LKOR vs. EFIV ETF Comparison

Comparison of FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) to SPDR S&P 500 ESG ETF (EFIV)

LKOR

FlexShares Credit-Scored US Long Corporate Bond Index Fund

LKOR Description

Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund is an exchange traded fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in fixed income markets of the United States. It invests in US-dollar denominated investment grade bonds of companies rated BBB or higher by S&P or Fitch or Baa3 or higher by Moody's and with maturities greater than or equal to ten years. The fund seeks to track the performance of the Northern Trust Credit-Scored US Long Corporate Bond Index, by employing representative sampling methodology. Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund was formed on September 23, 2015 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$43.00

Average Daily Volume

6,834

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

EFIV

SPDR S&P 500 ESG ETF

EFIV Description

• Seeks to provide investment results that, before fees and expenses, correspond generally to the S&P 500 ESG Index • EFIV is designed to track an index that is designed to select S&P 500 firms meeting certain sustainability criteria (criteria related to environmental, social and governance factors) while maintaining similar overall industry group weights as the S&P 500 Index • EFIV may serve as a potential ESG core exposure, based on its focus on sustainability criteria and comprehensive market coverage of the flagship core S&P 500 Index

Grade (RS Rating)

Last Trade

$57.77

Average Daily Volume

109,257

Number of Holdings ^*

313

* may have additional holdings in another (foreign) market

Performance

Period	LKOR	EFIV
30 Days	-0.56%	2.81%
60 Days	-5.06%	4.79%
90 Days	-3.66%	5.59%
12 Months	9.17%	30.64%

101 Overlapping Holdings

Symbol	Grade	Weight in LKOR	Weight in EFIV	Overlap
AAPL	C	0.17%	9.53%	0.17%
ABBV	D	0.33%	0.84%	0.33%
ACGL	D	0.55%	0.11%	0.11%
AFL	B	0.12%	0.16%	0.12%
AIG	B	0.23%	0.14%	0.14%
AIZ	A	0.18%	0.03%	0.03%
ALL	A	0.04%	0.15%	0.04%
AMGN	D	0.23%	0.45%	0.23%
AMT	D	0.27%	0.25%	0.25%
AON	A	0.13%	0.23%	0.13%
APTV	D	0.13%	0.04%	0.04%
ARE	D	0.18%	0.05%	0.05%
BAC	A	0.23%	0.86%	0.23%
BDX	F	0.23%	0.19%	0.19%
BIIB	F	0.09%	0.07%	0.07%
BWA	D	0.11%	0.02%	0.02%
C	A	0.21%	0.37%	0.21%
CAG	D	0.24%	0.04%	0.04%
CAH	B	0.31%	0.09%	0.09%
CMCSA	B	0.24%	0.47%	0.24%
CPB	D	0.18%	0.02%	0.02%
CSCO	B	0.23%	0.66%	0.23%
CSX	B	0.12%	0.2%	0.12%
CVS	D	0.36%	0.19%	0.19%
DHR	F	0.1%	0.43%	0.1%
DOV	A	0.24%	0.08%	0.08%
DOW	F	0.32%	0.09%	0.09%
EA	A	0.09%	0.11%	0.09%
EBAY	D	0.18%	0.08%	0.08%
ED	D	0.29%	0.09%	0.09%
EG	C	0.2%	0.04%	0.04%
EIX	B	0.21%	0.09%	0.09%
EL	F	0.21%	0.04%	0.04%
ELV	F	0.1%	0.27%	0.1%
EMR	A	0.12%	0.21%	0.12%
EXC	C	0.22%	0.11%	0.11%
FITB	A	0.39%	0.09%	0.09%
FMC	D	0.11%	0.02%	0.02%
FTV	C	0.05%	0.07%	0.05%
GILD	C	0.35%	0.32%	0.32%
GM	B	0.13%	0.18%	0.13%
GOOGL	C	0.12%	2.92%	0.12%
GS	A	0.21%	0.52%	0.21%
GWW	B	0.24%	0.15%	0.15%
HAL	C	0.14%	0.07%	0.07%
HAS	D	0.13%	0.02%	0.02%
HD	A	0.19%	1.13%	0.19%
HIG	B	0.2%	0.1%	0.1%
HPE	B	0.37%	0.08%	0.08%
HPQ	B	0.24%	0.1%	0.1%
HUM	C	0.07%	0.1%	0.07%
IFF	D	0.12%	0.06%	0.06%
INTC	D	0.37%	0.3%	0.3%
IPG	D	0.12%	0.03%	0.03%
ITW	B	0.06%	0.21%	0.06%
JCI	C	0.13%	0.16%	0.13%
JPM	A	0.09%	1.91%	0.09%
KDP	D	0.24%	0.11%	0.11%
KIM	A	0.1%	0.05%	0.05%
KLAC	D	0.2%	0.24%	0.2%
KMI	A	0.19%	0.14%	0.14%
KO	D	0.19%	0.68%	0.19%
LOW	D	0.25%	0.43%	0.25%
LYB	F	0.23%	0.06%	0.06%
MA	C	0.22%	1.2%	0.22%
MAS	D	0.11%	0.05%	0.05%
MCD	D	0.12%	0.59%	0.12%
MCO	B	0.12%	0.21%	0.12%
MDLZ	F	0.09%	0.25%	0.09%
MET	A	0.14%	0.13%	0.13%
MMC	B	0.24%	0.31%	0.24%
MS	A	0.14%	0.46%	0.14%
MSFT	F	0.1%	8.8%	0.1%
NDAQ	A	0.19%	0.09%	0.09%
NEM	D	0.24%	0.13%	0.13%
NSC	B	0.12%	0.17%	0.12%
NVDA	C	0.21%	10.02%	0.21%
OKE	A	0.24%	0.18%	0.18%
OTIS	C	0.1%	0.11%	0.1%
PRU	A	0.11%	0.12%	0.11%
REG	B	0.11%	0.03%	0.03%
REGN	F	0.17%	0.24%	0.17%
RF	A	0.28%	0.07%	0.07%
RJF	A	0.11%	0.08%	0.08%
SBUX	A	0.23%	0.32%	0.23%
SHW	A	0.21%	0.25%	0.21%
SJM	D	0.1%	0.03%	0.03%
SPGI	C	0.16%	0.45%	0.16%
SRE	A	0.21%	0.16%	0.16%
T	A	0.09%	0.45%	0.09%
TT	A	0.12%	0.26%	0.12%
UNH	C	0.16%	1.56%	0.16%
UNP	C	0.16%	0.41%	0.16%
V	A	0.4%	1.44%	0.4%
VRSK	A	0.1%	0.11%	0.1%
VTR	C	0.12%	0.07%	0.07%
WBA	F	0.1%	0.02%	0.02%
WELL	A	0.12%	0.22%	0.12%
WTW	B	0.1%	0.09%	0.09%
XOM	B	0.12%	1.5%	0.12%
ZTS	D	0.19%	0.22%	0.19%

