ESG vs. VCSH ETF Comparison

Comparison of FlexShares STOXX US ESG Impact Index Fund (ESG) to Vanguard Short-Term Corporate Bond ETF (VCSH)

ESG

FlexShares STOXX US ESG Impact Index Fund

ESG Description

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX US ESG Impact Index.

Grade (RS Rating)

Last Trade

$138.03

Average Daily Volume

5,484

Number of Holdings ^*

259

* may have additional holdings in another (foreign) market

VCSH

Vanguard Short-Term Corporate Bond ETF

VCSH Description

The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$78.26

Average Daily Volume

2,827,766

Number of Holdings ^*

443

* may have additional holdings in another (foreign) market

Performance

Period	ESG	VCSH
30 Days	0.51%	-0.37%
60 Days	2.42%	-0.89%
90 Days	4.79%	0.36%
12 Months	25.71%	7.30%

177 Overlapping Holdings

	Symbol	Grade	Weight in ESG	Weight in VCSH	Overlap
	A	F	0.06%	0.02%	0.02%
	AAPL	C	4.84%	0.03%	0.03%
	ABT	A	0.66%	0.02%	0.02%
	ADBE	D	0.76%	0.03%	0.03%
	ADM	D	0.08%	0.05%	0.05%
	ADP	B	0.5%	0.05%	0.05%
	ADSK	B	0.33%	0.01%	0.01%
	AEP	C	0.2%	0.01%	0.01%
	AES	F	0.04%	0.02%	0.02%
	AFL	C	0.23%	0.02%	0.02%
	AIG	C	0.08%	0.06%	0.06%
	ALL	A	0.08%	0.01%	0.01%
	AMAT	F	0.5%	0.03%	0.03%
	AMD	F	0.74%	0.01%	0.01%
	AMT	D	0.37%	0.01%	0.01%
	AMZN	B	5.34%	0.04%	0.04%
	AON	B	0.27%	0.01%	0.01%
	APTV	F	0.04%	0.03%	0.03%
	ARE	F	0.05%	0.01%	0.01%
	AVGO	C	1.95%	0.01%	0.01%
	AWK	C	0.13%	0.01%	0.01%
	AZO	C	0.09%	0.01%	0.01%
	BAC	A	1.03%	0.01%	0.01%
	BAX	F	0.04%	0.03%	0.03%
	BDX	F	0.11%	0.02%	0.02%
	BG	D	0.03%	0.03%	0.03%
	BK	B	0.23%	0.01%	0.01%
	BKNG	A	0.55%	0.02%	0.02%
	BLK	B	0.72%	0.05%	0.05%
	BMY	A	0.39%	0.02%	0.02%
	BR	B	0.09%	0.02%	0.02%
	BSX	A	0.21%	0.01%	0.01%
	C	B	0.64%	0.02%	0.02%
	CAG	F	0.03%	0.01%	0.01%
	CAH	B	0.09%	0.02%	0.02%
	CAT	C	0.31%	0.02%	0.02%
	CB	C	0.26%	0.03%	0.03%
	CDNS	B	0.13%	0.02%	0.02%
	CI	D	0.3%	0.01%	0.01%
	CL	D	0.31%	0.01%	0.01%
	CLX	A	0.1%	0.01%	0.01%
	CMI	A	0.17%	0.02%	0.02%
	CMS	C	0.05%	0.01%	0.01%
	COST	A	1.01%	0.06%	0.06%
	CRM	B	0.53%	0.05%	0.05%
	CSCO	B	0.96%	0.02%	0.02%
	CTVA	C	0.06%	0.02%	0.02%
	CVS	F	0.28%	0.02%	0.02%
	CVX	A	1.36%	0.02%	0.02%
	D	C	0.08%	0.01%	0.01%
	DD	D	0.12%	0.08%	0.08%
	DE	C	0.44%	0.01%	0.01%
	DFS	B	0.18%	0.01%	0.01%
	DG	F	0.02%	0.01%	0.01%
	DIS	B	0.81%	0.03%	0.03%
	DLTR	F	0.04%	0.05%	0.04%
	DOC	D	0.08%	0.02%	0.02%
	DOV	B	0.05%	0.02%	0.02%
	DOW	F	0.1%	0.01%	0.01%
	DUK	C	0.21%	0.01%	0.01%
	EA	A	0.13%	0.02%	0.02%
	EBAY	D	0.1%	0.03%	0.03%
	ED	C	0.05%	0.01%	0.01%
	EIX	C	0.13%	0.01%	0.01%
	EL	F	0.06%	0.03%	0.03%
	EMR	A	0.12%	0.01%	0.01%
	ESS	A	0.06%	0.01%	0.01%
	ETR	A	0.08%	0.01%	0.01%
	EXPE	B	0.07%	0.02%	0.02%
	FANG	D	0.05%	0.02%	0.02%
	FDX	B	0.22%	0.03%	0.03%
