RAVI vs. ONEY ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to SPDR Russell 1000 Yield Focus ETF (ONEY)

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

84,845

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

ONEY

SPDR Russell 1000 Yield Focus ETF

ONEY Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Yield Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising high yield characteristics (the "Factor Characteristics"). It is non-diversified.

Grade (RS Rating)

Last Trade

$112.27

Average Daily Volume

15,061

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	ONEY
30 Days	0.43%	2.37%
60 Days	0.96%	8.61%
90 Days	1.51%	10.44%
12 Months	5.66%	31.17%

30 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in ONEY	Overlap
AEE	A	0.17%	0.48%	0.17%
AEP	C	0.38%	0.42%	0.38%
AL	D	0.25%	0.13%	0.13%
BMY	A	0.43%	2.4%	0.43%
CFG	C	0.29%	0.3%	0.29%
CLX	C	0.26%	0.6%	0.26%
CMS	A	0.24%	0.35%	0.24%
CNH	C	0.13%	0.36%	0.13%
CNP	B	0.2%	0.38%	0.2%
CVS	D	0.16%	0.73%	0.16%
D	A	0.51%	0.56%	0.51%
DTE	B	0.77%	0.31%	0.31%
ED	C	1.05%	0.45%	0.45%
ETR	A	0.38%	0.74%	0.38%
FOXA	B	0.21%	0.25%	0.21%
GILD	A	0.59%	1.36%	0.59%
HPE	B	0.11%	0.96%	0.11%
HRL	F	0.07%	0.22%	0.07%
KEY	B	0.16%	0.26%	0.16%
LUV	B	0.18%	0.66%	0.18%
LYB	B	0.83%	0.87%	0.83%
MKC	D	0.17%	0.23%	0.17%
OGE	C	0.39%	0.3%	0.3%
PCAR	D	0.05%	1.08%	0.05%
PPL	C	0.22%	0.33%	0.22%
R	C	0.08%	0.23%	0.08%
SJM	D	0.57%	0.47%	0.47%
TSN	D	0.7%	0.52%	0.52%
VFC	A	0.39%	0.26%	0.26%
VLO	D	1.51%	0.56%	0.56%

RAVI Overweight 71 Positions Relative to ONEY

Symbol	Grade	Weight
OGS	C	1.05%
OTIS	A	0.95%
PYPL	A	0.95%
KDP	C	0.95%
DHR	D	0.86%
GE	B	0.76%
WM	B	0.69%
CI	D	0.67%
CM	C	0.62%
GP	D	0.59%
TFC	D	0.59%
AIG	C	0.57%
NEE	C	0.57%
BAC	B	0.57%
AZO	D	0.52%
NVDA	B	0.52%
BNS	C	0.52%
BDX	C	0.51%
TD	B	0.51%
RY	C	0.51%
SYK	C	0.49%
CCI	D	0.49%
AON	A	0.46%
UNH	B	0.43%
AMZN	C	0.42%
SCHW	D	0.42%
CRM	B	0.4%
CVX	B	0.33%
NDAQ	C	0.31%
ARCC	A	0.3%
T	B	0.3%
HSBC	A	0.29%
MLM	F	0.28%
DELL	C	0.28%
CMCSA	B	0.28%
DB	A	0.28%
CP	C	0.27%
WFC	B	0.26%
CAT	A	0.26%
LEN	C	0.26%
SO	A	0.26%
ATHS	A	0.26%
GS	B	0.26%
C	B	0.24%
FIS	A	0.23%
MCHP	F	0.22%
FITB	C	0.22%
NYC	D	0.21%
SBUX	B	0.18%
BHF	D	0.17%
SEB	F	0.16%
UBS	B	0.16%
PSX	D	0.16%
AZN	D	0.15%
NWG	C	0.15%
BA	F	0.15%
ICE	A	0.15%
MUFG	D	0.14%
MET	A	0.13%
DHI	C	0.13%
AMT	D	0.13%
ABBV	C	0.13%
EFX	D	0.1%
GM	D	0.1%
VZ	C	0.1%
MDLZ	D	0.09%
ROP	D	0.07%
DUK	C	0.07%
COF	A	0.06%
MS	A	0.06%
JPM	C	0.03%

