VFH vs. XLF ETF Comparison

Comparison of Vanguard Financials ETF - DNQ (VFH) to SPDR Select Sector Fund - Financial (XLF)

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

$110.72

Average Daily Volume

304,483

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.66

Average Daily Volume

38,936,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFH	XLF
30 Days	4.16%	4.25%
60 Days	5.12%	5.96%
90 Days	11.07%	10.91%
12 Months	37.23%	36.32%

69 Overlapping Holdings

Symbol	Grade	Weight in VFH	Weight in XLF	Overlap
ACGL	B	0.59%	0.68%	0.59%
AFL	C	0.82%	0.91%	0.82%
AIG	D	0.71%	0.79%	0.71%
AIZ	B	0.14%	0.16%	0.14%
AJG	D	0.88%	1.05%	0.88%
ALL	B	0.69%	0.81%	0.69%
AMP	B	0.62%	0.71%	0.62%
AON	B	0.93%	1.23%	0.93%
AXP	B	2.06%	2.39%	2.06%
BAC	D	3.97%	4.27%	3.97%
BEN	F	0.08%	0.1%	0.08%
BK	A	0.7%	0.83%	0.7%
BLK	B	1.85%	2.01%	1.85%
BRK.A	C	8.72%	13.18%	8.72%
BRO	C	0.35%	0.4%	0.35%
BX	B	1.41%	1.76%	1.41%
C	D	1.65%	1.79%	1.65%
CB	B	1.52%	1.91%	1.52%
CBOE	C	0.3%	0.36%	0.3%
CFG	C	0.27%	0.3%	0.27%
CINF	C	0.3%	0.34%	0.3%
COF	A	0.78%	0.86%	0.78%
CPAY	C	0.29%	0.35%	0.29%
DFS	B	0.48%	0.53%	0.48%
EG	C	0.24%	0.27%	0.24%
FDS	C	0.22%	0.28%	0.22%
FIS	B	0.63%	0.76%	0.63%
FITB	B	0.4%	0.47%	0.4%
GL	C	0.13%	0.14%	0.13%
GPN	D	0.39%	0.46%	0.39%
GS	C	2.28%	2.51%	2.28%
HBAN	B	0.3%	0.34%	0.3%
HIG	B	0.48%	0.55%	0.48%
ICE	C	1.28%	1.5%	1.28%
IVZ	B	0.08%	0.12%	0.08%
JKHY	C	0.17%	0.21%	0.17%
JPM	D	8.94%	9.54%	8.94%
KEY	B	0.22%	0.25%	0.22%
KKR	A	1.06%	1.33%	1.06%
L	D	0.21%	0.23%	0.21%
MA	B	5.55%	6.58%	5.55%
MCO	A	1.11%	1.21%	1.11%
MET	A	0.65%	0.74%	0.65%
MKTX	C	0.13%	0.16%	0.13%
MMC	C	1.55%	1.84%	1.55%
MS	C	1.75%	2.0%	1.75%
MSCI	C	0.64%	0.72%	0.64%
MTB	A	0.4%	0.46%	0.4%
NDAQ	A	0.43%	0.49%	0.43%
NTRS	B	0.26%	0.29%	0.26%
PFG	B	0.26%	0.28%	0.26%
PGR	A	2.04%	2.44%	2.04%
PNC	A	1.02%	1.14%	1.02%
PRU	C	0.6%	0.68%	0.6%
PYPL	B	1.0%	1.19%	1.0%
RF	B	0.3%	0.33%	0.3%
RJF	C	0.33%	0.36%	0.33%
SCHW	D	1.36%	1.51%	1.36%
SPGI	A	2.27%	2.71%	2.27%
STT	B	0.36%	0.41%	0.36%
SYF	C	0.28%	0.31%	0.28%
TFC	D	0.82%	0.91%	0.82%
TROW	D	0.33%	0.38%	0.33%
TRV	B	0.72%	0.88%	0.72%
USB	B	1.02%	1.13%	1.02%
V	C	4.12%	7.36%	4.12%
WFC	D	2.82%	2.99%	2.82%
WRB	C	0.25%	0.29%	0.25%
WTW	C	0.41%	0.48%	0.41%

