FXR vs. LKOR ETF Comparison

Comparison of First Trust Industrials AlphaDEX (FXR) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)

FXR

First Trust Industrials AlphaDEX

FXR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.15

Average Daily Volume

33,507

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

LKOR

FlexShares Credit-Scored US Long Corporate Bond Index Fund

LKOR Description

Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund is an exchange traded fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in fixed income markets of the United States. It invests in US-dollar denominated investment grade bonds of companies rated BBB or higher by S&P or Fitch or Baa3 or higher by Moody's and with maturities greater than or equal to ten years. The fund seeks to track the performance of the Northern Trust Credit-Scored US Long Corporate Bond Index, by employing representative sampling methodology. Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund was formed on September 23, 2015 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$43.00

Average Daily Volume

6,834

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	FXR	LKOR
30 Days	7.85%	-0.56%
60 Days	9.12%	-5.06%
90 Days	12.26%	-3.66%
12 Months	40.52%	9.17%

18 Overlapping Holdings

Symbol	Grade	Weight in FXR	Weight in LKOR	Overlap
CSX	B	0.72%	0.12%	0.12%
DOV	A	0.74%	0.24%	0.24%
DOW	F	0.37%	0.32%	0.32%
EFX	F	0.63%	0.13%	0.13%
EMR	A	0.27%	0.12%	0.12%
FTV	C	0.43%	0.05%	0.05%
GWW	B	0.51%	0.24%	0.24%
HON	B	0.25%	0.25%	0.25%
LHX	C	0.24%	0.05%	0.05%
LMT	D	1.08%	0.24%	0.24%
MAS	D	0.21%	0.11%	0.11%
MLM	B	0.99%	0.11%	0.11%
MMM	D	0.87%	0.26%	0.26%
OC	A	1.29%	0.11%	0.11%
RPM	A	0.25%	0.1%	0.1%
SHW	A	0.71%	0.21%	0.21%
TT	A	1.23%	0.12%	0.12%
UNP	C	0.22%	0.16%	0.16%

FXR Overweight 119 Positions Relative to LKOR

Symbol	Grade	Weight
AXON	A	1.77%
SYF	B	1.52%
WCC	B	1.45%
AAON	B	1.44%
SNA	A	1.44%
FICO	B	1.4%
MDU	D	1.38%
PCAR	B	1.36%
G	B	1.35%
EME	C	1.35%
GPN	B	1.33%
FIX	A	1.32%
HWM	A	1.32%
OSK	B	1.3%
FOUR	B	1.3%
AL	B	1.27%
PWR	A	1.27%
HEI	B	1.24%
AXP	A	1.24%
URI	B	1.23%
LPX	B	1.22%
CNH	C	1.12%
ALSN	B	1.1%
SON	D	1.08%
GTES	A	1.07%
GNRC	B	1.06%
FI	A	1.06%
VNT	B	1.04%
R	B	1.03%
TTEK	F	1.02%
SNDR	B	0.97%
EXP	A	0.96%
FDX	B	0.96%
CTAS	B	0.95%
ADTN	A	0.93%
MSM	C	0.9%
CSL	C	0.9%
CXT	B	0.89%
TXT	D	0.88%
BERY	B	0.88%
GPK	C	0.87%
BC	C	0.87%
VSTS	C	0.86%
TRU	D	0.86%
BAH	F	0.86%
COF	B	0.86%
TDG	D	0.85%
AGCO	D	0.85%
GE	D	0.85%
AYI	B	0.84%
BLDR	D	0.84%
BWXT	B	0.83%
AWI	A	0.82%
PKG	A	0.77%
TDY	B	0.76%
ZBRA	B	0.75%
JBHT	C	0.75%
NVT	B	0.74%
KEX	C	0.74%
KNX	B	0.73%
DCI	B	0.73%
LII	A	0.72%
SLGN	A	0.72%
EEFT	B	0.72%
CAT	B	0.69%
MIDD	C	0.68%
HII	D	0.67%
SSD	D	0.67%
DE	A	0.66%
VLTO	D	0.65%
SPR	D	0.65%
BLD	D	0.63%
WU	D	0.62%
SAIA	B	0.56%
SQ	B	0.56%
ESAB	B	0.54%
GXO	B	0.52%
CMI	A	0.51%
PYPL	B	0.5%
RHI	B	0.5%
LECO	B	0.49%
PNR	A	0.49%
ATR	B	0.49%
IEX	B	0.48%
J	F	0.48%
AZEK	A	0.45%
GD	F	0.44%
UPS	C	0.44%
SEE	C	0.44%
CNM	D	0.43%
TTC	D	0.43%
CARR	D	0.42%
PPG	F	0.42%
AMCR	D	0.41%
FCN	D	0.39%
ATI	D	0.38%
AOS	F	0.37%
WMS	D	0.37%
FLS	B	0.26%
ADP	B	0.25%
CW	B	0.25%
PH	A	0.25%
AXTA	A	0.25%
AME	A	0.25%
VMC	B	0.25%
WAB	B	0.24%
WWD	B	0.23%
ITT	A	0.23%
GGG	B	0.23%
KEYS	A	0.22%
ALLE	D	0.22%
MSA	D	0.22%
JKHY	D	0.22%
NDSN	B	0.22%
LSTR	D	0.22%
BALL	D	0.21%
EXPD	D	0.21%
LFUS	F	0.21%
FBIN	D	0.19%

