VCSH vs. FLCH ETF Comparison

Comparison of Vanguard Short-Term Corporate Bond ETF (VCSH) to Franklin FTSE China ETF (FLCH)

VCSH

Vanguard Short-Term Corporate Bond ETF

VCSH Description

The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 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 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$77.69

Average Daily Volume

2,339,995

Number of Holdings ^*

445

* may have additional holdings in another (foreign) market

FLCH

Franklin FTSE China ETF

FLCH Description

The investment seeks to provide investment results that closely correspond the FTSE China RIC Capped Index (the FTSE China Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the FTSE China Index and is designed to measure the performance of Chinese large- and mid-capitalization stocks, as represented by H-Shares and B-Shares. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$17.12

Average Daily Volume

45,748

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VCSH	FLCH
30 Days	1.19%	0.51%
60 Days	1.73%	-3.10%
90 Days	2.38%	10.43%
12 Months	6.40%	-3.24%

4 Overlapping Holdings

Symbol	Grade	Weight in VCSH	Weight in FLCH	Overlap
BABA	C	0.02%	7.55%	0.02%
BIDU	D	0.01%	1.17%	0.01%
TME	B	0.01%	0.43%	0.01%
WB	F	0.04%	0.03%	0.03%

VCSH Overweight 441 Positions Relative to FLCH

Symbol	Grade	Weight
V	F	0.13%
TAP	F	0.1%
CARR	B	0.09%
MDT	D	0.08%
BIIB	C	0.08%
DD	B	0.08%
STLA	F	0.07%
OTIS	B	0.07%
ETN	C	0.07%
CHTR	D	0.07%
KO	B	0.06%
COST	C	0.06%
KLAC	B	0.06%
OMC	C	0.06%
WBA	F	0.06%
AIG	C	0.06%
HCA	D	0.06%
VZ	B	0.06%
VRSK	B	0.05%
ADP	F	0.05%
ADM	C	0.05%
CRM	F	0.05%
DLTR	F	0.05%
BLK	B	0.05%
NI	A	0.05%
HPQ	C	0.05%
TGT	C	0.05%
LMT	D	0.05%
NOC	F	0.05%
ORCL	B	0.05%
NTRS	B	0.04%
ITW	D	0.04%
FTV	D	0.04%
VFC	D	0.04%
TJX	A	0.04%
WLK	D	0.04%
RF	A	0.04%
MA	D	0.04%
ARCC	A	0.04%
ZTS	C	0.04%
FOXA	A	0.04%
RPRX	D	0.04%
QCOM	C	0.04%
GSK	D	0.04%
MRK	C	0.04%
AZN	D	0.04%
GOOGL	C	0.04%
GILD	C	0.04%
AMZN	C	0.04%
TMUS	B	0.04%
MSFT	C	0.04%
JNPR	B	0.03%
JBHT	D	0.03%
DLR	B	0.03%
MSI	B	0.03%
EMN	D	0.03%
AMAT	C	0.03%
FDX	B	0.03%
EL	F	0.03%
WAB	D	0.03%
SWKS	B	0.03%
APTV	F	0.03%
CME	D	0.03%
AGR	D	0.03%
HRL	F	0.03%
JD	D	0.03%
HAS	D	0.03%
MHK	C	0.03%
NUE	D	0.03%
DXC	D	0.03%
WAL	B	0.03%
ATO	B	0.03%
BAX	D	0.03%
CNO	A	0.03%
SPGI	A	0.03%
SNX	D	0.03%
PVH	D	0.03%
PHM	C	0.03%
GIS	D	0.03%
BXP	B	0.03%
ADBE	C	0.03%
