LKOR vs. JPST ETF Comparison

Comparison of FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) to JPMorgan Ultra-Short Income ETF (JPST)

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

6,936

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.52

Average Daily Volume

5,203,416

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	LKOR	JPST
30 Days	-1.02%	0.25%
60 Days	-5.39%	0.46%
90 Days	-3.75%	1.07%
12 Months	9.07%	5.96%

43 Overlapping Holdings

Symbol	Grade	Weight in LKOR	Weight in JPST	Overlap
AAPL	C	0.17%	0.12%	0.12%
ABBV	F	0.33%	0.04%	0.04%
AEP	C	0.28%	0.05%	0.05%
AIG	B	0.23%	0.01%	0.01%
ATO	A	0.23%	0.3%	0.23%
BA	F	0.37%	0.18%	0.18%
BAC	A	0.23%	0.01%	0.01%
BHF	C	0.1%	0.04%	0.04%
C	A	0.21%	0.01%	0.01%
CAG	F	0.24%	0.13%	0.13%
CHD	A	0.11%	0.03%	0.03%
D	C	0.23%	0.17%	0.17%
DHR	F	0.1%	0.01%	0.01%
DUK	C	0.5%	0.08%	0.08%
EPD	A	0.18%	0.01%	0.01%
FITB	B	0.39%	0.1%	0.1%
GILD	C	0.35%	0.13%	0.13%
GM	C	0.13%	0.1%	0.1%
GS	A	0.21%	0.01%	0.01%
HON	C	0.25%	0.02%	0.02%
HSBC	A	0.48%	0.07%	0.07%
HUM	C	0.07%	0.09%	0.07%
IBM	C	0.23%	0.01%	0.01%
IFF	D	0.12%	0.08%	0.08%
KDP	F	0.24%	0.31%	0.24%
MCD	D	0.12%	0.29%	0.12%
MCO	B	0.12%	0.01%	0.01%
MDLZ	F	0.09%	0.04%	0.04%
MET	A	0.14%	0.01%	0.01%
MLM	C	0.11%	0.09%	0.09%
MMM	D	0.26%	0.01%	0.01%
MS	A	0.14%	0.05%	0.05%
NEM	D	0.24%	0.08%	0.08%
ORCL	A	0.25%	0.04%	0.04%
PM	B	0.7%	0.01%	0.01%
SBUX	A	0.23%	0.06%	0.06%
SO	C	0.11%	0.11%	0.11%
T	A	0.09%	0.14%	0.09%
UNH	B	0.16%	0.01%	0.01%
VZ	C	0.18%	0.16%	0.16%
WEC	A	0.24%	0.09%	0.09%
WFC	A	0.25%	0.11%	0.11%
XOM	B	0.12%	0.06%	0.06%

