VFH vs. KCE ETF Comparison

Comparison of Vanguard Financials ETF - DNQ (VFH) to SPDR S&P Capital Markets ETF (KCE)

VFH

Vanguard Financials ETF - DNQ

VFH Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$124.79

Average Daily Volume

334,507

Number of Holdings ^*

381

* may have additional holdings in another (foreign) market

KCE

SPDR S&P Capital Markets ETF

KCE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$146.81

Average Daily Volume

70,565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFH	KCE
30 Days	9.01%	11.35%
60 Days	13.11%	17.27%
90 Days	16.11%	22.08%
12 Months	49.19%	67.71%

60 Overlapping Holdings

Symbol	Grade	Weight in VFH	Weight in KCE	Overlap
AMG	B	0.08%	1.6%	0.08%
AMP	A	0.68%	1.85%	0.68%
APAM	B	0.04%	1.68%	0.04%
ARES	A	0.42%	1.65%	0.42%
BEN	C	0.08%	1.57%	0.08%
BGC	C	0.05%	1.61%	0.05%
BK	A	0.74%	1.64%	0.74%
BLK	C	1.95%	1.69%	1.69%
BSIG	A	0.01%	0.66%	0.01%
BX	A	1.6%	1.74%	1.6%
CBOE	B	0.3%	1.36%	0.3%
CG	A	0.16%	1.86%	0.16%
CME	A	1.08%	1.53%	1.08%
CNS	B	0.04%	1.59%	0.04%
COIN	C	0.46%	2.54%	0.46%
DBRG	F	0.04%	1.29%	0.04%
DFIN	D	0.02%	0.87%	0.02%
DHIL	A	0.01%	0.36%	0.01%
EVR	B	0.13%	1.84%	0.13%
FDS	B	0.23%	1.6%	0.23%
FHI	A	0.04%	1.74%	0.04%
GS	A	2.23%	1.8%	1.8%
HLI	B	0.12%	1.75%	0.12%
HLNE	B	0.09%	1.81%	0.09%
HOOD	B	0.17%	2.1%	0.17%
IBKR	A	0.21%	2.03%	0.21%
ICE	C	1.19%	1.4%	1.19%
IVZ	B	0.08%	1.6%	0.08%
JEF	A	0.14%	1.85%	0.14%
JHG	A	0.07%	1.79%	0.07%
KKR	A	1.15%	1.8%	1.15%
LPLA	A	0.28%	2.22%	0.28%
LPRO	C	0.01%	0.35%	0.01%
MC	C	0.06%	1.62%	0.06%
MCO	B	1.0%	1.46%	1.0%
MKTX	D	0.15%	1.51%	0.15%
MORN	B	0.12%	1.62%	0.12%
MS	A	1.89%	1.96%	1.89%
MSCI	C	0.6%	1.58%	0.6%
NDAQ	A	0.43%	1.59%	0.43%
NTRS	A	0.27%	1.76%	0.27%
OWL	A	0.14%	1.86%	0.14%
PIPR	B	0.07%	1.82%	0.07%
PJT	A	0.04%	1.86%	0.04%
PX	A	0.01%	0.63%	0.01%
RJF	A	0.39%	1.98%	0.39%
SCHW	B	1.43%	1.83%	1.43%
SEIC	B	0.11%	1.75%	0.11%
SF	B	0.14%	1.95%	0.14%
SNEX	B	0.03%	1.4%	0.03%
SPGI	C	2.05%	1.43%	1.43%
STEP	B	0.05%	1.8%	0.05%
STT	A	0.37%	1.66%	0.37%
TPG	A	0.07%	1.7%	0.07%
TROW	B	0.33%	1.65%	0.33%
TW	A	0.2%	1.57%	0.2%
VCTR	B	0.03%	1.77%	0.03%
VIRT	B	0.03%	1.58%	0.03%
VRTS	B	0.02%	1.22%	0.02%
WT	B	0.02%	1.62%	0.02%

