SKOR vs. FTHI ETF Comparison

Comparison of FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to First Trust High Income ETF (FTHI)

SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund

SKOR Description

The investment seeks the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Corporate Bond IndexSM. The fund generally will invest at least 80% of its total assets in the securities of its underlying index. The index reflects the performance of a portfolio of US-dollar denominated bonds of companies that are considered by the index Provider to have higher credit quality, lower risk of default and the potential for higher yield, price appreciation and liquidity relative to the universe of securities comprising the Northern Trust US Investment-Grade Corporate Bond IndexSM. The fund is non-diversified

Grade (RS Rating)

Last Trade

$48.22

Average Daily Volume

46,093

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.72

Average Daily Volume

244,323

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	SKOR	FTHI
30 Days	-0.31%	2.96%
60 Days	-1.61%	3.94%
90 Days	-0.51%	5.68%
12 Months	7.12%	18.62%

70 Overlapping Holdings

Symbol	Grade	Weight in SKOR	Weight in FTHI	Overlap
AAPL	C	0.09%	5.63%	0.09%
ABBV	D	0.08%	0.62%	0.08%
ADBE	C	0.09%	0.44%	0.09%
ADP	B	0.07%	0.33%	0.07%
AMGN	D	0.11%	0.31%	0.11%
AMH	D	0.08%	0.22%	0.08%
AMT	D	0.13%	0.29%	0.13%
AMZN	C	0.11%	3.92%	0.11%
AVGO	D	0.04%	1.65%	0.04%
BAC	A	0.0%	0.56%	0.0%
BDX	F	0.08%	0.07%	0.07%
BKU	A	0.1%	0.3%	0.1%
BLK	C	0.08%	0.24%	0.08%
BMY	B	0.1%	0.48%	0.1%
CCI	D	0.18%	0.53%	0.18%
CL	D	0.09%	0.05%	0.05%
CME	A	0.12%	0.37%	0.12%
COST	B	0.1%	0.83%	0.1%
D	C	0.08%	0.08%	0.08%
DHR	F	0.09%	0.31%	0.09%
DUK	C	0.08%	0.31%	0.08%
ELV	F	0.18%	0.03%	0.03%
EQIX	A	0.0%	0.21%	0.0%
FLO	D	0.09%	0.2%	0.09%
FNF	B	0.03%	0.35%	0.03%
GILD	C	0.13%	0.47%	0.13%
GIS	D	0.08%	0.03%	0.03%
GOOGL	C	0.03%	2.17%	0.03%
GS	A	0.1%	0.33%	0.1%
HD	A	0.0%	0.88%	0.0%
HON	B	0.04%	0.31%	0.04%
IBM	C	0.09%	0.36%	0.09%
INTU	C	0.1%	0.43%	0.1%
ITW	B	0.07%	0.41%	0.07%
JPM	A	0.01%	1.41%	0.01%
KO	D	0.08%	0.46%	0.08%
KRC	C	0.04%	0.31%	0.04%
LMT	D	0.23%	0.26%	0.23%
LOW	D	0.04%	0.31%	0.04%
MA	C	0.04%	0.88%	0.04%
MDLZ	F	0.07%	0.03%	0.03%
MMC	B	0.01%	0.42%	0.01%
MO	A	0.1%	0.9%	0.1%
MSFT	F	0.04%	6.53%	0.04%
MSI	B	0.04%	0.17%	0.04%
NEE	D	0.04%	0.24%	0.04%
O	D	0.12%	0.24%	0.12%
ORCL	B	0.11%	0.53%	0.11%
PEP	F	0.24%	0.45%	0.24%
PG	A	0.06%	0.79%	0.06%
PM	B	0.17%	0.37%	0.17%
PSA	D	0.08%	0.3%	0.08%
QCOM	F	0.08%	0.32%	0.08%
SBRA	C	0.07%	0.3%	0.07%
SO	D	0.1%	0.2%	0.1%
SPG	B	0.22%	0.05%	0.05%
SPGI	C	0.08%	0.33%	0.08%
SYK	C	0.03%	0.05%	0.03%
T	A	0.12%	0.35%	0.12%
TMO	F	0.19%	0.38%	0.19%
TMUS	B	0.14%	0.3%	0.14%
TXN	C	0.07%	0.36%	0.07%
UNH	C	0.02%	1.08%	0.02%
UNP	C	0.11%	0.29%	0.11%
V	A	0.1%	1.01%	0.1%
VZ	C	0.03%	0.35%	0.03%
WEC	A	0.17%	0.15%	0.15%
WFC	A	0.07%	0.49%	0.07%
WMT	A	0.02%	0.69%	0.02%
XEL	A	0.14%	0.19%	0.14%

