VCLT vs. GIGB ETF Comparison

Comparison of Vanguard Long-Term Corporate Bond ETF (VCLT) to Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB)

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

$81.48

Average Daily Volume

2,395,360

Number of Holdings ^*

339

* may have additional holdings in another (foreign) market

GIGB

Goldman Sachs Access Investment Grade Corporate Bond ETF

GIGB Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs Investment Grade Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade, corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$47.42

Average Daily Volume

61,831

Number of Holdings ^*

184

* may have additional holdings in another (foreign) market

Performance

Period	VCLT	GIGB
30 Days	1.43%	1.29%
60 Days	7.47%	4.87%
90 Days	6.69%	5.31%
12 Months	16.30%	12.14%

152 Overlapping Holdings

	Symbol	Grade	Weight in VCLT	Weight in GIGB	Overlap
	AAPL	C	0.04%	0.01%	0.01%
	ABBV	C	0.03%	0.04%	0.03%
	ABT	C	0.03%	0.02%	0.02%
	ADM	D	0.01%	0.01%	0.01%
	AIG	D	0.01%	0.01%	0.01%
	ALLY	D	0.03%	0.04%	0.03%
	AMAT	D	0.03%	0.02%	0.02%
	AMT	C	0.03%	0.01%	0.01%
	AMZN	C	0.05%	0.01%	0.01%
	ARE	C	0.01%	0.03%	0.01%
	AVGO	C	0.04%	0.01%	0.01%
	AXP	B	0.06%	0.03%	0.03%
	AZN	D	0.02%	0.01%	0.01%
	BA	F	0.01%	0.01%	0.01%
	BABA	B	0.01%	0.03%	0.01%
	BAC	D	0.02%	0.01%	0.01%
	BDX	D	0.01%	0.03%	0.01%
	BHP	D	0.04%	0.02%	0.02%
	BSX	B	0.01%	0.01%	0.01%
	C	D	0.01%	0.03%	0.01%
	CAG	B	0.05%	0.05%	0.05%
	CARR	A	0.06%	0.03%	0.03%
	CAT	B	0.01%	0.01%	0.01%
	CB	A	0.03%	0.16%	0.03%
	CCI	C	0.02%	0.01%	0.01%
	CF	B	0.03%	0.05%	0.03%
	CHTR	D	0.03%	0.01%	0.01%
	CI	C	0.02%	0.01%	0.01%
	CMCSA	C	0.01%	0.01%	0.01%
	COP	D	0.02%	0.02%	0.02%
	COST	B	0.06%	0.03%	0.03%
	CRM	D	0.05%	0.03%	0.03%
	CSCO	B	0.07%	0.07%	0.07%
	CSX	D	0.01%	0.01%	0.01%
	CVS	F	0.01%	0.01%	0.01%
	CVX	D	0.02%	0.01%	0.01%
	DD	B	0.07%	0.05%	0.05%
	DE	B	0.02%	0.03%	0.02%
	DELL	C	0.11%	0.08%	0.08%
	DHR	C	0.02%	0.12%	0.02%
	DIS	D	0.01%	0.01%	0.01%
	DOW	D	0.02%	0.03%	0.02%
	DUK	B	0.01%	0.01%	0.01%
	DVN	D	0.03%	0.02%	0.02%
	EBAY	B	0.03%	0.01%	0.01%
	ED	B	0.01%	0.02%	0.01%
	EIX	B	0.01%	0.03%	0.01%
	EOG	D	0.01%	0.06%	0.01%
	EPD	B	0.02%	0.02%	0.02%
	ET	B	0.01%	0.01%	0.01%
	ETN	C	0.01%	0.02%	0.01%
	EXC	B	0.01%	0.01%	0.01%
	FANG	D	0.03%	0.01%	0.01%
	FDX	F	0.01%	0.01%	0.01%
	FIS	B	0.02%	0.03%	0.02%
	FITB	B	0.07%	0.04%	0.04%
	FOXA	B	0.07%	0.05%	0.05%
	GD	B	0.01%	0.01%	0.01%
