VOE vs. LVOL ETF Comparison

Comparison of Vanguard Mid-Cap Value ETF - DNQ (VOE) to American Century Low Volatility ETF (LVOL)

VOE

Vanguard Mid-Cap Value ETF - DNQ

VOE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Value Index, a broadly diversified index of value stocks of mid-size U.S. companies. 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.

Grade (RS Rating)

Last Trade

$167.02

Average Daily Volume

237,685

Number of Holdings ^*

184

* may have additional holdings in another (foreign) market

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$53.85

Average Daily Volume

266

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VOE	LVOL
30 Days	4.87%	2.05%
60 Days	7.00%	3.58%
90 Days	10.64%	4.60%
12 Months	25.88%	20.58%

18 Overlapping Holdings

Symbol	Grade	Weight in VOE	Weight in LVOL	Overlap
AJG	D	1.44%	0.1%	0.1%
AMP	A	1.01%	0.56%	0.56%
AVB	B	0.72%	0.06%	0.06%
AVY	C	0.4%	0.2%	0.2%
CDW	D	0.68%	0.11%	0.11%
CMI	C	0.96%	0.99%	0.96%
CTSH	C	0.87%	1.45%	0.87%
DOV	B	0.58%	0.76%	0.58%
EA	D	0.91%	0.69%	0.69%
GRMN	D	0.63%	0.32%	0.32%
HIG	B	0.77%	0.66%	0.66%
HOLX	B	0.43%	0.22%	0.22%
MAS	B	0.39%	0.19%	0.19%
NTAP	D	0.56%	0.28%	0.28%
OTIS	C	0.86%	0.36%	0.36%
PKG	B	0.42%	0.22%	0.22%
SNA	C	0.34%	0.32%	0.32%
ZBH	F	0.53%	0.17%	0.17%

VOE Overweight 166 Positions Relative to LVOL

Symbol	Grade	Weight
CARR	B	1.4%
NEM	B	1.39%
DHI	B	1.26%
OKE	B	1.21%
PCG	C	1.16%
PCAR	D	1.13%
ALL	B	1.12%
URI	B	1.11%
DLR	B	1.1%
FIS	B	1.03%
LHX	C	1.01%
PRU	C	0.98%
LEN	B	0.97%
KVUE	C	0.95%
CNC	D	0.95%
GIS	B	0.92%
PEG	B	0.91%
ACGL	C	0.91%
CTVA	B	0.89%
EXC	C	0.86%
DOW	D	0.85%
GEHC	C	0.83%
NUE	F	0.82%
CBRE	A	0.8%
VICI	C	0.79%
ED	C	0.79%
BKR	C	0.79%
KR	C	0.78%
DFS	B	0.78%
XEL	B	0.77%
HPQ	D	0.76%
NDAQ	A	0.75%
IRM	C	0.75%
EIX	C	0.75%
GLW	C	0.73%
DD	B	0.71%
PPG	D	0.69%
ADM	D	0.68%
BIIB	F	0.67%
WTW	C	0.67%
EBAY	B	0.67%
WAB	B	0.67%
FITB	B	0.66%
WEC	C	0.66%
MTB	B	0.65%
GPN	D	0.64%
AWK	B	0.63%
WMB	B	0.63%
DAL	C	0.62%
CAH	C	0.62%
GEV	B	0.62%
PHM	B	0.62%
KEYS	C	0.61%
EQR	B	0.61%
IFF	B	0.6%
FTV	C	0.59%
AIG	D	0.58%
LYB	D	0.58%
ETR	B	0.58%
SPG	B	0.58%
VTR	C	0.57%
HPE	D	0.57%
STT	A	0.56%
JCI	B	0.55%
FE	C	0.54%
PPL	C	0.53%
ES	C	0.53%
TROW	D	0.53%
DTE	C	0.52%
K	B	0.5%
WY	C	0.5%
RJF	C	0.5%
CBOE	C	0.49%
HBAN	B	0.49%
AEE	C	0.49%
WDC	D	0.48%
CINF	B	0.48%
RF	B	0.48%
ARE	C	0.47%
CMS	C	0.46%
KMI	B	0.46%
BALL	C	0.45%
GPC	D	0.45%
MKC	C	0.45%
LNG	C	0.45%
SYF	C	0.45%
BAX	C	0.44%
ESS	B	0.44%
SYY	D	0.44%
BBY	C	0.44%
OMC	B	0.44%
CLX	C	0.44%
J	C	0.43%
MAA	B	0.43%
PFG	B	0.43%
IR	C	0.42%
CFG	C	0.42%
DRI	B	0.42%
DG	F	0.41%
TSN	C	0.41%
AVTR	B	0.4%
SWKS	D	0.4%
NTRS	A	0.4%
ZBRA	B	0.4%
WRB	C	0.39%
LUV	C	0.39%
TXT	D	0.39%
EXPD	C	0.39%
DGX	B	0.39%
CNP	C	0.39%
DLTR	F	0.39%
D	C	0.38%
IP	B	0.38%
EG	C	0.38%
SSNC	B	0.36%
KEY	B	0.36%
L	C	0.35%
WBD	D	0.35%
ROK	D	0.35%
SWK	B	0.35%
CAG	C	0.34%
LNT	B	0.34%
CF	C	0.34%
FNF	B	0.34%
UAL	C	0.33%
VST	C	0.33%
NWSA	D	0.32%
CE	F	0.32%
VTRS	D	0.32%
NVR	B	0.31%
WPC	C	0.3%
HAL	F	0.28%
STE	C	0.27%
FOXA	B	0.26%
RPRX	C	0.25%
LDOS	B	0.24%
HUBB	B	0.24%
CPB	C	0.22%
HRL	C	0.22%
MKL	C	0.22%
TRU	B	0.21%
MGM	F	0.2%
STLD	F	0.2%
DOC	C	0.18%
MRO	C	0.18%
ZM	C	0.18%
UDR	C	0.17%
NI	B	0.17%
AKAM	D	0.17%
TRMB	C	0.16%
CRBG	D	0.16%
EVRG	B	0.15%
AES	C	0.14%
HST	C	0.14%
BEN	F	0.14%
WBA	F	0.14%
SJM	C	0.13%
LEN	B	0.07%
FOX	B	0.06%
AGR	B	0.06%
WLK	D	0.06%
EDR	A	0.04%
RKT	C	0.03%
SIRI	C	0.01%
NWS	D	0.0%
LSXMK	D	0.0%

