IMCV vs. LKOR ETF Comparison

Comparison of iShares Morningstar Mid-Cap Value ETF (IMCV) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)

IMCV

iShares Morningstar Mid-Cap Value ETF

IMCV Description

The investment seeks to track the investment results of the MorningstarÂ® US Mid Cap Broad Value IndexSM composed of mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by mid-capitalization companies that have exhibited âvalueâ characteristics as determined by Morningstar, Inc. (Morningstar or the index providerâ) proprietary index methodology.

Grade (RS Rating)

Last Trade

$78.42

Average Daily Volume

15,826

Number of Holdings ^*

303

* 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

$43.15

Average Daily Volume

6,925

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	IMCV	LKOR
30 Days	0.63%	-2.23%
60 Days	2.56%	-4.98%
90 Days	5.66%	-3.28%
12 Months	26.48%	10.12%

73 Overlapping Holdings

Symbol	Grade	Weight in IMCV	Weight in LKOR	Overlap
ACGL	D	0.46%	0.55%	0.46%
AEE	A	0.43%	0.24%	0.24%
AEP	C	0.91%	0.28%	0.28%
AFL	C	0.97%	0.12%	0.12%
AIG	C	0.87%	0.23%	0.23%
ALL	A	0.53%	0.04%	0.04%
APTV	F	0.12%	0.13%	0.12%
ARE	F	0.22%	0.18%	0.18%
ATO	A	0.39%	0.23%	0.23%
BIIB	F	0.45%	0.09%	0.09%
CAG	F	0.24%	0.24%	0.24%
CAH	B	0.52%	0.31%	0.31%
CCI	C	0.81%	0.19%	0.19%
CHTR	B	0.69%	0.26%	0.26%
CMS	C	0.23%	0.24%	0.23%
CPB	D	0.16%	0.18%	0.16%
D	C	0.49%	0.23%	0.23%
DG	F	0.3%	0.11%	0.11%
DOV	B	0.15%	0.24%	0.15%
DOW	F	0.34%	0.32%	0.32%
EA	A	0.2%	0.09%	0.09%
EBAY	D	0.35%	0.18%	0.18%
ED	C	0.6%	0.29%	0.29%
EG	D	0.29%	0.2%	0.2%
EIX	C	0.57%	0.21%	0.21%
EXC	C	0.67%	0.22%	0.22%
FITB	B	0.56%	0.39%	0.39%
FOXA	B	0.19%	0.24%	0.19%
FTV	D	0.14%	0.05%	0.05%
GLW	B	0.67%	0.1%	0.1%
GM	B	1.11%	0.13%	0.13%
HAL	C	0.21%	0.14%	0.14%
HIG	B	0.62%	0.2%	0.2%
HPE	B	0.51%	0.37%	0.37%
HPQ	B	0.65%	0.24%	0.24%
HUM	D	0.62%	0.07%	0.07%
IFF	D	0.42%	0.12%	0.12%
IPG	F	0.2%	0.12%	0.12%
JCI	B	0.42%	0.13%	0.13%
KDP	D	0.41%	0.24%	0.24%
KIM	A	0.09%	0.1%	0.09%
KMB	C	0.52%	0.26%	0.26%
KMI	A	0.94%	0.19%	0.19%
LH	B	0.36%	0.23%	0.23%
LHX	B	0.88%	0.05%	0.05%
LNT	A	0.26%	0.4%	0.26%
LYB	F	0.39%	0.23%	0.23%
MAS	D	0.18%	0.11%	0.11%
MKL	A	0.14%	0.24%	0.14%
MRO	A	0.28%	0.22%	0.22%
NDAQ	A	0.33%	0.19%	0.19%
NEM	D	0.4%	0.24%	0.24%
NI	A	0.29%	0.37%	0.29%
NSC	B	1.09%	0.12%	0.12%
OC	A	0.29%	0.11%	0.11%
OKE	A	1.11%	0.24%	0.24%
OTIS	C	0.28%	0.1%	0.1%
PCG	A	0.46%	0.09%	0.09%
PRU	B	0.78%	0.11%	0.11%
REG	A	0.13%	0.11%	0.11%
RF	A	0.42%	0.28%	0.28%
RJF	A	0.21%	0.11%	0.11%
RPM	B	0.1%	0.1%	0.1%
RPRX	F	0.19%	0.09%	0.09%
SJM	D	0.22%	0.1%	0.1%
SRE	A	1.02%	0.21%	0.21%
STZ	D	0.31%	0.19%	0.19%
TEL	C	0.4%	0.28%	0.28%
VTR	B	0.31%	0.12%	0.12%
WBA	F	0.12%	0.1%	0.1%
WEC	A	0.55%	0.24%	0.24%
WRB	B	0.14%	0.23%	0.14%
WTW	B	0.3%	0.1%	0.1%