SKOR Overweight 235 Positions Relative to FTHI

Symbol	Grade	Weight
LEN	D	0.32%
KMI	A	0.28%
FOXA	B	0.25%
AEE	A	0.25%
NXPI	D	0.21%
CHTR	C	0.2%
GM	B	0.2%
PHM	D	0.2%
VRSN	F	0.19%
NI	A	0.19%
MAS	D	0.19%
TPR	B	0.19%
PAA	B	0.19%
APD	A	0.19%
NOC	D	0.19%
CHD	B	0.18%
JNJ	D	0.18%
TD	F	0.17%
DOW	F	0.17%
GPN	B	0.17%
ATO	A	0.17%
DG	F	0.16%
LII	A	0.16%
CVS	D	0.16%
ARW	D	0.15%
ALL	A	0.15%
ADI	D	0.15%
RPRX	D	0.14%
CMCSA	B	0.14%
TDY	B	0.14%
CI	F	0.14%
ALLY	C	0.14%
OKE	A	0.14%
GD	F	0.14%
WU	D	0.13%
BWA	D	0.13%
WM	A	0.13%
JBHT	C	0.12%
BRX	A	0.12%
AMCR	D	0.12%
INTC	D	0.12%
HUM	C	0.12%
APH	A	0.11%
CM	A	0.11%
SWK	D	0.11%
BHP	F	0.11%
ED	D	0.11%
K	A	0.11%
MKL	A	0.11%
NVT	B	0.11%
ATHS	C	0.11%
ARCC	A	0.11%
BMO	A	0.11%
DFS	B	0.11%
LH	C	0.11%
VRSK	A	0.1%
DLR	B	0.1%
BIDU	F	0.1%
WY	D	0.1%
CNP	B	0.1%
LNT	A	0.1%
TRMB	B	0.1%
CB	C	0.1%
LHX	C	0.1%
VNT	B	0.09%
THG	A	0.09%
SBUX	A	0.09%
MET	A	0.09%
CARR	D	0.09%
FHN	A	0.09%
DIS	B	0.09%
DTE	C	0.09%
BXP	D	0.09%
CMA	A	0.09%
AGR	B	0.09%
HST	C	0.09%
MCK	B	0.09%
LAZ	B	0.09%
MLM	B	0.09%
BNS	A	0.09%
AON	A	0.09%
FITB	A	0.09%
KMB	D	0.08%
BR	A	0.08%
AFG	A	0.08%
ADSK	A	0.08%
AWH	F	0.08%
BG	F	0.08%
FAF	A	0.08%
LEA	D	0.08%
HBAN	A	0.08%
EBAY	D	0.08%
CSL	C	0.08%
CMS	C	0.08%
KLAC	D	0.08%
HP	B	0.08%
ORI	A	0.08%
H	B	0.08%
UPS	C	0.08%
CBOE	B	0.08%
DSS	F	0.08%
VLO	C	0.08%
EW	C	0.08%
DINO	D	0.08%
KEYS	A	0.08%
KDP	D	0.08%
NDAQ	A	0.08%
WHR	B	0.08%
ROP	B	0.08%
BRO	B	0.08%
WELL	A	0.08%
TT	A	0.08%
NFG	A	0.08%
ORLY	B	0.08%
JEF	A	0.08%
KEY	B	0.08%
MMM	D	0.08%
MU	D	0.08%
GLPI	C	0.08%
SYF	B	0.08%
C	A	0.08%
EMR	A	0.07%
AVT	C	0.07%
KMPR	B	0.07%
PLD	D	0.07%
NTAP	C	0.07%
DHI	D	0.07%
PCG	A	0.07%
PPG	F	0.07%
DGX	A	0.07%
CPT	B	0.07%
WB	D	0.07%
ALLE	D	0.07%
BAX	D	0.07%
CE	F	0.07%
DOV	A	0.07%
A	D	0.07%
BKH	A	0.07%
ESS	B	0.07%
GSBD	F	0.07%
PKG	A	0.07%
FMC	D	0.07%
NSC	B	0.07%
TEL	B	0.07%
MKC	D	0.07%
USB	A	0.07%
AWK	D	0.07%
AMP	A	0.07%
CUBE	D	0.07%
HUBB	B	0.07%
OTIS	C	0.07%
CFG	B	0.07%
MCO	B	0.07%
STT	A	0.07%
SRE	A	0.07%
PEG	A	0.07%
HPQ	B	0.07%
AXP	A	0.07%
EPD	A	0.07%
BABA	D	0.07%
HSBC	B	0.07%
ROK	B	0.06%
SKT	B	0.06%
REG	B	0.06%
CPB	D	0.06%
WAB	B	0.06%
SCS	C	0.06%
GL	B	0.06%
BA	F	0.06%
ECL	D	0.06%
WPC	D	0.06%
AL	B	0.06%
WTW	B	0.06%
TFC	A	0.06%
NNN	D	0.06%
SITC	D	0.05%
DT	C	0.05%
EFX	F	0.05%
RY	A	0.05%
BK	A	0.05%
AER	B	0.05%
DLTR	F	0.05%
AZO	C	0.05%
ZTS	D	0.05%
PDM	D	0.04%
KIM	A	0.04%
STLD	B	0.04%
HPP	F	0.04%
VOYA	B	0.04%
KRG	B	0.04%
FTV	C	0.04%
RNR	C	0.04%
AIZ	A	0.04%
SJM	D	0.04%
RPM	A	0.04%
EA	A	0.04%
ARE	D	0.04%
CMI	A	0.04%
PGR	A	0.04%
HII	D	0.04%
AXS	A	0.04%
HIW	D	0.04%
AIG	B	0.04%
CSX	B	0.04%
AFL	B	0.04%
ES	D	0.04%
MCD	D	0.04%
MAR	B	0.04%
CSCO	B	0.04%
SCHW	B	0.04%
SHW	A	0.04%
RSG	A	0.04%
DB	D	0.04%
EIX	B	0.04%
MS	A	0.04%
FLS	B	0.03%
HCA	F	0.03%
PNC	B	0.03%
PH	A	0.02%
CTAS	B	0.02%
AAP	C	0.02%
BDN	C	0.02%
MAA	B	0.02%
EQR	B	0.02%
PYPL	B	0.02%
AVB	B	0.02%
CLX	B	0.02%
AVY	D	0.02%
VTR	C	0.02%
COF	B	0.02%
AEP	D	0.02%
MUFG	B	0.02%
CP	D	0.01%
OHI	C	0.0%
PRU	A	0.0%

