KNGZ vs. RAVI ETF Comparison

Comparison of First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) to FlexShares Ready Access Variable Income Fund (RAVI)

KNGZ

First Trust S&P 500 Diversified Dividend Aristocrats ETF

KNGZ Description

The fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider to the new index, the new index measures the performance of companies within the S&P 500 Index that have demonstrated stable or increasing dividend per share amounts.

Grade (RS Rating)

Last Trade

$35.20

Average Daily Volume

7,209

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

$75.48

Average Daily Volume

73,267

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	KNGZ	RAVI
30 Days	4.05%	0.40%
60 Days	2.90%	0.65%
90 Days	5.44%	1.23%
12 Months	27.30%	5.50%

17 Overlapping Holdings

Symbol	Grade	Weight in KNGZ	Weight in RAVI	Overlap
ABBV	D	1.05%	0.13%	0.13%
AEP	D	0.37%	0.38%	0.37%
BDX	F	0.55%	0.51%	0.51%
BMY	B	1.88%	0.43%	0.43%
CI	D	0.62%	0.67%	0.62%
CMCSA	C	1.71%	0.28%	0.28%
CVS	D	1.58%	0.16%	0.16%
CVX	B	0.84%	0.33%	0.33%
ETR	B	0.42%	0.38%	0.38%
HPE	B	3.5%	0.11%	0.11%
HRL	D	0.71%	0.07%	0.07%
LEN	C	0.46%	0.26%	0.26%
MCHP	F	2.44%	0.22%	0.22%
MET	A	0.86%	0.13%	0.13%
TSN	B	0.72%	0.7%	0.7%
UNH	B	0.56%	0.43%	0.43%
VZ	B	3.38%	0.1%	0.1%

KNGZ Overweight 78 Positions Relative to RAVI

Symbol	Grade	Weight
HPQ	B	3.92%
IBM	C	3.78%
GLW	B	3.11%
TXN	D	3.1%
QCOM	F	2.27%
IPG	C	2.25%
BEN	C	2.13%
ACN	B	2.04%
ADI	D	1.83%
HAS	D	1.62%
TROW	A	1.55%
OMC	C	1.52%
BBY	D	1.5%
PRU	A	1.4%
GPC	D	1.39%
APH	B	1.31%
NTRS	A	1.14%
UPS	C	1.1%
MTB	B	1.09%
MDT	D	1.07%
JNJ	D	1.07%
PFG	C	1.02%
HD	A	1.01%
MCD	D	0.99%
GRMN	A	0.98%
MRK	F	0.94%
MSFT	D	0.92%
OKE	C	0.92%
PM	B	0.89%
KLAC	F	0.87%
CINF	A	0.86%
CAG	D	0.81%
KVUE	A	0.76%
DGX	B	0.74%
CAH	B	0.74%
LOW	C	0.74%
PAYX	B	0.72%
BLK	C	0.72%
NKE	F	0.71%
CTRA	B	0.71%
ABT	B	0.71%
KMB	C	0.7%
SNA	A	0.69%
EG	C	0.66%
CME	A	0.66%
SWK	D	0.62%
GIS	D	0.62%
CMI	A	0.61%
XOM	C	0.59%
ITW	A	0.59%
TRV	B	0.59%
AMCR	D	0.59%
AFL	B	0.58%
FAST	B	0.58%
EOG	C	0.57%
K	A	0.57%
CHRW	C	0.56%
UNP	C	0.55%
POOL	C	0.55%
NSC	A	0.55%
EMR	A	0.55%
ADP	B	0.52%
LMT	D	0.5%
EVRG	A	0.48%
O	D	0.48%
LHX	C	0.48%
FMC	D	0.47%
PNW	B	0.46%
ES	D	0.43%
FRT	A	0.41%
MAA	B	0.4%
EMN	D	0.4%
EIX	A	0.4%
CF	B	0.36%
DLR	A	0.36%
APD	A	0.35%
ESS	B	0.35%
AVB	B	0.32%

KNGZ Underweight 84 Positions Relative to RAVI

Symbol	Grade	Weight
VLO	C	-1.51%
ED	D	-1.05%
OGS	A	-1.05%
OTIS	C	-0.95%
PYPL	A	-0.95%
KDP	D	-0.95%
DHR	D	-0.86%
LYB	F	-0.83%
DTE	C	-0.77%
GE	D	-0.76%
WM	A	-0.69%
CM	A	-0.62%
GP	F	-0.59%
GILD	B	-0.59%
TFC	B	-0.59%
AIG	B	-0.57%
SJM	D	-0.57%
NEE	D	-0.57%
BAC	A	-0.57%
AZO	C	-0.52%
NVDA	C	-0.52%
BNS	A	-0.52%
D	C	-0.51%
TD	F	-0.51%
RY	B	-0.51%
SYK	C	-0.49%
CCI	D	-0.49%
AON	A	-0.46%
AMZN	C	-0.42%
SCHW	A	-0.42%
CRM	B	-0.4%
VFC	C	-0.39%
OGE	A	-0.39%
NDAQ	A	-0.31%
ARCC	A	-0.3%
T	A	-0.3%
HSBC	B	-0.29%
CFG	B	-0.29%
MLM	B	-0.28%
DELL	C	-0.28%
DB	D	-0.28%
CP	D	-0.27%
WFC	A	-0.26%
CAT	B	-0.26%
CLX	C	-0.26%
SO	D	-0.26%
ATHS	C	-0.26%
GS	B	-0.26%
AL	A	-0.25%
C	A	-0.24%
CMS	C	-0.24%
FIS	D	-0.23%
FITB	B	-0.22%
PPL	B	-0.22%
FOXA	C	-0.21%
NYC	D	-0.21%
CNP	A	-0.2%
SBUX	B	-0.18%
LUV	B	-0.18%
MKC	D	-0.17%
AEE	A	-0.17%
BHF	B	-0.17%
KEY	A	-0.16%
SEB	F	-0.16%
UBS	B	-0.16%
PSX	C	-0.16%
AZN	F	-0.15%
NWG	C	-0.15%
BA	D	-0.15%
ICE	D	-0.15%
MUFG	B	-0.14%
DHI	D	-0.13%
AMT	D	-0.13%
CNH	A	-0.13%
EFX	D	-0.1%
GM	B	-0.1%
MDLZ	F	-0.09%
R	B	-0.08%
ROP	B	-0.07%
DUK	C	-0.07%
COF	B	-0.06%
MS	B	-0.06%
PCAR	B	-0.05%
JPM	B	-0.03%