ESG vs. FIVG ETF Comparison

Comparison of FlexShares STOXX US ESG Impact Index Fund (ESG) to Defiance Next Gen Connectivity ETF (FIVG)

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

$135.12

Average Daily Volume

5,334

Number of Holdings ^*

258

* may have additional holdings in another (foreign) market

FIVG

Defiance Next Gen Connectivity ETF

FIVG Description

The investment seeks to track the total return performance, before fees and expenses, of the Bluestar 5G Communications Index (the index). The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. The index consists of a tiered, modified market capitalization-weighted portfolio of the U.S.-listed equity securities, including depositary receipts, of companies whose products or services are predominantly tied to the development of 5G networking and communication technologies. At least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$41.68

Average Daily Volume

49,097

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ESG	FIVG
30 Days	3.35%	-1.41%
60 Days	5.15%	6.06%
90 Days	5.94%	18.34%
12 Months	29.79%	26.27%

13 Overlapping Holdings

Symbol	Grade	Weight in ESG	Weight in FIVG	Overlap
AAPL	C	4.97%	4.85%	4.85%
AKAM	D	0.04%	1.68%	0.04%
AMT	C	0.44%	1.41%	0.44%
AVGO	C	1.92%	5.29%	1.92%
CCI	C	0.08%	1.39%	0.08%
CSCO	B	0.68%	3.91%	0.68%
DOX	C	0.05%	1.59%	0.05%
KEYS	B	0.04%	1.8%	0.04%
NTAP	D	0.08%	1.79%	0.08%
ORCL	B	0.65%	4.84%	0.65%
QCOM	D	0.61%	3.57%	0.61%
SWKS	F	0.02%	1.57%	0.02%
VZ	A	0.45%	1.46%	0.45%

