EFIV vs. SKOR ETF Comparison

Comparison of SPDR S&P 500 ESG ETF (EFIV) to FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR)

EFIV

SPDR S&P 500 ESG ETF

EFIV Description

• Seeks to provide investment results that, before fees and expenses, correspond generally to the S&P 500 ESG Index • EFIV is designed to track an index that is designed to select S&P 500 firms meeting certain sustainability criteria (criteria related to environmental, social and governance factors) while maintaining similar overall industry group weights as the S&P 500 Index • EFIV may serve as a potential ESG core exposure, based on its focus on sustainability criteria and comprehensive market coverage of the flagship core S&P 500 Index

Grade (RS Rating)

Last Trade

$55.01

Average Daily Volume

109,941

Number of Holdings ^*

316

* may have additional holdings in another (foreign) market

SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund

SKOR Description

The investment seeks the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Corporate Bond IndexSM. The fund generally will invest at least 80% of its total assets in the securities of its underlying index. The index reflects the performance of a portfolio of US-dollar denominated bonds of companies that are considered by the index Provider to have higher credit quality, lower risk of default and the potential for higher yield, price appreciation and liquidity relative to the universe of securities comprising the Northern Trust US Investment-Grade Corporate Bond IndexSM. The fund is non-diversified

Grade (RS Rating)

Last Trade

$49.18

Average Daily Volume

44,343

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

Performance

Period	EFIV	SKOR
30 Days	0.90%	1.31%
60 Days	1.36%	3.21%
90 Days	3.76%	4.14%
12 Months	31.66%	10.62%

