VCLT vs. JPST ETF Comparison

Comparison of Vanguard Long-Term Corporate Bond ETF (VCLT) to JPMorgan Ultra-Short Income ETF (JPST)

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

$76.77

Average Daily Volume

2,396,634

Number of Holdings ^*

339

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.52

Average Daily Volume

5,203,416

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	VCLT	JPST
30 Days	-1.09%	0.25%
60 Days	-5.46%	0.46%
90 Days	-3.85%	1.07%
12 Months	8.09%	5.96%

71 Overlapping Holdings

Symbol	Grade	Weight in VCLT	Weight in JPST	Overlap
AAPL	C	0.04%	0.12%	0.04%
ABBV	F	0.03%	0.04%	0.03%
ABT	B	0.03%	0.01%	0.01%
AEP	C	0.01%	0.05%	0.01%
AIG	B	0.01%	0.01%	0.01%
ATO	A	0.01%	0.3%	0.01%
AXP	A	0.06%	0.01%	0.01%
AZN	F	0.02%	0.57%	0.02%
BA	F	0.01%	0.18%	0.01%
BAC	A	0.02%	0.01%	0.01%
BHF	C	0.04%	0.04%	0.04%
BMY	B	0.03%	0.01%	0.01%
C	A	0.01%	0.01%	0.01%
CAG	F	0.05%	0.13%	0.05%
CAT	B	0.01%	0.01%	0.01%
CFG	B	0.03%	0.07%	0.03%
CHD	A	0.02%	0.03%	0.02%
CI	D	0.02%	0.08%	0.02%
CNP	A	0.01%	0.14%	0.01%
D	C	0.01%	0.17%	0.01%
DE	B	0.02%	0.01%	0.01%
DHR	F	0.02%	0.01%	0.01%
DIS	B	0.01%	0.02%	0.01%
DT	D	0.04%	0.08%	0.04%
DUK	C	0.01%	0.08%	0.01%
EPD	A	0.02%	0.01%	0.01%
EQH	C	0.09%	0.35%	0.09%
ES	C	0.02%	0.01%	0.01%
ETN	A	0.01%	0.02%	0.01%
ETR	B	0.01%	0.16%	0.01%
FITB	B	0.07%	0.1%	0.07%
GILD	C	0.02%	0.13%	0.02%
GM	C	0.01%	0.1%	0.01%
GS	A	0.01%	0.01%	0.01%
GSK	F	0.02%	0.02%	0.02%
HON	C	0.01%	0.02%	0.01%
HSBC	A	0.02%	0.07%	0.02%
HUM	C	0.01%	0.09%	0.01%
IBM	C	0.02%	0.01%	0.01%
ICE	C	0.02%	0.01%	0.01%
IFF	D	0.01%	0.08%	0.01%
KDP	F	0.01%	0.31%	0.01%
KR	B	0.01%	0.07%	0.01%
MCD	D	0.01%	0.29%	0.01%
MCO	B	0.02%	0.01%	0.01%
MDLZ	F	0.03%	0.04%	0.03%
MET	A	0.02%	0.01%	0.01%
MLM	C	0.03%	0.09%	0.03%
MMM	D	0.01%	0.01%	0.01%
MS	A	0.05%	0.05%	0.05%
MUFG	B	0.03%	0.01%	0.01%
NEE	C	0.01%	0.03%	0.01%
NEM	D	0.04%	0.08%	0.04%
OGS	A	0.02%	0.17%	0.02%
ORCL	A	0.04%	0.04%	0.04%
PFE	F	0.02%	0.01%	0.01%
PFG	D	0.01%	0.01%	0.01%
PM	B	0.02%	0.01%	0.01%
PSX	C	0.03%	0.01%	0.01%
SBUX	A	0.01%	0.06%	0.01%
SCHW	B	0.02%	0.01%	0.01%
SO	C	0.01%	0.11%	0.01%
T	A	0.01%	0.14%	0.01%
TMO	F	0.01%	0.74%	0.01%
UNH	B	0.01%	0.01%	0.01%
VTRS	A	0.03%	0.1%	0.03%
VZ	C	0.01%	0.16%	0.01%
WEC	A	0.01%	0.09%	0.01%
WFC	A	0.01%	0.11%	0.01%
WLK	D	0.01%	0.02%	0.01%
XOM	B	0.02%	0.06%	0.02%