VFH Overweight 304 Positions Relative to XLF

Symbol	Grade	Weight
APO	B	0.64%
SQ	D	0.51%
COIN	F	0.48%
ARES	A	0.38%
FCNCA	D	0.29%
MKL	C	0.29%
LPLA	F	0.23%
FNF	B	0.21%
RGA	B	0.2%
RNR	B	0.19%
TW	B	0.19%
EQH	C	0.19%
ERIE	B	0.18%
IBKR	A	0.18%
EWBC	D	0.16%
ALLY	D	0.16%
UNM	B	0.15%
HOOD	C	0.15%
KNSL	C	0.15%
JEF	B	0.14%
AFRM	C	0.14%
SF	A	0.13%
PRI	B	0.13%
FHN	D	0.13%
ORI	B	0.13%
CG	D	0.13%
AFG	B	0.13%
WAL	B	0.12%
MORN	B	0.12%
EVR	A	0.12%
TOST	A	0.12%
PNFP	A	0.11%
CBSH	D	0.11%
SOFI	C	0.11%
WEX	C	0.11%
CRBG	D	0.11%
WBS	D	0.11%
HLI	A	0.11%
OWL	C	0.11%
JXN	B	0.1%
CFR	C	0.1%
PB	B	0.1%
VOYA	B	0.1%
WTFC	C	0.1%
ZION	D	0.1%
SSB	B	0.1%
BPOP	C	0.1%
AGNC	B	0.1%
SEIC	C	0.1%
CMA	A	0.1%
STWD	B	0.09%
RLI	B	0.09%
ONB	C	0.09%
AXS	B	0.09%
RYAN	C	0.09%
FAF	C	0.09%
SNV	C	0.09%
MTG	B	0.09%
ESNT	B	0.09%
LNC	D	0.08%
RDN	C	0.08%
SIGI	D	0.08%
AMG	C	0.08%
HLNE	A	0.08%
CADE	C	0.08%
OMF	D	0.08%
COOP	C	0.08%
MC	B	0.07%
WTM	D	0.07%
UMBF	B	0.07%
PIPR	A	0.07%
JHG	B	0.07%
UBSI	C	0.07%
THG	C	0.07%
COLB	B	0.07%
HOMB	C	0.07%
GBCI	B	0.07%
FNB	D	0.07%
KMPR	D	0.06%
ABCB	B	0.06%
AGO	C	0.06%
WU	D	0.06%
SFBS	B	0.06%
SLM	D	0.06%
FFIN	B	0.06%
OZK	D	0.06%
HWC	D	0.06%
FOUR	C	0.06%
EEFT	D	0.06%
PFSI	C	0.06%
EBC	B	0.05%
WSFS	D	0.05%
ASB	D	0.05%
FULT	D	0.05%
IBOC	D	0.05%
AUB	D	0.05%
FBP	C	0.05%
BGC	B	0.05%
WD	B	0.05%
UCBI	B	0.05%
HASI	C	0.05%
AX	D	0.05%
TPG	B	0.05%
VLY	C	0.05%
CNO	A	0.05%
ESGR	D	0.05%
VIRT	C	0.04%
ABR	B	0.04%
CVBF	D	0.04%
TOWN	B	0.04%
TBBK	B	0.04%
BOH	D	0.04%
SFNC	C	0.04%
INDB	C	0.04%
FHI	B	0.04%
PJT	B	0.04%
PRK	C	0.04%
BKU	D	0.04%
BHF	D	0.04%
APAM	C	0.04%
FIBK	C	0.04%
OSCR	C	0.04%
WAFD	C	0.04%
CATY	C	0.04%
BXMT	C	0.04%
GNW	B	0.04%
BOKF	B	0.04%
CACC	F	0.04%
TCBI	B	0.04%
FHB	D	0.04%
NMIH	C	0.04%
UPST	C	0.04%
STEP	B	0.04%
CBU	D	0.04%
MCY	D	0.03%
AGM	D	0.03%
DFIN	C	0.03%
WSBC	D	0.03%
TRMK	D	0.03%
NATL	D	0.03%
FLYW	F	0.03%
EFSC	C	0.03%
BANC	B	0.03%
GSHD	C	0.03%
STC	B	0.03%
BANR	A	0.03%
PRG	B	0.03%
MQ	F	0.03%
OFG	C	0.03%
IBTX	C	0.03%
RNST	D	0.03%
EVTC	F	0.03%
BANF	B	0.03%
