Medalist Exchange-Traded Funds Fixed Income Annualized Total Return % Name Morningstar Category Morningstar Analyst Rating Morningstar Fee Level Morningstar Rating 1Yr 3Yr 5Yr Assets $Bil Vanguard Interm-Term Corp Bd VCIT Corporate Bond * Low QQQQ 9.58 6.49 4.69 42.91 Vanguard Total Corporate Bond VTC Corporate Bond * Low QQQ 7.88 6.03 - 0.80 iShares JP Morgan USD Em Mkts Bd EMB Emerging Markets Bond * Low QQQQ 15.62 3.59 4.48 18.42 VanEck Vectors JP Morgan EM LC Bd EMLC Emerging Mkts Lcl-Currncy ´ Low QQQ 12.69 -1.88 1.96 3.25 iShares Broad USD High Yield Corp Bd USHY High Yield Bond ´ Low QQQQ 22.81 6.45 - 7.43 iShares TIPS Bond TIP Inflation-Protected Bond ´ Low QQQQ 7.25 5.49 3.70 26.33 PIMCO 1-5 Year US TIPS STPZ Inflation-Protected Bond ´ Low QQ 7.44 3.84 2.58 0.84 Schwab US TIPS SCHP Inflation-Protected Bond Œ Low QQQQ 7.48 5.62 3.80 16.79 SPDR Portfolio TIPS SPIP Inflation-Protected Bond ´ Low QQQQ 7.34 5.66 3.82 2.46 Vanguard Short-Term Infl-Prot Secs VTIP Inflation-Protected Bond Œ Low QQ 6.87 3.73 2.61 12.39 Fidelity Total Bond FBND Interm Core-Plus Bond Œ Low QQQQ 6.37 5.63 4.55 1.79 Hartford Total Return Bond HTRB Interm Core-Plus Bond ´ Low QQQQ 6.08 5.52 - 0.95 Invesco Total Return Bond GTO Interm Core-Plus Bond ´ Below Avg QQQQQ 9.62 6.47 5.95 0.66 iShares Core Total USD Bond Market IUSB Interm Core-Plus Bond Œ Low QQQ 3.00 4.83 3.51 12.30 * Average QQQ 4.63 4.94 3.86 4.16 4.60 3.05 85.66 PIMCO Active Bond BOND Interm Core-Plus Bond iShares Core US Aggregate Bond AGG Intermediate Core Bond Œ Low QQQ 0.70 iShares ESG U.S. Aggregate Bond EAGG Intermediate Core Bond * Low - 0.57 - - 1.20 Schwab US Aggregate Bond SCHZ Intermediate Core Bond * Low QQQ 0.49 4.58 3.01 8.62 SPDR Portfolio Aggregate Bond SPAB Intermediate Core Bond Œ Low QQQ 0.73 4.57 3.02 5.60 Vanguard Interm-Term Bond BIV Intermediate Core Bond * Low QQQQQ 2.01 5.69 3.49 14.27 Vanguard Total Bond Market BND Intermediate Core Bond Œ Low QQQ 0.53 4.66 3.07 71.74 iShares US Treasury Bond GOVT Intermediate Government ´ Low QQQ -4.82 3.97 2.10 14.48 Vanguard Intmdt-Term Trs VGIT Intermediate Government * Low QQQQQ -2.40 4.44 2.28 7.24 Vanguard Mortgage-Backed Secs VMBS Intermediate Government * Low QQQQ -0.55 3.62 2.32 13.79 iShares 10+ Year Invmt Grd Corp Bd IGLB Long-Term Bond * Low QQ Vanguard Long-Term Bond BLV Long-Term Bond Œ Low Vanguard Long-Term Corporate Bd VCLT Long-Term Bond Œ Low JPMorgan International Bond Opps JPIB Multisector Bond ´ Low QQQQ iShares National Muni Bond MUB Muni National Interm * Low Vanguard Tax-Exempt Bond VTEB Muni National Interm Œ Invesco National AMT-Free Muni Bd PZA Muni National Long iShares Short-Term National Muni Bd SUB 9.82 7.35 6.52 2.54 QQQ -2.09 7.17 5.42 5.03 QQQ 8.48 7.55 6.72 5.49 12.08 4.95 - 0.27 QQQ 4.65 4.54 3.08 21.47 Low QQQ 4.93 4.71 3.30 11.71 ´ Low QQQQ 5.00 4.92 3.81 2.29 Muni National Short * Low QQQ 2.51 2.27 1.45 4.60 Schwab Short-Term US Treasury SCHO Short Government * Low QQQ 0.20 2.74 1.65 7.53 Vanguard Short-Term Treasury VGSH Short Government Œ Low QQQ 0.36 2.75 1.67 10.10 Fidelity Limited Term Bond FLTB Short-Term Bond * Low QQQQ 6.01 4.04 2.70 0.29 iShares 1-5 Year invmt Grd Corp Bd IGSB Short-Term Bond * Low QQQQ 7.23 4.46 2.99 24.79 Vanguard Short-Term Bond BSV Short-Term Bond * Low QQQ 1.83 3.60 2.25 32.09 Vanguard Short-Term Corporate Bond VCSH Short-Term Bond Œ Low QQQQQ 6.98 4.31 3.08 38.02 morningstar.com/lp/magazine 29http://www.morningstar.com/lp/magazine