SKOR vs. JVAL ETF Comparison

Comparison of FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to JPMorgan U.S. Value Factor ETF (JVAL)

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

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$45.85

Average Daily Volume

59,043

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

Performance

Period	SKOR	JVAL
30 Days	-0.31%	4.55%
60 Days	-1.61%	4.91%
90 Days	-0.51%	6.18%
12 Months	7.12%	29.11%

116 Overlapping Holdings

	Symbol	Grade	Weight in SKOR	Weight in JVAL	Overlap
	AAP	C	0.02%	0.1%	0.02%
	AAPL	C	0.09%	1.93%	0.09%
	ADI	D	0.15%	0.54%	0.15%
	AGR	B	0.09%	0.1%	0.09%
	AIG	B	0.04%	0.36%	0.04%
	AL	B	0.06%	0.05%	0.05%
	ALLY	C	0.14%	0.2%	0.14%
	AMCR	D	0.12%	0.22%	0.12%
	AMGN	D	0.11%	0.63%	0.11%
	APH	A	0.11%	0.5%	0.11%
	ARW	D	0.15%	0.19%	0.15%
	AVGO	D	0.04%	1.84%	0.04%
	AVT	C	0.07%	0.21%	0.07%
	AXS	A	0.04%	0.16%	0.04%
	BAC	A	0.0%	0.46%	0.0%
	BAX	D	0.07%	0.13%	0.07%
	BDX	F	0.08%	0.06%	0.06%
	BG	F	0.08%	0.14%	0.08%
	BK	A	0.05%	0.41%	0.05%
	BMY	B	0.1%	0.51%	0.1%
	BRX	A	0.12%	0.01%	0.01%
	BWA	D	0.13%	0.15%	0.13%
	C	A	0.08%	0.66%	0.08%
	CE	F	0.07%	0.04%	0.04%
	CFG	B	0.07%	0.28%	0.07%
	CI	F	0.14%	0.47%	0.14%
	CMA	A	0.09%	0.22%	0.09%
	CMCSA	B	0.14%	0.48%	0.14%
	CMI	A	0.04%	0.4%	0.04%
	COF	B	0.02%	0.47%	0.02%
	CPB	D	0.06%	0.17%	0.06%
	CSCO	B	0.04%	0.76%	0.04%
	CVS	D	0.16%	0.43%	0.16%
	D	C	0.08%	0.1%	0.08%
	DG	F	0.16%	0.13%	0.13%
	DGX	A	0.07%	0.26%	0.07%
	DHI	D	0.07%	0.33%	0.07%
	DINO	D	0.08%	0.16%	0.08%
	DOV	A	0.07%	0.29%	0.07%
	DOW	F	0.17%	0.22%	0.17%
	DT	C	0.05%	0.06%	0.05%
	EBAY	D	0.08%	0.29%	0.08%
	ED	D	0.11%	0.29%	0.11%
	ELV	F	0.18%	0.44%	0.18%
	EQR	B	0.02%	0.04%	0.02%
	FAF	A	0.08%	0.2%	0.08%
	FHN	A	0.09%	0.19%	0.09%
	FITB	A	0.09%	0.32%	0.09%
	FMC	D	0.07%	0.12%	0.07%
	FOXA	B	0.25%	0.25%	0.25%
	GD	F	0.14%	0.35%	0.14%
	GILD	C	0.13%	0.5%	0.13%
	GIS	D	0.08%	0.26%	0.08%
	GLPI	C	0.08%	0.13%	0.08%
	GM	B	0.2%	0.42%	0.2%
	GOOGL	C	0.03%	2.17%	0.03%
	GPN	B	0.17%	0.19%	0.17%
	HBAN	A	0.08%	0.3%	0.08%
	HD	A	0.0%	0.82%	0.0%
	HII	D	0.04%	0.15%	0.04%
	HIW	D	0.04%	0.2%	0.04%
	HPQ	B	0.07%	0.32%	0.07%
	HST	C	0.09%	0.13%	0.09%
	HUM	C	0.12%	0.2%	0.12%
	IBM	C	0.09%	0.87%	0.09%
	INTC	D	0.12%	0.59%	0.12%
	INTU	C	0.1%	0.75%	0.1%
	JEF	A	0.08%	0.29%	0.08%
	JNJ	D	0.18%	1.24%	0.18%
	KEY	B	0.08%	0.22%	0.08%
	KIM	A	0.04%	0.23%	0.04%
	KLAC	D	0.08%	0.44%	0.08%
	KMI	A	0.28%	0.42%	0.28%
	KRC	C	0.04%	0.14%	0.04%
	LEA	D	0.08%	0.13%	0.08%
	LEN	D	0.32%	0.31%	0.31%
	LH	C	0.11%	0.16%	0.11%
	LHX	C	0.1%	0.3%	0.1%
	MO	A	0.1%	0.52%	0.1%
	MSFT	F	0.04%	1.76%	0.04%
	MU	D	0.08%	0.42%	0.08%
	NFG	A	0.08%	0.2%	0.08%
	NNN	D	0.06%	0.11%	0.06%
	NTAP	C	0.07%	0.29%	0.07%
	NVT	B	0.11%	0.04%	0.04%
	OHI	C	0.0%	0.22%	0.0%
	ORCL	B	0.11%	1.27%	0.11%
	ORI	A	0.08%	0.23%	0.08%
	PH	A	0.02%	0.15%	0.02%
	PHM	D	0.2%	0.27%	0.2%
	PKG	A	0.07%	0.3%	0.07%
	PM	B	0.17%	0.55%	0.17%
	PNC	B	0.03%	0.12%	0.03%
	PRU	A	0.0%	0.36%	0.0%
	QCOM	F	0.08%	0.77%	0.08%
	REG	B	0.06%	0.13%	0.06%
	ROP	B	0.08%	0.39%	0.08%
	RPRX	D	0.14%	0.12%	0.12%
	SJM	D	0.04%	0.14%	0.04%
	SPG	B	0.22%	0.33%	0.22%
	STT	A	0.07%	0.3%	0.07%
	SWK	D	0.11%	0.12%	0.11%
	SYF	B	0.08%	0.34%	0.08%
	T	A	0.12%	0.68%	0.12%
	TFC	A	0.06%	0.41%	0.06%
	TPR	B	0.19%	0.26%	0.19%
	TXN	C	0.07%	0.8%	0.07%
	UNH	C	0.02%	1.78%	0.02%
	USB	A	0.07%	0.42%	0.07%
	VLO	C	0.08%	0.24%	0.08%
	VOYA	B	0.04%	0.1%	0.04%
	VRSN	F	0.19%	0.13%	0.13%
	VZ	C	0.03%	0.2%	0.03%
	WHR	B	0.08%	0.19%	0.08%
	WPC	D	0.06%	0.12%	0.06%
	WU	D	0.13%	0.16%	0.13%

