RAVI vs. IMCG ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to iShares Morningstar Mid-Cap Growth ETF (IMCG)

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

IMCG

iShares Morningstar Mid-Cap Growth ETF

IMCG Description

The investment seeks to track the investment results of the MorningstarÂ® US Mid Cap Broad Growth IndexSM composed of mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by mid-capitalization companies that have exhibited above-average "growth" characteristics as determined by Morningstar, Inc.'s ("Morningstar" or the "index provider") proprietary index methodology.

Grade (RS Rating)

Last Trade

$79.81

Average Daily Volume

132,538

Number of Holdings ^*

299

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	IMCG
30 Days	0.41%	8.56%
60 Days	0.65%	9.96%
90 Days	1.23%	12.47%
12 Months	5.45%	34.97%

15 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in IMCG	Overlap
AZO	C	0.52%	0.92%	0.52%
CLX	B	0.26%	0.23%	0.23%
CMS	C	0.24%	0.12%	0.12%
D	C	0.51%	0.37%	0.37%
DELL	C	0.28%	0.26%	0.26%
EFX	F	0.1%	0.53%	0.1%
HRL	D	0.07%	0.05%	0.05%
KDP	D	0.95%	0.21%	0.21%
LUV	C	0.18%	0.15%	0.15%
MCHP	D	0.22%	0.25%	0.22%
MKC	D	0.17%	0.17%	0.17%
MLM	B	0.28%	0.63%	0.28%
NDAQ	A	0.31%	0.21%	0.21%
OTIS	C	0.95%	0.42%	0.42%
TSN	B	0.7%	0.16%	0.16%

RAVI Overweight 86 Positions Relative to IMCG

Symbol	Grade	Weight
VLO	C	1.51%
ED	D	1.05%
OGS	A	1.05%
PYPL	B	0.95%
DHR	F	0.86%
LYB	F	0.83%
DTE	C	0.77%
GE	D	0.76%
WM	A	0.69%
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%
NVDA	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%
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%
AEP	D	0.38%
CVX	A	0.33%
ARCC	A	0.3%
T	A	0.3%
HSBC	B	0.29%
CFG	B	0.29%
CMCSA	B	0.28%
DB	D	0.28%
CP	D	0.27%
WFC	A	0.26%
CAT	B	0.26%
LEN	D	0.26%
SO	D	0.26%
ATHS	C	0.26%
GS	A	0.26%
AL	B	0.25%
C	A	0.24%
FIS	C	0.23%
FITB	A	0.22%
PPL	B	0.22%
FOXA	B	0.21%
NYC	D	0.21%
CNP	B	0.2%
SBUX	A	0.18%
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%
ICE	C	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%
GM	B	0.1%
VZ	C	0.1%
MDLZ	F	0.09%
R	B	0.08%
ROP	B	0.07%
DUK	C	0.07%
COF	B	0.06%
MS	A	0.06%
PCAR	B	0.05%
JPM	A	0.03%