VOE Underweight 80 Positions Relative to LVOL

Symbol	Grade	Weight
MSFT	C	-8.08%
AAPL	C	-6.71%
V	C	-3.09%
JNJ	C	-2.92%
PG	C	-2.79%
ACN	C	-2.59%
CSCO	C	-2.52%
BRK.A	C	-2.48%
HD	B	-2.42%
MA	B	-2.41%
LIN	B	-2.34%
COST	B	-2.06%
AMZN	C	-2.05%
GOOGL	D	-2.03%
MMC	C	-1.96%
KO	C	-1.96%
MDT	C	-1.88%
MRK	D	-1.85%
CTAS	B	-1.76%
APH	D	-1.75%
TEL	D	-1.67%
SPGI	B	-1.48%
INTU	C	-1.46%
ABT	C	-1.4%
PEP	C	-1.39%
PAYX	C	-1.26%
DOX	C	-1.26%
MCD	B	-1.25%
HON	D	-1.21%
CB	B	-1.2%
BSX	B	-1.07%
CL	D	-1.02%
RSG	D	-1.02%
SHW	B	-1.0%
GD	B	-0.96%
PTC	D	-0.94%
WM	D	-0.89%
MCO	B	-0.88%
ECL	B	-0.86%
MSI	B	-0.81%
ROP	C	-0.77%
ITW	C	-0.76%
SYK	C	-0.69%
GOOG	D	-0.68%
ADSK	C	-0.68%
IBM	B	-0.63%
TDY	B	-0.62%
NDSN	C	-0.56%
KMB	D	-0.56%
TRV	C	-0.5%
FAST	C	-0.48%
GWW	B	-0.47%
IT	B	-0.45%
VRSK	D	-0.45%
YUM	D	-0.44%
CMCSA	D	-0.38%
WMT	C	-0.35%
LOW	B	-0.29%
BR	D	-0.29%
BLK	B	-0.27%
MDLZ	B	-0.21%
DLB	D	-0.19%
VRSN	D	-0.19%
CRM	D	-0.18%
IEX	D	-0.17%
FDS	C	-0.17%
JKHY	B	-0.15%
LLY	C	-0.15%
FFIV	B	-0.14%
ORLY	C	-0.13%
ABBV	C	-0.1%
CW	B	-0.1%
AON	B	-0.1%
AXP	B	-0.09%
CHE	C	-0.08%
GGG	C	-0.08%
DCI	C	-0.08%
LSTR	D	-0.08%
ITT	B	-0.08%
VLTO	C	-0.04%