FELV vs. SKOR ETF Comparison

Comparison of Fidelity Enhanced Large Cap Value ETF (FELV) to FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR)

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$30.79

Average Daily Volume

94,376

Number of Holdings ^*

313

* may have additional holdings in another (foreign) market

SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund

SKOR Description

The investment seeks the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Corporate Bond IndexSM. The fund generally will invest at least 80% of its total assets in the securities of its underlying index. The index reflects the performance of a portfolio of US-dollar denominated bonds of companies that are considered by the index Provider to have higher credit quality, lower risk of default and the potential for higher yield, price appreciation and liquidity relative to the universe of securities comprising the Northern Trust US Investment-Grade Corporate Bond IndexSM. The fund is non-diversified

Grade (RS Rating)

Last Trade

$48.17

Average Daily Volume

49,626

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

Performance

Period	FELV	SKOR
30 Days	-0.29%	-1.80%
60 Days	0.26%	-0.37%
90 Days	5.88%	0.14%
12 Months		9.55%

132 Overlapping Holdings

Symbol	Grade	Weight in FELV	Weight in SKOR	Overlap
A	F	0.09%	0.07%	0.07%
AAPL	C	0.2%	0.09%	0.09%
ABBV	A	0.99%	0.08%	0.08%
ADBE	F	0.37%	0.09%	0.09%
ADI	C	0.04%	0.15%	0.04%
ADP	A	0.1%	0.07%	0.07%
AFG	D	0.01%	0.08%	0.01%
AIZ	D	0.1%	0.04%	0.04%
ALL	C	0.18%	0.15%	0.15%
ALLE	C	0.53%	0.07%	0.07%
AMGN	C	0.17%	0.11%	0.11%
AMH	F	0.12%	0.08%	0.08%
AON	A	0.6%	0.09%	0.09%
ARW	D	0.07%	0.15%	0.07%
AVGO	B	0.21%	0.04%	0.04%
AXP	B	0.19%	0.07%	0.07%
AXS	C	0.01%	0.04%	0.01%
BAC	B	1.63%	0.0%	0.0%
BAX	F	0.09%	0.07%	0.07%
BDX	D	0.72%	0.08%	0.08%
BK	B	0.62%	0.05%	0.05%
BKH	C	0.11%	0.07%	0.07%
BMY	A	0.84%	0.1%	0.1%
BRX	C	0.28%	0.12%	0.12%
C	A	0.25%	0.08%	0.08%
CCI	D	0.61%	0.18%	0.18%
CI	F	0.61%	0.14%	0.14%
CL	D	0.56%	0.09%	0.09%
CLX	C	0.17%	0.02%	0.02%
CMCSA	A	1.12%	0.14%	0.14%
CME	A	0.58%	0.12%	0.12%
CMI	B	0.31%	0.04%	0.04%
CNP	B	0.14%	0.1%	0.1%
COF	A	0.43%	0.02%	0.02%
CSCO	B	1.07%	0.04%	0.04%
CSX	D	0.35%	0.04%	0.04%
CTAS	B	0.53%	0.02%	0.02%
CVS	F	0.31%	0.16%	0.16%
