LRGF vs. RAVI ETF Comparison

Comparison of iShares FactorSelect MSCI USA ETF (LRGF) to FlexShares Ready Access Variable Income Fund (RAVI)

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). 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 is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$62.24

Average Daily Volume

92,388

Number of Holdings ^*

272

* may have additional holdings in another (foreign) market

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.48

Average Daily Volume

73,267

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	LRGF	RAVI
30 Days	4.98%	0.40%
60 Days	6.05%	0.65%
90 Days	8.51%	1.23%
12 Months	37.61%	5.50%

46 Overlapping Holdings

Symbol	Grade	Weight in LRGF	Weight in RAVI	Overlap
ABBV	D	0.9%	0.13%	0.13%
AIG	B	0.3%	0.57%	0.3%
AMT	D	0.09%	0.13%	0.09%
AMZN	C	3.01%	0.42%	0.42%
AZO	C	0.14%	0.52%	0.14%
BAC	A	0.37%	0.57%	0.37%
BDX	F	0.02%	0.51%	0.02%
BMY	B	0.72%	0.43%	0.43%
C	A	0.15%	0.24%	0.15%
CAT	B	0.26%	0.26%	0.26%
CI	D	0.21%	0.67%	0.21%
CMCSA	C	0.41%	0.28%	0.28%
COF	B	0.22%	0.06%	0.06%
CRM	B	0.12%	0.4%	0.12%
CVS	D	0.17%	0.16%	0.16%
CVX	B	0.54%	0.33%	0.33%
DELL	C	0.35%	0.28%	0.28%
DTE	C	0.13%	0.77%	0.13%
DUK	C	0.21%	0.07%	0.07%
ED	D	0.51%	1.05%	0.51%
FOXA	C	0.25%	0.21%	0.21%
GE	D	0.14%	0.76%	0.14%
GILD	B	0.49%	0.59%	0.49%
GM	B	0.52%	0.1%	0.1%
GS	B	0.59%	0.26%	0.26%
HPE	B	0.48%	0.11%	0.11%
JPM	B	1.64%	0.03%	0.03%
MCHP	F	0.08%	0.22%	0.08%
MDLZ	F	0.1%	0.09%	0.09%
MET	A	0.03%	0.13%	0.03%
MS	B	0.11%	0.06%	0.06%
NDAQ	A	0.22%	0.31%	0.22%
NEE	D	0.17%	0.57%	0.17%
NVDA	C	6.55%	0.52%	0.52%
OTIS	C	0.27%	0.95%	0.27%
PCAR	B	0.23%	0.05%	0.05%
PSX	C	0.01%	0.16%	0.01%
R	B	0.17%	0.08%	0.08%
SBUX	B	0.19%	0.18%	0.18%
SO	D	0.12%	0.26%	0.12%
SYK	C	0.17%	0.49%	0.17%
T	A	0.59%	0.3%	0.3%
UNH	B	0.89%	0.43%	0.43%
VLO	C	0.33%	1.51%	0.33%
VZ	B	0.34%	0.1%	0.1%
WFC	A	0.5%	0.26%	0.26%

