UDIV vs. LKOR ETF Comparison

Comparison of Franklin U.S. Core Dividend Tilt Index ETF (UDIV) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$46.58

Average Daily Volume

4,680

Number of Holdings ^*

277

* 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

$43.84

Average Daily Volume

6,859

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	UDIV	LKOR
30 Days	3.09%	1.19%
60 Days	4.65%	-2.73%
90 Days	7.29%	-1.43%
12 Months	35.49%	12.09%

90 Overlapping Holdings

Symbol	Grade	Weight in UDIV	Weight in LKOR	Overlap
AAPL	B	6.17%	0.17%	0.17%
ABBV	D	0.97%	0.33%	0.33%
AEE	A	0.03%	0.24%	0.03%
AEP	D	0.29%	0.28%	0.28%
ALL	B	0.1%	0.04%	0.04%
AMGN	D	0.62%	0.23%	0.23%
AMT	D	0.35%	0.27%	0.27%
AMZN	C	3.48%	0.18%	0.18%
ARE	D	0.1%	0.18%	0.1%
AVGO	D	1.72%	0.2%	0.2%
BAC	A	0.65%	0.23%	0.23%
C	A	0.82%	0.21%	0.21%
CAG	D	0.07%	0.24%	0.07%
CAH	B	0.02%	0.31%	0.02%
CCI	D	0.24%	0.19%	0.19%
CMCSA	C	0.36%	0.24%	0.24%
CMS	C	0.11%	0.24%	0.11%
CPB	D	0.05%	0.18%	0.05%
CSCO	A	0.86%	0.23%	0.23%
CVS	D	0.39%	0.36%	0.36%
D	C	0.27%	0.23%	0.23%
DG	F	0.03%	0.11%	0.03%
DOW	F	0.19%	0.32%	0.19%
DUK	C	0.49%	0.5%	0.49%
EBAY	C	0.13%	0.18%	0.13%
ED	D	0.19%	0.29%	0.19%
EIX	A	0.19%	0.21%	0.19%
EL	F	0.09%	0.21%	0.09%
EMR	A	0.22%	0.12%	0.12%
EXC	D	0.22%	0.22%	0.22%
FITB	B	0.19%	0.39%	0.19%
GILD	B	0.63%	0.35%	0.35%
GLW	B	0.21%	0.1%	0.1%
GOOGL	C	1.92%	0.12%	0.12%
GS	B	0.44%	0.21%	0.21%
HD	A	1.06%	0.19%	0.19%
HON	B	0.18%	0.25%	0.18%
HPE	B	0.1%	0.37%	0.1%
HPQ	B	0.23%	0.24%	0.23%
IBM	C	0.81%	0.23%	0.23%
IFF	D	0.13%	0.12%	0.12%
INTC	C	0.41%	0.37%	0.37%
IPG	C	0.06%	0.12%	0.06%
ITW	A	0.43%	0.06%	0.06%
JCI	C	0.23%	0.13%	0.13%
JNJ	D	1.16%	0.12%	0.12%
JPM	B	1.35%	0.09%	0.09%
KIM	A	0.1%	0.1%	0.1%
KLAC	F	0.3%	0.2%	0.2%
KMB	C	0.26%	0.26%	0.26%
KMI	B	0.32%	0.19%	0.19%
KO	D	0.74%	0.19%	0.19%
LNT	A	0.09%	0.4%	0.09%
LOW	C	0.27%	0.25%	0.25%
LYB	F	0.13%	0.23%	0.13%
MA	B	0.23%	0.22%	0.22%
MCD	D	0.23%	0.12%	0.12%
MET	A	0.11%	0.14%	0.11%
MMM	D	0.36%	0.26%	0.26%
MO	A	0.56%	0.2%	0.2%
MS	B	0.94%	0.14%	0.14%
MSFT	D	6.07%	0.1%	0.1%
NEM	F	0.01%	0.24%	0.01%
NI	A	0.09%	0.37%	0.09%
NSC	A	0.07%	0.12%	0.07%
NVDA	C	6.83%	0.21%	0.21%
OKE	C	0.38%	0.24%	0.24%
ORCL	C	0.5%	0.25%	0.25%
PM	B	0.86%	0.7%	0.7%
PRU	A	0.28%	0.11%	0.11%
REG	B	0.07%	0.11%	0.07%
RF	B	0.15%	0.28%	0.15%
RPRX	D	0.04%	0.09%	0.04%
SBUX	B	0.3%	0.23%	0.23%
SCCO	F	0.06%	0.64%	0.06%
SJM	D	0.07%	0.1%	0.07%
SO	D	0.53%	0.11%	0.11%
T	A	0.79%	0.09%	0.09%
TT	B	0.02%	0.12%	0.02%
TXN	D	0.85%	0.23%	0.23%
UNH	B	0.87%	0.16%	0.16%
UNP	C	0.3%	0.16%	0.16%
V	A	0.34%	0.4%	0.34%
VTR	D	0.14%	0.12%	0.12%
VZ	B	0.77%	0.18%	0.18%
WBA	D	0.04%	0.1%	0.04%
WEC	A	0.18%	0.24%	0.18%
WELL	C	0.12%	0.12%	0.12%
WFC	A	0.42%	0.25%	0.25%
XOM	C	1.35%	0.12%	0.12%