SKOR Overweight 189 Positions Relative to JVAL

	Symbol	Grade	Weight
	AEE	A	0.25%
	PEP	F	0.24%
	LMT	D	0.23%
	NXPI	D	0.21%
	CHTR	C	0.2%
	NI	A	0.19%
	MAS	D	0.19%
	PAA	B	0.19%
	APD	A	0.19%
	TMO	F	0.19%
	NOC	D	0.19%
	CHD	B	0.18%
	CCI	D	0.18%
	TD	F	0.17%
	WEC	A	0.17%
	ATO	A	0.17%
	LII	A	0.16%
	ALL	A	0.15%
	XEL	A	0.14%
	TDY	B	0.14%
	OKE	A	0.14%
	TMUS	B	0.14%
	WM	A	0.13%
	AMT	D	0.13%
	JBHT	C	0.12%
	O	D	0.12%
	CME	A	0.12%
	CM	A	0.11%
	BHP	F	0.11%
	K	A	0.11%
	MKL	A	0.11%
	AMZN	C	0.11%
	ATHS	C	0.11%
	UNP	C	0.11%
	ARCC	A	0.11%
	BMO	A	0.11%
	DFS	B	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%
	BKU	A	0.1%
	TRMB	B	0.1%
	CB	C	0.1%
	COST	B	0.1%
	SO	D	0.1%
	GS	A	0.1%
	V	A	0.1%
	VNT	B	0.09%
	THG	A	0.09%
	SBUX	A	0.09%
	MET	A	0.09%
	DHR	F	0.09%
	CARR	D	0.09%
	DIS	B	0.09%
	DTE	C	0.09%
	BXP	D	0.09%
	CL	D	0.09%
	MCK	B	0.09%
	ADBE	C	0.09%
	FLO	D	0.09%
	LAZ	B	0.09%
	MLM	B	0.09%
	BNS	A	0.09%
	AON	A	0.09%
	KMB	D	0.08%
	BR	A	0.08%
	AFG	A	0.08%
	PSA	D	0.08%
	ADSK	A	0.08%
	AWH	F	0.08%
	CSL	C	0.08%
	CMS	C	0.08%
	HP	B	0.08%
	H	B	0.08%
	UPS	C	0.08%
	CBOE	B	0.08%
	KO	D	0.08%
	DSS	F	0.08%
	AMH	D	0.08%
	EW	C	0.08%
	KEYS	A	0.08%
	KDP	D	0.08%
	NDAQ	A	0.08%
	BRO	B	0.08%
	WELL	A	0.08%
	TT	A	0.08%
	SPGI	C	0.08%
	ORLY	B	0.08%
	BLK	C	0.08%
	MMM	D	0.08%
	DUK	C	0.08%
	ABBV	D	0.08%
	ADP	B	0.07%
	EMR	A	0.07%
	KMPR	B	0.07%
	PLD	D	0.07%
	PCG	A	0.07%
	PPG	F	0.07%
	CPT	B	0.07%
	SBRA	C	0.07%
	WB	D	0.07%
	ALLE	D	0.07%
	ITW	B	0.07%
	A	D	0.07%
	BKH	A	0.07%
	ESS	B	0.07%
	GSBD	F	0.07%
	NSC	B	0.07%
	TEL	B	0.07%
	MKC	D	0.07%
	AWK	D	0.07%
	AMP	A	0.07%
	CUBE	D	0.07%
	HUBB	B	0.07%
	OTIS	C	0.07%
	MCO	B	0.07%
	SRE	A	0.07%
	MDLZ	F	0.07%
	PEG	A	0.07%
	AXP	A	0.07%
	EPD	A	0.07%
	BABA	D	0.07%
	HSBC	B	0.07%
	WFC	A	0.07%
	ROK	B	0.06%
	SKT	B	0.06%
	WAB	B	0.06%
	SCS	C	0.06%
	GL	B	0.06%
	BA	F	0.06%
	ECL	D	0.06%
	WTW	B	0.06%
	PG	A	0.06%
	SITC	D	0.05%
	EFX	F	0.05%
	RY	A	0.05%
	AER	B	0.05%
	DLTR	F	0.05%
	AZO	C	0.05%
	ZTS	D	0.05%
	PDM	D	0.04%
	STLD	B	0.04%
	HPP	F	0.04%
	KRG	B	0.04%
	FTV	C	0.04%
	RNR	C	0.04%
	AIZ	A	0.04%
	RPM	A	0.04%
	EA	A	0.04%
	ARE	D	0.04%
	PGR	A	0.04%
	CSX	B	0.04%
	AFL	B	0.04%
	HON	B	0.04%
	ES	D	0.04%
	MCD	D	0.04%
	MSI	B	0.04%
	MAR	B	0.04%
	SCHW	B	0.04%
	SHW	A	0.04%
	RSG	A	0.04%
	LOW	D	0.04%
	DB	D	0.04%
	EIX	B	0.04%
	MA	C	0.04%
	NEE	D	0.04%
	MS	A	0.04%
	FLS	B	0.03%
	SYK	C	0.03%
	FNF	B	0.03%
	HCA	F	0.03%
	CTAS	B	0.02%
	BDN	C	0.02%
	MAA	B	0.02%
	PYPL	B	0.02%
	AVB	B	0.02%
	CLX	B	0.02%
	AVY	D	0.02%
	VTR	C	0.02%
	AEP	D	0.02%
	MUFG	B	0.02%
	WMT	A	0.02%
	MMC	B	0.01%
	CP	D	0.01%
	JPM	A	0.01%
	EQIX	A	0.0%

