RAVI vs. HIDV ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to AB US High Dividend ETF (HIDV)

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

HIDV

AB US High Dividend ETF

HIDV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund invests in companies that are determined to be attractive by the adviser with an emphasis on income generation. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$74.13

Average Daily Volume

2,495

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	HIDV
30 Days	0.41%	2.96%
60 Days	0.65%	4.77%
90 Days	1.23%	5.57%
12 Months	5.45%	35.66%

21 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in HIDV	Overlap
ABBV	D	0.13%	1.04%	0.13%
AMZN	C	0.42%	2.98%	0.42%
BMY	B	0.43%	0.99%	0.43%
C	A	0.24%	1.06%	0.24%
CFG	B	0.29%	0.6%	0.29%
CLX	B	0.26%	0.42%	0.26%
CVS	D	0.16%	0.99%	0.16%
CVX	A	0.33%	1.21%	0.33%
D	C	0.51%	0.92%	0.51%
DTE	C	0.77%	0.26%	0.26%
GILD	C	0.59%	0.59%	0.59%
GS	A	0.26%	1.16%	0.26%
JPM	A	0.03%	0.55%	0.03%
LYB	F	0.83%	0.85%	0.83%
MS	A	0.06%	1.14%	0.06%
NVDA	C	0.52%	7.03%	0.52%
T	A	0.3%	1.19%	0.3%
TSN	B	0.7%	0.3%	0.3%
UNH	C	0.43%	0.32%	0.32%
VZ	C	0.1%	1.21%	0.1%
WFC	A	0.26%	0.83%	0.26%

RAVI Overweight 80 Positions Relative to HIDV

Symbol	Grade	Weight
VLO	C	1.51%
ED	D	1.05%
OGS	A	1.05%
OTIS	C	0.95%
PYPL	B	0.95%
KDP	D	0.95%
DHR	F	0.86%
GE	D	0.76%
WM	A	0.69%
CI	F	0.67%
CM	A	0.62%
GP	F	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%
BNS	A	0.52%
BDX	F	0.51%
TD	F	0.51%
RY	A	0.51%
SYK	C	0.49%
CCI	D	0.49%
AON	A	0.46%
SCHW	B	0.42%
CRM	B	0.4%
VFC	C	0.39%
OGE	B	0.39%
ETR	B	0.38%
AEP	D	0.38%
NDAQ	A	0.31%
ARCC	A	0.3%
HSBC	B	0.29%
MLM	B	0.28%
DELL	C	0.28%
CMCSA	B	0.28%
DB	D	0.28%
CP	D	0.27%
CAT	B	0.26%
LEN	D	0.26%
SO	D	0.26%
ATHS	C	0.26%
AL	B	0.25%
CMS	C	0.24%
FIS	C	0.23%
MCHP	D	0.22%
FITB	A	0.22%
PPL	B	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%
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%
ICE	C	0.15%
MUFG	B	0.14%
MET	A	0.13%
DHI	D	0.13%
AMT	D	0.13%
CNH	C	0.13%
HPE	B	0.11%
EFX	F	0.1%
GM	B	0.1%
MDLZ	F	0.09%
R	B	0.08%
HRL	D	0.07%
ROP	B	0.07%
DUK	C	0.07%
COF	B	0.06%
PCAR	B	0.05%

RAVI Underweight 84 Positions Relative to HIDV

Symbol	Grade	Weight
AAPL	C	-7.19%
MSFT	F	-5.58%
GOOGL	C	-2.02%
META	D	-1.72%
NFLX	A	-1.55%
ORCL	B	-1.39%
MRK	F	-1.29%
TSLA	B	-1.29%
PM	B	-1.27%
KO	D	-1.24%
CSCO	B	-1.24%
ACN	C	-1.23%
AVGO	D	-1.21%
IBM	C	-1.19%
PFE	D	-1.06%
UPS	C	-1.04%
MO	A	-1.03%
GOOG	C	-0.9%
VICI	C	-0.89%
BRK.A	B	-0.89%
TROW	B	-0.87%
EMN	D	-0.86%
DOW	F	-0.86%
STT	A	-0.86%
FLO	D	-0.83%
UNM	A	-0.83%
UGI	A	-0.83%
OMF	A	-0.83%
WU	D	-0.83%
AMCR	D	-0.83%
AM	A	-0.82%
WPC	D	-0.82%
AGNC	D	-0.82%
DINO	D	-0.82%
GLPI	C	-0.81%
BBY	D	-0.81%
IVZ	B	-0.81%
WEN	D	-0.8%
SON	D	-0.8%
JHG	A	-0.8%
OGN	D	-0.79%
RHI	B	-0.78%
NNN	D	-0.78%
GAP	C	-0.78%
LNC	B	-0.78%
UWMC	D	-0.78%
WBA	F	-0.78%
MTG	C	-0.76%
OHI	C	-0.76%
CWEN	C	-0.75%
INGR	B	-0.75%
SNA	A	-0.72%
SWK	D	-0.69%
QCOM	F	-0.68%
AMGN	D	-0.66%
FHN	A	-0.62%
NOW	A	-0.6%
TFSL	A	-0.6%
RF	A	-0.6%
COLB	A	-0.59%
BRX	A	-0.55%
LLY	F	-0.45%
WHR	B	-0.44%
AES	F	-0.41%
CRI	D	-0.4%
HUN	F	-0.4%
KRC	C	-0.4%
HIW	D	-0.39%
EPR	D	-0.39%
KSS	F	-0.38%
PK	B	-0.38%
MAN	D	-0.37%
TXRH	C	-0.34%
XOM	B	-0.31%
PRGO	B	-0.22%
JNJ	D	-0.22%
V	A	-0.2%
OKE	A	-0.2%
BX	A	-0.18%
M	D	-0.13%
CWEN	C	-0.09%
MCD	D	-0.06%
PLTK	B	-0.05%
MA	C	-0.04%