UDIV Overweight 187 Positions Relative to LKOR

Symbol	Grade	Weight
META	D	2.13%
GOOG	C	1.73%
TSLA	B	1.48%
LLY	F	1.21%
CVX	B	1.12%
BLK	C	0.87%
PG	A	0.78%
BX	B	0.76%
QCOM	F	0.74%
MRK	F	0.71%
BMY	B	0.69%
PFE	D	0.66%
NFLX	B	0.64%
UPS	C	0.57%
PEP	F	0.57%
MDT	D	0.56%
ADI	D	0.52%
CRM	B	0.51%
PNC	A	0.5%
ABT	B	0.48%
NOW	B	0.47%
INTU	C	0.47%
USB	A	0.47%
CME	A	0.46%
ACN	B	0.45%
AMD	F	0.43%
PLD	D	0.43%
WMB	B	0.41%
ETN	A	0.41%
APO	A	0.4%
AMAT	F	0.38%
TFC	B	0.38%
NXPI	D	0.35%
ADBE	C	0.35%
LRCX	F	0.34%
SPG	C	0.33%
BK	A	0.33%
DLR	A	0.32%
PLTR	B	0.31%
CRWD	B	0.3%
CMI	A	0.3%
PSA	C	0.29%
ANET	C	0.28%
UBER	D	0.28%
TGT	F	0.28%
MELI	C	0.28%
O	D	0.28%
FAST	B	0.27%
F	C	0.27%
PANW	C	0.27%
COST	B	0.26%
PAYX	B	0.26%
COP	D	0.25%
KVUE	A	0.23%
MSCI	C	0.23%
MTB	B	0.22%
PSX	C	0.22%
EQIX	A	0.21%
FANG	F	0.21%
XEL	A	0.21%
EXR	C	0.2%
MU	D	0.2%
ROK	B	0.2%
GIS	D	0.2%
MCHP	F	0.2%
VICI	C	0.19%
VRT	B	0.18%
STT	A	0.18%
BKR	C	0.18%
APD	A	0.18%
AVB	B	0.18%
RTX	D	0.18%
GRMN	A	0.18%
ETR	B	0.18%
ARES	B	0.18%
IRM	C	0.17%
SYY	C	0.17%
HBAN	B	0.16%
PEG	A	0.16%
TROW	A	0.16%
DVN	F	0.16%
KKR	B	0.16%
KHC	D	0.16%
SW	B	0.16%
LIN	D	0.14%
ISRG	C	0.14%
DFS	B	0.14%
CDNS	B	0.14%
CINF	A	0.14%
EQR	B	0.14%
DTE	C	0.14%
PPL	B	0.14%
NTAP	C	0.14%
ADP	B	0.13%
DIS	B	0.13%
NTRS	A	0.13%
CFG	B	0.13%
COIN	B	0.13%
NKE	F	0.13%
MPWR	F	0.12%
INVH	D	0.12%
DRI	B	0.12%
CLX	C	0.12%
CTRA	B	0.12%
CMG	B	0.12%
IP	B	0.12%
PFG	C	0.12%
FE	D	0.12%
MRVL	B	0.12%
K	A	0.12%
PKG	B	0.12%
ES	D	0.12%
ESS	B	0.11%
ZS	C	0.11%
TSN	B	0.11%
GPC	D	0.11%
SNA	A	0.11%
BBY	D	0.11%
BR	A	0.11%
LUV	B	0.11%
STX	D	0.11%
OMC	C	0.11%
NEE	D	0.11%
DASH	A	0.11%
KEY	A	0.11%
WSO	A	0.11%
SNPS	B	0.11%
VTRS	B	0.1%
CAT	B	0.1%
DELL	C	0.1%
MAA	B	0.1%
SUI	D	0.09%
DOC	C	0.09%
AMCR	D	0.09%
DDOG	A	0.09%
FNF	B	0.09%
EWBC	B	0.09%
BAX	F	0.09%
UDR	B	0.08%
FDX	B	0.08%
SWK	D	0.08%
AXON	B	0.08%
VLO	C	0.08%
LVS	C	0.08%
EVRG	A	0.08%
SWKS	F	0.08%
EOG	C	0.07%
WPC	D	0.07%
CG	B	0.07%
JNPR	F	0.07%
EMN	D	0.07%
BXP	D	0.07%
HST	C	0.07%
CPT	B	0.07%
GEN	A	0.07%
ELS	C	0.07%
AES	F	0.06%
WDAY	C	0.06%
APA	F	0.06%
SLB	C	0.06%
HUBS	B	0.06%
SNOW	C	0.06%
CNH	A	0.06%
TTD	B	0.06%
NET	B	0.06%
GD	F	0.06%
LKQ	D	0.06%
HUBB	B	0.06%
MDB	C	0.05%
HRL	D	0.05%
APH	B	0.05%
TAP	C	0.05%
BEN	C	0.04%
TSCO	C	0.04%
SQ	B	0.04%
ENTG	D	0.04%
CRBG	B	0.04%
WMT	B	0.03%
SMCI	D	0.03%
AGR	B	0.02%
SYK	C	0.02%
OKTA	C	0.02%
DT	C	0.02%
FIS	D	0.02%
TER	F	0.02%
SIRI	C	0.01%
BSY	D	0.01%

