FLUD vs. RAVI ETF Comparison

Comparison of Franklin Liberty Ultra Short Bond ETF (FLUD) to FlexShares Ready Access Variable Income Fund (RAVI)
FLUD

Franklin Liberty Ultra Short Bond ETF

FLUD Description

The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in bonds and investments that provide exposure to bonds. It targets an estimated average portfolio duration of one (1) year or less. The fund invests predominantly in U.S. dollar denominated, investment grade debt securities and investments. It may invest in U.S. dollar denominated foreign securities, including emerging market securities.

Grade (RS Rating)

Last Trade

$24.84

Average Daily Volume

2,675

Number of Holdings *

20

* may have additional holdings in another (foreign) market
RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.23

Average Daily Volume

79,720

Number of Holdings *

101

* may have additional holdings in another (foreign) market
Performance
Period FLUD RAVI
30 Days 0.41% 0.24%
60 Days 0.91% 0.83%
90 Days 1.27% 1.28%
12 Months 3.77% 5.54%
10 Overlapping Holdings
Symbol Grade Weight in FLUD Weight in RAVI Overlap
ABBV A 1.35% 0.13% 0.13%
AZN F 4.07% 0.15% 0.15%
BA F 2.69% 0.15% 0.15%
BAC B 1.35% 0.57% 0.57%
C A 4.06% 0.24% 0.24%
CM A 1.35% 0.62% 0.62%
COF A 1.38% 0.06% 0.06%
GE D 4.08% 0.76% 0.76%
HRL F 2.67% 0.07% 0.07%
MCHP F 3.98% 0.22% 0.22%
FLUD Overweight 10 Positions Relative to RAVI
Symbol Grade Weight
DD D 4.1%
EBAY D 4.06%
GJS A 4.04%
CAF A 4.02%
BIIB F 2.75%
TMO D 2.69%
KMI B 1.45%
ET A 1.38%
BMO B 1.35%
RPRX D 1.34%
FLUD Underweight 91 Positions Relative to RAVI
Symbol Grade Weight
VLO F -1.51%
ED C -1.05%
OGS C -1.05%
OTIS B -0.95%
PYPL B -0.95%
KDP F -0.95%
DHR D -0.86%
LYB F -0.83%
DTE C -0.77%
TSN D -0.7%
WM A -0.69%
CI D -0.67%
GP F -0.59%
GILD A -0.59%
TFC C -0.59%
AIG B -0.57%
SJM F -0.57%
NEE D -0.57%
AZO D -0.52%
NVDA B -0.52%
BNS B -0.52%
D B -0.51%
BDX C -0.51%
TD F -0.51%
RY B -0.51%
SYK A -0.49%
CCI D -0.49%
AON A -0.46%
UNH C -0.43%
BMY A -0.43%
AMZN A -0.42%
SCHW B -0.42%
CRM A -0.4%
VFC A -0.39%
OGE C -0.39%
ETR A -0.38%
AEP D -0.38%
CVX A -0.33%
NDAQ B -0.31%
ARCC B -0.3%
T A -0.3%
HSBC A -0.29%
CFG A -0.29%
MLM A -0.28%
DELL A -0.28%
CMCSA A -0.28%
DB B -0.28%
CP F -0.27%
WFC B -0.26%
CAT B -0.26%
CLX B -0.26%
LEN D -0.26%
SO C -0.26%
ATHS A -0.26%
GS B -0.26%
AL B -0.25%
CMS C -0.24%
FIS B -0.23%
FITB B -0.22%
PPL C -0.22%
FOXA A -0.21%
NYC C -0.21%
CNP C -0.2%
SBUX A -0.18%
LUV A -0.18%
MKC C -0.17%
AEE B -0.17%
BHF B -0.17%
CVS F -0.16%
KEY B -0.16%
SEB F -0.16%
UBS B -0.16%
PSX F -0.16%
NWG A -0.15%
ICE C -0.15%
MUFG A -0.14%
MET C -0.13%
DHI D -0.13%
AMT D -0.13%
CNH A -0.13%
HPE A -0.11%
EFX D -0.1%
GM B -0.1%
VZ D -0.1%
MDLZ D -0.09%
R A -0.08%
ROP D -0.07%
DUK C -0.07%
MS B -0.06%
PCAR C -0.05%
JPM A -0.03%
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