	GE	B	0.02%	0.04%	0.02%
	GILD	B	0.02%	0.05%	0.02%
	GIS	C	0.01%	0.03%	0.01%
	GM	C	0.01%	0.01%	0.01%
	GOOGL	D	0.04%	0.04%	0.04%
	GPN	D	0.04%	0.09%	0.04%
	HAL	F	0.02%	0.03%	0.02%
	HCA	B	0.06%	0.05%	0.05%
	HES	D	0.02%	0.03%	0.02%
	HON	D	0.01%	0.01%	0.01%
	HPE	D	0.04%	0.04%	0.04%
	HPQ	D	0.06%	0.04%	0.04%
	HRL	F	0.02%	0.04%	0.02%
	HSBC	A	0.02%	0.02%	0.02%
	IBM	A	0.02%	0.01%	0.01%
	ICE	C	0.02%	0.01%	0.01%
	INTC	F	0.03%	0.01%	0.01%
	ITW	C	0.03%	0.04%	0.03%
	JEF	B	0.01%	0.03%	0.01%
	JNJ	C	0.02%	0.01%	0.01%
	JPM	D	0.01%	0.01%	0.01%
	KDP	A	0.01%	0.01%	0.01%
	KLAC	D	0.02%	0.04%	0.02%
	KMI	A	0.01%	0.01%	0.01%
	KO	B	0.01%	0.01%	0.01%
	KOF	D	0.01%	0.09%	0.01%
	LLY	C	0.01%	0.01%	0.01%
	LMT	A	0.01%	0.01%	0.01%
	LRCX	F	0.02%	0.04%	0.02%
	LYB	F	0.01%	0.03%	0.01%
	MA	B	0.02%	0.02%	0.02%
	MAR	C	0.03%	0.03%	0.03%
	MCD	A	0.01%	0.01%	0.01%
	MDT	B	0.08%	0.05%	0.05%
	MET	A	0.02%	0.03%	0.02%
	MMC	C	0.01%	0.01%	0.01%
	MMM	A	0.01%	0.01%	0.01%
	MO	C	0.01%	0.01%	0.01%
	MPC	D	0.02%	0.02%	0.02%
	MPLX	A	0.03%	0.02%	0.02%
	MS	C	0.05%	0.01%	0.01%
	MSFT	C	0.01%	0.01%	0.01%
	MUFG	D	0.03%	0.01%	0.01%
	NEM	B	0.04%	0.05%	0.04%
	NI	B	0.02%	0.01%	0.01%
	NKE	D	0.01%	0.02%	0.01%
	NOC	A	0.02%	0.04%	0.02%
	NVDA	D	0.03%	0.05%	0.03%
	NXPI	D	0.04%	0.02%	0.02%
	OKE	A	0.01%	0.02%	0.01%
	ORCL	C	0.04%	0.01%	0.01%
	OTIS	C	0.02%	0.07%	0.02%
	PAA	C	0.02%	0.03%	0.02%
	PCG	B	0.01%	0.03%	0.01%
	PEP	D	0.02%	0.01%	0.01%
	PFE	C	0.02%	0.01%	0.01%
	PM	C	0.02%	0.01%	0.01%
	PRU	C	0.01%	0.01%	0.01%
	PSX	D	0.03%	0.03%	0.03%
	QCOM	F	0.02%	0.02%	0.02%
	REGN	D	0.02%	0.06%	0.02%
	RPRX	D	0.03%	0.03%	0.03%
	RSG	C	0.01%	0.06%	0.01%
	RTX	B	0.02%	0.01%	0.01%
	SBUX	C	0.01%	0.01%	0.01%
	SCCO	D	0.05%	0.05%	0.05%
	SHW	A	0.01%	0.07%	0.01%
	SO	A	0.01%	0.03%	0.01%
	SPG	A	0.01%	0.01%	0.01%
	SWK	B	0.02%	0.04%	0.02%
	SYY	C	0.01%	0.06%	0.01%
	T	C	0.01%	0.01%	0.01%
	TAP	D	0.05%	0.02%	0.02%
	TGT	C	0.02%	0.04%	0.02%
	TMO	C	0.01%	0.05%	0.01%
	TMUS	B	0.03%	0.06%	0.03%
	TSN	D	0.02%	0.02%	0.02%
	TXN	C	0.02%	0.04%	0.02%
	UNP	D	0.01%	0.05%	0.01%
	UPS	D	0.02%	0.01%	0.01%
	V	B	0.02%	0.01%	0.01%
	VLO	F	0.03%	0.04%	0.03%
	VOD	B	0.02%	0.01%	0.01%
	VTRS	D	0.03%	0.04%	0.03%
	VZ	B	0.01%	0.01%	0.01%
	WBA	F	0.04%	0.06%	0.04%
	WELL	B	0.01%	0.01%	0.01%
	WFC	D	0.01%	0.01%	0.01%
	WMB	A	0.01%	0.01%	0.01%
	WMT	B	0.02%	0.02%	0.02%
	WY	C	0.07%	0.03%	0.03%
	XOM	C	0.02%	0.01%	0.01%
	ZBH	D	0.02%	0.02%	0.02%
	ZTS	B	0.01%	0.03%	0.01%

