CVIE vs. TLTD ETF Comparison

Comparison of Calvert International Responsible Index ETF (CVIE) to FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD)

CVIE

Calvert International Responsible Index ETF

CVIE Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies in developed markets, excluding the U.S., that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$56.67

Average Daily Volume

10,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TLTD

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

TLTD Description

The investment seeks investment results that correspond generally to the price and yield performance of the MorningstarÂ® Developed Markets ex-US Factor Tilt IndexSM. The fund generally will invest under normal circumstances at least 80% of total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index reflects the performance of a selection of equity securities designed to provide broad exposure to the global developed equities markets, excluding the U.S., with increased exposure to small-capitalization stocks and value stocks.

Grade (RS Rating)

Last Trade

$70.47

Average Daily Volume

8,895

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CVIE	TLTD
30 Days	-1.63%	-1.31%
60 Days	-4.44%	-4.89%
90 Days	-4.52%	-4.70%
12 Months	12.79%	12.83%

24 Overlapping Holdings

Symbol	Grade	Weight in CVIE	Weight in TLTD	Overlap
ABBV	D	0.47%	0.25%	0.25%
AGCO	D	0.1%	0.03%	0.03%
CCEP	C	0.13%	0.04%	0.04%
CNI	D	0.44%	0.17%	0.17%
DEO	F	0.41%	0.18%	0.18%
HSBH	B	0.9%	0.68%	0.68%
LOGI	D	0.05%	0.04%	0.04%
LYG	F	0.27%	0.18%	0.18%
MFG	B	0.34%	0.24%	0.24%
MUFG	B	0.72%	0.41%	0.41%
NMR	B	0.14%	0.05%	0.05%
NVS	D	0.98%	0.58%	0.58%
OTEX	D	0.03%	0.03%	0.03%
QGEN	D	0.05%	0.03%	0.03%
RBA	A	0.11%	0.05%	0.05%
SHOP	B	0.79%	0.38%	0.38%
SMFG	B	0.52%	0.27%	0.27%
SONY	B	0.66%	0.32%	0.32%
STLA	F	0.12%	0.12%	0.12%
TD	F	0.53%	0.39%	0.39%
TM	D	1.13%	0.84%	0.84%
UL	D	0.76%	0.41%	0.41%
WCN	A	0.34%	0.14%	0.14%
WFG	D	0.05%	0.02%	0.02%

CVIE Overweight 21 Positions Relative to TLTD

Symbol	Grade	Weight
CB	C	0.47%
SPOT	B	0.31%
NXPI	D	0.27%
GRMN	B	0.15%
SE	B	0.15%
CHKP	D	0.14%
KB	B	0.13%
ICLR	D	0.12%
UMC	F	0.12%
CYBR	B	0.11%
SHG	D	0.11%
FLEX	A	0.1%
MNDY	C	0.08%
AER	B	0.08%
NICE	C	0.08%
ONON	A	0.07%
WIX	B	0.07%
CHT	D	0.07%
XRX	F	0.06%
GRAB	B	0.04%
BNTX	D	0.04%

CVIE Underweight 22 Positions Relative to TLTD

Symbol	Grade	Weight
BCS	C	-0.2%
HMC	F	-0.17%
E	F	-0.14%
FLUT	A	-0.12%
DOOO	F	-0.12%
GOLD	D	-0.08%
PDS	C	-0.06%
BBUC	B	-0.04%
TAC	B	-0.03%
AEI	D	-0.02%
ECO	F	-0.02%
LSPD	C	-0.02%
DNN	B	-0.02%
FLNG	B	-0.01%
ELBM	F	-0.01%
MNTX	C	-0.01%
GOGL	F	-0.01%
ORLA	C	-0.01%
MBAVU	D	-0.01%
TIGO	D	-0.01%
RENB	F	-0.0%
TRMD	F	-0.0%