MOOD vs. BNDC ETF Comparison

Comparison of Relative Sentiment Tactical Allocation ETF (MOOD) to FlexShares Core Select Bond Fund (BNDC)

MOOD

Relative Sentiment Tactical Allocation ETF

MOOD Description

The fund?s investment strategy is to seek to grow capital by tactically investing in other ETFs that invest in equity, bond, and gold based on ?relative sentiment? factors. The fund?s portfolio will be tactically allocated among passively-managed U.S. and foreign, developed market, equity ETFs, bond ETFs, and, in some instances, gold exchange-traded products (ETPs). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.67

Average Daily Volume

1,342

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

BNDC

FlexShares Core Select Bond Fund

BNDC Description

The investment seeks total return and preservation of capital. The fund invests at least 80% of its net assets in U.S. dollar-denominated investment-grade fixed-income securities either directly or indirectly through exchange-traded funds and other registered investment companies. The fund may invest, without limitation, in mortgage- or asset-backed securities, including to-be-announced transactions, and purchase and sell securities on a when-issued, delayed delivery or forward commitment basis.

Grade (RS Rating)

Last Trade

$21.96

Average Daily Volume

21,942

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	MOOD	BNDC
30 Days	0.46%	-0.90%
60 Days	1.44%	-3.60%
90 Days	3.25%	-2.67%
12 Months	18.84%	4.79%

1 Overlapping Holdings

	Symbol	Grade	Weight in MOOD	Weight in BNDC	Overlap
	SHY	D	6.9%	3.37%	3.37%

MOOD Overweight 3 Positions Relative to BNDC

	Symbol	Grade	Weight
	RSP	A	9.16%
	SCHP	D	7.87%
	UUP	A	7.16%

MOOD Underweight 8 Positions Relative to BNDC

	Symbol	Grade	Weight
	MBB	D	-24.3%
	MBSD	D	-12.49%
	IEI	D	-11.93%
	SKOR	C	-9.44%
	IEF	F	-5.68%
	RAVI	A	-4.72%
	TDTT	C	-2.04%
	LKOR	D	-0.5%

MOOD: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund U.S. Treasury Bond Yield Bloomberg Barclays Us Aggregate Bond Index Bond Market Bond Market Indices Bullish Capitalization Weighted Index Fixed Income Fixed Income Analysis Futures Exchange Futures Markets Government Bonds Index Fund Inflation Invesco Powershares Japanese Yen Managed Futures Account

BNDC: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bond Market U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Bond Fund Government Bonds U.S. Government Yield Collateralized Debt Obligation Corporate Bond Mortgage Backed Security Northern Trust Structured Finance Credit Rating Agencies Debt Securities Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association