VFH vs. PFF ETF Comparison

Comparison of Vanguard Financials ETF - DNQ (VFH) to iShares US Preferred Stock ETF (PFF)

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

PFF

iShares US Preferred Stock ETF

PFF Description

The investment seeks to track the investment results of an index composed of U.S. preferred stocks. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P U.S. Preferred Stock IndexTM (the "underlying index"), which measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (" NYSE"), NYSE Arca, Inc. ("NYSE Arca"), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.70

Average Daily Volume

3,780,916

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

Performance

Period	VFH	PFF
30 Days	9.01%	-0.29%
60 Days	13.11%	-1.26%
90 Days	16.11%	2.56%
12 Months	49.19%	15.76%

79 Overlapping Holdings

Symbol	Grade	Weight in VFH	Weight in PFF	Overlap
ABR	C	0.04%	0.07%	0.04%
AGNC	D	0.09%	0.14%	0.09%
ALL	A	0.66%	0.16%	0.16%
AMG	B	0.08%	0.09%	0.08%
APO	B	0.76%	0.4%	0.4%
ARES	A	0.42%	1.0%	0.42%
ASB	B	0.05%	0.05%	0.05%
AUB	B	0.05%	0.11%	0.05%
AXS	A	0.08%	0.31%	0.08%
BAC	A	3.93%	0.06%	0.06%
BAC	A	3.93%	0.28%	0.28%
BANC	A	0.03%	0.32%	0.03%
BHF	B	0.04%	0.15%	0.04%
BOH	B	0.04%	0.08%	0.04%
C	A	1.63%	1.68%	1.63%
CADE	B	0.08%	0.09%	0.08%
CFG	B	0.26%	0.24%	0.24%
CFR	B	0.1%	0.08%	0.08%
CG	A	0.16%	0.24%	0.16%
CNO	A	0.05%	0.08%	0.05%
CNOB	B	0.01%	0.06%	0.01%
CODI	B	0.02%	0.06%	0.02%
COF	B	0.83%	0.06%	0.06%
DBRG	F	0.04%	0.13%	0.04%
DX	B	0.01%	0.07%	0.01%
EFC	C	0.01%	0.06%	0.01%
EQH	B	0.2%	0.14%	0.14%
FBRT	C	0.01%	0.14%	0.01%
FCNCA	A	0.26%	0.2%	0.2%
FHN	A	0.13%	0.07%	0.07%
FITB	A	0.4%	0.12%	0.12%
FULT	A	0.04%	0.1%	0.04%
GL	B	0.13%	0.14%	0.13%
GS	A	2.23%	0.12%	0.12%
HBAN	A	0.3%	0.1%	0.1%
HIG	B	0.44%	0.22%	0.22%
HTLF	B	0.03%	0.07%	0.03%
HWC	B	0.06%	0.11%	0.06%
JPM	A	8.51%	0.41%	0.41%
JXN	C	0.1%	0.37%	0.1%
KEY	B	0.22%	0.25%	0.22%
KKR	A	1.15%	0.24%	0.24%
KMPR	B	0.05%	0.09%	0.05%
KREF	D	0.01%	0.17%	0.01%
LNC	B	0.08%	0.35%	0.08%
MBIN	D	0.01%	0.08%	0.01%
MET	A	0.63%	0.37%	0.37%
MS	A	1.89%	0.25%	0.25%
MSBI	B	0.01%	0.07%	0.01%
MTB	A	0.43%	0.16%	0.16%
NAVI	C	0.02%	0.15%	0.02%
NTRS	A	0.27%	0.22%	0.22%
ONB	B	0.08%	0.07%	0.07%
PMT	D	0.02%	0.07%	0.02%
PNFP	B	0.11%	0.14%	0.11%
PRU	A	0.59%	0.19%	0.19%
RC	D	0.02%	0.05%	0.02%
RF	A	0.29%	0.19%	0.19%
RILY	F	0.0%	0.07%	0.0%
RNR	C	0.19%	0.15%	0.15%
SCHW	B	1.43%	0.31%	0.31%
SF	B	0.14%	0.1%	0.1%
SIGI	C	0.07%	0.1%	0.07%
SNV	B	0.1%	0.13%	0.1%
STT	A	0.37%	0.31%	0.31%
SYF	B	0.29%	0.33%	0.29%
TCBI	B	0.05%	0.16%	0.05%
TFC	A	0.77%	0.1%	0.1%
TPG	A	0.07%	0.26%	0.07%
TRTX	B	0.01%	0.1%	0.01%
USB	A	1.01%	0.21%	0.21%
VLY	B	0.05%	0.1%	0.05%
VOYA	B	0.11%	0.19%	0.11%
WAFD	B	0.04%	0.14%	0.04%
WAL	B	0.12%	0.16%	0.12%
WBS	A	0.12%	0.08%	0.08%
WFC	A	3.02%	0.31%	0.31%
WRB	A	0.23%	0.12%	0.12%
WSBC	A	0.02%	0.1%	0.02%

