LKOR vs. IQQQ ETF Comparison

Comparison of FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) to ProShares Nasdaq-100 High Income ETF (IQQQ)

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

IQQQ

ProShares Nasdaq-100 High Income ETF

IQQQ Description

The index is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.90

Average Daily Volume

51,106

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	LKOR	IQQQ
30 Days	-0.56%	3.29%
60 Days	-5.06%	4.67%
90 Days	-3.66%	5.98%
12 Months	9.17%

25 Overlapping Holdings

Symbol	Grade	Weight in LKOR	Weight in IQQQ	Overlap
AAPL	C	0.17%	7.78%	0.17%
AEP	D	0.28%	0.29%	0.28%
AMGN	D	0.23%	0.95%	0.23%
AMZN	C	0.18%	5.11%	0.18%
AVGO	D	0.2%	4.72%	0.2%
BIIB	F	0.09%	0.14%	0.09%
CHTR	C	0.26%	0.34%	0.26%
CMCSA	B	0.24%	1.0%	0.24%
CSCO	B	0.23%	1.4%	0.23%
CSX	B	0.12%	0.42%	0.12%
EA	A	0.09%	0.25%	0.09%
EXC	C	0.22%	0.22%	0.22%
GILD	C	0.35%	0.68%	0.35%
GOOGL	C	0.12%	2.38%	0.12%
HON	B	0.25%	0.89%	0.25%
INTC	D	0.37%	0.63%	0.37%
KDP	D	0.24%	0.27%	0.24%
KLAC	D	0.2%	0.51%	0.2%
MDLZ	F	0.09%	0.52%	0.09%
MSFT	F	0.1%	7.18%	0.1%
NVDA	C	0.21%	8.15%	0.21%
REGN	F	0.17%	0.51%	0.17%
SBUX	A	0.23%	0.66%	0.23%
TXN	C	0.23%	1.1%	0.23%
VRSK	A	0.1%	0.24%	0.1%

LKOR Overweight 138 Positions Relative to IQQQ

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%
BA	F	0.37%
HPE	B	0.37%
NI	A	0.37%
CVS	D	0.36%
ABBV	D	0.33%
DOW	F	0.32%
CAH	B	0.31%
CP	D	0.29%
NNN	D	0.29%
ED	D	0.29%
RF	A	0.28%
TEL	B	0.28%
AMT	D	0.27%
KMB	D	0.26%
JEF	A	0.26%
MMM	D	0.26%
NOC	D	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%
GWW	B	0.24%
BHP	F	0.24%
HCA	F	0.24%
DOV	A	0.24%
HPQ	B	0.24%
MKL	A	0.24%
OKE	A	0.24%
LMT	D	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%
WRB	A	0.23%
ATO	A	0.23%
BDX	F	0.23%
BAC	A	0.23%
D	C	0.23%
MA	C	0.22%
MRO	B	0.22%
VMI	B	0.22%
EL	F	0.21%
SRE	A	0.21%
GS	A	0.21%
SHW	A	0.21%
EIX	B	0.21%
C	A	0.21%
EG	C	0.2%
HIG	B	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%
EPD	A	0.18%
VZ	C	0.18%
SPGI	C	0.16%
UNP	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%
EFX	F	0.13%
HAS	D	0.13%
AON	A	0.13%
GM	B	0.13%
XOM	B	0.12%
TT	A	0.12%
WELL	A	0.12%
IFF	D	0.12%
VTR	C	0.12%
EMR	A	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%
MLM	B	0.11%
CHD	B	0.11%
DG	F	0.11%
REG	B	0.11%
RJF	A	0.11%
OC	A	0.11%
MAS	D	0.11%
FMC	D	0.11%
SO	D	0.11%
BABA	D	0.11%
OTIS	C	0.1%
KIM	A	0.1%
SJM	D	0.1%
DHR	F	0.1%
WBA	F	0.1%
ELV	F	0.1%
RPM	A	0.1%
BHF	B	0.1%
WTW	B	0.1%
GLW	B	0.1%
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%
LHX	C	0.05%
FTV	C	0.05%
ALL	A	0.04%

LKOR Underweight 76 Positions Relative to IQQQ

Symbol	Grade	Weight
META	D	-4.58%
TSLA	B	-3.63%
COST	B	-2.43%
GOOG	C	-2.29%
NFLX	A	-2.09%
TMUS	B	-1.65%
ADBE	C	-1.39%
PEP	F	-1.33%
AMD	F	-1.32%
LIN	D	-1.28%
INTU	C	-1.16%
ISRG	A	-1.12%
QCOM	F	-1.05%
BKNG	A	-0.98%
AMAT	F	-0.88%
PANW	C	-0.76%
VRTX	F	-0.75%
ADP	B	-0.74%
MU	D	-0.65%
ADI	D	-0.62%
MELI	D	-0.57%
LRCX	F	-0.56%
CTAS	B	-0.53%
PYPL	B	-0.52%
SNPS	B	-0.5%
CDNS	B	-0.49%
MAR	B	-0.47%
CRWD	B	-0.47%
MRVL	B	-0.46%
FTNT	C	-0.44%
PDD	F	-0.44%
ORLY	B	-0.42%
CEG	D	-0.41%
ADSK	A	-0.4%
DASH	A	-0.4%
ASML	F	-0.37%
ROP	B	-0.36%
PCAR	B	-0.36%
WDAY	B	-0.35%
ABNB	C	-0.34%
CPRT	A	-0.33%
NXPI	D	-0.33%
TTD	B	-0.33%
FANG	D	-0.32%
MNST	C	-0.32%
PAYX	C	-0.31%
FAST	B	-0.28%
ODFL	B	-0.28%
ROST	C	-0.27%
BKR	B	-0.25%
TEAM	A	-0.24%
CTSH	B	-0.24%
GEHC	F	-0.23%
LULU	C	-0.23%
KHC	F	-0.23%
DDOG	A	-0.23%
AZN	D	-0.22%
XEL	A	-0.22%
IDXX	F	-0.21%
MCHP	D	-0.21%
CCEP	C	-0.21%
ZS	C	-0.19%
TTWO	A	-0.19%
ANSS	B	-0.18%
CSGP	D	-0.18%
DXCM	D	-0.17%
ON	D	-0.17%
CDW	F	-0.15%
ILMN	D	-0.14%
GFS	C	-0.14%
WBD	C	-0.14%
MDB	C	-0.13%
MRNA	F	-0.1%
ARM	D	-0.1%
DLTR	F	-0.08%
SMCI	F	-0.07%