RAVI vs. USRT ETF Comparison

Comparison of FlexShares Ready Access Variable Income Fund (RAVI) to iShares Core U.S. REIT ETF (USRT)

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

$75.27

Average Daily Volume

57,012

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

USRT

iShares Core U.S. REIT ETF

USRT Description

The iShares Core U.S. REIT ETF seeks to track the investment results of an index composed of U.S. real estate equities.

Grade (RS Rating)

Last Trade

$57.31

Average Daily Volume

187,194

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	RAVI	USRT
30 Days	0.59%	7.48%
60 Days	0.59%	10.42%
90 Days	1.03%	12.89%
12 Months	5.12%	14.09%

0 Overlapping Holdings

	Symbol	Grade	Weight in RAVI	Weight in USRT	Overlap

RAVI Overweight 102 Positions Relative to USRT

Symbol	Grade	Weight
VLO	C	1.51%
ED	A	1.05%
OGS	B	1.05%
OTIS	D	0.95%
PYPL	B	0.95%
KDP	A	0.95%
PXD	B	0.89%
DHR	A	0.86%
LYB	D	0.83%
DTE	A	0.77%
GE	C	0.76%
TSN	A	0.7%
WM	C	0.69%
CI	B	0.67%
CM	B	0.62%
GP	F	0.59%
GILD	A	0.59%
TFC	B	0.59%
AIG	C	0.57%
SJM	A	0.57%
NEE	A	0.57%
BAC	C	0.57%
AZO	A	0.52%
NVDA	D	0.52%
BNS	C	0.52%
D	A	0.51%
BDX	A	0.51%
TD	C	0.51%
RY	B	0.51%
SYK	D	0.49%
CCI	A	0.49%
AON	A	0.46%
UNH	A	0.43%
BMY	A	0.43%
AMZN	D	0.42%
SCHW	D	0.42%
CRM	D	0.4%
VFC	B	0.39%
OGE	A	0.39%
ETR	A	0.38%
AEP	A	0.38%
CVX	D	0.33%
NDAQ	A	0.31%
ARCC	C	0.3%
T	A	0.3%
HSBC	D	0.29%
CFG	B	0.29%
MLM	B	0.28%
DELL	F	0.28%
CMCSA	B	0.28%
DB	D	0.28%
CP	D	0.27%
WFC	D	0.26%
CAT	C	0.26%
CLX	A	0.26%
LEN	B	0.26%
SO	A	0.26%
ATHS	F	0.26%
GS	B	0.26%
AL	D	0.25%
C	C	0.24%
CMS	A	0.24%
FIS	C	0.23%
MCHP	F	0.22%
FITB	B	0.22%
PPL	A	0.22%
FOXA	B	0.21%
NYC	D	0.21%
CNP	D	0.2%
SBUX	D	0.18%
LUV	F	0.18%
MKC	A	0.17%
AEE	A	0.17%
BHF	C	0.17%
CVS	C	0.16%
KEY	C	0.16%
SEB	B	0.16%
UBS	D	0.16%
PSX	D	0.16%
AZN	A	0.15%
NWG	B	0.15%
BA	D	0.15%
ICE	B	0.15%
MUFG	C	0.14%
MET	C	0.13%
DHI	A	0.13%
AMT	A	0.13%
CNH	F	0.13%
ABBV	A	0.13%
HPE	D	0.11%
EFX	A	0.1%
GM	D	0.1%
VZ	B	0.1%
MDLZ	A	0.09%
R	B	0.08%
HRL	A	0.07%
ROP	D	0.07%
DUK	A	0.07%
COF	C	0.06%
MS	C	0.06%
PCAR	F	0.05%
JPM	C	0.03%

