VTWO vs. MMCA ETF Comparison

Comparison of Vanguard Russell 2000 ETF (VTWO) to IQ MacKay California Municipal Intermediate ETF (MMCA)
VTWO

Vanguard Russell 2000 ETF

VTWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 2000® Index. The index is designed to measure the performance of small-capitalization stocks in the United States. 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

$90.48

Average Daily Volume

2,377,165

Number of Holdings *

475

* may have additional holdings in another (foreign) market
MMCA

IQ MacKay California Municipal Intermediate ETF

MMCA Description IQ MacKay California Municipal Intermediate ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is co-managed by IndexIQ Advisors LLC and MacKay Shields LLC. The fund invests in fixed income markets of the United States. It invests in fixed income securities of California. It primarily invests in investment grade municipal securities that are rated BBB- or above by S&P. The fund seeks to maintain a dollar-weighted average duration of 3 to 8 years. It employs fundamental analysis with bottom-up securities picking approach to create its portfolio. IQ MacKay California Municipal Intermediate ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$21.78

Average Daily Volume

3,199

Number of Holdings *

1

* may have additional holdings in another (foreign) market
Performance
Period VTWO MMCA
30 Days 1.98% 0.99%
60 Days 1.27% 1.28%
90 Days 9.88% 1.32%
12 Months 22.66% 6.52%
0 Overlapping Holdings
Symbol Grade Weight in VTWO Weight in MMCA Overlap
VTWO Overweight 475 Positions Relative to MMCA
Symbol Grade Weight
INSM D 0.44%
SFM B 0.39%
PCVX B 0.33%
FN D 0.33%
FLR D 0.32%
ENSG C 0.31%
MLI B 0.3%
AIT C 0.29%
HALO B 0.29%
SPSC D 0.28%
LNTH C 0.27%
UFPI C 0.27%
SSB B 0.27%
ANF D 0.27%
CRS B 0.26%
TMHC B 0.26%
MTH B 0.26%
ESNT B 0.25%
HQY C 0.25%
CVLT B 0.25%
JXN B 0.25%
CYTK F 0.24%
RVMD C 0.24%
GKOS D 0.24%
NOVT D 0.24%
TRNO C 0.24%
BMI B 0.23%
RHP D 0.23%
CWST D 0.23%
CMC D 0.23%
ONB C 0.23%
VRNS C 0.23%
MOD C 0.23%
HLNE B 0.22%
CADE B 0.22%
CHX D 0.22%
COOP B 0.22%
BPMC D 0.22%
NSIT C 0.22%
OPCH C 0.21%
EPRT A 0.21%
MOG.A B 0.21%
MMS D 0.21%
KBH B 0.21%
KRG B 0.21%
FSS D 0.21%
CBT B 0.21%
BCPC C 0.21%
EXLS C 0.21%
BECN D 0.21%
ACIW B 0.2%
LUMN C 0.2%
IBP C 0.2%
AVAV D 0.2%
BCC C 0.2%
WTS C 0.2%
GBCI B 0.2%
TMDX C 0.2%
MUR D 0.2%
EXPO B 0.2%
RDN B 0.2%
MMSI B 0.2%
SIGI C 0.2%
DY B 0.19%
SKY B 0.19%
GATX D 0.19%
UBSI B 0.19%
ALTR C 0.19%
GTLS F 0.19%
SM D 0.19%
CSWI B 0.19%
HOMB B 0.19%
PIPR B 0.18%
RNA C 0.18%
FFIN B 0.18%
ALKS C 0.18%