	FITB	B	0.08%	0.03%	0.03%
	FTV	D	0.1%	0.04%	0.04%
	GILD	C	0.28%	0.04%	0.04%
	GIS	F	0.18%	0.03%	0.03%
	GM	B	0.32%	0.02%	0.02%
	GS	B	0.92%	0.01%	0.01%
	GWW	B	0.17%	0.02%	0.02%
	HBAN	B	0.06%	0.01%	0.01%
	HD	A	0.99%	0.01%	0.01%
	HPE	B	0.12%	0.03%	0.03%
	HPQ	B	0.17%	0.05%	0.05%
	HST	D	0.02%	0.02%	0.02%
	HSY	F	0.1%	0.01%	0.01%
	IBM	C	0.95%	0.02%	0.02%
	ICE	C	0.44%	0.02%	0.02%
	INTC	C	0.53%	0.03%	0.03%
	INTU	B	0.48%	0.02%	0.02%
	IPG	F	0.06%	0.01%	0.01%
	ITW	B	0.13%	0.04%	0.04%
	JBL	C	0.03%	0.01%	0.01%
	JNJ	D	1.79%	0.02%	0.02%
	JPM	A	3.38%	0.01%	0.01%
	K	B	0.09%	0.02%	0.02%
	KDP	D	0.06%	0.02%	0.02%
	KEY	B	0.05%	0.01%	0.01%
	KLAC	F	0.15%	0.06%	0.06%
	KMB	C	0.22%	0.01%	0.01%
	KO	D	1.2%	0.06%	0.06%
	KR	B	0.2%	0.02%	0.02%
	LII	A	0.09%	0.01%	0.01%
	LLY	F	2.2%	0.02%	0.02%
	LNT	A	0.05%	0.02%	0.02%
	LOW	C	0.51%	0.01%	0.01%
	LRCX	F	0.24%	0.02%	0.02%
	LVS	B	0.04%	0.02%	0.02%
	MA	B	1.06%	0.04%	0.04%
	MAR	B	0.28%	0.01%	0.01%
	MCD	D	0.35%	0.01%	0.01%
	MCK	A	0.26%	0.01%	0.01%
	MCO	D	0.13%	0.02%	0.02%
	MDLZ	F	0.36%	0.01%	0.01%
	MDT	D	0.36%	0.08%	0.08%
	MET	A	0.2%	0.02%	0.02%
	MKC	D	0.06%	0.02%	0.02%
	MMC	D	0.27%	0.01%	0.01%
	MRK	F	1.02%	0.04%	0.04%
	MS	A	0.26%	0.03%	0.03%
	MSFT	D	4.72%	0.04%	0.04%
	MU	D	0.54%	0.03%	0.03%
	NDAQ	A	0.13%	0.01%	0.01%
	NEM	D	0.19%	0.01%	0.01%
	NI	A	0.04%	0.05%	0.04%
	NKE	F	0.22%	0.02%	0.02%
	NTAP	C	0.08%	0.02%	0.02%
	NVT	C	0.06%	0.01%	0.01%
	NXPI	F	0.23%	0.02%	0.02%
	OC	A	0.03%	0.01%	0.01%
	OMC	C	0.1%	0.06%	0.06%
	ORCL	A	0.74%	0.05%	0.05%
	OTIS	C	0.16%	0.07%	0.07%
	PEG	C	0.14%	0.01%	0.01%
	PFE	F	0.36%	0.03%	0.03%
	PFG	C	0.08%	0.01%	0.01%
	PG	C	1.94%	0.01%	0.01%
	PPL	A	0.04%	0.01%	0.01%
	PSA	C	0.09%	0.02%	0.02%
	PYPL	B	0.29%	0.03%	0.03%
	QCOM	F	0.6%	0.04%	0.04%
	RF	A	0.06%	0.04%	0.04%
	RNR	C	0.02%	0.01%	0.01%
	ROK	B	0.13%	0.01%	0.01%
	ROST	D	0.2%	0.02%	0.02%
	RPRX	F	0.05%	0.04%	0.04%
	RSG	A	0.07%	0.01%	0.01%
	SBUX	A	0.19%	0.02%	0.02%
	SHW	C	0.15%	0.02%	0.02%
	SLB	C	0.31%	0.02%	0.02%
	SPGI	D	0.65%	0.03%	0.03%
	SRE	A	0.14%	0.01%	0.01%
	STT	B	0.07%	0.03%	0.03%
	STZ	D	0.07%	0.02%	0.02%
	SWK	F	0.04%	0.03%	0.03%
	SYK	A	0.56%	0.01%	0.01%
	TFC	A	0.21%	0.01%	0.01%
	TGT	B	0.29%	0.05%	0.05%
	TJX	A	0.67%	0.04%	0.04%
	TSN	B	0.03%	0.01%	0.01%
	TT	A	0.38%	0.02%	0.02%
	TXN	C	0.62%	0.01%	0.01%
	UNH	C	0.91%	0.01%	0.01%
	UNP	D	0.58%	0.01%	0.01%
	USB	B	0.39%	0.02%	0.02%
	V	A	2.11%	0.13%	0.13%
	VLO	C	0.11%	0.03%	0.03%
	VRSK	B	0.13%	0.05%	0.05%
	VTR	B	0.07%	0.02%	0.02%
	VZ	C	0.28%	0.06%	0.06%
	WAB	B	0.09%	0.03%	0.03%
	WELL	A	0.32%	0.01%	0.01%
	WM	B	0.13%	0.02%	0.02%
	WMT	A	1.82%	0.02%	0.02%
	WY	D	0.11%	0.01%	0.01%
	XEL	A	0.06%	0.01%	0.01%
	XOM	B	2.63%	0.02%	0.02%
	ZBH	C	0.04%	0.02%	0.02%
	ZTS	D	0.32%	0.04%	0.04%