DFS	B	0.04%	0.11%	0.04%
DGX	A	0.01%	0.07%	0.01%
DHI	D	0.08%	0.07%	0.07%
DHR	F	0.18%	0.09%	0.09%
DIS	B	0.69%	0.09%	0.09%
DTE	C	0.1%	0.09%	0.09%
DUK	C	0.2%	0.08%	0.08%
ECL	C	0.53%	0.06%	0.06%
EIX	D	0.15%	0.04%	0.04%
ELV	F	0.12%	0.18%	0.12%
EQIX	A	0.05%	0.0%	0.0%
EQR	D	0.18%	0.02%	0.02%
ES	D	0.14%	0.04%	0.04%
EW	D	0.06%	0.08%	0.06%
FLS	B	0.23%	0.03%	0.03%
FTV	F	0.24%	0.04%	0.04%
GD	C	0.16%	0.14%	0.14%
GILD	A	0.99%	0.13%	0.13%
GIS	D	0.06%	0.08%	0.06%
GL	C	0.28%	0.06%	0.06%
GLPI	D	0.05%	0.08%	0.05%
GS	B	0.3%	0.1%	0.1%
HD	B	0.45%	0.0%	0.0%
HON	C	0.14%	0.04%	0.04%
IBM	C	0.29%	0.09%	0.09%
INTC	D	0.8%	0.12%	0.12%
ITW	A	0.11%	0.07%	0.07%
JNJ	D	1.24%	0.18%	0.18%
JPM	A	2.71%	0.01%	0.01%
KEY	B	0.16%	0.08%	0.08%
KLAC	F	0.03%	0.08%	0.03%
KMB	D	0.14%	0.08%	0.08%
KMI	A	0.22%	0.28%	0.22%
KO	D	0.46%	0.08%	0.08%
LH	A	0.08%	0.11%	0.08%
LHX	A	0.43%	0.1%	0.1%
LMT	D	0.69%	0.23%	0.23%
LOW	B	0.07%	0.04%	0.04%
MA	B	0.28%	0.04%	0.04%
MCD	C	0.28%	0.04%	0.04%
MDLZ	D	0.07%	0.07%	0.07%
MET	C	0.17%	0.09%	0.09%
MKC	D	0.08%	0.07%	0.07%
MMC	D	0.39%	0.01%	0.01%
MMM	D	0.59%	0.08%	0.08%
MO	A	0.25%	0.1%	0.1%
MS	B	0.41%	0.04%	0.04%
MSI	C	0.2%	0.04%	0.04%
MU	C	0.98%	0.08%	0.08%
NEE	D	0.73%	0.04%	0.04%
NOC	D	0.68%	0.19%	0.19%
NSC	B	0.56%	0.07%	0.07%
NTAP	D	0.12%	0.07%	0.07%
NVT	A	0.06%	0.11%	0.06%
PCG	B	0.37%	0.07%	0.07%
PEG	B	0.11%	0.07%	0.07%
PG	D	1.26%	0.06%	0.06%
PGR	D	0.35%	0.04%	0.04%
PH	A	0.11%	0.02%	0.02%
PKG	A	0.12%	0.07%	0.07%
PM	A	1.33%	0.17%	0.17%
PNC	A	0.67%	0.03%	0.03%
PPG	F	0.6%	0.07%	0.07%
PRU	B	0.67%	0.0%	0.0%
PSA	D	0.53%	0.08%	0.08%
PYPL	B	0.78%	0.02%	0.02%
QCOM	D	0.49%	0.08%	0.08%
REG	C	0.07%	0.06%	0.06%
RSG	D	0.64%	0.04%	0.04%
SCHW	B	0.59%	0.04%	0.04%
SO	B	0.08%	0.1%	0.08%
SPG	B	0.18%	0.22%	0.18%
SPGI	D	1.0%	0.08%	0.08%
STLD	B	0.44%	0.04%	0.04%
STT	A	0.12%	0.07%	0.07%
SYF	B	0.03%	0.08%	0.03%
SYK	C	0.24%	0.03%	0.03%
T	A	1.0%	0.12%	0.12%
TFC	B	0.22%	0.06%	0.06%
TMO	F	0.96%	0.19%	0.19%
TMUS	B	0.11%	0.14%	0.11%
TPR	A	0.09%	0.19%	0.09%
TRMB	B	0.04%	0.1%	0.04%
TT	C	0.52%	0.08%	0.08%
TXN	B	0.16%	0.07%	0.07%
UNH	D	1.55%	0.02%	0.02%
UNP	D	0.76%	0.11%	0.11%
VZ	D	0.79%	0.03%	0.03%
WAB	A	0.48%	0.06%	0.06%
WFC	A	0.94%	0.07%	0.07%
WM	A	0.22%	0.13%	0.13%
WMT	A	1.77%	0.02%	0.02%
WTW	A	0.25%	0.06%	0.06%
XEL	A	0.27%	0.14%	0.14%