VCLT Overweight 268 Positions Relative to JPST

Symbol	Grade	Weight
WIT	B	0.21%
DELL	B	0.11%
MDT	D	0.08%
WY	F	0.07%
FOXA	A	0.07%
DD	C	0.07%
CSCO	B	0.07%
COST	A	0.06%
HPQ	B	0.06%
HCA	F	0.06%
CARR	C	0.06%
SCCO	F	0.05%
BIIB	F	0.05%
TAP	C	0.05%
CRM	B	0.05%
AMZN	C	0.05%
L	A	0.04%
WBA	F	0.04%
LIN	C	0.04%
NXPI	D	0.04%
TJX	A	0.04%
GPN	B	0.04%
JNPR	D	0.04%
HPE	B	0.04%
GOOGL	C	0.04%
BHP	F	0.04%
AVGO	D	0.04%
ORI	A	0.03%
FTV	C	0.03%
FANG	C	0.03%
AAL	B	0.03%
STE	D	0.03%
WU	F	0.03%
WEST	C	0.03%
WM	B	0.03%
NOV	C	0.03%
OHI	C	0.03%
LH	B	0.03%
LEA	F	0.03%
DG	F	0.03%
CPT	B	0.03%
PKG	A	0.03%
PYPL	B	0.03%
RPM	A	0.03%
SPGI	C	0.03%
CME	B	0.03%
CF	A	0.03%
RPRX	D	0.03%
APD	A	0.03%
AMT	C	0.03%
AMAT	F	0.03%
EBAY	D	0.03%
DVN	F	0.03%
MAR	A	0.03%
ITW	B	0.03%
CB	C	0.03%
VLO	C	0.03%
RJF	A	0.03%
NVDA	B	0.03%
MPLX	A	0.03%
ALLY	C	0.03%
INTC	C	0.03%
TMUS	B	0.03%
CHTR	C	0.03%
WPC	C	0.02%
PWR	A	0.02%
PECO	A	0.02%
REGN	F	0.02%
ZBH	C	0.02%
STLD	B	0.02%
FE	C	0.02%
FMC	D	0.02%
BAX	F	0.02%
CMI	A	0.02%
CL	D	0.02%
CINF	A	0.02%
LHX	C	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%
VMI	B	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%
MKC	C	0.02%
NWE	B	0.02%
MSI	B	0.02%
K	A	0.02%
PAA	B	0.02%
LRCX	F	0.02%
GWW	B	0.02%
KLAC	F	0.02%
EMN	C	0.02%
ADI	D	0.02%
ROK	C	0.02%
PH	A	0.02%
SYK	B	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%
AFL	B	0.02%
CCI	C	0.02%
CP	F	0.02%
NI	A	0.02%
TXN	C	0.02%
SWK	D	0.02%
TGT	F	0.02%
HES	B	0.02%
CVX	A	0.02%
DOW	F	0.02%
UPS	C	0.02%
TSN	B	0.02%
ECL	D	0.02%
MPC	D	0.02%
HAL	C	0.02%
JNJ	C	0.02%
PEP	F	0.02%
MA	B	0.02%
WMT	A	0.02%
NOC	D	0.02%
QCOM	F	0.02%
COP	C	0.02%
RTX	D	0.02%
VOD	F	0.02%
V	A	0.02%
GE	D	0.02%
HIW	C	0.01%
FRT	B	0.01%
AGO	B	0.01%
AMH	C	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%
INGR	C	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%
EA	A	0.01%
DOC	C	0.01%
ADC	A	0.01%
BEN	C	0.01%
CACC	D	0.01%
