CRTC vs. LKOR ETF Comparison

Comparison of Xtrackers US National Critical Technologies ETF (CRTC) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)

CRTC

Xtrackers US National Critical Technologies ETF

CRTC Description

CRTC tracks an index of large- and mid-cap companies considered to support critical emerging technologies to the US and its allies. Companies must be associated with one of 14 critical technology sectors and pose low geopolitical risk. Critical technology sectors are determined by a division of the US DoD and include biotechnology, quantum science, wireless tech, advanced materials, advanced computing or software, directed or renewable energy, human-machine interfaces, hypersonics, integration of systems, integrated sensing and cyber, microelectronics, space technology, AI and autonomy. A model developed by J.H. Whitney aims to quantify the level of entanglement that companies share with nation-states defined as adversarial to the US. Companies with a lower geostrategic risk rating are considered. A selection party determines the index holdings on the last Thursday of January, April, July, and October. Holdings are market cap weighted. Rebalance occurs ten days after the selection date.

Grade (RS Rating)

Last Trade

$32.37

Average Daily Volume

2,990

Number of Holdings ^*

156

* 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

$43.00

Average Daily Volume

6,834

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	CRTC	LKOR
30 Days	2.76%	-0.56%
60 Days	3.55%	-5.06%
90 Days	4.69%	-3.66%
12 Months	28.11%	9.17%

41 Overlapping Holdings

Symbol	Grade	Weight in CRTC	Weight in LKOR	Overlap
ABBV	D	1.89%	0.33%	0.33%
AEP	D	0.33%	0.28%	0.28%
AMGN	D	0.99%	0.23%	0.23%
AMZN	C	5.26%	0.18%	0.18%
BA	F	0.7%	0.37%	0.37%
BIIB	F	0.14%	0.09%	0.09%
CHTR	C	0.24%	0.26%	0.24%
CMCSA	B	1.04%	0.24%	0.24%
CSCO	B	1.46%	0.23%	0.23%
D	C	0.31%	0.23%	0.23%
DHR	F	0.98%	0.1%	0.1%
DOV	A	0.17%	0.24%	0.17%
DOW	F	0.2%	0.32%	0.2%
EA	A	0.25%	0.09%	0.09%
EIX	B	0.21%	0.21%	0.21%
EMR	A	0.47%	0.12%	0.12%
EXC	C	0.25%	0.22%	0.22%
FTV	C	0.17%	0.05%	0.05%
GILD	C	0.7%	0.35%	0.35%
GM	B	0.39%	0.13%	0.13%
GOOGL	C	4.97%	0.12%	0.12%
HON	B	0.94%	0.25%	0.25%
HPE	B	0.18%	0.37%	0.18%
IBM	C	1.27%	0.23%	0.23%
INTC	D	0.66%	0.37%	0.37%
ITW	B	0.5%	0.06%	0.06%
JCI	C	0.35%	0.13%	0.13%
LH	C	0.13%	0.23%	0.13%
LHX	C	0.3%	0.05%	0.05%
LMT	D	0.81%	0.24%	0.24%
MSFT	F	4.94%	0.1%	0.1%
NOC	D	0.46%	0.26%	0.26%
NVDA	C	5.31%	0.21%	0.21%
ORCL	B	1.97%	0.25%	0.25%
REGN	F	0.5%	0.17%	0.17%
RPRX	D	0.06%	0.09%	0.06%
SO	D	0.61%	0.11%	0.11%
T	A	1.04%	0.09%	0.09%
VZ	C	1.14%	0.18%	0.18%
XOM	B	3.41%	0.12%	0.12%
ZTS	D	0.51%	0.19%	0.19%

CRTC Overweight 115 Positions Relative to LKOR

Symbol	Grade	Weight
CRM	B	1.94%
CVX	A	1.89%
ADBE	C	1.4%
NOW	A	1.34%
ABT	B	1.28%
TMO	F	1.25%
INTU	C	1.14%
NEE	D	1.01%
RTX	C	1.01%
ETN	A	0.91%
AMAT	F	0.9%
PFE	D	0.9%
BSX	B	0.85%
PANW	C	0.81%
PLTR	B	0.8%
SHOP	B	0.8%
ADP	B	0.78%
BMY	B	0.75%
VRTX	F	0.74%
TMUS	B	0.72%
MDT	D	0.69%
ADI	D	0.67%
ANET	C	0.63%
GEV	B	0.6%
PH	A	0.57%
LRCX	F	0.57%
CDNS	B	0.53%
SNPS	B	0.53%
MSI	B	0.52%
CRWD	B	0.51%
GD	F	0.49%
CEG	D	0.47%
TDG	D	0.45%
ADSK	A	0.42%
CARR	D	0.4%
FCX	D	0.39%
FTNT	C	0.37%
ROP	B	0.37%
TTD	B	0.36%
PCAR	B	0.36%
PSX	C	0.35%
DASH	A	0.35%
WDAY	B	0.35%
FICO	B	0.35%
MPC	D	0.34%
SQ	B	0.31%
FIS	C	0.3%
VLO	C	0.28%
AME	A	0.28%
IR	B	0.27%
SNOW	C	0.26%
DELL	C	0.26%
CTSH	B	0.25%
TEAM	A	0.25%
DDOG	A	0.25%
A	D	0.24%
GEHC	F	0.24%
IDXX	F	0.22%
DD	D	0.22%
HUBS	A	0.22%
IQV	D	0.22%
ARGX	A	0.22%
RMD	C	0.22%
ETR	B	0.21%
CSGP	D	0.2%
VEEV	C	0.2%
ROK	B	0.2%
ALNY	D	0.2%
DXCM	D	0.19%
GPN	B	0.19%
ANSS	B	0.19%
TTWO	A	0.19%
KEYS	A	0.18%
NET	B	0.18%
BR	A	0.17%
RBLX	C	0.17%
MTD	D	0.16%
PPL	B	0.16%
FE	C	0.15%
WAT	B	0.14%
LDOS	C	0.14%
EXPE	B	0.14%
WBD	C	0.14%
MDB	C	0.13%
ZBRA	B	0.13%
ZM	B	0.13%
ILMN	D	0.13%
ZS	C	0.12%
GEN	B	0.11%
TER	D	0.11%
EXPD	D	0.11%
ICLR	D	0.11%
VRSN	F	0.11%
TRMB	B	0.11%
PINS	D	0.11%
DGX	A	0.11%
TXT	D	0.1%
CHKP	D	0.1%
SSNC	B	0.1%
XRX	F	0.1%
AVTR	F	0.09%
INCY	C	0.09%
OKTA	C	0.08%
BMRN	D	0.08%
MRNA	F	0.08%
CYBR	B	0.08%
AKAM	D	0.08%
WIX	B	0.08%
DOX	D	0.07%
AGR	B	0.07%
CLBT	B	0.07%
SNAP	C	0.07%
ENPH	F	0.06%
OTEX	D	0.06%
MNDY	C	0.06%