RAVI Underweight 284 Positions Relative to IMCG

Symbol	Grade	Weight
PLTR	B	-2.29%
ADSK	A	-1.12%
FTNT	C	-1.07%
HLT	A	-1.06%
COIN	C	-1.05%
APP	B	-1.05%
FICO	B	-0.97%
WDAY	B	-0.96%
GWW	B	-0.92%
TTD	B	-0.92%
DASH	A	-0.91%
CPRT	A	-0.86%
FAST	B	-0.82%
GEV	B	-0.82%
MSCI	C	-0.82%
PWR	A	-0.82%
PAYX	C	-0.81%
SQ	B	-0.81%
HWM	A	-0.8%
ROST	C	-0.8%
AME	A	-0.78%
VRT	B	-0.76%
AXON	A	-0.75%
DLR	B	-0.74%
ODFL	B	-0.72%
IR	B	-0.72%
HES	B	-0.71%
EW	C	-0.71%
IT	C	-0.7%
VRSK	A	-0.7%
RCL	A	-0.66%
TEAM	A	-0.66%
VMC	B	-0.65%
A	D	-0.65%
DDOG	A	-0.65%
SYY	B	-0.65%
AMP	A	-0.65%
YUM	B	-0.65%
CARR	D	-0.64%
MSTR	C	-0.63%
LULU	C	-0.62%
IDXX	F	-0.61%
WAB	B	-0.6%
HUBS	A	-0.6%
RMD	C	-0.6%
JCI	C	-0.58%
CMI	A	-0.58%
ROK	B	-0.57%
VEEV	C	-0.55%
ARES	A	-0.54%
DXCM	D	-0.53%
ALNY	D	-0.52%
TTWO	A	-0.51%
CSGP	D	-0.51%
XYL	D	-0.51%
VST	B	-0.5%
ANSS	B	-0.5%
EA	A	-0.49%
FCNCA	A	-0.48%
NEM	D	-0.47%
MPWR	F	-0.47%
BR	A	-0.47%
CHD	B	-0.47%
BRO	B	-0.47%
NET	B	-0.47%
DECK	A	-0.47%
TPL	A	-0.46%
RBLX	C	-0.46%
URI	B	-0.46%
TRV	B	-0.45%
TYL	B	-0.44%
DFS	B	-0.44%
MTD	D	-0.44%
PSA	D	-0.44%
CBRE	B	-0.43%
GDDY	A	-0.43%
CDW	F	-0.42%
SBAC	D	-0.42%
TEL	B	-0.42%
HUBB	B	-0.41%
LPLA	A	-0.41%
EME	C	-0.41%
PTC	A	-0.4%
WST	C	-0.4%
COR	B	-0.39%
IQV	D	-0.39%
ALL	A	-0.38%
BKR	B	-0.38%
STE	F	-0.38%
TSCO	D	-0.37%
ILMN	D	-0.37%
CSL	C	-0.36%
STZ	D	-0.36%
GRMN	B	-0.36%
MDB	C	-0.35%
DOV	A	-0.34%
FSLR	F	-0.34%
INVH	D	-0.34%
LII	A	-0.34%
LVS	C	-0.34%
PCG	A	-0.33%
CPAY	A	-0.33%
LYV	A	-0.33%
CPNG	D	-0.33%
IBKR	A	-0.33%
TRGP	B	-0.32%
WSO	A	-0.32%
PODD	C	-0.32%
RJF	A	-0.32%
FDS	B	-0.32%
FTV	C	-0.32%
ZS	C	-0.32%
TRU	D	-0.32%
DAL	C	-0.32%
NTRA	B	-0.31%
NTNX	A	-0.3%
IRM	D	-0.3%
BURL	A	-0.3%
FWONK	B	-0.3%
IEX	B	-0.3%
CTVA	C	-0.3%
O	D	-0.29%
HOOD	B	-0.29%
MANH	D	-0.29%
WTW	B	-0.28%
FIX	A	-0.28%
AVB	B	-0.28%
KMB	D	-0.28%
DOCU	A	-0.28%
DD	D	-0.28%
HEI	B	-0.28%
TWLO	A	-0.28%
SUI	D	-0.27%
EQT	B	-0.27%
VRSN	F	-0.27%
BAH	F	-0.26%
ROL	B	-0.26%
LNG	B	-0.26%
EL	F	-0.26%
PSTG	D	-0.26%
