NFRA vs. FCTR ETF Comparison

Comparison of FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

NFRA

FlexShares STOXX Global Broad Infrastructure Index Fund

NFRA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXXÂ® Global Broad Infrastructure Index. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in its underlying index. The underlying index reflects the performance of a selection of equity securities of infrastructure-related companies that are domiciled or traded in developed and emerging markets around the world. It is non-diversified.

Grade (RS Rating)

Last Trade

$58.16

Average Daily Volume

78,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

7,787

Number of Holdings ^*

166

* may have additional holdings in another (foreign) market

Performance

Period	NFRA	FCTR
30 Days	-0.44%	9.38%
60 Days	-2.07%	12.16%
90 Days	1.20%	17.79%
12 Months	17.31%	36.88%

17 Overlapping Holdings

Symbol	Grade	Weight in NFRA	Weight in FCTR	Overlap
AEP	D	0.77%	0.41%	0.41%
AMT	D	1.41%	0.34%	0.34%
AWK	D	0.4%	0.38%	0.38%
DUK	C	1.33%	0.49%	0.49%
ED	D	0.52%	0.43%	0.43%
EIX	B	0.5%	0.43%	0.43%
EXC	C	0.6%	0.4%	0.4%
HCA	F	1.02%	0.33%	0.33%
OKE	A	0.98%	0.36%	0.36%
RSG	A	0.66%	0.24%	0.24%
SBAC	D	0.36%	0.53%	0.36%
SO	D	1.47%	0.44%	0.44%
SRE	A	0.9%	0.5%	0.5%
THC	D	0.25%	0.81%	0.25%
TRGP	B	0.65%	0.73%	0.65%
WEC	A	0.47%	0.48%	0.47%
WM	A	1.26%	0.22%	0.22%

NFRA Overweight 47 Positions Relative to FCTR

Symbol	Grade	Weight
CNI	D	3.39%
VZ	C	2.67%
CMCSA	B	2.6%
WCN	A	2.53%
T	A	2.47%
NEE	D	2.41%
UNP	C	2.23%
TMUS	B	1.83%
EQIX	A	1.32%
CEG	D	1.09%
CSX	B	1.08%
WMB	A	1.05%
NSC	B	0.93%
DLR	B	0.86%
PCG	A	0.85%
KMI	A	0.82%
D	C	0.72%
CCI	D	0.69%
PEG	A	0.67%
CHTR	C	0.6%
XEL	A	0.59%
VLTO	D	0.39%
CLH	B	0.19%
UHS	D	0.17%
LBRDK	C	0.17%
EHC	B	0.16%
DTM	B	0.15%
WTRG	B	0.15%
FYBR	D	0.13%
CWST	A	0.1%
AM	A	0.09%
SIRI	C	0.09%
SEM	B	0.07%
GEO	B	0.06%
ACHC	F	0.06%
CWT	D	0.05%
AWR	B	0.05%
HESM	B	0.05%
IRDM	D	0.05%
CCOI	B	0.05%
CXW	B	0.04%
PCT	C	0.03%
SJW	D	0.03%
UNIT	B	0.02%
MSEX	B	0.02%
NFE	D	0.01%
FSLY	D	0.01%