158 Overlapping Holdings

Symbol	Grade	Weight in EFIV	Weight in SKOR	Overlap
A	C	0.12%	0.07%	0.07%
AAPL	C	9.57%	0.09%	0.09%
ABBV	C	0.99%	0.08%	0.08%
ADBE	F	0.68%	0.09%	0.09%
ADP	B	0.33%	0.07%	0.07%
ADSK	C	0.17%	0.08%	0.08%
AFL	C	0.16%	0.04%	0.04%
AIG	D	0.14%	0.04%	0.04%
AIZ	B	0.03%	0.04%	0.03%
ALL	B	0.15%	0.15%	0.15%
ALLE	C	0.04%	0.07%	0.04%
AMCR	C	0.05%	0.12%	0.05%
AMGN	B	0.52%	0.11%	0.11%
AMP	B	0.13%	0.07%	0.07%
AMT	C	0.31%	0.13%	0.13%
AON	B	0.22%	0.09%	0.09%
APD	B	0.19%	0.19%	0.19%
ARE	C	0.06%	0.04%	0.04%
AVB	C	0.09%	0.02%	0.02%
AVY	D	0.05%	0.02%	0.02%
AWK	C	0.08%	0.07%	0.07%
AXP	B	0.44%	0.07%	0.07%
BAC	D	0.81%	0.0%	0.0%
BAX	C	0.06%	0.07%	0.06%
BDX	F	0.2%	0.08%	0.08%
BK	A	0.16%	0.05%	0.05%
BLK	B	0.38%	0.08%	0.08%
BMY	C	0.29%	0.1%	0.1%
BR	D	0.07%	0.08%	0.07%
BWA	D	0.02%	0.13%	0.02%
BXP	B	0.03%	0.09%	0.03%
C	D	0.35%	0.08%	0.08%
CARR	B	0.2%	0.09%	0.09%
CB	B	0.34%	0.1%	0.1%
CBOE	C	0.06%	0.08%	0.06%
CFG	C	0.06%	0.07%	0.06%
CI	C	0.29%	0.14%	0.14%
CL	C	0.24%	0.09%	0.09%
CMCSA	D	0.46%	0.14%	0.14%
CME	C	0.22%	0.12%	0.12%
CMI	C	0.12%	0.04%	0.04%
COF	A	0.17%	0.02%	0.02%
COST	B	1.16%	0.1%	0.1%
CPB	B	0.03%	0.06%	0.03%
CSCO	B	0.6%	0.04%	0.04%
CSX	D	0.2%	0.04%	0.04%
CTAS	C	0.2%	0.02%	0.02%
CVS	F	0.21%	0.16%	0.16%
DFS	B	0.1%	0.11%	0.1%
DGX	C	0.05%	0.07%	0.05%
DHI	C	0.17%	0.07%	0.07%
DHR	C	0.53%	0.09%	0.09%
DIS	D	0.49%	0.09%	0.09%
DLR	B	0.15%	0.1%	0.1%
DOV	B	0.08%	0.07%	0.07%
DOW	D	0.11%	0.17%	0.11%
EA	D	0.1%	0.04%	0.04%
EBAY	B	0.09%	0.08%	0.08%
ECL	A	0.18%	0.06%	0.06%
ED	C	0.1%	0.11%	0.1%
EIX	C	0.09%	0.04%	0.04%
ELV	C	0.36%	0.18%	0.18%
EMR	D	0.18%	0.07%	0.07%
EQIX	B	0.24%	0.0%	0.0%
EQR	C	0.08%	0.02%	0.02%
ES	C	0.07%	0.04%	0.04%
EW	F	0.12%	0.08%	0.08%
FITB	B	0.09%	0.09%	0.09%
FMC	C	0.02%	0.07%	0.02%
FTV	C	0.08%	0.04%	0.04%
GILD	B	0.3%	0.13%	0.13%
GIS	B	0.12%	0.08%	0.08%
GL	C	0.03%	0.06%	0.03%
GM	B	0.16%	0.2%	0.16%
GOOGL	D	2.76%	0.03%	0.03%
GPN	D	0.08%	0.17%	0.08%
GS	C	0.47%	0.1%	0.1%
HBAN	B	0.06%	0.08%	0.06%
HD	A	1.12%	0.0%	0.0%
HPQ	D	0.09%	0.07%	0.07%
HST	C	0.04%	0.09%	0.04%
HUBB	A	0.06%	0.07%	0.06%
HUM	F	0.11%	0.12%	0.11%
INTC	F	0.26%	0.12%	0.12%
ITW	C	0.2%	0.07%	0.07%
JBHT	D	0.04%	0.12%	0.04%
JPM	D	1.75%	0.01%	0.01%
K	A	0.06%	0.11%	0.06%
KDP	B	0.11%	0.08%	0.08%
KEY	B	0.05%	0.08%	0.05%
KIM	C	0.04%	0.04%	0.04%
KLAC	D	0.3%	0.08%	0.08%
KMI	A	0.12%	0.28%	0.12%
KO	B	0.79%	0.08%	0.08%
LOW	A	0.43%	0.04%	0.04%
MA	B	1.17%	0.04%	0.04%
MAR	C	0.17%	0.04%	0.04%
MAS	B	0.05%	0.19%	0.05%
MCD	B	0.61%	0.04%	0.04%
MCO	A	0.22%	0.07%	0.07%
MDLZ	C	0.29%	0.07%	0.07%
MET	A	0.14%	0.09%	0.09%
MKC	C	0.06%	0.07%	0.06%
MMC	C	0.32%	0.01%	0.01%
MS	C	0.37%	0.04%	0.04%
MSFT	C	9.46%	0.04%	0.04%
MU	F	0.29%	0.08%	0.08%
NDAQ	A	0.09%	0.08%	0.08%
NEE	C	0.49%	0.04%	0.04%
NSC	C	0.16%	0.07%	0.07%
OKE	B	0.16%	0.14%	0.14%
OTIS	C	0.11%	0.07%	0.07%
PEG	A	0.12%	0.07%	0.07%
PEP	D	0.7%	0.24%	0.24%
PG	C	1.17%	0.06%	0.06%
PH	A	0.23%	0.02%	0.02%
PHM	B	0.09%	0.2%	0.09%
PLD	C	0.35%	0.07%	0.07%
PNC	A	0.22%	0.03%	0.03%
PPG	D	0.09%	0.07%	0.07%
PRU	C	0.13%	0.0%	0.0%
PSA	B	0.16%	0.08%	0.08%
PYPL	B	0.24%	0.02%	0.02%
QCOM	F	0.56%	0.08%	0.08%
REG	C	0.03%	0.06%	0.03%
ROK	F	0.09%	0.06%	0.06%
RSG	D	0.12%	0.04%	0.04%
SBUX	C	0.32%	0.09%	0.09%
SCHW	D	0.28%	0.04%	0.04%
SHW	B	0.26%	0.04%	0.04%
SJM	C	0.04%	0.04%	0.04%
SPGI	A	0.49%	0.08%	0.08%
SRE	B	0.15%	0.07%	0.07%
STT	B	0.08%	0.07%	0.07%
SWK	B	0.05%	0.11%	0.05%
SYF	C	0.06%	0.08%	0.06%
SYK	C	0.36%	0.03%	0.03%
T	C	0.44%	0.12%	0.12%
TEL	D	0.13%	0.07%	0.07%
TFC	D	0.17%	0.06%	0.06%
TMUS	C	0.3%	0.14%	0.14%
TPR	C	0.03%	0.19%	0.03%
TT	A	0.25%	0.08%	0.08%
UNH	C	1.54%	0.02%	0.02%
UNP	C	0.44%	0.11%	0.11%
UPS	F	0.28%	0.08%	0.08%
USB	B	0.21%	0.07%	0.07%
V	C	1.3%	0.1%	0.1%
VLO	F	0.13%	0.08%	0.08%
VRSK	D	0.11%	0.1%	0.1%
VTR	C	0.07%	0.02%	0.02%
WAB	A	0.09%	0.06%	0.06%
WELL	C	0.22%	0.08%	0.08%
WM	D	0.22%	0.13%	0.13%
WMT	B	0.97%	0.02%	0.02%
WTW	C	0.09%	0.06%	0.06%
WY	C	0.07%	0.1%	0.07%
ZTS	C	0.26%	0.05%	0.05%