NBTB	D	0.03%
VCTR	B	0.03%
SBCF	C	0.03%
FRME	D	0.03%
PFS	C	0.03%
ENVA	C	0.03%
SNEX	B	0.03%
HTLF	B	0.03%
PPBI	D	0.03%
PLMR	C	0.03%
RKT	C	0.03%
CNS	B	0.03%
FFBC	D	0.03%
EFC	C	0.02%
CNNE	D	0.02%
SRCE	D	0.02%
ECPG	D	0.02%
GABC	C	0.02%
PMT	C	0.02%
EIG	C	0.02%
BHLB	C	0.02%
NIC	C	0.02%
QCRH	C	0.02%
SAFT	D	0.02%
VBTX	B	0.02%
RC	D	0.02%
SKWD	C	0.02%
LC	D	0.02%
WABC	D	0.02%
SASR	C	0.02%
NAVI	C	0.02%
LADR	C	0.02%
ARI	F	0.02%
LOB	B	0.02%
TCBK	D	0.02%
HMN	D	0.02%
VRTS	D	0.02%
CODI	D	0.02%
SPNT	C	0.02%
TRUP	C	0.02%
BUSE	C	0.02%
HOPE	C	0.02%
CUBI	F	0.02%
HTH	C	0.02%
FRHC	B	0.02%
STBA	C	0.02%
NBHC	D	0.02%
NNI	B	0.02%
NWBI	C	0.02%
SYBT	B	0.02%
FBNC	C	0.02%
CASH	B	0.02%
CHCO	C	0.02%
LKFN	C	0.02%
FCF	C	0.02%
FBK	C	0.02%
FFWM	D	0.01%
FFIC	C	0.01%
KRNY	C	0.01%
PAY	C	0.01%
HIFS	B	0.01%
WRLD	D	0.01%
CARE	B	0.01%
SMBK	B	0.01%
SPFI	B	0.01%
DHIL	C	0.01%
UFCS	D	0.01%
MPB	B	0.01%
PGC	C	0.01%
PX	C	0.01%
TIPT	C	0.01%
MSBI	D	0.01%
BHB	C	0.01%
CCBG	B	0.01%
NRDS	F	0.01%
MCB	C	0.01%
THFF	C	0.01%
NFBK	C	0.01%
CCNE	C	0.01%
HONE	C	0.01%
TRTX	D	0.01%
GDOT	C	0.01%
AROW	D	0.01%
IIIV	D	0.01%
AMBC	F	0.01%
AMAL	C	0.01%
WASH	C	0.01%
CASS	D	0.01%
EQBK	B	0.01%
SMBC	C	0.01%
GSBC	D	0.01%
LPRO	D	0.01%
CAC	C	0.01%
FMNB	C	0.01%
CCB	C	0.01%
BFST	C	0.01%
UVE	C	0.01%
IMXI	D	0.01%
HAFC	C	0.01%
HTBK	C	0.01%
EGBN	C	0.01%
EZPW	D	0.01%
AMTB	D	0.01%
PRA	C	0.01%
TRST	C	0.01%
TREE	B	0.01%
RPAY	D	0.01%
HBNC	C	0.01%
KREF	B	0.01%
IBCP	C	0.01%
MBWM	D	0.01%
BSIG	C	0.01%
BY	D	0.01%
FCBC	B	0.01%
CPF	C	0.01%
OSBC	D	0.01%
CFB	D	0.01%
TMP	D	0.01%
CTBI	C	0.01%
CFFN	D	0.01%
BRSP	D	0.01%
HFWA	C	0.01%
FMBH	B	0.01%
UVSP	B	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	C	0.01%
BFC	C	0.01%
CNOB	C	0.01%
DX	B	0.01%
MBIN	D	0.01%
SBSI	C	0.01%
AMSF	C	0.01%
LMND	D	0.01%
OBK	D	0.01%
RWT	B	0.01%
FBMS	B	0.01%
PEBO	D	0.01%
OCFC	C	0.01%
PFBC	D	0.01%
RILY	F	0.0%
AC	C	0.0%
DGICA	D	0.0%
JRVR	F	0.0%
HMST	C	0.0%
BMRC	C	0.0%
ACRE	D	0.0%

VFH Underweight 1 Positions Relative to XLF

	Symbol	Grade	Weight
	CME	C	-1.27%