%
INTC	C	0.03%	0.85%	0.03%
ITW	B	0.03%	0.12%	0.03%
JCI	B	0.01%	0.21%	0.01%
JNJ	C	0.02%	1.02%	0.02%
JPM	A	0.01%	2.93%	0.01%
KLAC	F	0.02%	0.03%	0.02%
KMB	C	0.01%	0.14%	0.01%
KMI	A	0.01%	0.24%	0.01%
KR	B	0.01%	0.31%	0.01%
L	A	0.04%	0.35%	0.04%
LH	B	0.03%	0.08%	0.03%
LHX	C	0.02%	0.45%	0.02%
LIN	C	0.04%	0.46%	0.04%
LMT	D	0.01%	0.64%	0.01%
LOW	C	0.01%	0.07%	0.01%
MA	B	0.02%	0.28%	0.02%
MCD	D	0.01%	0.28%	0.01%
MDLZ	F	0.03%	0.06%	0.03%
MDT	D	0.08%	0.4%	0.08%
MKC	C	0.02%	0.08%	0.02%
MKL	A	0.01%	0.17%	0.01%
MMC	B	0.01%	0.38%	0.01%
MMM	D	0.01%	0.6%	0.01%
MO	A	0.01%	0.28%	0.01%
MS	A	0.05%	0.54%	0.05%
MSI	B	0.02%	0.2%	0.02%
NEE	C	0.01%	0.81%	0.01%
NEM	D	0.04%	0.05%	0.04%
NOC	D	0.02%	0.63%	0.02%
NSC	B	0.01%	0.57%	0.01%
NUE	C	0.01%	0.34%	0.01%
NVDA	B	0.03%	0.17%	0.03%
OC	A	0.01%	0.22%	0.01%
OGE	A	0.01%	0.06%	0.01%
PCG	A	0.01%	0.39%	0.01%
PEG	A	0.01%	0.1%	0.01%
PFE	F	0.02%	0.85%	0.02%
PFG	D	0.01%	0.16%	0.01%
PG	C	0.01%	1.24%	0.01%
PGR	A	0.01%	0.35%	0.01%
PH	A	0.02%	0.12%	0.02%
PHM	D	0.01%	0.01%	0.01%
PKG	A	0.03%	0.13%	0.03%
PM	B	0.02%	1.31%	0.02%
PRU	A	0.01%	0.17%	0.01%
PYPL	B	0.03%	0.79%	0.03%
QCOM	F	0.02%	0.5%	0.02%
REG	A	0.01%	0.07%	0.01%
RJF	A	0.03%	0.03%	0.03%
RSG	A	0.01%	0.66%	0.01%
RTX	D	0.02%	0.7%	0.02%
SCHW	B	0.02%	0.88%	0.02%
SO	C	0.01%	0.12%	0.01%
SPG	A	0.01%	0.18%	0.01%
SPGI	C	0.03%	0.63%	0.03%
STLD	B	0.02%	0.33%	0.02%
SYK	B	0.02%	0.26%	0.02%
T	A	0.01%	1.02%	0.01%
TAP	C	0.05%	0.16%	0.05%
TGT	F	0.02%	0.01%	0.01%
TJX	A	0.04%	0.28%	0.04%
TMO	F	0.01%	0.73%	0.01%
TMUS	B	0.03%	0.56%	0.03%
TRV	B	0.01%	0.28%	0.01%
TT	A	0.01%	0.52%	0.01%
TXN	C	0.02%	0.16%	0.02%
UAL	A	0.01%	0.03%	0.01%
UNH	B	0.01%	1.57%	0.01%
UNM	A	0.01%	0.38%	0.01%
UNP	C	0.01%	0.75%	0.01%
UPS	C	0.02%	0.06%	0.02%
VMC	B	0.01%	0.28%	0.01%
VMI	B	0.02%	0.2%	0.02%
VZ	C	0.01%	0.68%	0.01%
WFC	A	0.01%	1.22%	0.01%
WM	B	0.03%	0.25%	0.03%
WMB	A	0.01%	0.12%	0.01%
WMT	A	0.02%	1.76%	0.02%
XEL	A	0.01%	0.25%	0.01%
XOM	B	0.02%	2.51%	0.02%

VCLT Overweight 183 Positions Relative to FELV

Symbol	Grade	Weight
WIT	B	0.21%
EQH	C	0.09%
FITB	B	0.07%
WY	F	0.07%
FOXA	A	0.07%
COST	A	0.06%
HPQ	B	0.06%
HCA	F	0.06%
CARR	C	0.06%
CAG	F	0.05%
SCCO	F	0.05%
WBA	F	0.04%
NXPI	D	0.04%
DT	D	0.04%
BHF	C	0.04%
JNPR	D	0.04%
GOOGL	C	0.04%
