(ESGV) Vanguard ESG U.S. Stock ETF

Vanguard ESG U.S. Stock ETF seeks to track the performance of a benchmark index that measures the investment return of large-, mid-, and small-capitalization stocks of companies and is screened for certain environmental, social and corporate governance criteria.

• Seeks to track the performance of the FTSE US All Cap Choice Index.
• Market cap weighted index composed of large-, mid-, and small-capitalization stocks.
• Screened for certain environmental, social, and corporate governance (ESG) criteria.
• Specifically excludes stocks of certain companies related to the following: adult entertainment, alcohol, tobacco, cannabis, gambling, chemical and biological weapons, cluster munitions, anti-personnel landmines, nuclear weapons, conventional military weapons, civilian firearms, nuclear power, and coal, oil, or gas.
• Excludes stocks of companies that do not meet certain labor, human rights, environmental, and anti-corruption standards.
• Excludes companies that do not meet certain diversity criteria.
• Employs a passively managed, full-replication approach.

See Important note.

With respect to 75% of its total assets, the fund may not: (1) purchase more than 10% of the outstanding voting securities of any one issuer or (2) purchase securities of any issuer if, as a result, more than 5% of the fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.