FXR Underweight 145 Positions Relative to LKOR

Symbol	Grade	Weight
PM	B	-0.7%
SCCO	F	-0.64%
ACGL	D	-0.55%
DUK	C	-0.5%
HSBC	B	-0.48%
LNT	A	-0.4%
V	A	-0.4%
FITB	A	-0.39%
KOF	F	-0.37%
INTC	D	-0.37%
BA	F	-0.37%
HPE	B	-0.37%
NI	A	-0.37%
CVS	D	-0.36%
GILD	C	-0.35%
ABBV	D	-0.33%
CAH	B	-0.31%
CP	D	-0.29%
NNN	D	-0.29%
ED	D	-0.29%
AEP	D	-0.28%
RF	A	-0.28%
TEL	B	-0.28%
AMT	D	-0.27%
KMB	D	-0.26%
JEF	A	-0.26%
NOC	D	-0.26%
CHTR	C	-0.26%
LOW	D	-0.25%
ORCL	B	-0.25%
WFC	A	-0.25%
CAG	D	-0.24%
AEE	A	-0.24%
NEM	D	-0.24%
WEC	A	-0.24%
CMS	C	-0.24%
MMC	B	-0.24%
BHP	F	-0.24%
CMCSA	B	-0.24%
HCA	F	-0.24%
KDP	D	-0.24%
HPQ	B	-0.24%
MKL	A	-0.24%
OKE	A	-0.24%
FOXA	B	-0.24%
LH	C	-0.23%
LYB	F	-0.23%
PGR	A	-0.23%
IBM	C	-0.23%
MCK	B	-0.23%
AIG	B	-0.23%
TXN	C	-0.23%
WRB	A	-0.23%
ATO	A	-0.23%
BDX	F	-0.23%
SBUX	A	-0.23%
AMGN	D	-0.23%
CSCO	B	-0.23%
BAC	A	-0.23%
D	C	-0.23%
MA	C	-0.22%
EXC	C	-0.22%
MRO	B	-0.22%
VMI	B	-0.22%
EL	F	-0.21%
NVDA	C	-0.21%
SRE	A	-0.21%
GS	A	-0.21%
EIX	B	-0.21%
C	A	-0.21%
KLAC	D	-0.2%
EG	C	-0.2%
HIG	B	-0.2%
AVGO	D	-0.2%
PAA	B	-0.2%
MO	A	-0.2%
STZ	D	-0.19%
NDAQ	A	-0.19%
ZTS	D	-0.19%
KO	D	-0.19%
CCI	D	-0.19%
KMI	A	-0.19%
HD	A	-0.19%
LEA	D	-0.18%
EBAY	D	-0.18%
CPB	D	-0.18%
AIZ	A	-0.18%
ARE	D	-0.18%
AMZN	C	-0.18%
EPD	A	-0.18%
VZ	C	-0.18%
REGN	F	-0.17%
AAPL	C	-0.17%
SPGI	C	-0.16%
UNH	C	-0.16%
HAL	C	-0.14%
MS	A	-0.14%
MET	A	-0.14%
JCI	C	-0.13%
APTV	D	-0.13%
HAS	D	-0.13%
AON	A	-0.13%
GM	B	-0.13%
XOM	B	-0.12%
WELL	A	-0.12%
IFF	D	-0.12%
VTR	C	-0.12%
GOOGL	C	-0.12%
IPG	D	-0.12%
AFL	B	-0.12%
NSC	B	-0.12%
MCO	B	-0.12%
JNJ	D	-0.12%
MCD	D	-0.12%
PRU	A	-0.11%
BWA	D	-0.11%
CHD	B	-0.11%
DG	F	-0.11%
REG	B	-0.11%
RJF	A	-0.11%
FMC	D	-0.11%
SO	D	-0.11%
BABA	D	-0.11%
OTIS	C	-0.1%
VRSK	A	-0.1%
KIM	A	-0.1%
SJM	D	-0.1%
DHR	F	-0.1%
WBA	F	-0.1%
ELV	F	-0.1%
BHF	B	-0.1%
WTW	B	-0.1%
GLW	B	-0.1%
MSFT	F	-0.1%
MDLZ	F	-0.09%
EA	A	-0.09%
BIIB	F	-0.09%
RPRX	D	-0.09%
PCG	A	-0.09%
JPM	A	-0.09%
T	A	-0.09%
HUM	C	-0.07%
ITW	B	-0.06%
SIGI	C	-0.06%
ALL	A	-0.04%