RAVI Underweight 130 Positions Relative to USRT

Symbol	Grade	Weight
OPI	C	-1.0%
NXDT	C	-1.0%
PINE	A	-1.0%
BRT	B	-1.0%
ONL	C	-1.0%
CIO	B	-1.0%
BHR	B	-1.0%
PSTL	B	-1.0%
ILPT	B	-1.0%
BFS	B	-1.0%
NLOP	B	-1.0%
OLP	B	-1.0%
CLDT	C	-1.0%
CTO	A	-1.0%
FPI	D	-1.0%
LAND	B	-1.0%
PKST	C	-1.0%
ALX	B	-1.0%
UHT	B	-1.0%
CBL	B	-1.0%
GMRE	B	-1.0%
GOOD	B	-1.0%
INN	A	-1.0%
WSR	B	-1.0%
DHC	B	-1.0%
CHCT	F	-1.0%
HPP	C	-1.0%
AHH	B	-1.0%
BDN	B	-1.0%
SVC	C	-1.0%
PLYM	B	-1.0%
NXRT	A	-1.0%
PGRE	B	-1.0%
CSR	A	-1.0%
PDM	B	-1.0%
AHR	B	-1.0%
UMH	A	-1.0%
SAFE	A	-1.0%
AAT	A	-1.0%
NTST	D	-1.0%
VRE	B	-1.0%
AIV	B	-1.0%
DEA	B	-1.0%
ALEX	A	-1.0%
ESRT	B	-1.0%
RLJ	F	-1.0%
XHR	D	-1.0%
ELME	A	-1.0%
JBGS	B	-1.0%
GTY	B	-1.0%
ROIC	A	-1.0%
LTC	B	-1.0%
PEB	F	-1.0%
DRH	D	-1.0%
GNL	B	-1.0%
IVT	A	-1.0%
AKR	A	-1.0%
SHO	D	-1.0%
DEI	B	-1.0%
OUT	B	-1.0%
UE	A	-1.0%
FCPT	A	-1.0%
SITC	B	-1.0%
SKT	B	-1.0%
LXP	B	-1.0%
PK	D	-1.0%
NSA	B	-1.0%
NHI	B	-1.0%
MPW	C	-1.0%
CDP	A	-1.0%
HIW	A	-1.0%
BNL	B	-1.0%
EPR	B	-1.0%
APLE	C	-1.0%
IIPR	B	-1.0%
MAC	C	-1.0%
CTRE	A	-1.0%
SBRA	B	-1.0%
CUZ	A	-1.0%
PECO	A	-1.0%
KRC	B	-1.0%
IRT	A	-1.0%
SLG	B	-1.0%
VNO	B	-1.0%
KRG	A	-1.0%
EPRT	B	-1.0%
RHP	D	-1.0%
TRNO	B	-1.0%
ADC	A	-1.0%
HR	A	-1.0%
FR	B	-1.0%
STAG	A	-1.0%
BRX	A	-1.0%
NNN	A	-1.0%
COLD	A	-1.0%
EGP	B	-1.0%
OHI	A	-1.0%
FRT	A	-1.0%
LAMR	C	-1.0%
REXR	B	-1.0%
CUBE	A	-1.0%
BXP	B	-1.0%
CPT	A	-1.0%
AMH	A	-1.0%
REG	A	-1.0%
HST	D	-1.0%
ELS	A	-1.0%
GLPI	A	-1.0%
WPC	B	-1.0%
UDR	B	-1.0%
KIM	A	-1.0%
SUI	A	-1.0%
DOC	A	-1.0%
MAA	A	-1.0%
ESS	B	-1.0%
ARE	D	-1.0%
INVH	A	-1.0%
VTR	A	-1.0%
EQR	B	-1.0%
IRM	A	-1.0%
AVB	A	-1.0%
VICI	A	-1.0%
EXR	A	-1.0%
DLR	A	-1.0%
PSA	A	-1.0%
SPG	B	-1.0%
O	A	-1.0%
WELL	A	-1.0%
EQIX	A	-1.0%
PLD	B	-1.0%