AFLG vs. LKOR ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.91

Average Daily Volume

8,990

Number of Holdings ^*

247

* may have additional holdings in another (foreign) market

LKOR

FlexShares Credit-Scored US Long Corporate Bond Index Fund

LKOR Description

Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund is an exchange traded fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in fixed income markets of the United States. It invests in US-dollar denominated investment grade bonds of companies rated BBB or higher by S&P or Fitch or Baa3 or higher by Moody's and with maturities greater than or equal to ten years. The fund seeks to track the performance of the Northern Trust Credit-Scored US Long Corporate Bond Index, by employing representative sampling methodology. Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund was formed on September 23, 2015 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.54

Average Daily Volume

9,377

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	LKOR
30 Days	1.83%	3.08%
60 Days	8.34%	3.88%
90 Days	6.55%	8.01%
12 Months	39.13%	24.21%

67 Overlapping Holdings

Symbol	Grade	Weight in AFLG	Weight in LKOR	Overlap
AAPL	C	7.26%	0.17%	0.17%
ABBV	A	0.97%	0.33%	0.33%
ACGL	A	0.21%	0.55%	0.21%
AFL	A	0.78%	0.12%	0.12%
AIG	F	0.28%	0.23%	0.23%
AIZ	A	0.15%	0.18%	0.15%
ALL	B	0.08%	0.04%	0.04%
AMZN	C	1.74%	0.18%	0.18%
AVGO	C	1.44%	0.2%	0.2%
BWA	B	0.04%	0.11%	0.04%
CAH	B	0.1%	0.31%	0.1%
CMCSA	B	0.55%	0.24%	0.24%
CSCO	A	0.42%	0.23%	0.23%
CVS	D	0.19%	0.36%	0.19%
EA	D	0.28%	0.09%	0.09%
EBAY	A	0.11%	0.18%	0.11%
ED	A	0.27%	0.29%	0.27%
EG	B	0.16%	0.2%	0.16%
EIX	A	0.24%	0.21%	0.21%
ELV	F	0.91%	0.1%	0.1%
FOXA	A	0.53%	0.24%	0.24%
GILD	A	0.55%	0.35%	0.35%
GOOGL	B	1.95%	0.12%	0.12%
GWW	A	0.17%	0.24%	0.17%
HIG	A	1.13%	0.2%	0.2%
HPQ	C	0.51%	0.24%	0.24%
HUM	F	0.19%	0.07%	0.07%
IBM	B	0.47%	0.23%	0.23%
IPG	C	0.08%	0.12%	0.08%
JNJ	D	0.77%	0.12%	0.12%
KLAC	B	0.14%	0.2%	0.14%
KMB	B	0.06%	0.26%	0.06%
KO	C	0.39%	0.19%	0.19%
LMT	A	0.38%	0.24%	0.24%
LOW	A	0.33%	0.25%	0.25%
LYB	D	0.08%	0.23%	0.08%
MA	A	0.21%	0.22%	0.21%
MAS	A	0.56%	0.11%	0.11%
MCK	F	0.42%	0.23%	0.23%
MCO	D	0.05%	0.12%	0.05%
MET	A	0.04%	0.14%	0.04%
MMM	C	0.62%	0.26%	0.26%
MO	D	0.94%	0.2%	0.2%
MRO	D	0.2%	0.22%	0.2%
MSFT	D	4.95%	0.1%	0.1%
NVDA	C	4.8%	0.21%	0.21%
OC	C	0.34%	0.11%	0.11%
PGR	C	0.75%	0.23%	0.23%
PM	C	0.34%	0.7%	0.34%
PRU	C	0.09%	0.11%	0.09%
RF	C	0.26%	0.28%	0.26%
RPM	A	0.11%	0.1%	0.1%
SCCO	B	0.14%	0.64%	0.14%
SHW	B	0.2%	0.21%	0.2%
SO	A	0.14%	0.11%	0.11%
SPGI	C	0.09%	0.16%	0.09%
T	A	0.18%	0.09%	0.09%
TEL	D	0.09%	0.28%	0.09%
TT	A	0.48%	0.12%	0.12%
UNH	B	0.27%	0.16%	0.16%
V	C	0.27%	0.4%	0.27%
VTR	C	0.21%	0.12%	0.12%
VZ	A	0.54%	0.18%	0.18%
WBA	F	0.04%	0.1%	0.04%
WELL	C	0.3%	0.12%	0.12%
WTW	B	0.05%	0.1%	0.05%
XOM	A	0.72%	0.12%	0.12%

