RAVI vs. BND ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to Vanguard Total Bond Market ETF (BND)

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

$75.38

Average Daily Volume

71,467

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

BND

Vanguard Total Bond Market ETF

BND Description

The investment seeks the performance of a broad, market-weighted bond index. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Aggregate Float Adjusted Index. This Index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$72.52

Average Daily Volume

5,974,916

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	BND
30 Days	0.30%	-1.85%
60 Days	0.68%	-3.37%
90 Days	1.25%	-1.52%
12 Months	5.48%	7.09%

99 Overlapping Holdings

	Symbol	Grade	Weight in RAVI	Weight in BND	Overlap
	ABBV	F	0.13%	0.01%	0.01%
	AEE	B	0.17%	0.01%	0.01%
	AEP	D	0.38%	0.01%	0.01%
	AIG	B	0.57%	0.01%	0.01%
	AL	B	0.25%	0.01%	0.01%
	AMT	F	0.13%	0.01%	0.01%
	AMZN	A	0.42%	0.01%	0.01%
	AON	B	0.46%	0.01%	0.01%
	ARCC	A	0.3%	0.01%	0.01%
	AZN	F	0.15%	0.01%	0.01%
	AZO	B	0.52%	0.01%	0.01%
	BA	F	0.15%	0.01%	0.01%
	BAC	A	0.57%	0.01%	0.01%
	BDX	F	0.51%	0.01%	0.01%
	BHF	B	0.17%	0.01%	0.01%
	BMY	B	0.43%	0.01%	0.01%
	BNS	A	0.52%	0.01%	0.01%
	C	B	0.24%	0.01%	0.01%
	CAT	B	0.26%	0.01%	0.01%
	CCI	F	0.49%	0.01%	0.01%
	CFG	B	0.29%	0.01%	0.01%
	CI	D	0.67%	0.01%	0.01%
	CLX	A	0.26%	0.01%	0.01%
	CM	A	0.62%	0.01%	0.01%
	CMCSA	B	0.28%	0.01%	0.01%
	CMS	D	0.24%	0.01%	0.01%
	CNH	D	0.13%	0.01%	0.01%
	CNP	B	0.2%	0.01%	0.01%
	COF	B	0.06%	0.01%	0.01%
	CP	F	0.27%	0.01%	0.01%
	CRM	B	0.4%	0.01%	0.01%
	CVS	F	0.16%	0.01%	0.01%
	CVX	A	0.33%	0.01%	0.01%
	D	D	0.51%	0.01%	0.01%
	DB	D	0.28%	0.01%	0.01%
	DELL	C	0.28%	0.01%	0.01%
	DHI	D	0.13%	0.01%	0.01%
	DHR	F	0.86%	0.01%	0.01%
	DTE	D	0.77%	0.01%	0.01%
	DUK	D	0.07%	0.01%	0.01%
	ED	D	1.05%	0.01%	0.01%
	EFX	F	0.1%	0.01%	0.01%
	ETR	B	0.38%	0.01%	0.01%
	FIS	B	0.23%	0.01%	0.01%
	FITB	A	0.22%	0.01%	0.01%
	FOXA	A	0.21%	0.01%	0.01%
	GE	D	0.76%	0.01%	0.01%
	GILD	B	0.59%	0.01%	0.01%
	GM	B	0.1%	0.01%	0.01%
	GP	F	0.59%	0.01%	0.01%
	GS	B	0.26%	0.01%	0.01%
	HPE	B	0.11%	0.01%	0.01%
	HRL	F	0.07%	0.01%	0.01%
	HSBC	B	0.29%	0.01%	0.01%
	ICE	C	0.15%	0.01%	0.01%
	JPM	A	0.03%	0.01%	0.01%
	KDP	C	0.95%	0.01%	0.01%
	KEY	B	0.16%	0.01%	0.01%
	LEN	D	0.26%	0.01%	0.01%
	LUV	B	0.18%	0.01%	0.01%
	LYB	F	0.83%	0.01%	0.01%
	MCHP	F	0.22%	0.01%	0.01%
	MDLZ	F	0.09%	0.01%	0.01%
	MET	C	0.13%	0.01%	0.01%
	MKC	D	0.17%	0.01%	0.01%
	MLM	B	0.28%	0.01%	0.01%
	MS	A	0.06%	0.01%	0.01%
	MUFG	A	0.14%	0.01%	0.01%
	NDAQ	B	0.31%	0.01%	0.01%
	NEE	D	0.57%	0.01%	0.01%
	NVDA	A	0.52%	0.01%	0.01%
	NWG	B	0.15%	0.01%	0.01%
	NYC	D	0.21%	0.01%	0.01%
	OGE	B	0.39%	0.01%	0.01%
	OGS	B	1.05%	0.01%	0.01%
	OTIS	D	0.95%	0.01%	0.01%
	PCAR	B	0.05%	0.01%	0.01%
	PPL	A	0.22%	0.01%	0.01%
	PSX	C	0.16%	0.01%	0.01%
	PYPL	A	0.95%	0.01%	0.01%
	R	B	0.08%	0.01%	0.01%
	ROP	A	0.07%	0.01%	0.01%
	RY	C	0.51%	0.01%	0.01%
	SBUX	B	0.18%	0.01%	0.01%
	SCHW	B	0.42%	0.01%	0.01%
	SJM	F	0.57%	0.01%	0.01%
	SO	D	0.26%	0.01%	0.01%
	SYK	A	0.49%	0.01%	0.01%
	T	A	0.3%	0.01%	0.01%
	TD	D	0.51%	0.01%	0.01%
	TFC	B	0.59%	0.01%	0.01%
	TSN	B	0.7%	0.01%	0.01%
	UBS	B	0.16%	0.01%	0.01%
	UNH	B	0.43%	0.01%	0.01%
	VFC	C	0.39%	0.01%	0.01%
	VLO	C	1.51%	0.01%	0.01%
	VZ	D	0.1%	0.01%	0.01%
	WFC	A	0.26%	0.01%	0.01%
	WM	A	0.69%	0.01%	0.01%

