VFH vs. QUAL ETF Comparison

Comparison of Vanguard Financials ETF - DNQ (VFH) to iShares MSCI USA Quality Factor ETF (QUAL)

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

$109.20

Average Daily Volume

279,772

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$178.14

Average Daily Volume

946,315

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	VFH	QUAL
30 Days	-0.99%	0.51%
60 Days	7.23%	6.66%
90 Days	8.93%	3.76%
12 Months	39.92%	36.34%

17 Overlapping Holdings

Symbol	Grade	Weight in VFH	Weight in QUAL	Overlap
ACGL	A	0.59%	0.29%	0.29%
AFG	B	0.13%	0.06%	0.06%
AFL	A	0.82%	0.41%	0.41%
AMP	A	0.62%	0.27%	0.27%
BLK	B	1.85%	0.9%	0.9%
CBOE	B	0.3%	0.14%	0.14%
ERIE	A	0.18%	0.11%	0.11%
FDS	C	0.22%	0.12%	0.12%
JKHY	A	0.17%	0.1%	0.1%
LPLA	D	0.23%	0.13%	0.13%
MA	A	5.55%	4.01%	4.01%
MCO	C	1.11%	0.54%	0.54%
MKTX	C	0.13%	0.07%	0.07%
MMC	D	1.55%	0.75%	0.75%
SEIC	B	0.1%	0.06%	0.06%
TROW	D	0.33%	0.18%	0.18%
V	C	4.12%	4.01%	4.01%