AFLG Overweight 180 Positions Relative to LKOR

Symbol	Grade	Weight
BRK.A	C	1.58%
META	A	1.56%
UHS	D	1.12%
VST	A	1.12%
QCOM	D	1.01%
COST	C	0.92%
PG	C	0.89%
NRG	A	0.81%
RL	B	0.8%
MRK	F	0.75%
FICO	A	0.72%
CEG	B	0.7%
CTAS	B	0.69%
BK	C	0.69%
NTAP	D	0.66%
CL	D	0.66%
BSX	A	0.65%
RS	D	0.63%
NFLX	A	0.6%
CAT	A	0.6%
EME	C	0.59%
WMT	A	0.58%
PHM	A	0.58%
PEG	A	0.57%
FFIV	B	0.57%
ECL	B	0.57%
BBY	B	0.56%
APH	D	0.56%
FE	B	0.56%
SPG	A	0.55%
ETN	C	0.53%
APP	A	0.53%
SNA	A	0.53%
BMY	B	0.52%
CRM	B	0.52%
LLY	D	0.52%
MAA	C	0.49%
AOS	B	0.49%
CMI	B	0.48%
GDDY	D	0.47%
KR	C	0.47%
VICI	C	0.46%
CTSH	B	0.46%
AMAT	B	0.43%
GLPI	A	0.43%
CNA	D	0.43%
TPR	B	0.42%
STLD	B	0.42%
ICE	A	0.42%
NVR	A	0.42%
HST	D	0.41%
CVX	B	0.41%
CF	A	0.41%
CSL	A	0.41%
TJX	C	0.39%
NUE	D	0.39%
HSIC	D	0.39%
AXP	A	0.39%
HWM	A	0.39%
DHI	C	0.38%
CBOE	A	0.38%
LEN	B	0.37%
WAB	A	0.37%
BLDR	B	0.37%
OGN	F	0.37%
GRMN	D	0.36%
PCAR	D	0.36%
WSM	B	0.36%
FIS	C	0.36%
MSI	A	0.36%
RHI	D	0.35%
ADBE	F	0.34%
WU	D	0.34%
HLT	A	0.34%
CMG	C	0.33%
PKG	C	0.33%
ERIE	A	0.32%
TMUS	A	0.31%
VLO	F	0.31%
MTCH	B	0.31%
IP	C	0.3%
IBKR	A	0.3%
DVN	F	0.3%
BRO	A	0.29%
EVRG	C	0.28%
TRGP	B	0.27%
MANH	C	0.27%
SOLV	C	0.26%
LII	C	0.26%
DECK	B	0.26%
CNC	F	0.25%
BKNG	C	0.25%
SWKS	F	0.25%
ALNY	C	0.24%
CFG	D	0.24%
WPC	C	0.24%
CME	A	0.23%
SYF	B	0.23%
ACN	B	0.23%
FDX	D	0.23%
VRSN	B	0.22%
PH	A	0.22%
VSCO	C	0.21%
INCY	B	0.21%
ZM	C	0.21%
PPG	D	0.21%
KEYS	B	0.21%
BAH	A	0.2%
JBL	D	0.19%
AZO	D	0.19%
TROW	D	0.19%
L	D	0.18%
LKQ	F	0.18%
NWSA	D	0.18%
EXPE	B	0.18%
GE	C	0.17%
ULTA	D	0.17%
GL	C	0.17%
BEN	F	0.17%
TOL	A	0.16%
CPT	C	0.16%
CI	D	0.16%
SYK	C	0.15%
BBWI	F	0.14%
AMP	A	0.14%
ANET	A	0.13%
MPC	F	0.13%
LDOS	A	0.13%
DELL	C	0.13%
IT	C	0.13%
KHC	D	0.12%
VRT	B	0.12%
SSNC	C	0.1%
J	D	0.1%
MOH	D	0.1%
ETSY	F	0.1%
EQR	C	0.1%
RMD	C	0.1%
QRVO	F	0.09%
VTRS	D	0.09%
CRBG	C	0.09%
PSX	D	0.09%
TXT	F	0.08%
DXC	D	0.08%
ADM	D	0.07%
COP	D	0.07%
BG	F	0.07%
NXPI	F	0.06%
IR	A	0.06%
ORLY	A	0.06%
ROL	B	0.06%
WSO	C	0.06%
DINO	F	0.06%
DKS	D	0.05%
EPAM	F	0.05%
ROST	C	0.05%
PPL	A	0.05%
SNPS	F	0.05%
UTHR	C	0.05%
ESS	C	0.05%
DPZ	D	0.05%
AVB	C	0.05%
STT	C	0.05%
TPL	B	0.05%
UDR	C	0.05%
ZION	D	0.05%
CDNS	D	0.05%
CVNA	A	0.05%
DASH	B	0.05%
PSA	C	0.05%
CDW	D	0.04%
PFG	C	0.04%
PINS	D	0.04%
HOLX	D	0.04%
AMCR	B	0.04%
IVZ	A	0.04%
MOS	D	0.03%
TDG	A	0.01%
ALLE	A	0.01%
EQH	C	0.0%

