RAVI vs. ALTL ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to Pacer Lunt Large Cap Alternator ETF (ALTL)

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

$75.44

Average Daily Volume

72,378

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

ALTL

Pacer Lunt Large Cap Alternator ETF

ALTL Description

A strategy-driven large cap exchange traded fund (ETF) that seeks to track the investment returns of an index that alternates exposure between low volatility and high beta stocks in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$39.40

Average Daily Volume

32,904

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	ALTL
30 Days	0.41%	2.22%
60 Days	0.65%	3.27%
90 Days	1.23%	5.68%
12 Months	5.45%	19.87%

17 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in ALTL	Overlap
AEP	D	0.38%	0.9%	0.38%
CMS	C	0.24%	1.03%	0.24%
CVX	A	0.33%	0.93%	0.33%
DTE	C	0.77%	0.9%	0.77%
DUK	C	0.07%	1.07%	0.07%
ED	D	1.05%	1.0%	1.0%
ICE	C	0.15%	1.06%	0.15%
KDP	D	0.95%	0.96%	0.95%
LYB	F	0.83%	0.9%	0.83%
MDLZ	F	0.09%	0.99%	0.09%
NDAQ	A	0.31%	0.93%	0.31%
OTIS	C	0.95%	0.94%	0.94%
PPL	B	0.22%	1.09%	0.22%
ROP	B	0.07%	0.97%	0.07%
SO	D	0.26%	1.0%	0.26%
SYK	C	0.49%	0.97%	0.49%
WM	A	0.69%	0.96%	0.69%

RAVI Overweight 84 Positions Relative to ALTL

Symbol	Grade	Weight
VLO	C	1.51%
OGS	A	1.05%
PYPL	B	0.95%
DHR	F	0.86%
GE	D	0.76%
TSN	B	0.7%
CI	F	0.67%
CM	A	0.62%
GP	F	0.59%
GILD	C	0.59%
TFC	A	0.59%
AIG	B	0.57%
SJM	D	0.57%
NEE	D	0.57%
BAC	A	0.57%
AZO	C	0.52%
NVDA	C	0.52%
BNS	A	0.52%
D	C	0.51%
BDX	F	0.51%
TD	F	0.51%
RY	A	0.51%
CCI	D	0.49%
AON	A	0.46%
UNH	C	0.43%
BMY	B	0.43%
AMZN	C	0.42%
SCHW	B	0.42%
CRM	B	0.4%
VFC	C	0.39%
OGE	B	0.39%
ETR	B	0.38%
ARCC	A	0.3%
T	A	0.3%
HSBC	B	0.29%
CFG	B	0.29%
MLM	B	0.28%
DELL	C	0.28%
CMCSA	B	0.28%
DB	D	0.28%
CP	D	0.27%
WFC	A	0.26%
CAT	B	0.26%
CLX	B	0.26%
LEN	D	0.26%
ATHS	C	0.26%
GS	A	0.26%
AL	B	0.25%
C	A	0.24%
FIS	C	0.23%
MCHP	D	0.22%
FITB	A	0.22%
FOXA	B	0.21%
NYC	D	0.21%
CNP	B	0.2%
SBUX	A	0.18%
LUV	C	0.18%
MKC	D	0.17%
AEE	A	0.17%
BHF	B	0.17%
CVS	D	0.16%
KEY	B	0.16%
SEB	F	0.16%
UBS	C	0.16%
PSX	C	0.16%
AZN	D	0.15%
NWG	C	0.15%
BA	F	0.15%
MUFG	B	0.14%
MET	A	0.13%
DHI	D	0.13%
AMT	D	0.13%
CNH	C	0.13%
ABBV	D	0.13%
HPE	B	0.11%
EFX	F	0.1%
GM	B	0.1%
VZ	C	0.1%
R	B	0.08%
HRL	D	0.07%
COF	B	0.06%
MS	A	0.06%
PCAR	B	0.05%
JPM	A	0.03%

RAVI Underweight 83 Positions Relative to ALTL

Symbol	Grade	Weight
KO	D	-1.37%
BRK.A	B	-1.31%
CL	D	-1.23%
PG	A	-1.22%
RSG	A	-1.22%
ATO	A	-1.21%
MMC	B	-1.17%
TMUS	B	-1.17%
L	A	-1.14%
MA	C	-1.12%
JNJ	D	-1.11%
ADP	B	-1.1%
HON	B	-1.1%
V	A	-1.09%
ITW	B	-1.09%
CHD	B	-1.07%
YUM	B	-1.07%
FI	A	-1.07%
MSI	B	-1.07%
LIN	D	-1.07%
KMI	A	-1.06%
LNT	A	-1.05%
NI	A	-1.04%
PEP	F	-1.04%
CME	A	-1.04%
LMT	D	-1.04%
FE	C	-1.04%
EA	A	-1.03%
TJX	A	-1.03%
GD	F	-1.03%
PEG	A	-1.03%
BSX	B	-1.02%
EVRG	A	-1.02%
SPGI	C	-1.01%
SRE	A	-1.01%
CB	C	-1.01%
WMB	A	-0.98%
OKE	A	-0.98%
KMB	D	-0.98%
COR	B	-0.98%
BK	A	-0.98%
WEC	A	-0.97%
ABT	B	-0.97%
BR	A	-0.97%
MCD	D	-0.96%
WTW	B	-0.95%
PM	B	-0.95%
EIX	B	-0.95%
HOLX	D	-0.95%
RTX	C	-0.94%
CTAS	B	-0.94%
AJG	B	-0.94%
WELL	A	-0.94%
HLT	A	-0.94%
STZ	D	-0.94%
MO	A	-0.93%
PPG	F	-0.93%
VRSN	F	-0.93%
REG	B	-0.92%
WMT	A	-0.92%
VICI	C	-0.92%
MDT	D	-0.92%
BRO	B	-0.92%
AVY	D	-0.92%
PCG	A	-0.92%
AMP	A	-0.92%
O	D	-0.92%
ORLY	B	-0.91%
ECL	D	-0.91%
UNP	C	-0.91%
AVB	B	-0.91%
LHX	C	-0.9%
PNW	B	-0.9%
HIG	B	-0.9%
FRT	B	-0.89%
JKHY	D	-0.89%
SYY	B	-0.89%
PKG	A	-0.88%
GIS	D	-0.88%
PAYX	C	-0.87%
NOC	D	-0.87%
CSX	B	-0.85%
LDOS	C	-0.72%