RAVI Overweight 2 Positions Relative to BND

	Symbol	Grade	Weight
	ATHS	C	0.26%
	SEB	F	0.16%

RAVI Underweight 446 Positions Relative to BND

	Symbol	Grade	Weight
	WIT	B	-0.09%
	LXP	D	-0.01%
	LVS	C	-0.01%
	NKE	F	-0.01%
	MMC	D	-0.01%
	PAA	C	-0.01%
	NFG	D	-0.01%
	LRCX	F	-0.01%
	OSK	B	-0.01%
	NEM	F	-0.01%
	MKL	A	-0.01%
	ORLY	A	-0.01%
	ORI	A	-0.01%
	LNT	C	-0.01%
	LMT	D	-0.01%
	LLY	F	-0.01%
	OCSL	D	-0.01%
	OC	A	-0.01%
	NWE	C	-0.01%
	NVR	D	-0.01%
	MSI	B	-0.01%
	MCY	B	-0.01%
	NTRS	A	-0.01%
	MCK	B	-0.01%
	MCD	C	-0.01%
	PDM	D	-0.01%
	NSC	B	-0.01%
	GSBD	F	-0.01%
	ITW	B	-0.01%
	HUN	F	-0.01%
	HUBB	C	-0.01%
	HSY	F	-0.01%
	GPN	B	-0.01%
	HRB	D	-0.01%
	HPP	F	-0.01%
	HON	B	-0.01%
	JNPR	D	-0.01%
	JNJ	D	-0.01%
	IPG	F	-0.01%
	IP	B	-0.01%
	INVH	D	-0.01%
	INGR	B	-0.01%
	HII	F	-0.01%
	ILMN	C	-0.01%
	HBAN	A	-0.01%
	JBLU	C	-0.01%
	JBL	C	-0.01%
	JBHT	C	-0.01%
	GWW	B	-0.01%
	ET	A	-0.01%
	EQIX	B	-0.01%
	EOG	A	-0.01%
	EMR	A	-0.01%
	EMN	D	-0.01%
	FTV	C	-0.01%
	EIX	C	-0.01%
	FSK	A	-0.01%
	CAH	B	-0.01%
	CAF	C	-0.01%
	BXP	D	-0.01%
	BWA	B	-0.01%
	BRO	B	-0.01%
	BR	A	-0.01%
	DLTR	F	-0.01%
	FHN	A	-0.01%
	DGX	B	-0.01%
	DE	D	-0.01%
	FDX	B	-0.01%
	ECL	C	-0.01%
	EBAY	C	-0.01%
	CUBE	D	-0.01%
	DVN	F	-0.01%
	CTVA	C	-0.01%
	FANG	C	-0.01%
	CTAS	B	-0.01%
	CSX	B	-0.01%
	FAF	C	-0.01%
	FLEX	B	-0.01%
	EXR	D	-0.01%
	EXPE	B	-0.01%
	EXC	C	-0.01%
	DRI	B	-0.01%
	DOW	F	-0.01%
	DOV	A	-0.01%
	DSS	F	-0.01%
	COKE	C	-0.01%
	ALB	C	-0.01%
	AJG	A	-0.01%
	AYI	A	-0.01%
	AWH	F	-0.01%
	AVY	F	-0.01%
	AVA	C	-0.01%
	AFL	C	-0.01%
	AFG	A	-0.01%
	AER	B	-0.01%
	ADSK	B	-0.01%
	ADI	D	-0.01%
	CHI	A	-0.01%
	ADBE	C	-0.01%
	BLK	A	-0.01%
	BKH	A	-0.01%
	BK	B	-0.01%
	BIIB	F	-0.01%
	APTV	F	-0.01%
	APO	B	-0.01%
	BIDU	F	-0.01%
	APH	B	-0.01%
	APD	B	-0.01%
	BERY	D	-0.01%
	AMCR	D	-0.01%
	AMAT	F	-0.01%
	CPB	F	-0.01%
	COST	B	-0.01%
	COO	D	-0.01%
	A	F	-0.01%
	THG	A	-0.01%
	TEL	B	-0.01%
	SYY	D	-0.01%
	ZTS	D	-0.01%
	ZION	B	-0.01%
	ZBH	C	-0.01%
	TRMB	B	-0.01%
	TME	F	-0.01%
	PKG	B	-0.01%
	PHM	D	-0.01%
	PGR	A	-0.01%
	NOW	A	-0.01%
	NOV	C	-0.01%
	NNN	F	-0.01%
	OKE	A	-0.01%
	OHI	C	-0.01%
	LHX	B	-0.01%
	LH	B	-0.01%
	O	D	-0.01%
	LEA	F	-0.01%
	LDOS	C	-0.01%
	MPLX	A	-0.01%
	MPC	D	-0.01%
	IVZ	B	-0.01%
	GLW	B	-0.01%