AFLG Underweight 96 Positions Relative to LKOR

Symbol	Grade	Weight
DUK	A	-0.5%
HSBC	B	-0.48%
LNT	A	-0.4%
FITB	C	-0.39%
KOF	D	-0.37%
INTC	D	-0.37%
BA	F	-0.37%
HPE	B	-0.37%
NI	A	-0.37%
DOW	B	-0.32%
CP	C	-0.29%
NNN	A	-0.29%
AEP	C	-0.28%
AMT	C	-0.27%
JEF	A	-0.26%
NOC	B	-0.26%
CHTR	D	-0.26%
HON	C	-0.25%
ORCL	B	-0.25%
WFC	D	-0.25%
CAG	D	-0.24%
AEE	A	-0.24%
NEM	C	-0.24%
WEC	A	-0.24%
CMS	A	-0.24%
MMC	D	-0.24%
BHP	B	-0.24%
HCA	B	-0.24%
DOV	C	-0.24%
KDP	C	-0.24%
MKL	C	-0.24%
OKE	B	-0.24%
LH	D	-0.23%
TXN	C	-0.23%
WRB	B	-0.23%
ATO	A	-0.23%
BDX	B	-0.23%
SBUX	B	-0.23%
AMGN	D	-0.23%
BAC	D	-0.23%
D	A	-0.23%
EXC	A	-0.22%
VMI	B	-0.22%
EL	D	-0.21%
SRE	A	-0.21%
GS	C	-0.21%
C	B	-0.21%
PAA	D	-0.2%
STZ	B	-0.19%
NDAQ	C	-0.19%
ZTS	C	-0.19%
CCI	C	-0.19%
KMI	A	-0.19%
HD	A	-0.19%
LEA	F	-0.18%
CPB	D	-0.18%
ARE	D	-0.18%
EPD	A	-0.18%
REGN	D	-0.17%
UNP	D	-0.16%
HAL	F	-0.14%
MS	B	-0.14%
JCI	B	-0.13%
APTV	D	-0.13%
EFX	C	-0.13%
HAS	A	-0.13%
AON	A	-0.13%
GM	D	-0.13%
IFF	C	-0.12%
EMR	B	-0.12%
NSC	C	-0.12%
CSX	D	-0.12%
MCD	A	-0.12%
MLM	D	-0.11%
CHD	C	-0.11%
DG	F	-0.11%
REG	C	-0.11%
RJF	B	-0.11%
FMC	B	-0.11%
BABA	A	-0.11%
OTIS	A	-0.1%
VRSK	D	-0.1%
KIM	C	-0.1%
SJM	C	-0.1%
DHR	C	-0.1%
BHF	F	-0.1%
GLW	B	-0.1%
MDLZ	C	-0.09%
BIIB	F	-0.09%
RPRX	B	-0.09%
PCG	B	-0.09%
JPM	D	-0.09%
ITW	A	-0.06%
SIGI	D	-0.06%
LHX	A	-0.05%
FTV	B	-0.05%