AIEQ vs. NFRA ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.28

Average Daily Volume

7,436

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

NFRA

FlexShares STOXX Global Broad Infrastructure Index Fund

NFRA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXXÂ® Global Broad Infrastructure Index. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in its underlying index. The underlying index reflects the performance of a selection of equity securities of infrastructure-related companies that are domiciled or traded in developed and emerging markets around the world. It is non-diversified.

Grade (RS Rating)

Last Trade

$58.16

Average Daily Volume

78,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	NFRA
30 Days	9.30%	-0.44%
60 Days	10.19%	-2.07%
90 Days	11.69%	1.20%
12 Months	34.55%	17.31%

3 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in NFRA	Overlap
AM	A	0.1%	0.09%	0.09%
CHTR	C	1.38%	0.6%	0.6%
UHS	D	0.53%	0.17%	0.17%

AIEQ Overweight 133 Positions Relative to NFRA

Symbol	Grade	Weight
NVDA	C	4.07%
AMZN	C	3.9%
INTC	D	3.77%
GS	A	3.64%
GOOGL	C	3.4%
AVGO	D	3.35%
CRWD	B	2.94%
DIS	B	2.63%
PLTR	B	2.62%
ISRG	A	2.6%
NKE	D	2.52%
VRTX	F	2.27%
ELV	F	2.24%
APH	A	2.2%
CVX	A	2.09%
FI	A	2.08%
VST	B	1.88%
APP	B	1.73%
BA	F	1.65%
EMR	A	1.37%
SNOW	C	1.34%
FANG	D	1.32%
UPS	C	1.28%
ZS	C	1.02%
EW	C	1.02%
LPLA	A	1.01%
HST	C	0.98%
F	C	0.95%
RCL	A	0.94%
DXCM	D	0.94%
DASH	A	0.93%
TEAM	A	0.92%
LVS	C	0.89%
TDG	D	0.87%
HWM	A	0.82%
SQ	B	0.81%
HPE	B	0.77%
FSLR	F	0.77%
DFS	B	0.72%
EL	F	0.72%
BIIB	F	0.71%
WSM	B	0.66%
GPC	D	0.62%
STLD	B	0.62%
LNG	B	0.61%
CSL	C	0.59%
QRVO	F	0.59%
LYB	F	0.59%
GRMN	B	0.55%
OKTA	C	0.54%
MGM	D	0.54%
XPO	B	0.51%
PSTG	D	0.5%
LII	A	0.49%
RHP	B	0.47%
ETSY	D	0.43%
ENPH	F	0.43%
LLY	F	0.42%
FCNCA	A	0.42%
SFM	A	0.39%
IEX	B	0.37%
AAP	C	0.36%
GNRC	B	0.36%
HRB	D	0.35%
AOS	F	0.34%
CTLT	B	0.33%
SNX	C	0.33%
FN	D	0.32%
ESTC	C	0.31%
GL	B	0.3%
EXP	A	0.29%
KBR	F	0.29%
RH	B	0.29%
BWXT	B	0.29%
GFS	C	0.27%
NVT	B	0.27%
HOG	D	0.27%
HALO	F	0.25%
APA	D	0.24%
RYAN	B	0.24%
TECH	D	0.22%
OSK	B	0.22%
FLR	B	0.22%
TTC	D	0.22%
MTSI	B	0.21%
BPMC	C	0.21%
CMC	B	0.2%
BSY	D	0.19%
CNX	A	0.19%
HLI	B	0.19%
COOP	B	0.19%
SEE	C	0.18%
FIVN	C	0.18%
LNC	B	0.18%
HAE	C	0.18%
DCI	B	0.17%
EEFT	B	0.17%
NBIX	C	0.17%
VKTX	F	0.17%
ACI	C	0.17%
GMED	A	0.17%
CHRD	D	0.17%
LNTH	D	0.16%
TENB	C	0.16%
DINO	D	0.16%
MAN	D	0.16%
MUR	D	0.15%
SUM	B	0.15%
ITCI	C	0.14%
OMF	A	0.14%
PRGO	B	0.14%
RIVN	F	0.14%
TREX	C	0.14%
POWI	D	0.14%
JAZZ	B	0.14%
TDW	F	0.13%
ST	F	0.13%
CIVI	D	0.13%
ORA	B	0.13%
CHE	D	0.13%
SM	B	0.12%
HP	B	0.12%
LPX	B	0.12%
MSA	D	0.11%
VVV	F	0.11%
NOG	A	0.11%
TKR	D	0.11%
GATX	A	0.1%
EXPO	D	0.1%
CHX	C	0.07%
WFRD	D	0.07%
CFLT	B	0.07%
RIG	D	0.05%

AIEQ Underweight 61 Positions Relative to NFRA

Symbol	Grade	Weight
CNI	D	-3.39%
VZ	C	-2.67%
CMCSA	B	-2.6%
WCN	A	-2.53%
T	A	-2.47%
NEE	D	-2.41%
UNP	C	-2.23%
TMUS	B	-1.83%
SO	D	-1.47%
AMT	D	-1.41%
DUK	C	-1.33%
EQIX	A	-1.32%
WM	A	-1.26%
CEG	D	-1.09%
CSX	B	-1.08%
WMB	A	-1.05%
HCA	F	-1.02%
OKE	A	-0.98%
NSC	B	-0.93%
SRE	A	-0.9%
DLR	B	-0.86%
PCG	A	-0.85%
KMI	A	-0.82%
AEP	D	-0.77%
D	C	-0.72%
CCI	D	-0.69%
PEG	A	-0.67%
RSG	A	-0.66%
TRGP	B	-0.65%
EXC	C	-0.6%
XEL	A	-0.59%
ED	D	-0.52%
EIX	B	-0.5%
WEC	A	-0.47%
AWK	D	-0.4%
VLTO	D	-0.39%
SBAC	D	-0.36%
THC	D	-0.25%
CLH	B	-0.19%
LBRDK	C	-0.17%
EHC	B	-0.16%
DTM	B	-0.15%
WTRG	B	-0.15%
FYBR	D	-0.13%
CWST	A	-0.1%
SIRI	C	-0.09%
SEM	B	-0.07%
GEO	B	-0.06%
ACHC	F	-0.06%
CWT	D	-0.05%
AWR	B	-0.05%
HESM	B	-0.05%
IRDM	D	-0.05%
CCOI	B	-0.05%
CXW	B	-0.04%
PCT	C	-0.03%
SJW	D	-0.03%
UNIT	B	-0.02%
MSEX	B	-0.02%
NFE	D	-0.01%
FSLY	D	-0.01%