RAVI vs. SZNE ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE)

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

$75.45

Average Daily Volume

74,354

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

SZNE

Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF

SZNE Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in its underlying index. The index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500 Equal Weight Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.25

Average Daily Volume

3,417

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	SZNE
30 Days	0.35%	3.45%
60 Days	0.59%	0.45%
90 Days	1.21%	1.32%
12 Months	5.38%	18.21%

22 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in SZNE	Overlap
AMZN	B	0.42%	0.52%	0.42%
AZO	B	0.52%	0.46%	0.46%
BA	F	0.15%	0.28%	0.15%
CAT	B	0.26%	0.33%	0.26%
CRM	B	0.4%	0.44%	0.4%
DELL	C	0.28%	0.4%	0.28%
DHI	D	0.13%	0.4%	0.13%
EFX	D	0.1%	0.25%	0.1%
GE	C	0.76%	0.3%	0.3%
GM	C	0.1%	0.56%	0.1%
HPE	B	0.11%	0.42%	0.11%
LEN	D	0.26%	0.43%	0.26%
LUV	C	0.18%	0.33%	0.18%
LYB	F	0.83%	0.77%	0.77%
MCHP	D	0.22%	0.29%	0.22%
MLM	B	0.28%	0.98%	0.28%
NVDA	C	0.52%	0.42%	0.42%
OTIS	C	0.95%	0.32%	0.32%
PCAR	B	0.05%	0.35%	0.05%
ROP	B	0.07%	0.34%	0.07%
SBUX	B	0.18%	0.47%	0.18%
WM	A	0.69%	0.32%	0.32%

RAVI Overweight 79 Positions Relative to SZNE

Symbol	Grade	Weight
VLO	C	1.51%
ED	C	1.05%
OGS	B	1.05%
PYPL	B	0.95%
KDP	D	0.95%
DHR	D	0.86%
DTE	C	0.77%
TSN	B	0.7%
CI	D	0.67%
CM	B	0.62%
GP	F	0.59%
GILD	B	0.59%
TFC	B	0.59%
AIG	B	0.57%
SJM	C	0.57%
NEE	D	0.57%
BAC	A	0.57%
BNS	A	0.52%
D	C	0.51%
BDX	F	0.51%
TD	F	0.51%
RY	A	0.51%
SYK	B	0.49%
CCI	D	0.49%
AON	A	0.46%
UNH	B	0.43%
BMY	B	0.43%
SCHW	A	0.42%
VFC	B	0.39%
OGE	A	0.39%
ETR	A	0.38%
AEP	C	0.38%
CVX	A	0.33%
NDAQ	A	0.31%
ARCC	A	0.3%
T	A	0.3%
HSBC	B	0.29%
CFG	B	0.29%
CMCSA	C	0.28%
DB	D	0.28%
CP	F	0.27%
WFC	A	0.26%
CLX	C	0.26%
SO	C	0.26%
ATHS	D	0.26%
GS	A	0.26%
AL	B	0.25%
C	B	0.24%
CMS	B	0.24%
FIS	D	0.23%
FITB	B	0.22%
PPL	A	0.22%
FOXA	C	0.21%
NYC	D	0.21%
CNP	A	0.2%
MKC	D	0.17%
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%
ICE	D	0.15%
MUFG	C	0.14%
MET	A	0.13%
AMT	D	0.13%
CNH	B	0.13%
ABBV	D	0.13%
VZ	B	0.1%
MDLZ	F	0.09%
R	A	0.08%
HRL	D	0.07%
DUK	C	0.07%
COF	B	0.06%
MS	C	0.06%
JPM	B	0.03%