GLPI	B	0.03%
JEF	A	0.03%
HAL	F	0.03%
BG	B	0.03%
SYY	D	0.03%
SWK	D	0.03%
SYF	A	0.03%
PRU	A	0.03%
MOS	F	0.03%
MU	C	0.03%
EBAY	B	0.03%
PYPL	D	0.03%
PFE	C	0.03%
STT	B	0.03%
VLO	D	0.03%
WMB	B	0.03%
GPN	F	0.03%
DIS	F	0.03%
EPD	B	0.03%
MPLX	C	0.03%
FIS	C	0.03%
BERY	C	0.03%
CB	D	0.03%
AER	B	0.03%
MPC	F	0.03%
AXP	B	0.03%
VTRS	C	0.03%
INTC	D	0.03%
FITB	B	0.03%
HPE	B	0.03%
CMCSA	F	0.03%
MS	A	0.03%
AAPL	B	0.03%
WPC	C	0.02%
SKT	D	0.02%
RL	C	0.02%
THG	D	0.02%
UNM	D	0.02%
VNT	C	0.02%
STLD	C	0.02%
CF	F	0.02%
BKU	B	0.02%
CDNS	C	0.02%
A	D	0.02%
BEN	D	0.02%
CPT	B	0.02%
GBDC	D	0.02%
BC	D	0.02%
ALLE	C	0.02%
AIZ	D	0.02%
HST	D	0.02%
HP	D	0.02%
HOG	D	0.02%
INTU	C	0.02%
L	C	0.02%
JCI	C	0.02%
GXO	D	0.02%
KMPR	B	0.02%
EQH	A	0.02%
FTNT	D	0.02%
FRT	A	0.02%
EA	B	0.02%
NNN	A	0.02%
SF	B	0.02%
PSA	B	0.02%
SBRA	B	0.02%
TSLX	A	0.02%
VNO	C	0.02%
WM	B	0.02%
BKH	C	0.02%
APH	B	0.02%
DOV	C	0.02%
COKE	C	0.02%
ALB	F	0.02%
BWA	F	0.02%
AWH	F	0.02%
AFG	D	0.02%
BRO	B	0.02%
BR	B	0.02%
CTVA	D	0.02%
KEYS	D	0.02%
GSBD	A	0.02%
HRB	C	0.02%
IP	C	0.02%
ILMN	D	0.02%
GWW	D	0.02%
LNT	B	0.02%
LLY	B	0.02%
OCSL	F	0.02%
LAZ	B	0.02%
MRVL	C	0.02%
CSX	C	0.02%
K	D	0.02%
KR	C	0.02%
LRCX	C	0.02%
ORI	C	0.02%
DVN	D	0.02%
LYB	F	0.02%
PH	C	0.02%
TDY	D	0.02%
TT	A	0.02%
VOYA	D	0.02%
EQR	C	0.02%
LIN	C	0.02%
OHI	A	0.02%
LHX	A	0.02%
LDOS	B	0.02%
MCO	A	0.02%
NTAP	B	0.02%
IVZ	C	0.02%
HUM	D	0.02%
DOC	B	0.02%
WEC	D	0.02%
VTR	A	0.02%
BRX	B	0.02%
AES	D	0.02%
CE	D	0.02%
AN	C	0.02%
CNA	A	0.02%
CMI	C	0.02%
EOG	B	0.02%
NKE	F	0.02%
DGX	B	0.02%
FANG	B	0.02%
FLEX	D	0.02%
EXPE	C	0.02%
CNH	F	0.02%
ADI	B	0.02%
DHR	D	0.02%
EFX	C	0.02%
ROST	A	0.02%
OKE	A	0.02%
NXPI	B	0.02%
MTB	A	0.02%
KDP	D	0.02%
BKNG	C	0.02%
ABT	D	0.02%
ICE	A	0.02%
FSK	A	0.02%
GD	D	0.02%
CAH	F	0.02%
CPB	B	0.02%
UPS	F	0.02%
WRK	C	0.02%
PM	A	0.02%
MKC	C	0.02%
NVDA	C	0.02%
STZ	B	0.02%
SBUX	F	0.02%
SPG	B	0.02%
ET	B	0.02%
EQIX	C	0.02%
AL	C	0.02%
CM	B	0.02%
CCI	C	0.02%
MET	C	0.02%
SLB	D	0.02%
SHW	C	0.02%
ZBH	F	0.02%
PNC	A	0.02%
KMI	A	0.02%
CSCO	D	0.02%
AFL	A	0.02%
LVS	F	0.02%
BDX	F	0.02%
CAT	D	0.02%
JNJ	D	0.02%
USB	B	0.02%
RTX	D	0.02%
RY	B	0.02%
PEP	D	0.02%
CVX	D	0.02%
GM	B	0.02%
TD	D	0.02%
BMY	F	0.02%
WMT	B	0.02%
ABBV	B	0.02%
IBM	C	0.02%
CVS	F	0.02%
XOM	D	0.02%
C	B	0.02%
NVT	D	0.01%
HIW	B	0.01%
FE	C	0.01%
FNB	A	0.01%
CACC	C	0.01%
VLY	D	0.01%
RPM	D	0.01%
IPG	F	0.01%
JBL	F	0.01%
KSS	D	0.01%
G	D	0.01%
AMD	C	0.01%
EPR	C	0.01%
NEU	D	0.01%
