VNQ vs. DBND ETF Comparison

Comparison of Vanguard REIT ETF - DNQ (VNQ) to DoubleLine Opportunistic Bond ETF (DBND)

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the 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.

Grade (RS Rating)

Last Trade

$97.83

Average Daily Volume

3,920,388

Number of Holdings ^*

143

* may have additional holdings in another (foreign) market

DBND

DoubleLine Opportunistic Bond ETF

DBND Description

Under normal circumstances, the Advisor intends to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income instruments or other investments with economic characteristics similar to fixed income instruments. It may invest in fixed income instruments of any credit quality, including those that are at the time of investment unrated or rated BB+ or lower by S&P or Ba1 or lower by Moody?s or the equivalent by any other nationally recognized statistical rating organization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.39

Average Daily Volume

37,336

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VNQ	DBND
30 Days	6.59%	1.69%
60 Days	10.55%	3.95%
90 Days	18.65%	4.73%
12 Months	26.94%	9.91%

2 Overlapping Holdings

	Symbol	Grade	Weight in VNQ	Weight in DBND	Overlap
	CCI	B	2.76%	0.38%	0.38%
	PK	D	0.18%	0.18%	0.18%

VNQ Overweight 141 Positions Relative to DBND

Symbol	Grade	Weight
PLD	C	6.7%
AMT	C	5.93%
EQIX	B	4.37%
WELL	B	4.0%
SPG	B	3.09%
PSA	B	3.08%
O	B	3.06%
DLR	B	2.79%
EXR	B	2.12%
CBRE	A	2.0%
IRM	B	1.88%
VICI	C	1.82%
AVB	B	1.82%
CSGP	D	1.79%
EQR	B	1.45%
VTR	C	1.42%
SBAC	C	1.38%
INVH	C	1.28%
WY	C	1.26%
ESS	B	1.1%
ARE	B	1.07%
MAA	B	1.07%
SUI	B	0.95%
KIM	B	0.89%
DOC	C	0.89%
GLPI	B	0.8%
UDR	B	0.79%
CPT	B	0.76%
AMH	C	0.74%
WPC	B	0.74%
ELS	C	0.73%
REG	C	0.72%
HST	D	0.71%
JLL	B	0.69%
CUBE	B	0.66%
BXP	B	0.64%
LAMR	A	0.63%
REXR	C	0.63%
OHI	A	0.55%
EGP	B	0.51%
FRT	C	0.49%
NNN	B	0.49%
Z	B	0.49%
BRX	B	0.47%
COLD	D	0.44%
FR	C	0.43%
ADC	C	0.42%
STAG	C	0.42%
TRNO	C	0.38%
RHP	D	0.34%
VNO	B	0.32%
EPRT	A	0.32%
KRG	B	0.32%
PECO	B	0.26%
IRT	B	0.26%
CUZ	B	0.25%
RYN	C	0.25%
CTRE	B	0.24%
SLG	B	0.24%
KRC	B	0.23%
SBRA	B	0.22%
MAC	B	0.2%
BNL	B	0.2%
PCH	C	0.2%
IIPR	B	0.2%
NHI	A	0.2%
EPR	B	0.2%
APLE	D	0.19%
SKT	B	0.19%
NSA	B	0.19%
HIW	B	0.19%
ZG	B	0.17%
CWK	B	0.17%
LXP	B	0.17%
FCPT	A	0.15%
DEI	B	0.15%
MPW	C	0.15%
HHH	C	0.14%
UE	B	0.14%
OUT	B	0.13%
AKR	C	0.13%
COMP	B	0.12%
JOE	C	0.12%
DBRG	D	0.12%
EQC	B	0.12%
ROIC	B	0.11%
NMRK	B	0.11%
IVT	B	0.11%
SHO	D	0.11%
GNL	B	0.1%
DRH	C	0.1%
ESRT	B	0.09%
LTC	B	0.09%
PEB	D	0.09%
GTY	B	0.09%
AAT	B	0.08%
ALEX	B	0.08%
XHR	C	0.08%
JBGS	B	0.08%
RLJ	D	0.08%
PDM	B	0.07%
AIV	B	0.07%
KW	C	0.07%
NTST	D	0.07%
OPEN	D	0.07%
DEA	B	0.07%
UMH	C	0.07%
PLYM	D	0.06%
MMI	C	0.06%
RDFN	C	0.06%
UNIT	C	0.06%
NXRT	B	0.06%
CSR	B	0.06%
AHH	B	0.05%
PGRE	C	0.05%
EXPI	C	0.05%
BDN	B	0.05%
FOR	C	0.04%
HPP	D	0.04%
INN	C	0.04%
SVC	F	0.04%
OLP	B	0.03%
LAND	C	0.03%
FPI	D	0.03%
PKST	C	0.03%
CHCT	F	0.03%
ALX	B	0.03%
BFS	C	0.03%
WSR	D	0.03%
GMRE	C	0.03%
DHC	B	0.03%
UHT	B	0.03%
GOOD	B	0.03%
CBL	D	0.02%
TRC	C	0.02%
RMR	C	0.02%
CLDT	D	0.02%
OPI	F	0.01%
SRG	F	0.01%
NXDT	C	0.01%
CIO	B	0.01%

VNQ Underweight 51 Positions Relative to DBND

Symbol	Grade	Weight
UPST	C	-1.79%
COMM	B	-0.77%
BNS	A	-0.68%
GS	D	-0.66%
JPM	D	-0.62%
ABBV	C	-0.61%
DLTR	F	-0.59%
BAC	D	-0.56%
DFS	C	-0.49%
T	B	-0.48%
CVS	D	-0.42%
BMO	C	-0.38%
MAR	C	-0.38%
CMCSA	D	-0.38%
OC	C	-0.37%
NTAP	D	-0.37%
SO	B	-0.36%
BA	F	-0.35%
KMI	A	-0.35%
ARCC	C	-0.35%
MO	C	-0.34%
DKS	D	-0.34%
GM	B	-0.34%
SYY	D	-0.33%
RPRX	C	-0.32%
EXPE	C	-0.3%
ORCL	B	-0.3%
WTW	B	-0.29%
HCA	B	-0.29%
CCL	C	-0.26%
AAL	D	-0.19%
COTY	F	-0.19%
PENN	D	-0.19%
PFGC	B	-0.19%
POST	C	-0.18%
GFF	C	-0.18%
MODV	F	-0.18%
SPH	F	-0.18%
UAL	B	-0.18%
PCG	C	-0.18%
NRG	C	-0.17%
VSCO	C	-0.17%
CHTR	D	-0.17%
CACC	D	-0.16%
UBER	C	-0.16%
BALY	B	-0.16%
SSP	F	-0.16%
OMI	D	-0.16%
OMF	C	-0.16%
GPOR	C	-0.16%
EXC	B	-0.09%