LKOR Overweight 62 Positions Relative to EFIV

Symbol	Grade	Weight
PM	B	0.7%
SCCO	F	0.64%
DUK	C	0.5%
HSBC	B	0.48%
LNT	A	0.4%
KOF	F	0.37%
BA	F	0.37%
NI	A	0.37%
CP	D	0.29%
NNN	D	0.29%
AEP	D	0.28%
TEL	B	0.28%
KMB	D	0.26%
JEF	A	0.26%
MMM	D	0.26%
NOC	D	0.26%
CHTR	C	0.26%
HON	B	0.25%
ORCL	B	0.25%
WFC	A	0.25%
AEE	A	0.24%
WEC	A	0.24%
CMS	C	0.24%
BHP	F	0.24%
HCA	F	0.24%
MKL	A	0.24%
LMT	D	0.24%
FOXA	B	0.24%
LH	C	0.23%
PGR	A	0.23%
IBM	C	0.23%
MCK	B	0.23%
TXN	C	0.23%
WRB	A	0.23%
ATO	A	0.23%
D	C	0.23%
MRO	B	0.22%
VMI	B	0.22%
AVGO	D	0.2%
PAA	B	0.2%
MO	A	0.2%
STZ	D	0.19%
CCI	D	0.19%
LEA	D	0.18%
AMZN	C	0.18%
EPD	A	0.18%
VZ	C	0.18%
EFX	F	0.13%
JNJ	D	0.12%
MLM	B	0.11%
CHD	B	0.11%
DG	F	0.11%
OC	A	0.11%
SO	D	0.11%
BABA	D	0.11%
RPM	A	0.1%
BHF	B	0.1%
GLW	B	0.1%
RPRX	D	0.09%
PCG	A	0.09%
SIGI	C	0.06%
LHX	C	0.05%

