SKOR vs. VCEB ETF Comparison

Comparison of FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) to Vanguard ESG U.S. Corporate Bond ETF (VCEB)
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

$48.92

Average Daily Volume

33,267

Number of Holdings *

305

* may have additional holdings in another (foreign) market
VCEB

Vanguard ESG U.S. Corporate Bond ETF

VCEB Description The investment seeks to track the performance of the Bloomberg Barclays MSCI US Corporate SRI Select Index (the ?index?). The index excludes bonds with maturities of 1 year or less and with less than $750 million outstanding, and is screened for certain environmental, social, and governance (ESG) criteria by the index provider, which is independent of Vanguard. All of the fund?s investments will be selected through the sampling process, and under normal circumstances, at least 80% of the fund?s assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$64.52

Average Daily Volume

31,345

Number of Holdings *

245

* may have additional holdings in another (foreign) market
Performance
Period SKOR VCEB
30 Days 2.03% 2.77%
60 Days 3.09% 3.97%
90 Days 4.24% 5.29%
12 Months 9.25% 10.56%
167 Overlapping Holdings
Symbol Grade Weight in SKOR Weight in VCEB Overlap
A B 0.07% 0.02% 0.02%
AAPL C 0.09% 0.01% 0.01%
ABBV B 0.08% 0.03% 0.03%
ADBE B 0.09% 0.01% 0.01%
ADI C 0.15% 0.01% 0.01%
ADP B 0.07% 0.03% 0.03%
AER C 0.05% 0.01% 0.01%
AFL B 0.04% 0.05% 0.04%
AIG D 0.04% 0.01% 0.01%
AL D 0.06% 0.01% 0.01%
ALLY C 0.14% 0.03% 0.03%
AMGN C 0.11% 0.01% 0.01%
AMP B 0.07% 0.03% 0.03%
AMT A 0.13% 0.01% 0.01%
AMZN D 0.11% 0.01% 0.01%
AON A 0.09% 0.01% 0.01%
APD B 0.19% 0.02% 0.02%
APH D 0.11% 0.02% 0.02%
ARE D 0.04% 0.01% 0.01%
AVGO D 0.04% 0.02% 0.02%
AWK A 0.07% 0.02% 0.02%
AXP B 0.07% 0.01% 0.01%
AZO B 0.05% 0.04% 0.04%
BABA B 0.07% 0.02% 0.02%
BAC D 0.0% 0.02% 0.0%
BAX A 0.07% 0.02% 0.02%
BDX D 0.08% 0.03% 0.03%
BG D 0.08% 0.03% 0.03%
BK B 0.05% 0.01% 0.01%
BLK B 0.08% 0.02% 0.02%
BMO D 0.11% 0.01% 0.01%
BMY B 0.1% 0.03% 0.03%
BNS A 0.09% 0.01% 0.01%
BR C 0.08% 0.02% 0.02%
BRX A 0.12% 0.01% 0.01%
BWA D 0.13% 0.03% 0.03%
BXP A 0.09% 0.01% 0.01%
C D 0.08% 0.01% 0.01%
CARR B 0.09% 0.02% 0.02%
CB A 0.1% 0.01% 0.01%
CCI A 0.18% 0.01% 0.01%
CFG B 0.07% 0.03% 0.03%
CHTR C 0.2% 0.02% 0.02%
CI B 0.14% 0.01% 0.01%
CM A 0.11% 0.01% 0.01%
CMA B 0.09% 0.03% 0.03%
CMCSA C 0.14% 0.01% 0.01%
CME A 0.12% 0.02% 0.02%
CMI B 0.04% 0.02% 0.02%
COF C 0.02% 0.01% 0.01%
CPB A 0.06% 0.02% 0.02%
CPT B 0.07% 0.04% 0.04%
CSCO B 0.04% 0.02% 0.02%
CSL C 0.08% 0.02% 0.02%
CTAS B 0.02% 0.04% 0.02%
CVS F 0.16% 0.01% 0.01%
DB B 0.04% 0.02% 0.02%
DFS C 0.11% 0.01% 0.01%
DG F 0.16% 0.03% 0.03%
DGX B 0.07% 0.03% 0.03%
DHR B 0.09% 0.01% 0.01%