ESG Overweight 82 Positions Relative to VCSH

	Symbol	Grade	Weight
	META	C	5.19%
	BRK.A	B	3.02%
	TSLA	A	2.83%
	ACN	C	1.12%
	UBER	F	0.49%
	VRTX	D	0.4%
	ELV	F	0.39%
	CTAS	B	0.37%
	NOW	B	0.36%
	APO	A	0.35%
	PANW	B	0.32%
	CMG	C	0.27%
	CRWD	B	0.26%
	HLT	A	0.25%
	TRV	A	0.24%
	FLUT	A	0.23%
	SNPS	C	0.21%
	CBRE	B	0.2%
	LULU	C	0.19%
	CEG	C	0.18%
	VICI	C	0.17%
	IT	C	0.17%
	ECL	D	0.17%
	GEHC	D	0.17%
	AJG	B	0.16%
	WTW	B	0.15%
	FCX	F	0.15%
	HIG	B	0.14%
	HUBS	B	0.14%
	EW	C	0.13%
	IRM	C	0.13%
	IQV	F	0.12%
	TSCO	D	0.12%
	YUM	D	0.12%
	MSCI	B	0.12%
	WDC	F	0.11%
	DECK	A	0.11%
	XYL	D	0.1%
	FDS	B	0.1%
	BKR	B	0.1%
	CTSH	C	0.1%
	BBY	D	0.09%
	KHC	F	0.09%
	LNG	A	0.08%
	NU	C	0.08%
	CCEP	D	0.08%
	WSM	D	0.08%
	CCL	A	0.08%
	ZBRA	B	0.07%
	GEN	B	0.07%
	XPO	B	0.07%
	BALL	D	0.07%
	PNR	B	0.07%
	HOLX	D	0.06%
	GLW	B	0.06%
	IDXX	F	0.06%
	ACM	B	0.06%
	BURL	A	0.05%
	SMCI	F	0.05%
	DOX	D	0.05%
	MRO	A	0.05%
	SUI	C	0.05%
	MRNA	F	0.04%
	DPZ	C	0.04%
	WST	D	0.04%
	IEX	B	0.04%
	SNAP	D	0.04%
	NDSN	D	0.04%
	NRG	B	0.04%
	LECO	C	0.03%
	STX	D	0.03%
	EXPD	D	0.03%
	MAS	D	0.03%
	AKAM	F	0.03%
	OKTA	D	0.02%
	SJM	D	0.02%
	DKS	D	0.02%
	LKQ	F	0.02%
	FFIV	B	0.02%
	TFX	F	0.02%
	AVTR	F	0.02%
	PSTG	F	0.02%

