BND vs. RAVI ETF Comparison

Comparison of Vanguard Total Bond Market ETF (BND) to FlexShares Ready Access Variable Income Fund (RAVI)

BND

Vanguard Total Bond Market ETF

BND Description

The investment seeks the performance of a broad, market-weighted bond index. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Aggregate Float Adjusted Index. This Index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$72.56

Average Daily Volume

5,867,123

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.43

Average Daily Volume

74,707

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	BND	RAVI
30 Days	-0.79%	0.38%
60 Days	-3.05%	0.67%
90 Days	-2.04%	1.22%
12 Months	6.06%	5.43%

99 Overlapping Holdings

Symbol	Grade	Weight in BND	Weight in RAVI	Overlap
ABBV	F	0.01%	0.13%	0.01%
AEE	A	0.01%	0.17%	0.01%
AEP	C	0.01%	0.38%	0.01%
AIG	B	0.01%	0.57%	0.01%
AL	B	0.01%	0.25%	0.01%
AMT	C	0.01%	0.13%	0.01%
AMZN	C	0.01%	0.42%	0.01%
AON	A	0.01%	0.46%	0.01%
ARCC	A	0.01%	0.3%	0.01%
AZN	F	0.01%	0.15%	0.01%
AZO	C	0.01%	0.52%	0.01%
BA	F	0.01%	0.15%	0.01%
BAC	A	0.01%	0.57%	0.01%
BDX	F	0.01%	0.51%	0.01%
BHF	C	0.01%	0.17%	0.01%
BMY	B	0.01%	0.43%	0.01%
BNS	A	0.01%	0.52%	0.01%
C	A	0.01%	0.24%	0.01%
CAT	B	0.01%	0.26%	0.01%
CCI	C	0.01%	0.49%	0.01%
CFG	B	0.01%	0.29%	0.01%
CI	D	0.01%	0.67%	0.01%
CLX	A	0.01%	0.26%	0.01%
CM	A	0.01%	0.62%	0.01%
CMCSA	B	0.01%	0.28%	0.01%
CMS	C	0.01%	0.24%	0.01%
CNH	C	0.01%	0.13%	0.01%
CNP	A	0.01%	0.2%	0.01%
COF	C	0.01%	0.06%	0.01%
CP	F	0.01%	0.27%	0.01%
CRM	B	0.01%	0.4%	0.01%
CVS	D	0.01%	0.16%	0.01%
CVX	A	0.01%	0.33%	0.01%
D	C	0.01%	0.51%	0.01%
DB	D	0.01%	0.28%	0.01%
DELL	B	0.01%	0.28%	0.01%
DHI	F	0.01%	0.13%	0.01%
DHR	F	0.01%	0.86%	0.01%
DTE	C	0.01%	0.77%	0.01%
DUK	C	0.01%	0.07%	0.01%
ED	C	0.01%	1.05%	0.01%
EFX	F	0.01%	0.1%	0.01%
ETR	B	0.01%	0.38%	0.01%
FIS	C	0.01%	0.23%	0.01%
FITB	B	0.01%	0.22%	0.01%
FOXA	A	0.01%	0.21%	0.01%
GE	D	0.01%	0.76%	0.01%
GILD	C	0.01%	0.59%	0.01%
GM	C	0.01%	0.1%	0.01%
GP	F	0.01%	0.59%	0.01%
GS	A	0.01%	0.26%	0.01%
HPE	B	0.01%	0.11%	0.01%
HRL	D	0.01%	0.07%	0.01%
HSBC	A	0.01%	0.29%	0.01%
ICE	C	0.01%	0.15%	0.01%
JPM	A	0.01%	0.03%	0.01%
KDP	F	0.01%	0.95%	0.01%
KEY	B	0.01%	0.16%	0.01%
LEN	D	0.01%	0.26%	0.01%
LUV	C	0.01%	0.18%	0.01%
LYB	F	0.01%	0.83%	0.01%
MCHP	F	0.01%	0.22%	0.01%
MDLZ	F	0.01%	0.09%	0.01%
MET	A	0.01%	0.13%	0.01%
MKC	C	0.01%	0.17%	0.01%
MLM	C	0.01%	0.28%	0.01%
MS	A	0.01%	0.06%	0.01%
MUFG	B	0.01%	0.14%	0.01%
NDAQ	A	0.01%	0.31%	0.01%
NEE	C	0.01%	0.57%	0.01%
NVDA	B	0.01%	0.52%	0.01%
NWG	A	0.01%	0.15%	0.01%
NYC	D	0.01%	0.21%	0.01%
OGE	A	0.01%	0.39%	0.01%
OGS	A	0.01%	1.05%	0.01%
OTIS	C	0.01%	0.95%	0.01%
PCAR	B	0.01%	0.05%	0.01%
PPL	A	0.01%	0.22%	0.01%
PSX	C	0.01%	0.16%	0.01%
PYPL	B	0.01%	0.95%	0.01%
R	B	0.01%	0.08%	0.01%
ROP	B	0.01%	0.07%	0.01%
RY	A	0.01%	0.51%	0.01%
SBUX	A	0.01%	0.18%	0.01%
SCHW	B	0.01%	0.42%	0.01%
SJM	D	0.01%	0.57%	0.01%
SO	C	0.01%	0.26%	0.01%
SYK	B	0.01%	0.49%	0.01%
T	A	0.01%	0.3%	0.01%
TD	D	0.01%	0.51%	0.01%
TFC	A	0.01%	0.59%	0.01%
TSN	B	0.01%	0.7%	0.01%
UBS	B	0.01%	0.16%	0.01%
UNH	B	0.01%	0.43%	0.01%
VFC	C	0.01%	0.39%	0.01%
VLO	C	0.01%	1.51%	0.01%
VZ	C	0.01%	0.1%	0.01%
WFC	A	0.01%	0.26%	0.01%
WM	B	0.01%	0.69%	0.01%