RAVI Underweight 254 Positions Relative to ONEY

Symbol	Grade	Weight
MO	D	-1.41%
F	D	-1.19%
FANG	D	-1.18%
SYY	D	-1.14%
ADM	F	-1.09%
EOG	B	-1.06%
CMI	A	-1.06%
CTSH	B	-1.03%
VICI	C	-1.01%
CAH	B	-1.0%
TGT	C	-1.0%
DVN	F	-0.93%
PSA	C	-0.91%
KVUE	C	-0.87%
TROW	D	-0.87%
BBY	C	-0.81%
SPG	A	-0.8%
CINF	A	-0.78%
BKR	B	-0.77%
KMB	D	-0.74%
OMC	C	-0.74%
DRI	C	-0.73%
SYF	A	-0.73%
GPC	D	-0.72%
KR	C	-0.7%
K	B	-0.7%
XEL	C	-0.69%
HPQ	B	-0.68%
CTRA	D	-0.67%
DOW	B	-0.67%
EBAY	A	-0.66%
GIS	C	-0.66%
PAYX	B	-0.65%
IP	C	-0.63%
EG	A	-0.62%
AMCR	C	-0.61%
CF	A	-0.61%
EXC	C	-0.59%
ATO	A	-0.59%
SWKS	F	-0.57%
SNA	C	-0.56%
PKG	B	-0.55%
CAG	D	-0.53%
WEC	B	-0.53%
SWK	C	-0.52%
VTRS	D	-0.51%
EVRG	C	-0.51%
PEG	A	-0.5%
NTAP	D	-0.5%
GLPI	C	-0.5%
EMN	C	-0.48%
JNPR	C	-0.47%
HST	D	-0.46%
EIX	C	-0.45%
SRE	C	-0.44%
DKS	D	-0.44%
KHC	F	-0.44%
IPG	D	-0.44%
CUBE	C	-0.44%
LAMR	C	-0.43%
WPC	C	-0.43%
MRO	B	-0.43%
ROK	D	-0.43%
MAA	D	-0.41%
RPRX	D	-0.41%
TPR	B	-0.4%
LKQ	F	-0.4%
CHK	D	-0.4%
RF	B	-0.4%
CE	D	-0.4%
STLD	B	-0.39%
HII	F	-0.39%
HAL	D	-0.39%
PNW	C	-0.38%
PPG	D	-0.38%
BG	F	-0.37%
TAP	D	-0.37%
DOX	B	-0.37%
MAS	C	-0.37%
NI	A	-0.36%
FE	C	-0.36%
APA	F	-0.35%
MTB	A	-0.35%
RS	D	-0.35%
KIM	C	-0.34%
CPB	D	-0.34%
EQR	C	-0.33%
NNN	C	-0.33%
WSO	C	-0.33%
INGR	B	-0.33%
HSY	D	-0.33%
WY	C	-0.32%
MOS	F	-0.32%
DGX	D	-0.32%
HRB	C	-0.32%
AVB	C	-0.31%
GEN	B	-0.31%
CHRD	F	-0.3%
BAX	D	-0.3%
AOS	C	-0.3%
BWA	C	-0.3%
WSM	C	-0.3%
DTM	A	-0.29%
HBAN	B	-0.29%
CPT	C	-0.29%
ACI	F	-0.29%
UNM	A	-0.29%
RL	B	-0.28%
UDR	C	-0.28%
ARMK	C	-0.27%
DINO	F	-0.27%
LNT	B	-0.27%
RHI	D	-0.26%
FNF	C	-0.26%
AES	C	-0.26%
G	A	-0.26%
ORI	A	-0.26%
XP	F	-0.26%
OC	C	-0.26%
MTN	D	-0.25%
ES	D	-0.25%
BRX	C	-0.25%
MTG	A	-0.25%
CMA	C	-0.25%
DG	F	-0.25%
CHRW	C	-0.24%