ESG Underweight 266 Positions Relative to VCSH

	Symbol	Grade	Weight
	TAP	B	-0.1%
	CARR	D	-0.09%
	BIIB	F	-0.08%
	STLA	F	-0.07%
	ETN	B	-0.07%
	CHTR	B	-0.07%
	WBA	F	-0.06%
	HCA	F	-0.06%
	LMT	D	-0.05%
	NOC	D	-0.05%
	NTRS	A	-0.04%
	VFC	C	-0.04%
	WLK	F	-0.04%
	WB	C	-0.04%
	ARCC	A	-0.04%
	FOXA	B	-0.04%
	GSK	F	-0.04%
	AZN	F	-0.04%
	GOOGL	B	-0.04%
	TMUS	B	-0.04%
	JNPR	D	-0.03%
	JBHT	C	-0.03%
	DLR	A	-0.03%
	MSI	B	-0.03%
	EMN	D	-0.03%
	SWKS	F	-0.03%
	CME	A	-0.03%
	AGR	A	-0.03%
	HRL	D	-0.03%
	JD	D	-0.03%
	HAS	D	-0.03%
	MHK	D	-0.03%
	NUE	D	-0.03%
	DXC	D	-0.03%
	WAL	B	-0.03%
	ATO	A	-0.03%
	CNO	B	-0.03%
	SNX	D	-0.03%
	PVH	C	-0.03%
	PHM	D	-0.03%
	BXP	D	-0.03%
	GLPI	C	-0.03%
	JEF	A	-0.03%
	HAL	C	-0.03%
	SYY	D	-0.03%
	SYF	B	-0.03%
	PRU	B	-0.03%
	MOS	D	-0.03%
	WMB	A	-0.03%
	GPN	C	-0.03%
	EPD	A	-0.03%
	MPLX	A	-0.03%
	FIS	C	-0.03%
	BERY	D	-0.03%
	AER	B	-0.03%
	MPC	D	-0.03%
	AXP	B	-0.03%
	VTRS	A	-0.03%
	CMCSA	B	-0.03%
	WPC	C	-0.02%
	SKT	A	-0.02%
	RL	C	-0.02%
	THG	A	-0.02%
	UNM	A	-0.02%
	VNT	C	-0.02%
	STLD	B	-0.02%
	CF	A	-0.02%
	BKU	A	-0.02%
	BEN	C	-0.02%
	CPT	C	-0.02%
	GBDC	B	-0.02%
	BC	D	-0.02%
	ALLE	D	-0.02%
	AIZ	A	-0.02%
	HP	C	-0.02%
	HOG	F	-0.02%
	L	A	-0.02%
	JCI	B	-0.02%
	GXO	B	-0.02%
	KMPR	A	-0.02%
	EQH	B	-0.02%
	FTNT	B	-0.02%
	FRT	B	-0.02%
	NNN	C	-0.02%
	SF	B	-0.02%
	SBRA	B	-0.02%
	TSLX	C	-0.02%
	VNO	C	-0.02%
	BKH	A	-0.02%
	APH	B	-0.02%
	COKE	C	-0.02%
	ALB	B	-0.02%
	BWA	D	-0.02%
	BABA	D	-0.02%
	AWH	F	-0.02%
	AFG	A	-0.02%
	BRO	B	-0.02%
	KEYS	C	-0.02%
	GSBD	F	-0.02%
	HRB	D	-0.02%
	IP	A	-0.02%
	ILMN	C	-0.02%
	OCSL	F	-0.02%
	LAZ	B	-0.02%
	MRVL	B	-0.02%
	CSX	C	-0.02%
	ORI	A	-0.02%
	DVN	F	-0.02%
	LYB	F	-0.02%
	PH	B	-0.02%
	TDY	B	-0.02%
	VOYA	B	-0.02%
	EQR	C	-0.02%
	LIN	D	-0.02%
	OHI	B	-0.02%
	LHX	B	-0.02%
	LDOS	C	-0.02%
	IVZ	C	-0.02%
	HUM	D	-0.02%
	WEC	A	-0.02%
	BRX	A	-0.02%
	CE	F	-0.02%
	AN	D	-0.02%
	CNA	C	-0.02%
	EOG	A	-0.02%
	DGX	A	-0.02%
	FLEX	B	-0.02%
	CNH	C	-0.02%
	ADI	D	-0.02%
	DHR	D	-0.02%
	EFX	F	-0.02%
	OKE	A	-0.02%
	MTB	A	-0.02%
	FSK	A	-0.02%
	GD	D	-0.02%
	CPB	D	-0.02%
	UPS	C	-0.02%
	WEST	C	-0.02%
	PM	A	-0.02%
	NVDA	A	-0.02%
	SPG	A	-0.02%
	ET	A	-0.02%
	EQIX	A	-0.02%
	AL	B	-0.02%
	CM	A	-0.02%
	CCI	C	-0.02%
	PNC	B	-0.02%
	KMI	A	-0.02%
	RTX	D	-0.02%
	RY	B	-0.02%
	PEP	F	-0.02%
	TD	D	-0.02%
	ABBV	F	-0.02%
	HIW	D	-0.01%
	FE	C	-0.01%
	FNB	B	-0.01%
	CACC	F	-0.01%
	VLY	B	-0.01%
	RPM	B	-0.01%
	KSS	F	-0.01%
	G	B	-0.01%
	EPR	D	-0.01%
	NEU	D	-0.01%
	UHS	D	-0.01%
	UDR	C	-0.01%
	VMC	B	-0.01%
	TKR	F	-0.01%
	FAF	C	-0.01%
	HUBB	B	-0.01%
	LEG	F	-0.01%
	CHD	A	-0.01%
	FMC	D	-0.01%
	JHG	B	-0.01%