VCLT Overweight 187 Positions Relative to GIGB

	Symbol	Grade	Weight
	WIT	C	0.21%
	EQH	C	0.09%
	BIIB	F	0.05%
	L	D	0.04%
	LIN	A	0.04%
	DT	C	0.04%
	BHF	D	0.04%
	TJX	C	0.04%
	JNPR	B	0.04%
	ORI	B	0.03%
	FTV	D	0.03%
	CFG	C	0.03%
	AAL	D	0.03%
	STE	C	0.03%
	WU	D	0.03%
	WRK	C	0.03%
	WM	D	0.03%
	NOV	D	0.03%
	MLM	D	0.03%
	OHI	B	0.03%
	LH	C	0.03%
	LEA	D	0.03%
	DG	F	0.03%
	CPT	A	0.03%
	PKG	B	0.03%
	PYPL	B	0.03%
	RPM	B	0.03%
	SPGI	B	0.03%
	CME	C	0.03%
	APD	B	0.03%
	MDLZ	C	0.03%
	RJF	C	0.03%
	BMY	C	0.03%
	WPC	B	0.02%
	PWR	B	0.02%
	PECO	B	0.02%
	SCHW	D	0.02%
	CHD	C	0.02%
	STLD	D	0.02%
	FE	B	0.02%
	FMC	C	0.02%
	BAX	C	0.02%
	CMI	B	0.02%
	CL	C	0.02%
	CINF	B	0.02%
	OGS	A	0.02%
	LHX	B	0.02%
	O	B	0.02%
	IVZ	B	0.02%
	HOG	C	0.02%
	SBRA	B	0.02%
	TEL	D	0.02%
	AFG	B	0.02%
	CPB	C	0.02%
	VMI	D	0.02%
	XYL	D	0.02%
	WTRG	D	0.02%
	WHR	C	0.02%
	AJG	D	0.02%
	AVY	C	0.02%
	KSS	F	0.02%
	MKC	C	0.02%
	NWE	A	0.02%
	MSI	A	0.02%
	K	A	0.02%
	GWW	A	0.02%
	EMN	B	0.02%
	ADI	C	0.02%
	ROK	F	0.02%
	PH	B	0.02%
	SYK	B	0.02%
	MOS	F	0.02%
	NDAQ	B	0.02%
	LNC	D	0.02%
	VRSK	D	0.02%
	EG	C	0.02%
	ES	C	0.02%
	STZ	C	0.02%
	MCO	C	0.02%
	AFL	B	0.02%
	CP	C	0.02%
	ECL	A	0.02%
	GSK	D	0.02%
	HIW	B	0.01%
	FRT	C	0.01%
	AGO	C	0.01%
	AMH	C	0.01%
	EXR	B	0.01%
	BXP	B	0.01%
	BWA	D	0.01%
	AVA	B	0.01%
	APTV	D	0.01%
	DRI	B	0.01%
	ALB	D	0.01%
	INGR	B	0.01%
	IDA	B	0.01%
	EMR	D	0.01%
	MAA	C	0.01%
	LXP	B	0.01%
	OPI	F	0.01%
	JD	C	0.01%
	SIGI	D	0.01%
	EA	D	0.01%
	DOC	B	0.01%
	ADC	C	0.01%
	BEN	F	0.01%
	CACC	D	0.01%
	FNF	B	0.01%
	AES	C	0.01%
	PHM	B	0.01%
	PFG	B	0.01%
	PEG	B	0.01%
	VTR	C	0.01%
	OGE	B	0.01%
	ESS	C	0.01%
	MAS	B	0.01%
	RF	B	0.01%
	REG	C	0.01%
	EE	A	0.01%
	BKH	B	0.01%
	SWX	C	0.01%
	VOYA	B	0.01%
	SNA	B	0.01%
	DOV	B	0.01%
	KRC	C	0.01%
	EQIX	B	0.01%
	KIM	B	0.01%
	UDR	B	0.01%
	TT	B	0.01%
	UAL	C	0.01%
	MKL	C	0.01%
	HSY	D	0.01%
	IPG	C	0.01%
	CAH	C	0.01%
	WRB	C	0.01%
	PNW	B	0.01%
	PLD	C	0.01%
	SJM	C	0.01%
	PG	C	0.01%
	DTE	A	0.01%
	HIG	B	0.01%
	IFF	B	0.01%
	HAS	B	0.01%
	EVRG	A	0.01%
	AWK	C	0.01%
	AVB	B	0.01%
	UNM	A	0.01%
	WEC	B	0.01%
	EQR	B	0.01%
	ATO	B	0.01%
	AEP	C	0.01%
	AEE	B	0.01%
	AON	B	0.01%
	SRE	A	0.01%
	PGR	B	0.01%
	VMC	D	0.01%
	NNN	B	0.01%
	NEE	B	0.01%
	NUE	F	0.01%
	HUM	F	0.01%
	CNP	C	0.01%
	CMS	B	0.01%
	LNT	B	0.01%
	OC	C	0.01%
	ACGL	B	0.01%
	XEL	B	0.01%
	WLK	D	0.01%
	PPL	A	0.01%
	GLW	B	0.01%
	JCI	B	0.01%
	EL	F	0.01%
	ALL	B	0.01%
	TRV	B	0.01%
	JBLU	D	0.01%
	KR	B	0.01%
	D	B	0.01%
	KMB	D	0.01%
	ETR	A	0.01%
	IP	C	0.01%
	MRO	D	0.01%
	NSC	C	0.01%
	LOW	A	0.01%
	MRK	F	0.01%
	UNH	D	0.01%
	HD	A	0.01%
	AMGN	B	0.01%
	GS	C	0.01%