RAVI Underweight 201 Positions Relative to SZNE

Symbol	Grade	Weight
STLD	B	-1.11%
ALB	C	-1.09%
SW	B	-1.08%
IP	B	-1.05%
VMC	B	-1.02%
PKG	A	-1.01%
APD	A	-1.0%
CF	B	-0.99%
NUE	D	-0.9%
CTVA	A	-0.9%
FCX	F	-0.89%
DD	D	-0.87%
SHW	A	-0.86%
EMN	D	-0.85%
MOS	F	-0.84%
PPG	D	-0.83%
ECL	D	-0.83%
LIN	D	-0.83%
AMCR	D	-0.82%
BALL	D	-0.79%
AVY	D	-0.78%
FMC	D	-0.78%
DOW	F	-0.76%
IFF	D	-0.74%
TSLA	B	-0.7%
CCL	B	-0.69%
NEM	F	-0.69%
RCL	A	-0.67%
NCLH	B	-0.64%
EXPE	B	-0.63%
TPR	A	-0.61%
PLTR	B	-0.6%
BKNG	A	-0.6%
LVS	C	-0.59%
GRMN	B	-0.57%
UAL	B	-0.57%
MAR	A	-0.57%
ABNB	C	-0.55%
HLT	A	-0.55%
LULU	C	-0.55%
WYNN	D	-0.55%
DECK	B	-0.54%
RL	B	-0.54%
DPZ	B	-0.51%
CE	F	-0.51%
CMG	B	-0.5%
ORLY	A	-0.5%
HD	B	-0.5%
POOL	C	-0.49%
MGM	F	-0.49%
BWA	D	-0.49%
LOW	C	-0.49%
F	C	-0.48%
DRI	B	-0.48%
AXON	A	-0.48%
MCD	D	-0.47%
YUM	B	-0.47%
TJX	A	-0.47%
EBAY	C	-0.46%
CZR	D	-0.46%
CRWD	B	-0.46%
GEV	B	-0.46%
KMX	B	-0.46%
NVR	D	-0.45%
TSCO	D	-0.45%
NKE	F	-0.44%
FICO	A	-0.43%
DAL	B	-0.43%
TRMB	B	-0.43%
HAS	D	-0.43%
ROST	C	-0.43%
GDDY	A	-0.43%
LKQ	D	-0.43%
ULTA	F	-0.43%
PHM	D	-0.43%
GPC	D	-0.42%
INTC	D	-0.42%
BBY	D	-0.42%
FTNT	B	-0.42%
JBL	C	-0.41%
MHK	D	-0.41%
CSCO	A	-0.4%
ADSK	B	-0.4%
FFIV	A	-0.4%
EPAM	C	-0.4%
NOW	A	-0.4%
ORCL	B	-0.4%
DAY	B	-0.39%
SNA	A	-0.39%
MSI	B	-0.39%
GNRC	B	-0.39%
PANW	B	-0.39%
CDNS	B	-0.39%
PAYC	A	-0.39%
ZBRA	A	-0.39%
HPQ	B	-0.38%
TDY	B	-0.38%
KEYS	B	-0.38%
SNPS	B	-0.38%
GEN	A	-0.38%
GLW	B	-0.38%
EMR	A	-0.38%
APH	B	-0.38%
MU	D	-0.37%
ANET	C	-0.37%
PWR	A	-0.37%
ANSS	B	-0.37%
HWM	B	-0.37%
PTC	A	-0.37%
ACN	B	-0.36%
ETN	A	-0.36%
GWW	A	-0.36%
CMI	A	-0.36%
NTAP	B	-0.36%
APTV	F	-0.36%
PH	A	-0.36%
IBM	C	-0.35%
WAB	A	-0.35%
IT	C	-0.35%
AME	A	-0.35%
TYL	A	-0.35%
FAST	A	-0.35%
AAPL	A	-0.35%
URI	B	-0.34%
WDC	C	-0.34%
TT	A	-0.34%
HON	B	-0.34%
ODFL	B	-0.34%
HUBB	B	-0.34%
IEX	B	-0.34%
VRSN	C	-0.34%
J	D	-0.34%
TXN	D	-0.34%
INTU	C	-0.34%
IR	A	-0.34%
PNR	A	-0.34%
JCI	C	-0.34%
CTSH	A	-0.34%
MSFT	C	-0.33%
CHRW	C	-0.33%
NXPI	D	-0.33%
STX	D	-0.33%
CPRT	A	-0.33%
AVGO	D	-0.33%
QCOM	F	-0.32%
VRSK	A	-0.32%
JNPR	F	-0.32%
NSC	A	-0.32%
PAYX	B	-0.32%
ITW	A	-0.32%
ROK	B	-0.32%
CTAS	A	-0.32%
ON	D	-0.32%
ADI	D	-0.32%
ADBE	C	-0.32%
LHX	C	-0.32%
BR	A	-0.32%
ADP	A	-0.32%
JBHT	B	-0.32%
DOV	A	-0.32%
AKAM	D	-0.31%
DE	B	-0.31%
AMAT	F	-0.31%
AMD	F	-0.31%
FTV	B	-0.31%
RSG	A	-0.31%
LRCX	D	-0.31%
CSX	B	-0.31%
UPS	C	-0.31%
LDOS	D	-0.31%
ROL	A	-0.3%
ALLE	D	-0.3%
EXPD	D	-0.3%
NDSN	B	-0.3%
RTX	D	-0.3%
FDX	B	-0.3%
BLDR	D	-0.29%
UNP	C	-0.29%
TDG	D	-0.29%
NOC	D	-0.29%
KLAC	D	-0.29%
VLTO	D	-0.29%
MAS	D	-0.29%
UBER	D	-0.29%
MMM	C	-0.29%
CARR	D	-0.29%
FSLR	F	-0.28%
SWKS	D	-0.28%
GD	F	-0.28%
LMT	D	-0.28%
TXT	D	-0.28%
XYL	D	-0.28%
TER	D	-0.27%
AOS	F	-0.27%
CDW	F	-0.27%
SWK	D	-0.25%
HII	D	-0.22%
QRVO	F	-0.21%
MPWR	F	-0.21%
ENPH	F	-0.2%
SMCI	F	-0.19%