	HES	B	-0.01%
	IFF	D	-0.01%
	DAL	A	-0.01%
	WHR	B	-0.01%
	SNV	B	-0.01%
	SLG	B	-0.01%
	RS	B	-0.01%
	BDN	C	-0.01%
	BCSF	A	-0.01%
	TME	F	-0.01%
	RGA	B	-0.01%
	SITC	D	-0.01%
	TEL	C	-0.01%
	TRMB	B	-0.01%
	BHP	F	-0.01%
	CSL	C	-0.01%
	FLS	A	-0.01%
	AVB	B	-0.01%
	GP	F	-0.01%
	H	B	-0.01%
	ES	C	-0.01%
	OGS	A	-0.01%
	MLM	B	-0.01%
	LNC	B	-0.01%
	PNW	B	-0.01%
	PSEC	D	-0.01%
	SCCO	F	-0.01%
	TXT	D	-0.01%
	FHN	A	-0.01%
	CUBE	C	-0.01%
	MAIN	A	-0.01%
	MAA	A	-0.01%
	PDM	D	-0.01%
	KIM	A	-0.01%
	HII	F	-0.01%
	KRC	C	-0.01%
	NFG	A	-0.01%
	ORLY	B	-0.01%
	OPI	F	-0.01%
	LEN	D	-0.01%
	NSC	B	-0.01%
	APD	A	-0.01%
	CP	F	-0.01%
	CNP	A	-0.01%
	DHI	D	-0.01%
	AVT	C	-0.01%
	PCAR	C	-0.01%
	AMG	C	-0.01%
	AEE	A	-0.01%
	ARW	F	-0.01%
	PPG	F	-0.01%
	PKG	B	-0.01%
	UAL	A	-0.01%
	WU	F	-0.01%
	ROP	C	-0.01%
	MMM	D	-0.01%
	LH	B	-0.01%
	EVRG	A	-0.01%
	AMP	A	-0.01%
	R	B	-0.01%
	PSX	C	-0.01%
	DTE	C	-0.01%
	O	C	-0.01%
	MCHP	F	-0.01%
	CMA	B	-0.01%
	HON	B	-0.01%
	CFG	B	-0.01%
	BIDU	F	-0.01%
	PAA	B	-0.01%
	AMGN	D	-0.01%
	ALLY	C	-0.01%
	TMO	F	-0.01%
	MO	A	-0.01%
	NEE	C	-0.01%
	SCHW	A	-0.01%
	EXC	C	-0.01%
	BNS	A	-0.01%
	COP	B	-0.01%
	SO	C	-0.01%
	COF	B	-0.01%
	VOD	D	-0.01%
	LUV	B	-0.01%
	GE	D	-0.01%
	DB	D	-0.01%
	BMO	A	-0.01%
	T	A	-0.01%
	PCG	A	-0.01%
	HSBC	A	-0.01%
	NWG	B	-0.01%
	MUFG	A	-0.01%
	WFC	A	-0.01%
	DELL	B	-0.01%
	BA	D	-0.01%

ESG: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Specialty Retail Banks - Regional - US Capital Markets Discount Stores Drug Manufacturers - Major Medical Devices Packaged Foods Semiconductors Software - Infrastructure Business Services Household & Personal Products Medical Instruments & Supplies Restaurants Utilities - Diversified Asset Management Credit Services Data Storage

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Insurance Natural Gas Electricity Electronics Bank Banking Medicine Semiconductor Work From Home Integrated Circuits Investment Bank Mining Pharmaceutical Products Retailing Insurance Products Plastic

VCSH: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Credit Services Diversified Industrials Drug Manufacturers - Major Semiconductors REIT - Office REIT - Retail Specialty Chemicals Business Services Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas Midstream Packaged Foods Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Banking Electricity Dow Jones Component Real Estate Investment Trust Investment Bank Electronics Computing Insurance Products Cash Management Chemical Financial Products Aerospace Commercial Banking Semiconductor Disability