NFRA vs. VFMV ETF Comparison

Comparison of FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) to Vanguard U.S. Minimum Volatility ETF (VFMV)

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

$58.69

Average Daily Volume

109,335

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$120.63

Average Daily Volume

7,743

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

Performance

Period	NFRA	VFMV
30 Days	1.86%	-0.12%
60 Days	6.39%	2.88%
90 Days	9.45%	6.90%
12 Months	28.15%	28.11%

11 Overlapping Holdings

Symbol	Grade	Weight in NFRA	Weight in VFMV	Overlap
DTM	A	0.11%	0.1%	0.1%
DUK	B	1.34%	1.31%	1.31%
ED	A	0.54%	0.51%	0.51%
KMI	A	0.64%	0.24%	0.24%
RSG	C	0.6%	1.39%	0.6%
T	A	2.33%	0.51%	0.51%
TMUS	A	1.51%	1.56%	1.51%
VZ	B	2.81%	1.2%	1.2%
WEC	A	0.45%	0.39%	0.39%
WM	B	1.12%	1.46%	1.12%
WMB	A	0.82%	0.97%	0.82%

NFRA Overweight 53 Positions Relative to VFMV

Symbol	Grade	Weight
CNI	D	3.43%
NEE	A	2.59%
CMCSA	C	2.39%
WCN	D	2.33%
UNP	D	2.22%
AMT	C	1.6%
SO	A	1.47%
EQIX	C	1.25%
CEG	A	1.19%
HCA	C	1.14%
CSX	D	1.0%
NSC	D	0.83%
AEP	C	0.81%
OKE	A	0.79%
SRE	B	0.79%
PCG	C	0.77%
CCI	C	0.75%
DLR	C	0.75%
D	A	0.71%
PEG	A	0.65%
EXC	A	0.61%
XEL	B	0.53%
EIX	B	0.5%
TRGP	A	0.48%
CHTR	D	0.47%
AWK	C	0.42%
VLTO	A	0.4%
SBAC	C	0.38%
THC	D	0.24%
UHS	D	0.19%
CLH	C	0.18%
WTRG	D	0.15%
EHC	B	0.14%
LBRDK	B	0.14%
FYBR	C	0.13%
CWST	D	0.09%
ACHC	F	0.09%
AM	A	0.08%
SRCL	A	0.08%
SEM	D	0.06%
AWR	B	0.05%
HESM	C	0.05%
CWT	D	0.05%
CCOI	B	0.05%
IRDM	B	0.05%
GEO	C	0.03%
SJW	F	0.03%
FSLY	D	0.02%
MSEX	D	0.02%
UNIT	B	0.02%
PCT	C	0.02%
CXW	F	0.02%
NFE	F	0.01%

NFRA Underweight 135 Positions Relative to VFMV

Symbol	Grade	Weight
CVLT	C	-1.63%
NTAP	D	-1.57%
TJX	D	-1.56%
TXN	C	-1.54%
ROP	C	-1.5%
MCK	F	-1.5%
PGR	C	-1.49%
VECO	F	-1.49%
EA	D	-1.48%
WMT	A	-1.47%
CSCO	A	-1.46%
JNJ	D	-1.46%
PG	D	-1.45%
LMT	A	-1.44%
GD	C	-1.43%
MUSA	D	-1.43%
XOM	A	-1.42%
ADI	C	-1.42%
KEX	C	-1.4%
MRK	F	-1.39%
IDT	C	-1.35%
ABBV	B	-1.34%
ORLY	A	-1.33%
IBM	A	-1.31%
CHD	D	-1.28%
REGN	D	-1.27%
NOC	B	-1.27%
MCD	A	-1.24%
FCN	C	-1.21%
CME	A	-1.19%
IDCC	A	-1.14%
CBOE	B	-1.13%
DLB	C	-1.06%
LRN	C	-1.05%
CL	D	-1.05%
DOX	B	-1.03%
GIS	C	-0.98%
HSTM	B	-0.97%
MGEE	B	-0.96%
LLY	D	-0.92%
GILD	A	-0.89%
GOOGL	B	-0.87%
CRUS	D	-0.86%
SAFT	D	-0.86%
GPOR	B	-0.85%
UNH	B	-0.85%
INST	B	-0.83%
NSIT	B	-0.83%
CHE	C	-0.81%
LAUR	C	-0.79%
NABL	F	-0.78%
BLKB	C	-0.78%
CVX	B	-0.77%
CAH	B	-0.75%
WTM	C	-0.75%
HPQ	B	-0.72%
AVGO	C	-0.71%
GOOG	B	-0.7%
OSIS	C	-0.7%
QCOM	C	-0.69%
AMGN	D	-0.64%
AAPL	C	-0.64%
YELP	F	-0.63%
MCS	A	-0.61%
META	A	-0.6%
INSW	B	-0.55%
MATX	C	-0.54%
PBH	D	-0.52%
NEU	F	-0.49%
FLO	D	-0.47%
KO	C	-0.46%
MSFT	D	-0.45%
FANG	C	-0.45%
HSY	F	-0.45%
V	C	-0.44%
AJG	D	-0.43%
TRV	C	-0.43%
THFF	D	-0.42%
AZO	D	-0.42%
K	A	-0.4%
MDLZ	D	-0.39%
RLI	A	-0.36%
NVEC	F	-0.35%
OLLI	C	-0.34%
AMSF	B	-0.34%
JBSS	F	-0.33%
RTX	A	-0.33%
CASS	F	-0.32%
BMY	B	-0.31%
ROL	C	-0.29%
LDOS	A	-0.29%
BRK.A	C	-0.29%
IMMR	D	-0.28%
MO	D	-0.28%
MTSI	C	-0.26%
LOPE	D	-0.25%
EBF	C	-0.24%
EQC	D	-0.24%
ACN	B	-0.23%
EXEL	B	-0.23%
JJSF	C	-0.23%
OLED	C	-0.19%
SPOK	D	-0.19%
DECK	B	-0.19%
SPNS	D	-0.17%
QNST	C	-0.15%
PSX	D	-0.14%
AMAT	B	-0.13%
DGICA	D	-0.12%
TNK	B	-0.12%
AMZN	C	-0.11%
CLBK	F	-0.1%
DJCO	D	-0.1%
KLAC	B	-0.09%
CNXN	C	-0.08%
CB	B	-0.08%
LRCX	D	-0.08%
KMB	D	-0.07%
GLRE	D	-0.06%
PEP	F	-0.06%
LANC	F	-0.06%
REYN	D	-0.06%
UNM	A	-0.06%
ATR	A	-0.05%
SFL	C	-0.05%
EIG	C	-0.04%
DTE	A	-0.04%
MU	D	-0.04%
AKAM	D	-0.04%
VRTX	D	-0.04%
NBIX	F	-0.04%
CNA	D	-0.04%
SPOT	C	-0.03%
CMS	A	-0.03%
MSI	A	-0.03%