DIS F 0.09% 0.01% 0.01%
DLR D 0.1% 0.01% 0.01%
DLTR F 0.05% 0.02% 0.02%
DOW D 0.17% 0.01% 0.01%
DT A 0.05% 0.19% 0.05%
EA C 0.04% 0.01% 0.01%
EBAY A 0.08% 0.01% 0.01%
EFX B 0.05% 0.02% 0.02%
EQIX B 0.0% 0.03% 0.0%
EQR B 0.02% 0.03% 0.02%
FITB B 0.09% 0.02% 0.02%
FOXA B 0.25% 0.01% 0.01%
FTV D 0.04% 0.03% 0.03%
GILD A 0.13% 0.01% 0.01%
GIS A 0.08% 0.03% 0.03%
GLPI A 0.08% 0.01% 0.01%
GM B 0.2% 0.01% 0.01%
GOOGL D 0.03% 0.02% 0.02%
GPN C 0.17% 0.01% 0.01%
GS C 0.1% 0.01% 0.01%
HBAN B 0.08% 0.02% 0.02%
HCA B 0.03% 0.02% 0.02%
HD B 0.0% 0.01% 0.0%
HPQ D 0.07% 0.01% 0.01%
HSBC B 0.07% 0.02% 0.02%
HST D 0.09% 0.02% 0.02%
HUM D 0.12% 0.01% 0.01%
IBM A 0.09% 0.02% 0.02%
INTC F 0.12% 0.01% 0.01%
ITW C 0.07% 0.03% 0.03%
JNJ B 0.18% 0.01% 0.01%
JPM B 0.01% 0.01% 0.01%
K A 0.11% 0.03% 0.03%
KDP A 0.08% 0.01% 0.01%
KEY B 0.08% 0.01% 0.01%
KLAC D 0.08% 0.01% 0.01%
KMB A 0.08% 0.04% 0.04%
KO B 0.08% 0.01% 0.01%
LEA F 0.08% 0.02% 0.02%
LEN B 0.32% 0.04% 0.04%
LH B 0.11% 0.03% 0.03%
LOW B 0.04% 0.01% 0.01%
MA B 0.04% 0.03% 0.03%
MAR D 0.04% 0.01% 0.01%
MCD A 0.04% 0.01% 0.01%
MCK D 0.09% 0.02% 0.02%
MDLZ A 0.07% 0.01% 0.01%
MET B 0.09% 0.01% 0.01%
MKC A 0.07% 0.02% 0.02%
MLM D 0.09% 0.02% 0.02%
MMC A 0.01% 0.04% 0.01%
MMM B 0.08% 0.01% 0.01%
MS C 0.04% 0.01% 0.01%
MSFT D 0.04% 0.01% 0.01%
MSI B 0.04% 0.01% 0.01%
MU F 0.08% 0.03% 0.03%
MUFG D 0.02% 0.01% 0.01%
NTAP D 0.07% 0.02% 0.02%
NXPI D 0.21% 0.01% 0.01%
O A 0.12% 0.02% 0.02%
ORCL A 0.11% 0.02% 0.02%
ORLY B 0.08% 0.03% 0.03%
OTIS D 0.07% 0.04% 0.04%
PEP A 0.24% 0.01% 0.01%
PG A 0.06% 0.01% 0.01%
PGR A 0.04% 0.05% 0.04%
PH B 0.02% 0.01% 0.01%
PLD B 0.07% 0.01% 0.01%
PNC B 0.03% 0.01% 0.01%
PPG D 0.07% 0.03% 0.03%
PRU C 0.0% 0.01% 0.0%
PYPL B 0.02% 0.01% 0.01%
QCOM F 0.08% 0.01% 0.01%
ROP C 0.08% 0.03% 0.03%
RPRX B 0.14% 0.01% 0.01%
RSG B 0.04% 0.01% 0.01%
RY A 0.05% 0.01% 0.01%
SBUX B 0.09% 0.02% 0.02%
SCHW D 0.04% 0.01% 0.01%
SHW B 0.04% 0.02% 0.02%
SJM A 0.04% 0.03% 0.03%
SPG B 0.22% 0.01% 0.01%
STT B 0.07% 0.01% 0.01%
SWK B 0.11% 0.02% 0.02%
SYF C 0.08% 0.03% 0.03%
SYK A 0.03% 0.01% 0.01%
T A 0.12% 0.01% 0.01%
TD A 0.17% 0.01% 0.01%
TFC B 0.06% 0.01% 0.01%
TMO A 0.19% 0.01% 0.01%
TMUS B 0.14% 0.01% 0.01%
TT B 0.08% 0.02% 0.02%
TXN C 0.07% 0.01% 0.01%
UNH A 0.02% 0.01% 0.01%
UPS F 0.08% 0.01% 0.01%
USB B 0.07% 0.01% 0.01%
V A 0.1% 0.02% 0.02%
VRSK C 0.1% 0.04% 0.04%
VRSN C 0.19% 0.03% 0.03%
VTR A 0.02% 0.02% 0.02%
VZ B 0.03% 0.02% 0.02%
WAB B 0.06% 0.03% 0.03%
WB F 0.07% 0.01% 0.01%
WELL A 0.08% 0.01% 0.01%
WM D 0.13% 0.01% 0.01%
ZTS A 0.05% 0.01% 0.01%
SKOR Overweight 138 Positions Relative to VCEB
Symbol Grade Weight
KMI B 0.28%
AEE A 0.25%
LMT A 0.23%
PHM B 0.2%
NI A 0.19%
MAS B 0.19%
TPR B 0.19%
