MDIV vs. LKOR ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.61

Average Daily Volume

86,051

Number of Holdings ^*

103

* 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	MDIV	LKOR
30 Days	-0.11%	-2.23%
60 Days	0.36%	-4.98%
90 Days	3.52%	-3.28%
12 Months	17.51%	10.12%

20 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in LKOR	Overlap
AEP	C	0.32%	0.28%	0.28%
CAG	F	0.39%	0.24%	0.24%
DUK	C	0.35%	0.5%	0.35%
EIX	C	0.34%	0.21%	0.21%
EPD	A	0.81%	0.18%	0.18%
EXC	C	0.38%	0.22%	0.22%
GILD	C	0.45%	0.35%	0.35%
IBM	C	0.34%	0.23%	0.23%
IPG	F	0.34%	0.12%	0.12%
KMB	C	0.31%	0.26%	0.26%
LYB	F	0.42%	0.23%	0.23%
NNN	C	0.65%	0.29%	0.29%
OKE	A	0.51%	0.24%	0.24%
PAA	B	0.71%	0.2%	0.2%
PRU	B	0.39%	0.11%	0.11%
REG	A	0.57%	0.11%	0.11%
SJM	D	0.34%	0.1%	0.1%
T	A	0.6%	0.09%	0.09%
VZ	C	0.59%	0.18%	0.18%
WEC	A	0.37%	0.24%	0.24%

MDIV Overweight 83 Positions Relative to LKOR

Symbol	Grade	Weight
HYLS	A	19.98%
PMT	D	1.5%
IEP	F	1.45%
ARLP	A	1.33%
DMLP	A	1.33%
KRP	B	1.29%
BSM	B	1.25%
DKL	C	1.18%
USAC	B	1.15%
CAPL	D	1.14%
AGNCN	A	1.09%
APLE	B	1.07%
LADR	B	1.03%
EPR	D	1.01%
LTC	B	0.97%
GLP	A	0.94%
MPLX	A	0.93%
ET	A	0.92%
NRP	B	0.89%
CQP	B	0.88%
GTY	A	0.86%
HST	D	0.85%
WES	C	0.82%
GLPI	C	0.8%
CHSCO	B	0.79%
FITBI	B	0.79%
SPG	A	0.77%
CHSCL	B	0.76%
SUN	B	0.75%
RZC	C	0.73%
AAT	A	0.73%
CHSCN	D	0.72%
IIPR	F	0.72%
VICI	C	0.71%
FCPT	C	0.71%
CHSCM	D	0.7%
NHI	D	0.68%
PAGP	A	0.67%
WU	F	0.65%
ALEX	B	0.64%
BRX	A	0.63%
LAMR	D	0.62%
CTRE	C	0.62%
CDP	C	0.61%
MAA	A	0.58%
CUBE	C	0.57%
PSA	C	0.57%
CHRD	F	0.54%
ENLC	A	0.5%
BMY	A	0.5%
FANG	D	0.46%
TROW	B	0.45%
NWE	C	0.45%
ETR	A	0.45%
EVRG	A	0.44%
DTM	A	0.44%
AVA	C	0.43%
GEL	D	0.43%
BKH	A	0.42%
PINC	B	0.42%
SR	A	0.41%
HMN	B	0.41%
VTRS	A	0.4%
CVX	A	0.39%
KHC	F	0.39%
XEL	A	0.38%
MSM	D	0.38%
POR	C	0.37%
PNM	B	0.37%
OGS	A	0.37%
FLO	D	0.36%
DRI	C	0.36%
ES	C	0.36%
FE	C	0.35%
DVN	F	0.35%
PNC	B	0.35%
NJR	A	0.34%
FAF	C	0.33%
NFG	A	0.32%
MDT	D	0.32%
SON	F	0.32%
GIS	F	0.3%
NMM	C	0.05%