VFH Overweight 321 Positions Relative to KCE

Symbol	Grade	Weight
JPM	A	8.51%
BRK.A	B	7.98%
MA	C	5.54%
V	A	4.17%
BAC	A	3.93%
WFC	A	3.02%
AXP	A	2.08%
PGR	A	1.9%
C	A	1.63%
FI	A	1.55%
CB	C	1.46%
MMC	B	1.44%
PYPL	B	1.05%
USB	A	1.01%
PNC	B	1.0%
AON	A	0.96%
COF	B	0.83%
AJG	B	0.82%
TFC	A	0.77%
AFL	B	0.76%
APO	B	0.76%
TRV	B	0.75%
FIS	C	0.67%
AIG	B	0.67%
ALL	A	0.66%
MET	A	0.63%
PRU	A	0.59%
SQ	B	0.54%
DFS	B	0.5%
ACGL	D	0.49%
HIG	B	0.44%
MTB	A	0.43%
WTW	B	0.41%
FITB	A	0.4%
GPN	B	0.35%
BRO	B	0.34%
HBAN	A	0.3%
SYF	B	0.29%
RF	A	0.29%
CPAY	A	0.29%
CINF	A	0.29%
MKL	A	0.27%
CFG	B	0.26%
PFG	D	0.26%
FCNCA	A	0.26%
WRB	A	0.23%
KEY	B	0.22%
EG	C	0.21%
FNF	B	0.21%
EQH	B	0.2%
L	A	0.2%
RGA	A	0.19%
RNR	C	0.19%
JKHY	D	0.18%
EWBC	A	0.18%
UNM	A	0.16%
SOFI	A	0.15%
ERIE	D	0.15%
AFRM	B	0.14%
TOST	B	0.14%
KNSL	B	0.13%
FHN	A	0.13%
PRI	A	0.13%
ALLY	C	0.13%
GL	B	0.13%
AIZ	A	0.13%
WAL	B	0.12%
CRBG	B	0.12%
WBS	A	0.12%
ORI	A	0.12%
AFG	A	0.12%
VOYA	B	0.11%
PNFP	B	0.11%
CMA	A	0.11%
WEX	D	0.1%
SNV	B	0.1%
SSB	B	0.1%
JXN	C	0.1%
CBSH	A	0.1%
ZION	B	0.1%
WTFC	A	0.1%
CFR	B	0.1%
RLI	B	0.09%
ESNT	D	0.09%
BPOP	B	0.09%
FAF	A	0.09%
RYAN	B	0.09%
MTG	C	0.09%
AGNC	D	0.09%
PB	A	0.09%
COOP	B	0.08%
STWD	C	0.08%
LNC	B	0.08%
OMF	A	0.08%
GBCI	B	0.08%
COLB	A	0.08%
CADE	B	0.08%
ONB	B	0.08%
AXS	A	0.08%
FOUR	B	0.07%
UMBF	B	0.07%
UBSI	B	0.07%
FNB	A	0.07%
HOMB	A	0.07%
RDN	C	0.07%
THG	A	0.07%
SIGI	C	0.07%
EEFT	B	0.06%
SFBS	B	0.06%
AGO	B	0.06%
PFSI	D	0.06%
SLM	A	0.06%
FFIN	B	0.06%
HWC	B	0.06%
WTM	A	0.06%
OZK	B	0.06%
AUB	B	0.05%
IBOC	A	0.05%
TCBI	B	0.05%
ASB	B	0.05%
WU	D	0.05%
UPST	B	0.05%
AX	A	0.05%
WD	D	0.05%
CNO	A	0.05%
ESGR	B	0.05%
HASI	D	0.05%
KMPR	B	0.05%
ABCB	B	0.05%
VLY	B	0.05%
BKU	A	0.04%
INDB	B	0.04%
CVBF	A	0.04%
OSCR	D	0.04%
ABR	C	0.04%
WAFD	B	0.04%
PRK	B	0.04%
CACC	D	0.04%
BOH	B	0.04%
SFNC	B	0.04%
FIBK	A	0.04%
NMIH	D	0.04%
WSFS	A	0.04%
GNW	A	0.04%
BHF	B	0.04%
BXMT	C	0.04%
BOKF	B	0.04%
EBC	B	0.04%
CATY	B	0.04%
FHB	A	0.04%
FBP	B	0.04%
CBU	B	0.04%
FULT	A	0.04%
UCB	A	0.04%
MCY	A	0.03%
FLYW	C	0.03%
STC	B	0.03%
PRG	C	0.03%
FRHC	B	0.03%
TFIN	A	0.03%
EFSC	B	0.03%
TRMK	B	0.03%
RKT	F	0.03%