	GLPI	D	-0.01%
	JLL	C	-0.01%
	GL	B	-0.01%
	JHG	A	-0.01%
	JEF	B	-0.01%
	JD	C	-0.01%
	L	A	-0.01%
	JCI	A	-0.01%
	KMT	B	-0.01%
	KMPR	A	-0.01%
	KMB	D	-0.01%
	GBDC	B	-0.01%
	UNM	A	-0.01%
	WEC	B	-0.01%
	WB	F	-0.01%
	TXN	B	-0.01%
	VTR	C	-0.01%
	SYF	B	-0.01%
	SWK	F	-0.01%
	VRSN	C	-0.01%
	VRSK	A	-0.01%
	VNT	C	-0.01%
	STZ	D	-0.01%
	STLD	C	-0.01%
	XEL	A	-0.01%
	WTFC	B	-0.01%
	WPC	F	-0.01%
	SLG	C	-0.01%
	SKT	A	-0.01%
	SITC	F	-0.01%
	RS	C	-0.01%
	RPM	A	-0.01%
	ROST	D	-0.01%
	PWR	B	-0.01%
	RL	B	-0.01%
	RIV	A	-0.01%
	PFG	C	-0.01%
	SCS	B	-0.01%
	RGA	A	-0.01%
	REXR	F	-0.01%
	SAVE	F	-0.01%
	REGN	F	-0.01%
	SPGI	C	-0.01%
	SPG	A	-0.01%
	SAFE	F	-0.01%
	EG	D	-0.01%
	PPG	F	-0.01%
	SON	F	-0.01%
	SNX	C	-0.01%
	SNV	B	-0.01%
	MOS	D	-0.01%
	MAS	D	-0.01%
	MA	B	-0.01%
	MMM	C	-0.01%
	NHI	D	-0.01%
	NEU	C	-0.01%
	LOW	B	-0.01%
	LNC	B	-0.01%
	MHK	D	-0.01%
	LIN	D	-0.01%
	NXPI	F	-0.01%
	MU	D	-0.01%
	MTB	A	-0.01%
	NVT	C	-0.01%
	MCO	C	-0.01%
	NUE	D	-0.01%
	NTAP	D	-0.01%
	HUM	D	-0.01%
	HST	D	-0.01%
	GPC	D	-0.01%
	HR	C	-0.01%
	GOOGL	C	-0.01%
	HPQ	B	-0.01%
	HP	C	-0.01%
	HOG	D	-0.01%
	INTU	A	-0.01%
	HIW	D	-0.01%
	HIG	C	-0.01%
	HES	B	-0.01%
	IFF	F	-0.01%
	IEX	B	-0.01%
	HAS	D	-0.01%
	H	B	-0.01%
	GXO	B	-0.01%
	ESS	C	-0.01%
	ESGR	B	-0.01%
	ES	D	-0.01%
	EQR	C	-0.01%
	EQH	B	-0.01%
	EPRT	C	-0.01%
	EPR	D	-0.01%
	FTNT	B	-0.01%
	FRT	B	-0.01%
	FNF	C	-0.01%
	EW	F	-0.01%
	EVRG	A	-0.01%
	ETN	B	-0.01%
	CAG	F	-0.01%
	BSX	A	-0.01%
	BRX	A	-0.01%
	AAT	B	-0.01%
	AAP	C	-0.01%
	PEG	C	-0.01%
	PECO	B	-0.01%
	DOC	C	-0.01%
	DG	F	-0.01%
	DFS	B	-0.01%
	EL	F	-0.01%
	FE	D	-0.01%
	EE	B	-0.01%
	DAL	A	-0.01%
	EA	A	-0.01%
	DXC	B	-0.01%
	CTS	C	-0.01%
	CSL	B	-0.01%
	FMC	F	-0.01%
	FLS	B	-0.01%
	FLO	F	-0.01%
	DOX	C	-0.01%
	BC	D	-0.01%
	BBY	C	-0.01%
	ALLE	D	-0.01%
	ALL	B	-0.01%
	COE	D	-0.01%
	BAX	F	-0.01%
	AIZ	A	-0.01%
	CNO	B	-0.01%
	CNA	C	-0.01%
	CMI	A	-0.01%
	AXS	A	-0.01%
	AWK	D	-0.01%
	AVT	C	-0.01%
	CME	B	-0.01%
	CMA	A	-0.01%
	AVB	B	-0.01%
	AGR	C	-0.01%
	AGO	B	-0.01%
	ATO	B	-0.01%
	CL	F	-0.01%
	CINF	A	-0.01%
	AES	F	-0.01%
	ADP	A	-0.01%
	ADM	F	-0.01%
	CHRW	A	-0.01%
	CHH	B	-0.01%
	CHD	A	-0.01%
	BMO	A	-0.01%
	ARW	F	-0.01%
	ADC	A	-0.01%
	ACGL	C	-0.01%
	CF	B	-0.01%
	BKNG	A	-0.01%
	ARE	F	-0.01%