VCLT Underweight 32 Positions Relative to GIGB

	Symbol	Grade	Weight
	WDC	C	-0.14%
	TD	B	-0.11%
	WAB	B	-0.1%
	GLPI	B	-0.1%
	DFS	C	-0.09%
	AER	B	-0.07%
	SLB	F	-0.07%
	KEY	B	-0.07%
	CM	B	-0.06%
	OMC	B	-0.05%
	KHC	D	-0.05%
	HBAN	B	-0.05%
	DLTR	F	-0.04%
	BNS	B	-0.04%
	TFC	D	-0.04%
	RY	B	-0.04%
	LUV	C	-0.03%
	SYF	C	-0.03%
	EXPE	C	-0.02%
	ADBE	F	-0.02%
	DB	B	-0.02%
	BERY	B	-0.01%
	BK	B	-0.01%
	COF	B	-0.01%
	STT	A	-0.01%
	EQNR	D	-0.01%
	USB	B	-0.01%
	MU	F	-0.01%
	PNC	B	-0.01%
	NWG	C	-0.01%
	ARCC	B	-0.01%
	BMO	C	-0.01%

VCLT: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Drug Manufacturers - Major Insurance - Property & Casualty Utilities - Diversified Diversified Industrials Packaged Foods REIT - Retail Specialty Chemicals Insurance - Life Oil & Gas Midstream REIT - Residential Semiconductors Banks - Global Capital Markets Credit Services Oil & Gas E&P Aerospace & Defense Communication Equipment Household & Personal Products Insurance - Diversified

Keywords: S&P 500 Natural Gas Nasdaq 100 Electricity Insurance Dow Jones Component Real Estate Investment Trust Insurance Products Chemical Bank Computing Electronics Petroleum Industry Crude Oil Disability Medicine Financial Products Mining Natural Gas Storage Plastic

GIGB: Top Represented Industries & Keywords

Industries: Banks - Global Oil & Gas Midstream Banks - Regional - US Credit Services Drug Manufacturers - Major Semiconductors Aerospace & Defense Oil & Gas E&P Telecom Services Utilities - Regulated Electric Beverages - Soft Drinks Discount Stores Medical Devices Packaged Foods Asset Management Diversified Industrials Oil & Gas Integrated Oil & Gas Refining & Marketing Railroads Semiconductor Equipment & Materials

Keywords: S&P 500 Nasdaq 100 Bank Dow Jones Component Banking Natural Gas Cash Management Computing Financial Products Investment Bank Commercial Banking Petroleum Industry Crude Oil Insurance Asset Management Services Insurance Products Investment Banking Natural Gas Liquids Electricity Investment Management