SKOR Underweight 246 Positions Relative to JVAL

	Symbol	Grade	Weight
	META	D	-2.1%
	CRM	B	-1.29%
	APP	B	-1.01%
	CAT	B	-0.85%
	CVX	A	-0.76%
	AMAT	F	-0.67%
	MRK	F	-0.66%
	PFE	D	-0.62%
	MDT	D	-0.5%
	LRCX	F	-0.49%
	MRVL	B	-0.49%
	VRT	B	-0.48%
	RTX	C	-0.47%
	FDX	B	-0.41%
	JCI	C	-0.41%
	PSX	C	-0.38%
	DELL	C	-0.37%
	PCAR	B	-0.37%
	TWLO	A	-0.37%
	MPC	D	-0.36%
	ETR	B	-0.34%
	GLW	B	-0.34%
	GDDY	A	-0.33%
	F	C	-0.33%
	HPE	B	-0.32%
	GRMN	B	-0.32%
	CTSH	B	-0.32%
	DD	D	-0.31%
	SNA	A	-0.31%
	KR	B	-0.31%
	PAYC	B	-0.3%
	NUE	C	-0.3%
	PNR	A	-0.29%
	WSM	B	-0.29%
	VICI	C	-0.29%
	ZM	B	-0.29%
	UAL	A	-0.29%
	UNM	A	-0.29%
	DAL	C	-0.28%
	WDAY	B	-0.28%
	MTB	A	-0.28%
	MCHP	D	-0.28%
	ON	D	-0.28%
	ALSN	B	-0.28%
	JBL	B	-0.28%
	PPL	B	-0.28%
	GEN	B	-0.27%
	RF	A	-0.27%
	LDOS	C	-0.27%
	TGT	F	-0.27%
	IP	B	-0.27%
	FFIV	B	-0.27%
	TOL	B	-0.26%
	EPAM	C	-0.26%
	RS	B	-0.26%
	OC	A	-0.26%
	WCC	B	-0.26%
	BLDR	D	-0.25%
	OMC	C	-0.25%
	R	B	-0.25%
	PEGA	A	-0.25%
	EVRG	A	-0.25%
	VTRS	A	-0.25%
	CTRA	B	-0.25%
	KHC	F	-0.25%
	ADM	D	-0.25%
	MRO	B	-0.25%
	TAP	C	-0.24%
	LAD	A	-0.24%
	NWSA	B	-0.24%
	UTHR	C	-0.24%
	DBX	B	-0.24%
	DLB	B	-0.24%
	SCI	B	-0.24%
	SSNC	B	-0.24%
	PFG	D	-0.24%
	BBY	D	-0.23%
	PNW	B	-0.23%
	SNV	B	-0.23%
	OGE	B	-0.23%
	CDW	F	-0.23%
	LYB	F	-0.23%
	DOX	D	-0.22%
	SLGN	A	-0.22%
	CACI	D	-0.22%
	ZI	D	-0.22%
	OMF	A	-0.22%
	RL	B	-0.22%
	WAL	B	-0.22%
	CCK	C	-0.22%
	OSK	B	-0.22%
	DRI	B	-0.22%
	SNX	C	-0.22%
	UGI	A	-0.21%
	CNH	C	-0.21%
	MTG	C	-0.21%
	GFS	C	-0.21%
	CNC	D	-0.21%
	OVV	B	-0.21%
	DNB	B	-0.21%
	BPOP	B	-0.21%
	NXST	C	-0.21%
	DKS	C	-0.21%
	GPK	C	-0.21%
	MOS	F	-0.21%
	FNB	A	-0.21%
	TER	D	-0.21%
	AKAM	D	-0.21%
	EXC	C	-0.21%
	VAC	B	-0.2%
	THC	D	-0.2%
	CAG	D	-0.2%
	UHS	D	-0.2%
	JHG	A	-0.2%
	BERY	B	-0.2%
	AN	C	-0.2%
	NVR	D	-0.2%
	KBR	F	-0.2%
	SWKS	F	-0.2%
	AGO	B	-0.2%
	BC	C	-0.2%
	TNL	A	-0.19%
