The Vanguard Consumer Staples ETF (Ticker: VDC) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI US Investable Market Consumer Staples Index. The Index represents consumer staples sector companies in the MSCI US Investable Market 2500 Index (IMI), which represents an investable universe the US equity market. The Index is composed of companies that manufacturer and distributor of food, beverages, and tobacco, as well as producers of non-durable household goods and personal products. It also includes food and drug retailing companies as well as hypermarkets and consumer supercenters. Index constituents are reclassified annually according to Global Industry Classification Standards (GICS).