RAVI vs. NULV ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to NuShares ESG Large-Cap Value ETF (NULV)

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

$75.33

Average Daily Volume

77,697

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

NULV

NuShares ESG Large-Cap Value ETF

NULV Description

The Fund seeks to track the investments results, before fees and expenses, of the TIAA ESG USA Large-Cap Value Index.

Grade (RS Rating)

Last Trade

$42.28

Average Daily Volume

80,316

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	NULV
30 Days	0.36%	1.63%
60 Days	0.77%	5.59%
90 Days	1.35%	11.00%
12 Months	5.56%	30.82%

20 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in NULV	Overlap
AMT	F	0.13%	1.35%	0.13%
BAC	B	0.57%	1.16%	0.57%
BMY	C	0.43%	0.08%	0.08%
C	B	0.24%	1.75%	0.24%
CAT	B	0.26%	1.04%	0.26%
CI	F	0.67%	1.47%	0.67%
CNH	D	0.13%	0.02%	0.02%
CNP	B	0.2%	0.32%	0.2%
DHR	F	0.86%	1.75%	0.86%
ED	D	1.05%	1.39%	1.05%
FIS	C	0.23%	0.86%	0.23%
GILD	B	0.59%	0.64%	0.59%
GS	B	0.26%	1.54%	0.26%
KDP	F	0.95%	0.7%	0.7%
LYB	F	0.83%	0.94%	0.83%
MET	C	0.13%	0.46%	0.13%
MS	B	0.06%	1.4%	0.06%
SBUX	B	0.18%	1.36%	0.18%
TFC	B	0.59%	0.16%	0.16%
VZ	D	0.1%	1.94%	0.1%

RAVI Overweight 81 Positions Relative to NULV

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

RAVI Underweight 83 Positions Relative to NULV

Symbol	Grade	Weight
ORCL	A	-2.71%
KO	D	-2.27%
IBM	D	-2.04%
TXN	A	-2.03%
DIS	C	-2.0%
PEP	F	-1.97%
FI	B	-1.92%
LOW	B	-1.86%
AMGN	C	-1.86%
WELL	B	-1.78%
JNJ	D	-1.77%
ADI	D	-1.72%
INTC	C	-1.68%
DE	C	-1.67%
MRK	F	-1.65%
BK	B	-1.64%
PNC	A	-1.64%
OKE	A	-1.58%
TRV	B	-1.53%
MMC	C	-1.49%
BKR	B	-1.48%
MMM	C	-1.47%
HCA	D	-1.46%
CSCO	A	-1.45%
PGR	B	-1.44%
EXC	D	-1.44%
NXPI	D	-1.43%
KR	A	-1.39%
ADP	A	-1.35%
ECL	D	-1.34%
COR	B	-1.33%
AXP	B	-1.2%
ADM	F	-1.14%
CAH	B	-1.09%
FDX	B	-1.07%
FTV	F	-1.05%
UPS	D	-0.96%
ES	D	-0.95%
CBOE	D	-0.92%
RF	B	-0.89%
FSLR	F	-0.83%
A	D	-0.79%
HD	B	-0.75%
KMB	D	-0.74%
J	C	-0.73%
URI	B	-0.69%
IR	B	-0.68%
BR	A	-0.67%
CHD	C	-0.66%
WTW	B	-0.65%
HPQ	B	-0.6%
JCI	A	-0.59%
PPG	F	-0.57%
STLD	B	-0.53%
NEM	D	-0.5%
BG	F	-0.5%
SOLV	C	-0.45%
PHM	D	-0.44%
EQIX	B	-0.43%
ATO	A	-0.4%
HIG	C	-0.4%
HOLX	D	-0.39%
MOS	C	-0.36%
OC	B	-0.33%
HOOD	A	-0.31%
QRVO	F	-0.29%
SPGI	D	-0.28%
DINO	F	-0.27%
IPG	F	-0.24%
WDC	C	-0.21%
PSA	D	-0.19%
SYY	C	-0.16%
TGT	F	-0.16%
ETN	A	-0.13%
IRM	C	-0.11%
BALL	F	-0.1%
ZBH	C	-0.09%
PRU	C	-0.08%
AWK	D	-0.04%
REGN	F	-0.04%
ACN	C	-0.03%
STE	F	-0.02%
WTRG	B	-0.02%