KRYS D 0.18%
RMBS F 0.18%
TENB D 0.18%
POR B 0.18%
SUM C 0.18%
ABG F 0.18%
BCO B 0.18%
GPI B 0.18%
KNF B 0.17%
RUN C 0.17%
PECO B 0.17%
NJR B 0.17%
MARA F 0.17%
BOX B 0.17%
VRRM D 0.17%
UMBF B 0.17%
QLYS F 0.17%
HWC D 0.17%
FUL D 0.17%
IRT B 0.17%
ITRI C 0.17%
FELE C 0.17%
MATX C 0.17%
ZWS B 0.17%
MC B 0.17%
MHO B 0.16%
AUR C 0.16%
TDW F 0.16%
ITGR B 0.16%
MDGL F 0.16%
ASGN D 0.16%
ZETA B 0.16%
BDC B 0.16%
QTWO B 0.16%
RDNT B 0.16%
MGY C 0.16%
SWX C 0.16%
SLG B 0.16%
AVNT B 0.16%
ACA C 0.16%
CRDO D 0.16%
BBIO D 0.15%
SBRA B 0.15%
NOG D 0.15%
WK D 0.15%
AEIS D 0.15%
BOOT B 0.15%
ASO C 0.15%
ORA C 0.15%
CTRE B 0.15%
ABCB B 0.15%
BKH B 0.15%
ENS C 0.15%
SFBS B 0.15%
HRI C 0.15%
CRNX C 0.15%
ESGR D 0.15%
CNX A 0.15%
TPH C 0.15%
KTB B 0.15%
BGC B 0.14%
PTEN F 0.14%
ALE A 0.14%
PNM B 0.14%
EVH C 0.14%
PBH B 0.14%
DYN D 0.14%
CNO B 0.14%
VLY C 0.14%
SLAB D 0.14%
AEO D 0.14%
NEOG C 0.14%
KAI C 0.14%
FTDR B 0.14%
FORM F 0.14%
SHAK C 0.14%
TEX D 0.14%
HAE D 0.14%
KFY B 0.14%
AX D 0.14%
POWI F 0.14%
STNE F 0.14%
PI B 0.14%
SANM D 0.14%
VAL F 0.14%
SEM D 0.14%
OGS B 0.14%
WHD C 0.14%
ADMA B 0.14%
NPO C 0.13%
KTOS B 0.13%
NHI A 0.13%
FOLD D 0.13%
IBOC C 0.13%
ASB D 0.13%
NPAB D 0.13%
ATKR F 0.13%
HL C 0.13%
WD B 0.13%
BNL B 0.13%
BLKB B 0.13%
PCH C 0.13%
FULT C 0.13%
RIG F 0.13%
CVCO B 0.13%
MAC B 0.13%
CWAN A 0.13%
GMS C 0.13%
PLXS B 0.13%
PRMW A 0.13%
OTTR D 0.13%
IDCC B 0.13%
IIPR B 0.13%
LRN B 0.13%
FBP C 0.13%
AXNX B 0.13%
CBZ F 0.13%
PBF F 0.13%
ALIT D 0.13%
ICUI B 0.13%
AUB C 0.13%
OSCR B 0.13%
ACLS F 0.13%
SR B 0.13%
WDFC B 0.13%
SIG C 0.13%
ABM D 0.13%
STRL B 0.13%
CRC C 0.13%
HASI B 0.13%
UCBI B 0.13%
TCBI B 0.12%
AROC C 0.12%
SGBX F 0.12%
EAT B 0.12%
HP D 0.12%
MGEE B 0.12%
SYNA F 0.12%
DIOD F 0.12%
ENV C 0.12%
HCC F 0.12%
RUSHA C 0.12%
CBU C 0.12%
BXMT C 0.12%
CWT C 0.12%
SKT B 0.12%
IDYA F 0.12%
AXSM C 0.12%
NMIH B 0.12%
SHOO B 0.12%
EBC B 0.12%
UPST C 0.12%
SXT C 0.12%
WSFS C 0.12%
TGTX B 0.12%
APLE D 0.12%
GLNG D 0.12%
GVA B 0.12%
RXO D 0.12%
LBRT D 0.12%
MWA C 0.12%
LANC D 0.12%
TNET D 0.12%
STNG D 0.12%
PRCT B 0.12%
NWE A 0.12%
NSP D 0.12%
ROAD B 0.11%
CCS B 0.11%
SMTC C 0.11%
CRVL B 0.11%
HGV D 0.11%
ARWR F 0.11%
CORT B 0.11%
JBT D 0.11%
UNF B 0.11%
BL D 0.11%
RRR D 0.11%
BKU C 0.11%
SWTX F 0.11%
ALRM F 0.11%
IOSP D 0.11%
HUBG C 0.11%
SMPL D 0.11%
PFSI B 0.11%
PJT B 0.11%
LCII C 0.11%
STEP B 0.11%
AIN D 0.11%
REZI D 0.11%
CALM B 0.11%
IOVA D 0.11%
ATGE D 0.11%
ACLX B 0.11%
DORM B 0.11%
CWK B 0.11%
CEIX D 0.11%
BTU D 0.11%
LXP B 0.11%
PRIM C 0.11%
GH D 0.11%
CNK B 0.11%
AVA B 0.11%
AWR B 0.11%
GNW B 0.11%