VFH Overweight 356 Positions Relative to QUAL

Symbol	Grade	Weight
JPM	D	8.94%
BRK.A	C	8.72%
BAC	D	3.97%
WFC	D	2.82%
GS	D	2.28%
SPGI	C	2.27%
AXP	A	2.06%
PGR	C	2.04%
MS	B	1.75%
C	B	1.65%
CB	A	1.52%
BX	C	1.41%
SCHW	D	1.36%
ICE	A	1.28%
KKR	C	1.06%
PNC	C	1.02%
USB	C	1.02%
PYPL	B	1.0%
AON	A	0.93%
AJG	D	0.88%
TFC	D	0.82%
COF	C	0.78%
TRV	C	0.72%
AIG	F	0.71%
BK	C	0.7%
ALL	C	0.69%
MET	A	0.65%
MSCI	B	0.64%
APO	A	0.64%
FIS	C	0.63%
PRU	C	0.6%
SQ	D	0.51%
HIG	A	0.48%
DFS	C	0.48%
COIN	F	0.48%
NDAQ	C	0.43%
WTW	A	0.41%
MTB	C	0.4%
FITB	C	0.4%
GPN	F	0.39%
ARES	B	0.38%
STT	C	0.36%
BRO	A	0.35%
RJF	B	0.33%
CINF	A	0.3%
RF	C	0.3%
HBAN	C	0.3%
FCNCA	D	0.29%
MKL	B	0.29%
CPAY	A	0.29%
SYF	C	0.28%
CFG	D	0.27%
NTRS	C	0.26%
PFG	C	0.26%
WRB	B	0.25%
EG	B	0.24%
KEY	C	0.22%
FNF	A	0.21%
L	D	0.21%
RGA	C	0.2%
RNR	A	0.19%
TW	A	0.19%
EQH	C	0.19%
IBKR	A	0.18%
EWBC	D	0.16%
ALLY	F	0.16%
UNM	A	0.15%
HOOD	C	0.15%
KNSL	D	0.15%
JEF	B	0.14%
AIZ	A	0.14%
AFRM	C	0.14%
SF	A	0.13%
PRI	A	0.13%
FHN	D	0.13%
ORI	A	0.13%
CG	C	0.13%
GL	C	0.13%
WAL	C	0.12%
MORN	C	0.12%
EVR	C	0.12%
TOST	B	0.12%
PNFP	D	0.11%
CBSH	D	0.11%
SOFI	C	0.11%
WEX	C	0.11%
CRBG	C	0.11%
WBS	D	0.11%
HLI	B	0.11%
OWL	B	0.11%
JXN	B	0.1%
CFR	D	0.1%
PB	D	0.1%
VOYA	A	0.1%
WTFC	C	0.1%
ZION	D	0.1%
SSB	C	0.1%
BPOP	D	0.1%
AGNC	C	0.1%
CMA	C	0.1%
STWD	C	0.09%
RLI	A	0.09%
ONB	D	0.09%
AXS	A	0.09%
RYAN	A	0.09%
FAF	B	0.09%
SNV	D	0.09%
MTG	B	0.09%
ESNT	C	0.09%
LNC	D	0.08%
RDN	D	0.08%
SIGI	D	0.08%
AMG	C	0.08%
IVZ	C	0.08%
BEN	F	0.08%
HLNE	A	0.08%
CADE	D	0.08%
OMF	D	0.08%
COOP	C	0.08%
MC	C	0.07%
WTM	D	0.07%
UMBF	C	0.07%
PIPR	C	0.07%
JHG	C	0.07%
UBSI	D	0.07%
THG	A	0.07%
COLB	C	0.07%
HOMB	D	0.07%
GBCI	D	0.07%
FNB	D	0.07%
KMPR	D	0.06%
ABCB	C	0.06%
AGO	D	0.06%
WU	D	0.06%
SFBS	D	0.06%
SLM	C	0.06%
FFIN	D	0.06%
OZK	F	0.06%
HWC	D	0.06%
FOUR	B	0.06%
EEFT	F	0.06%
PFSI	C	0.06%
EBC	D	0.05%
WSFS	D	0.05%
ASB	F	0.05%
FULT	D	0.05%
IBOC	D	0.05%
AUB	D	0.05%
FBP	D	0.05%
BGC	B	0.05%
WD	C	0.05%
UCBI	C	0.05%
HASI	C	0.05%
AX	D	0.05%
TPG	C	0.05%
VLY	C	0.05%
CNO	C	0.05%
ESGR	D	0.05%
VIRT	C	0.04%
ABR	B	0.04%
CVBF	D	0.04%
TOWN	D	0.04%
TBBK	C	0.04%
BOH	F	0.04%
SFNC	C	0.04%
INDB	D	0.04%
FHI	C	0.04%
PJT	C	0.04%
PRK	D	0.04%
BKU	D	0.04%
BHF	F	0.04%
APAM	C	0.04%
FIBK	D	0.04%
OSCR	C	0.04%
WAFD	D	0.04%
CATY	D	0.04%
BXMT	C	0.04%
GNW	C	0.04%
BOKF	D	0.04%
CACC	F	0.04%
TCBI	C	0.04%
FHB	D	0.04%
NMIH	C	0.04%
UPST	C	0.04%
STEP	A	0.04%
CBU	D	0.04%
MCY	B	0.03%
AGM	F	0.03%
DFIN	D	0.03%
WSBC	D	0.03%
TRMK	D	0.03%
NATL	D	0.03%
FLYW	F	0.03%
EFSC	D	0.03%
BANC	C	0.03%
GSHD	B	0.03%
STC	C	0.03%
BANR	C	0.03%
PRG	C	0.03%
MQ	F	0.03%
OFG	D	0.03%
IBTX	D	0.03%
RNST	D	0.03%
EVTC	D	0.03%
BANF	D	0.03%
NBTB	D	0.03%
VCTR	C	0.03%
SBCF	D	0.03%
FRME	D	0.03%
PFS	D	0.03%
ENVA	C	0.03%
SNEX	C	0.03%
HTLF	C	0.03%
PPBI	D	0.03%
PLMR	D	0.03%
RKT	B	0.03%
CNS	C	0.03%
FFBC	D	0.03%
EFC	D	0.02%
CNNE	F	0.02%
SRCE	D	0.02%
ECPG	F	0.02%
GABC	D	0.02%
PMT	B	0.02%
EIG	B	0.02%
BHLB	D	0.02%
NIC	D	0.02%
QCRH	D	0.02%
SAFT	D	0.02%
VBTX	C	0.02%
RC	F	0.02%
SKWD	B	0.02%
LC	D	0.02%
WABC	F	0.02%
SASR	C	0.02%
NAVI	D	0.02%
LADR	D	0.02%
ARI	F	0.02%
LOB	C	0.02%
TCBK	D	0.02%
HMN	C	0.02%
VRTS	F	0.02%
CODI	D	0.02%
SPNT	D	0.02%
TRUP	D	0.02%
BUSE	D	0.02%
HOPE	D	0.02%
CUBI	F	0.02%
HTH	D	0.02%
FRHC	A	0.02%
STBA	D	0.02%
NBHC	D	0.02%
NNI	C	0.02%
NWBI	D	0.02%
SYBT	C	0.02%
FBNC	D	0.02%
CASH	D	0.02%
CHCO	D	0.02%
LKFN	D	0.02%
FCF	D	0.02%
FBK	D	0.02%
FFWM	F	0.01%
FFIC	D	0.01%
KRNY	D	0.01%
PAY	D	0.01%
HIFS	D	0.01%
WRLD	D	0.01%
CARE	C	0.01%
SMBK	C	0.01%
SPFI	D	0.01%
DHIL	C	0.01%
UFCS	D	0.01%
MPB	C	0.01%
PGC	D	0.01%
PX	B	0.01%
TIPT	C	0.01%
MSBI	D	0.01%
BHB	D	0.01%
CCBG	C	0.01%
NRDS	D	0.01%
MCB	C	0.01%
THFF	D	0.01%
NFBK	D	0.01%
CCNE	D	0.01%
HONE	D	0.01%
TRTX	D	0.01%
GDOT	C	0.01%
AROW	D	0.01%
IIIV	F	0.01%
AMBC	F	0.01%
AMAL	D	0.01%
WASH	D	0.01%
CASS	D	0.01%
EQBK	C	0.01%
SMBC	D	0.01%
GSBC	D	0.01%
LPRO	D	0.01%
CAC	C	0.01%
FMNB	D	0.01%
CCB	C	0.01%
BFST	C	0.01%
UVE	C	0.01%
IMXI	D	0.01%
HAFC	D	0.01%
HTBK	D	0.01%
EGBN	C	0.01%
EZPW	D	0.01%
AMTB	F	0.01%
PRA	C	0.01%
TRST	D	0.01%
TREE	C	0.01%
RPAY	F	0.01%
HBNC	D	0.01%
KREF	C	0.01%
IBCP	D	0.01%
MBWM	D	0.01%
BSIG	C	0.01%
BY	D	0.01%
FCBC	D	0.01%
CPF	C	0.01%
OSBC	D	0.01%
CFB	D	0.01%
TMP	D	0.01%
CTBI	D	0.01%
CFFN	D	0.01%
BRSP	D	0.01%
HFWA	D	0.01%
FMBH	D	0.01%
UVSP	D	0.01%
HCI	C	0.01%
UWMC	D	0.01%
PRAA	F	0.01%
CMTG	F	0.01%
PFC	D	0.01%
DCOM	C	0.01%
BRKL	D	0.01%
BFC	D	0.01%
CNOB	C	0.01%
DX	C	0.01%
MBIN	D	0.01%
SBSI	D	0.01%
AMSF	B	0.01%
LMND	F	0.01%
OBK	F	0.01%
RWT	C	0.01%
FBMS	C	0.01%
PEBO	D	0.01%
OCFC	C	0.01%
PFBC	D	0.01%
RILY	F	0.0%
AC	B	0.0%
DGICA	B	0.0%
JRVR	F	0.0%
HMST	B	0.0%
BMRC	D	0.0%
ACRE	D	0.0%