BND Overweight 446 Positions Relative to RAVI

Symbol	Grade	Weight
WIT	B	0.09%
LXP	D	0.01%
LVS	B	0.01%
NKE	F	0.01%
MMC	B	0.01%
PAA	B	0.01%
NFG	A	0.01%
LRCX	F	0.01%
OSK	C	0.01%
NEM	D	0.01%
MKL	A	0.01%
ORLY	B	0.01%
ORI	A	0.01%
LNT	A	0.01%
LMT	D	0.01%
LLY	F	0.01%
OCSL	F	0.01%
OC	A	0.01%
NWE	B	0.01%
NVR	D	0.01%
MSI	B	0.01%
MCY	A	0.01%
NTRS	A	0.01%
MCK	A	0.01%
MCD	D	0.01%
PDM	D	0.01%
NSC	B	0.01%
GSBD	F	0.01%
ITW	B	0.01%
HUN	F	0.01%
HUBB	B	0.01%
HSY	F	0.01%
GPN	B	0.01%
HRB	D	0.01%
HPP	F	0.01%
HON	C	0.01%
JNPR	D	0.01%
JNJ	C	0.01%
IPG	D	0.01%
IP	A	0.01%
INVH	D	0.01%
INGR	C	0.01%
HII	F	0.01%
ILMN	C	0.01%
HBAN	A	0.01%
JBLU	F	0.01%
JBL	C	0.01%
JBHT	C	0.01%
GWW	B	0.01%
ET	A	0.01%
EQIX	A	0.01%
EOG	A	0.01%
EMR	B	0.01%
EMN	C	0.01%
FTV	C	0.01%
EIX	B	0.01%
FSK	A	0.01%
CAH	B	0.01%
CAF	D	0.01%
BXP	C	0.01%
BWA	D	0.01%
BRO	B	0.01%
BR	A	0.01%
DLTR	F	0.01%
FHN	A	0.01%
DGX	A	0.01%
DE	B	0.01%
FDX	B	0.01%
ECL	D	0.01%
EBAY	D	0.01%
CUBE	C	0.01%
DVN	F	0.01%
CTVA	C	0.01%
FANG	C	0.01%
CTAS	B	0.01%
CSX	C	0.01%
FAF	A	0.01%
FLEX	B	0.01%
EXR	C	0.01%
EXPE	B	0.01%
EXC	C	0.01%
DRI	B	0.01%
DOW	F	0.01%
DOV	A	0.01%
DSS	F	0.01%
COKE	C	0.01%
ALB	B	0.01%
AJG	A	0.01%
AYI	B	0.01%
AWH	F	0.01%
AVY	F	0.01%
AVA	A	0.01%
AFL	B	0.01%
AFG	A	0.01%
AER	A	0.01%
ADSK	A	0.01%
ADI	D	0.01%
CHI	A	0.01%
ADBE	C	0.01%
BLK	B	0.01%
BKH	A	0.01%
BK	A	0.01%
BIIB	F	0.01%
APTV	F	0.01%
APO	B	0.01%
BIDU	F	0.01%
APH	A	0.01%
APD	A	0.01%
BERY	C	0.01%
AMCR	C	0.01%
AMAT	F	0.01%
CPB	D	0.01%
COST	A	0.01%
COO	D	0.01%
A	D	0.01%
THG	A	0.01%
TEL	B	0.01%
SYY	D	0.01%
ZTS	D	0.01%
ZION	B	0.01%
ZBH	C	0.01%
TRMB	B	0.01%
TME	D	0.01%
PKG	A	0.01%
PHM	D	0.01%
PGR	A	0.01%
NOW	A	0.01%
NOV	C	0.01%
NNN	C	0.01%
OKE	A	0.01%
OHI	C	0.01%
LHX	C	0.01%
LH	B	0.01%
O	C	0.01%
LEA	F	0.01%
LDOS	C	0.01%
MPLX	A	0.01%
MPC	D	0.01%
IVZ	B	0.01%
GLW	B	0.01%
GLPI	C	0.01%
JLL	D	0.01%
GL	C	0.01%
JHG	B	0.01%
JEF	A	0.01%
JD	D	0.01%
L	A	0.01%
