NFRA vs. FFLV ETF Comparison

Comparison of FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) to Fidelity Fundamental Large Cap Value ETF (FFLV)

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

FFLV

Fidelity Fundamental Large Cap Value ETF

FFLV Description

The fund will normally invest at least 80% of the fund"s assets in equity securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.11

Average Daily Volume

884

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	NFRA	FFLV
30 Days	-0.44%	4.61%
60 Days	-2.07%	5.50%
90 Days	1.20%	6.74%
12 Months	17.31%

7 Overlapping Holdings

Symbol	Grade	Weight in NFRA	Weight in FFLV	Overlap
CCI	D	0.69%	0.14%	0.14%
CEG	D	1.09%	0.52%	0.52%
CMCSA	B	2.6%	2.31%	2.31%
EIX	B	0.5%	1.58%	0.5%
PCG	A	0.85%	1.49%	0.85%
SRE	A	0.9%	0.89%	0.89%
TRGP	B	0.65%	0.84%	0.65%

NFRA Overweight 57 Positions Relative to FFLV

Symbol	Grade	Weight
CNI	D	3.39%
VZ	C	2.67%
WCN	A	2.53%
T	A	2.47%
NEE	D	2.41%
UNP	C	2.23%
TMUS	B	1.83%
SO	D	1.47%
AMT	D	1.41%
DUK	C	1.33%
EQIX	A	1.32%
WM	A	1.26%
CSX	B	1.08%
WMB	A	1.05%
HCA	F	1.02%
OKE	A	0.98%
NSC	B	0.93%
DLR	B	0.86%
KMI	A	0.82%
AEP	D	0.77%
D	C	0.72%
PEG	A	0.67%
RSG	A	0.66%
CHTR	C	0.6%
EXC	C	0.6%
XEL	A	0.59%
ED	D	0.52%
WEC	A	0.47%
AWK	D	0.4%
VLTO	D	0.39%
SBAC	D	0.36%
THC	D	0.25%
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 101 Positions Relative to FFLV

Symbol	Grade	Weight
XOM	B	-4.54%
JPM	A	-4.36%
CSCO	B	-3.48%
WFC	A	-3.09%
HIG	B	-2.6%
BAC	A	-2.34%
UNH	C	-2.23%
TRV	B	-2.2%
JNJ	D	-2.03%
ELV	F	-1.96%
KVUE	A	-1.95%
JCI	C	-1.84%
FDX	B	-1.7%
PLD	D	-1.66%
CI	F	-1.59%
USFD	A	-1.49%
ALSN	B	-1.38%
APO	B	-1.37%
WELL	A	-1.32%
SJM	D	-1.24%
CVS	D	-1.21%
AZN	D	-1.09%
BRK.A	B	-1.04%
WLK	D	-1.01%
RJF	A	-1.01%
TKR	D	-0.99%
CNC	D	-0.96%
MCHP	D	-0.94%
COR	B	-0.88%
MRK	F	-0.88%
AFG	A	-0.87%
TSM	B	-0.86%
DOX	D	-0.84%
GEN	B	-0.83%
GPK	C	-0.82%
KDP	D	-0.8%
UHAL	D	-0.8%
CB	C	-0.76%
ORI	A	-0.75%
GDDY	A	-0.7%
RRX	B	-0.69%
LMT	D	-0.68%
FLR	B	-0.68%
TPX	B	-0.67%
CNXC	F	-0.67%
PSA	D	-0.65%
LW	C	-0.65%
SNX	C	-0.61%
BCO	D	-0.6%
WCC	B	-0.58%
XPO	B	-0.58%
LOW	D	-0.58%
BC	C	-0.58%
KO	D	-0.57%
CG	A	-0.56%
AES	F	-0.54%
ALLY	C	-0.54%
KEY	B	-0.52%
HPQ	B	-0.47%
SW	A	-0.47%
VST	B	-0.46%
UFPI	B	-0.46%
GMS	B	-0.46%
GPN	B	-0.44%
LAD	A	-0.43%
IPG	D	-0.42%
APTV	D	-0.39%
FAF	A	-0.38%
GTES	A	-0.38%
DOOO	F	-0.37%
LPX	B	-0.36%
OLN	D	-0.33%
HRI	B	-0.32%
CC	C	-0.31%
AAP	C	-0.31%
DAR	C	-0.31%
HOG	D	-0.3%
LITE	B	-0.29%
SLM	A	-0.28%
CPT	B	-0.28%
MDU	D	-0.27%
HRB	D	-0.27%
UPBD	B	-0.26%
G	B	-0.26%
BG	F	-0.25%
OMF	A	-0.24%
PM	B	-0.22%
NXST	C	-0.22%
VSTS	C	-0.22%
CIEN	B	-0.22%
TEX	D	-0.21%
AR	B	-0.2%
COMP	B	-0.2%
SIG	B	-0.2%
TPR	B	-0.17%
SNY	F	-0.17%
MOH	F	-0.13%
EWBC	A	-0.13%
FCNCA	A	-0.12%
WBS	A	-0.11%
FTRE	D	-0.07%