VFH Overweight 303 Positions Relative to PFF

Symbol	Grade	Weight
BRK.A	B	7.98%
MA	C	5.54%
V	A	4.17%
AXP	A	2.08%
SPGI	C	2.05%
BLK	C	1.95%
PGR	A	1.9%
BX	A	1.6%
FI	A	1.55%
CB	C	1.46%
MMC	B	1.44%
ICE	C	1.19%
CME	A	1.08%
PYPL	B	1.05%
MCO	B	1.0%
PNC	B	1.0%
AON	A	0.96%
AJG	B	0.82%
AFL	B	0.76%
TRV	B	0.75%
BK	A	0.74%
AMP	A	0.68%
FIS	C	0.67%
AIG	B	0.67%
MSCI	C	0.6%
SQ	B	0.54%
DFS	B	0.5%
ACGL	D	0.49%
COIN	C	0.46%
NDAQ	A	0.43%
WTW	B	0.41%
RJF	A	0.39%
GPN	B	0.35%
BRO	B	0.34%
TROW	B	0.33%
CBOE	B	0.3%
CPAY	A	0.29%
CINF	A	0.29%
LPLA	A	0.28%
MKL	A	0.27%
PFG	D	0.26%
FDS	B	0.23%
EG	C	0.21%
IBKR	A	0.21%
FNF	B	0.21%
TW	A	0.2%
L	A	0.2%
RGA	A	0.19%
JKHY	D	0.18%
EWBC	A	0.18%
HOOD	B	0.17%
UNM	A	0.16%
MKTX	D	0.15%
SOFI	A	0.15%
ERIE	D	0.15%
AFRM	B	0.14%
JEF	A	0.14%
OWL	A	0.14%
TOST	B	0.14%
KNSL	B	0.13%
PRI	A	0.13%
ALLY	C	0.13%
EVR	B	0.13%
AIZ	A	0.13%
CRBG	B	0.12%
ORI	A	0.12%
MORN	B	0.12%
HLI	B	0.12%
AFG	A	0.12%
SEIC	B	0.11%
CMA	A	0.11%
WEX	D	0.1%
SSB	B	0.1%
CBSH	A	0.1%
ZION	B	0.1%
WTFC	A	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%
HLNE	B	0.09%
PB	A	0.09%
COOP	B	0.08%
IVZ	B	0.08%
STWD	C	0.08%
OMF	A	0.08%
GBCI	B	0.08%
COLB	A	0.08%
BEN	C	0.08%
PIPR	B	0.07%
FOUR	B	0.07%
UMBF	B	0.07%
UBSI	B	0.07%
FNB	A	0.07%
HOMB	A	0.07%
JHG	A	0.07%
RDN	C	0.07%
THG	A	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%
WTM	A	0.06%
OZK	B	0.06%
MC	C	0.06%
IBOC	A	0.05%
BGC	C	0.05%
STEP	B	0.05%
WU	D	0.05%
UPST	B	0.05%
AX	A	0.05%
WD	D	0.05%
ESGR	B	0.05%
HASI	D	0.05%
ABCB	B	0.05%
BKU	A	0.04%
INDB	B	0.04%
CVBF	A	0.04%
OSCR	D	0.04%
CNS	B	0.04%
PRK	B	0.04%
CACC	D	0.04%
SFNC	B	0.04%
FIBK	A	0.04%
NMIH	D	0.04%
WSFS	A	0.04%
GNW	A	0.04%
BXMT	C	0.04%
APAM	B	0.04%
BOKF	B	0.04%
EBC	B	0.04%
CATY	B	0.04%
FHB	A	0.04%
PJT	A	0.04%
FHI	A	0.04%
FBP	B	0.04%
CBU	B	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%
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%
VCTR	B	0.03%
PAYO	A	0.03%
VIRT	B	0.03%
SNEX	B	0.03%
GSHD	A	0.03%
BHLB	B	0.02%
SAFT	C	0.02%
ARI	C	0.02%
GABC	B	0.02%
LMND	B	0.02%
EIG	B	0.02%
WT	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%
HOPE	B	0.02%
HTH	B	0.02%
SKWD	A	0.02%
SASR	B	0.02%
VRTS	B	0.02%
HMN	B	0.02%
NWBI	B	0.02%
NNI	D	0.02%
LC	A	0.02%
DFIN	D	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%
OFG	B	0.02%
WRLD	C	0.01%
HIFS	B	0.01%
KRNY	B	0.01%
FFIC	B	0.01%
MPB	B	0.01%
DHIL	A	0.01%
SPFI	B	0.01%
UFCS	B	0.01%
PAY	B	0.01%
CARE	C	0.01%
PX	A	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%
AMBC	C	0.01%
PGC	C	0.01%
FMNB	B	0.01%
MCB	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%
LPRO	C	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%
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%
FMBH	B	0.01%
CTBI	B	0.01%
BSIG	A	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%
SBSI	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%
AMSF	B	0.01%
DCOM	A	0.01%
ECPG	B	0.01%
OCFC	B	0.01%
PFBC	B	0.01%
SRCE	B	0.01%
CNNE	B	0.01%
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 148 Positions Relative to PFF