EFIV Overweight 158 Positions Relative to SKOR

Symbol	Grade	Weight
NVDA	D	8.41%
GOOG	D	2.31%
LLY	C	2.12%
TSLA	C	1.96%
XOM	D	1.51%
MRK	D	0.86%
CRM	D	0.75%
AMD	D	0.73%
CVX	D	0.72%
LIN	B	0.65%
ACN	C	0.61%
GE	A	0.59%
ABT	C	0.58%
CAT	B	0.53%
PFE	C	0.49%
AMAT	D	0.47%
UBER	C	0.46%
TJX	C	0.39%
ETN	C	0.38%
REGN	C	0.36%
BSX	B	0.36%
MDT	C	0.34%
DE	B	0.31%
LRCX	F	0.3%
NKE	D	0.28%
ICE	C	0.26%
CMG	C	0.23%
TGT	C	0.21%
FCX	D	0.19%
SLB	F	0.18%
AJG	D	0.18%
NEM	B	0.18%
MPC	D	0.17%
URI	B	0.16%
TRV	B	0.16%
WMB	B	0.16%
HLT	B	0.16%
PSX	D	0.16%
JCI	B	0.15%
ROST	C	0.15%
PCAR	D	0.15%
FIS	B	0.14%
MSCI	C	0.13%
GWW	A	0.13%
CNC	C	0.12%
RCL	A	0.12%
CTVA	B	0.12%
ACGL	B	0.12%
PWR	B	0.12%
PAYX	C	0.12%
IDXX	D	0.12%
HES	D	0.11%
SYY	D	0.11%
KR	C	0.11%
YUM	F	0.11%
CBRE	A	0.11%
EXR	B	0.11%
IR	C	0.11%
EXC	B	0.11%
AME	C	0.11%
MTD	D	0.1%
IRM	B	0.1%
TRGP	B	0.1%
HIG	B	0.1%
OXY	F	0.1%
RMD	C	0.1%
BKR	C	0.1%
BIIB	F	0.09%
MTB	A	0.09%
DAL	C	0.09%
ON	F	0.09%
LULU	D	0.09%
CSGP	D	0.09%
FANG	D	0.09%
ADM	D	0.09%
XYL	D	0.09%
DVN	D	0.08%
IFF	C	0.08%
HAL	F	0.08%
CAH	C	0.08%
ETR	A	0.08%
AXON	A	0.08%
KHC	C	0.08%
HSY	D	0.08%
TSCO	C	0.08%
MRNA	F	0.07%
CPAY	C	0.07%
RJF	C	0.07%
TTWO	D	0.07%
DECK	D	0.07%
HPE	D	0.07%
TROW	D	0.07%
LYB	F	0.07%
SBAC	C	0.07%
SW	C	0.07%
HOLX	C	0.06%
APTV	D	0.06%
ULTA	D	0.06%
WAT	C	0.06%
GPC	D	0.06%
EL	F	0.06%
OMC	B	0.06%
EQT	D	0.06%
BALL	C	0.06%
WDC	D	0.06%
RF	B	0.06%
ZBH	F	0.06%
CF	C	0.05%
IEX	D	0.05%
PNR	B	0.05%
EG	C	0.05%
TSN	D	0.05%
EXPE	C	0.05%
FDS	C	0.05%
CCL	C	0.05%
PFG	B	0.05%
NTRS	B	0.05%
BBY	C	0.05%
KMX	D	0.04%
CHRW	A	0.04%
JKHY	C	0.04%
UDR	C	0.04%
POOL	D	0.04%
AKAM	D	0.04%
DOC	C	0.04%
CAG	C	0.04%
LVS	D	0.04%
MOS	F	0.03%
DVA	B	0.03%
CZR	C	0.03%
DAY	D	0.03%
HAS	B	0.03%
HRL	D	0.03%
LW	D	0.03%
NWSA	D	0.03%
TAP	D	0.03%
MGM	D	0.03%
MKTX	C	0.03%
ALB	F	0.03%
CRL	F	0.03%
LKQ	F	0.03%
TFX	C	0.03%
IPG	C	0.03%
INCY	C	0.03%
BEN	F	0.02%
WBA	F	0.02%
ETSY	F	0.02%
BBWI	F	0.02%
AAL	D	0.02%
BIO	C	0.02%
WYNN	D	0.02%
RL	B	0.02%
IVZ	B	0.02%
MHK	C	0.02%
FRT	C	0.02%
NCLH	C	0.02%
NWS	D	0.01%
PARA	F	0.01%