	CE	F	-0.01%
	CDNS	B	-0.01%
	BG	D	-0.01%
	CBT	C	-0.01%
	CBOE	D	-0.01%
	BEN	C	-0.01%
	AN	C	-0.01%
	AMP	A	-0.01%
	CACC	D	-0.01%
	CPT	C	-0.01%
	BDN	D	-0.01%
	BCSF	A	-0.01%
	AMH	C	-0.01%
	AMG	B	-0.01%
	AAL	B	-0.01%
	TGT	C	-0.01%
	TDY	B	-0.01%
	TAP	B	-0.01%
	TRV	B	-0.01%
	XYL	F	-0.01%
	XRAY	F	-0.01%
	TMO	F	-0.01%
	TKR	F	-0.01%
	TJX	A	-0.01%
	PH	A	-0.01%
	PG	C	-0.01%
	OPI	F	-0.01%
	LII	B	-0.01%
	LEG	F	-0.01%
	LAZ	C	-0.01%
	MRVL	B	-0.01%
	MRO	B	-0.01%
	MP	C	-0.01%
	KIM	A	-0.01%
	KEYS	C	-0.01%
	KEX	A	-0.01%
	K	A	-0.01%
	GIS	F	-0.01%
	KSS	D	-0.01%
	KRG	B	-0.01%
	KRC	C	-0.01%
	KR	A	-0.01%
	KOF	F	-0.01%
	KMI	B	-0.01%
	KLAC	F	-0.01%
	GD	C	-0.01%
	UPS	C	-0.01%
	UNP	D	-0.01%
	WELL	B	-0.01%
	UHS	D	-0.01%
	UDR	C	-0.01%
	WBS	A	-0.01%
	WBA	D	-0.01%
	WAB	B	-0.01%
	TXT	D	-0.01%
	TT	B	-0.01%
	TSLX	D	-0.01%
	TSCO	D	-0.01%
	SWX	B	-0.01%
	SWKS	F	-0.01%
	VOYA	B	-0.01%
	VNO	C	-0.01%
	VMI	B	-0.01%
	SUI	F	-0.01%
	STT	B	-0.01%
	VMC	B	-0.01%
	STLA	F	-0.01%
	STE	D	-0.01%
	WY	F	-0.01%
	WU	F	-0.01%
	WTRG	C	-0.01%
	WEST	D	-0.01%
	WRB	B	-0.01%
	WMB	B	-0.01%
	WLK	F	-0.01%
	WHR	B	-0.01%
	PNW	A	-0.01%
	SNA	A	-0.01%
	RYN	F	-0.01%
	PNR	A	-0.01%
	QRVO	F	-0.01%
	PM	B	-0.01%
	PLD	D	-0.01%
	SLB	C	-0.01%
	RSG	B	-0.01%
	QCOM	F	-0.01%
	SIGI	B	-0.01%
	RPRX	F	-0.01%
	ROK	B	-0.01%
	RNR	D	-0.01%
	SF	A	-0.01%
	RJF	A	-0.01%
	PSEC	F	-0.01%
	PSA	D	-0.01%
	RF	A	-0.01%
	SBRA	C	-0.01%
	REG	A	-0.01%
	PRE	D	-0.01%
	MAR	A	-0.01%
	MAIN	A	-0.01%
	MAA	C	-0.01%
	NOC	D	-0.01%
	OMC	A	-0.01%
	MRK	F	-0.01%
	USB	B	-0.01%
	UAL	A	-0.01%
	VTRS	B	-0.01%
	SHW	A	-0.01%
	SCCO	F	-0.01%
	BHP	F	-0.01%
	CARR	C	-0.01%
	DIS	B	-0.01%
	DD	D	-0.01%
	EDC	F	-0.01%
	MO	A	-0.01%
	GSK	F	-0.01%
	HAL	C	-0.01%
	EPD	A	-0.01%
	KO	F	-0.01%
	SRE	B	-0.01%
	WMT	A	-0.01%
	PNC	B	-0.01%
	PFE	F	-0.01%
	PRU	B	-0.01%
	COP	C	-0.01%
	HD	B	-0.01%
	HCA	D	-0.01%
	EQNR	D	-0.01%
	CB	C	-0.01%
	PEP	D	-0.01%
	DLR	C	-0.01%
	CSCO	A	-0.01%
	ALLY	C	-0.01%
	BABA	D	-0.01%
	NI	A	-0.01%
	MDT	D	-0.01%
	VOD	F	-0.01%
	RTX	D	-0.01%
	IBM	D	-0.01%
	DT	C	-0.01%
	ORCL	A	-0.01%
	AVGO	C	-0.01%
	CHTR	B	-0.01%
	ABT	C	-0.01%
	AMGN	F	-0.01%
	AAPL	C	-0.01%
	INTC	C	-0.01%
	AXP	B	-0.01%
	XOM	B	-0.01%
	V	A	-0.01%
	PCG	A	-0.01%
	TMUS	A	-0.01%
	MSFT	C	-0.01%