BHP	F	0.04%
ORCL	A	0.04%
ORI	A	0.03%
CFG	B	0.03%
AAL	B	0.03%
STE	D	0.03%
WU	F	0.03%
WEST	C	0.03%
NOV	C	0.03%
MLM	C	0.03%
OHI	C	0.03%
LEA	F	0.03%
DG	F	0.03%
CPT	B	0.03%
RPM	A	0.03%
CF	A	0.03%
RPRX	D	0.03%
APD	A	0.03%
EBAY	D	0.03%
MAR	A	0.03%
CB	C	0.03%
VLO	C	0.03%
MUFG	B	0.03%
VTRS	A	0.03%
PSX	C	0.03%
MPLX	A	0.03%
ALLY	C	0.03%
CHTR	C	0.03%
WPC	C	0.02%
PWR	A	0.02%
PECO	A	0.02%
REGN	F	0.02%
CHD	A	0.02%
ZBH	C	0.02%
FE	C	0.02%
FMC	D	0.02%
BAX	F	0.02%
OGS	A	0.02%
O	C	0.02%
IVZ	B	0.02%
HRL	D	0.02%
HOG	D	0.02%
SBRA	C	0.02%
TEL	B	0.02%
AFG	A	0.02%
CPB	D	0.02%
XYL	D	0.02%
WTRG	B	0.02%
WHR	B	0.02%
AJG	A	0.02%
AVY	F	0.02%
KSS	F	0.02%
NWE	B	0.02%
K	A	0.02%
PAA	B	0.02%
LRCX	F	0.02%
GWW	B	0.02%
EMN	C	0.02%
ROK	C	0.02%
MOS	F	0.02%
NDAQ	A	0.02%
LNC	C	0.02%
FIS	C	0.02%
VRSK	A	0.02%
EG	C	0.02%
STZ	D	0.02%
OTIS	C	0.02%
MCO	B	0.02%
AFL	B	0.02%
CP	F	0.02%
NI	A	0.02%
SWK	D	0.02%
DE	B	0.02%
HES	B	0.02%
DOW	F	0.02%
TSN	B	0.02%
MPC	D	0.02%
EPD	A	0.02%
PEP	F	0.02%
MET	A	0.02%
AZN	F	0.02%
HSBC	A	0.02%
VOD	F	0.02%
GSK	F	0.02%
V	A	0.02%
HIW	C	0.01%
FRT	B	0.01%
AGO	B	0.01%
EXR	C	0.01%
BXP	C	0.01%
BWA	D	0.01%
AVA	A	0.01%
APTV	F	0.01%
DRI	B	0.01%
ALB	B	0.01%
IDA	A	0.01%
EMR	B	0.01%
MAA	B	0.01%
LXP	D	0.01%
OPI	F	0.01%
JD	D	0.01%
SIGI	C	0.01%
ADC	A	0.01%
BEN	C	0.01%
CACC	D	0.01%
FNF	B	0.01%
VTR	B	0.01%
ESS	B	0.01%
MAS	D	0.01%
RF	A	0.01%
EE	A	0.01%
SWX	B	0.01%
VOYA	B	0.01%
SNA	A	0.01%
DOV	A	0.01%
KRC	B	0.01%
KIM	A	0.01%
UDR	B	0.01%
HSY	F	0.01%
IPG	D	0.01%
KOF	F	0.01%
WELL	A	0.01%
WRB	A	0.01%
PNW	A	0.01%
PLD	F	0.01%
SJM	D	0.01%
HIG	B	0.01%
JEF	A	0.01%
HAS	D	0.01%
AWK	C	0.01%
AVB	B	0.01%
WEC	A	0.01%
ATO	A	0.01%
AEE	A	0.01%
ZTS	D	0.01%
SRE	A	0.01%
NNN	C	0.01%
KDP	F	0.01%
CMS	C	0.01%
LNT	A	0.01%
ACGL	C	0.01%
WLK	D	0.01%
PPL	A	0.01%
EL	F	0.01%
LLY	F	0.01%
JBLU	F	0.01%
FDX	B	0.01%
D	C	0.01%
ETR	B	0.01%
ARE	F	0.01%
SBUX	A	0.01%
IP	A	0.01%
SHW	B	0.01%
LYB	F	0.01%
OKE	A	0.01%
MRO	B	0.01%
GM	C	0.01%
AIG	B	0.01%
ET	A	0.01%
SYY	D	0.01%
NKE	F	0.01%
MRK	D	0.01%
BABA	D	0.01%
KO	D	0.01%
BA	F	0.01%
MSFT	D	0.01%

VCLT Underweight 176 Positions Relative to FELV

Symbol	Grade	Weight
BRK.A	B	-3.64%
MU	D	-0.86%
SQ	A	-0.7%
PNC	B	-0.7%
BK	A	-0.63%
CVNA	B	-0.62%
SEIC	B	-0.58%
PPG	F	-0.57%
ALLE	C	-0.54%
TXT	D	-0.53%