LKOR Overweight 120 Positions Relative to JPST

Symbol	Grade	Weight
SCCO	F	0.64%
ACGL	C	0.55%
LNT	A	0.4%
V	A	0.4%
KOF	F	0.37%
INTC	C	0.37%
HPE	B	0.37%
NI	A	0.37%
CVS	D	0.36%
DOW	F	0.32%
CAH	B	0.31%
CP	F	0.29%
NNN	C	0.29%
ED	C	0.29%
RF	A	0.28%
TEL	B	0.28%
AMT	C	0.27%
KMB	C	0.26%
JEF	A	0.26%
NOC	D	0.26%
CHTR	C	0.26%
LOW	C	0.25%
AEE	A	0.24%
CMS	C	0.24%
MMC	B	0.24%
GWW	B	0.24%
BHP	F	0.24%
CMCSA	B	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	A	0.24%
LH	B	0.23%
LYB	F	0.23%
PGR	A	0.23%
MCK	A	0.23%
TXN	C	0.23%
WRB	A	0.23%
BDX	F	0.23%
AMGN	F	0.23%
CSCO	B	0.23%
MA	B	0.22%
EXC	C	0.22%
MRO	B	0.22%
VMI	B	0.22%
EL	F	0.21%
NVDA	B	0.21%
SRE	A	0.21%
SHW	B	0.21%
EIX	B	0.21%
KLAC	F	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	C	0.19%
KMI	A	0.19%
HD	B	0.19%
LEA	F	0.18%
EBAY	D	0.18%
CPB	D	0.18%
AIZ	A	0.18%
ARE	F	0.18%
AMZN	C	0.18%
REGN	F	0.17%
SPGI	C	0.16%
UNP	C	0.16%
HAL	C	0.14%
JCI	B	0.13%
APTV	F	0.13%
EFX	F	0.13%
HAS	D	0.13%
AON	A	0.13%
TT	A	0.12%
WELL	A	0.12%
VTR	B	0.12%
GOOGL	C	0.12%
EMR	B	0.12%
IPG	D	0.12%
AFL	B	0.12%
NSC	B	0.12%
JNJ	C	0.12%
CSX	C	0.12%
PRU	A	0.11%
BWA	D	0.11%
DG	F	0.11%
REG	A	0.11%
RJF	A	0.11%
OC	A	0.11%
MAS	D	0.11%
FMC	D	0.11%
BABA	D	0.11%
OTIS	C	0.1%
VRSK	A	0.1%
KIM	A	0.1%
SJM	D	0.1%
WBA	F	0.1%
ELV	F	0.1%
RPM	A	0.1%
WTW	B	0.1%
GLW	B	0.1%
MSFT	D	0.1%
EA	A	0.09%
BIIB	F	0.09%
RPRX	D	0.09%
PCG	A	0.09%
JPM	A	0.09%
ITW	B	0.06%
SIGI	C	0.06%
LHX	C	0.05%
FTV	C	0.05%
ALL	A	0.04%

LKOR Underweight 68 Positions Relative to JPST

Symbol	Grade	Weight
CASH	B	-2.2%
TMO	F	-0.74%
AZN	F	-0.57%
EQH	C	-0.35%
CCEP	C	-0.3%
LDOS	C	-0.26%
BXMT	C	-0.25%
SNX	D	-0.23%
TDY	B	-0.22%
HART	D	-0.19%
OGS	A	-0.17%
ETR	B	-0.16%
CNP	A	-0.14%
DB	D	-0.13%
VTRS	A	-0.1%
JBHT	C	-0.09%
STT	B	-0.08%
DT	D	-0.08%
CI	D	-0.08%
KR	B	-0.07%
CFG	B	-0.07%
BX	A	-0.07%
BG	D	-0.06%
ACR	A	-0.06%
SEB	F	-0.06%
AL	B	-0.05%
KKR	A	-0.04%
COF	C	-0.04%
PL	B	-0.04%
ARES	A	-0.03%
R	B	-0.03%
ROP	B	-0.03%
NEE	C	-0.03%
BCC	B	-0.03%
BMO	A	-0.03%
WLK	D	-0.02%
MSC	D	-0.02%
ETN	A	-0.02%
AZO	C	-0.02%
GSK	F	-0.02%
DIS	B	-0.02%
AER	A	-0.02%
BNS	A	-0.02%
ABT	B	-0.01%
PFE	F	-0.01%
ICE	C	-0.01%
CSL	C	-0.01%
BMY	B	-0.01%
PSX	C	-0.01%
SCHW	B	-0.01%
PNC	B	-0.01%
BK	A	-0.01%
AXP	A	-0.01%
CAT	B	-0.01%
HBAN	A	-0.01%
ES	C	-0.01%
JXN	C	-0.01%
UBS	B	-0.01%
RY	A	-0.01%
TFC	A	-0.01%
DE	B	-0.01%
KEY	B	-0.01%
MUFG	B	-0.01%
NWG	A	-0.01%
TD	D	-0.01%
PFG	D	-0.01%
CM	A	-0.01%
USB	A	-0.01%