IMCV Overweight 230 Positions Relative to LKOR

Symbol	Grade	Weight
COF	B	1.26%
WMB	A	1.22%
TFC	A	1.07%
PCAR	C	1.05%
BK	B	1.01%
SPG	A	0.98%
DHI	D	0.89%
FIS	C	0.88%
GEV	A	0.8%
VLO	C	0.78%
F	C	0.77%
PEG	C	0.76%
FERG	C	0.75%
KVUE	A	0.73%
CTSH	C	0.72%
KR	B	0.72%
LEN	D	0.72%
NUE	D	0.67%
XEL	A	0.66%
GIS	F	0.65%
MTB	A	0.62%
TRV	A	0.6%
O	C	0.59%
VICI	C	0.58%
LNG	A	0.58%
ETR	A	0.56%
FANG	D	0.56%
CNC	F	0.56%
URI	B	0.54%
KHC	F	0.52%
UAL	A	0.51%
STT	B	0.51%
PSA	C	0.5%
NVR	D	0.5%
SW	A	0.47%
TROW	B	0.47%
CARR	D	0.47%
SYF	B	0.46%
HBAN	B	0.45%
DVN	F	0.44%
PPL	A	0.44%
ADM	D	0.44%
TRGP	A	0.44%
CCL	A	0.43%
DTE	C	0.43%
EXR	C	0.41%
WY	D	0.41%
CTVA	C	0.4%
WDC	F	0.4%
BKR	B	0.39%
STLD	B	0.39%
MCHP	F	0.39%
FE	C	0.38%
STX	D	0.38%
K	B	0.38%
PKG	B	0.38%
ES	C	0.38%
DAL	A	0.38%
NTRS	A	0.38%
CFG	B	0.37%
DELL	B	0.36%
OMC	C	0.36%
WBD	B	0.36%
ZM	B	0.35%
COR	B	0.35%
IP	A	0.35%
PFG	C	0.35%
DFS	B	0.34%
ON	F	0.34%
CNP	A	0.34%
HOLX	D	0.33%
GEHC	D	0.33%
EXE	A	0.33%
DD	D	0.33%
MSTR	A	0.33%
RS	B	0.32%
PPG	F	0.32%
KEY	B	0.32%
AMP	A	0.32%
VST	A	0.31%
IRM	C	0.31%
BBY	D	0.31%
BAX	F	0.31%
DGX	A	0.31%
AVB	B	0.3%
EXPD	D	0.3%
GPN	C	0.3%
THC	C	0.29%
DOC	D	0.29%
SSNC	C	0.29%
RCL	A	0.29%
L	A	0.28%
CMI	A	0.28%
VTRS	A	0.28%
UTHR	C	0.28%
KEYS	C	0.28%
CBRE	B	0.28%
LDOS	C	0.28%
PHM	D	0.28%
DLR	A	0.28%
EQR	C	0.27%
CF	A	0.27%
FNF	A	0.27%
IQV	F	0.26%
AMCR	D	0.26%
RGA	B	0.26%
RNR	C	0.25%
SWKS	F	0.25%
EVRG	A	0.25%
EQH	B	0.25%
CINF	A	0.25%
AWK	C	0.24%
BXP	D	0.23%
GLPI	C	0.23%
NRG	B	0.23%
UNM	A	0.22%
WPC	C	0.22%
BG	D	0.22%
NTAP	C	0.22%
SNA	B	0.22%
HST	D	0.22%
JNPR	D	0.22%
HSY	F	0.21%
MAA	A	0.21%
OVV	C	0.21%
GRMN	B	0.21%
EMN	D	0.21%
ZBH	C	0.2%
FLEX	B	0.2%
EXPE	B	0.2%
NWSA	B	0.2%
BLDR	D	0.2%
CG	B	0.2%
TDY	B	0.19%
LUV	B	0.19%
CTRA	B	0.19%
GPC	F	0.18%
SOLV	F	0.18%
CPNG	D	0.18%
DRI	C	0.18%
ALLY	C	0.18%
VLTO	C	0.18%
ESS	A	0.18%
LKQ	F	0.18%
TOL	B	0.18%
TAP	B	0.18%
ULTA	F	0.17%
AES	F	0.17%
CNH	C	0.17%
TXT	D	0.16%
TER	F	0.16%
MRNA	F	0.16%
TSCO	D	0.16%
MOS	D	0.16%
MKC	D	0.16%
FFIV	B	0.15%
WAT	C	0.15%
EQT	A	0.15%
MOH	F	0.15%
TSN	B	0.15%
RVTY	D	0.15%
DKNG	B	0.15%
AR	B	0.15%
PINS	F	0.14%
ACI	C	0.14%
APA	F	0.14%
BALL	D	0.14%
GEN	B	0.14%
AVY	D	0.14%
CCK	D	0.13%
DLTR	F	0.13%
POOL	D	0.13%
CPT	C	0.13%
SWK	F	0.13%
CLX	A	0.13%
AKAM	F	0.13%
USFD	A	0.13%
DKS	D	0.12%
JBL	C	0.12%
WTRG	B	0.12%
UHS	D	0.12%
DINO	D	0.12%
XPO	B	0.11%
ENTG	F	0.11%
BEN	C	0.11%
JBHT	C	0.11%
SNX	D	0.11%
INCY	C	0.11%
J	D	0.11%
BJ	B	0.11%
CPAY	A	0.11%
EPAM	C	0.11%
AVTR	F	0.11%
SIRI	D	0.11%
AFG	A	0.11%
FOX	A	0.1%
WSM	D	0.1%
KMX	C	0.1%
ALB	B	0.1%
BAH	D	0.1%
TFX	F	0.1%
ALGN	D	0.1%
SCI	A	0.1%
COO	D	0.1%
TRMB	B	0.1%
ACM	B	0.1%
HRL	D	0.1%
BLD	F	0.09%
ELS	B	0.09%
ZBRA	B	0.09%
MGM	D	0.09%
UDR	C	0.09%
RRX	B	0.09%
ALLE	D	0.09%
PNR	B	0.08%
CASY	A	0.08%
DVA	C	0.07%
CRL	D	0.07%
UHAL	D	0.07%
CE	F	0.07%
HII	F	0.06%
PAG	B	0.06%
NWS	A	0.06%
AOS	F	0.05%
AGR	A	0.05%
WLK	F	0.05%
QRVO	F	0.05%
LEN	D	0.03%
UHAL	D	0.01%
COTY	F	0.01%