EFIV Underweight 147 Positions Relative to SKOR

Symbol	Grade	Weight
LEN	C	-0.32%
FOXA	B	-0.25%
AEE	A	-0.25%
LMT	B	-0.23%
SPG	A	-0.22%
NXPI	D	-0.21%
CHTR	D	-0.2%
VRSN	D	-0.19%
NI	B	-0.19%
PAA	C	-0.19%
TMO	C	-0.19%
NOC	A	-0.19%
CHD	C	-0.18%
CCI	C	-0.18%
JNJ	C	-0.18%
TD	A	-0.17%
WEC	B	-0.17%
ATO	B	-0.17%
PM	C	-0.17%
DG	F	-0.16%
LII	B	-0.16%
ARW	C	-0.15%
ADI	C	-0.15%
RPRX	D	-0.14%
XEL	B	-0.14%
TDY	C	-0.14%
ALLY	D	-0.14%
GD	B	-0.14%
WU	D	-0.13%
BRX	B	-0.12%
O	C	-0.12%
APH	C	-0.11%
CM	A	-0.11%
BHP	D	-0.11%
MKL	C	-0.11%
NVT	D	-0.11%
AMZN	C	-0.11%
ATHS	A	-0.11%
ARCC	B	-0.11%
BMO	C	-0.11%
LH	C	-0.11%
ORCL	B	-0.11%
BIDU	F	-0.1%
CNP	D	-0.1%
LNT	B	-0.1%
BKU	D	-0.1%
TRMB	C	-0.1%
INTU	C	-0.1%
MO	C	-0.1%
SO	A	-0.1%
LHX	C	-0.1%
VNT	F	-0.09%
IBM	A	-0.09%
THG	C	-0.09%
FHN	D	-0.09%
DTE	B	-0.09%
CMA	A	-0.09%
AGR	B	-0.09%
MCK	F	-0.09%
FLO	C	-0.09%
LAZ	A	-0.09%
MLM	D	-0.09%
BNS	A	-0.09%
KMB	D	-0.08%
AFG	B	-0.08%
AWH	F	-0.08%
BG	D	-0.08%
FAF	C	-0.08%
LEA	F	-0.08%
CSL	B	-0.08%
CMS	B	-0.08%
HP	D	-0.08%
ORI	B	-0.08%
H	C	-0.08%
DSS	F	-0.08%
AMH	C	-0.08%
DINO	F	-0.08%
KEYS	C	-0.08%
WHR	C	-0.08%
ROP	C	-0.08%
BRO	C	-0.08%
NFG	B	-0.08%
ORLY	D	-0.08%
JEF	B	-0.08%
MMM	A	-0.08%
DUK	B	-0.08%
GLPI	C	-0.08%
D	B	-0.08%
AVT	C	-0.07%
KMPR	D	-0.07%
NTAP	D	-0.07%
PCG	B	-0.07%
CPT	B	-0.07%
SBRA	C	-0.07%
WB	F	-0.07%
CE	F	-0.07%
BKH	B	-0.07%
ESS	C	-0.07%
GSBD	D	-0.07%
PKG	B	-0.07%
TXN	C	-0.07%
CUBE	B	-0.07%
EPD	B	-0.07%
BABA	B	-0.07%
HSBC	B	-0.07%
WFC	D	-0.07%
SKT	A	-0.06%
SCS	D	-0.06%
BA	F	-0.06%
WPC	C	-0.06%
AL	D	-0.06%
NNN	C	-0.06%
SITC	D	-0.05%
DT	C	-0.05%
EFX	C	-0.05%
RY	C	-0.05%
AER	B	-0.05%
DLTR	F	-0.05%
AZO	D	-0.05%
PDM	C	-0.04%
STLD	D	-0.04%
HPP	F	-0.04%
VOYA	B	-0.04%
KRG	C	-0.04%
RNR	B	-0.04%
RPM	B	-0.04%
PGR	A	-0.04%
HII	D	-0.04%
AXS	B	-0.04%
HIW	B	-0.04%
HON	D	-0.04%
MSI	B	-0.04%
KRC	B	-0.04%
DB	B	-0.04%
AVGO	C	-0.04%
FLS	D	-0.03%
FNF	B	-0.03%
HCA	A	-0.03%
VZ	B	-0.03%
AAP	F	-0.02%
BDN	C	-0.02%
MAA	C	-0.02%
CLX	C	-0.02%
AEP	C	-0.02%
MUFG	D	-0.02%
CP	C	-0.01%
OHI	C	-0.0%