FNF	B	0.01%
AES	F	0.01%
PHM	D	0.01%
PEG	A	0.01%
VTR	B	0.01%
OGE	A	0.01%
ESS	B	0.01%
MAS	D	0.01%
RF	A	0.01%
REG	A	0.01%
EE	A	0.01%
BKH	A	0.01%
SWX	B	0.01%
VOYA	B	0.01%
SNA	A	0.01%
DOV	A	0.01%
KRC	B	0.01%
EQIX	A	0.01%
KIM	A	0.01%
UDR	B	0.01%
TT	A	0.01%
UAL	A	0.01%
MKL	A	0.01%
HSY	F	0.01%
IPG	D	0.01%
KOF	F	0.01%
EOG	A	0.01%
CAH	B	0.01%
WELL	A	0.01%
WRB	A	0.01%
PNW	A	0.01%
PLD	F	0.01%
SJM	D	0.01%
RSG	A	0.01%
PG	C	0.01%
DTE	C	0.01%
HIG	B	0.01%
JEF	A	0.01%
HAS	D	0.01%
EVRG	A	0.01%
AWK	C	0.01%
AVB	B	0.01%
UNM	A	0.01%
EQR	C	0.01%
AEE	A	0.01%
AON	A	0.01%
ZTS	D	0.01%
SRE	A	0.01%
PGR	A	0.01%
VMC	B	0.01%
NNN	C	0.01%
NUE	C	0.01%
EXC	C	0.01%
CMS	C	0.01%
LNT	A	0.01%
OC	A	0.01%
ACGL	C	0.01%
XEL	A	0.01%
SPG	A	0.01%
PPL	A	0.01%
GLW	B	0.01%
JCI	B	0.01%
EL	F	0.01%
ALL	A	0.01%
TRV	B	0.01%
MMC	B	0.01%
LLY	F	0.01%
JBLU	F	0.01%
FDX	B	0.01%
CSX	C	0.01%
EIX	B	0.01%
ED	C	0.01%
KMB	C	0.01%
ADM	D	0.01%
ARE	F	0.01%
PRU	A	0.01%
IP	A	0.01%
GIS	D	0.01%
KMI	A	0.01%
GD	D	0.01%
WMB	A	0.01%
SHW	B	0.01%
LYB	F	0.01%
OKE	A	0.01%
MRO	B	0.01%
NSC	B	0.01%
LOW	C	0.01%
BSX	A	0.01%
LMT	D	0.01%
ET	A	0.01%
SYY	D	0.01%
NKE	F	0.01%
MO	A	0.01%
MRK	D	0.01%
UNP	C	0.01%
BABA	D	0.01%
BDX	F	0.01%
PCG	A	0.01%
KO	D	0.01%
JPM	A	0.01%
HD	B	0.01%
AMGN	F	0.01%
CMCSA	B	0.01%
MSFT	D	0.01%
CVS	D	0.01%

VCLT Underweight 40 Positions Relative to JPST

Symbol	Grade	Weight
CASH	B	-2.2%
CCEP	C	-0.3%
LDOS	C	-0.26%
BXMT	C	-0.25%
SNX	D	-0.23%
TDY	B	-0.22%
HART	D	-0.19%
DB	D	-0.13%
JBHT	C	-0.09%
STT	B	-0.08%
BX	A	-0.07%
BG	D	-0.06%
ACR	A	-0.06%
SEB	F	-0.06%
AL	B	-0.05%
KKR	A	-0.04%
COF	C	-0.04%
PL	B	-0.04%
ARES	A	-0.03%
R	B	-0.03%
ROP	B	-0.03%
BCC	B	-0.03%
BMO	A	-0.03%
MSC	D	-0.02%
AZO	C	-0.02%
AER	A	-0.02%
BNS	A	-0.02%
CSL	C	-0.01%
PNC	B	-0.01%
BK	A	-0.01%
HBAN	A	-0.01%
JXN	C	-0.01%
UBS	B	-0.01%
RY	A	-0.01%
TFC	A	-0.01%
KEY	B	-0.01%
NWG	A	-0.01%
TD	D	-0.01%
CM	A	-0.01%
USB	A	-0.01%