RAVI vs. RBLD ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD)

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

$75.42

Average Daily Volume

75,158

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

RBLD

First Trust Alerian U.S. NextGen Infrastructure ETF

RBLD Description

Traded Fund II - First Trust Alerian U.S. NextGen Infrastructure ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across industrials, capital goods, construction and engineering, construction and engineering, commercial construction and engineering, commercial construction, general contractors and operative builders, industrial buildings and warehouses, commercial and institutional buildings, hotel and motel construction, heavy construction, construction support services, engineering and surveying services, engineering services, machinery, construction machinery and heavy trucks, trading companies and distributors, machinery distribution, construction machinery distribution, machinery rental and leasing, construction machinery rental and leasing, commercial and professional services, commercial services and supplies, diversified support services, government related services, civil services, consumer discretionary, consumer durables and apparel, household durables, homebuilding, residential construction, general contractors and operative builders, information technology, software and services, software, application software, enterprise software, industry specific software, construction industry software sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Alerian U.S. NextGen Infrastructure Index, by using full replication technique. First Trust Alerian U.S. NextGen Infrastructure ETF was formed on October 13, 2008 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$70.58

Average Daily Volume

534

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	RBLD
30 Days	0.36%	2.04%
60 Days	0.67%	5.93%
90 Days	1.28%	11.07%
12 Months	5.46%	34.43%

18 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in RBLD	Overlap
AEE	A	0.17%	1.01%	0.17%
AEP	C	0.38%	0.93%	0.38%
AMT	D	0.13%	0.87%	0.13%
CAT	C	0.26%	0.95%	0.26%
CCI	C	0.49%	0.91%	0.49%
CMS	C	0.24%	0.94%	0.24%
CNP	A	0.2%	0.99%	0.2%
D	C	0.51%	0.98%	0.51%
DTE	C	0.77%	0.94%	0.77%
DUK	C	0.07%	0.95%	0.07%
ED	C	1.05%	0.91%	0.91%
ETR	A	0.38%	1.1%	0.38%
MLM	B	0.28%	1.06%	0.28%
NEE	C	0.57%	0.9%	0.57%
OTIS	C	0.95%	0.94%	0.94%
PCAR	C	0.05%	1.08%	0.05%
PPL	A	0.22%	1.02%	0.22%
SO	C	0.26%	0.95%	0.26%

RAVI Overweight 83 Positions Relative to RBLD

Symbol	Grade	Weight
VLO	C	1.51%
OGS	A	1.05%
PYPL	B	0.95%
KDP	D	0.95%
DHR	D	0.86%
LYB	F	0.83%
GE	D	0.76%
TSN	B	0.7%
WM	B	0.69%
CI	D	0.67%
CM	A	0.62%
GP	F	0.59%
GILD	C	0.59%
TFC	A	0.59%
AIG	C	0.57%
SJM	D	0.57%
BAC	A	0.57%
AZO	C	0.52%
NVDA	A	0.52%
BNS	A	0.52%
BDX	F	0.51%
TD	D	0.51%
RY	B	0.51%
SYK	A	0.49%
AON	B	0.46%
UNH	C	0.43%
BMY	A	0.43%
AMZN	B	0.42%
SCHW	A	0.42%
CRM	B	0.4%
VFC	C	0.39%
OGE	A	0.39%
CVX	A	0.33%
NDAQ	A	0.31%
ARCC	A	0.3%
T	A	0.3%
HSBC	A	0.29%
CFG	B	0.29%
DELL	B	0.28%
CMCSA	B	0.28%
DB	D	0.28%
CP	F	0.27%
WFC	A	0.26%
CLX	A	0.26%
LEN	D	0.26%
ATHS	C	0.26%
GS	B	0.26%
AL	B	0.25%
C	B	0.24%
FIS	C	0.23%
MCHP	F	0.22%
FITB	B	0.22%
FOXA	B	0.21%
NYC	C	0.21%
SBUX	A	0.18%
LUV	B	0.18%
MKC	D	0.17%
BHF	C	0.17%
CVS	F	0.16%
KEY	B	0.16%
SEB	F	0.16%
UBS	B	0.16%
PSX	C	0.16%
AZN	F	0.15%
NWG	B	0.15%
BA	D	0.15%
ICE	C	0.15%
MUFG	A	0.14%
MET	A	0.13%
DHI	D	0.13%
CNH	C	0.13%
ABBV	F	0.13%
HPE	B	0.11%
EFX	F	0.1%
GM	B	0.1%
VZ	C	0.1%
MDLZ	F	0.09%
R	B	0.08%
HRL	D	0.07%
ROP	C	0.07%
COF	B	0.06%
MS	A	0.06%
JPM	A	0.03%

RAVI Underweight 82 Positions Relative to RBLD

Symbol	Grade	Weight
SNA	B	-1.21%
GEV	A	-1.2%
TRGP	A	-1.14%
EMR	A	-1.13%
VMC	B	-1.12%
GDDY	A	-1.11%
AME	A	-1.11%
BKR	B	-1.11%
OKE	A	-1.1%
DLR	A	-1.09%
WMB	A	-1.09%
VRT	A	-1.09%
EME	A	-1.09%
KMI	A	-1.09%
SRE	A	-1.08%
VST	A	-1.08%
LNG	A	-1.07%
PNR	B	-1.07%
IEX	B	-1.07%
PH	B	-1.07%
JCI	B	-1.07%
XEL	A	-1.07%
OC	A	-1.07%
CMI	A	-1.06%
HON	B	-1.05%
FIX	A	-1.05%
RS	B	-1.05%
DOV	B	-1.05%
WAB	B	-1.04%
ROK	B	-1.04%
ETN	B	-1.04%
STLD	B	-1.04%
PCG	A	-1.04%
NSC	B	-1.04%
EVRG	A	-1.03%
NI	A	-1.03%
GGG	B	-1.02%
ITW	B	-1.02%
PWR	A	-1.02%
LII	A	-1.01%
TT	A	-1.01%
SNOW	C	-1.01%
IR	B	-1.01%
ATO	A	-1.01%
NRG	B	-1.01%
EQIX	A	-1.0%
ACM	B	-1.0%
CSX	C	-1.0%
ITT	A	-0.99%
WEC	A	-0.99%
LNT	A	-0.98%
NDSN	D	-0.98%
MDB	C	-0.97%
UNP	D	-0.96%
VRSN	F	-0.96%
OKTA	D	-0.96%
EIX	C	-0.96%
HUBB	B	-0.96%
MMM	D	-0.96%
NET	B	-0.96%
ALLE	D	-0.95%
FTV	D	-0.95%
CSL	C	-0.95%
HAL	C	-0.95%
PEG	C	-0.95%
AWK	C	-0.94%
NUE	D	-0.94%
EXC	C	-0.94%
SLB	C	-0.94%
ES	C	-0.93%
FE	C	-0.93%
BLDR	D	-0.92%
MAS	D	-0.92%
SBAC	D	-0.91%
CARR	D	-0.9%
XYL	D	-0.88%
FCX	F	-0.85%
WMS	F	-0.84%
AKAM	F	-0.83%
CEG	C	-0.83%
SWK	F	-0.78%
AES	F	-0.78%