ED	D	0.01%
NEM	A	0.01%
UHS	B	0.01%
UDR	B	0.01%
VMC	C	0.01%
WY	D	0.01%
TKR	D	0.01%
FAF	D	0.01%
HUBB	D	0.01%
LEG	D	0.01%
CHD	D	0.01%
FMC	F	0.01%
JHG	B	0.01%
HES	D	0.01%
IFF	B	0.01%
NYCB	D	0.01%
DAL	D	0.01%
WHR	C	0.01%
RNR	D	0.01%
SNV	A	0.01%
SLG	B	0.01%
RS	C	0.01%
PFG	C	0.01%
BDN	C	0.01%
BCSF	A	0.01%
RGA	A	0.01%
SITC	A	0.01%
TEL	A	0.01%
TRMB	C	0.01%
CL	B	0.01%
BHP	C	0.01%
CSL	B	0.01%
FLS	C	0.01%
CLX	D	0.01%
AVB	C	0.01%
GP	F	0.01%
H	B	0.01%
KMB	A	0.01%
ES	C	0.01%
OGS	C	0.01%
MLM	D	0.01%
LNC	B	0.01%
PNW	B	0.01%
ROK	C	0.01%
PSEC	B	0.01%
SCCO	C	0.01%
TXT	C	0.01%
ADSK	C	0.01%
CMS	D	0.01%
FHN	A	0.01%
CUBE	B	0.01%
MAIN	A	0.01%
MAA	B	0.01%
LII	B	0.01%
OC	C	0.01%
PDM	A	0.01%
EMR	B	0.01%
KIM	C	0.01%
HSY	D	0.01%
HII	D	0.01%
KRC	C	0.01%
MAR	C	0.01%
NFG	C	0.01%
ORLY	C	0.01%
OPI	D	0.01%
LEN	C	0.01%
NSC	D	0.01%
APD	D	0.01%
CP	C	0.01%
CNP	D	0.01%
NDAQ	B	0.01%
DHI	C	0.01%
UNP	D	0.01%
AVT	C	0.01%
PCAR	D	0.01%
AMG	C	0.01%
XEL	D	0.01%
AEE	C	0.01%
ARW	D	0.01%
AZO	C	0.01%
AWK	C	0.01%
PPG	D	0.01%
SRE	B	0.01%
PKG	C	0.01%
MCK	C	0.01%
DE	F	0.01%
DUK	B	0.01%
DOW	F	0.01%
UAL	D	0.01%
WU	D	0.01%
ROP	C	0.01%
PPL	D	0.01%
MMM	B	0.01%
LH	C	0.01%
MDLZ	F	0.01%
ESS	B	0.01%
EVRG	C	0.01%
ALL	D	0.01%
AEP	C	0.01%
AMP	B	0.01%
SYK	C	0.01%
R	C	0.01%
TXN	B	0.01%
PXD	B	0.01%
PSX	D	0.01%
PEG	B	0.01%
DFS	B	0.01%
DTE	C	0.01%
O	C	0.01%
MCHP	D	0.01%
KEY	B	0.01%
CMA	A	0.01%
BSX	B	0.01%
ARE	B	0.01%
AON	C	0.01%
HON	B	0.01%
HBAN	C	0.01%
CFG	A	0.01%
AMT	B	0.01%
EIX	C	0.01%
MMC	A	0.01%
PAA	B	0.01%
ETR	D	0.01%
AMGN	B	0.01%
TSN	D	0.01%
D	C	0.01%
ALLY	A	0.01%
BK	A	0.01%
RSG	A	0.01%
HD	C	0.01%
TMO	D	0.01%
PG	D	0.01%
DG	D	0.01%
MO	A	0.01%
NEE	C	0.01%
LOW	C	0.01%
CAG	F	0.01%
SCHW	C	0.01%
EXC	D	0.01%
MCD	D	0.01%
BNS	C	0.01%
COP	D	0.01%
SO	B	0.01%
COF	C	0.01%
VOD	B	0.01%
LUV	D	0.01%
GE	D	0.01%
WELL	B	0.01%
UNH	D	0.01%
TFC	A	0.01%
DB	B	0.01%
AVGO	B	0.01%
BMO	D	0.01%
T	B	0.01%
PCG	C	0.01%
HSBC	D	0.01%
NWG	B	0.01%
CI	D	0.01%
MUFG	B	0.01%
WFC	B	0.01%
GS	A	0.01%
JPM	B	0.01%
DELL	C	0.01%
BA	D	0.01%
BAC	A	0.01%

VCSH Underweight 22 Positions Relative to FLCH

Symbol	Grade	Weight
PDD	D	-4.58%
TCOM	D	-1.24%
YUMC	F	-0.55%
LI	F	-0.53%
BEKE	D	-0.46%
BGNE	F	-0.34%
NIO	F	-0.3%
BZ	D	-0.27%
YMM	D	-0.26%
XPEV	D	-0.24%
VIPS	F	-0.22%
BILI	C	-0.22%
TAL	F	-0.2%
QFIN	C	-0.11%
ATHM	C	-0.08%
IQ	F	-0.08%
RLX	F	-0.07%
YY	C	-0.05%
DQ	F	-0.04%
GDS	C	-0.04%
TUYA	F	-0.02%
DADA	F	-0.01%