FEUS vs. EFIV ETF Comparison

Comparison of FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) to SPDR S&P 500 ESG ETF (EFIV)

FEUS

FlexShares ESG & Climate US Large Cap Core Index Fund

FEUS Description

FlexShares ESG & Climate US Large Cap Core Index Fund is an exchange traded indexed fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across large market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Northern Trust ESG & Climate US Large Cap Core Index, by using representative sampling technique. FlexShares ESG & Climate US Large Cap Core Index Fund was formed on September 20, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.26

Average Daily Volume

1,057

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

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

$55.35

Average Daily Volume

126,970

Number of Holdings ^*

316

* may have additional holdings in another (foreign) market

Performance

Period	FEUS	EFIV
30 Days	2.31%	1.58%
60 Days	3.51%	2.96%
90 Days	4.68%	4.08%
12 Months	29.51%	29.90%

111 Overlapping Holdings

Symbol	Grade	Weight in FEUS	Weight in EFIV	Overlap
AAPL	C	6.9%	9.5%	6.9%
ACN	C	0.73%	0.65%	0.65%
ADBE	F	1.3%	0.78%	0.78%
ADP	B	1.01%	0.34%	0.34%
ADSK	C	0.3%	0.16%	0.16%
AFL	C	0.12%	0.17%	0.12%
AKAM	D	0.15%	0.04%	0.04%
AMAT	D	0.9%	0.45%	0.45%
AMGN	B	1.09%	0.52%	0.52%
AVB	B	0.15%	0.1%	0.1%
AVY	C	0.17%	0.05%	0.05%
AWK	B	0.29%	0.08%	0.08%
AXP	B	1.04%	0.43%	0.43%
BIIB	F	0.29%	0.09%	0.09%
BLK	B	0.22%	0.37%	0.22%
BMY	C	0.05%	0.29%	0.05%
BSX	B	1.04%	0.36%	0.36%
BXP	B	0.12%	0.03%	0.03%
C	C	0.29%	0.32%	0.29%
CB	B	0.6%	0.35%	0.35%
CI	C	0.99%	0.3%	0.3%
CL	D	0.83%	0.26%	0.26%
CMCSA	D	0.64%	0.46%	0.46%
CMI	C	0.41%	0.12%	0.12%
CRM	D	1.19%	0.73%	0.73%
CSCO	C	0.09%	0.59%	0.09%
CSX	D	0.65%	0.19%	0.19%
CTAS	B	0.73%	0.21%	0.21%
CVS	D	0.72%	0.21%	0.21%
CVX	D	0.04%	0.71%	0.04%
DE	B	0.86%	0.3%	0.3%
DIS	D	0.75%	0.48%	0.48%
EBAY	B	0.31%	0.1%	0.1%
ECL	B	0.65%	0.19%	0.19%
ED	C	0.36%	0.11%	0.11%
EL	F	0.2%	0.06%	0.06%
ELV	C	0.94%	0.38%	0.38%
EQIX	C	0.83%	0.25%	0.25%
EQT	D	0.14%	0.06%	0.06%
ES	C	0.24%	0.07%	0.07%
EXC	C	0.4%	0.12%	0.12%
EXPE	C	0.17%	0.05%	0.05%
GILD	B	0.45%	0.31%	0.31%
GOOG	D	2.26%	2.25%	2.25%
GOOGL	D	2.51%	2.69%	2.51%
HD	B	0.45%	1.1%	0.45%
HIG	B	0.34%	0.1%	0.1%
HPE	D	0.22%	0.06%	0.06%
HPQ	D	0.32%	0.08%	0.08%
HST	C	0.12%	0.04%	0.04%
HUBB	B	0.03%	0.06%	0.03%
HUM	F	0.39%	0.12%	0.12%
INTC	F	0.83%	0.24%	0.24%
IPG	C	0.11%	0.03%	0.03%
JCI	B	0.37%	0.14%	0.14%
JPM	D	1.9%	1.75%	1.75%
KR	C	0.38%	0.11%	0.11%
LLY	C	0.53%	2.21%	0.53%
LOW	B	0.05%	0.43%	0.05%
LULU	D	0.07%	0.09%	0.07%
LVS	D	0.15%	0.04%	0.04%
MA	B	1.59%	1.2%	1.2%
MAR	C	0.03%	0.17%	0.03%
MCO	B	0.79%	0.22%	0.22%
MDLZ	B	0.07%	0.29%	0.07%
MDT	C	0.66%	0.35%	0.35%
MET	B	0.45%	0.14%	0.14%
MPC	F	0.56%	0.17%	0.17%
MRK	D	1.2%	0.86%	0.86%
MS	D	0.91%	0.36%	0.36%
MSCI	C	0.43%	0.13%	0.13%
MSFT	C	6.77%	9.39%	6.77%
MTD	D	0.09%	0.09%	0.09%
NDAQ	A	0.25%	0.09%	0.09%
NEE	C	0.05%	0.51%	0.05%
NEM	B	0.61%	0.18%	0.18%
NKE	D	0.88%	0.28%	0.28%
NSC	C	0.57%	0.17%	0.17%
NVDA	D	6.58%	8.67%	6.58%
OKE	B	0.53%	0.16%	0.16%
PAYX	C	0.43%	0.13%	0.13%
PEG	B	0.34%	0.12%	0.12%
PEP	C	1.24%	0.72%	0.72%
PFE	C	1.03%	0.49%	0.49%
PG	C	0.88%	1.21%	0.88%
PLD	C	0.95%	0.36%	0.36%
PPG	D	0.03%	0.09%	0.03%
PYPL	B	0.69%	0.22%	0.22%
QCOM	D	0.59%	0.55%	0.55%
REGN	C	0.96%	0.37%	0.37%
SHW	B	0.62%	0.26%	0.26%
SLB	F	0.56%	0.17%	0.17%
SPGI	B	1.09%	0.49%	0.49%
SYY	D	0.39%	0.11%	0.11%
TGT	C	0.69%	0.2%	0.2%
TJX	B	0.22%	0.39%	0.22%
TSCO	C	0.3%	0.09%	0.09%
TSLA	C	2.1%	1.89%	1.89%
TT	B	0.82%	0.24%	0.24%
ULTA	D	0.19%	0.05%	0.05%
UNH	C	0.11%	1.6%	0.11%
UNP	C	1.04%	0.45%	0.45%
V	C	1.74%	1.33%	1.33%
VLO	F	0.14%	0.13%	0.13%
WAB	B	0.29%	0.09%	0.09%
WM	D	0.7%	0.23%	0.23%
WMB	B	0.55%	0.16%	0.16%
WMT	C	0.83%	1.01%	0.83%
WY	C	0.23%	0.07%	0.07%
XOM	C	0.08%	1.48%	0.08%
XYL	C	0.14%	0.09%	0.09%