UDIV Underweight 73 Positions Relative to LKOR

Symbol	Grade	Weight
ACGL	D	-0.55%
HSBC	B	-0.48%
KOF	F	-0.37%
BA	D	-0.37%
CP	D	-0.29%
NNN	D	-0.29%
TEL	B	-0.28%
JEF	A	-0.26%
NOC	D	-0.26%
CHTR	C	-0.26%
MMC	A	-0.24%
GWW	A	-0.24%
BHP	F	-0.24%
HCA	F	-0.24%
DOV	A	-0.24%
KDP	D	-0.24%
MKL	A	-0.24%
LMT	D	-0.24%
FOXA	C	-0.24%
LH	B	-0.23%
PGR	A	-0.23%
MCK	C	-0.23%
AIG	B	-0.23%
WRB	A	-0.23%
ATO	A	-0.23%
BDX	F	-0.23%
MRO	B	-0.22%
VMI	A	-0.22%
SRE	A	-0.21%
SHW	A	-0.21%
EG	C	-0.2%
HIG	B	-0.2%
PAA	B	-0.2%
STZ	D	-0.19%
NDAQ	A	-0.19%
ZTS	D	-0.19%
LEA	F	-0.18%
AIZ	B	-0.18%
EPD	B	-0.18%
REGN	F	-0.17%
SPGI	C	-0.16%
HAL	C	-0.14%
APTV	F	-0.13%
EFX	D	-0.13%
HAS	D	-0.13%
AON	A	-0.13%
GM	B	-0.13%
AFL	B	-0.12%
MCO	A	-0.12%
CSX	B	-0.12%
BWA	C	-0.11%
MLM	B	-0.11%
CHD	B	-0.11%
RJF	A	-0.11%
OC	B	-0.11%
MAS	C	-0.11%
FMC	D	-0.11%
BABA	D	-0.11%
OTIS	C	-0.1%
VRSK	A	-0.1%
DHR	D	-0.1%
ELV	F	-0.1%
RPM	A	-0.1%
BHF	B	-0.1%
WTW	B	-0.1%
MDLZ	F	-0.09%
EA	C	-0.09%
BIIB	F	-0.09%
PCG	B	-0.09%
HUM	C	-0.07%
SIGI	B	-0.06%
LHX	C	-0.05%
FTV	B	-0.05%