ZM	C	-0.52%
PSA	C	-0.52%
SSNC	B	-0.5%
LDOS	C	-0.47%
COF	C	-0.47%
CACI	D	-0.46%
WAB	B	-0.45%
CTAS	B	-0.43%
DBX	B	-0.42%
PCAR	B	-0.39%
ADBE	C	-0.37%
BLK	B	-0.37%
IGT	F	-0.36%
EXEL	B	-0.35%
TPH	D	-0.35%
BRX	A	-0.35%
ACN	B	-0.34%
LPX	B	-0.33%
F	C	-0.33%
ZBRA	B	-0.32%
TWLO	A	-0.3%
FR	D	-0.28%
VEEV	C	-0.28%
TOL	B	-0.28%
GL	C	-0.28%
GEV	B	-0.28%
ANF	F	-0.28%
TDC	D	-0.27%
AME	A	-0.26%
WTW	B	-0.26%
VICI	C	-0.25%
CLX	A	-0.25%
GAP	C	-0.25%
SEE	C	-0.25%
FLS	B	-0.25%
TFC	A	-0.24%
CNC	D	-0.23%
Z	A	-0.22%
DOCU	B	-0.22%
INCY	C	-0.22%
SKYW	C	-0.21%
MGM	D	-0.21%
META	D	-0.21%
PNR	A	-0.19%
NFLX	A	-0.19%
USFD	A	-0.19%
FTI	A	-0.19%
MSCI	C	-0.19%
KEY	B	-0.18%
ITT	A	-0.18%
TMHC	C	-0.18%
ZG	A	-0.18%
IQV	F	-0.17%
LNW	F	-0.17%
ACA	A	-0.17%
CEG	C	-0.17%
GEHC	D	-0.16%
QGEN	D	-0.16%
MEDP	D	-0.16%
CCK	D	-0.16%
BBY	D	-0.15%
STT	B	-0.15%
ILMN	C	-0.15%
JXN	C	-0.15%
RCL	A	-0.15%
OXY	D	-0.15%
WDC	D	-0.14%
WDAY	B	-0.13%
SWKS	F	-0.13%
CCL	A	-0.13%
TROW	B	-0.13%
SOLV	D	-0.12%
NTAP	C	-0.12%
EEFT	B	-0.12%
HWM	A	-0.12%
KHC	F	-0.12%
UHS	D	-0.12%
BLD	D	-0.11%
AIZ	A	-0.11%
QRVO	F	-0.11%
ENS	F	-0.11%
ROST	D	-0.11%
BCC	B	-0.11%
GRMN	B	-0.11%
ELV	F	-0.11%
BMRN	F	-0.11%
TPR	B	-0.1%
ADTN	A	-0.1%
BKR	A	-0.1%
CRC	A	-0.1%
ADP	A	-0.1%
MHO	D	-0.1%
A	D	-0.09%
TRGP	A	-0.09%
CNO	B	-0.09%
MTDR	B	-0.09%
WBD	B	-0.09%
KD	B	-0.09%
ACT	C	-0.09%
MCK	A	-0.09%
VRTX	D	-0.09%
CRUS	D	-0.09%
TENB	C	-0.08%
DASH	B	-0.08%
BBWI	C	-0.08%
ALRM	C	-0.08%
VST	A	-0.07%
CMG	B	-0.07%
BYD	B	-0.07%
LYFT	C	-0.07%
WCC	B	-0.07%
NWL	C	-0.06%
NWSA	A	-0.06%
EW	C	-0.06%
LEG	F	-0.06%
ARW	D	-0.06%
VSTS	C	-0.06%
NMRK	C	-0.06%
DFS	B	-0.05%
TRMB	B	-0.05%
SAM	C	-0.05%
CTRA	B	-0.05%
FHI	B	-0.05%
GLPI	C	-0.05%
CW	C	-0.05%
PLTK	B	-0.05%
AM	A	-0.04%
VLTO	C	-0.04%
VAC	C	-0.04%
CSGP	D	-0.04%
HL	D	-0.04%
CWEN	C	-0.04%
CTRE	C	-0.04%
AXTA	B	-0.03%
MSA	F	-0.03%
SYF	B	-0.03%
TFX	F	-0.03%
RGA	A	-0.03%
EXTR	C	-0.03%
WS	C	-0.03%
ALKS	C	-0.03%
DHI	F	-0.03%
NWS	A	-0.03%
MATX	C	-0.03%
AMD	F	-0.02%
CWEN	C	-0.02%
AYI	B	-0.02%
SWI	C	-0.02%
OKTA	C	-0.02%
OGN	F	-0.02%
BERY	C	-0.02%
ITRI	C	-0.02%
BIO	C	-0.02%
WOOF	D	-0.02%
MWA	B	-0.01%
TNL	A	-0.01%
FTDR	B	-0.01%
MUR	D	-0.01%
CXT	C	-0.01%
BLDR	D	-0.01%
ROP	B	-0.01%
DGX	A	-0.01%
ANSS	B	-0.01%
AXS	A	-0.01%
SON	F	-0.01%
M	F	-0.01%