RAVI: Top Represented Industries & Keywords

Industries: Banks - Global Utilities - Regulated Electric Banks - Regional - US Drug Manufacturers - Major Capital Markets Health Care Plans Packaged Foods Telecom Services Auto Manufacturers Business Services Credit Services Farm & Construction Equipment Financial Data & Stock Exchanges Insurance - Life Oil & Gas Refining & Marketing Rental & Leasing Services Residential Construction Semiconductors Specialty Industrial Machinery Specialty Retail

Keywords: S&P 500 Bank Banking Electricity Financial Products Natural Gas Nasdaq 100 Commercial Banking Investment Bank Cash Management Investment Banking Dow Jones Component Asset Management Services Insurance Investment Product Wealth Management Gas Transmission Insurance Products Natural Gas Transmission Primary Dealers

BND: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Diversified Industrials Insurance - Property & Casualty REIT - Retail Banks - Global Credit Services Drug Manufacturers - Major REIT - Office Semiconductors Specialty Chemicals Packaged Foods Specialty Retail Utilities - Diversified Business Services Insurance - Life REIT - Residential Capital Markets Diagnostics & Research

Keywords: S&P 500 Nasdaq 100 Insurance Natural Gas Real Estate Investment Trust Bank Electricity Insurance Products Banking Dow Jones Component Electronics Chemical Investment Bank Aerospace Computing Mining Financial Products Plastic Commercial Banking Disability