FEUS Overweight 24 Positions Relative to EFIV

Symbol	Grade	Weight
AMZN	C	4.24%
META	B	1.6%
JNJ	C	1.55%
IBM	B	1.2%
VZ	B	0.86%
NOW	B	0.72%
BRK.A	C	0.66%
WDAY	D	0.53%
AVGO	C	0.49%
ABNB	D	0.48%
PCG	C	0.4%
LNG	C	0.36%
DELL	D	0.3%
BKNG	C	0.27%
FSLR	C	0.24%
CLX	C	0.2%
ILMN	C	0.2%
WSM	D	0.16%
ZM	C	0.16%
ENPH	D	0.14%
OC	D	0.13%
BLD	D	0.12%
CNH	D	0.09%
EFX	B	0.02%

FEUS Underweight 205 Positions Relative to EFIV

Symbol	Grade	Weight
COST	B	-1.2%
ABBV	C	-1.01%
KO	C	-0.82%
BAC	D	-0.78%
AMD	D	-0.72%
LIN	B	-0.66%
MCD	B	-0.62%
ABT	C	-0.6%
GE	B	-0.55%
DHR	B	-0.53%
CAT	B	-0.49%
T	C	-0.46%
GS	C	-0.45%
UBER	C	-0.42%
SYK	C	-0.37%
ETN	C	-0.36%
MMC	C	-0.34%
AMT	C	-0.33%
SBUX	C	-0.33%
TMUS	C	-0.31%
MU	F	-0.29%
LRCX	F	-0.29%
KLAC	D	-0.29%
UPS	D	-0.28%
SCHW	D	-0.27%
ICE	C	-0.27%
ZTS	C	-0.26%
WELL	C	-0.23%
CMG	C	-0.23%
CME	C	-0.23%
PH	B	-0.22%
AON	B	-0.22%
PNC	B	-0.21%
ITW	C	-0.2%
BDX	D	-0.2%
USB	B	-0.2%
CARR	B	-0.19%
AJG	D	-0.19%
FCX	D	-0.18%
APD	B	-0.18%
DHI	B	-0.17%
PSA	B	-0.17%
EMR	D	-0.17%
COF	B	-0.16%
GM	C	-0.16%
TRV	C	-0.16%
PSX	F	-0.16%
HLT	B	-0.16%
TFC	C	-0.16%
PCAR	D	-0.15%
ROST	C	-0.15%
SRE	C	-0.15%
BK	B	-0.15%
DLR	B	-0.15%
FIS	B	-0.14%
URI	B	-0.14%
AIG	D	-0.14%
ALL	B	-0.14%
AMP	A	-0.13%
TEL	D	-0.13%
GWW	B	-0.13%
PWR	B	-0.12%
RCL	B	-0.12%
CNC	D	-0.12%
A	C	-0.12%
KMI	B	-0.12%
EW	F	-0.12%
IDXX	C	-0.12%
GIS	B	-0.12%
PRU	C	-0.12%
ACGL	C	-0.12%
RSG	D	-0.12%
CBRE	A	-0.11%
IR	C	-0.11%
RMD	C	-0.11%
OTIS	C	-0.11%
EXR	B	-0.11%
YUM	D	-0.11%
AME	C	-0.11%
KDP	B	-0.11%
VRSK	D	-0.11%
CTVA	B	-0.11%
EIX	C	-0.1%
TRGP	B	-0.1%
BKR	C	-0.1%
IRM	C	-0.1%
OXY	F	-0.1%
