LKOR vs. ICAP ETF Comparison

Comparison of FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) to InfraCap Equity Income Fund ETF (ICAP)

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

ICAP

InfraCap Equity Income Fund ETF

ICAP Description

The investment seeks to maximize income and pursue total return opportunities. The fund, under normal conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies that pay dividends during normal market conditions. The fund will invest primarily in securities of U.S. companies, but may invest in foreign securities, including securities of companies located in emerging markets. To obtain high yield and total return, the adviser will favor sectors and industries that it currently views are undervalued on a relative basis.

Grade (RS Rating)

Last Trade

$28.09

Average Daily Volume

7,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LKOR	ICAP
30 Days	-0.56%	3.15%
60 Days	-5.06%	4.72%
90 Days	-3.66%	7.68%
12 Months	9.17%	32.68%

34 Overlapping Holdings

Symbol	Grade	Weight in LKOR	Weight in ICAP	Overlap
AMT	D	0.27%	0.55%	0.27%
AMZN	C	0.18%	3.87%	0.18%
ARE	D	0.18%	2.06%	0.18%
AVGO	D	0.2%	1.95%	0.2%
BAC	A	0.23%	3.05%	0.23%
C	A	0.21%	4.23%	0.21%
CCI	D	0.19%	1.07%	0.19%
CSCO	B	0.23%	0.5%	0.23%
D	C	0.23%	0.01%	0.01%
DOW	F	0.32%	1.17%	0.32%
DUK	C	0.5%	0.21%	0.21%
EIX	B	0.21%	1.67%	0.21%
FITB	A	0.39%	1.06%	0.39%
GS	A	0.21%	4.97%	0.21%
HON	B	0.25%	1.01%	0.25%
HPE	B	0.37%	0.98%	0.37%
JNJ	D	0.12%	0.08%	0.08%
JPM	A	0.09%	1.61%	0.09%
KMI	A	0.19%	1.0%	0.19%
KO	D	0.19%	0.07%	0.07%
MCD	D	0.12%	1.58%	0.12%
MMM	D	0.26%	0.58%	0.26%
MO	A	0.2%	0.07%	0.07%
MS	A	0.14%	1.98%	0.14%
MSFT	F	0.1%	0.55%	0.1%
OKE	A	0.24%	0.19%	0.19%
ORCL	B	0.25%	3.02%	0.25%
PAA	B	0.2%	0.3%	0.2%
PM	B	0.7%	0.65%	0.65%
SO	D	0.11%	1.27%	0.11%
T	A	0.09%	0.18%	0.09%
UNH	C	0.16%	0.01%	0.01%
VZ	C	0.18%	0.36%	0.18%
XOM	B	0.12%	1.05%	0.12%

LKOR Overweight 129 Positions Relative to ICAP

Symbol	Grade	Weight
SCCO	F	0.64%
ACGL	D	0.55%
HSBC	B	0.48%
LNT	A	0.4%
V	A	0.4%
KOF	F	0.37%
INTC	D	0.37%
BA	F	0.37%
NI	A	0.37%
CVS	D	0.36%
GILD	C	0.35%
ABBV	D	0.33%
CAH	B	0.31%
CP	D	0.29%
NNN	D	0.29%
ED	D	0.29%
AEP	D	0.28%
RF	A	0.28%
TEL	B	0.28%
KMB	D	0.26%
JEF	A	0.26%
NOC	D	0.26%
CHTR	C	0.26%
LOW	D	0.25%
WFC	A	0.25%
CAG	D	0.24%
AEE	A	0.24%
NEM	D	0.24%
WEC	A	0.24%
CMS	C	0.24%
MMC	B	0.24%
GWW	B	0.24%
BHP	F	0.24%
CMCSA	B	0.24%
HCA	F	0.24%
DOV	A	0.24%
KDP	D	0.24%
HPQ	B	0.24%
MKL	A	0.24%
LMT	D	0.24%
FOXA	B	0.24%
LH	C	0.23%
LYB	F	0.23%
PGR	A	0.23%
IBM	C	0.23%
MCK	B	0.23%
AIG	B	0.23%
TXN	C	0.23%
WRB	A	0.23%
ATO	A	0.23%
BDX	F	0.23%
SBUX	A	0.23%
AMGN	D	0.23%
MA	C	0.22%
EXC	C	0.22%
MRO	B	0.22%
VMI	B	0.22%
EL	F	0.21%
NVDA	C	0.21%
SRE	A	0.21%
SHW	A	0.21%
KLAC	D	0.2%
EG	C	0.2%
HIG	B	0.2%
STZ	D	0.19%
NDAQ	A	0.19%
ZTS	D	0.19%
HD	A	0.19%
LEA	D	0.18%
EBAY	D	0.18%
CPB	D	0.18%
AIZ	A	0.18%
EPD	A	0.18%
REGN	F	0.17%
AAPL	C	0.17%
SPGI	C	0.16%
UNP	C	0.16%
HAL	C	0.14%
MET	A	0.14%
JCI	C	0.13%
APTV	D	0.13%
EFX	F	0.13%
HAS	D	0.13%
AON	A	0.13%
GM	B	0.13%
TT	A	0.12%
WELL	A	0.12%
IFF	D	0.12%
VTR	C	0.12%
GOOGL	C	0.12%
EMR	A	0.12%
IPG	D	0.12%
AFL	B	0.12%
NSC	B	0.12%
MCO	B	0.12%
CSX	B	0.12%
PRU	A	0.11%
BWA	D	0.11%
MLM	B	0.11%
CHD	B	0.11%
DG	F	0.11%
REG	B	0.11%
RJF	A	0.11%
OC	A	0.11%
MAS	D	0.11%
FMC	D	0.11%
BABA	D	0.11%
OTIS	C	0.1%
VRSK	A	0.1%
KIM	A	0.1%
SJM	D	0.1%
DHR	F	0.1%
WBA	F	0.1%
ELV	F	0.1%
RPM	A	0.1%
BHF	B	0.1%
WTW	B	0.1%
GLW	B	0.1%
MDLZ	F	0.09%
EA	A	0.09%
BIIB	F	0.09%
RPRX	D	0.09%
PCG	A	0.09%
HUM	C	0.07%
ITW	B	0.06%
SIGI	C	0.06%
LHX	C	0.05%
FTV	C	0.05%
ALL	A	0.04%

LKOR Underweight 38 Positions Relative to ICAP

Symbol	Grade	Weight
EQIX	A	-4.14%
CVX	A	-4.14%
MTB	A	-3.96%
KRC	C	-3.91%
MPLX	A	-3.27%
AES	F	-3.2%
CFG	B	-3.15%
BXP	D	-3.13%
FRT	B	-2.91%
SLMBP	C	-2.79%
DLR	B	-2.77%
AB	C	-2.37%
TFC	A	-2.05%
NYMTN	D	-1.95%
UGI	A	-1.83%
KHC	F	-1.82%
REXR	F	-1.7%
SPG	B	-1.69%
FANG	D	-1.48%
ARES	A	-1.47%
VOD	F	-1.43%
O	D	-1.28%
USB	A	-1.03%
BLMN	F	-0.98%
MRK	F	-0.85%
NWN	A	-0.74%
CAT	B	-0.68%
IRM	D	-0.63%
RTX	C	-0.62%
CTDD	C	-0.33%
EPR	D	-0.31%
RRR	D	-0.26%
NEE	D	-0.26%
NEE	D	-0.21%
ET	A	-0.03%
GD	F	-0.02%
WMB	A	-0.01%
UZE	B	-0.01%