LKOR vs. VEA ETF Comparison

Comparison of FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) to Vanguard FTSE Developed Markets ETF (VEA)

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

$44.90

Average Daily Volume

9,410

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

VEA

Vanguard FTSE Developed Markets ETF

VEA Description

The investment seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund purchases stocks included in the FTSE Developed ex North America Index, which includes approximately 1,385 common stocks of companies located in developed countries of Europe, Australia, Asia, and the Far East. It uses statistical methods to "sample" the index, aiming to closely track its investment performance while limiting investments in Index securities that have undesirable tax characteristics in an attempt to minimize taxable income distributions.

Grade (RS Rating)

Last Trade

$52.17

Average Daily Volume

7,762,571

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LKOR	VEA
30 Days	0.23%	1.94%
60 Days	2.69%	9.90%
90 Days	5.84%	3.63%
12 Months	21.34%	25.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in LKOR	Weight in VEA	Overlap
	ABBV	C	0.33%	0.37%	0.33%

LKOR Overweight 162 Positions Relative to VEA

Symbol	Grade	Weight
PM	D	0.7%
SCCO	B	0.64%
ACGL	A	0.55%
DUK	C	0.5%
HSBC	A	0.48%
LNT	B	0.4%
V	B	0.4%
FITB	C	0.39%
KOF	D	0.37%
INTC	D	0.37%
BA	F	0.37%
HPE	B	0.37%
NI	A	0.37%
CVS	D	0.36%
GILD	A	0.35%
DOW	B	0.32%
CAH	B	0.31%
CP	C	0.29%
NNN	C	0.29%
ED	C	0.29%
AEP	C	0.28%
RF	B	0.28%
TEL	D	0.28%
AMT	D	0.27%
KMB	D	0.26%
JEF	A	0.26%
MMM	C	0.26%
NOC	B	0.26%
CHTR	D	0.26%
HON	C	0.25%
LOW	C	0.25%
ORCL	A	0.25%
WFC	B	0.25%
CAG	D	0.24%
AEE	A	0.24%
NEM	C	0.24%
WEC	B	0.24%
CMS	A	0.24%
MMC	D	0.24%
GWW	B	0.24%
BHP	B	0.24%
CMCSA	B	0.24%
HCA	C	0.24%
DOV	C	0.24%
KDP	C	0.24%
HPQ	B	0.24%
MKL	B	0.24%
OKE	A	0.24%
LMT	A	0.24%
FOXA	B	0.24%
LH	D	0.23%
LYB	B	0.23%
PGR	B	0.23%
IBM	A	0.23%
MCK	F	0.23%
AIG	C	0.23%
TXN	C	0.23%
WRB	C	0.23%
ATO	A	0.23%
BDX	C	0.23%
SBUX	B	0.23%
AMGN	D	0.23%
CSCO	A	0.23%
BAC	B	0.23%
D	A	0.23%
MA	A	0.22%
EXC	C	0.22%
MRO	B	0.22%
VMI	B	0.22%
EL	D	0.21%
NVDA	B	0.21%
SRE	C	0.21%
GS	B	0.21%
SHW	C	0.21%
EIX	C	0.21%
C	B	0.21%
KLAC	B	0.2%
EG	A	0.2%
HIG	A	0.2%
AVGO	B	0.2%
PAA	B	0.2%
MO	D	0.2%
STZ	D	0.19%
NDAQ	C	0.19%
ZTS	C	0.19%
KO	C	0.19%
CCI	D	0.19%
KMI	A	0.19%
HD	A	0.19%
LEA	F	0.18%
EBAY	A	0.18%
CPB	D	0.18%
AIZ	B	0.18%
ARE	D	0.18%
AMZN	C	0.18%
EPD	A	0.18%
VZ	C	0.18%
REGN	D	0.17%
AAPL	C	0.17%
SPGI	C	0.16%
UNP	F	0.16%
UNH	B	0.16%
HAL	D	0.14%
MS	A	0.14%
MET	A	0.14%
JCI	C	0.13%
APTV	D	0.13%
EFX	D	0.13%
HAS	A	0.13%
AON	A	0.13%
GM	D	0.13%
XOM	A	0.12%
TT	A	0.12%
WELL	C	0.12%
IFF	D	0.12%
VTR	C	0.12%
GOOGL	B	0.12%
EMR	B	0.12%
IPG	D	0.12%
AFL	A	0.12%
NSC	C	0.12%
MCO	D	0.12%
JNJ	D	0.12%
CSX	D	0.12%
MCD	A	0.12%
PRU	B	0.11%
BWA	C	0.11%
MLM	F	0.11%
CHD	D	0.11%
DG	F	0.11%
REG	C	0.11%
RJF	B	0.11%
OC	C	0.11%
MAS	C	0.11%
FMC	C	0.11%
SO	A	0.11%
BABA	A	0.11%
OTIS	A	0.1%
VRSK	D	0.1%
KIM	C	0.1%
SJM	D	0.1%
DHR	D	0.1%
WBA	F	0.1%
ELV	F	0.1%
RPM	A	0.1%
BHF	D	0.1%
WTW	C	0.1%
GLW	C	0.1%
MSFT	D	0.1%
MDLZ	D	0.09%
EA	D	0.09%
BIIB	F	0.09%
RPRX	D	0.09%
PCG	C	0.09%
JPM	C	0.09%
T	B	0.09%
HUM	F	0.07%
ITW	C	0.06%
SIGI	D	0.06%
LHX	A	0.05%
FTV	C	0.05%
ALL	A	0.04%

LKOR Underweight 27 Positions Relative to VEA

Symbol	Grade	Weight
NVS	D	-1.01%
TM	D	-0.93%
UL	D	-0.66%
SONY	C	-0.48%
MUFG	D	-0.47%
TD	B	-0.43%
SHOP	B	-0.36%
SMFG	D	-0.34%
DEO	C	-0.3%
CNI	D	-0.27%
HMC	D	-0.22%
MFG	B	-0.22%
WCN	D	-0.2%
LYG	C	-0.2%
BCS	B	-0.19%
FLUT	B	-0.16%
GOLD	C	-0.15%
E	C	-0.15%
STLA	F	-0.14%
SW	C	-0.1%
SHG	D	-0.09%
KB	D	-0.09%
NMR	F	-0.07%
LOGI	D	-0.06%
XRX	D	-0.06%
RBA	D	-0.06%
QGEN	F	-0.04%