ESG vs. BUSA ETF Comparison

Comparison of FlexShares STOXX US ESG Impact Index Fund (ESG) to Brandes U.S. Value ETF (BUSA)

ESG

FlexShares STOXX US ESG Impact Index Fund

ESG Description

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX US ESG Impact Index.

Grade (RS Rating)

Last Trade

$140.22

Average Daily Volume

4,414

Number of Holdings ^*

259

* may have additional holdings in another (foreign) market

BUSA

Brandes U.S. Value ETF

BUSA Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of U.S. companies. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes), measured at the time of purchase, in securities of U.S. companies.

Grade (RS Rating)

Last Trade

$33.62

Average Daily Volume

25,043

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ESG	BUSA
30 Days	3.59%	4.78%
60 Days	3.59%	6.46%
90 Days	6.22%	6.78%
12 Months	27.36%	29.83%

29 Overlapping Holdings

Symbol	Grade	Weight in ESG	Weight in BUSA	Overlap
AIG	B	0.08%	1.61%	0.08%
AZO	C	0.09%	1.43%	0.09%
BAC	A	1.03%	2.86%	1.03%
BK	A	0.23%	1.95%	0.23%
BRK.A	B	3.02%	0.98%	0.98%
C	A	0.64%	2.38%	0.64%
CAH	B	0.09%	1.57%	0.09%
CI	F	0.3%	2.26%	0.3%
CSCO	B	0.96%	1.06%	0.96%
CTSH	B	0.1%	2.06%	0.1%
CTVA	C	0.06%	2.18%	0.06%
CVS	D	0.28%	1.19%	0.28%
CVX	A	1.36%	3.36%	1.36%
DOX	D	0.05%	2.34%	0.05%
EMR	A	0.12%	2.1%	0.12%
ETR	B	0.08%	1.55%	0.08%
FDX	B	0.22%	2.24%	0.22%
JNJ	D	1.79%	1.77%	1.77%
JPM	A	3.38%	2.2%	2.2%
LKQ	D	0.02%	1.15%	0.02%
MCK	B	0.26%	3.11%	0.26%
MRK	F	1.02%	1.92%	1.02%
MU	D	0.54%	1.31%	0.54%
OMC	C	0.1%	2.04%	0.1%
PFE	D	0.36%	1.95%	0.36%
SLB	C	0.31%	0.99%	0.31%
STT	A	0.07%	1.28%	0.07%
TFC	A	0.21%	1.08%	0.21%
WTW	B	0.15%	2.4%	0.15%