IMCV Underweight 90 Positions Relative to LKOR

Symbol	Grade	Weight
PM	A	-0.7%
SCCO	F	-0.64%
DUK	C	-0.5%
HSBC	A	-0.48%
V	A	-0.4%
KOF	F	-0.37%
INTC	C	-0.37%
BA	D	-0.37%
CVS	F	-0.36%
GILD	C	-0.35%
ABBV	F	-0.33%
CP	F	-0.29%
NNN	C	-0.29%
AMT	D	-0.27%
JEF	A	-0.26%
MMM	D	-0.26%
NOC	D	-0.26%
HON	B	-0.25%
LOW	C	-0.25%
ORCL	A	-0.25%
WFC	A	-0.25%
MMC	D	-0.24%
GWW	B	-0.24%
BHP	F	-0.24%
CMCSA	B	-0.24%
HCA	F	-0.24%
LMT	D	-0.24%
PGR	B	-0.23%
IBM	C	-0.23%
MCK	A	-0.23%
TXN	C	-0.23%
BDX	F	-0.23%
SBUX	A	-0.23%
AMGN	D	-0.23%
CSCO	B	-0.23%
BAC	A	-0.23%
MA	B	-0.22%
VMI	B	-0.22%
EL	F	-0.21%
NVDA	A	-0.21%
GS	B	-0.21%
SHW	C	-0.21%
C	B	-0.21%
KLAC	F	-0.2%
AVGO	C	-0.2%
PAA	B	-0.2%
MO	A	-0.2%
ZTS	D	-0.19%
KO	D	-0.19%
HD	A	-0.19%
LEA	F	-0.18%
AIZ	A	-0.18%
AMZN	B	-0.18%
EPD	A	-0.18%
VZ	C	-0.18%
REGN	F	-0.17%
AAPL	C	-0.17%
SPGI	D	-0.16%
UNP	D	-0.16%
UNH	C	-0.16%
MS	A	-0.14%
MET	A	-0.14%
EFX	F	-0.13%
HAS	D	-0.13%
AON	B	-0.13%
XOM	B	-0.12%
TT	A	-0.12%
WELL	A	-0.12%
GOOGL	B	-0.12%
EMR	A	-0.12%
MCO	D	-0.12%
JNJ	D	-0.12%
CSX	C	-0.12%
MCD	D	-0.12%
BWA	D	-0.11%
MLM	B	-0.11%
CHD	A	-0.11%
FMC	D	-0.11%
SO	C	-0.11%
BABA	D	-0.11%
VRSK	B	-0.1%
DHR	D	-0.1%
ELV	F	-0.1%
BHF	C	-0.1%
MSFT	D	-0.1%
MDLZ	F	-0.09%
JPM	A	-0.09%
T	A	-0.09%
ITW	B	-0.06%
SIGI	B	-0.06%