ETHO vs. GQRE ETF Comparison

Comparison of Etho Climate Leadership U.S. ETF (ETHO) to FlexShares Global Quality Real Estate Index Fund (GQRE)

ETHO

Etho Climate Leadership U.S. ETF

ETHO Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Etho Climate Leadership Index - US (the "index"). The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. "Carbon impact" is calculated based on the total greenhouse gas ("GHG") emissions from a company&#39;s operations, fuel use, supply chain, and business activities, divided by the company&#39;s market capitalization. The fund will invest at least 80% of its total assets in the component securities of the index.

Grade (RS Rating)

Last Trade

$59.03

Average Daily Volume

4,857

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

GQRE

FlexShares Global Quality Real Estate Index Fund

GQRE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.98

Average Daily Volume

18,790

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ETHO	GQRE
30 Days	-0.71%	2.19%
60 Days	4.83%	8.34%
90 Days	4.97%	14.25%
12 Months	19.82%	32.25%

8 Overlapping Holdings

Symbol	Grade	Weight in ETHO	Weight in GQRE	Overlap
AAT	C	0.41%	0.24%	0.24%
APLE	D	0.31%	0.44%	0.31%
EPRT	C	0.43%	0.77%	0.43%
HASI	C	0.41%	0.5%	0.41%
HPP	F	0.25%	0.18%	0.18%
PLD	D	0.33%	3.14%	0.33%
SHO	D	0.32%	0.28%	0.28%
XHR	C	0.34%	0.27%	0.27%

ETHO Overweight 278 Positions Relative to GQRE

Symbol	Grade	Weight
ALNY	B	0.61%
SFM	A	0.57%
NOVA	D	0.57%
TPIC	C	0.53%
AGIO	D	0.53%
UTHR	B	0.53%
VCYT	C	0.52%
PTGX	C	0.52%
FTDR	C	0.51%
HLNE	A	0.5%
TSLA	B	0.5%
SMAR	A	0.49%
PIPR	C	0.48%
MOD	C	0.47%
SASR	C	0.46%
NVDA	C	0.46%
PODD	C	0.46%
GKOS	C	0.46%
LITE	C	0.46%
MPWR	C	0.46%
GDDY	D	0.45%
IDCC	A	0.45%
AAPL	C	0.45%
BMI	A	0.45%
COLB	C	0.45%
PLNT	C	0.44%
CARG	C	0.44%
MMSI	C	0.44%
EXTR	D	0.44%
ANET	B	0.44%
TMUS	A	0.43%
MATX	B	0.43%
NMIH	C	0.43%
BKU	D	0.43%
BRC	C	0.43%
NYT	B	0.43%
CPRX	C	0.42%
MSEX	C	0.42%
LII	C	0.42%
CNS	C	0.42%
PFSI	C	0.42%
CAC	C	0.41%
TXN	C	0.41%
LQDT	C	0.41%
RMD	C	0.41%
AAON	B	0.41%
OLED	C	0.41%
CWT	D	0.41%
RARE	C	0.4%
NFLX	C	0.4%
DEA	D	0.4%
EBC	D	0.4%
BRO	A	0.4%
ADI	C	0.4%
INGR	A	0.4%
BKNG	C	0.4%
AWK	C	0.4%
AXP	A	0.4%
TER	D	0.4%
BERY	C	0.39%
DT	C	0.39%
BURL	D	0.39%
AWR	B	0.39%
SSNC	C	0.39%
SHOO	A	0.39%
ZTS	B	0.39%
NTAP	D	0.39%
FFIV	C	0.39%
BOX	C	0.39%
NOW	C	0.39%
TJX	C	0.39%
MTH	B	0.39%
PYPL	B	0.39%
TPH	B	0.39%
HNI	B	0.39%
FFBC	D	0.38%
VRTX	D	0.38%
ATR	A	0.38%
FIBK	D	0.38%
AJG	D	0.38%
VRSK	D	0.38%
KLAC	D	0.38%
INFN	C	0.38%
CBSH	D	0.38%
AMGN	D	0.38%
URI	B	0.38%
BCPC	C	0.38%
LZB	C	0.38%
BOKF	D	0.38%
SCSC	D	0.37%
THS	C	0.37%
ITGR	C	0.37%
CMA	C	0.37%
ESI	B	0.37%
PAYX	A	0.37%
LEVI	B	0.37%
EA	D	0.37%
LFUS	C	0.37%
EXEL	C	0.37%
HWC	D	0.37%
CAKE	B	0.37%
KMB	B	0.37%
PFGC	B	0.36%
PFE	D	0.36%
HBAN	C	0.36%
KEY	C	0.36%
AUB	D	0.36%
TGNA	B	0.36%
KRO	C	0.36%
YETI	D	0.36%
TWLO	C	0.36%
OMC	A	0.36%
VOYA	A	0.36%
DFS	C	0.36%
CSCO	A	0.36%
AGNC	C	0.36%
ZM	B	0.36%
BUSE	D	0.36%
LAD	B	0.36%
IT	C	0.36%
VZ	A	0.36%
ESNT	C	0.36%
DECK	C	0.35%
COLM	B	0.35%
WTFC	C	0.35%
GWW	A	0.35%
ADBE	F	0.35%
MA	A	0.35%
MSCI	B	0.35%
TTWO	F	0.35%
ROST	C	0.35%
CTS	D	0.35%
BZH	B	0.35%
DOCU	B	0.35%
GIII	C	0.35%
PPBI	D	0.35%
ATEN	C	0.35%
ABG	D	0.35%
PRI	A	0.35%
XYL	B	0.35%
DBX	C	0.35%
FC	C	0.35%
ADSK	C	0.35%
RL	B	0.35%
KR	B	0.34%
RUSHA	C	0.34%
CMG	C	0.34%
AMAT	D	0.34%
ASB	F	0.34%
BOH	F	0.34%
CHD	B	0.34%
CROX	C	0.34%
REXR	D	0.34%
QCOM	D	0.34%
VRSN	C	0.34%
GEF	C	0.34%
FHN	D	0.34%
NOVT	D	0.34%
AOS	B	0.34%
SCS	D	0.34%
JKHY	A	0.34%
MSFT	C	0.34%
PTC	D	0.33%
NTNX	D	0.33%
IPG	C	0.33%
CARS	F	0.33%
LCII	B	0.33%
WTS	B	0.33%
IRBT	F	0.33%
NTCT	C	0.33%
FELE	B	0.33%
ITW	B	0.33%
V	C	0.33%
JBT	B	0.32%
CSGS	C	0.32%
HAE	D	0.32%
ANSS	D	0.32%
VVV	D	0.32%
IONS	F	0.32%
EPC	F	0.32%
RHP	C	0.32%
FND	B	0.32%
IDXX	D	0.32%
CGNX	F	0.32%
ENPH	D	0.32%
PSTG	F	0.32%
BE	F	0.32%
INTU	F	0.32%
NDSN	B	0.32%
EXAS	C	0.32%
SYY	B	0.32%
TRMB	B	0.32%
AMKR	F	0.32%
WRB	B	0.32%
PINC	F	0.31%
DAY	C	0.31%
VEEV	C	0.31%
AMD	D	0.31%
THR	F	0.31%
WBS	D	0.31%
MSA	D	0.31%
PARA	F	0.31%
OMF	D	0.31%
CRM	C	0.31%
DDOG	D	0.31%
OZK	F	0.31%
ATRC	D	0.31%
ROG	D	0.31%
ROK	D	0.31%
LPLA	D	0.3%
ELAN	D	0.3%
AMTB	F	0.3%
CDNS	D	0.3%
CDW	D	0.3%
POWI	F	0.3%
ZS	F	0.3%
REZI	F	0.3%
WDAY	D	0.3%
KELYA	D	0.29%
PAYC	D	0.29%
RHI	D	0.29%
LRCX	F	0.29%
HUBS	D	0.29%
GNTX	F	0.29%
PEN	D	0.29%
CASS	D	0.29%
ALLY	F	0.29%
MRK	F	0.29%
SITE	D	0.29%
SCL	D	0.29%
MXL	F	0.28%
ENTG	D	0.28%
BL	D	0.28%
IPGP	D	0.28%
MKSI	F	0.28%
ETSY	F	0.28%
THRM	F	0.28%
NBIX	F	0.28%
W	D	0.28%
SIGI	D	0.28%
USNA	F	0.27%
CRI	D	0.27%
RGEN	F	0.27%
COTY	F	0.27%
HVT	F	0.27%
BMRN	F	0.27%
BRKR	D	0.26%
GPN	F	0.26%
LEA	F	0.26%
COHU	F	0.26%
ALG	D	0.25%
DENN	D	0.25%
TTGT	F	0.25%
CYTK	F	0.25%
MDB	D	0.25%
EW	F	0.24%
OKTA	F	0.24%
VAC	D	0.24%
EPAM	F	0.24%
AMN	F	0.23%
TREX	D	0.23%
RMBS	F	0.23%
LSCC	D	0.23%
ARWR	F	0.23%
MOV	F	0.23%
EL	D	0.22%
ALLO	F	0.22%
PLUG	F	0.22%
MRNA	F	0.21%
MYRG	F	0.2%
HELE	D	0.18%
PCRX	F	0.17%
EB	F	0.17%
EDIT	F	0.16%
DXCM	F	0.16%
ATKR	F	0.15%
NVRO	F	0.12%
CHGG	F	0.08%