MDIV Underweight 143 Positions Relative to LKOR

Symbol	Grade	Weight
PM	A	-0.7%
SCCO	F	-0.64%
ACGL	D	-0.55%
HSBC	A	-0.48%
LNT	A	-0.4%
V	A	-0.4%
FITB	B	-0.39%
KOF	F	-0.37%
INTC	C	-0.37%
BA	D	-0.37%
HPE	B	-0.37%
NI	A	-0.37%
CVS	F	-0.36%
ABBV	F	-0.33%
DOW	F	-0.32%
CAH	B	-0.31%
CP	F	-0.29%
ED	C	-0.29%
RF	A	-0.28%
TEL	C	-0.28%
AMT	D	-0.27%
JEF	A	-0.26%
MMM	D	-0.26%
NOC	D	-0.26%
CHTR	B	-0.26%
HON	B	-0.25%
LOW	C	-0.25%
ORCL	A	-0.25%
WFC	A	-0.25%
AEE	A	-0.24%
NEM	D	-0.24%
CMS	C	-0.24%
MMC	D	-0.24%
GWW	B	-0.24%
BHP	F	-0.24%
CMCSA	B	-0.24%
HCA	F	-0.24%
DOV	B	-0.24%
KDP	D	-0.24%
HPQ	B	-0.24%
MKL	A	-0.24%
LMT	D	-0.24%
FOXA	B	-0.24%
LH	B	-0.23%
PGR	B	-0.23%
MCK	A	-0.23%
AIG	C	-0.23%
TXN	C	-0.23%
WRB	B	-0.23%
ATO	A	-0.23%
BDX	F	-0.23%
SBUX	A	-0.23%
AMGN	D	-0.23%
CSCO	B	-0.23%
BAC	A	-0.23%
D	C	-0.23%
MA	B	-0.22%
MRO	A	-0.22%
VMI	B	-0.22%
EL	F	-0.21%
NVDA	A	-0.21%
SRE	A	-0.21%
GS	B	-0.21%
SHW	C	-0.21%
C	B	-0.21%
KLAC	F	-0.2%
EG	D	-0.2%
HIG	B	-0.2%
AVGO	C	-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	A	-0.19%
LEA	F	-0.18%
EBAY	D	-0.18%
CPB	D	-0.18%
AIZ	A	-0.18%
ARE	F	-0.18%
AMZN	B	-0.18%
REGN	F	-0.17%
AAPL	C	-0.17%
SPGI	D	-0.16%
UNP	D	-0.16%
UNH	C	-0.16%
HAL	C	-0.14%
MS	A	-0.14%
MET	A	-0.14%
JCI	B	-0.13%
APTV	F	-0.13%
EFX	F	-0.13%
HAS	D	-0.13%
AON	B	-0.13%
GM	B	-0.13%
XOM	B	-0.12%
TT	A	-0.12%
WELL	A	-0.12%
IFF	D	-0.12%
VTR	B	-0.12%
GOOGL	B	-0.12%
EMR	A	-0.12%
AFL	C	-0.12%
NSC	B	-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%
DG	F	-0.11%
RJF	A	-0.11%
OC	A	-0.11%
MAS	D	-0.11%
FMC	D	-0.11%
SO	C	-0.11%
BABA	D	-0.11%
OTIS	C	-0.1%
VRSK	B	-0.1%
KIM	A	-0.1%
DHR	D	-0.1%
WBA	F	-0.1%
ELV	F	-0.1%
RPM	B	-0.1%
BHF	C	-0.1%
WTW	B	-0.1%
GLW	B	-0.1%
MSFT	D	-0.1%
MDLZ	F	-0.09%
EA	A	-0.09%
BIIB	F	-0.09%
RPRX	F	-0.09%
PCG	A	-0.09%
JPM	A	-0.09%
HUM	D	-0.07%
ITW	B	-0.06%
SIGI	B	-0.06%
LHX	B	-0.05%
FTV	D	-0.05%
ALL	A	-0.04%