JCI	B	0.01%
KMT	B	0.01%
KMPR	A	0.01%
KMB	C	0.01%
GBDC	D	0.01%
UNM	A	0.01%
WEC	A	0.01%
WB	D	0.01%
TXN	C	0.01%
VTR	B	0.01%
SYF	B	0.01%
SWK	D	0.01%
VRSN	C	0.01%
VRSK	A	0.01%
VNT	C	0.01%
STZ	D	0.01%
STLD	B	0.01%
XEL	A	0.01%
WTFC	A	0.01%
WPC	C	0.01%
SLG	B	0.01%
SKT	A	0.01%
SITC	D	0.01%
RS	B	0.01%
RPM	A	0.01%
ROST	D	0.01%
PWR	A	0.01%
RL	C	0.01%
RIV	A	0.01%
PFG	D	0.01%
SCS	C	0.01%
RGA	A	0.01%
REXR	F	0.01%
SAVE	F	0.01%
REGN	F	0.01%
SPGI	C	0.01%
SPG	A	0.01%
SAFE	F	0.01%
EG	C	0.01%
PPG	F	0.01%
SON	F	0.01%
SNX	D	0.01%
SNV	C	0.01%
MOS	F	0.01%
MAS	D	0.01%
MA	B	0.01%
MMM	D	0.01%
NHI	D	0.01%
NEU	D	0.01%
LOW	C	0.01%
LNC	C	0.01%
MHK	D	0.01%
LIN	C	0.01%
NXPI	D	0.01%
MU	D	0.01%
MTB	A	0.01%
NVT	B	0.01%
MCO	B	0.01%
NUE	C	0.01%
NTAP	C	0.01%
HUM	C	0.01%
HST	C	0.01%
GPC	D	0.01%
HR	B	0.01%
GOOGL	C	0.01%
HPQ	B	0.01%
HP	C	0.01%
HOG	D	0.01%
INTU	B	0.01%
HIW	C	0.01%
HIG	B	0.01%
HES	B	0.01%
IFF	D	0.01%
IEX	C	0.01%
HAS	D	0.01%
H	B	0.01%
GXO	B	0.01%
ESS	B	0.01%
ESGR	B	0.01%
ES	C	0.01%
EQR	C	0.01%
EQH	C	0.01%
EPRT	B	0.01%
EPR	C	0.01%
FTNT	C	0.01%
FRT	B	0.01%
FNF	B	0.01%
EW	C	0.01%
EVRG	A	0.01%
ETN	A	0.01%
CAG	F	0.01%
BSX	A	0.01%
BRX	A	0.01%
AAT	B	0.01%
AAP	D	0.01%
PEG	A	0.01%
PECO	A	0.01%
DOC	C	0.01%
DG	F	0.01%
DFS	B	0.01%
EL	F	0.01%
FE	C	0.01%
EE	A	0.01%
DAL	B	0.01%
EA	A	0.01%
DXC	B	0.01%
CTS	C	0.01%
CSL	C	0.01%
FMC	D	0.01%
FLS	B	0.01%
FLO	D	0.01%
DOX	D	0.01%
BC	C	0.01%
BBY	D	0.01%
ALLE	C	0.01%
ALL	A	0.01%
COE	C	0.01%
BAX	F	0.01%
AIZ	A	0.01%
CNO	B	0.01%
CNA	C	0.01%
CMI	A	0.01%
AXS	A	0.01%
AWK	C	0.01%
AVT	C	0.01%
CME	B	0.01%
CMA	B	0.01%
AVB	B	0.01%
AGR	A	0.01%
AGO	B	0.01%
ATO	A	0.01%
CL	D	0.01%
CINF	A	0.01%
AES	F	0.01%
ADP	A	0.01%
ADM	D	0.01%
CHRW	B	0.01%
CHH	A	0.01%
CHD	A	0.01%
BMO	A	0.01%
ARW	D	0.01%
ADC	A	0.01%
ACGL	C	0.01%
CF	A	0.01%
BKNG	A	0.01%
ARE	F	0.01%
CE	F	0.01%
CDNS	B	0.01%
BG	D	0.01%
CBT	D	0.01%
CBOE	C	0.01%
BEN	C	0.01%
AN	C	0.01%
AMP	A	0.01%
