BNDC vs. JSI ETF Comparison

Comparison of FlexShares Core Select Bond Fund (BNDC) to Janus Henderson Securitized Income ETF (JSI)

BNDC

FlexShares Core Select Bond Fund

BNDC Description

The investment seeks total return and preservation of capital. The fund invests at least 80% of its net assets in U.S. dollar-denominated investment-grade fixed-income securities either directly or indirectly through exchange-traded funds and other registered investment companies. The fund may invest, without limitation, in mortgage- or asset-backed securities, including to-be-announced transactions, and purchase and sell securities on a when-issued, delayed delivery or forward commitment basis.

Grade (RS Rating)

Last Trade

$21.96

Average Daily Volume

21,942

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

JSI

Janus Henderson Securitized Income ETF

JSI Description

The fund advisor pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus borrowings for investment purposes) in securitized securities. Securitized securities are debt securities that entitle their holders to payments that depend primarily on the assets underlying the securities, and include, but are not limited to, asset-backed securities ("ABS"), collateralized loan obligations ("CLOs"), agency and non-agency mortgage-backed securities ("MBS"), and collateralized mortgage obligations ("CMOs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.90

Average Daily Volume

72,131

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	BNDC	JSI
30 Days	-0.90%	0.00%
60 Days	-3.60%	-0.73%
90 Days	-2.67%	0.47%
12 Months	4.79%	8.62%

0 Overlapping Holdings

	Symbol	Grade	Weight in BNDC	Weight in JSI	Overlap

BNDC Overweight 9 Positions Relative to JSI

	Symbol	Grade	Weight
	MBB	D	24.36%
	MBSD	D	12.54%
	IEI	D	11.99%
	SKOR	C	9.48%
	IEF	F	5.71%
	RAVI	A	4.74%
	SHY	D	3.39%
	TDTT	C	2.05%
	LKOR	D	0.5%

BNDC Underweight 2 Positions Relative to JSI

	Symbol	Grade	Weight
	JBBB	A	-4.01%
	JAAA	A	-3.98%

BNDC: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bond Market U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Bond Fund Government Bonds U.S. Government Yield Collateralized Debt Obligation Corporate Bond Mortgage Backed Security Northern Trust Structured Finance Credit Rating Agencies Debt Securities Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association

JSI: Top Represented Industries & Keywords

Industries:

Keywords: Collateralized Debt Obligation Collateralized Loan Obligation Exchange Traded Funds Loan Mergers And Acquisitions Mortgage Special Purpose Acquisition Company Structured Finance