LKOR Underweight 212 Positions Relative to EFIV

Symbol	Grade	Weight
TSLA	B	-2.55%
GOOG	C	-2.42%
LLY	F	-1.79%
COST	B	-1.15%
PG	A	-1.09%
WMT	A	-1.03%
CRM	B	-0.92%
CVX	A	-0.75%
MRK	F	-0.7%
ADBE	C	-0.66%
ACN	C	-0.65%
AMD	F	-0.63%
PEP	F	-0.63%
LIN	D	-0.61%
ABT	B	-0.56%
GE	D	-0.55%
DIS	B	-0.52%
CAT	B	-0.52%
QCOM	F	-0.5%
AXP	A	-0.45%
UBER	D	-0.42%
AMAT	F	-0.42%
NEE	D	-0.42%
ETN	A	-0.41%
BLK	C	-0.4%
TJX	A	-0.38%
SYK	C	-0.37%
BSX	B	-0.36%
ADP	B	-0.35%
FI	A	-0.34%
SCHW	B	-0.33%
TMUS	B	-0.33%
BMY	B	-0.33%
MU	D	-0.31%
MDT	D	-0.31%
CB	C	-0.3%
PLD	D	-0.3%
DE	A	-0.28%
LRCX	F	-0.27%
UPS	C	-0.27%
NKE	D	-0.26%
CI	F	-0.26%
PYPL	B	-0.25%
ICE	C	-0.25%
PH	A	-0.25%
EQIX	A	-0.24%
CMG	B	-0.23%
CME	A	-0.23%
WM	A	-0.23%
PNC	B	-0.23%
USB	A	-0.22%
CL	D	-0.21%
CTAS	B	-0.21%
COF	B	-0.2%
TGT	F	-0.2%
MAR	B	-0.19%
ADSK	A	-0.19%
WMB	A	-0.19%
APD	A	-0.19%
ECL	D	-0.18%
CARR	D	-0.18%
AJG	B	-0.18%
PCAR	B	-0.17%
SLB	C	-0.17%
FCX	D	-0.17%
HLT	A	-0.17%
TFC	A	-0.17%
BK	A	-0.16%
URI	B	-0.16%
TRV	B	-0.16%
PSA	D	-0.15%
MPC	D	-0.15%
PSX	C	-0.15%
DLR	B	-0.15%
AMP	A	-0.15%
RCL	A	-0.15%
FIS	C	-0.14%
MSCI	C	-0.14%
CMI	A	-0.14%
AME	A	-0.13%
PAYX	C	-0.13%
ROST	C	-0.13%
DHI	D	-0.13%
PWR	A	-0.13%
DAL	C	-0.12%
IR	B	-0.12%
TRGP	B	-0.12%
BKR	B	-0.12%
PEG	A	-0.12%
COR	B	-0.12%
AXON	A	-0.12%
RSG	A	-0.12%
DFS	B	-0.12%
VLO	C	-0.12%
SYY	B	-0.11%
YUM	B	-0.11%
A	D	-0.11%
KR	B	-0.11%
HES	B	-0.11%
CTVA	C	-0.11%
EW	C	-0.11%
CBRE	B	-0.11%
OXY	D	-0.1%
RMD	C	-0.1%
WAB	B	-0.1%
EXR	D	-0.1%
MTB	A	-0.1%
IDXX	F	-0.1%
GIS	D	-0.1%
LULU	C	-0.1%
CNC	D	-0.09%
CSGP	D	-0.09%
ETR	B	-0.09%
ROK	B	-0.09%
AVB	B	-0.09%
FANG	D	-0.09%
IRM	D	-0.09%
DECK	A	-0.08%
HSY	F	-0.08%
KHC	F	-0.08%
STT	A	-0.08%
PPG	F	-0.08%
ON	D	-0.08%
TTWO	A	-0.08%
GPN	B	-0.08%
XYL	D	-0.08%
TSCO	D	-0.08%
HUBB	B	-0.07%
DVN	F	-0.07%
CCL	B	-0.07%
ADM	D	-0.07%
SW	A	-0.07%
EQR	B	-0.07%
HBAN	A	-0.07%
SYF	B	-0.07%
EQT	B	-0.07%
MTD	D	-0.07%
AWK	D	-0.07%
CPAY	A	-0.07%
PHM	D	-0.07%
BR	A	-0.07%
TROW	B	-0.07%
OMC	C	-0.06%
CBOE	B	-0.06%
WDC	D	-0.06%
CFG	B	-0.06%
NTRS	A	-0.06%
ES	D	-0.06%
K	A	-0.06%
ZBH	C	-0.06%
WY	D	-0.06%
EXPE	B	-0.06%
WAT	B	-0.06%
SBAC	D	-0.06%
AVY	D	-0.05%
BAX	D	-0.05%
GPC	D	-0.05%
LVS	C	-0.05%
PNR	A	-0.05%
KEY	B	-0.05%
IEX	B	-0.05%
BBY	D	-0.05%
TSN	B	-0.05%
DGX	A	-0.05%
FDS	B	-0.05%
HOLX	D	-0.05%
PFG	D	-0.05%
ULTA	F	-0.05%
BALL	D	-0.05%
MKC	D	-0.05%
JKHY	D	-0.04%
ALB	C	-0.04%
INCY	C	-0.04%
POOL	C	-0.04%
CHRW	C	-0.04%
SWK	D	-0.04%
AKAM	D	-0.04%
UDR	B	-0.04%
MRNA	F	-0.04%
AMCR	D	-0.04%
RVTY	F	-0.04%
JBHT	C	-0.04%
DOC	D	-0.04%
CF	B	-0.04%
TFX	F	-0.03%
GL	B	-0.03%
MKTX	D	-0.03%
LKQ	D	-0.03%
NWSA	B	-0.03%
CRL	C	-0.03%
TAP	C	-0.03%
LW	C	-0.03%
BXP	D	-0.03%
TPR	B	-0.03%
NCLH	B	-0.03%
KMX	B	-0.03%
ALLE	D	-0.03%
DAY	B	-0.03%
HST	C	-0.03%
PARA	C	-0.02%
BEN	C	-0.02%
DVA	B	-0.02%
MHK	D	-0.02%
IVZ	B	-0.02%
WYNN	D	-0.02%
RL	B	-0.02%
MOS	F	-0.02%
CZR	F	-0.02%
FRT	B	-0.02%
MGM	D	-0.02%
HRL	D	-0.02%
NWS	B	-0.01%