NBTB	B	0.03%
FRME	B	0.03%
RNST	B	0.03%
EVTC	B	0.03%
IBTX	B	0.03%
BANC	A	0.03%
BANR	B	0.03%
PLMR	B	0.03%
MQ	F	0.03%
SBCF	A	0.03%
PFS	B	0.03%
BANF	B	0.03%
ENVA	B	0.03%
TOWN	B	0.03%
FFBC	A	0.03%
PPBI	B	0.03%
BFH	B	0.03%
TBBK	B	0.03%
HTLF	B	0.03%
PAYO	A	0.03%
GSHD	A	0.03%
BHLB	B	0.02%
RC	D	0.02%
PMT	D	0.02%
SAFT	C	0.02%
NAVI	C	0.02%
ARI	C	0.02%
GABC	B	0.02%
LMND	B	0.02%
EIG	B	0.02%
LADR	B	0.02%
LOB	B	0.02%
SPNT	A	0.02%
QCRH	A	0.02%
NIC	B	0.02%
TCBK	B	0.02%
BUSE	B	0.02%
WABC	B	0.02%
CUBI	C	0.02%
STBA	B	0.02%
VBTX	B	0.02%
CODI	B	0.02%
HOPE	B	0.02%
HTH	B	0.02%
SKWD	A	0.02%
SASR	B	0.02%
HMN	B	0.02%
NWBI	B	0.02%
NNI	D	0.02%
LC	A	0.02%
LKFN	B	0.02%
NBHC	B	0.02%
FCF	A	0.02%
FBNC	A	0.02%
AGM	C	0.02%
CHCO	B	0.02%
SYBT	B	0.02%
CASH	A	0.02%
NATL	B	0.02%
TRUP	B	0.02%
FBK	B	0.02%
WSBC	A	0.02%
OFG	B	0.02%
WRLD	C	0.01%
HIFS	B	0.01%
KRNY	B	0.01%
FFIC	B	0.01%
MPB	B	0.01%
SPFI	B	0.01%
UFCS	B	0.01%
PAY	B	0.01%
CARE	C	0.01%
HONE	B	0.01%
SMBK	B	0.01%
THFF	B	0.01%
TIPT	B	0.01%
AROW	B	0.01%
BHB	B	0.01%
NFBK	B	0.01%
CCBG	B	0.01%
TRTX	B	0.01%
AMBC	C	0.01%
PGC	C	0.01%
FMNB	B	0.01%
MCB	B	0.01%
MSBI	B	0.01%
GDOT	D	0.01%
IIIV	C	0.01%
CCNE	B	0.01%
CASS	B	0.01%
UVE	B	0.01%
GSBC	B	0.01%
AMAL	B	0.01%
NRDS	C	0.01%
IMXI	B	0.01%
UWMC	D	0.01%
WASH	C	0.01%
SMBC	B	0.01%
EQBK	A	0.01%
HTBK	A	0.01%
EZPW	A	0.01%
CAC	B	0.01%
TRST	A	0.01%
BFST	C	0.01%
RPAY	D	0.01%
TREE	F	0.01%
MBWM	B	0.01%
KREF	D	0.01%
IBCP	B	0.01%
CFB	B	0.01%
CCB	A	0.01%
HBNC	B	0.01%
FCBC	B	0.01%
HAFC	A	0.01%
CMTG	F	0.01%
AMTB	B	0.01%
BY	B	0.01%
OSBC	A	0.01%
PRA	C	0.01%
CPF	A	0.01%
PRAA	C	0.01%
EGBN	B	0.01%
MBIN	D	0.01%
FMBH	B	0.01%
CTBI	B	0.01%
TMP	B	0.01%
BRSP	B	0.01%
HFWA	B	0.01%
UVSP	B	0.01%
CFFN	B	0.01%
PFC	A	0.01%
BFC	B	0.01%
CNOB	B	0.01%
SBSI	B	0.01%
DX	B	0.01%
HCI	C	0.01%
OBK	B	0.01%
RWT	D	0.01%
BRKL	B	0.01%
FBMS	B	0.01%
PEBO	A	0.01%
EFC	C	0.01%
AMSF	B	0.01%
DCOM	A	0.01%
ECPG	B	0.01%
FBRT	C	0.01%
OCFC	B	0.01%
PFBC	B	0.01%
SRCE	B	0.01%
CNNE	B	0.01%
RILY	F	0.0%
AC	C	0.0%
HMST	D	0.0%
JRVR	F	0.0%
DGICA	A	0.0%
ACRE	C	0.0%
BMRC	B	0.0%
FFWM	C	0.0%

VFH Underweight 0 Positions Relative to KCE

	Symbol	Grade	Weight