VFH Underweight 106 Positions Relative to QUAL

Symbol	Grade	Weight
NVDA	C	-5.94%
AAPL	C	-5.53%
MSFT	C	-4.66%
META	A	-4.2%
LLY	D	-4.04%
UNH	B	-2.77%
COST	C	-2.5%
JNJ	C	-2.26%
TJX	C	-1.99%
ADBE	F	-1.81%
GOOGL	C	-1.69%
KO	B	-1.67%
ACN	B	-1.66%
NKE	D	-1.64%
COP	D	-1.62%
ADP	A	-1.61%
CSCO	A	-1.61%
NFLX	C	-1.52%
GOOG	C	-1.48%
CAT	A	-1.43%
AMAT	D	-1.42%
TXN	C	-1.4%
CMG	C	-1.24%
QCOM	D	-1.23%
LIN	B	-1.22%
PEP	D	-1.19%
LMT	A	-1.18%
KLAC	D	-0.98%
SLB	F	-0.88%
LRCX	F	-0.86%
SRE	A	-0.84%
DHI	B	-0.83%
PLD	D	-0.79%
ANET	B	-0.74%
ITW	B	-0.71%
PEG	A	-0.69%
VRTX	D	-0.62%
PSA	C	-0.59%
SHW	B	-0.58%
LULU	D	-0.58%
CTAS	C	-0.57%
ZTS	B	-0.57%
NVR	A	-0.56%
CDNS	D	-0.55%
MMM	B	-0.54%
ED	A	-0.54%
GWW	A	-0.52%
SNPS	F	-0.5%
CME	A	-0.5%
PHM	A	-0.48%
PAYX	A	-0.46%
APH	D	-0.46%
DECK	C	-0.45%
TSCO	A	-0.45%
GRMN	D	-0.41%
TPL	B	-0.38%
ATO	A	-0.38%
FAST	C	-0.37%
IDXX	D	-0.36%
ULTA	D	-0.35%
WSM	C	-0.34%
APD	C	-0.33%
CBRE	A	-0.33%
BBY	B	-0.32%
ODFL	D	-0.31%
MPWR	C	-0.29%
CSGP	F	-0.28%
FERG	F	-0.28%
AVB	C	-0.24%
EW	F	-0.24%
POOL	B	-0.23%
A	B	-0.23%
NTAP	D	-0.22%
VLTO	C	-0.22%
APA	F	-0.21%
ROK	D	-0.21%
MNST	D	-0.21%
MANH	C	-0.2%
EQT	C	-0.19%
RMD	C	-0.18%
EA	D	-0.18%
EQR	C	-0.18%
HSY	D	-0.17%
VEEV	C	-0.16%
PPG	D	-0.16%
KEYS	C	-0.16%
SMCI	F	-0.14%
EME	C	-0.14%
EXPD	B	-0.13%
WAT	B	-0.13%
ROL	B	-0.12%
WST	D	-0.12%
GGG	B	-0.11%
OMC	A	-0.11%
MOH	D	-0.11%
ENPH	D	-0.11%
WSO	B	-0.11%
AVY	B	-0.09%
PKG	A	-0.09%
AOS	B	-0.08%
UTHR	B	-0.08%
RS	D	-0.08%
IPG	C	-0.06%
PAYC	D	-0.06%
SOLV	D	-0.05%
WBA	F	-0.03%