CACC	D	0.01%
CPT	B	0.01%
BDN	C	0.01%
BCSF	C	0.01%
AMH	C	0.01%
AMG	B	0.01%
AAL	B	0.01%
TGT	F	0.01%
TDY	B	0.01%
TAP	C	0.01%
TRV	B	0.01%
XYL	D	0.01%
XRAY	F	0.01%
TMO	F	0.01%
TKR	D	0.01%
TJX	A	0.01%
PH	A	0.01%
PG	C	0.01%
OPI	F	0.01%
LII	A	0.01%
LEG	F	0.01%
LAZ	B	0.01%
MRVL	B	0.01%
MRO	B	0.01%
MP	C	0.01%
KIM	A	0.01%
KEYS	A	0.01%
KEX	B	0.01%
K	A	0.01%
GIS	D	0.01%
KSS	F	0.01%
KRG	B	0.01%
KRC	B	0.01%
KR	B	0.01%
KOF	F	0.01%
KMI	A	0.01%
KLAC	F	0.01%
GD	D	0.01%
UPS	C	0.01%
UNP	C	0.01%
WELL	A	0.01%
UHS	D	0.01%
UDR	B	0.01%
WBS	A	0.01%
WBA	F	0.01%
WAB	B	0.01%
TXT	D	0.01%
TT	A	0.01%
TSLX	C	0.01%
TSCO	D	0.01%
SWX	B	0.01%
SWKS	F	0.01%
VOYA	B	0.01%
VNO	C	0.01%
VMI	B	0.01%
SUI	C	0.01%
STT	B	0.01%
VMC	B	0.01%
STLA	F	0.01%
STE	D	0.01%
WY	F	0.01%
WU	F	0.01%
WTRG	B	0.01%
WEST	C	0.01%
WRB	A	0.01%
WMB	A	0.01%
WLK	D	0.01%
WHR	B	0.01%
PNW	A	0.01%
SNA	A	0.01%
RYN	D	0.01%
PNR	A	0.01%
QRVO	F	0.01%
PM	B	0.01%
PLD	F	0.01%
SLB	C	0.01%
RSG	A	0.01%
QCOM	F	0.01%
SIGI	C	0.01%
RPRX	D	0.01%
ROK	C	0.01%
RNR	C	0.01%
SF	B	0.01%
RJF	A	0.01%
PSEC	D	0.01%
PSA	C	0.01%
RF	A	0.01%
SBRA	C	0.01%
REG	A	0.01%
PRE	D	0.01%
MAR	A	0.01%
MAIN	A	0.01%
MAA	B	0.01%
NOC	D	0.01%
OMC	C	0.01%
MRK	D	0.01%
USB	A	0.01%
UAL	A	0.01%
VTRS	A	0.01%
SHW	B	0.01%
SCCO	F	0.01%
BHP	F	0.01%
CARR	C	0.01%
DIS	B	0.01%
DD	C	0.01%
EDC	F	0.01%
MO	A	0.01%
GSK	F	0.01%
HAL	C	0.01%
EPD	A	0.01%
KO	D	0.01%
SRE	A	0.01%
WMT	A	0.01%
PNC	B	0.01%
PFE	F	0.01%
PRU	A	0.01%
COP	C	0.01%
HD	B	0.01%
HCA	F	0.01%
EQNR	C	0.01%
CB	C	0.01%
PEP	F	0.01%
DLR	B	0.01%
CSCO	B	0.01%
ALLY	C	0.01%
BABA	D	0.01%
NI	A	0.01%
MDT	D	0.01%
VOD	F	0.01%
RTX	D	0.01%
IBM	C	0.01%
DT	D	0.01%
ORCL	A	0.01%
AVGO	D	0.01%
CHTR	C	0.01%
ABT	B	0.01%
AMGN	F	0.01%
AAPL	C	0.01%
INTC	C	0.01%
AXP	A	0.01%
XOM	B	0.01%
V	A	0.01%
PCG	A	0.01%
TMUS	B	0.01%
MSFT	D	0.01%

BND Underweight 2 Positions Relative to RAVI

	Symbol	Grade	Weight
	ATHS	D	-0.26%
	SEB	F	-0.16%