TW	A	-0.26%
DPZ	C	-0.26%
ZBRA	B	-0.26%
GGG	B	-0.26%
COO	D	-0.25%
HAL	C	-0.25%
VLTO	D	-0.25%
DT	C	-0.25%
GEHC	F	-0.25%
WAT	B	-0.24%
MKL	A	-0.24%
SAIA	B	-0.24%
HSY	F	-0.24%
PFGC	B	-0.23%
AWK	D	-0.23%
DOW	F	-0.23%
NDSN	B	-0.23%
CLH	B	-0.22%
NTAP	C	-0.22%
JKHY	D	-0.22%
PNR	A	-0.22%
KEYS	A	-0.21%
EXPE	B	-0.21%
GPN	B	-0.21%
NBIX	C	-0.21%
LECO	B	-0.21%
OKTA	C	-0.21%
BMRN	D	-0.21%
TDY	B	-0.21%
NVT	B	-0.21%
AMH	D	-0.21%
KIM	A	-0.21%
ACGL	D	-0.21%
EXR	D	-0.21%
XPO	B	-0.2%
SNAP	C	-0.2%
EBAY	D	-0.2%
HEI	B	-0.2%
PPG	F	-0.2%
PHM	D	-0.2%
TRMB	B	-0.2%
RPM	A	-0.2%
ZBH	C	-0.2%
DAY	B	-0.2%
J	F	-0.2%
TECH	D	-0.19%
ALGN	D	-0.19%
LW	C	-0.19%
FND	C	-0.19%
TTEK	F	-0.19%
WRB	A	-0.19%
BALL	D	-0.19%
PAYC	B	-0.19%
ON	D	-0.18%
EQR	B	-0.18%
BLDR	D	-0.18%
ERIE	D	-0.18%
WSM	B	-0.18%
CASY	A	-0.18%
DKNG	B	-0.18%
SRPT	D	-0.17%
MOH	F	-0.17%
CHDN	B	-0.17%
DRI	B	-0.17%
ACM	A	-0.16%
GEN	B	-0.16%
VTR	C	-0.16%
ENTG	D	-0.16%
MORN	B	-0.16%
CINF	A	-0.16%
EXAS	D	-0.16%
ESS	B	-0.16%
WMS	D	-0.16%
SMCI	F	-0.16%
JBHT	C	-0.16%
WING	D	-0.16%
PINS	D	-0.16%
ULTA	F	-0.15%
WYNN	D	-0.15%
LDOS	C	-0.15%
TER	D	-0.14%
TXT	D	-0.14%
MEDP	D	-0.14%
JBL	B	-0.14%
ELS	C	-0.14%
AVY	D	-0.14%
ENPH	F	-0.14%
UDR	B	-0.14%
AVTR	F	-0.14%
ALLE	D	-0.13%
GPC	D	-0.13%
MAS	D	-0.13%
USFD	A	-0.13%
CTRA	B	-0.13%
CNM	D	-0.13%
POOL	C	-0.12%
KMX	B	-0.12%
NRG	B	-0.12%
AZPN	A	-0.12%
SCI	B	-0.12%
INCY	C	-0.12%
EPAM	C	-0.12%
MAA	B	-0.12%
SWK	D	-0.11%
CRL	C	-0.11%
AOS	F	-0.11%
BSY	D	-0.11%
APTV	D	-0.11%
RRX	B	-0.11%
ALB	C	-0.11%
SNA	A	-0.11%
BLD	D	-0.11%
UHS	D	-0.1%
CPT	B	-0.1%
FFIV	B	-0.1%
TOL	B	-0.1%
RVTY	F	-0.1%
DLTR	F	-0.1%
PCOR	B	-0.1%
AKAM	D	-0.1%
FLEX	A	-0.09%
U	C	-0.09%
DKS	C	-0.09%
MRNA	F	-0.09%
CE	F	-0.08%
HII	D	-0.08%
BJ	A	-0.08%
REG	B	-0.08%
ARE	D	-0.08%
BRKR	D	-0.08%
AFG	A	-0.07%
DVA	B	-0.07%
CCK	C	-0.07%
MGM	D	-0.07%
CELH	F	-0.07%
TFX	F	-0.06%
QRVO	F	-0.06%
UHAL	D	-0.05%
WTRG	B	-0.05%
COTY	F	-0.04%
ALAB	B	-0.04%
FWONA	B	-0.03%
WLK	D	-0.03%
UHAL	D	-0.0%