DNLI B 0.11%
CATY B 0.11%
SKYW C 0.11%
CCOI C 0.11%
ICFI C 0.11%
ESE B 0.11%
DEI B 0.1%
RYTM B 0.1%
BOH C 0.1%
AGIO D 0.1%
JJSF C 0.1%
FCPT A 0.1%
FL D 0.1%
PRFT A 0.1%
APAM C 0.1%
CPK B 0.1%
GHC C 0.1%
TBBK B 0.1%
AMR F 0.1%
MGRC F 0.1%
SFNC B 0.1%
SITM B 0.1%
YOU B 0.1%
CLDX C 0.1%
INDB C 0.1%
PTCT C 0.1%
TRN C 0.1%
BUR D 0.1%
NUVL C 0.1%
OII D 0.1%
GERN D 0.1%
LIVN D 0.1%
SQSP A 0.1%
VC F 0.1%
ACVA B 0.1%
SLVM B 0.1%
PATK B 0.1%
HIMS D 0.1%
TNDM C 0.1%
SBCF C 0.09%
HI F 0.09%
ENR F 0.09%
URBN D 0.09%
TDS C 0.09%
VSTO B 0.09%
WERN D 0.09%
RPD F 0.09%
BRZE F 0.09%
IPAR D 0.09%
CPRX B 0.09%
HTLF B 0.09%
CLSK F 0.09%
KWR D 0.09%
BE F 0.09%
FRSH F 0.09%
MTRN D 0.09%
ARCH F 0.09%
KLIC D 0.09%
PFS B 0.09%
OSIS C 0.09%
VCYT B 0.09%
CDE C 0.09%
PLMR B 0.09%
FIBK B 0.09%
TOWN B 0.09%
CVBF C 0.09%
AZZ C 0.09%
TGNA C 0.09%
WAFD B 0.09%
HWKN B 0.09%
SGRY C 0.09%
CNS B 0.09%
DOCN B 0.09%
PPBI D 0.09%
MTX D 0.09%
GRBK B 0.09%
UFPT C 0.09%
MQ F 0.09%
TWST D 0.09%
PRGS C 0.09%
FFBC C 0.09%
AGYS D 0.09%
ABR B 0.09%
VCEL D 0.09%
ARCB D 0.09%
PTGX C 0.09%
GT F 0.09%
OUT B 0.09%
PLUS B 0.09%
HNI B 0.09%
PRK C 0.09%
UE B 0.09%
MYGN B 0.09%
VSH D 0.09%
IGT D 0.09%
GFF C 0.09%
CARG B 0.09%
OMCL C 0.08%
TRMK C 0.08%
BEAM F 0.08%
RIOT F 0.08%
BANR B 0.08%
KMT B 0.08%
PRVA D 0.08%
ADNT F 0.08%
UEC F 0.08%
ASTH B 0.08%
NATL D 0.08%
LAUR B 0.08%
NVCR D 0.08%
SXI C 0.08%
MRCY C 0.08%
PAGS F 0.08%
INSW D 0.08%
ADUS B 0.08%
VERX D 0.08%
NEO C 0.08%
MLKN D 0.08%
IBTX B 0.08%
SHO D 0.08%
BANF B 0.08%
ROCK D 0.08%
OFG C 0.08%
JOE C 0.08%
EQC B 0.08%
STRA D 0.08%
KYMR C 0.08%
NTLA F 0.08%
MIR D 0.08%
CSTM D 0.08%
PHIN B 0.08%
RKLB B 0.08%
CALX D 0.08%
FLYW F 0.08%
VGR C 0.08%
EVTC D 0.08%
IRTC F 0.08%
ZD D 0.08%
EPAC B 0.08%
VCTR B 0.08%
HBI B 0.08%
ENVA C 0.08%
PSMT B 0.08%
NBTB D 0.08%
LGIH C 0.08%
SATS B 0.08%
CNMD D 0.08%
AMBA C 0.08%
AIR C 0.08%
SNEX C 0.08%
AKR C 0.08%
FRME C 0.08%
KOS F 0.08%
NARI F 0.08%
YELP F 0.08%
WSBC D 0.07%
B D 0.07%
KAR D 0.07%
COMP B 0.07%
AMPH C 0.07%
GPOR C 0.07%
XPRO F 0.07%
NMRK B 0.07%
ROIC B 0.07%
VIAV D 0.07%
CAKE C 0.07%
ALG D 0.07%
VSAT F 0.07%
SJW C 0.07%
RXST C 0.07%
AI F 0.07%
RNST D 0.07%
GOLF F 0.07%
VRNT F 0.07%
EFSC B 0.07%
TTMI D 0.07%
HURN C 0.07%
OI D 0.07%
VECO F 0.07%
GSHD B 0.07%
BANC B 0.07%
EPC F 0.07%
EXTR C 0.07%
ACAD F 0.07%
PRG B 0.07%
PGNY F 0.07%
DBRG D 0.07%
CABO F 0.07%
STC B 0.07%
AMN F 0.07%
JOBY F 0.07%
THS C 0.07%
ROG D 0.07%
IVT B 0.07%
VTWO Underweight 1 Positions Relative to MMCA
Symbol Grade Weight
CASH B -0.06%
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