IXG vs. RAVI ETF Comparison

Comparison of iShares Global Financial ETF (IXG) to FlexShares Ready Access Variable Income Fund (RAVI)

IXG

iShares Global Financial ETF

IXG Description

The investment seeks to track the investment results of an index composed of global equities in the financials sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Financials Sector IndexTM (the "underlying index"), which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), a subsidiary of McGraw Hill Financial, Inc., deems to be part of the financial sector of the economy and that S&P believes are important to global markets.

Grade (RS Rating)

Last Trade

$100.65

Average Daily Volume

34,320

Number of Holdings ^*

* 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

$75.44

Average Daily Volume

72,378

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IXG	RAVI
30 Days	5.16%	0.41%
60 Days	6.47%	0.65%
90 Days	9.58%	1.23%
12 Months	39.51%	5.45%

20 Overlapping Holdings

Symbol	Grade	Weight in IXG	Weight in RAVI	Overlap
AIG	B	0.42%	0.57%	0.42%
AON	A	0.71%	0.46%	0.46%
BAC	A	2.7%	0.57%	0.57%
C	A	1.12%	0.24%	0.24%
CFG	B	0.18%	0.29%	0.18%
COF	B	0.61%	0.06%	0.06%
FIS	C	0.41%	0.23%	0.23%
FITB	A	0.27%	0.22%	0.22%
GS	A	1.6%	0.26%	0.26%
ICE	C	0.76%	0.15%	0.15%
JPM	A	5.97%	0.03%	0.03%
KEY	B	0.15%	0.16%	0.15%
MET	A	0.42%	0.13%	0.13%
MS	A	1.43%	0.06%	0.06%
MUFG	B	1.24%	0.14%	0.14%
NDAQ	A	0.28%	0.31%	0.28%
PYPL	B	0.75%	0.95%	0.75%
SCHW	B	1.03%	0.42%	0.42%
TFC	A	0.53%	0.59%	0.53%
WFC	A	2.16%	0.26%	0.26%

IXG Overweight 56 Positions Relative to RAVI

Symbol	Grade	Weight
BRK.A	B	7.37%
V	A	4.42%
MA	C	3.68%
AXP	A	1.38%
SPGI	C	1.38%
PGR	A	1.28%
BLK	C	1.24%
BX	A	1.12%
FI	A	1.04%
MMC	B	0.94%
CB	C	0.93%
KKR	A	0.86%
SMFG	B	0.8%
PNC	B	0.71%
CME	A	0.7%
USB	A	0.67%
MCO	B	0.64%
AJG	B	0.55%
MFG	B	0.53%
TRV	B	0.51%
BK	A	0.49%
AMP	A	0.48%
AFL	B	0.48%
ALL	A	0.44%
MSCI	C	0.4%
PRU	A	0.39%
DFS	B	0.38%
ACGL	D	0.33%
MTB	A	0.31%
HIG	B	0.29%
WTW	B	0.27%
STT	A	0.25%
GPN	B	0.25%
RJF	A	0.25%
TROW	B	0.23%
CPAY	A	0.22%
SYF	B	0.22%
HBAN	A	0.22%
BRO	B	0.22%
RF	A	0.21%
CINF	A	0.2%
NTRS	A	0.19%
CBOE	B	0.18%
PFG	D	0.16%
WRB	A	0.16%
FDS	B	0.16%
NMR	B	0.15%
EG	C	0.14%
L	A	0.13%
JKHY	D	0.11%
AIZ	A	0.1%
ERIE	D	0.09%
GL	B	0.08%
MKTX	D	0.08%
IVZ	B	0.07%
BEN	C	0.06%

IXG Underweight 81 Positions Relative to RAVI

Symbol	Grade	Weight
VLO	C	-1.51%
ED	D	-1.05%
OGS	A	-1.05%
OTIS	C	-0.95%
KDP	D	-0.95%
DHR	F	-0.86%
LYB	F	-0.83%
DTE	C	-0.77%
GE	D	-0.76%
TSN	B	-0.7%
WM	A	-0.69%
CI	F	-0.67%
CM	A	-0.62%
GP	F	-0.59%
GILD	C	-0.59%
SJM	D	-0.57%
NEE	D	-0.57%
AZO	C	-0.52%
NVDA	C	-0.52%
BNS	A	-0.52%
D	C	-0.51%
BDX	F	-0.51%
TD	F	-0.51%
RY	A	-0.51%
SYK	C	-0.49%
CCI	D	-0.49%
UNH	C	-0.43%
BMY	B	-0.43%
AMZN	C	-0.42%
CRM	B	-0.4%
VFC	C	-0.39%
OGE	B	-0.39%
ETR	B	-0.38%
AEP	D	-0.38%
CVX	A	-0.33%
ARCC	A	-0.3%
T	A	-0.3%
HSBC	B	-0.29%
MLM	B	-0.28%
DELL	C	-0.28%
CMCSA	B	-0.28%
DB	D	-0.28%
CP	D	-0.27%
CAT	B	-0.26%
CLX	B	-0.26%
LEN	D	-0.26%
SO	D	-0.26%
ATHS	C	-0.26%
AL	B	-0.25%
CMS	C	-0.24%
MCHP	D	-0.22%
PPL	B	-0.22%
FOXA	B	-0.21%
NYC	D	-0.21%
CNP	B	-0.2%
SBUX	A	-0.18%
LUV	C	-0.18%
MKC	D	-0.17%
AEE	A	-0.17%
BHF	B	-0.17%
CVS	D	-0.16%
SEB	F	-0.16%
UBS	C	-0.16%
PSX	C	-0.16%
AZN	D	-0.15%
NWG	C	-0.15%
BA	F	-0.15%
DHI	D	-0.13%
AMT	D	-0.13%
CNH	C	-0.13%
ABBV	D	-0.13%
HPE	B	-0.11%
EFX	F	-0.1%
GM	B	-0.1%
VZ	C	-0.1%
MDLZ	F	-0.09%
R	B	-0.08%
HRL	D	-0.07%
ROP	B	-0.07%
DUK	C	-0.07%
PCAR	B	-0.05%