SKF vs. LKOR ETF Comparison

Comparison of ProShares UltraShort Financials (SKF) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)

SKF

ProShares UltraShort Financials

SKF Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.40

Average Daily Volume

12,877

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LKOR

FlexShares Credit-Scored US Long Corporate Bond Index Fund

LKOR Description

Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund is an exchange traded fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in fixed income markets of the United States. It invests in US-dollar denominated investment grade bonds of companies rated BBB or higher by S&P or Fitch or Baa3 or higher by Moody's and with maturities greater than or equal to ten years. The fund seeks to track the performance of the Northern Trust Credit-Scored US Long Corporate Bond Index, by employing representative sampling methodology. Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund was formed on September 23, 2015 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$43.00

Average Daily Volume

6,834

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	SKF	LKOR
30 Days	-14.46%	-0.56%
60 Days	-19.83%	-5.06%
90 Days	-23.27%	-3.66%
12 Months	-49.37%	9.17%

34 Overlapping Holdings

Symbol	Grade	Weight in SKF	Weight in LKOR	Overlap
ACGL	D	0.31%	0.55%	0.31%
AFL	B	0.66%	0.12%	0.12%
AIG	B	0.77%	0.23%	0.23%
ALL	A	0.64%	0.04%	0.04%
AMT	D	1.74%	0.27%	0.27%
AON	A	0.83%	0.13%	0.13%
ARE	D	0.32%	0.18%	0.18%
BAC	A	4.46%	0.23%	0.23%
C	A	2.98%	0.21%	0.21%
CCI	D	1.02%	0.19%	0.19%
EG	C	0.19%	0.2%	0.19%
FITB	A	0.35%	0.39%	0.35%
GS	A	1.34%	0.21%	0.21%
HIG	B	0.37%	0.2%	0.2%
JPM	A	7.27%	0.09%	0.09%
MA	C	4.83%	0.22%	0.22%
MCO	B	0.7%	0.12%	0.12%
MET	A	0.69%	0.14%	0.14%
MKL	A	0.28%	0.24%	0.24%
MMC	B	0.97%	0.24%	0.24%
MS	A	1.19%	0.14%	0.14%
NDAQ	A	0.21%	0.19%	0.19%
PGR	A	0.75%	0.23%	0.23%
PRU	A	0.66%	0.11%	0.11%
REG	B	0.18%	0.11%	0.11%
RF	A	0.27%	0.28%	0.27%
RJF	A	0.2%	0.11%	0.11%
SPGI	C	1.22%	0.16%	0.16%
V	A	5.88%	0.4%	0.4%
VTR	C	0.37%	0.12%	0.12%
WELL	A	0.59%	0.12%	0.12%
WFC	A	3.19%	0.25%	0.25%
WRB	A	0.17%	0.23%	0.17%
WTW	B	0.44%	0.1%	0.1%

SKF Overweight 63 Positions Relative to LKOR

Symbol	Grade	Weight
BRK.A	B	7.56%
AXP	A	1.49%
USB	A	1.32%
TFC	A	1.27%
CME	A	1.25%
CB	C	1.17%
PNC	B	1.13%
BLK	C	1.06%
PLD	D	1.0%
SCHW	B	0.93%
ICE	C	0.91%
EQIX	A	0.84%
COF	B	0.81%
SPG	B	0.76%
BX	A	0.67%
BK	A	0.65%
TRV	B	0.61%
PSA	D	0.56%
TROW	B	0.52%
AVB	B	0.51%
STT	A	0.5%
SBAC	D	0.48%
EQR	B	0.48%
DLR	B	0.44%
DFS	B	0.44%
O	D	0.42%
MSCI	C	0.4%
CSGP	D	0.4%
WY	D	0.39%
NTRS	A	0.39%
AMP	A	0.37%
SYF	B	0.36%
MTB	A	0.36%
BXP	D	0.34%
CBRE	B	0.34%
ESS	B	0.34%
KEY	B	0.32%
CFG	B	0.3%
DOC	D	0.3%
AJG	B	0.3%
INVH	D	0.28%
CINF	A	0.27%
HBAN	A	0.26%
MAA	B	0.26%
PFG	D	0.25%
MKTX	D	0.24%
WPC	D	0.24%
SUI	D	0.24%
EXR	D	0.24%
L	A	0.23%
NLY	C	0.23%
UDR	B	0.23%
HST	C	0.22%
ELS	C	0.22%
FNF	B	0.22%
LNC	B	0.2%
MPW	F	0.19%
ALLY	C	0.19%
EQH	B	0.19%
GL	B	0.18%
FDS	B	0.18%
VNO	B	0.18%
CPT	B	0.18%