SKOR Underweight 95 Positions Relative to FTHI

Symbol	Grade	Weight
NVDA	C	-6.56%
META	D	-2.55%
GOOG	C	-1.84%
BRK.A	B	-1.73%
BXMT	C	-1.55%
SLG	B	-1.44%
TSLA	B	-1.36%
LLY	F	-1.18%
JXN	C	-1.11%
XOM	B	-1.0%
CRNX	C	-0.99%
CCEP	C	-0.98%
VST	B	-0.97%
UL	D	-0.94%
LADR	B	-0.87%
BRBR	A	-0.77%
CALM	A	-0.76%
NFLX	A	-0.72%
CRM	B	-0.65%
INGR	B	-0.64%
PTVE	B	-0.64%
IDA	A	-0.59%
ALSN	B	-0.53%
MRK	F	-0.49%
NVS	D	-0.49%
EXP	A	-0.48%
SLM	A	-0.48%
CVLT	B	-0.48%
DTM	B	-0.46%
IDCC	A	-0.45%
AMD	F	-0.45%
TOL	B	-0.45%
SFM	A	-0.45%
DELL	C	-0.45%
MDT	D	-0.45%
INSM	C	-0.44%
HLI	B	-0.44%
EWBC	A	-0.43%
UMBF	B	-0.43%
MEDP	D	-0.42%
ARES	A	-0.42%
NOW	A	-0.42%
LIN	D	-0.41%
PPC	C	-0.41%
CAT	B	-0.41%
DECK	A	-0.41%
EHC	B	-0.39%
AM	A	-0.38%
USFD	A	-0.38%
ISRG	A	-0.37%
BKNG	A	-0.36%
LANC	C	-0.36%
SLVM	B	-0.35%
KNSL	B	-0.35%
GE	D	-0.35%
HESM	B	-0.34%
FTI	A	-0.34%
WSO	A	-0.33%
RTX	C	-0.33%
SCCO	F	-0.33%
TJX	A	-0.32%
MGEE	C	-0.32%
BAH	F	-0.31%
VEEV	C	-0.31%
AMAT	F	-0.31%
LOPE	B	-0.3%
MATX	C	-0.3%
GAP	C	-0.27%
DHT	F	-0.27%
IIPR	D	-0.27%
GGG	B	-0.27%
CVX	A	-0.26%
NVO	D	-0.25%
ATR	B	-0.25%
SBLK	F	-0.24%
COP	C	-0.24%
CNA	B	-0.23%
PFGC	B	-0.22%
STNG	F	-0.22%
PAYX	C	-0.21%
CVBF	A	-0.2%
OTTR	C	-0.2%
MUSA	A	-0.19%
GEV	B	-0.17%
NEU	C	-0.17%
REYN	D	-0.16%
KAR	B	-0.15%
EXR	D	-0.14%
SFNC	B	-0.14%
OGN	D	-0.13%
BX	A	-0.13%
NHI	D	-0.12%
TGT	F	-0.11%
PFE	D	-0.1%
AJG	B	-0.05%