LRGF Overweight 226 Positions Relative to RAVI

Symbol	Grade	Weight
AAPL	B	6.35%
MSFT	D	5.67%
META	D	2.16%
AVGO	D	1.82%
GOOG	C	1.8%
V	A	1.28%
PG	A	1.26%
BKNG	B	1.17%
LLY	F	1.09%
WMT	B	1.03%
XOM	C	0.94%
APP	B	0.94%
LIN	D	0.91%
PEP	F	0.87%
JNJ	D	0.87%
TSLA	B	0.76%
MA	B	0.75%
MCD	D	0.63%
FICO	B	0.61%
KO	D	0.61%
BK	A	0.61%
TEAM	B	0.6%
HD	A	0.58%
LOW	C	0.58%
MRK	F	0.57%
MPC	F	0.57%
COST	B	0.54%
ABT	B	0.53%
BLDR	C	0.53%
AWK	D	0.52%
BRK.A	B	0.5%
MCK	C	0.5%
FTNT	C	0.49%
AMAT	F	0.46%
IBKR	B	0.46%
VST	B	0.45%
QCOM	F	0.45%
DUOL	B	0.44%
SPGI	C	0.43%
NTNX	B	0.43%
AMGN	D	0.42%
AMP	B	0.41%
GEHC	F	0.41%
PAYX	B	0.4%
PM	B	0.4%
CSCO	A	0.4%
MELI	C	0.39%
CTAS	B	0.38%
ETN	A	0.38%
AFL	B	0.38%
SPG	C	0.38%
MSCI	C	0.37%
AYI	B	0.37%
WSM	B	0.36%
IT	C	0.36%
HOLX	D	0.36%
KR	A	0.35%
MANH	C	0.34%
DOCU	A	0.33%
WY	D	0.33%
DECK	A	0.32%
CRH	A	0.32%
TPR	A	0.32%
INTU	C	0.31%
PFE	D	0.31%
KLAC	F	0.31%
EBAY	C	0.31%
CR	B	0.31%
JBL	C	0.31%
BRX	A	0.31%
EMR	A	0.31%
TGT	F	0.3%
ABNB	C	0.3%
HRB	D	0.3%
YUM	B	0.3%
ANET	C	0.3%
MLI	C	0.29%
EQR	B	0.29%
CNM	D	0.29%
FERG	B	0.29%
ELV	F	0.29%
GTLB	C	0.28%
PCOR	B	0.28%
UBER	D	0.28%
MEDP	F	0.28%
ADBE	C	0.28%
MTD	F	0.27%
ANF	C	0.27%
EME	B	0.27%
TMO	F	0.27%
RS	B	0.27%
STLD	B	0.26%
SYF	A	0.26%
JHG	A	0.26%
WING	F	0.26%
ALLY	C	0.25%
AXP	A	0.24%
BBY	D	0.24%
RHI	C	0.24%
BLK	C	0.24%
GIS	D	0.23%
DVA	B	0.23%
PSA	C	0.23%
STT	A	0.22%
AVB	B	0.22%
MSI	C	0.22%
CRWD	B	0.22%
WFRD	F	0.21%
AN	B	0.21%
NUE	D	0.21%
TT	B	0.21%
ITW	A	0.21%
TRV	B	0.2%
SOLV	C	0.2%
QLYS	C	0.2%
WEC	A	0.2%
AMG	B	0.2%
LRCX	F	0.2%
HPQ	B	0.19%
CDNS	B	0.19%
PRU	A	0.19%
LMT	D	0.19%
NFLX	B	0.19%
VRTX	D	0.19%
F	C	0.18%
ESTC	C	0.18%
CVLT	B	0.18%
ETSY	D	0.18%
PANW	C	0.18%
SNPS	B	0.18%
IOT	B	0.17%
DKS	C	0.17%
EXC	D	0.16%
ADP	B	0.16%
ORCL	C	0.16%
MOH	F	0.16%
IBM	C	0.16%
HUBS	B	0.15%
OMC	C	0.15%
WTS	B	0.15%
ACN	B	0.14%
HUM	C	0.14%
SMAR	A	0.14%
BBWI	C	0.14%
RMBS	C	0.14%
KMI	B	0.14%
FNF	B	0.13%
NVT	B	0.13%
AMD	F	0.13%
MMM	D	0.13%
VOYA	B	0.13%
RL	B	0.12%
ELF	C	0.12%
CPNG	D	0.12%
GWW	A	0.11%
OLN	F	0.11%
RRC	B	0.11%
ZS	C	0.11%
OKTA	C	0.11%
FI	A	0.11%
MUSA	B	0.11%
TTEK	F	0.1%
GL	C	0.1%
COKE	C	0.1%
MO	A	0.1%
MDT	D	0.1%
PH	A	0.1%
APA	F	0.09%
MRO	B	0.09%
UNM	A	0.09%
EXE	B	0.08%
PVH	C	0.08%
VLTO	C	0.08%
HOG	F	0.08%
AGNC	D	0.07%
TAP	C	0.07%
SRE	A	0.07%
SHW	A	0.07%
ADM	F	0.07%
LPX	B	0.07%
CMC	B	0.07%
ACGL	D	0.07%
PLD	D	0.07%
CARR	C	0.07%
LNTH	D	0.07%
CHTR	C	0.07%
ACI	C	0.06%
RGA	A	0.06%
SFM	B	0.05%
FE	D	0.05%
CRUS	F	0.05%
PFG	C	0.05%
COP	D	0.05%
CEG	D	0.05%
EG	C	0.05%
AR	B	0.04%
THO	B	0.04%
DOW	F	0.04%
MRNA	F	0.04%
BXP	D	0.04%
XRAY	F	0.04%
HSY	F	0.04%
SSD	C	0.04%
TXN	D	0.04%
NOW	B	0.04%
LII	A	0.03%
DE	B	0.03%
HIG	B	0.03%
MGM	F	0.03%
MOD	B	0.03%
ZBH	C	0.03%
UAL	B	0.03%
AGCO	D	0.03%
PATH	C	0.02%
NTAP	C	0.02%
BSX	C	0.02%
NWSA	B	0.02%
MUR	F	0.02%
KHC	D	0.02%
LYV	A	0.02%
CVNA	B	0.02%
RPRX	D	0.01%
EXPD	C	0.01%
ULTA	F	0.01%
EOG	C	0.01%
FDX	B	0.01%

LRGF Underweight 55 Positions Relative to RAVI

Symbol	Grade	Weight
OGS	A	-1.05%
PYPL	A	-0.95%
KDP	D	-0.95%
DHR	D	-0.86%
LYB	F	-0.83%
TSN	B	-0.7%
WM	A	-0.69%
CM	A	-0.62%
GP	F	-0.59%
TFC	B	-0.59%
SJM	D	-0.57%
BNS	A	-0.52%
D	C	-0.51%
TD	F	-0.51%
RY	B	-0.51%
CCI	D	-0.49%
AON	A	-0.46%
SCHW	A	-0.42%
VFC	C	-0.39%
OGE	A	-0.39%
ETR	B	-0.38%
AEP	D	-0.38%
ARCC	A	-0.3%
HSBC	B	-0.29%
CFG	B	-0.29%
MLM	B	-0.28%
DB	D	-0.28%
CP	D	-0.27%
CLX	C	-0.26%
LEN	C	-0.26%
ATHS	C	-0.26%
AL	A	-0.25%
CMS	C	-0.24%
FIS	D	-0.23%
FITB	B	-0.22%
PPL	B	-0.22%
NYC	D	-0.21%
CNP	A	-0.2%
LUV	B	-0.18%
MKC	D	-0.17%
AEE	A	-0.17%
BHF	B	-0.17%
KEY	A	-0.16%
SEB	F	-0.16%
UBS	B	-0.16%
AZN	F	-0.15%
NWG	C	-0.15%
BA	D	-0.15%
ICE	D	-0.15%
MUFG	B	-0.14%
DHI	D	-0.13%
CNH	A	-0.13%
EFX	D	-0.1%
HRL	D	-0.07%
ROP	B	-0.07%