ETHO Underweight 55 Positions Relative to GQRE

Symbol	Grade	Weight
SPG	A	-5.29%
DLR	C	-5.01%
AVB	C	-4.15%
EQR	C	-3.26%
AMT	C	-2.69%
VICI	C	-2.5%
ESS	C	-2.45%
KIM	C	-2.01%
UDR	C	-1.82%
CPT	C	-1.7%
HST	D	-1.66%
EQIX	B	-1.65%
AMH	D	-1.63%
CUBE	C	-1.55%
LAMR	C	-1.51%
REG	B	-1.48%
WELL	B	-1.29%
NNN	A	-1.15%
FR	C	-0.97%
ADC	B	-0.97%
STAG	D	-0.93%
VNO	B	-0.82%
KRG	C	-0.75%
IRM	B	-0.68%
PSA	C	-0.67%
IRT	C	-0.59%
CUZ	C	-0.58%
SLG	C	-0.58%
KRC	C	-0.57%
SBRA	C	-0.56%
IIPR	C	-0.5%
NHI	C	-0.47%
EPR	C	-0.47%
HIW	C	-0.46%
BNL	B	-0.46%
SKT	A	-0.46%
WY	B	-0.45%
O	A	-0.44%
NSA	C	-0.43%
PK	D	-0.41%
UE	B	-0.33%
AKR	B	-0.32%
DBRG	D	-0.31%
EQC	D	-0.28%
IVT	B	-0.27%
JOE	D	-0.27%
LTC	C	-0.26%
PDM	C	-0.26%
ESRT	C	-0.26%
DRH	D	-0.25%
ALEX	D	-0.25%
NXRT	D	-0.23%
RLJ	D	-0.23%
CSR	D	-0.22%
CCI	A	-0.2%