	DOCU	A	-0.19%
	GPC	D	-0.19%
	ZION	B	-0.19%
	THO	B	-0.19%
	ANSS	B	-0.19%
	SAIC	F	-0.19%
	OLED	D	-0.19%
	HRB	D	-0.19%
	AYI	B	-0.19%
	GAP	C	-0.18%
	BYD	C	-0.18%
	AGCO	D	-0.18%
	STWD	C	-0.18%
	TXT	D	-0.18%
	M	D	-0.18%
	HOG	D	-0.18%
	PAG	B	-0.18%
	MGM	D	-0.18%
	CRBG	B	-0.18%
	IVZ	B	-0.18%
	COLB	A	-0.18%
	RHI	B	-0.18%
	MTCH	D	-0.18%
	MSM	C	-0.18%
	EPR	D	-0.18%
	MUSA	A	-0.17%
	MAN	D	-0.17%
	IPG	D	-0.17%
	DV	C	-0.17%
	ST	F	-0.17%
	WBS	A	-0.17%
	ACI	C	-0.17%
	ZBH	C	-0.17%
	PTC	A	-0.17%
	GNTX	C	-0.17%
	PVH	C	-0.16%
	DXC	B	-0.16%
	KSS	F	-0.16%
	CRUS	D	-0.16%
	LKQ	D	-0.16%
	CRI	D	-0.15%
	BEN	C	-0.15%
	CLVT	F	-0.15%
	INGR	B	-0.15%
	LVS	C	-0.15%
	EHC	B	-0.15%
	JWN	C	-0.15%
	GLOB	B	-0.15%
	PB	A	-0.15%
	POOL	C	-0.14%
	WEN	D	-0.14%
	G	B	-0.14%
	IPGP	D	-0.14%
	QRVO	F	-0.14%
	PR	B	-0.14%
	U	C	-0.14%
	CXT	B	-0.14%
	POST	C	-0.13%
	JAZZ	B	-0.13%
	PSN	D	-0.13%
	DVN	F	-0.13%
	WH	B	-0.13%
	RVTY	F	-0.13%
	ARMK	B	-0.13%
	OZK	B	-0.13%
	GTES	A	-0.13%
	PK	B	-0.13%
	FIS	C	-0.13%
	MDU	D	-0.13%
	FHB	A	-0.13%
	INFA	D	-0.12%
	CUZ	B	-0.12%
	APTV	D	-0.12%
	TDC	D	-0.12%
	PARA	C	-0.12%
	ENTG	D	-0.12%
	NWL	B	-0.12%
	BBWI	D	-0.12%
	PATH	C	-0.12%
	FBIN	D	-0.12%
	LPX	B	-0.12%
	OKTA	C	-0.12%
	SON	D	-0.12%
	IAC	D	-0.11%
	CROX	D	-0.11%
	PRGO	B	-0.11%
	CNXC	F	-0.11%
	PINC	B	-0.11%
	BSY	D	-0.11%
	AGNC	D	-0.11%
	DDS	B	-0.11%
	ADTN	A	-0.11%
	SIRI	C	-0.1%
	TSN	B	-0.1%
	COLM	B	-0.1%
	SPB	C	-0.1%
	CWEN	C	-0.1%
	LEG	F	-0.1%
	HRL	D	-0.1%
	CIVI	D	-0.1%
	SNDR	B	-0.1%
	PPC	C	-0.09%
	MPW	F	-0.09%
	PII	D	-0.09%
	RGA	A	-0.09%
	BOKF	B	-0.09%
	SEE	C	-0.09%
	VFC	C	-0.08%
	LNC	B	-0.08%
	MTN	C	-0.08%
	TFX	F	-0.07%
	AMKR	D	-0.07%
	HSIC	B	-0.07%
	CF	B	-0.06%
	FTRE	D	-0.06%
	FANG	D	-0.06%
	SOLV	C	-0.05%
	OGN	D	-0.05%
	UHAL	D	-0.04%
	HUN	F	-0.03%
	CLF	F	-0.02%
	CPRI	F	-0.01%
	ALGM	D	-0.0%
	LOPE	B	-0.0%