FELV Overweight 181 Positions Relative to SKOR

Symbol	Grade	Weight
BRK.A	D	3.6%
XOM	C	2.42%
GE	C	1.09%
PFE	D	1.0%
ETN	B	0.75%
RTX	C	0.75%
SQ	B	0.64%
CACI	A	0.62%
CVNA	A	0.6%
ZM	A	0.59%
CAT	B	0.56%
SSNC	D	0.56%
SEIC	A	0.55%
TXT	F	0.54%
ABT	C	0.54%
COP	C	0.53%
LDOS	A	0.51%
CVX	C	0.51%
IGT	F	0.51%
DD	D	0.5%
LIN	C	0.5%
AMAT	F	0.47%
TWLO	A	0.46%
EOG	D	0.43%
MDT	B	0.42%
DBX	B	0.42%
CINF	B	0.41%
PCAR	C	0.38%
DVN	F	0.36%
BIIB	F	0.36%
EVRG	C	0.35%
ACN	C	0.35%
L	C	0.34%
DOCU	B	0.34%
UNM	A	0.33%
NUE	F	0.33%
F	D	0.33%
EXEL	A	0.31%
KR	B	0.31%
ANF	D	0.29%
TPH	D	0.29%
FR	D	0.29%
TDC	B	0.29%
LPX	D	0.29%
TJX	D	0.28%
TRV	B	0.28%
TOL	C	0.28%
VEEV	C	0.28%
CAH	D	0.28%
CNC	F	0.26%
GAP	D	0.26%
VMC	A	0.26%
GEV	A	0.26%
SEE	B	0.26%
EXC	C	0.25%
CCK	B	0.25%
VICI	D	0.25%
NVDA	B	0.24%
ADTN	B	0.23%
META	B	0.22%
MSCI	C	0.22%
CEG	B	0.21%
EQH	A	0.21%
AES	F	0.21%
TRGP	A	0.21%
OC	B	0.21%
INCY	A	0.2%
ICE	C	0.2%
JCI	B	0.2%
MEDP	F	0.2%
CRM	B	0.2%
TMHC	B	0.19%
MTDR	D	0.19%
JXN	A	0.19%
AM	C	0.19%
VMI	B	0.19%
IQV	F	0.19%
HPE	B	0.19%
ITT	C	0.18%
LNW	F	0.18%
USFD	A	0.18%
SKYW	A	0.18%
BSX	B	0.18%
QRVO	F	0.17%
MGM	D	0.17%
GEHC	D	0.17%
NFLX	A	0.17%
BBY	D	0.16%
ACA	B	0.16%
PFG	C	0.16%
ILMN	B	0.16%
AME	A	0.15%
SWKS	F	0.15%
AMD	F	0.15%
ONTO	C	0.15%
DOC	B	0.15%
FANG	F	0.15%
TAP	D	0.14%
KHC	D	0.14%
Z	D	0.14%
WDC	D	0.13%
SOLV	B	0.13%
UHS	D	0.13%
BMRN	F	0.13%
ENS	F	0.12%
ROST	F	0.12%
ADM	F	0.12%
CRUS	F	0.12%
WDAY	F	0.12%
EEFT	F	0.12%
QGEN	D	0.11%
ZG	D	0.11%
MHO	D	0.11%
HWM	B	0.11%
WMB	A	0.11%
ALKS	F	0.1%
CCL	A	0.1%
CRC	B	0.1%
VRTX	A	0.1%
LEG	F	0.1%
IFF	D	0.1%
BKR	A	0.09%
CNO	C	0.08%
KD	D	0.08%
NMRK	A	0.07%
SON	F	0.07%
VSTS	F	0.07%
UTHR	A	0.07%
DASH	A	0.07%
GRMN	B	0.07%
BYD	A	0.07%
CMG	D	0.07%
DELL	A	0.07%
WBD	C	0.07%
MSA	F	0.06%
VST	B	0.06%
BBWI	F	0.06%
MATX	A	0.06%
OGE	C	0.06%
NEM	D	0.06%
CTRA	B	0.05%
SAM	C	0.05%
CHE	F	0.05%
FHI	A	0.05%
PLTK	A	0.05%
BCC	C	0.05%
CXT	F	0.05%
HL	C	0.05%
MSTR	A	0.05%
FTI	B	0.05%
CW	B	0.05%
ALRM	F	0.04%
TFX	F	0.04%
NBIX	D	0.04%
INGR	C	0.04%
VLTO	D	0.04%
CWEN	B	0.04%
ACT	D	0.04%
WS	A	0.03%
BLD	F	0.03%
OGN	D	0.03%
RGA	D	0.03%
WOOF	C	0.03%
HRB	D	0.03%
EXTR	B	0.03%
HXL	F	0.03%
NWL	A	0.03%
ELAN	D	0.03%
M	C	0.02%
OTTR	D	0.02%
CWEN	B	0.02%
AYI	B	0.02%
ITRI	A	0.02%
SWI	B	0.02%
AXTA	A	0.02%
OKTA	F	0.02%
BERY	A	0.02%
TNL	A	0.01%
FTDR	B	0.01%
MUR	F	0.01%
ANSS	C	0.01%