Symbol	Grade	Weight
ALB	C	-1.35%
HPE	B	-1.13%
NEE	D	-1.08%
T	A	-0.88%
TBB	C	-0.79%
T	A	-0.64%
DUK	C	-0.62%
SOJD	F	-0.55%
TBC	C	-0.51%
SREA	D	-0.46%
RZC	C	-0.46%
NEE	D	-0.42%
CMSD	C	-0.38%
SO	D	-0.37%
F	C	-0.37%
CHSCO	C	-0.36%
PRS	B	-0.35%
WCC	B	-0.35%
BTSG	C	-0.35%
CHSCL	C	-0.33%
GTLS	B	-0.32%
QRTEP	F	-0.32%
CTDD	C	-0.31%
DUKB	C	-0.31%
CHSCM	D	-0.31%
UZE	B	-0.29%
USM	B	-0.29%
FITBI	C	-0.29%
BPYPM	C	-0.28%
NLY	C	-0.27%
CHSCN	D	-0.27%
SOJC	D	-0.27%
PFH	F	-0.25%
RZB	C	-0.25%
TDS	B	-0.23%
PBI	B	-0.23%
DTW	D	-0.23%
FG	B	-0.23%
CHSCP	F	-0.22%
EAI	C	-0.22%
AGNCN	B	-0.21%
RLJ	C	-0.2%
ESGRP	D	-0.2%
UNMA	C	-0.19%
ATHS	C	-0.19%
ACGLO	C	-0.19%
UMH	C	-0.18%
MGR	D	-0.18%
WTFCP	A	-0.18%
NGL	D	-0.18%
CMSC	C	-0.17%
TVC	C	-0.15%
ELC	C	-0.15%
NRUC	D	-0.15%
SR	A	-0.15%
GPJA	F	-0.15%
OZKAP	D	-0.15%
AIZN	D	-0.14%
HPP	F	-0.14%
EMP	D	-0.14%
DDT	B	-0.13%
KMI	A	-0.13%
NSA	D	-0.13%
TVE	C	-0.12%
EIX	B	-0.12%
SLMBP	C	-0.12%
VNO	B	-0.12%
SLG	B	-0.12%
CMSA	C	-0.12%
KIM	A	-0.12%
FCNCO	D	-0.12%
SFB	D	-0.12%
SITC	D	-0.11%
LBRDP	C	-0.11%
CMS	C	-0.11%
DTE	C	-0.11%
AFGC	C	-0.11%
DLR	B	-0.11%
NYMTM	B	-0.11%
SPLP	D	-0.1%
AFGE	D	-0.1%
RITM	C	-0.1%
DHC	F	-0.1%
CIM	D	-0.09%
GPMT	C	-0.09%
ZIONO	D	-0.09%
ARR	D	-0.09%
AGNCL	B	-0.09%
AFGD	C	-0.09%
CION	C	-0.09%
AHH	D	-0.09%
BNRE.A	C	-0.09%
QVCD	D	-0.08%
ATLC	B	-0.08%
TWO	D	-0.08%
GAIN	C	-0.08%
CTVA	C	-0.08%
AFGB	C	-0.08%
LANDO	B	-0.08%
BC	C	-0.08%
NYMTL	A	-0.08%
ARGD	C	-0.08%
FRT	B	-0.08%
WTFCM	B	-0.08%
NYMTN	D	-0.08%
ADC	B	-0.08%
PSA	D	-0.07%
ACR	A	-0.07%
ENO	D	-0.07%
AMH	D	-0.07%
BPOPM	C	-0.07%
PCG	A	-0.07%
CLDT	B	-0.07%
IVR	F	-0.07%
FCRX	A	-0.07%
CTO	B	-0.07%
MHNC	D	-0.07%
FTAI	B	-0.07%
VLYPP	A	-0.07%
NEWT	B	-0.07%
MFA	D	-0.07%
REG	B	-0.07%
NMFC	D	-0.07%
DRH	B	-0.07%
EQC	B	-0.07%
TRIN	A	-0.07%
SNCR	F	-0.07%
RILYN	C	-0.06%
BFS	C	-0.06%
PEB	D	-0.06%
LXP	D	-0.06%
PSEC	D	-0.06%
VLYPO	B	-0.06%
EPR	D	-0.06%
GNL	F	-0.06%
BW	D	-0.06%
SAR	A	-0.06%
DCOMP	C	-0.06%
FATBP	D	-0.05%
MHLA	C	-0.05%
CIO	D	-0.05%
INN	D	-0.05%
SHO	C	-0.05%
FOSL	C	-0.05%
SLNHP	C	-0.04%
OPI	F	-0.04%
BHR	B	-0.03%
XELAP	F	-0.0%