ESG Overweight 230 Positions Relative to BUSA

Symbol	Grade	Weight
AMZN	C	5.34%
META	D	5.19%
AAPL	C	4.84%
MSFT	F	4.72%
TSLA	B	2.83%
XOM	B	2.63%
LLY	F	2.2%
V	A	2.11%
AVGO	D	1.95%
PG	A	1.94%
WMT	A	1.82%
KO	D	1.2%
ACN	C	1.12%
MA	C	1.06%
COST	B	1.01%
HD	A	0.99%
IBM	C	0.95%
GS	A	0.92%
UNH	C	0.91%
DIS	B	0.81%
ADBE	C	0.76%
AMD	F	0.74%
ORCL	B	0.74%
BLK	C	0.72%
TJX	A	0.67%
ABT	B	0.66%
SPGI	C	0.65%
TXN	C	0.62%
QCOM	F	0.6%
UNP	C	0.58%
SYK	C	0.56%
BKNG	A	0.55%
CRM	B	0.53%
INTC	D	0.53%
LOW	D	0.51%
AMAT	F	0.5%
ADP	B	0.5%
UBER	D	0.49%
INTU	C	0.48%
ICE	C	0.44%
DE	A	0.44%
VRTX	F	0.4%
ELV	F	0.39%
USB	A	0.39%
BMY	B	0.39%
TT	A	0.38%
CTAS	B	0.37%
AMT	D	0.37%
NOW	A	0.36%
MDLZ	F	0.36%
MDT	D	0.36%
APO	B	0.35%
MCD	D	0.35%
ADSK	A	0.33%
ZTS	D	0.32%
WELL	A	0.32%
PANW	C	0.32%
GM	B	0.32%
CL	D	0.31%
CAT	B	0.31%
PYPL	B	0.29%
TGT	F	0.29%
VZ	C	0.28%
GILD	C	0.28%
MAR	B	0.28%
MMC	B	0.27%
CMG	B	0.27%
AON	A	0.27%
CRWD	B	0.26%
MS	A	0.26%
CB	C	0.26%
HLT	A	0.25%
TRV	B	0.24%
LRCX	F	0.24%
AFL	B	0.23%
FLUT	A	0.23%
NXPI	D	0.23%
KMB	D	0.22%
NKE	D	0.22%
SNPS	B	0.21%
BSX	B	0.21%
DUK	C	0.21%
KR	B	0.2%
ROST	C	0.2%
MET	A	0.2%
CBRE	B	0.2%
AEP	D	0.2%
SBUX	A	0.19%
LULU	C	0.19%
NEM	D	0.19%
GIS	D	0.18%
CEG	D	0.18%
DFS	B	0.18%
VICI	C	0.17%
CMI	A	0.17%
GWW	B	0.17%
IT	C	0.17%
ECL	D	0.17%
HPQ	B	0.17%
GEHC	F	0.17%
OTIS	C	0.16%
AJG	B	0.16%
SHW	A	0.15%
KLAC	D	0.15%
FCX	D	0.15%
HIG	B	0.14%
PEG	A	0.14%
HUBS	A	0.14%
SRE	A	0.14%
MCO	B	0.13%
EA	A	0.13%
EW	C	0.13%
AWK	D	0.13%
EIX	B	0.13%
IRM	D	0.13%
CDNS	B	0.13%
VRSK	A	0.13%
ROK	B	0.13%
ITW	B	0.13%
NDAQ	A	0.13%
WM	A	0.13%
HPE	B	0.12%
IQV	D	0.12%
DD	D	0.12%
TSCO	D	0.12%
YUM	B	0.12%
MSCI	C	0.12%
WY	D	0.11%
WDC	D	0.11%
VLO	C	0.11%
BDX	F	0.11%
DECK	A	0.11%
CLX	B	0.1%
XYL	D	0.1%
FDS	B	0.1%
EBAY	D	0.1%
DOW	F	0.1%
BKR	B	0.1%
HSY	F	0.1%
FTV	C	0.1%
WAB	B	0.09%
BR	A	0.09%
PSA	D	0.09%
BBY	D	0.09%
LII	A	0.09%
KHC	F	0.09%
K	A	0.09%
DOC	D	0.08%
D	C	0.08%
LNG	B	0.08%
FITB	A	0.08%
NU	C	0.08%
CCEP	C	0.08%
NTAP	C	0.08%
PFG	D	0.08%
WSM	B	0.08%
ADM	D	0.08%
CCL	B	0.08%
ALL	A	0.08%
RSG	A	0.07%
VTR	C	0.07%
ZBRA	B	0.07%
EXPE	B	0.07%
STZ	D	0.07%
GEN	B	0.07%
XPO	B	0.07%
BALL	D	0.07%
PNR	A	0.07%
NVT	B	0.06%
HOLX	D	0.06%
IPG	D	0.06%
MKC	D	0.06%
GLW	B	0.06%
A	D	0.06%
IDXX	F	0.06%
ESS	B	0.06%
RF	A	0.06%
ACM	A	0.06%
KDP	D	0.06%
HBAN	A	0.06%
EL	F	0.06%
XEL	A	0.06%
KEY	B	0.05%
DOV	A	0.05%
BURL	A	0.05%
SMCI	F	0.05%
FANG	D	0.05%
CMS	C	0.05%
MRO	B	0.05%
SUI	D	0.05%
RPRX	D	0.05%
ARE	D	0.05%
LNT	A	0.05%
ED	D	0.05%
MRNA	F	0.04%
APTV	D	0.04%
DLTR	F	0.04%
SWK	D	0.04%
DPZ	C	0.04%
WST	C	0.04%
IEX	B	0.04%
BAX	D	0.04%
NI	A	0.04%
LVS	C	0.04%
ZBH	C	0.04%
AES	F	0.04%
SNAP	C	0.04%
PPL	B	0.04%
NDSN	B	0.04%
NRG	B	0.04%
OC	A	0.03%
CAG	D	0.03%
LECO	B	0.03%
BG	F	0.03%
STX	D	0.03%
TSN	B	0.03%
EXPD	D	0.03%
MAS	D	0.03%
AKAM	D	0.03%
JBL	B	0.03%
OKTA	C	0.02%
HST	C	0.02%
SJM	D	0.02%
DKS	C	0.02%
FFIV	B	0.02%
TFX	F	0.02%
RNR	C	0.02%
AVTR	F	0.02%
PSTG	D	0.02%
DG	F	0.02%

ESG Underweight 26 Positions Relative to BUSA

Symbol	Grade	Weight
FI	A	-3.53%
WFC	A	-2.9%
FLEX	A	-2.58%
PNC	B	-2.57%
CMCSA	B	-2.48%
GOOG	C	-2.41%
HAL	C	-2.11%
TXT	D	-2.05%
SSNC	B	-2.02%
SNY	F	-1.96%
WRB	A	-1.91%
INGR	B	-1.69%
HCA	F	-1.68%
KVUE	A	-1.53%
LH	C	-1.49%
ACGL	D	-1.44%
WKC	D	-1.09%
KNX	B	-1.08%
OMF	A	-1.02%
GTES	A	-1.01%
SYY	B	-0.96%
GD	F	-0.91%
JCI	C	-0.87%
MHK	D	-0.83%
OTEX	D	-0.54%
QRVO	F	-0.5%