SKF Underweight 129 Positions Relative to LKOR

Symbol	Grade	Weight
PM	B	-0.7%
SCCO	F	-0.64%
DUK	C	-0.5%
HSBC	B	-0.48%
LNT	A	-0.4%
KOF	F	-0.37%
INTC	D	-0.37%
BA	F	-0.37%
HPE	B	-0.37%
NI	A	-0.37%
CVS	D	-0.36%
GILD	C	-0.35%
ABBV	D	-0.33%
DOW	F	-0.32%
CAH	B	-0.31%
CP	D	-0.29%
NNN	D	-0.29%
ED	D	-0.29%
AEP	D	-0.28%
TEL	B	-0.28%
KMB	D	-0.26%
JEF	A	-0.26%
MMM	D	-0.26%
NOC	D	-0.26%
CHTR	C	-0.26%
HON	B	-0.25%
LOW	D	-0.25%
ORCL	B	-0.25%
CAG	D	-0.24%
AEE	A	-0.24%
NEM	D	-0.24%
WEC	A	-0.24%
CMS	C	-0.24%
GWW	B	-0.24%
BHP	F	-0.24%
CMCSA	B	-0.24%
HCA	F	-0.24%
DOV	A	-0.24%
KDP	D	-0.24%
HPQ	B	-0.24%
OKE	A	-0.24%
LMT	D	-0.24%
FOXA	B	-0.24%
LH	C	-0.23%
LYB	F	-0.23%
IBM	C	-0.23%
MCK	B	-0.23%
TXN	C	-0.23%
ATO	A	-0.23%
BDX	F	-0.23%
SBUX	A	-0.23%
AMGN	D	-0.23%
CSCO	B	-0.23%
D	C	-0.23%
EXC	C	-0.22%
MRO	B	-0.22%
VMI	B	-0.22%
EL	F	-0.21%
NVDA	C	-0.21%
SRE	A	-0.21%
SHW	A	-0.21%
EIX	B	-0.21%
KLAC	D	-0.2%
AVGO	D	-0.2%
PAA	B	-0.2%
MO	A	-0.2%
STZ	D	-0.19%
ZTS	D	-0.19%
KO	D	-0.19%
KMI	A	-0.19%
HD	A	-0.19%
LEA	D	-0.18%
EBAY	D	-0.18%
CPB	D	-0.18%
AIZ	A	-0.18%
AMZN	C	-0.18%
EPD	A	-0.18%
VZ	C	-0.18%
REGN	F	-0.17%
AAPL	C	-0.17%
UNP	C	-0.16%
UNH	C	-0.16%
HAL	C	-0.14%
JCI	C	-0.13%
APTV	D	-0.13%
EFX	F	-0.13%
HAS	D	-0.13%
GM	B	-0.13%
XOM	B	-0.12%
TT	A	-0.12%
IFF	D	-0.12%
GOOGL	C	-0.12%
EMR	A	-0.12%
IPG	D	-0.12%
NSC	B	-0.12%
JNJ	D	-0.12%
CSX	B	-0.12%
MCD	D	-0.12%
BWA	D	-0.11%
MLM	B	-0.11%
CHD	B	-0.11%
DG	F	-0.11%
OC	A	-0.11%
MAS	D	-0.11%
FMC	D	-0.11%
SO	D	-0.11%
BABA	D	-0.11%
OTIS	C	-0.1%
VRSK	A	-0.1%
KIM	A	-0.1%
SJM	D	-0.1%
DHR	F	-0.1%
WBA	F	-0.1%
ELV	F	-0.1%
RPM	A	-0.1%
BHF	B	-0.1%
GLW	B	-0.1%
MSFT	F	-0.1%
MDLZ	F	-0.09%
EA	A	-0.09%
BIIB	F	-0.09%
RPRX	D	-0.09%
PCG	A	-0.09%
T	A	-0.09%
HUM	C	-0.07%
ITW	B	-0.06%
SIGI	C	-0.06%
LHX	C	-0.05%
FTV	C	-0.05%