NFRA Underweight 149 Positions Relative to FCTR

Symbol	Grade	Weight
APP	B	-3.82%
PLTR	B	-2.43%
MSTR	C	-2.06%
VST	B	-1.86%
MSI	B	-1.73%
FICO	B	-1.51%
AXON	A	-1.45%
PAYX	C	-1.42%
BR	A	-1.37%
SYK	C	-1.36%
MA	C	-1.36%
V	A	-1.34%
ANET	C	-1.24%
ADP	B	-1.1%
CTAS	B	-1.05%
ARES	A	-1.04%
APO	B	-1.03%
CL	D	-1.01%
TDG	D	-0.99%
YUM	B	-0.95%
BRO	B	-0.94%
VRSK	A	-0.93%
HOOD	B	-0.92%
FI	A	-0.92%
ISRG	A	-0.91%
FDS	B	-0.9%
ROL	B	-0.9%
VRSN	F	-0.87%
ITW	B	-0.84%
TT	A	-0.82%
ACGL	D	-0.8%
LDOS	C	-0.8%
HWM	A	-0.79%
SYY	B	-0.77%
EME	C	-0.77%
NVDA	C	-0.77%
ICE	C	-0.77%
TPL	A	-0.75%
LLY	F	-0.72%
MANH	D	-0.7%
CRWD	B	-0.68%
KKR	A	-0.68%
AAPL	C	-0.66%
MCD	D	-0.65%
VICI	C	-0.63%
PH	A	-0.62%
IRM	D	-0.61%
TJX	A	-0.6%
TTD	B	-0.59%
NET	B	-0.58%
DDOG	A	-0.56%
RCL	A	-0.56%
HUBS	A	-0.55%
NI	A	-0.55%
CDNS	B	-0.54%
MMC	B	-0.54%
ZS	C	-0.53%
LNG	B	-0.52%
KO	D	-0.52%
FAST	B	-0.52%
PG	A	-0.52%
TOL	B	-0.52%
NOW	A	-0.51%
SNOW	C	-0.51%
TTWO	A	-0.51%
PPL	B	-0.51%
ORCL	B	-0.51%
FE	C	-0.5%
PANW	C	-0.5%
ETR	B	-0.5%
MSCI	C	-0.49%
DRI	B	-0.49%
RBLX	C	-0.49%
LNT	A	-0.49%
PGR	A	-0.48%
DASH	A	-0.47%
NFLX	A	-0.47%
SPGI	C	-0.47%
ROST	C	-0.47%
BSX	B	-0.47%
CMS	C	-0.46%
ERIE	D	-0.45%
BLK	C	-0.45%
LMT	D	-0.45%
DPZ	C	-0.45%
META	D	-0.45%
AEE	A	-0.45%
SNPS	B	-0.44%
AVB	B	-0.43%
ALNY	D	-0.43%
AVGO	D	-0.43%
ORLY	B	-0.43%
ADSK	A	-0.42%
ROP	B	-0.42%
KDP	D	-0.42%
PHM	D	-0.42%
GLPI	C	-0.42%
URI	B	-0.41%
PPG	F	-0.41%
O	D	-0.41%
MDB	C	-0.4%
DXCM	D	-0.4%
EQR	B	-0.4%
NOC	D	-0.4%
DTE	C	-0.4%
AFL	B	-0.4%
MDT	D	-0.39%
BDX	F	-0.39%
KMB	D	-0.39%
MCO	B	-0.39%
CARR	D	-0.38%
LW	C	-0.37%
ADBE	C	-0.37%
VRTX	F	-0.37%
PWR	A	-0.37%
INTU	C	-0.37%
LII	A	-0.37%
BSY	D	-0.37%
NVR	D	-0.36%
BX	A	-0.36%
MSFT	F	-0.36%
GIS	D	-0.35%
PSA	D	-0.34%
COST	B	-0.34%
DHI	D	-0.34%
CSL	C	-0.33%
KLAC	D	-0.32%
RIVN	F	-0.32%
MPWR	F	-0.31%
IDXX	F	-0.31%
FCNCA	A	-0.31%
ETN	A	-0.3%
BKNG	A	-0.29%
GWW	B	-0.28%
ATO	A	-0.27%
CPAY	A	-0.26%
CSCO	B	-0.25%
HON	B	-0.24%
BRK.A	B	-0.24%
CHD	B	-0.23%
CB	C	-0.23%
CMG	B	-0.22%
AME	A	-0.22%
PEP	F	-0.2%
HSY	F	-0.19%
PCAR	B	-0.19%
MDLZ	F	-0.19%
MNST	C	-0.19%
LECO	B	-0.17%