RAVI vs. GSST ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to Goldman Sachs Access Ultra Short Bond ETF (GSST)

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

$75.29

Average Daily Volume

55,200

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

GSST

Goldman Sachs Access Ultra Short Bond ETF

GSST Description

The investment seeks to provide current income with preservation of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a broad range of U.S. dollar denominated bonds. It will concentrate its investments in the financial services group of industries. Under normal circumstances, the fund's effective duration is expected to be one year or less.

Grade (RS Rating)

Last Trade

$50.29

Average Daily Volume

65,432

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	GSST
30 Days	0.00%	0.13%
60 Days	0.50%	0.67%
90 Days	0.95%	1.15%
12 Months	5.01%	4.99%

36 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in GSST	Overlap
ABBV	B	0.13%	0.1%	0.1%
AEP	C	0.38%	0.19%	0.19%
AIG	C	0.57%	0.23%	0.23%
AL	C	0.25%	0.11%	0.11%
BAC	A	0.57%	0.35%	0.35%
BNS	C	0.52%	0.37%	0.37%
C	B	0.24%	0.22%	0.22%
CI	D	0.67%	0.72%	0.67%
CM	B	0.62%	0.43%	0.43%
CNP	D	0.2%	0.27%	0.2%
DTE	C	0.77%	0.35%	0.35%
DUK	B	0.07%	0.26%	0.07%
ETR	D	0.38%	0.18%	0.18%
FIS	C	0.23%	0.25%	0.23%
FITB	B	0.22%	0.15%	0.15%
GILD	C	0.59%	0.23%	0.23%
GM	B	0.1%	0.1%	0.1%
HPE	B	0.11%	0.13%	0.11%
HSBC	D	0.29%	0.43%	0.29%
ICE	A	0.15%	0.31%	0.15%
JPM	B	0.03%	0.88%	0.03%
MS	A	0.06%	0.37%	0.06%
NEE	C	0.57%	0.15%	0.15%
NWG	B	0.15%	0.17%	0.15%
OGE	B	0.39%	0.07%	0.07%
PPL	D	0.22%	0.19%	0.19%
PXD	B	0.89%	0.44%	0.44%
R	C	0.08%	0.33%	0.08%
ROP	C	0.07%	0.14%	0.07%
RY	B	0.51%	0.25%	0.25%
SCHW	C	0.42%	0.31%	0.31%
SO	B	0.26%	0.48%	0.26%
T	B	0.3%	0.46%	0.3%
TD	D	0.51%	0.31%	0.31%
UBS	B	0.16%	0.36%	0.16%
VZ	B	0.1%	0.4%	0.1%

RAVI Overweight 66 Positions Relative to GSST

Symbol	Grade	Weight
VLO	D	1.51%
ED	D	1.05%
OGS	C	1.05%
OTIS	B	0.95%
PYPL	D	0.95%
KDP	D	0.95%
DHR	D	0.86%
LYB	F	0.83%
GE	D	0.76%
TSN	D	0.7%
WM	B	0.69%
GP	F	0.59%
TFC	A	0.59%
SJM	F	0.57%
AZO	C	0.52%
NVDA	C	0.52%
D	C	0.51%
BDX	F	0.51%
SYK	C	0.49%
CCI	C	0.49%
AON	C	0.46%
UNH	D	0.43%
BMY	F	0.43%
AMZN	C	0.42%
CRM	F	0.4%
VFC	D	0.39%
CVX	D	0.33%
NDAQ	B	0.31%
ARCC	A	0.3%
CFG	A	0.29%
MLM	D	0.28%
DELL	C	0.28%
CMCSA	F	0.28%
DB	B	0.28%
CP	C	0.27%
WFC	B	0.26%
CAT	D	0.26%
CLX	D	0.26%
LEN	C	0.26%
ATHS	B	0.26%
GS	A	0.26%
CMS	D	0.24%
MCHP	D	0.22%
FOXA	A	0.21%
NYC	B	0.21%
SBUX	F	0.18%
LUV	D	0.18%
MKC	C	0.17%
AEE	C	0.17%
BHF	D	0.17%
CVS	F	0.16%
KEY	B	0.16%
SEB	F	0.16%
PSX	D	0.16%
AZN	D	0.15%
BA	D	0.15%
MUFG	B	0.14%
MET	C	0.13%
DHI	C	0.13%
AMT	B	0.13%
CNH	F	0.13%
EFX	C	0.1%
MDLZ	F	0.09%
HRL	F	0.07%
COF	C	0.06%
PCAR	D	0.05%

RAVI Underweight 27 Positions Relative to GSST

Symbol	Grade	Weight
DFS	B	-0.64%
NVR	B	-0.64%
CCEP	C	-0.59%
FN	B	-0.49%
BMO	D	-0.45%
KIND	C	-0.44%
PSA	B	-0.43%
JXN	B	-0.4%
EQH	A	-0.35%
BIIB	C	-0.34%
DLTR	F	-0.25%
MMM	B	-0.22%
CRPT	C	-0.2%
MKL	D	-0.19%
PL	D	-0.19%
MPLX	C	-0.16%
BABA	C	-0.16%
CSL	B	-0.14%
ATO	B	-0.13%
RL	C	-0.13%
MPC	F	-0.13%
MCO	A	-0.13%
PFG	C	-0.11%
COMM	D	-0.1%
VOYA	D	-0.08%
GNR	D	-0.05%
BX	B	-0.03%