PAA D 0.19%
NOC B 0.19%
CHD A 0.18%
ELV B 0.18%
WEC A 0.17%
ATO A 0.17%
PM A 0.17%
LII C 0.16%
ARW B 0.15%
ALL B 0.15%
XEL A 0.14%
TDY B 0.14%
OKE A 0.14%
GD B 0.14%
WU C 0.13%
JBHT C 0.12%
AMCR B 0.12%
BHP F 0.11%
ED A 0.11%
MKL C 0.11%
NVT F 0.11%
ATHS B 0.11%
UNP B 0.11%
ARCC C 0.11%
BIDU F 0.1%
WY C 0.1%
CNP D 0.1%
LNT A 0.1%
BKU B 0.1%
TRMB D 0.1%
INTU D 0.1%
MO A 0.1%
COST B 0.1%
SO A 0.1%
LHX C 0.1%
VNT F 0.09%
THG A 0.09%
FHN C 0.09%
DTE B 0.09%
AGR B 0.09%
CL A 0.09%
FLO A 0.09%
LAZ B 0.09%
AFG A 0.08%
PSA A 0.08%
ADSK B 0.08%
AWH F 0.08%
FAF A 0.08%
CMS A 0.08%
HP F 0.08%
ORI B 0.08%
H C 0.08%
CBOE A 0.08%
DSS F 0.08%
AMH A 0.08%
VLO D 0.08%
EW F 0.08%
DINO F 0.08%
KEYS C 0.08%
NDAQ A 0.08%
WHR D 0.08%
BRO A 0.08%
SPGI A 0.08%
NFG B 0.08%
JEF B 0.08%
DUK A 0.08%
D A 0.08%
EMR D 0.07%
AVT C 0.07%
KMPR C 0.07%
DHI B 0.07%
PCG A 0.07%
SBRA A 0.07%
ALLE B 0.07%
CE F 0.07%
DOV C 0.07%
BKH A 0.07%
ESS B 0.07%
GSBD D 0.07%
PKG B 0.07%
FMC C 0.07%
NSC B 0.07%
TEL C 0.07%
CUBE A 0.07%
HUBB C 0.07%
MCO B 0.07%
SRE B 0.07%
PEG B 0.07%
EPD C 0.07%
WFC D 0.07%
ROK D 0.06%
SKT A 0.06%
REG A 0.06%
SCS C 0.06%
GL B 0.06%
BA F 0.06%
ECL B 0.06%
WPC A 0.06%
WTW A 0.06%
NNN A 0.06%
SITC D 0.05%
PDM B 0.04%
KIM A 0.04%
STLD D 0.04%
HPP D 0.04%
VOYA B 0.04%
KRG B 0.04%
RNR A 0.04%
AIZ B 0.04%
RPM A 0.04%
HII B 0.04%
AXS B 0.04%
HIW B 0.04%
CSX D 0.04%
HON D 0.04%
ES A 0.04%
KRC B 0.04%
EIX A 0.04%
NEE A 0.04%
FLS C 0.03%
FNF B 0.03%
AAP F 0.02%
BDN B 0.02%
MAA B 0.02%
AVB B 0.02%
CLX A 0.02%
AVY B 0.02%
AEP A 0.02%
WMT A 0.02%
CP B 0.01%
OHI A 0.0%
SKOR Underweight 78 Positions Relative to VCEB
Symbol Grade Weight
MTB B -0.07%
TJX B -0.07%
MOS F -0.06%
WRK C -0.06%
DD C -0.06%
MDT A -0.05%
EQH C -0.05%
MCHP D -0.04%
GWW C -0.04%
NOW B -0.04%
STLA F -0.04%
EXPE C -0.04%
RF B -0.03%
EG B -0.03%
PWR C -0.03%
DOC B -0.03%
ACGL B -0.03%
NVR B -0.03%
IFF A -0.03%
HAS B -0.03%
LLY B -0.03%
NTRS B -0.03%
BHF D -0.03%
ETN D -0.03%
ZBH D -0.03%
ABT A -0.03%
VOD A -0.03%
HUN D -0.02%
HRL A -0.02%
HIG B -0.02%
AJG A -0.02%
QRVO D -0.02%
RL A -0.02%
BEN F -0.02%
VMC D -0.02%
UHS B -0.02%
CAH A -0.02%
XRAY D -0.02%
EMN C -0.02%
VFC B -0.02%
CF B -0.02%
RJF D -0.02%
REGN B -0.02%
TRV A -0.02%
DE B -0.02%
WBA F -0.02%
ADM D -0.02%
BKNG C -0.02%
GLW C -0.02%
OMC B -0.02%
NEM B -0.02%
CRM D -0.02%
GSK A -0.02%
AZN B -0.02%
EXP B -0.01%
MRVL D -0.01%
AMAT F -0.01%
TSN A -0.01%
BSX A -0.01%
BERY B -0.01%
FIS A -0.01%
NVDA D -0.01%
NKE C -0.01%
MRK D -0.01%
CAT C -0.01%
CAG A -0.01%
SYY A -0.01%
FDX D -0.01%
PFE D -0.01%
LUV A -0.01%
LRCX F -0.01%
ICE A -0.01%
HPE D -0.01%
TGT B -0.01%
BIIB D -0.01%
VTRS C -0.01%
NWG C -0.01%
DELL F -0.01%
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