RAVI vs. ULVM ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

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

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of large- and mid-capitalization U.S. issuers within the MSCI USA Index (the parent index) that have higher exposure to value and momentum factors, while also maintaining moderate index turnover and lower realized volatility than traditional capitalization-weighted indexes.

Grade (RS Rating)

Last Trade

$87.13

Average Daily Volume

2,596

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	ULVM
30 Days	0.35%	7.75%
60 Days	0.59%	8.41%
90 Days	1.21%	11.07%
12 Months	5.38%	37.73%

30 Overlapping Holdings

Symbol	Grade	Weight in RAVI	Weight in ULVM	Overlap
AIG	B	0.57%	0.91%	0.57%
BAC	A	0.57%	0.92%	0.57%
C	B	0.24%	0.82%	0.24%
CFG	B	0.29%	0.66%	0.29%
CI	D	0.67%	0.87%	0.67%
COF	B	0.06%	0.92%	0.06%
CVS	D	0.16%	0.58%	0.16%
DELL	C	0.28%	0.34%	0.28%
DHI	D	0.13%	0.47%	0.13%
DUK	C	0.07%	1.18%	0.07%
ETR	A	0.38%	1.27%	0.38%
FITB	B	0.22%	0.76%	0.22%
FOXA	C	0.21%	0.99%	0.21%
GE	C	0.76%	0.66%	0.66%
GM	C	0.1%	0.72%	0.1%
GS	A	0.26%	0.96%	0.26%
HPE	B	0.11%	0.58%	0.11%
JPM	B	0.03%	1.03%	0.03%
KEY	B	0.16%	0.62%	0.16%
LEN	D	0.26%	0.54%	0.26%
LYB	F	0.83%	0.85%	0.83%
MLM	B	0.28%	0.89%	0.28%
NVDA	C	0.52%	0.42%	0.42%
PSX	C	0.16%	0.71%	0.16%
T	A	0.3%	1.09%	0.3%
TFC	B	0.59%	0.74%	0.59%
TSN	B	0.7%	0.88%	0.7%
VLO	C	1.51%	0.62%	0.62%
VZ	B	0.1%	0.9%	0.1%
WFC	A	0.26%	0.94%	0.26%

RAVI Overweight 71 Positions Relative to ULVM

Symbol	Grade	Weight
ED	C	1.05%
OGS	B	1.05%
OTIS	C	0.95%
PYPL	B	0.95%
KDP	D	0.95%
DHR	D	0.86%
DTE	C	0.77%
WM	A	0.69%
CM	B	0.62%
GP	F	0.59%
GILD	B	0.59%
SJM	C	0.57%
NEE	D	0.57%
AZO	B	0.52%
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%
AMZN	B	0.42%
SCHW	A	0.42%
CRM	B	0.4%
VFC	B	0.39%
OGE	A	0.39%
AEP	C	0.38%
CVX	A	0.33%
NDAQ	A	0.31%
ARCC	A	0.3%
HSBC	B	0.29%
CMCSA	C	0.28%
DB	D	0.28%
CP	F	0.27%
CAT	B	0.26%
CLX	C	0.26%
SO	C	0.26%
ATHS	D	0.26%
AL	B	0.25%
CMS	B	0.24%
FIS	D	0.23%
MCHP	D	0.22%
PPL	A	0.22%
NYC	D	0.21%
CNP	A	0.2%
SBUX	B	0.18%
LUV	C	0.18%
MKC	D	0.17%
AEE	A	0.17%
BHF	B	0.17%
SEB	F	0.16%
UBS	C	0.16%
AZN	D	0.15%
NWG	C	0.15%
BA	F	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%
EFX	D	0.1%
MDLZ	F	0.09%
R	A	0.08%
HRL	D	0.07%
ROP	B	0.07%
MS	C	0.06%
PCAR	B	0.05%

RAVI Underweight 95 Positions Relative to ULVM

Symbol	Grade	Weight
KMI	B	-1.47%
FI	A	-1.39%
BRK.A	B	-1.38%
L	A	-1.3%
TRGP	B	-1.28%
WELL	A	-1.22%
PEG	A	-1.22%
BK	A	-1.22%
WMT	A	-1.2%
BSX	B	-1.2%
LMT	D	-1.19%
PKG	A	-1.16%
GD	F	-1.11%
APP	B	-1.08%
LDOS	D	-1.07%
WAB	A	-1.03%
RTX	D	-1.02%
SSNC	A	-1.01%
GDDY	A	-1.0%
HIG	A	-1.0%
AVB	A	-0.98%
MCK	B	-0.96%
KR	A	-0.96%
COST	A	-0.95%
DGX	B	-0.94%
CTSH	A	-0.93%
UAL	B	-0.91%
NWSA	B	-0.9%
EQH	B	-0.9%
VICI	C	-0.9%
AXP	A	-0.9%
DAL	B	-0.89%
ESS	B	-0.87%
EXC	C	-0.86%
IBM	C	-0.86%
SPG	A	-0.86%
KIM	A	-0.85%
RGA	A	-0.85%
MSTR	C	-0.84%
GRMN	B	-0.82%
SYF	A	-0.82%
WY	D	-0.82%
IR	A	-0.81%
STLD	B	-0.81%
EME	B	-0.81%
APH	B	-0.8%
KHC	D	-0.8%
DOW	F	-0.8%
IRM	C	-0.78%
CBRE	A	-0.76%
NVR	D	-0.75%
IP	B	-0.75%
TXT	D	-0.74%
GOOGL	C	-0.74%
VTRS	B	-0.73%
CSL	B	-0.73%
FCNCA	B	-0.72%
CASY	B	-0.72%
KKR	A	-0.72%
OC	B	-0.71%
ELV	F	-0.69%
FANG	F	-0.69%
REGN	F	-0.68%
DD	D	-0.67%
CRBG	B	-0.67%
VST	B	-0.67%
HCA	F	-0.67%
HWM	B	-0.66%
PFE	D	-0.65%
UTHR	B	-0.64%
HPQ	B	-0.6%
FDX	B	-0.59%
NTAP	B	-0.59%
PHM	D	-0.58%
MPC	D	-0.58%
VRT	B	-0.56%
URI	B	-0.55%
ARE	D	-0.55%
CNC	F	-0.54%
TOL	B	-0.53%
THC	D	-0.52%
WSM	B	-0.52%
META	D	-0.51%
LLY	D	-0.49%
ALLY	B	-0.48%
F	C	-0.46%
WDC	C	-0.46%
ADM	D	-0.44%
AVGO	D	-0.41%
MU	D	-0.4%
BLDR	D	-0.4%
INTC	D	-0.39%
CVNA	B	-0.38%
SWKS	D	-0.38%
MRNA	F	-0.14%