ESG Overweight 245 Positions Relative to FIVG

Symbol	Grade	Weight
META	B	5.19%
AMZN	C	4.87%
MSFT	C	4.6%
TSLA	C	3.2%
JPM	D	2.93%
BRK.A	C	2.88%
LLY	D	2.51%
XOM	D	2.49%
PG	C	1.98%
JNJ	C	1.91%
V	C	1.8%
WMT	B	1.68%
GOOG	D	1.49%
KO	B	1.36%
UNH	C	1.28%
CVX	F	1.21%
MRK	F	1.2%
ACN	C	1.08%
MA	B	0.98%
COST	C	0.97%
IBM	B	0.97%
HD	B	0.93%
BAC	D	0.89%
AMD	C	0.81%
GS	B	0.78%
ADBE	F	0.76%
DIS	D	0.69%
SPGI	C	0.67%
TJX	C	0.65%
ABT	C	0.64%
BLK	B	0.63%
TXN	B	0.6%
UNP	D	0.6%
LOW	B	0.59%
C	C	0.57%
SYK	C	0.53%
AMAT	D	0.52%
ELV	D	0.5%
MU	D	0.49%
UBER	C	0.49%
NOW	C	0.47%
DE	A	0.46%
ADP	C	0.46%
BKNG	B	0.45%
CAT	B	0.44%
INTU	D	0.44%
ICE	C	0.44%
CRM	C	0.41%
LRCX	D	0.41%
PFE	D	0.4%
MDLZ	C	0.4%
VRTX	D	0.39%
PEP	D	0.38%
MDT	B	0.38%
INTC	D	0.37%
MMC	C	0.36%
ZTS	B	0.36%
CB	B	0.36%
USB	C	0.35%
TT	B	0.35%
CTAS	C	0.34%
MCD	B	0.34%
CL	C	0.34%
CI	C	0.33%
NKE	D	0.33%
BMY	C	0.32%
SLB	F	0.3%
WELL	C	0.3%
CVS	D	0.29%
ADSK	B	0.28%
TGT	C	0.28%
APO	B	0.26%
PANW	D	0.26%
SBUX	C	0.26%
GM	C	0.26%
MAR	B	0.25%
GILD	B	0.25%
AON	B	0.25%
NEM	C	0.25%
PYPL	B	0.25%
CMG	D	0.25%
SNPS	F	0.24%
NXPI	D	0.24%
KMB	C	0.23%
HLT	B	0.23%
AFL	A	0.23%
TRV	C	0.22%
BK	B	0.22%
CRWD	D	0.22%
GIS	B	0.21%
MS	B	0.21%
ROST	C	0.21%
MCK	F	0.21%
BSX	B	0.2%
COP	F	0.2%
FDX	D	0.19%
MET	B	0.19%
IQV	D	0.18%
CBRE	B	0.18%
GEHC	B	0.18%
KR	B	0.18%
BX	C	0.18%
TFC	D	0.18%
VICI	C	0.17%
HPQ	C	0.17%
ECL	B	0.17%
CMI	B	0.17%
LULU	D	0.16%
FCX	C	0.16%
KLAC	D	0.16%
OTIS	B	0.16%
SHW	B	0.15%
AJG	D	0.15%
IT	C	0.15%
GWW	B	0.15%
CTSH	B	0.15%
WTW	B	0.14%
IRM	C	0.14%
VRSK	D	0.13%
MCO	C	0.13%
EW	F	0.13%
HIG	B	0.13%
HSY	D	0.12%
WY	C	0.12%
YUM	B	0.12%
ITW	B	0.12%
DOW	C	0.12%
TSCO	B	0.12%
AIG	D	0.12%
VLO	F	0.11%
K	A	0.11%
SMCI	F	0.11%
FTV	C	0.11%
HUBS	D	0.11%
TEL	D	0.11%
NDAQ	C	0.11%
DD	B	0.11%
AWK	C	0.11%
CSX	C	0.11%
BBY	A	0.1%
CTVA	B	0.1%
HPE	C	0.1%
CLX	C	0.1%
MSCI	C	0.1%
EMR	D	0.1%
OMC	B	0.1%
KHC	C	0.1%
WDC	C	0.1%
BDX	D	0.1%
EBAY	B	0.1%
BALL	C	0.1%
BKR	C	0.09%
WSM	C	0.09%
CAH	C	0.09%
AZO	B	0.09%
LII	C	0.09%
AEP	C	0.09%
KDP	B	0.09%
URI	B	0.09%
IDXX	D	0.08%
EL	D	0.08%
CCEP	C	0.08%
VTR	C	0.08%
NU	C	0.08%
SW	B	0.08%
ARE	C	0.08%
WAB	B	0.08%
FIS	C	0.08%
XYL	C	0.08%
BR	C	0.08%
DECK	C	0.08%
DOC	B	0.08%
PFG	B	0.08%
DFS	C	0.08%
ALL	C	0.08%
ZBRA	B	0.07%
MKC	C	0.07%
A	C	0.07%
PEG	B	0.07%
FDS	C	0.07%
LNG	D	0.07%
STT	B	0.07%
F	F	0.07%
STZ	C	0.07%
FITB	B	0.07%
EXPE	C	0.06%
NUE	D	0.06%
RPRX	C	0.06%
GLW	B	0.06%
SUI	C	0.06%
PNR	B	0.06%
HOLX	D	0.06%
MRNA	F	0.06%
DOV	B	0.06%
SYY	C	0.06%
IPG	C	0.06%
ESS	C	0.06%
NDSN	C	0.05%
MAS	B	0.05%
ROK	D	0.05%
ILMN	D	0.05%
XPO	D	0.05%
JBL	C	0.05%
SWK	B	0.05%
CAG	B	0.05%
BURL	C	0.05%
FANG	F	0.05%
MRO	D	0.05%
NVT	C	0.05%
HBAN	B	0.05%
LVS	C	0.04%
OC	C	0.04%
WST	D	0.04%
DPZ	D	0.04%
IEX	C	0.04%
BAX	C	0.04%
APTV	D	0.04%
CHD	C	0.04%
DG	F	0.04%
RF	B	0.04%
PSTG	F	0.03%
WBA	F	0.03%
LECO	D	0.03%
SJM	C	0.03%
CCL	C	0.03%
OKTA	F	0.03%
NTRS	C	0.03%
MGM	D	0.03%
ZBH	F	0.03%
SNAP	D	0.03%
KEY	C	0.03%
AVTR	C	0.03%
HST	D	0.03%
EXPD	B	0.03%
AES	C	0.03%
DLTR	F	0.03%
STX	B	0.03%
ACM	B	0.02%
CPT	C	0.02%
DKS	D	0.02%
FLEX	B	0.02%
BG	F	0.02%
RNR	B	0.02%
LNT	A	0.02%
LKQ	F	0.01%

ESG Underweight 36 Positions Relative to FIVG

Symbol	Grade	Weight
NVDA	C	-5.04%
ANET	C	-2.84%
MRVL	D	-1.98%
DDOG	D	-1.97%
ERIC	B	-1.84%
COMM	C	-1.83%
NOK	B	-1.82%
CIEN	B	-1.78%
ARM	C	-1.76%
CRDO	D	-1.7%
FFIV	B	-1.7%
DT	C	-1.67%
CALX	C	-1.64%
IRDM	C	-1.63%
EXTR	C	-1.61%
JNPR	A	-1.6%
NTCT	C	-1.6%
MTSI	C	-1.59%
INFN	B	-1.57%
IDCC	B	-1.56%
ATEN	C	-1.56%
VIAV	C	-1.56%
MXL	D	-1.55%
NABL	F	-1.55%
HCP	A	-1.54%
SWI	B	-1.53%
DOCN	C	-1.53%
CSGS	C	-1.52%
KD	F	-1.52%
GSAT	F	-1.51%
QRVO	F	-1.51%
TMUS	B	-1.47%
EQIX	B	-1.47%
T	B	-1.44%
NPAB	D	-1.33%
VSAT	F	-1.21%