FELV Underweight 174 Positions Relative to SKOR

Symbol	Grade	Weight
LEN	D	-0.32%
FOXA	A	-0.25%
AEE	B	-0.25%
PEP	D	-0.24%
INFO	F	-0.21%
NXPI	D	-0.21%
CHTR	D	-0.2%
GM	B	-0.2%
PHM	D	-0.2%
VRSN	F	-0.19%
NI	A	-0.19%
MAS	C	-0.19%
PAA	D	-0.19%
APD	B	-0.19%
CHD	D	-0.18%
TD	F	-0.17%
DOW	F	-0.17%
GPN	D	-0.17%
WEC	B	-0.17%
ATO	B	-0.17%
DG	F	-0.16%
LII	B	-0.16%
RPRX	F	-0.14%
TDY	B	-0.14%
ALLY	D	-0.14%
OKE	A	-0.14%
WU	F	-0.13%
BWA	C	-0.13%
AMT	D	-0.13%
JBHT	A	-0.12%
O	C	-0.12%
AMCR	B	-0.12%
HUM	F	-0.12%
APH	B	-0.11%
CM	A	-0.11%
SWK	D	-0.11%
BHP	D	-0.11%
ED	C	-0.11%
K	A	-0.11%
MKL	C	-0.11%
AMZN	B	-0.11%
ATHS	A	-0.11%
ARCC	B	-0.11%
BMO	B	-0.11%
ORCL	B	-0.11%
VRSK	B	-0.1%
DLR	A	-0.1%
BIDU	F	-0.1%
WY	F	-0.1%
LNT	B	-0.1%
BKU	D	-0.1%
CB	C	-0.1%
INTU	D	-0.1%
COST	D	-0.1%
V	A	-0.1%
VNT	B	-0.09%
THG	B	-0.09%
SBUX	A	-0.09%
CARR	D	-0.09%
FHN	A	-0.09%
BXP	B	-0.09%
CMA	A	-0.09%
AGR	C	-0.09%
HST	D	-0.09%
MCK	F	-0.09%
FLO	F	-0.09%
LAZ	A	-0.09%
MLM	A	-0.09%
BNS	C	-0.09%
FITB	B	-0.09%
BR	C	-0.08%
ADSK	B	-0.08%
AWH	D	-0.08%
BG	F	-0.08%
FAF	D	-0.08%
LEA	F	-0.08%
HBAN	A	-0.08%
EBAY	D	-0.08%
CSL	C	-0.08%
CMS	C	-0.08%
HP	C	-0.08%
ORI	C	-0.08%
H	D	-0.08%
UPS	C	-0.08%
CBOE	A	-0.08%
DSS	C	-0.08%
VLO	F	-0.08%
DINO	F	-0.08%
KEYS	C	-0.08%
KDP	F	-0.08%
NDAQ	B	-0.08%
WHR	B	-0.08%
ROP	D	-0.08%
BRO	B	-0.08%
WELL	A	-0.08%
NFG	B	-0.08%
ORLY	C	-0.08%
JEF	B	-0.08%
BLK	B	-0.08%
D	B	-0.08%
EMR	B	-0.07%
AVT	B	-0.07%
KMPR	B	-0.07%
PLD	F	-0.07%
CPT	D	-0.07%
SBRA	A	-0.07%
WB	B	-0.07%
CE	F	-0.07%
DOV	B	-0.07%
ESS	D	-0.07%
GSBD	D	-0.07%
FMC	B	-0.07%
TEL	C	-0.07%
USB	B	-0.07%
AWK	D	-0.07%
AMP	B	-0.07%
CUBE	D	-0.07%
HUBB	B	-0.07%
OTIS	C	-0.07%
CFG	A	-0.07%
MCO	D	-0.07%
SRE	B	-0.07%
HPQ	C	-0.07%
EPD	C	-0.07%
BABA	B	-0.07%
HSBC	A	-0.07%
ROK	C	-0.06%
SKT	B	-0.06%
CPB	D	-0.06%
SCS	F	-0.06%
BA	F	-0.06%
WPC	F	-0.06%
AL	C	-0.06%
NNN	D	-0.06%
SITC	F	-0.05%
DT	B	-0.05%
EFX	D	-0.05%
RY	C	-0.05%
AER	C	-0.05%
DLTR	F	-0.05%
AZO	C	-0.05%
ZTS	D	-0.05%
PDM	C	-0.04%
KIM	B	-0.04%
HPP	F	-0.04%
VOYA	B	-0.04%
KRG	C	-0.04%
RNR	C	-0.04%
SJM	F	-0.04%
RPM	B	-0.04%
EA	A	-0.04%
ARE	F	-0.04%
HII	F	-0.04%
HIW	B	-0.04%
AIG	B	-0.04%
AFL	C	-0.04%
MAR	A	-0.04%
KRC	B	-0.04%
SHW	D	-0.04%
MSFT	D	-0.04%
DB	B	-0.04%
GOOGL	A	-0.03%
FNF	B	-0.03%
HCA	D	-0.03%
AAP	F	-0.02%
BDN	C	-0.02%
MAA	D	-0.02%
AVB	C	-0.02%
AVY	D	-0.02%
VTR	A	-0.02%
AEP	D	-0.02%
MUFG	A	-0.02%
CP	F	-0.01%
OHI	A	-0.0%