HES	F	-0.1%
DOW	D	-0.1%
EA	D	-0.1%
HSY	C	-0.09%
WTW	C	-0.09%
ON	D	-0.09%
ROK	D	-0.09%
FANG	D	-0.09%
ADM	D	-0.09%
CSGP	D	-0.09%
DFS	B	-0.09%
FTV	C	-0.08%
SBAC	C	-0.08%
DOV	B	-0.08%
VTR	C	-0.08%
IFF	B	-0.08%
ETR	B	-0.08%
EQR	B	-0.08%
AXON	B	-0.08%
CAH	C	-0.08%
MTB	B	-0.08%
FITB	B	-0.08%
KHC	C	-0.08%
PHM	B	-0.08%
GPN	D	-0.08%
DAL	C	-0.08%
CPAY	B	-0.07%
SW	B	-0.07%
MRNA	F	-0.07%
TROW	D	-0.07%
TTWO	C	-0.07%
LYB	D	-0.07%
DECK	C	-0.07%
STT	A	-0.07%
HAL	F	-0.07%
BR	D	-0.07%
DVN	F	-0.07%
WAT	C	-0.06%
SYF	C	-0.06%
HOLX	B	-0.06%
BBY	C	-0.06%
ARE	C	-0.06%
GPC	D	-0.06%
OMC	B	-0.06%
BAX	C	-0.06%
RF	B	-0.06%
BALL	C	-0.06%
WDC	D	-0.06%
HBAN	B	-0.06%
MKC	C	-0.06%
K	B	-0.06%
ZBH	F	-0.06%
RJF	C	-0.06%
CBOE	C	-0.06%
AMCR	B	-0.05%
KIM	C	-0.05%
DOC	C	-0.05%
DGX	B	-0.05%
EG	C	-0.05%
CCL	C	-0.05%
FDS	C	-0.05%
MAS	B	-0.05%
TSN	C	-0.05%
PFG	B	-0.05%
NTRS	A	-0.05%
CFG	C	-0.05%
APTV	D	-0.05%
KMX	D	-0.04%
ALLE	B	-0.04%
SJM	C	-0.04%
REG	C	-0.04%
JKHY	B	-0.04%
JBHT	D	-0.04%
POOL	C	-0.04%
UDR	C	-0.04%
CF	C	-0.04%
IEX	D	-0.04%
SWK	B	-0.04%
KEY	B	-0.04%
CAG	C	-0.04%
PNR	B	-0.04%
FRT	C	-0.03%
GL	C	-0.03%
HAS	B	-0.03%
DAY	D	-0.03%
HRL	C	-0.03%
LW	D	-0.03%
TPR	C	-0.03%
MGM	F	-0.03%
NWSA	D	-0.03%
CPB	C	-0.03%
CRL	F	-0.03%
TAP	D	-0.03%
AIZ	B	-0.03%
MKTX	C	-0.03%
ALB	D	-0.03%
LKQ	F	-0.03%
INCY	C	-0.03%
TFX	C	-0.03%
CHRW	B	-0.03%
BEN	F	-0.02%
BBWI	F	-0.02%
ETSY	F	-0.02%
WBA	F	-0.02%
BIO	C	-0.02%
AAL	D	-0.02%
IVZ	B	-0.02%
WYNN	D	-0.02%
RL	C	-0.02%
BWA	D	-0.02%
MHK	C	-0.02%
FMC	C	-0.02%
CZR	C	-0.02%
NCLH	C	-0.02%
MOS	F	-0.02%
DVA	B	-0.02%
NWS	D	-0.01%
PARA	F	-0.01%