SKOR: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Global Diversified Industrials Banks - Regional - US Credit Services REIT - Retail REIT - Office Business Services Insurance - Property & Casualty Asset Management Capital Markets Diagnostics & Research Packaged Foods REIT - Residential Semiconductors Specialty Retail Aerospace & Defense Drug Manufacturers - Major Health Care Plans Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Insurance Bank Real Estate Investment Trust Natural Gas Dow Jones Component Electricity Banking Investment Bank Insurance Products Financial Products Cash Management Chemical Computing Commercial Banking Electronics Real Estate Market Telecommunications Aerospace

JVAL: Top Represented Industries & Keywords

Industries: Banks - Regional - US Software - Application Semiconductors Information Technology Services Packaged Foods Packaging & Containers Software - Infrastructure Asset Management Oil & Gas E&P Diversified Industrials Semiconductor Equipment & Materials Specialty Retail Utilities - Regulated Electric Apparel Manufacturing Auto Parts Drug Manufacturers - Major Health Care Plans Internet Content & Information REIT - Retail REIT - Diversified

Keywords: S&P 500 Nasdaq 100 Computing Bank Banking Electronics Insurance Semiconductor Natural Gas Telecommunications Cloud Computing Dow Jones Component Integrated Circuits Aerospace Cash Management Financial Products Real Estate Investment Trust Commercial Banking Electricity Chemical