CRTC Underweight 122 Positions Relative to LKOR

Symbol	Grade	Weight
PM	B	-0.7%
SCCO	F	-0.64%
ACGL	D	-0.55%
DUK	C	-0.5%
HSBC	B	-0.48%
LNT	A	-0.4%
V	A	-0.4%
FITB	A	-0.39%
KOF	F	-0.37%
NI	A	-0.37%
CVS	D	-0.36%
CAH	B	-0.31%
CP	D	-0.29%
NNN	D	-0.29%
ED	D	-0.29%
RF	A	-0.28%
TEL	B	-0.28%
AMT	D	-0.27%
KMB	D	-0.26%
JEF	A	-0.26%
MMM	D	-0.26%
LOW	D	-0.25%
WFC	A	-0.25%
CAG	D	-0.24%
AEE	A	-0.24%
NEM	D	-0.24%
WEC	A	-0.24%
CMS	C	-0.24%
MMC	B	-0.24%
GWW	B	-0.24%
BHP	F	-0.24%
HCA	F	-0.24%
KDP	D	-0.24%
HPQ	B	-0.24%
MKL	A	-0.24%
OKE	A	-0.24%
FOXA	B	-0.24%
LYB	F	-0.23%
PGR	A	-0.23%
MCK	B	-0.23%
AIG	B	-0.23%
TXN	C	-0.23%
WRB	A	-0.23%
ATO	A	-0.23%
BDX	F	-0.23%
SBUX	A	-0.23%
BAC	A	-0.23%
MA	C	-0.22%
MRO	B	-0.22%
VMI	B	-0.22%
EL	F	-0.21%
SRE	A	-0.21%
GS	A	-0.21%
SHW	A	-0.21%
C	A	-0.21%
KLAC	D	-0.2%
EG	C	-0.2%
HIG	B	-0.2%
AVGO	D	-0.2%
PAA	B	-0.2%
MO	A	-0.2%
STZ	D	-0.19%
NDAQ	A	-0.19%
KO	D	-0.19%
CCI	D	-0.19%
KMI	A	-0.19%
HD	A	-0.19%
LEA	D	-0.18%
EBAY	D	-0.18%
CPB	D	-0.18%
AIZ	A	-0.18%
ARE	D	-0.18%
EPD	A	-0.18%
AAPL	C	-0.17%
SPGI	C	-0.16%
UNP	C	-0.16%
UNH	C	-0.16%
HAL	C	-0.14%
MS	A	-0.14%
MET	A	-0.14%
APTV	D	-0.13%
EFX	F	-0.13%
HAS	D	-0.13%
AON	A	-0.13%
TT	A	-0.12%
WELL	A	-0.12%
IFF	D	-0.12%
VTR	C	-0.12%
IPG	D	-0.12%
AFL	B	-0.12%
NSC	B	-0.12%
MCO	B	-0.12%
JNJ	D	-0.12%
CSX	B	-0.12%
MCD	D	-0.12%
PRU	A	-0.11%
BWA	D	-0.11%
MLM	B	-0.11%
CHD	B	-0.11%
DG	F	-0.11%
REG	B	-0.11%
RJF	A	-0.11%
OC	A	-0.11%
MAS	D	-0.11%
FMC	D	-0.11%
BABA	D	-0.11%
OTIS	C	-0.1%
VRSK	A	-0.1%
KIM	A	-0.1%
SJM	D	-0.1%
WBA	F	-0.1%
ELV	F	-0.1%
RPM	A	-0.1%
BHF	B	-0.1%
WTW	B	-0.1%
GLW	B	-0.1%
MDLZ	F	-0.09%
PCG	A	-0.09%
JPM	A	-0.09%
HUM	C	-0.07%
SIGI	C	-0.06%
ALL	A	-0.04%

CRTC: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Software - Infrastructure Diversified Industrials Biotechnology Aerospace & Defense Drug Manufacturers - Major Utilities - Regulated Electric Internet Content & Information Business Services Communication Equipment Information Technology Services Semiconductor Equipment & Materials Telecom Services Utilities - Diversified Medical Devices Oil & Gas Refining & Marketing Scientific & Technical Instruments Semiconductors Chemicals