LEA	F	-0.23%
ELS	D	-0.23%
ALSN	A	-0.23%
WBA	F	-0.23%
AFG	A	-0.23%
OSK	F	-0.22%
EWBC	B	-0.22%
NFG	A	-0.21%
MDU	C	-0.21%
BC	C	-0.21%
LECO	D	-0.21%
BEN	F	-0.21%
WHR	C	-0.21%
BERY	C	-0.21%
ALLE	A	-0.21%
THO	C	-0.2%
SON	D	-0.2%
REG	C	-0.19%
OHI	C	-0.19%
WH	C	-0.19%
COLB	C	-0.19%
UGI	C	-0.19%
NXST	D	-0.19%
AM	A	-0.19%
OMF	D	-0.19%
CIVI	F	-0.19%
WBS	D	-0.18%
ESS	D	-0.18%
FR	D	-0.18%
OGN	F	-0.18%
FHN	D	-0.18%
JHG	A	-0.18%
HLI	A	-0.17%
SCI	D	-0.17%
TXRH	A	-0.17%
DCI	B	-0.17%
MKTX	B	-0.17%
POOL	D	-0.17%
HAS	A	-0.17%
HOG	D	-0.17%
NRG	A	-0.17%
EVR	C	-0.17%
WTRG	D	-0.17%
FLS	A	-0.16%
M	D	-0.16%
SNV	D	-0.16%
GAP	F	-0.16%
WYNN	B	-0.16%
PII	D	-0.16%
FLO	D	-0.16%
ALB	D	-0.16%
RYN	C	-0.16%
GNTX	D	-0.16%
OZK	D	-0.16%
HUN	B	-0.15%
FOX	B	-0.15%
WU	D	-0.15%
AGCO	D	-0.15%
TTC	F	-0.15%
AGO	B	-0.15%
EGP	D	-0.14%
NEU	F	-0.14%
FBIN	C	-0.14%
SMG	C	-0.14%
ALLY	F	-0.14%
GPK	D	-0.14%
FAF	C	-0.14%
ZION	D	-0.14%
BYD	B	-0.14%
FMC	C	-0.14%
DOC	C	-0.14%
IDA	D	-0.14%
MSM	D	-0.14%
NSA	D	-0.13%
HIW	C	-0.13%
MAN	D	-0.13%
PRGO	F	-0.13%
BXP	B	-0.13%
SEIC	B	-0.13%
FRT	D	-0.13%
BBWI	F	-0.13%
EPR	C	-0.13%
KRC	C	-0.13%
STAG	D	-0.12%
NWL	D	-0.12%
TNL	B	-0.12%
PB	D	-0.11%
XRAY	D	-0.11%
OLN	D	-0.11%
CC	D	-0.11%
DLB	D	-0.11%
CFR	B	-0.11%
AXS	A	-0.11%
WEN	B	-0.11%
VAC	D	-0.1%
ADC	C	-0.1%
STWD	C	-0.1%
KNX	D	-0.1%
PAG	D	-0.1%
TKR	C	-0.1%
COLM	B	-0.1%
IRDM	C	-0.09%
CRI	D	-0.09%
BPOP	D	-0.09%
CWEN	C	-0.09%
VIRT	B	-0.09%
FNB	D	-0.09%
SLGN	B	-0.08%
TPG	A	-0.08%
JWN	D	-0.08%
KSS	D	-0.08%
PINC	F	-0.08%
AGR	C	-0.07%
LEG	D	-0.07%
PK	D	-0.07%
SEE	C	-0.07%
FHB	D	-0.07%
AAP	F	-0.06%
SPB	C	-0.06%
REYN	D	-0.06%
SLM	B	-0.06%
AMKR	F	-0.06%
SNDR	D	-0.05%
ADTN	C	-0.05%
CUZ	C	-0.05%
CWEN	C	-0.04%
CNA	D	-0.03%
UWMC	D	-0.02%